Copyright Licensing Market

Copyright Licensing Market Outlook (2022-2032)

The global copyright licensing market will reach a valuation of US$ 1,052.4 million in 2022 and is expected to progress at a CAGR of 5.7% to reach US$ 1,838.3 million by the end of 2032.

Growth in Music and Entertainment industry will account for more than 1/4th revenue generation in Copyright licensing in 2022.

Report Attributes	Details
Copyright Licensing Market Size (2021A)	US$ 1,007.6 million
Estimated Market Value (2022E)	US$ 1,052.4 million
Forecasted Market Value (2032F)	US$ 1,838.3 million
Global Market Growth Rate (2022-2032)	5.7% CAGR
North America Market Share (2022)	28.3%
North America Market Value (2022)	US$ 297.8 million
Europe Market Share (2022)	20.8%
Europe Market Value (2022)	US$ 219.4 million
China Market Share (2022)	10%
China Market Value (2022)	US$ 104.8 million
Market Share of Top 3 Countries	32.8%
Regulatory Compliance Analysis	WIPO (World Intellectual Property Organization). U.S. Copyright Regulatory Authority Canada Copyright Regulatory Authority France Copyright Regulatory Authority U.K. Copyright Regulatory Authority Thailand Copyright Regulatory Authority India Copyright Regulatory Authority South Africa Copyright Regulatory Authority China Copyright Regulatory Authority Argentina Copyright Regulatory Authority Australia Copyright Regulatory Authority

Historical Market of Copyright Licensing (2017-2021) Vs. Market Outlook (2022-2032)

The global market for copyright licensing is expected to expand significantly over the next several years as a result of rising investments in digital infrastructure. In the upcoming years, the market for copyright licensing will experience expansion as a result of growing author protection concerns. To prevent content from being copied and to give credit to the real content creators, copyright licenses are mostly utilized in music, film, art, and architecture.

Over the projection period, increasing demand will be driven by the entertainment industry as well as literature and the arts. Additionally, a growing software industry supported by technological development would expand the market for copyright licensing in the IT and telecom sectors.

Additionally, a growing software industry supported by technological development would expand the market for copyright licencing in the IT and telecom sectors. The growing film and entertainment industry has been a major driver of the copyright licencing market during the past ten years. Additionally, the number of literary and creative works has increased as a result of the rising literacy rate.

A roadmap for the copyright licensing becomes more important to minimize the energy consumption and improve the efficiency of the equipment.

• Short Term (2022 to 2025): The legal identity of an individual work can drive traction for copyright licensing lead to increase adaption for the same.
• Medium Term (2025-2028): North America to remain as most lucrative region followed by Asia pacific over the forecast period. However, market for Europe is expected to grow with CAGR of 4.5% over the forecast period
• Long Term (2028-2032): In long run the demand for copyright licensing will upsurge as it will provide more statutory laws which will lead to protection of work.

From 2017 to 2021, the global market for copyright licensing registered a CAGR of 2.3% Fact.MR, a market research and competitive intelligence provider, reveals that the market will exhibit growth at 5.7% CAGR between 2022 and 2032.

Market share analysis of copyright licensing based on type and region is provided in the above image. Under the type segment, the literature work sub-segment dominates with 22.4% market share in 2022.

What’s Driving High Adaption for Copyright Licensing across Regions?

“Increasing number of OTT content can lead to adoption of copyright licensing”

Over the Top (OTT) services that are provided directly on internet to the viewers. The types of companies that traditionally act as controllers and distributors are OTT bypass cable, broadcast, and satellite television platform.

Currently Netflix is the market leader, the market growth is due to the pandemic and the increasing popularity for binge watching. Because of the extra advantages, such as on-demand services and ease of access, several demographic groups have begun to substitute video streaming services for traditional television for entertainment. There will likely be a dramatic increase in the number of people watching videos on streaming and pay-per-view services in nations like China and India.

Owing to this, OTT streaming is anticipated to experience rapid growth during the forecast period due to the growing shift in consumer social behavior, which is moving away from traditional subscriptions and increasing inclination towards broadcasting services and subscriptions every year.

“Increasing concern towards protection of content and credibility for author will elevate the copyright licensing”

Author credibility is defined as the qualifications and other characteristics that show whether or not source is trustworthy. In an essay or research paper, the authority of the author lends credence to views and arguments. If sources are unreliable, it will be harder for paper to be effective and might lessen credibility of document.

