Digital Rights Management Software Developers in the US Industry Market Research Report Now Available from IBISWorld

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While the ever-increasing array of content available over the internet has afforded consumers and businesses more options than ever before, it has also motivated content owners and intellectual property holders to protect their content like never before. Digital rights management (DRM) software seeks to mitigate the risk of digital content being pirated or misused by limiting a user's ability to view, download, copy or print a certain piece of content. Over the next five years, increasing business demand along with the increasing proliferation of broadband-enabled mobile devices will bode well for the industry. More businesses will likely implement bring-your-own-device policies (where employees use their own devices to access company information), expanding the risk of proprietary document theft to mobile platforms. As a result, mobile DRM solutions will likely see increased demand over the next five years. For these reasons, industry research firm IBISWorld has added a report on the Digital Rights Management Software Developers industry to its growing industry report collection.

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Rising levels of digital information have supported demand for DRM software

While the ever-increasing array of content available over the internet has afforded consumers and businesses more options than ever before, “it has also motivated content owners and intellectual property holders to protect their content like never before,” says IBISWorld industry analyst Kevin Boyland. Digital rights management (DRM) software seeks to mitigate the risk of digital content being pirated or misused by limiting a user's ability to view, download, copy or print a certain piece of content.

Two opposing trends characterized the Digital Rights Management Software Developers industry in the past five years. “On the one hand, decreasing disposable incomes amid the recession resulted in lower sales of discretionary products, such as digital music and books, decreasing demand for DRM software for these products,” Boyland says. “On the other hand, businesses moved more operations online to improve productivity and cut costs, driving demand for DRM software from this market.” These two contrasting forces essentially balanced each other out. As a result, revenue is expected to increase at a moderate annualized rate of 0.8% to $1.7 billion over the five years to 2012.

While less prominent to the public, demand for business DRM software, which allows businesses to protect internal and external exchanges of information, has increased year over year. Different businesses and business units are increasingly collaborating through the internet, improving productivity but also increasing the risks of theft or misuse of proprietary information. These businesses have increasingly demanded DRM software to mitigate some of these risks.

Over the next five years, increasing business demand along with the increasing proliferation of broadband-enabled mobile devices will bode well for the Digital Rights Management Software Developers industry. More businesses will likely implement bring-your-own-device policies (where employees use their own devices to access company information), expanding the risk of proprietary document theft to mobile platforms. As a result, mobile DRM solutions will likely see increased demand over the next five years. For more information, visit IBISWorld’s Digital Rights Management Software Developers in the US industry report page.

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IBISWorld industry Report Key Topics

This industry includes firms that develop digital rights management (DRM) software. DRM software is used to limit the use and distribution of copyrighted or proprietary material through restrictive licensing agreements and encryption technology. DRM software may prevent copying or printing, limit the number of devices on which digital media can be installed, and restrict access to various documents.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

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Gavin Smith
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