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Global Online Transcription Software and Service Market Research Report 2024
Synopsis
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.
The global Online Transcription Software and Service market was valued at US$ 3438.4 million in 2023 and is anticipated to reach US$ 7870.7 million by 2030, witnessing a CAGR of 12.0% during the forecast period 2024-2030.
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 aims to provide a comprehensive presentation of the global market for Online Transcription Software and Service, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Online Transcription Software and Service.
Report Scope
The Online Transcription Software and Service market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Online Transcription Software and Service market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Online Transcription Software and Service companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Services
Software
Segment by Application
Medical
Educate
BFSI
Law
Media
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Online Transcription Software and Service companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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.
The global Online Transcription Software and Service market was valued at US$ 3438.4 million in 2023 and is anticipated to reach US$ 7870.7 million by 2030, witnessing a CAGR of 12.0% during the forecast period 2024-2030.
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 aims to provide a comprehensive presentation of the global market for Online Transcription Software and Service, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Online Transcription Software and Service.
Report Scope
The Online Transcription Software and Service market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Online Transcription Software and Service market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Online Transcription Software and Service companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Services
Software
Segment by Application
Medical
Educate
BFSI
Law
Media
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Online Transcription Software and Service companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Online Transcription Software and Service Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Services
1.2.3 Software
1.3 Market by Application
1.3.1 Global Online Transcription Software and Service Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Medical
1.3.3 Educate
1.3.4 BFSI
1.3.5 Law
1.3.6 Media
1.3.7 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Online Transcription Software and Service Market Perspective (2019-2030)
2.2 Online Transcription Software and Service Growth Trends by Region
2.2.1 Global Online Transcription Software and Service Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Online Transcription Software and Service Historic Market Size by Region (2019-2024)
2.2.3 Online Transcription Software and Service Forecasted Market Size by Region (2025-2030)
2.3 Online Transcription Software and Service Market Dynamics
2.3.1 Online Transcription Software and Service Industry Trends
2.3.2 Online Transcription Software and Service Market Drivers
2.3.3 Online Transcription Software and Service Market Challenges
2.3.4 Online Transcription Software and Service Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Online Transcription Software and Service Players by Revenue
3.1.1 Global Top Online Transcription Software and Service Players by Revenue (2019-2024)
3.1.2 Global Online Transcription Software and Service Revenue Market Share by Players (2019-2024)
3.2 Global Online Transcription Software and Service Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Online Transcription Software and Service Revenue
3.4 Global Online Transcription Software and Service Market Concentration Ratio
3.4.1 Global Online Transcription Software and Service Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Online Transcription Software and Service Revenue in 2023
3.5 Online Transcription Software and Service Key Players Head office and Area Served
3.6 Key Players Online Transcription Software and Service Product Solution and Service
3.7 Date of Enter into Online Transcription Software and Service Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Online Transcription Software and Service Breakdown Data by Type
4.1 Global Online Transcription Software and Service Historic Market Size by Type (2019-2024)
4.2 Global Online Transcription Software and Service Forecasted Market Size by Type (2025-2030)
5 Online Transcription Software and Service Breakdown Data by Application
5.1 Global Online Transcription Software and Service Historic Market Size by Application (2019-2024)
5.2 Global Online Transcription Software and Service Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Online Transcription Software and Service Market Size (2019-2030)
