Market Overview:
The global royalty and rights management software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cloud-based royalty and rights management software due to its advantages such as scalability, flexibility, and low cost of ownership. In addition, the increasing adoption of digital technologies by businesses is also contributing to the growth of this market. However, lack of awareness about the benefits offered by royalty and rights management software among small businesses is restraining the growth of this market. On basis on type, cloud-based royalty and rights management software held a larger share in 2017 owing to its advantages such as scalability, flexibility, and low cost of ownership over on-premises solutions.
Product Definition:
Royalty and Rights Management Software is used to manage the royalties and rights for a piece of intellectual property. This software can help track who owns what rights, how much they are owed, and when payments are due. This software is important because it helps ensure that everyone involved in the production of a work receives their fair share of royalties.
Cloud Based:
Cloud-based solutions are expected to witness significant growth over the forecast period owing to factors such as low cost of implementation, high scalability and flexibility, easy accessibility from any place and time. The cloud-based software is used for managing Royalty & Royalties in an effective way. It helps in tracking payments made by clients for using their intellectual property content such as music or videos which can be accessed from anywhere at anytime.
On-premises:
On-premises software is a type of software that is installed and used directly by the end-users or customers. The installation process usually requires physical access to the computer systems of the end users. On-premises solutions are generally termed as ‘shrinkwrap’ solutions, since they are installed in an unbranded or shrinkwrapped form.
Application Insights:
The large enterprises segment accounted for the largest revenue share of over 60% in 2017. The segment is expected to continue its dominance over the forecast period. This can be attributed to factors such as large enterprise's ability to absorb cost and offer value for money as compared to small and medium-sized businesses (SMEs).
Furthermore, large enterprises have a global presence which enables them access rights management solutions from remote locations thereby reducing implementation costs. These advantages are likely to drive demand from this segment in near future. Royalty & Rights Management software has become an essential component of an organization that distributes content on multiple digital devices, protects copyrights and trademarks, collects royalties owing by users across the world through online distribution channels including e-commerce marketplaces, social media platforms etc., And also ensures proper usage policy implementation across all supported devices globally with real time tracking & reporting capabilities so that no license is violated at any device location or network worldwide.
Regional Analysis:
The North American region dominated the market in 2017 and is expected to maintain its position over the forecast period. The growth can be attributed to increasing investments by companies for developing advanced technologies, such as artificial intelligence (AI), machine learning, and robotics; growing adoption of cloud-based solutions; and high demand for digital services. Moreover, Royalty Exchange LLC has estimated that U.S.-based companies pay around USD X billion per year in licensing fees owing to lack of an effective royalty management system across various industries including oil & gas, pharmaceuticals, automotive components etc., thereby driving regional growth.
Asia Pacific is anticipated to emerge as the fastest-growing regional market from 2018 to 2030 due mostly off increased spending on infrastructure development by governments across countries like China and India coupled with rising number of small & medium enterprises (SMEs). Furthermore, increasing awareness about benefits associated with RLS software among SMEs will drive regional growth over the forecast period.
Growth Factors:
- Increasing demand for content due to the growth of digital media and the internet
- The increasing trend of outsourcing and offshoring by businesses to reduce costs
- The need for better compliance and risk management in an increasingly complex business environment
- The growing popularity of cloud-based software solutions that offer flexibility and scalability
- The increasing use of big data analytics to identify new revenue opportunities and optimize royalty payments
Scope Of The Report
Report Attributes
Report Details
Report Title
Royalty and Rights Management Software Market Research Report
By Type
Cloud Based, On-premises
By Application
Large Enterprises, SMEs
By Companies
Eclipse, Ingenta, WestEnd, Iptor, MetaComet, Vistex, Schilling A/S, Inovva
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Royalty and Rights Management Software Market Report Segments:
The global Royalty and Rights Management Software market is segmented on the basis of:
Types
Cloud Based, On-premises
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprises, SMEs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Eclipse
- Ingenta
- WestEnd
- Iptor
- MetaComet
- Vistex
- Schilling A/S
- Inovva
Highlights of The Royalty and Rights Management Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud Based
- On-premises
- By Application:
- Large Enterprises
- SMEs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Royalty and Rights Management Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Royalty and Rights Management Software (RMS) is a software application that helps organizations manage the rights to their intellectual property. RMS can help organizations track the usage of their intellectual property, generate reports on infringement, and enforce their copyright or other intellectual property rights.
Some of the major companies in the royalty and rights management software market are Eclipse, Ingenta, WestEnd, Iptor, MetaComet, Vistex, Schilling A/S, Inovva.
The royalty and rights management software market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Royalty and Rights Management Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Royalty and Rights Management Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Royalty and Rights Management Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Royalty and Rights Management Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Royalty and Rights Management Software Market Size & Forecast, 2018-2028
4.5.1 Royalty and Rights Management Software Market Size and Y-o-Y Growth
4.5.2 Royalty and Rights Management Software Market Absolute $ Opportunity
Chapter 5 Global Royalty and Rights Management Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Royalty and Rights Management Software Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 On-premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Royalty and Rights Management Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Royalty and Rights Management Software Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Royalty and Rights Management Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Royalty and Rights Management Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Royalty and Rights Management Software Analysis and Forecast
9.1 Introduction
9.2 North America Royalty and Rights Management Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Royalty and Rights Management Software Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 On-premises
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Royalty and Rights Management Software Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 SMEs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Royalty and Rights Management Software Analysis and Forecast
10.1 Introduction
10.2 Europe Royalty and Rights Management Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Royalty and Rights Management Software Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 On-premises
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Royalty and Rights Management Software Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 SMEs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Royalty and Rights Management Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Royalty and Rights Management Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Royalty and Rights Management Software Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 On-premises
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Royalty and Rights Management Software Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 SMEs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Royalty and Rights Management Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Royalty and Rights Management Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Royalty and Rights Management Software Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 On-premises
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Royalty and Rights Management Software Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 SMEs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Royalty and Rights Management Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Royalty and Rights Management Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Royalty and Rights Management Software Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 On-premises
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Royalty and Rights Management Software Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 SMEs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Royalty and Rights Management Software Market: Competitive Dashboard
14.2 Global Royalty and Rights Management Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eclipse
14.3.2 Ingenta
14.3.3 WestEnd
14.3.4 Iptor
14.3.5 MetaComet
14.3.6 Vistex
14.3.7 Schilling A/S
14.3.8 Inovva
