Companies need to implement digital rights management (DRM)
because it helps owners to secure their copyrights and prevent unauthorized
reproduction, distribution, performance, and modification of their works.
Digital rights management can be implemented with software solutions that can
control the transfer of digital files. These can include digital asset
management applications that will help in the management of digital customer
databases, workflows that will provide businesses with access to protected
works on a secured remote server, and other solutions that will help to enforce
copyrights. Various forms of DRM can be implemented by businesses to protect
their intellectual works.
Digital rights management provides businesses with the
ability to control and restrict the distribution of their protected digital
media. With these restrictions, it is easier for them to restrict the usage of
their digital media by users, especially those who do not have legal ownership
of the material. Many types of DRM are used by businesses today to manage their
digital rights. One of the most commonly used forms of digital
rights management is content protection.
Industries that can benefit from digital rights management
software are retail and consumers, media and entertainment, government, BFSI (Banking,
financial services, and insurance), and healthcare. DRM is most commonly used
in the media and entertainment industry owing to the growing number of media
and entertainment companies, its wide online dispersion, and the high volume of
the content generated, which increases the demand for enhanced control over
audios, videos, and images from multiple sources.
Moreover, the outbreak of COVID-19 has led to increased
demand for digital rights management software in the media and entertainment
sector. Streaming services are being used by people for entertainment, which
increases the traffic load on the network. For instance, the U.S. based OTT
platform, Netflix has seen subscriber numbers surge during the pandemic, around
16 million people created accounts in the first three months of 2020, according
to the company. The increasing demand for high network connectivity is increasing
the demand for digital rights management.
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