According to copyright laws, an author is the person who came up with the work's original expression. The copyright belongs to the author as well. The copyright may, however, be transferred to another individual or organization, such as a publisher. When a work is created for a fee, the commissioning party or employer is regarded as the author. The production of more content, together with its modification and distribution, is driving up demand for copyright certificates.

What Do Copyright Licensing Service Provider Need to Watch Out for?

“Frequent Change in Regulatory Policy Can Affect the Market”

Taking away the IP Businesses that have relied on exception will be subject to the full force of the CCA. A potent and well-known method by which an IP owner regulates the use of their IP assets in any way they see fit is to specify the restrictions under which a licensee may use licensed IP. Going forward, a competitive perspective will need to be applied to the goal and impact of those conditions.

This will be crucial in cases where the related agreements are between rival businesses. In this sense, market division among horizontal competitors, outright price fixing, output restrictions, and specific types of group boycotts have all been deemed illegal per se. The great majority of restrictions in intellectual property license agreements, however, are assessed using the rule of reason.

Country-wise Insights

Will improving Solution in North America Drive traction in the Copyright Licensing Demand?

With the support of the robust growth of the publishing, music, and entertainment sectors. The growth of the copyright licencing market in North America is significantly influenced by regional trends and regulatory policies. In United States the law to protect the work is governed by the Copyright Act, 1976. As per the report in 2020, the copyright officials collected more than US$ 237 million for royalty fees and filing fees worth US$ 2 million.

The North America copyright licensing industry in particular is anticipated the growth at a CAGR of 5.0% throughout the anticipated timeframe.

Why is the India Copyright Licensing Market Expected to Be Highly Lucrative?

Demand for the film and entertainment industries has risen in developing nations like China and India. Additionally, increasing demand for author reputation and material protection has created several opportunities for copyright licencing to expand. Digital marketing has made it easier for businesses to connect with their target market and position their items appropriately.

On the back of growing organizational adoption of digital marketing strategy and rising awareness of e-learning and online markets for artistic works, key companies engaged in copyright licencing are increasingly viewing South Asia from the perspective of the target market.

Category-wise Insights

The Rising Adoption of Literature Work led to Growth in Copyright Licensing?

Numerous growth opportunities for the copyright licensing market are being facilitated by the rising number of research papers and books associated with numerous topics related to education, lifestyle, product development, and other topics that have been published. Additionally, it is anticipated that literature work would gain popularity over the years and will increase its market share by 22.2% by 2032 compared to 2022.

Copyright licensing for advertisements and other online media has come from large corporations and SME's adopting digital marketing strategies more frequently. In order to engage with fans worldwide and produce dynamic growth in high-potential markets, key actors in the record industry are driving investment, innovation, and partnerships with supporting artists.

How Large Enterprise can help the market Copyright Licensing to grow?

Numerous industries related to product development, content marketing, digital marketing, and other digital marketing strategies use the copyright licencing market. Large businesses are spending more on their marketing strategies to grow their market share and connect with their target audience as a result of the increased competition. Additionally, the market for copyright licencing in relation to large enterprise is anticipated to growth at a CAGR of 5% during the anticipated period.

Copyright Licensing Market Regulatory Authority: WIPO as Key Regulatory Authority at Global Level

One of the 15 specialized offices of the UN is the World Intellectual Property Organization (UN). WIPO was founded to help nations and international organizations advance and safeguard intellectual property (IP) around the globe. WIPO's activities include arranging conferences to talk about and create international IP rules and strategies, supplying aid internationally to find and safeguard IP in various nations, settling cross-border IP disputes, connecting IP frameworks through common standards and foundations, and acting as a general reference source for all IP issues.

This includes providing reports and measurements on the area of IP assurance or development that are both comprehensive and objective. WIPO oversees a few international transactions involving copyright and associated rights.The involvement of 193 nations in WIPO in connection with administrative compliances in the board of licensed invention has established this organization as the global authority for policing IP rights at the national and international levels of participating nations.

Fact.MR has provided detailed information about the price points of key market players of copyright licensing positioned across regions, sales growth, service capacity, and speculative technological expansion, in the recently published report.

Segmentation of Copyright Licensing Market

• By Type:

  • Literature Works
  • Films
  • Music
  • Artistic Works
  • Architectural Designs
  • Other

• By Organization:

  • Large Enterprises
  • Small and Medium Enterprises (SMEs)

• By Vertical:

  • Music and Entertainment
  • Architecture
  • Animation
  • Art & Graphics
  • Others

• By Region:

  • North Americas
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa