The Latin America, Middle East and Africa Digital Rights Management Market is expected to witness market growth of 27.0% CAGR during the forecast period (2021 2027).
Because the storage space on a mobile device is insufficient to broadcast a high-quality video in real-time, cloud-based DRM is required when making use of video on demand (VoD) prospects. Cloud services are a cost-effective method to improve DRM operations while ensuring a high level of service. The cloud deployment paradigm simplifies the transfer of licensing keys and numerous security functions from the client device towards the server. Multiple DRMs, protocols, formats, and dynamic business models may now be managed, updated, and supported more easily. Cloud-based solutions are projected to gain popularity as a result of these value increases. This is expected to present significant growth prospects for the DRM industry.
Digital rights management usually comprises codes that prevent duplicating or that limit the amount of time or devices onto which a product may be accessed. Content creators, publishers, and other authors utilize software to encrypt data, media, e-books, software, content, and other copyrighted materials. The material can only be accessed by those who have the decryption keys. They can also employ methods to limit or restrict what users can do with their content. Authors and publishers can also get a log of who used what media, content, or software when they implement digital rights management. A person can, for example, check when an e-book was downloaded or printed, including who accessed it.
Content is governed by Federal Law No. 15 of 1980 on Publications and Publishing (Publications Law), regardless of whether it is published electronically or through conventional media like magazines and newspapers. The UAE's Publications Law governs printing & publishing, and it's comprehensive enough to embrace all types of published material expression, along with television broadcasting. The Publications Law establishes what can and cannot be published, including religious and political topics, individual rights and national security, and public morals. Other articles in the Publications Law detail the penalties that can be imposed on a publishing company, as well as the editor-in-chief or editor in some cases, if they are discovered to have broken the law's provisions.
The growing use of social networking sites in the UAE has the potential to provide significant economic value. Social media has developed rapidly across the Arab world, according to the Arab Media Outlook 2011 2015 (a report offering an overview of the regional media sector), with over 90% of all internet users in the UAE utilizing social networking sites like Facebook. In addition, the regularity of use has increased dramatically in recent years, with over 65 percent of these users accessing social networks multiple times per day.
The Brazil market dominated the LAMEA Digital Rights Management Market by Country in 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $305.6 million by 2027. The Argentina market is poised to grow at a CAGR of 27.7% during (2021 - 2027). Additionally, The UAE market is expected to exhibit a CAGR of 26.7% during (2021 - 2027).
Based on Enterprise Size, the market is segmented into Large Enterprise, and Small & Medium Enterprise (SME's). Based on Application, the market is segmented into Video-on-demand, Mobile Gaming, Mobile Content, and Others. Based on Vertical, the market is segmented into Television & Film, Printing & Publication Educational, BFSI, Healthcare, Software, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include DivX, LLC, Fasoo, NextLabs, Inc., Adobe, Inc., Apple, Inc., Sony Corporation, IBM Corporation, Oracle Corporation, Microsoft Corporation, and Dell Technologies, Inc.
Because the storage space on a mobile device is insufficient to broadcast a high-quality video in real-time, cloud-based DRM is required when making use of video on demand (VoD) prospects. Cloud services are a cost-effective method to improve DRM operations while ensuring a high level of service. The cloud deployment paradigm simplifies the transfer of licensing keys and numerous security functions from the client device towards the server. Multiple DRMs, protocols, formats, and dynamic business models may now be managed, updated, and supported more easily. Cloud-based solutions are projected to gain popularity as a result of these value increases. This is expected to present significant growth prospects for the DRM industry.
Digital rights management usually comprises codes that prevent duplicating or that limit the amount of time or devices onto which a product may be accessed. Content creators, publishers, and other authors utilize software to encrypt data, media, e-books, software, content, and other copyrighted materials. The material can only be accessed by those who have the decryption keys. They can also employ methods to limit or restrict what users can do with their content. Authors and publishers can also get a log of who used what media, content, or software when they implement digital rights management. A person can, for example, check when an e-book was downloaded or printed, including who accessed it.
Content is governed by Federal Law No. 15 of 1980 on Publications and Publishing (Publications Law), regardless of whether it is published electronically or through conventional media like magazines and newspapers. The UAE's Publications Law governs printing & publishing, and it's comprehensive enough to embrace all types of published material expression, along with television broadcasting. The Publications Law establishes what can and cannot be published, including religious and political topics, individual rights and national security, and public morals. Other articles in the Publications Law detail the penalties that can be imposed on a publishing company, as well as the editor-in-chief or editor in some cases, if they are discovered to have broken the law's provisions.
The growing use of social networking sites in the UAE has the potential to provide significant economic value. Social media has developed rapidly across the Arab world, according to the Arab Media Outlook 2011 2015 (a report offering an overview of the regional media sector), with over 90% of all internet users in the UAE utilizing social networking sites like Facebook. In addition, the regularity of use has increased dramatically in recent years, with over 65 percent of these users accessing social networks multiple times per day.
The Brazil market dominated the LAMEA Digital Rights Management Market by Country in 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $305.6 million by 2027. The Argentina market is poised to grow at a CAGR of 27.7% during (2021 - 2027). Additionally, The UAE market is expected to exhibit a CAGR of 26.7% during (2021 - 2027).
Based on Enterprise Size, the market is segmented into Large Enterprise, and Small & Medium Enterprise (SME's). Based on Application, the market is segmented into Video-on-demand, Mobile Gaming, Mobile Content, and Others. Based on Vertical, the market is segmented into Television & Film, Printing & Publication Educational, BFSI, Healthcare, Software, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include DivX, LLC, Fasoo, NextLabs, Inc., Adobe, Inc., Apple, Inc., Sony Corporation, IBM Corporation, Oracle Corporation, Microsoft Corporation, and Dell Technologies, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Enterprise Size
- Large Enterprise
- Small & Medium Enterprise (SME's)
By Application
- Video-on-demand
- Mobile Gaming
- Mobile Content
- Others
By Vertical
- Television & Film
- Printing & Publication Educational
- BFSI
- Healthcare
- Software
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
Companies Profiled
- DivX, LLC
- Fasoo
- NextLabs, Inc.
- Adobe, Inc.
- Apple, Inc.
- Sony Corporation
- IBM Corporation
- Oracle Corporation
- Microsoft Corporation
- Dell Technologies, Inc.
Unique Offerings from the publisher
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. LAMEA Digital Rights Management Market by Enterprise Size
Chapter 5. LAMEA Digital Rights Management Market by Application
Chapter 6. LAMEA Digital Rights Management Market by Vertical
Chapter 7. LAMEA Digital Rights Management Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- DivX, LLC
- Fasoo
- NextLabs, Inc.
- Adobe, Inc.
- Apple, Inc.
- Sony Corporation
- IBM Corporation
- Oracle Corporation
- Microsoft Corporation
- Dell Technologies, Inc.
Methodology
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