Global Video Conferencing Transcribing Market Growth (Status and Outlook) 2023-2029

Global Video Conferencing Transcribing Market Growth (Status and Outlook) 2023-2029

A Conference can be defined as any exchange of knowledge, information or a discussion in a prearranged meeting with a formal agenda. The formal, professional nature of conferences makes it important to maintain an accurate record of the discussions that take place during its course. This can either be done by someone in the conference who is dedicated to registering every valuable point expressed by any of the participants or by creating an audio recording of the conference and getting it professionally transcribed. Audio recording and transcription has inherent advantage over manual registering as it reduces the chances of human errors.
Intelligent word to word (verbatim) transcription has become an integral part of conference transcription. It means eliminating miscellaneous words or interjections used in verbal language like “you know”, “like”, “err” etc without ignoring any vital piece of information expressed in the conference. Any transcriptionist doing Conference Transcription must be capable of accurately conducting this exercise. However it must be remembered that intelligent verbatim may not be essential to conference transcription, many a times customers / client want literal transcriptions of their audio files.
Conference transcription can include press conferences, research interviews, lectures, board meetings, seminars, focus groups, corporate meetings etc. The very medium of conference can also vary; no more do participants need to be face to face when it comes to conferencing. A conference can also be conducted over the Internet or Telephone. The recordings of telephonic and online conferences are normally of better audio quality, making the job of the transcriptionist easier.
Maintaining confidentiality becomes a far more important issue when it comes to Conference Transcription. Many a time important internal, sensitive issues are discussed by the participants. The transcription company as well as the transcriptionist must take due care not to allow any data leak during their handling of the transcript or the audio files.
LPI (LP Information)' newest research report, the “Video Conferencing Transcribing Industry Forecast” looks at past sales and reviews total world Video Conferencing Transcribing sales in 2022, providing a comprehensive analysis by region and market sector of projected Video Conferencing Transcribing sales for 2023 through 2029. With Video Conferencing Transcribing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Video Conferencing Transcribing industry.
This Insight Report provides a comprehensive analysis of the global Video Conferencing Transcribing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Video Conferencing Transcribing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Video Conferencing Transcribing market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Video Conferencing Transcribing 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 Video Conferencing Transcribing.
The global Video Conferencing Transcribing market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
In 2019, North America led the global Video Conferencing Transcribing market with significant share, followed by Europe and APAC.
In terms of service types, Video Conferencing Transcribing can be divided into two categories: software and service. In 2019, the service category of Video Conferencing Transcribing occupies a dominant position in the market, with a market share of about 63%.
This report presents a comprehensive overview, market shares, and growth opportunities of Video Conferencing Transcribing market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Software
Service
Segmentation by application
Entrepreneurs
Healthcare
Legal Institutions
Education
Marketing
Media
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.
Amazon Transcribe
Nuance
Google
IBM WATSON
TranscribeMe
Verbit.ai
Otter.ai
Sonix
Voicea
QNAP
Trint

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