Allied Market Research

2024

Information Rights Management Market

Information Rights Management Market Size, Share, Competitive Landscape and Trend Analysis Report by Component, by Deployment Mode, by Organization Size and by Industry Vertical : Global Opportunity Analysis and Industry Forecast, 2023-2032

IC : Software and Services

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Author's: | Onkar Sumant
Publish Date:

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Information Rights Management Market Outlook - 2026

Information rights management (IRM) is a form of IT security technology used to protect documents containing sensitive information from unauthorized access. Information rights management protects files from unauthorized copying, viewing, printing, forwarding, deleting, and editing. IRM is an extension to the traditional Microsoft DRM that protects files, however, due to its requirement for a plug in to be loaded to the desktop it is not as widely adopted, IRM protections stay with a file, no matter where it goes or who attempts to access it. Thus, the global information rights management market growth is expected to rise significantly due to rise in adoption across various industry vertical. Organization nowadays are using IRM, which helps them to create and apply custom IRM rules at enterprise level, department level, group level, or user level based on data security, compliance, and governance requirements. It encrypts a file to enforce access policies, once encrypted, the rules of IRM can be applied to a document to allow specific activities.
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 is provided to determine the market potential.

Information Rights Management Market Report Highlights

Aspects Details
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By Component
  • Solution
  • Services
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By Deployment Mode
  • On-Premise
  • Cloud
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By Organization Size
  • Large Enterprises
  • Small and Medium Enterprises
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By Industry Vertical
  • BFSI
  • Research and publications
  • Manufacturing
  • Government
  • Law
  • Software and technology
  • Education
  • Healthcare
  • Others
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By Region
  • North America  (U.S., Canada)
  • Europe  (UK, Germany, France, Spain, Italy, Rest of Europe)
  • Asia-Pacific  (China, India, Japan, Australia, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
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Key Market Players

Seclore, Oracle Corporation, Nextlabs Inc., Intralinks Inc., Open Text Corporation, Vitrium, Transperfect, Micro Focus, Citrix Systems Inc., Microsoft Corporation

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Information Rights Management Market

Global Opportunity Analysis and Industry Forecast, 2023-2032