Transcription Service Market

Transcription service providers produce typed transcriptions from audio recordings of meetings, interviews, hearings, and most other occasions. Generally, providers bill per-audio-minute and can often complete work in 24 hours or less. Transcription service providers typically guarantee a level of confidentiality, and in some cases offer HIPAA-compliant solutions.
Transcription Service Market contains market size and forecasts of Transcription Service in Global, including the following market information:
Global Transcription Service Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Transcription 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.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Outsourcing Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Transcription Service include Rev.com, 3Play Media, Type Studio, Speechpad, TranscribeMe, Design Bun Limited, One Hour Translation, SpeechGear and Translated, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Transcription 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 Transcription Service Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Transcription Service Market Segment Percentages, by Type, 2021 (%)
Outsourcing
Offshoring
Global Transcription Service Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Transcription Service Market Segment Percentages, by Application, 2021 (%)
BFSI
IT & Telecommunication
Media & Entertainment
Retail & Consumer Goods
Others
Global Transcription Service Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Transcription 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 Transcription Service revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Transcription Service revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Rev.com
3Play Media
Type Studio
Speechpad
TranscribeMe
Design Bun Limited
One Hour Translation
SpeechGear
Translated
Altos
Alugha
TechSmith Corporation
Ava Accessibility
Automatic Sync Technologies
CastingWords
Click For Translation
Daily Transcription.com
Datainox
Day Translations
Dynamic Language
GMR Transcription Services
Enright Sten-Tel Transcription Services
eWandzDigital Services
ewordsolutions.com
Fenton Transcription
Foreign Translations
Welocalize Life Sciences
Global Lingo
Globalme
Global Transcripts