Security of information and data is a critical requirement, as is ongoing monitoring and tracking. Enterprise rights management solutions are specially designed to protect sensitive documents and information from unauthorized use, which typically rely on encryption of document content and optionally equipped with event detection and usage monitoring. Enterprise rights management solution offers many benefits some of them are protection of intellectual property from hackers as well as hostile insiders, and monitoring and controlling of documents use across various business to business use cases etc.
Global enterprise rights management solution market is classified into vertical, and region.Vertical wise, the global enterprise rights management solution market is segmented into telecom sector, healthcare sector, public sector, retail sector, manufacturing sector, media and entertainment sector, energy and utility sector and other sector. Public and healthcare sectors are expected to be the two most attractive sectors for enterprise rights management solution market during the forecast period. Region wise, global enterprise rights management solution market is segmented into North America, Latin America, Western Europe, Eastern Europe, Japan, Asia Pacific Excluding Japan (APEJ), and Middle East and Africa (MEA).
The global enterprise rights management solution market is expected to witness a considerable growth in CAGR during the forecast period from 2015 to 2025. The enterprise rights management solution is gaining fast traction across verticals which is projected to boost the demand for enterprise rights management solution across globe and is expected to create huge growth opportunity for key players operating in the enterprise rights management solution Market.Increased adoption of enterprise rights management solutions by government and other agencies to protect military technological documents and other classified documents against public disclosure, espionage and other forms of comprises, and growing awareness in various sector regarding document protection and safety is projected to expand the demand for enterprise rights management solution across globe.
Lack of awareness within organization in emerging economies such as APEJ, Latin America and MEA is acting as a restraint for enterprise rights management solution market, and are expected to hinder the growth of the market to some extent.Key players in the global enterprise rights management solution market focus on offering advanced solutions and services in order to enhance customer experience and outperform competitors. For example in 2014, GigaTrust Corporation launched advanced enterprise rights management content security software solutions in order to enhance the Microsoft’s basic rights management services.Some of the major players identified in the global enterprise rights management solution market are Tata Consultancy Services Limited., Microsoft Corporation, IBM Corp, Infosys Ltd., GigaTrust Corporation, Seclore Technology, EMC Corporation and Oracle Corporation etc.
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