Online 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 transcribers fact check the technology’s work in real time to deliver fully accurate voice to text transcription.
This report contains market size and forecasts of Online Transcription Software and Service in Global, including the following market information:
Global Online Transcription Software and Service Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Online Transcription Software and Service market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Software Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Online Transcription Software and Service include Otter, VEED, Descript, Temi, GoTranscript, Quicktate, Sembly, Trint and Moretti, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Online Transcription Software and Service companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Online Transcription Software and Service Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Online Transcription Software and Service Market Segment Percentages, by Type, 2021 (%)
Software
Service
Global Online Transcription Software and Service Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Online Transcription Software and Service Market Segment Percentages, by Application, 2021 (%)
Medical
Educate
BFSI
Law
Media
Others
Global Online Transcription Software and Service Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Online Transcription Software and Service Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Online Transcription Software and Service revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Online Transcription Software and Service revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Otter
VEED
Descript
Temi
GoTranscript
Quicktate
Sembly
Trint
Moretti
Audext
Transcribe
Verbit
Happy Scribe
Sonix
TranscribeMe
Rev
Casting Words
Scribie
Way With Words
Crowdsurf
Take1
SpeakWrite
GMR Transcription
Transcription Outsourcing
eScribers
Babbletype
Transcription Panda
Dictate2us
Virtual Employee
Transkriptor
Voxtab
Speechpad
Daily Transcription
Maestra
Espresso Translations
TypeOut
ScriptoSphere
Transcriberry
TranscriptionWing
Acusis
Athreon
Multilingual Connections
Opal Transcription
3PlayMedia
Transcriptionwave
SBL Corp
AccuTran
Cisco
Tigerfish
Net Transcripts