AI-Based Transcription and Captioning Services utilize artificial intelligence (AI) technologies, such as automatic speech recognition (ASR) and natural language processing (NLP), to transcribe audio and video content into text and generate captions or subtitles automatically. These services leverage machine learning algorithms to analyze spoken language, identify speech patterns, and convert audio signals into written text with high accuracy.
These services are widely used across industries for a variety of applications, including media production, education, business communication, accessibility compliance, legal documentation, and healthcare documentation. By automating the transcription and captioning process, AI-based services help organizations improve productivity, accessibility, and efficiency while reducing costs and manual effort associated with traditional transcription methods.
The global AI-Based Transcription and Captioning Services market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
The 鈥淎I-Based Transcription and Captioning Services Industry Forecast鈥� looks at past sales and reviews total world AI-Based Transcription and Captioning Services sales in 2022, providing a comprehensive analysis by region and market sector of projected AI-Based Transcription and Captioning Services sales for 2023 through 2029. With AI-Based Transcription and Captioning Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world AI-Based Transcription and Captioning Services industry.
This Insight Report provides a comprehensive analysis of the global AI-Based Transcription and Captioning Services 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 AI-Based Transcription and Captioning Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global AI-Based Transcription and Captioning Services market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for AI-Based Transcription and Captioning Services 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 AI-Based Transcription and Captioning Services.
United States market for AI-Based Transcription and Captioning Services is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for AI-Based Transcription and Captioning Services is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for AI-Based Transcription and Captioning Services is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key AI-Based Transcription and Captioning Services players cover IBM, Verbit, OpenAI Whisper, AI-Media, Rev, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of AI-Based Transcription and Captioning Services market by product type, application, key players and key regions and countries.
Segmentation by Type:
Cloud-Based
On-Premises
Segmentation by Application:
Media and Entertainment
Online Education and Training
Meetings and Conferences
Others
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
Segmentation by Type:
Cloud-Based
On-Premises
Segmentation by Application:
Media and Entertainment
Online Education and Training
Meetings and Conferences
Others
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.
IBM
Verbit
OpenAI Whisper
AI-Media
Rev
Speechmatics
Apptek
NHK
ENCO Systems
Digital Nirvana
Sonix
Telestream
VoiceBox
Trint
Happy Scribe
Descript
Limecraft
Acadecraft
TranscribeFiles
Maestra AI
Ava Live Captions
Auris AI
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global AI-Based Transcription and Captioning Services Market Size 2019-2030
2.1.2 AI-Based Transcription and Captioning Services Market Size CAGR by Region (2019 VS 2023 VS 2030)
2.1.3 World Current & Future Analysis for AI-Based Transcription and Captioning Services by Country/Region, 2019, 2023 & 2030
2.2 AI-Based Transcription and Captioning Services Segment by Type
2.2.1 Cloud-Based
2.2.2 On-Premises
2.3 AI-Based Transcription and Captioning Services Market Size by Type
2.3.1 AI-Based Transcription and Captioning Services Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global AI-Based Transcription and Captioning Services Market Size Market Share by Type (2019-2024)
2.4 AI-Based Transcription and Captioning Services Segment by Application
2.4.1 Media and Entertainment
2.4.2 Online Education and Training
2.4.3 Meetings and Conferences
2.4.4 Others
2.5 AI-Based Transcription and Captioning Services Market Size by Application
2.5.1 AI-Based Transcription and Captioning Services Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global AI-Based Transcription and Captioning Services Market Size Market Share by Application (2019-2024)
3 AI-Based Transcription and Captioning Services Market Size by Player
3.1 AI-Based Transcription and Captioning Services Market Size Market Share by Player
3.1.1 Global AI-Based Transcription and Captioning Services Revenue by Player (2019-2024)
3.1.2 Global AI-Based Transcription and Captioning Services Revenue Market Share by Player (2019-2024)
3.2 Global AI-Based Transcription and Captioning Services Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 AI-Based Transcription and Captioning Services by Region
4.1 AI-Based Transcription and Captioning Services Market Size by Region (2019-2024)
4.2 Global AI-Based Transcription and Captioning Services Annual Revenue by Country/Region (2019-2024)
4.3 Americas AI-Based Transcription and Captioning Services Market Size Growth (2019-2024)
4.4 APAC AI-Based Transcription and Captioning Services Market Size Growth (2019-2024)
4.5 Europe AI-Based Transcription and Captioning Services Market Size Growth (2019-2024)
4.6 Middle East & Africa AI-Based Transcription and Captioning Services Market Size Growth (2019-2024)
5 Americas
5.1 Americas AI-Based Transcription and Captioning Services Market Size by Country (2019-2024)
5.2 Americas AI-Based Transcription and Captioning Services Market Size by Type (2019-2024)
5.3 Americas AI-Based Transcription and Captioning Services Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC AI-Based Transcription and Captioning Services Market Size by Region (2019-2024)
6.2 APAC AI-Based Transcription and Captioning Services Market Size by Type (2019-2024)
6.3 APAC AI-Based Transcription and Captioning Services Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe AI-Based Transcription and Captioning Services Market Size by Country (2019-2024)
7.2 Europe AI-Based Transcription and Captioning Services Market Size by Type (2019-2024)
7.3 Europe AI-Based Transcription and Captioning Services Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa AI-Based Transcription and Captioning Services by Region (2019-2024)
8.2 Middle East & Africa AI-Based Transcription and Captioning Services Market Size by Type (2019-2024)
8.3 Middle East & Africa AI-Based Transcription and Captioning Services Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global AI-Based Transcription and Captioning Services Market Forecast
10.1 Global AI-Based Transcription and Captioning Services Forecast by Region (2025-2030)
10.1.1 Global AI-Based Transcription and Captioning Services Forecast by Region (2025-2030)
10.1.2 Americas AI-Based Transcription and Captioning Services Forecast
10.1.3 APAC AI-Based Transcription and Captioning Services Forecast
10.1.4 Europe AI-Based Transcription and Captioning Services Forecast
10.1.5 Middle East & Africa AI-Based Transcription and Captioning Services Forecast
10.2 Americas AI-Based Transcription and Captioning Services Forecast by Country (2025-2030)
10.2.1 United States Market AI-Based Transcription and Captioning Services Forecast
10.2.2 Canada Market AI-Based Transcription and Captioning Services Forecast
10.2.3 Mexico Market AI-Based Transcription and Captioning Services Forecast
10.2.4 Brazil Market AI-Based Transcription and Captioning Services Forecast
10.3 APAC AI-Based Transcription and Captioning Services Forecast by Region (2025-2030)
10.3.1 China AI-Based Transcription and Captioning Services Market Forecast
10.3.2 Japan Market AI-Based Transcription and Captioning Services Forecast
10.3.3 Korea Market AI-Based Transcription and Captioning Services Forecast
10.3.4 Southeast Asia Market AI-Based Transcription and Captioning Services Forecast
10.3.5 India Market AI-Based Transcription and Captioning Services Forecast
10.3.6 Australia Market AI-Based Transcription and Captioning Services Forecast
10.4 Europe AI-Based Transcription and Captioning Services Forecast by Country (2025-2030)
