Global Speech-to-Text Software and Service Market Growth (Status and Outlook) 2025-2031

The global Speech-to-Text Software and Service market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

United States market for Speech-to-Text Software and Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Speech-to-Text Software and Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Speech-to-Text Software and Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Speech-to-Text Software and Service players cover Microsoft (Azure + Nuance), IBM Watson, Amazon Transcribe, Verbit, Google, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Speech-to-Text Software and Service Industry Forecast” looks at past sales and reviews total world Speech-to-Text Software and Service sales in 2024, providing a comprehensive analysis by region and market sector of projected Speech-to-Text Software and Service sales for 2025 through 2031. With Speech-to-Text Software and Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Speech-to-Text Software and Service industry.

This Insight Report provides a comprehensive analysis of the global Speech-to-Text Software and Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Speech-to-Text Software and Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Speech-to-Text Software and Service market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Speech-to-Text Software and Service and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Speech-to-Text Software and Service.

This report presents a comprehensive overview, market shares, and growth opportunities of Speech-to-Text Software and Service market by product type, application, key players and key regions and countries.

Segmentation by Type:
Software Tools
Services

Segmentation by Application:
Government
Business
Medical
Media and Entertainment
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Microsoft (Azure + Nuance)
IBM Watson
Amazon Transcribe
Verbit
Google
AI-Media
Acusis
Speechmatics
VIQ Solutions
3Play Media
Rev
Tencent
iFlytek
Baidu SwiftScribe
TranscribeMe
Way With Words
Babbletype
Trint
Temi by Rev
eScribers
Otter.ai
VEED
GoTranscript
Scribie
Sonix
Casting Words
Transcription Panda
SpeakWrite
Transcribe by Wreally
Crowdsurf

Please note: The report will take approximately 2 business days to prepare and deliver.