Network Copyright Market Size, Share, Growth, and Industry Analysis, By Type (Long Video, Short Video and Other Types), By Application (Copyright for Individuals, Copyright for Business and Other Applications) Regional Forecast To 2031

Updated On: 08 April 2024

NETWORK COPYRIGHT MARKET REPORT OVERVIEW

• 
• Request Free Sample PDF to learn more about this report

The global network copyright market size is USD 48800 million in 2022 and the market is projected to touch USD 165078 million by 2031, with a growing CAGR of 14.5% during the forecasting period.

The global COVID-19 pandemic has been unprecedented, staggering, as the network copyright market are experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels.

A type of intellectual property law known as network copyright safeguards the rights of authors and other parties who possess copyrighted works and disseminate those works electronically over networks. This encompasses the online distribution of audio, visual, and other digital content. Network copyright enables individuals to exchange works protected by copyright without worrying about violating the rights of others.

Network Copyright is an official term used to describe ownership of the rights to use and appropriate particular creative works, such as books, videos, films, melodies, and computer programs. Generally speaking, intellectual property law has been mandated to adjust societies' desires to use and reuse inventive works, thereby putting "subordinate work" against the rights of creators of craftsmanship, writing, music, and other forms of art to adapt their works by limiting who is allowed to produce and sell copies of them. To achieve some level of harmony, the selectiveness of control is frequently restricted for a predetermined number of years, after which a copyright-secured work is once again available in the public domain and may be freely used.

COVID-19 Impact: Lockdown Multiplied the Users and Escalated the Market Growth

The COVID-19 outbreak had a very optimistic effect on the network copyright market share. The pandemic gave rise to the unfavourable circumstances for people to stopover at home but the network copyright services got benefited by the circumstances and created a favourable environment for people at their own home, by entertaining them and making them feel good and relaxing. Henceforth the COVID-19 turned out to be a major breakthrough in the network copyright market growth.

LATEST TRENDS

"The Circulation of Pirated Content in the Market to Upsurge the Market Growth"

Piracy is another big contributor to copyright infringement simply because it is sometimes impossible for customers to discern whether they are acquiring authentic copies or pirated copies from unauthorized web sources. The lack of government enforcement against piracy has also contributed to an increase in copyright infringement since it allows people who want to access copyrighted information without needing to pay for it to do so with little worry about being caught or penalized for their conduct. Because there is no international agreement on how to best enforce copyright law, countries have varied laws regarding what constitutes piracy and the penalties that should be placed on individuals who commit piracy.

NETWORK COPYRIGHT MARKET SEGMENTATION

• 
• Request Free Sample PDF to learn more about this report

• By Type Analysis

Based on type, the market is subdivided into long video, short video and other types.

Long video is the leading part of the type segment.

• By Application Analysis

Based on the applications, the market is subdivided into copyright for individuals, copyright for business and other applications.

Copyright for individuals is the leading type of the application segment.

DRIVING FACTORS

"High Speed Internet Services and Advent of Social Media to Boost the Market Share"

The number of people who have access to copyrighted content has dramatically increased as a result of the evolution of the internet and the advent of social media. The LTE and 5G wireless services is transforming the way we connect. Super-fast Wi-Fi or high-speed internet is all you need nowadays, which is actually very simple. Internet speed is more crucial than ever right now. People spend 12 hours every day online, and the entertainment network copyright offers is palpable to attract the consumers and boost the market share.

"The Inclination Towards the Use of Electronic Devices Will Boost the Market Share"

Living in a world which is going digital it is most evident for the population to own smartphones, laptops, computers, I-pods, tablets and many other electronics devices prevailing in the digitized market. With the emerging trend and utilization of the e-devices people will tend to connect with the network copyright and the rise in popularity of streaming services such as Netflix, Hulu, and Amazon Prime has also contributed to an increase in network copyright market growth.

RESTRAINING FACTORS

"Several Applications and Websites collects user information which can be misused by hackers"

In today's digitized world, based on server or cloud, data is the most valued thing. Data retrieved can be of multiple use by hackers, spammers and other commercial websites and companies and hence providing security of the data of consumers is very crucial. In some cases, the mastermind hackers can hack the server, commit a crime of phishing which can pose as a restraining threat to the network copyright market share and repel the consumers to feel safe. 

NETWORK COPYRIGHT MARKET REGIONAL INSIGHTS

• 
• Request Free Sample PDF to learn more about this report

"North America to Lead the Market with the Presence of Technological Advancements"

North America outperformed the rest of the world in the market for network copyrights, taking the lion's share in 2020 and forecasted to generate the most income. The presence of well-known autonomous network and broadcasting service providers is one of the important elements that aids North America in dominating the global network copyrights industry. Additionally, the market is likely to benefit from the growing number of internet users in North America who use it for entertainment. The market growth is enhanced corresponding to the factors such as implementation and developments of advanced technology in verticals including software, hardware technologies and other sectors. The increment in the demand of rising automation, consumer electronics and sales in the North American region results in stimulating network copyright market growth.

KEY INDUSTRY PLAYERS

"Notable Players to Contribute in the Market Globally"

The report analyzes different market players in the industry. The information is published after proper research, analysis of trends, key developments, the introduction of new initiatives, and technological developments and innovations. Other aspects of the report include a study on the companies, regions, automation, technological developments, and the impact of newly emerging industries along with their risks. The facts in the report may be subject to change, given the situation of market players from time to time.

List of Market Players Profiled

• Netflix (U.S.A)
• Youku (China)
• Tencent (China)
• YouTube (U.S.A)
• IQIYI (China)
• Hulu (U.S.A)
• Dailymotion (France)
• Amazon (U.S.A)
• MX Player (Times Internet) (India)
• Vimeo (U.S.A).

REPORT COVERAGE

The report examines elements affecting the demand and supply sides and estimates dynamic market forces for the forecast period. The report offers drivers, restraints, and future trends. After evaluating governmental, financial, and technical market factors, the report provides exhaustive PEST and SWOT analysis for regions. The research is subject to alteration if the key players and probable analysis of market dynamics change. The information is an approximate estimate of the factors mentioned, taken into consideration after thorough research.