Mounting Software Industry Backed By Technological Advancement To Increase Market For Copyright Licensing In IT & Telecom Industry
NEW YORK, Oct. 25, 2022 /PRNewswire/ — According to Fact.MR, a market research and competitive intelligence provider, the global copyright licensing market is likely at US$ 1,052.4 million in 2022 and is expected to expand at a CAGR of 5.7% during the forecast years of 2022-2032. This has created significant opportunity for the market players in the segment owing to which investment in copyright licensing in large enterprises.
The market for copyright licencing is fragmented, with numerous regional and international competitors monopolising it. Important players should concentrate on expanding their worldwide presence while taking country-level IPR rules into consideration. Demand for the film and entertainment industries has risen in developing nations like China and India.
Download Sample Copy of This Report
Copyright licencing has seen a lot of growth opportunities as a result of the rising demand for content protection and author credibility. Digital marketing has helped businesses reach their target markets and position their products appropriately.
Large enterprises using digital marketing strategy in accordance with numerous industries are potential target for copyright licensing market. In addition to this architectural design are expected to reach valuation of US$ 274.2 million by 2032.
Additionally, a growing software industry supported by technological development would expand the market for copyright licencing in the IT and telecom sectors. The growing film and entertainment industry has been a major driver of the copyright licencing market during the past ten years. Additionally, the number of literary and creative works has increased as a result of the rising literacy rate.
From 2017 to 2021, the global market for copyright licensing registered a CAGR of 2.3% Fact.MR, a market research and competitive intelligence provider, reveals that the market will exhibit growth at 5.7% CAGR between 2022 and 2032.
Key Takeaways from Market Study
The global copyright licensing market is projected to grow 5.7% and reach US$ 1,838.3 million by 2032.
The market witnessed 2.3% CAGR between 2017 and 2021.
Under organization, the large enterprise dominates the market with US$ 710.4 million valuations in 2022.
North America’s market share was 28.4% in 2021.
Music and Entertainment is going to dominate the market in 2022 with market value of US$ 277.1 million.
Based on region, demand is expected to increase at Y-O-Y growth of 5.5% and 5.7%, respectively, in East Asia and South Asia in 2022.
Get Customization on this Report for Specific Research Solutions –
Segmentation of Copyright Licensing Market
Regulatory Authority to Focus on Protection of Intellectual Property
In order to protect intellectual property, more than 190 countries have joined the World Intellectual Property Organization (WIPO) (IP). WIPO’s activities include arranging conferences to talk about and create international IP rules and strategies, supplying aid internationally to find and safeguard IP in various nations, settling cross-border IP disputes, connecting IP frameworks through common standards and foundations, and acting as a general reference source for all IP issues. This includes offering thorough and unbiased reports and measurements on the topic of IP assurance or development.
Get Free Access of Complete Report –
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global copyright licensing market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
The study reveals essential insights on the basis of Type (Literature Works, Films, Music, Artistic Works, Architectural Designs, Other), Organization (Large Enterprise, Small & Medium Enterprise (SMEs)), Vertical (Music and Entertainment, Architecture, Animation, Art & Graphics, Others), across major regions of the world (North Americas, Latin America, Europe, East Asia, South Asia, Oceania, Middle East & Africa).
Check out more related studies published by Fact.MR Research:
Cloud Music Streaming Market – The global cloud music streaming market was valued at around US$ 10 Bn in 2020, and is expected to reach a valuation of US$ 30 Bn by 2031, accelerating at a CAGR of 12%. Demand for cloud music streaming for individual use is higher and is projected to rise at a CAGR of 10% across the assessment period of 2021 to 2031.
Video Streaming Market – The video streaming market is likely to garner a market value of US$ 50 Bn in 2022, expected to register a CAGR of over 17% from 20220-2032, accumulating a market value of US$ 241 Bn. According to Fact.MR’s study, the video streaming industry experienced an impressive trajectory, expanding at a CAGR of 15% from 2017-2021.
Worldwide Persuasive Content Management Software Market – The rising trend of cloud computing and big data analytics is the primary factor fuelling the growth of the persuasive content management software market. Growing demand for cost effective & flexible solutions for better content management is one of the major factors driving the growth of the persuasive content management software market.
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
US Sales Office:
11140 Rockville Pike
Rockville, MD 20852
Tel: +1 (628) 251-158
View original content:https://www.prnewswire.com/news-releases/adoption-of-digital-marketing-strategy-and-increasing-number-of-ott-platform-to-facilitate-numerous-growth-opportunities-for-copyright-licensing-market–factmr-301657029.html
It’s not just about crypto.