6.2 North America Online Transcription Software and Service Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Online Transcription Software and Service Market Size by Country (2019-2024)
6.4 North America Online Transcription Software and Service Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Online Transcription Software and Service Market Size (2019-2030)
7.2 Europe Online Transcription Software and Service Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Online Transcription Software and Service Market Size by Country (2019-2024)
7.4 Europe Online Transcription Software and Service Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Online Transcription Software and Service Market Size (2019-2030)
8.2 Asia-Pacific Online Transcription Software and Service Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Online Transcription Software and Service Market Size by Region (2019-2024)
8.4 Asia-Pacific Online Transcription Software and Service Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Online Transcription Software and Service Market Size (2019-2030)
9.2 Latin America Online Transcription Software and Service Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Online Transcription Software and Service Market Size by Country (2019-2024)
9.4 Latin America Online Transcription Software and Service Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Online Transcription Software and Service Market Size (2019-2030)
10.2 Middle East & Africa Online Transcription Software and Service Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Online Transcription Software and Service Market Size by Country (2019-2024)
10.4 Middle East & Africa Online Transcription Software and Service Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Verbit
11.1.1 Verbit Company Detail
11.1.2 Verbit Business Overview
11.1.3 Verbit Online Transcription Software and Service Introduction
11.1.4 Verbit Revenue in Online Transcription Software and Service Business (2019-2024)
11.1.5 Verbit Recent Development
11.2 Acusis
11.2.1 Acusis Company Detail
11.2.2 Acusis Business Overview
11.2.3 Acusis Online Transcription Software and Service Introduction
11.2.4 Acusis Revenue in Online Transcription Software and Service Business (2019-2024)
11.2.5 Acusis Recent Development
11.3 Rev
11.3.1 Rev Company Detail
11.3.2 Rev Business Overview
11.3.3 Rev Online Transcription Software and Service Introduction
11.3.4 Rev Revenue in Online Transcription Software and Service Business (2019-2024)
11.3.5 Rev Recent Development
11.4 TranscribeMe
11.4.1 TranscribeMe Company Detail
11.4.2 TranscribeMe Business Overview
11.4.3 TranscribeMe Online Transcription Software and Service Introduction
11.4.4 TranscribeMe Revenue in Online Transcription Software and Service Business (2019-2024)
11.4.5 TranscribeMe Recent Development
11.5 Way With Words
11.5.1 Way With Words Company Detail
11.5.2 Way With Words Business Overview
11.5.3 Way With Words Online Transcription Software and Service Introduction
11.5.4 Way With Words Revenue in Online Transcription Software and Service Business (2019-2024)
11.5.5 Way With Words Recent Development
11.6 Babbletype
11.6.1 Babbletype Company Detail
11.6.2 Babbletype Business Overview
11.6.3 Babbletype Online Transcription Software and Service Introduction
11.6.4 Babbletype Revenue in Online Transcription Software and Service Business (2019-2024)
11.6.5 Babbletype Recent Development
11.7 Trint
11.7.1 Trint Company Detail
11.7.2 Trint Business Overview
11.7.3 Trint Online Transcription Software and Service Introduction
11.7.4 Trint Revenue in Online Transcription Software and Service Business (2019-2024)
11.7.5 Trint Recent Development
11.8 Temi
11.8.1 Temi Company Detail
11.8.2 Temi Business Overview
11.8.3 Temi Online Transcription Software and Service Introduction
11.8.4 Temi Revenue in Online Transcription Software and Service Business (2019-2024)
11.8.5 Temi Recent Development
11.9 eScribers
11.9.1 eScribers Company Detail
11.9.2 eScribers Business Overview
11.9.3 eScribers Online Transcription Software and Service Introduction
11.9.4 eScribers Revenue in Online Transcription Software and Service Business (2019-2024)
11.9.5 eScribers Recent Development
11.10 Otter.ai
11.10.1 Otter.ai Company Detail
11.10.2 Otter.ai Business Overview
11.10.3 Otter.ai Online Transcription Software and Service Introduction
11.10.4 Otter.ai Revenue in Online Transcription Software and Service Business (2019-2024)
11.10.5 Otter.ai Recent Development
11.11 GoTranscript
11.11.1 GoTranscript Company Detail
11.11.2 GoTranscript Business Overview
11.11.3 GoTranscript Online Transcription Software and Service Introduction
11.11.4 GoTranscript Revenue in Online Transcription Software and Service Business (2019-2024)
11.11.5 GoTranscript Recent Development
11.12 Scribie
11.12.1 Scribie Company Detail
11.12.2 Scribie Business Overview
11.12.3 Scribie Online Transcription Software and Service Introduction
11.12.4 Scribie Revenue in Online Transcription Software and Service Business (2019-2024)
11.12.5 Scribie Recent Development
11.13 Sonix
11.13.1 Sonix Company Detail
11.13.2 Sonix Business Overview
