Europe and US Digital Enabled Internet Music Market Set to reach $1,86Bn in 2008

Released on = September 19, 2006, 4:33 am

Press Release Author = RNCOS

Industry = Industrial

Press Release Summary = DRM is the emergent anti-piracy technology in
the arena of Digital Enabled Internet Music market. It has generated significant
interest in the overall entertainment industry.

Press Release Body = Digital Rights Management, or DRM as we call it, is the most
reliable technology available to prevent audio-video piracy. In the previous year
the position of DRM in the digital market strengthened considerably with heightened
judicial intervention against illegal services. The market has since then invented
new formats as well as distribution channels. Concurrent with these developments,
globally music sales through Internet and mobile phones further proliferated
generating as large as US$1.1 billion for recording companies. There are all the
indications to show that the market is going to grow further in the coming decades.

DRM-enabled Internet music market size in Europe and U.S is likely to touch a mark
of about $1.86Bn by the year 2008, an approximate 7-fold rise from nearly $235Mn in
2004. Online music market in the Western Europe alone shall surpass 500% by the year
2008 making it to $559.1Mn, whereas it was just $106.4Mn in 2005.

“Digital Rights Management: Opportunities (2006)”, the latest market
research report by RNCOS provides a comprehensive analysis on every aspect of the
DRM industry. According to the report, “DRM systems, today, have acquired
greater attention in the media industry compared to the enterprise sector. Growth in
DRM technology is particularly driven by mobile and music industries. However, some
end users consider DRM as a hindrance to the entertainment sector”.

This Market Research Report on Digital Rights Management includes:

- Discussion on potential application area of DRM.
- Profile discussion of key competitors in the global DRM industry.
- Analysis of opportunities for the DRM Technology.
- Major forces driving the industry.
- Overview of key barriers in the application of Digital Right Management.

The report is intended for

- Decision-makers having interest in DRM technology.
- Investors keen on investing in this technology.
- Students who need research material on this subject.

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To purchase your copy: http://www.rncos.com/Report/IM057.htm
For more information about the report please visit www.rncos.com


Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial area, Delhi 92
91-11-4214-1229
info@rncos.com

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