· BestDRM · Industry Insights

The Growing Impact of Online Piracy and How DRM Solutions Like BestDRM Can Protect Your Content

Online piracy costs industries billions annually. BestDRM offers robust content protection with encryption, cross-platform support, and customizable controls to safeguard your assets.

Online piracy costs industries billions annually. BestDRM offers robust content protection with encryption, cross-platform support, and customizable controls to safeguard your assets.

Online piracy has become a major issue for content creators and distributors across the globe. From video streaming to music and gaming, unauthorized access to digital content is costing industries billions of dollars annually. Let’s explore the impact of online piracy and how Digital Rights Management (DRM) solutions, like BestDRM, are crucial for safeguarding your valuable content.

The Devastating Effects of Piracy

The statistics surrounding online piracy paint a clear picture of its scale and economic impact:

230 billion views are generated annually from pirated video material. 80% of global online piracy comes from illegal streaming services. Piracy costs the US economy between $29.2 and $71 billion every year. 126.7 billion US TV episodes are pirated globally each year. The movie industry loses between $40 and $97.1 billion in annual revenue due to piracy. In the United States alone, 70,000 jobs are lost yearly due to music piracy. Nearly 24% of global internet bandwidth is consumed by piracy. These numbers highlight the urgency for robust digital protection. Without effective measures, content creators, distributors, and even entire industries stand to lose significant revenue and opportunities.

How DRM Solutions Protect Content

Digital Rights Management (DRM) is the most reliable tool available to combat online piracy. DRM allows content creators to control how their digital media is accessed, distributed, and consumed. By using DRM, content owners can:

Restrict Unauthorized Access: DRM solutions encrypt content, ensuring that only authorized users can access it. Control Usage Rights: DRM enables creators to define what can and cannot be done with their content, such as preventing downloads or limiting sharing. Secure Streaming and Downloads: For industries relying on digital streaming and downloads, DRM provides an additional layer of security, ensuring that content cannot be pirated or accessed through illegal means.

BestDRM: The Simplified Solution for Premium Content Protection With piracy posing such a significant threat to industries, the demand for effective DRM solutions is rapidly increasing. The DRM market in media and entertainment was valued at $4.3 billion in 2022 and is expected to grow to $12.92 billion by 2031, with a CAGR of 13.0%. As the industry grows, BestDRM is poised to lead the way in providing simple, robust, and scalable content protection.

BestDRM is designed to address the modern needs of content creators and distributors:

End-to-End Encryption: Ensuring that your content is protected from the moment it’s uploaded to when it reaches the consumer. Cross-Platform Compatibility: Whether your audience is on mobile, desktop, or smart TVs, BestDRM ensures secure delivery across all platforms. Customizable Controls: Define the usage rights of your content to prevent unauthorized sharing, downloading, or redistribution. Seamless Integration: BestDRM is easy to integrate into your existing workflow, providing strong protection without disrupting the user experience. The Future of DRM and Content Protection As online piracy continues to grow, industries need to adopt stronger digital protection measures. With the content creator segment projected to grow at a CAGR of over 15% between 2024 and 2032, the demand for DRM services will only increase. Protecting your digital content is not just an option—it’s a necessity.

BestDRM offers a tailored, simple solution to ensure that your valuable content remains secure in a world where piracy is an ever-present threat. By choosing BestDRM, you’re not only protecting your content, but also ensuring long-term success in the digital market.

Back to Blog

Related Posts

View All Posts »

5 Key Factors to Consider When Choosing a DRM Service

In today’s digital-first world, securing your digital assets is more important than ever. Choosing the right Digital Rights Management (DRM) service is essential for protecting your content while ensuring it reaches the right audience.