11.13.3 Sonix Online Transcription Software and Service Introduction
11.13.4 Sonix Revenue in Online Transcription Software and Service Business (2019-2024)
11.13.5 Sonix Recent Development
11.14 Casting Words
11.14.1 Casting Words Company Detail
11.14.2 Casting Words Business Overview
11.14.3 Casting Words Online Transcription Software and Service Introduction
11.14.4 Casting Words Revenue in Online Transcription Software and Service Business (2019-2024)
11.14.5 Casting Words Recent Development
11.15 Transcription Panda
11.15.1 Transcription Panda Company Detail
11.15.2 Transcription Panda Business Overview
11.15.3 Transcription Panda Online Transcription Software and Service Introduction
11.15.4 Transcription Panda Revenue in Online Transcription Software and Service Business (2019-2024)
11.15.5 Transcription Panda Recent Development
11.16 SpeakWrite
11.16.1 SpeakWrite Company Detail
11.16.2 SpeakWrite Business Overview
11.16.3 SpeakWrite Online Transcription Software and Service Introduction
11.16.4 SpeakWrite Revenue in Online Transcription Software and Service Business (2019-2024)
11.16.5 SpeakWrite Recent Development
11.17 Quicktate
11.17.1 Quicktate Company Detail
11.17.2 Quicktate Business Overview
11.17.3 Quicktate Online Transcription Software and Service Introduction
11.17.4 Quicktate Revenue in Online Transcription Software and Service Business (2019-2024)
11.17.5 Quicktate Recent Development
11.18 Crowdsurf
11.18.1 Crowdsurf Company Detail
11.18.2 Crowdsurf Business Overview
11.18.3 Crowdsurf Online Transcription Software and Service Introduction
11.18.4 Crowdsurf Revenue in Online Transcription Software and Service Business (2019-2024)
11.18.5 Crowdsurf Recent Development
11.19 Transcribe by Wreally
11.19.1 Transcribe by Wreally Company Detail
11.19.2 Transcribe by Wreally Business Overview
11.19.3 Transcribe by Wreally Online Transcription Software and Service Introduction
11.19.4 Transcribe by Wreally Revenue in Online Transcription Software and Service Business (2019-2024)
11.19.5 Transcribe by Wreally Recent Development
11.20 Speechpad
11.20.1 Speechpad Company Detail
11.20.2 Speechpad Business Overview
11.20.3 Speechpad Online Transcription Software and Service Introduction
11.20.4 Speechpad Revenue in Online Transcription Software and Service Business (2019-2024)
11.20.5 Speechpad Recent Development
11.21 Happy Scribe
11.21.1 Happy Scribe Company Detail
11.21.2 Happy Scribe Business Overview
11.21.3 Happy Scribe Online Transcription Software and Service Introduction
11.21.4 Happy Scribe Revenue in Online Transcription Software and Service Business (2019-2024)
11.21.5 Happy Scribe Recent Development
11.22 Transcription Outsourcing
11.22.1 Transcription Outsourcing Company Detail
11.22.2 Transcription Outsourcing Business Overview
11.22.3 Transcription Outsourcing Online Transcription Software and Service Introduction
11.22.4 Transcription Outsourcing Revenue in Online Transcription Software and Service Business (2019-2024)
11.22.5 Transcription Outsourcing Recent Development
11.23 Maestra
11.23.1 Maestra Company Detail
11.23.2 Maestra Business Overview
11.23.3 Maestra Online Transcription Software and Service Introduction
11.23.4 Maestra Revenue in Online Transcription Software and Service Business (2019-2024)
11.23.5 Maestra Recent Development
11.24 Take1
11.24.1 Take1 Company Detail
11.24.2 Take1 Business Overview
11.24.3 Take1 Online Transcription Software and Service Introduction
11.24.4 Take1 Revenue in Online Transcription Software and Service Business (2019-2024)
11.24.5 Take1 Recent Development
11.25 dictate2us
11.25.1 dictate2us Company Detail
11.25.2 dictate2us Business Overview
11.25.3 dictate2us Online Transcription Software and Service Introduction
11.25.4 dictate2us Revenue in Online Transcription Software and Service Business (2019-2024)
11.25.5 dictate2us Recent Development
11.26 GMR Transcription
11.26.1 GMR Transcription Company Detail
11.26.2 GMR Transcription Business Overview
11.26.3 GMR Transcription Online Transcription Software and Service Introduction
11.26.4 GMR Transcription Revenue in Online Transcription Software and Service Business (2019-2024)
11.26.5 GMR Transcription Recent Development
11.27 VEED
11.27.1 VEED Company Detail
11.27.2 VEED Business Overview
11.27.3 VEED Online Transcription Software and Service Introduction
11.27.4 VEED Revenue in Online Transcription Software and Service Business (2019-2024)
11.27.5 VEED Recent Development
11.28 Sembly
11.28.1 Sembly Company Detail
11.28.2 Sembly Business Overview
11.28.3 Sembly Online Transcription Software and Service Introduction
11.28.4 Sembly Revenue in Online Transcription Software and Service Business (2019-2024)
11.28.5 Sembly Recent Development
11.29 Descript
11.29.1 Descript Company Detail
11.29.2 Descript Business Overview
11.29.3 Descript Online Transcription Software and Service Introduction
11.29.4 Descript Revenue in Online Transcription Software and Service Business (2019-2024)
11.29.5 Descript Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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