10.4.1 Germany Market AI-Based Transcription and Captioning Services Forecast
10.4.2 France Market AI-Based Transcription and Captioning Services Forecast
10.4.3 UK Market AI-Based Transcription and Captioning Services Forecast
10.4.4 Italy Market AI-Based Transcription and Captioning Services Forecast
10.4.5 Russia Market AI-Based Transcription and Captioning Services Forecast
10.5 Middle East & Africa AI-Based Transcription and Captioning Services Forecast by Region (2025-2030)
10.5.1 Egypt Market AI-Based Transcription and Captioning Services Forecast
10.5.2 South Africa Market AI-Based Transcription and Captioning Services Forecast
10.5.3 Israel Market AI-Based Transcription and Captioning Services Forecast
10.5.4 Turkey Market AI-Based Transcription and Captioning Services Forecast
10.6 Global AI-Based Transcription and Captioning Services Forecast by Type (2025-2030)
10.7 Global AI-Based Transcription and Captioning Services Forecast by Application (2025-2030)
10.7.1 GCC Countries Market AI-Based Transcription and Captioning Services Forecast
11 Key Players Analysis
11.1 IBM
11.1.1 IBM Company Information
11.1.2 IBM AI-Based Transcription and Captioning Services Product Offered
11.1.3 IBM AI-Based Transcription and Captioning Services Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 IBM Main Business Overview
11.1.5 IBM Latest Developments
11.2 Verbit
11.2.1 Verbit Company Information
11.2.2 Verbit AI-Based Transcription and Captioning Services Product Offered
11.2.3 Verbit AI-Based Transcription and Captioning Services Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Verbit Main Business Overview
11.2.5 Verbit Latest Developments
11.3 OpenAI Whisper
11.3.1 OpenAI Whisper Company Information
11.3.2 OpenAI Whisper AI-Based Transcription and Captioning Services Product Offered
11.3.3 OpenAI Whisper AI-Based Transcription and Captioning Services Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 OpenAI Whisper Main Business Overview
11.3.5 OpenAI Whisper Latest Developments
11.4 AI-Media
11.4.1 AI-Media Company Information
11.4.2 AI-Media AI-Based Transcription and Captioning Services Product Offered
11.4.3 AI-Media AI-Based Transcription and Captioning Services Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 AI-Media Main Business Overview
11.4.5 AI-Media Latest Developments
11.5 Rev
11.5.1 Rev Company Information
11.5.2 Rev AI-Based Transcription and Captioning Services Product Offered
11.5.3 Rev AI-Based Transcription and Captioning Services Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Rev Main Business Overview
11.5.5 Rev Latest Developments
11.6 Speechmatics
11.6.1 Speechmatics Company Information
11.6.2 Speechmatics AI-Based Transcription and Captioning Services Product Offered
11.6.3 Speechmatics AI-Based Transcription and Captioning Services Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Speechmatics Main Business Overview
11.6.5 Speechmatics Latest Developments
11.7 Apptek
11.7.1 Apptek Company Information
11.7.2 Apptek AI-Based Transcription and Captioning Services Product Offered
11.7.3 Apptek AI-Based Transcription and Captioning Services Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Apptek Main Business Overview
11.7.5 Apptek Latest Developments
11.8 NHK
11.8.1 NHK Company Information
11.8.2 NHK AI-Based Transcription and Captioning Services Product Offered
11.8.3 NHK AI-Based Transcription and Captioning Services Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 NHK Main Business Overview
11.8.5 NHK Latest Developments
11.9 ENCO Systems
11.9.1 ENCO Systems Company Information
11.9.2 ENCO Systems AI-Based Transcription and Captioning Services Product Offered
11.9.3 ENCO Systems AI-Based Transcription and Captioning Services Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 ENCO Systems Main Business Overview
11.9.5 ENCO Systems Latest Developments
11.10 Digital Nirvana
11.10.1 Digital Nirvana Company Information
11.10.2 Digital Nirvana AI-Based Transcription and Captioning Services Product Offered
11.10.3 Digital Nirvana AI-Based Transcription and Captioning Services Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Digital Nirvana Main Business Overview
