Global Online Transcription Software and Service Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Online Transcription Software and Service Market 2024 by Company, Regions, Type and Application, Forecast to 2030

nline Transcription Software and Service is the process of converting a recording or live audio into a text file or document in just one click. It is much more versatile and it uses speech recognition technology to produce transcripts at outstanding quality and accuracy. It can help boost productivity and otherwise help with customer engagement.

Online Transcription Software is an intelligent tool with AI speech recognition, Online Transcription means that the software has an online editor that allows you to transcribe your audio to the text in its online text editor in which you can easily edit your transcriptions. You can import audio or video files in many different formats and export your transcription, in Text, SRT, or Word formats.

It can also store all notes in one central, secure, and accessible place.

Online Transcription Service works through a mix of Artificial Intelligence and Human Intelligence. The online transcription is produced in-house automatic speech recognition (ASR) machine. Once the draft is produced, professional human transcribes fact check the technology’s work in real time to deliver fully accurate voice to text transcription.

According to our (Global Info Research) latest study, the global Online Transcription Software and Service market size was valued at US$ 4101 million in 2023 and is forecast to a readjusted size of USD 8839 million by 2030 with a CAGR of 11.7% during review period.

Global key players of online transcription software and service include Verbit, Acusis, Rev, etc. North America is the largest producer of online transcription software and service, holds a share about 70%, followed by Asia-Pacific, and Europe. In terms of product, services is the largest segment, with a share about 70%. And in terms of application, the largest segment is medical, followed by BFSI and media.

This report is a detailed and comprehensive analysis for global Online Transcription Software and Service market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Online Transcription Software and Service market size and forecasts, in consumption value ($ Million), 2019-2030

Global Online Transcription Software and Service market size and forecasts by region and country, in consumption value ($ Million), 2019-2030

Global Online Transcription Software and Service market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030

Global Online Transcription Software and Service market shares of main players, in revenue ($ Million), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Online Transcription Software and Service

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Online Transcription Software and Service market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Verbit, Acusis, Rev, TranscribeMe, Way With Words, Babbletype, Trint, Temi, eScribers, Otter.ai, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Online Transcription Software and Service market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segmentation

Online Transcription Software and Service market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Services
Software

Market segment by Application
Medical
Educate
BFSI
Law
Media
Others

Market segment by players, this report covers
Verbit
Acusis
Rev
TranscribeMe
Way With Words
Babbletype
Trint
Temi
eScribers
Otter.ai
GoTranscript
Scribie
Sonix
Casting Words
Transcription Panda
SpeakWrite
Quicktate
Crowdsurf
Transcribe by Wreally
Speechpad
Happy Scribe
Transcription Outsourcing
Maestra
Take1
dictate2us
GMR Transcription
VEED
Sembly
Descript

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Online Transcription Software and Service product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Online Transcription Software and Service, with revenue, gross margin, and global market share of Online Transcription Software and Service from 2019 to 2024.

Chapter 3, the Online Transcription Software and Service competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Online Transcription Software and Service market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Online Transcription Software and Service.

Chapter 13, to describe Online Transcription Software and Service research findings and conclusion.