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Anti-Piracy Protection Market Expected to Reach $575.6 Million by 2031—Allied Market Research

 
Anti-Piracy Protection Market Expected to Reach $575.6 Million by 2031—Allied Market Research
2022
Anti-Piracy Protection Market

Report Code : A31789

quote “the gaming segment is expected to experience the fastest growth in the coming years, owing to the growing number of privacy-related activities, increasing spending on data privacy, adoption of content security software”. quote

According to Pramod Borasi
Team Lead, ICT and Media at Allied Market Research

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According to a new report published by Allied Market Research, titled, “Anti-Piracy Protection Market," The anti-piracy protection market was valued at $204.63 million in 2021, and is estimated to reach $575.6 million by 2031, growing at a CAGR of 11.1% from 2022 to 2031.

Anti-piracy protection is designed to prevent piracy, stop unauthorized access, and maximize monetization for media and IT software organizations. In addition, anti-piracy solutions are used for the protection of confidential and genuine data on the internet. Anti-piracy protection monitors, manage, and counters internet piracy. Anti-piracy solutions are deployed to make stringent warnings to illegal downloaders.

Furthermore, the growing demand for the adoption of cloud-based solutions and the increase in the growth of pirated content is boosting the growth of the global anti-piracy protection market. In addition, the rapid growth of digitization and high internet penetration positively impact the growth of the anti-piracy protection market. However, the high cost of products, services, technological glitches and lack of technical proficiency, and lack of awareness are hampering the anti-piracy protection industry growth. On the contrary, rising government regulations related to data privacy and high spending on safeguarding the IT infrastructure is expected to offer remunerative opportunities for expansion during the anti-piracy protection market forecast.

Depending on the end-user, the OTT platforms segment holds the largest anti-piracy protection market share, owing to the increase in demand for video streaming content throughout the world. However, the gaming segment is expected to grow at the highest rate during the forecast period, owing to an increase in demand for gaming content throughout the world.

Region-wise, the anti-piracy protection market size was dominated by North America in 2021 and is expected to retain its position during the forecast period, owing to the Presence of prominent anti-piracy protection developers. However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to the increase in the adoption of anti-piracy protection solutions in the region.

The COVID-19 outbreak, which began in Wuhan, China, coincided with the Lunar New Year, known to be the world’s largest human migration. The presence of data centers can help to spur economic recovery after COVID-19. In addition, other indirect economic benefits include new avenues for automation of various processes through cloud adoption by deploying advanced technologies. This further helps in reducing the carbon footprint too. Since data centers have multi-layered and constantly upgraded security systems in place to prevent data theft and save money spent on stringent data security plans in corporate spaces, Most of the benefits of having data centers reflect the initial capital investment and the ongoing operational expenditure, which creates and sustains jobs across the wider economy. Capital investment is a major driver of tax revenue growth because, though they might yield low on employment, data centers are highly capital-intensive. Moreover, data centers aid in scaling business resources as per necessity, which again saves infrastructure and operational costs. So, data centers can be deemed as the agents of growth for the economy.

KEY FINDINGS OF THE STUDY

  • By component, the software segment accounted for the largest anti-piracy protection market share in 2021.
  • Region wise, North America generated highest revenue in 2021.
  • Depending on end user, the OTT platforms segment generated the highest revenue in 2021.

The key players that operate in the anti-piracy protection market analysis are APP Global, Brightcove Inc, castLabs, Friend MTS Limited, Red Points, Irdeto, McAfee, LLC, NAGRA, Synamedia, and Verimatrix. These players have adopted various strategies to increase their market penetration and strengthen their position in the anti-piracy protection industry.

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quote Anti-Piracy Protection Market by Component (Software, Service), by End User (Film and TV, OTT Platforms, Publication and Media, Gaming, Music, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031 quote

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