11.10.5 Digital Nirvana Latest Developments
11.11 Sonix
11.11.1 Sonix Company Information
11.11.2 Sonix AI-Based Transcription and Captioning Services Product Offered
11.11.3 Sonix AI-Based Transcription and Captioning Services Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Sonix Main Business Overview
11.11.5 Sonix Latest Developments
11.12 Telestream
11.12.1 Telestream Company Information
11.12.2 Telestream AI-Based Transcription and Captioning Services Product Offered
11.12.3 Telestream AI-Based Transcription and Captioning Services Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 Telestream Main Business Overview
11.12.5 Telestream Latest Developments
11.13 VoiceBox
11.13.1 VoiceBox Company Information
11.13.2 VoiceBox AI-Based Transcription and Captioning Services Product Offered
11.13.3 VoiceBox AI-Based Transcription and Captioning Services Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 VoiceBox Main Business Overview
11.13.5 VoiceBox Latest Developments
11.14 Trint
11.14.1 Trint Company Information
11.14.2 Trint AI-Based Transcription and Captioning Services Product Offered
11.14.3 Trint AI-Based Transcription and Captioning Services Revenue, Gross Margin and Market Share (2019-2024)
11.14.4 Trint Main Business Overview
11.14.5 Trint Latest Developments
11.15 Happy Scribe
11.15.1 Happy Scribe Company Information
11.15.2 Happy Scribe AI-Based Transcription and Captioning Services Product Offered
11.15.3 Happy Scribe AI-Based Transcription and Captioning Services Revenue, Gross Margin and Market Share (2019-2024)
11.15.4 Happy Scribe Main Business Overview
11.15.5 Happy Scribe Latest Developments
11.16 Descript
11.16.1 Descript Company Information
11.16.2 Descript AI-Based Transcription and Captioning Services Product Offered
11.16.3 Descript AI-Based Transcription and Captioning Services Revenue, Gross Margin and Market Share (2019-2024)
11.16.4 Descript Main Business Overview
11.16.5 Descript Latest Developments
11.17 Limecraft
11.17.1 Limecraft Company Information
11.17.2 Limecraft AI-Based Transcription and Captioning Services Product Offered
11.17.3 Limecraft AI-Based Transcription and Captioning Services Revenue, Gross Margin and Market Share (2019-2024)
11.17.4 Limecraft Main Business Overview
11.17.5 Limecraft Latest Developments
11.18 Acadecraft
11.18.1 Acadecraft Company Information
11.18.2 Acadecraft AI-Based Transcription and Captioning Services Product Offered
11.18.3 Acadecraft AI-Based Transcription and Captioning Services Revenue, Gross Margin and Market Share (2019-2024)
11.18.4 Acadecraft Main Business Overview
11.18.5 Acadecraft Latest Developments
11.19 TranscribeFiles
11.19.1 TranscribeFiles Company Information
11.19.2 TranscribeFiles AI-Based Transcription and Captioning Services Product Offered
11.19.3 TranscribeFiles AI-Based Transcription and Captioning Services Revenue, Gross Margin and Market Share (2019-2024)
11.19.4 TranscribeFiles Main Business Overview
11.19.5 TranscribeFiles Latest Developments
11.20 Maestra AI
11.20.1 Maestra AI Company Information
11.20.2 Maestra AI AI-Based Transcription and Captioning Services Product Offered
11.20.3 Maestra AI AI-Based Transcription and Captioning Services Revenue, Gross Margin and Market Share (2019-2024)
11.20.4 Maestra AI Main Business Overview
11.20.5 Maestra AI Latest Developments
11.21 Ava Live Captions
11.21.1 Ava Live Captions Company Information
11.21.2 Ava Live Captions AI-Based Transcription and Captioning Services Product Offered
11.21.3 Ava Live Captions AI-Based Transcription and Captioning Services Revenue, Gross Margin and Market Share (2019-2024)
11.21.4 Ava Live Captions Main Business Overview
11.21.5 Ava Live Captions Latest Developments
11.22 Auris AI
11.22.1 Auris AI Company Information
11.22.2 Auris AI AI-Based Transcription and Captioning Services Product Offered
11.22.3 Auris AI AI-Based Transcription and Captioning Services Revenue, Gross Margin and Market Share (2019-2024)
11.22.4 Auris AI Main Business Overview
11.22.5 Auris AI Latest Developments
12 Research Findings and Conclusion
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*If Applicable.