(Bloomberg) — Elon Musk gave Twitter Inc. employees an ultimatum to either commit to the company’s new “hardcore” work environment or leave. Many more workers declined to sign on than he expected, potentially putting Twitter’s operations at risk, according to people familiar with the matter. Most Read from BloombergMusk’s ‘Hardcore’ Ultimatum Sparks Exodus, Leaving Twitter at RiskFTX’s New Boss Reveals Chaos Left Behind by Bankman-FriedGOP Retakes US House by Slim Margin in Washington Power Shi
2022 has undoubtedly been a rough one for investors. Even accounting for the recent gains, all the major indexes are still down for the year and the backdrop of economic uncertainty still hovers menacingly. Such an environment makes it difficult to find the stocks which are primed to charge ahead, but one way to sort the wheat from the chaff is to follow in the footsteps of legendary stock pickers. And few are as well-versed in the investing game as billionaire Steve Cohen. Famous for his high-r
From a $1 billion loan to Sam Bankman-Fried to missing funds and payment-disbursement emojis, here are some of the eye-popping revelations from FTX’s new CEO
Holiday sales are projected to reach as high as $960.4 billion, the National Retail Federation says.
Cryptocurrency brokerages Gemini and Genesis are reassuring people that their operations are still solvent after the massive collapse of exchange FTX. The insolvency of FTX could result in more companies in the industry facing severe liquidity issues, including crypto exchanges and lenders. "We are working with the Genesis team to help customers redeem their funds from the Earn program as quickly as possible," Gemini said in a tweet.
The Oracle of Omaha knows how to beat inflation. So ride his coattails.
Yahoo Finance Live checks out Alibaba shares following its Singles' Day sales and latest earnings report.
Analysts are becoming increasingly wary about Nio's prospects, but they still see a strong upside in the EV stock.
Michael Burry is a savvy investor. He is one of the legends of Wall Street, which makes him one of those financiers whose every word is followed closely by millions of investors. Investors watch his strategies and the business choices he makes.
Sam Bankman-Fried fires off a missive about financial regulators on Twitter and discusses them with a reporter.
"I'm only happy when it rains," sang alternative rock band Garbage in the 1990s, and it's fair to say that Cathie Wood feels the same way. The co-founder, CEO, and chief stock picker of Ark Invest is a growth stock investor, but she also seems to be making opportunistic purchases when her holdings go the wrong way. Ark Invest only added to a couple of its position on Wednesday.
The cross-border e-commerce specialist reported worse-than-expected losses, but its growth was robust.
Shares of Blackstone (NYSE: BX), the largest alternative asset manager in the world, saw its stock fall 16.8% on the week. While the private equity, real estate, and hedge fund giant announced two large transactions in the Indian market, it was likely the hawkish commentary from Federal Reserve officials that sent shares down, along with basically all other financial stocks. On Thursday, Blackstone had two big announcements.
Treasury I bonds weren't a good deal in October. They were a great deal with a 9.62% interest rate. Now it's time to consider buying the new I bond.
The telecom giant has had a tumultuous history since its phone monopoly was broken up nearly 40 years ago.
Shares of Twist Bioscience (NASDAQ: TWST) were crashing this week, plunging 37.2% as of the market close on Thursday, according to data provided by S&P Global Market Intelligence. The steep decline came after Scorpion Capital announced on Tuesday that it was short-selling the stock and released a scathing online report about the synthetic DNA maker. Scorpion accused Twist Bioscience of being "a cash-burning inferno that is not a going concern."
The fast-food chain has fallen to number three in the United States. It's making a move that can change that.
On Wednesday, Vox published a bombshell interview with former crypto exchange FTX CEO Sam Bankman-Fried, where the 30-year-old crypto trader all but revealed he had, in fact, co-mingled customer funds with those of his hedge fund, Alameda Research. This would be a problem on its own, as it violated FTX’s terms-of-service as well as likely falls afoul of wires or securities laws. Bankman-Fried’s crime, which “wasn’t quite lending [customer deposits] out” but something “messier,” “more organic” and “reasonable” than that, was compounded after a run on his exchange left up to one million FTX users without access to their funds.
Nvidia Corp.'s financial results had a bit of a surprise for investors, and not on the good side — product inventories doubled to a record high as the chip company gears up for a potentially iffy holiday season.