Market Share of Information Rights Management Industry
The competitive landscape of the information rights management market is fragmented owing to the presence of several IRM solution providers. The market players are extending partnerships and collaborating with several companies in different end-users to boost their market presence. The companies are also making efforts to provide innovative solutions and offerings in the market.
In September 2023 - Oracle announced its participation initiative to a new open standard on network and data security, which will help organizations to better secure their data in distributed IT environments by providing them with collective enforcement of shared security policies, enabling networks to reinforce the security architecture organizations have been using without changing existing applications and networks.
In September 2022, Microsoft developed the information rights management (IRM) elements of Microsoft 365 applications and services, which could be used after the rights management service (RMS) has been activated. The user company may begin utilizing Azure RMS to protect crucial emails and documents. This information security system could protect all file formats, which also connects with servers like Microsoft Exchange and SharePoint and client programs like Excel, Microsoft Word, and others.
Information Rights Management Market Leaders
Microsoft Corporation
McAfee, LLC
Cognizant Technology Solutions Corporation (assetServ)
Adobe Inc.
Oracle Corporation
*Disclaimer: Major Players sorted in no particular order
