Increase in trends of BOYD and increase in enterprise mobility in various organizations are the major factors that drive the market growth. In addition, increase in concern about information theft and loss as well as stringent regulations and compliance fuels the information rights management market growth.
However, high installation and integration cost and lack of awareness among people hamper the growth of the market. Furthermore, growing potential of IRM in developing nations and adoption of IRM by various SMEs is anticipated to create the major opportunities in the global market.
The information rights management market is segmented into component, deployment mode, organization size, industry vertical, and region. In terms of component, it is bifurcated into solution and services. The solution segment is further sub-divided into standalone solutions and integrated solutions.
The service segment is further sub-divided into professional service and managed services. Based on deployment mode, it is segmented into on-premise and cloud. As per organization size, the market is categorized into large enterprises and small & medium enterprises.
As per industry vertical, it is categorized into BFSI, retail & e-commerce, manufacturing, government & defense, energy & utilities, IT & telecom, education, healthcare, and others. Region-wise, the report includes information rights management market analysis across North America, Europe, Asia-Pacific, and LAMEA.
The information rights management market is dominated by key player such as Oracle Corporation, Microsoft Corporation, Seclore, Nextlabs Inc., Open Text Corporation, Vitrium, Micro Focus, Transperfect, Intralinks Inc., and Citrix Systems, Inc.
KEY BENEFITS FOR STAKEHOLDERS:
- The study provides an in-depth analysis of the market along with the current information rights management market trends and future estimations to elucidate the imminent investment pockets.
- Information about the key drivers, restraints, and opportunities and their impact analysis on the information rights management market share is provided.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the information rights management industry.
- The quantitative analysis of the global information rights management market from 2019 to 2026 is provided to determine the market potential.
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