Global Video Conferencing Transcribing Market Strategic Research Report

Scope of the Report

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.

In 2019, North America led the global Video Conferencing Transcribing market with significant share, followed by Europe and APAC.

In terms of service types, Video Conferencing Transcribing can be divided into two categories: software and service. In 2019, the service category of Video Conferencing Transcribing occupies a dominant position in the market, with a market share of about 63%.

This report presents a comprehensive overview of the global Video Conferencing Transcribing market, covering market size and forecast, segmentation by product type and application, competitive landscape, leading players and regional and country-level outlook.

Segment by Type

• Software
• Service

Segment by players, this report covers

• Amazon Transcribe
• Nuance
• Google
• IBM WATSON
• TranscribeMe
• Verbit.ai
• Otter.ai
• Sonix
• Voicea
• QNAP
• Trint

Segment by Application

• Entrepreneurs
• Healthcare
• Legal Institutions
• Education
• Marketing
• Media

Who Can Use This Report?

This report is written for decision-makers who need a clear, data-backed view of the global Video Conferencing Transcribing market:

• Manufacturers, suppliers and solution providers benchmarking their position and planning product, capacity and go-to-market strategy
• Distributors, channel partners and end users in Entrepreneurs, Healthcare, Legal Institutions evaluating demand and sourcing options
• Investors, financial analysts and consultants assessing growth opportunities, competitive dynamics and M&A potential
• Government agencies, industry associations and research institutions tracking industry developments and policy impact