Business Services Industry
Booming Digital Media Market Creates Opportunities for Providers of Content Protection and Digital Rights Management Solutions
Business Wire, April 25, 2007
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c55057) has announced the addition of the new Frost & Sullivan Report "World Content Protection and Digital Rights Management Markets" to their offering.
This Frost & Sullivan research service titled World Content Protection and Digital Rights Management Markets provides an overview of the enterprise, entertainment and software digital rights management market, factors that will drive and restrain its growth in future along with revenue analysis. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: enterprise DRM, entertainment DRM, and software DRM.
This analysis is available through our Digital Media Growth Partnership Service program. With this program, clients receive industry-leading market research such as this, along with technical and econometric data and many interactive features including Analyst Inquiry Time and Client Councils. For more information on this custom subscription service, please click here.
Frost & Sullivan Growth Partnership Service
Based on extensive and in-depth research, real-world consulting work, and new theories tested in hundreds of companies across many industries, Frost & Sullivan has evolved its Growth Partnership Services (GPS) program that provides established and emerging firms with powerful growth visions. Moving beyond token mission statements, GPS provides an actionable vision to growth consulting partners by illustrating how key intelligence and strategic research based on defined goals can guide day-to-day behaviour and overall company direction. The foundation of Frost & Sullivan's GPS includes:
* Assisting companies to reach their full potential in the core business
* Providing growth strategies to help companies expand into related businesses
* Pre-emptively redefining the core business during market turbulence
* Applying the Frost & Sullivan framework to identify and address common mistakes resulting from misaligned corporate strategies
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To maximize the potential for growth within a firm's internal and external environment, Frost & Sullivan consultants can facilitate the creation of strategic programs that deliver improved market success. Frost & Sullivan's strengths lie in combining strategic understanding with market expertise and applying these with absolute commitment to its clients' growth.
Booming Digital Media Market Creates Opportunities for Providers of Content Protection and Digital Rights Management Solutions
With digital formats fast phasing out physical records, there has been a boom in the number of alternative channels of distribution for this content. Content owners, distributors, and service providers are all hoping to cash in on this trend by launching various delivery platforms for providing video and music. Among the slew of delivery platforms, the most attractive are Internet protocol television (IPTV), the Internet, and mobile wireless devices. These new channels compel content owners to make certain that content delivery is secured through solutions such as watermarking technology, which helps track and protect the content. Such digital rights management (DRM) solutions also integrate with business models of operators and service providers, aiding greater revenue generation.
Organizations need to guard against security breaches from both internal and external forces. Although IT departments deploy firewalls and virtual private networks (VPNs), they cannot completely plug information leakages due to human error or sabotage. Such breaches can be prevented only through DRM systems. Since DRM systems enable trusted computing, organizations will find them immensely useful in managing and controlling their intellectual property.
Customers Realize the Monetary Value of Deploying DRM Solutions, Increase Uptake
The DRM market has finally come of age as end users increasingly realize the need to protect expensive corporate information or copyrighted works. With corporations realizing the financial implications of information loss and the entertainment industry constantly battling piracy, DRM solutions have begun to make significant inroads into the digital media consumer markets. Video providers are delivering content not only through streaming media but also through other networks such as cable and IPTV. "As the demand for enhanced video services increases along with service providers' ability to offer their content on devices other than the TV, DRM solutions will witness increased adoption," notes the analyst of this research service.
Most software companies have a higher understanding of the value of security since they already sell some form of technology. Software vendors are supplementing their traditional distribution models of shipping a CD or selling through partners with online distribution channels. "Several software DRM vendors provide hardware based solutions as well protection for electronic transactions," says the analyst.
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