Scope of the Study
Online digital content service is getting easier. However, free consumption and proliferation without the protection of rights undermine the benefits of content providers and cause business losses. Another problem is that the content provider provides illegal or politically sensitive content like terrorist opinions or content multimedia content, it will cause serious social problems like horror or social crisis. The main advantage of the Internet is that it is transparent and disseminated, but also has the disadvantage that digital content is not protected. Because of the online environment, it is not easy to achieve a well-protected digital rights management system. All digital content that can be freely distributed online has a value of zero. The content provider only receives a one-time profit if he uploads his work to a platform and transfers the right of production to the platform. Now it is believed that the platform holds the right. Because content is available online, anyone can download it and make various copies. After that, the value of the digital content becomes zero because the value can only be determined by the difficulty of accessing the content. There is no way to trace the leakage or copyright in the distribution of digital material. Everyone can use it for his own purpose. The first generation of blockchain technology suffers from high latency, low throughput, high transaction costs, high energy, and high computing power consumption, as well as centralization due to mining pools. In this document, we mainly focus on removing or improving all of these issues from the original blockchain system to make it suitable for our digital rights management model. The DRM also takes care of digital content and keeps a record of any required content changes, copyright transfers, or other transaction paths related to multimedia data. The use of digital watermarks is made to regain the uniqueness and copyright of the offline content once it is leaked.
The market study is being classified by Type (Rights Management, Royalty Processing, Token Distribution and Other), by Application (B2B and B2C) and major geographies with country level break-up.
Sony (Japan), Binded, Inc (United States), Custos Media Technologies (South Africa), Scenarex (Montreal) (Canada), Publica (United States), Mediachain (United States), Pixsy (United States) and RecordsKeeper (Singapore) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Blockchain in Digital Rights Management (DRM) market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Blockchain in Digital Rights Management (DRM) market by Type, Application and Region.
On the basis of geography, the market of Blockchain in Digital Rights Management (DRM) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increase in Internet Usage
- Growth in Smart Devices
- Increasing Security Concerns and Increased Adoption of Solutions among Enterprises
- Protection of Such Content and Information from Unauthorized Use and Copying
- Additional Overhead Costs and Increased Demand For Competent IT Resources
- The Rapid Development of Digital Rights Management
- Technological Advancement in Digitizing the Information Hence Enabling Sharing Of Information across the Globe
Key Target AudienceProviders of Blockchain in Digital Rights Management (DRM), End-Users, Potential Investors, Market Research Firms and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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