Global Information Rights Management Market

Global Information Rights Management Market is expected to reach US$ 2207.9 Mn by 2024 from US$ 820 Mn in 2016 at a CAGR of 15.2%.

Information rights management market is segmented into component, deployment type, organization size, vertical, and region. On the basis of component, market is divided by services, and solution. Based on deployment type, market is segmented into cloud, on-premises. According to organization's size, market is classified into SME's, and large enterprises. On the basis of vertical market is divided by BFSI, Education, Publications & Research, Law, Manufacturing, Healthcare & Pharmaceuticals, Government, Software & Technology, Others. Geographically market is segmented into North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa.

The major factors driving the market growth are the rising concerns about information loss and theft, the upward trends of Bring Your Own Device (BYOD) and enterprise mobility, and stringent regulations and compliance. Information rights management is widely used in wireless smart devise. Also, increased use of internet is driving the market. Acceptance of digital rights management solutions among various vertical. Major restraint of the market is lack of common standards to manage digital content. There is lack of awareness about enterprises about the benefits of information rights management system. However, high installation and integration costs may hinder the market growth.

Based on components, the services segment is anticipated to grow at a faster rate during the forecast period. These services are designed to provide a wide range of service offerings that help meet the specific needs of customers. The services considered for this report include consulting services, implementation and integration services, and training and support services. These services provide assistance in effectively understanding the right information rights management needs of enterprises to deploy a suitable solution.

On the basis of vertical, the BFSI vertical is expected to have the largest market share in the information rights management market in 2018, due to the secured and confidential data features this vertical has. As huge sums of money and critical business data are at stake, well-informed decisions must be taken by enterprises in the BFSI vertical. Information rights management solutions help BFSI firms manage and maintain the rights of all the financial information.

In terms of region, North America is expected to hold of the largest market share for information rights management market among other regions in 2016. The Asia-pacific market is anticipated to experience the swift growth over the forecast period this is majorly due to the raising awareness for business productivity that is supplemented with competently designed technologies in many developing countries in this regions.

The major key players that influence the growth of Global Information Rights Management Market includes Nextlabs, Intralinks, Vaultize, Intel Corporation, Microsoft Corporation, Adobe, Oracle Corporation, Citrix, Seclore, OpenText, Covertix

The scope of the Global Information Rights Management Market

Global Information Rights Management Market, by Component

• Services
• Solutions

Global Information Rights Management Market, by Deployment Type

• Cloud
• On-Premises

Global Information Rights Management Market, by Organization Size

• Small & Medium Enterprises
• Large Enterprises

Global Information Rights Management Market, by Vertical

• BFSI
• Education
• Publications & Research
• Law
• Manufacturing
• Healthcare & Pharmaceuticals
• Government
• Software & Technology
• Others

Global Information Rights Management Market, by Geography

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America

Key Players operating in the Global Information Rights Management Market

• Nextlabs
• Intralinks
• Vaultize
• Intel Corporation
• Microsoft Corporation
• Adobe
• Oracle Corporation
• Citrix
• Seclore
• OpenText
• Covertix

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