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Content protection market to grow by $1 billion by 2028
Thu, 28th Dec 2023

The global content protection market is projected to expand by USD $1.03 billion from 2023 to 2028, with a compound annual growth rate (CAGR) of 11.24%, according to a new report by Technavio. The market is characterised by fragmentation, with numerous global and regional companies offering their solutions, including prominent players such as Adobe Inc., Alphabet Inc., Cisco Systems Inc., along with others including Axinom GmbH, CommScope Holding Co. Inc, and Digimarc Corp.

The surge in market growth is propelled by several strategies and technologies safeguarding digital content. Key among these is Digital Rights Management (DRM) which controls access and usage rights to protect content. Copyright Protection plays a critical role in defending original works from unauthorised reproduction or distribution. Similarly, Anti-Piracy Solutions combat illegal copying and distribution of digital content, while Content Monitoring actively surveils online platforms to identify infringements.

Technologies such as Content Encryption are critical in protecting sensitive information from unauthorised access. Digital Forensics investigate breaches to understand security incidents, while utilisation of Media Asset Management (MAM) systems improves digital asset storage and distribution efficiency. The use of Content Authentication validates the origin and legitimacy of digital content. In addition, measures such as Anti-Counterfeiting techniques are used to confirm genuine products and curb counterfeits.

Geographically, the market is well spread across North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. North America is expected to contribute a substantial 38% to the global market growth during the forecast period. This contribution is due to businesses increasingly adopting content protection solutions, triggered by the growing adoption of cloud computing and virtualisation technologies. The demand for cloud-based content protection solutions is rising because they can protect data stored in virtualised environments.

Based on end-users, the market is divided into large enterprises and small and medium enterprises (SMEs). The report forecasts significant growth in the large enterprise segment due to the heightened demand for more flexible and scalable content protection solutions. The impetus for improved security is driving large enterprises towards increasing adoption of content protection to cut costs.

However, the content protection market does face challenges. Key among these are the rising number of cyber threats and the potential for failure during implementation. Nonetheless, the focus on protecting digital assets amid an increasingly virtually connected world indicates a sustained demand for robust protection measures. This aligns with the significant strategic implementations and adoption of technology within content protection which these key players are focusing on.