Video Conferencing Transcribing Market

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.

Video Conferencing Transcribing Market contains market size and forecasts of Video Conferencing Transcribing in Global, including the following market information:

Global Video Conferencing Transcribing Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Video Conferencing Transcribing 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.

Software Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Video Conferencing Transcribing include Amazon Transcribe, Nuance, Google, IBM WATSON, TranscribeMe, Verbit.ai, Otter.ai, Sonix and Voicea, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Video Conferencing Transcribing 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 Video Conferencing Transcribing Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Video Conferencing Transcribing Market Segment Percentages, by Type, 2021 (%)

Software

Service

Global Video Conferencing Transcribing Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Video Conferencing Transcribing Market Segment Percentages, by Application, 2021 (%)

Entrepreneurs

Healthcare

Legal Institutions

Education

Marketing

Media

Global Video Conferencing Transcribing Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Video Conferencing Transcribing 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 Video Conferencing Transcribing revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Video Conferencing Transcribing revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Amazon Transcribe

Nuance

Google

IBM WATSON

TranscribeMe

Verbit.ai

Otter.ai

Sonix

Voicea

QNAP

Trint