The global information rights management market is anticipated to grow at a considerable CAGR during the forecast period (2024-2031). Information rights management is rapidly gaining traction in the media and entertainment industry. The creators, songwriters, or artists are using such platforms to publish their content from where they can control the copyrights of their content and earn a royalty on its sales.
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RAIR is one such platform that provides this facility to content creators. These non-fungible tokens (NFT) are issued for unique digital art and digital ownership to manage digital rights. The creator of that art is then required to share their Ethereum address with RAIR to receive payments. 90% of the profit was shared with the creator, while only 10% goes to the node owners. This advanced way of earning money is attracting the millennials which will give significant growth to the information rights management market during the forecast period.
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Market Coverage
- Segment Covered-
o By Component
o By Deployment Type
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape-IBM Corp., Cognizant, Adobe Inc., Oracle Corp., and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Information Rights Management Market Report Segment
By Type
- Solutions
- Services
By Payload Capacity
- On-Premises
- Cloud
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