Latest Trends in Digital Rights Management

The emergence of Digital Rights Management dates back to the 1980s when the need for the protection and distribution of digital content became a subject of discourse. DRM aims to lend copyright protection to digital works, systematically through technological intervention.

The need for DRM software was much debated. On the one hand, where the proponents suggested the adoption of DRM technology to prevent piracy and copyright infringement, the opponents argued that it would restrict consumer access and usage of the content. 

Fast-forward two decades later, with the widespread transmission and usage of data, the protection of digital intellectual property is undisputed in the post-pandemic world.

According to a report by Markets and Markets Analysis, the projected growth in the digital rights management market size is USD 4.3 billion in 2022 to USD 7.9 billion by 2027, at a CAGR of 13.0%.