New Report Reveals Irdeto is the Leader in Managed Security, Overtaking the Competition to Become Number #1 in the Industry
In the report, Irdeto was the market leader for managed security solutions, with a 21.9% share, continuing to grow its market share, up from 19.9% in 2021 and 9% in 2015.
Amsterdam – February 29, 2024 – Irdeto, the global leader in digital platform security, proudly announces its significant growth in market share within the managed security sector. This achievement was highlighted in the latest Omdia report on Content Security, and underscores Irdeto’s pivotal role in advancing content protection technologies in an era where direct-to-consumer streaming is reshaping the TV industry’s landscape.
Content security has never been more critical, with the ever-growing investments in content production and acquisition demanding robust protection against unauthorized viewing, tampering, and redistribution. As the industry navigates this shift, technologies such as Conditional Access Systems (CAS), Digital Rights Management (DRM), and emerging anti-piracy tools including watermarking, piracy monitoring, and credential sharing, have become indispensable.
Irdeto’s success is particularly notable in the managed security solutions segment, where it led the market in 2022 with a 21.9% share, up from 19.9% in 2021, and more than double its share from less than ten years ago. This growth is a testament to Irdeto’s deep understanding of the complexities involved in content security, particularly in the STB and pay-TV markets, and its ability to innovate and adapt to the evolving needs of the industry.
Despite a 6.4% contraction in the content security market in 2022, falling to $1.34 billion from $1.43 billion in 2021, due primarily to a decline in CAS demand, Irdeto has successfully navigated these challenges. The company’s focus on end-to-end solutions that secure streaming infrastructure against password sharing and content piracy has positioned Irdeto as a resilient force for future market growth. With a keen focus on emerging challenges such as app shielding, social media piracy, and the application of AI/ML technologies, Irdeto is at the forefront of developing new value-added layers to its security products.
Content Protection
As the industry continues to prioritize streaming over traditional pay TV, Irdeto’s involvement in watermarking, piracy monitoring, and credential-sharing technologies is expanding, addressing the critical needs of content protection in the digital age.
According to Doug Lowther, Chief Executive Officer at Irdeto, the company remains dedicated to empowering service providers and content creators with the tools they need to protect their investments and ensure the integrity of their content. “We’re honored to be recognized by Omdia as the leader in managed security. Their report highlights our commitment to innovation, and that our offerings extend well beyond mere protection, enriching our client’s products and services with added value.”
To explore the full suite of video security solutions offered by Irdeto, please click here.
To access the full Omdia Content Security Market Report 2023, please visit the Omdia website.
About Irdeto
Irdeto is the world leader in digital platform cybersecurity, empowering businesses to innovate for a secure, connected future. Building on over 50 years of expertise in security, Irdeto’s services and solutions protect revenue, enable growth and fight cybercrime in video entertainment, video games, and connected industries including transport, health, and infrastructure. With teams around the world, Irdeto’s greatest asset is its people, and diversity is celebrated through an inclusive workplace, where everyone has an equal opportunity to drive innovation and support Irdeto’s success. Irdeto is the preferred security partner to empower a secure world where people can connect with confidence.
For more information, please visit www.irdeto.com.
For more information, contact:
Irdeto Media Team
media@irdeto.com