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Global DRM will grow threefold by 2014

May 4, 2011

The global Digital Rights Management (DRM) market is projected to witness significant growth in the near future due to the continuously growing media and entertainment sector.

The global market for DRM is projected to grow threefold by 2014 with rising spending on DRM software and hardware to protect entertainment, commercial software, and other information. RNCOS’ research says that DRM applications have huge opportunities across different verticals including healthcare, educational services, software industry, and financial sector. Electronic Medical Record, particularly, is the major segment, which has huge future growth potential in healthcare. E-books have also vast future potential, where DRM can capture significant market share.

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