Copyright Licensing Market To Grow 1.6X By 2030, Significant Expansion Of Film & Entertainment Industry Remains Key Growth Lever

Strong involvement of film and entertainment industry with technological developments has paved the way for rapid innovations in the industry, which results in increased need to implement and execute compatible licenses and regulations. Apart from music and films, copyright licensing of literature work continues to gain significant momentum to protect original works of authorship. Moreover, mounting demand for protection of content and credibility of author has facilitated numerous growth opportunities for companies active in the copyright licensing market.

For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=4848

In recent years, digital marketing has helped companies to reach their targeted customers and position their products accordingly. Today, numerous companies outsource their digital marketing content for conveying features of their product/services. Subsequently, these companies are inclined towards obtaining copyright license tosecure their content and impose legal charges on the ones who misuse the created content. In general, copyright protects works such as image, writing, software code, photographs, poetry, movies, music, video games, videos, plays, paintings, sheet music, recorded music performances, novels, sculptures, photographs, choreography, and architectural designs.

Increasing adoption of digital marketing strategy by companies is opening up new avenues for the copyright licensing market growth. According to a new Fact.MR study, thecopyright licensing is poised to grow at CAGR of 5% and account for revenue worth US$ 1,650Mn by 2030-end.

The emerging concept of a networked society is based on creating connected smart machines, including autonomous vehicles and robots. Advanced cloud architecture can potentially deal with the sharing and distribution of machine intelligence, and enable functioning at a higher level. Companies are increasingly striving to understand how to bestrew intelligence over the cloud.

From being just-another-network to becoming a highly impactful revolution, 5G technology is believed to be a tipping point in the global technological evolution. With an anticipated influence on various industries, the digitization brought about by 5G is being perceived as the ticket to achieving the most from mobile technology, by businesses in the ICT domain.

5G technology, IoT and IoE, and M2M communication technology will collectively lead to the rise of multiple derived industries as new revenue generation streams for stakeholders in the ICT domain.

For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=4848

Key Takeaways of Global Copyright LicensingMarket Study

  • Copyright licensing for literature work is estimated to account for 24% share of the total market revenue in 2020, and lose50 BPS in its market share by 2030 over 2020.
  • Literature work continues to influence growth strategies of copyright licensing market players, which is expected to be valued at US$ 220 Mn in 2020 and reach US$ 370 Mn by 2030, growing at a CAGR of 5.5% during the forecast period.
  • In terms of vertical, copyright licensing for animation has registered a notable growth rate over the historical period. It is expected to record a CAGR of 6% and create an absolute $ opportunity of US$ 161 Mn during the forecast period.
  • North America’s copyright licensing market is projected to hold a prominent share of the global market value.
  • South Asia’s copyright licensing market is projected to resister the highest growth rate in terms of value during the forecast period.

For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/4848

Copyright Licensing Market: Segmentation

Fact.MR has studied the copyright licensing market with detailed segmentation on the basis of type, organization, vertical and key regions.

Type Organization Vertical Region
Literature Works Large Enterprises Music and Entertainment North America
Films Small and Medium Enterprises (SMEs) Architecture Latin America
Music   Animation Europe
Artistic Works   Art & Graphics East Asia
Architectural Designs   Others South Asia
Other     Oceania
      MEA

For comprehensive insights on this market adoption, ask an analyst here – https://www.factmr.com/connectus/sample?flag=AE&rep_id=4848

Regulatory Authority to Focus on Protection of Intellectual Property

WIPO (World Intellectual Property Organization) is integrated group of 190+ countries to protect intellectual property (IP). WIPO’s exercises include facilitating gatherings to examine and shape universal IP rules and strategies, offering worldwide types of assistance that enlist and secure IP in various nations, settling trans limit IP debates, associating IP frameworks through uniform norms and foundation, and filling in as a general reference database on all IP matters – this incorporates giving reports and measurements on the territory of IP assurance or development both all-inclusive and in explicit nations.

Explore Fact.MR’s Comprehensive Coverage on ICT Landscape

Wearable Exoskeleton Market, Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2021 to 2031: https://www.factmr.com/report/3436/wearable-exoskeletons-market

Digital Battlefield Market, Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2021 to 2031: https://www.factmr.com/report/digital-battlefield-market

Self-service Kiosk Market, Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2021 to 2031: https://www.factmr.com/report/self-service-kiosk-market

About Us:

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.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com