Report Summary Catalogue Methodological

Definition and Scope:
The AI transcription software and service market refers to the industry that provides automated transcription solutions using artificial intelligence technology. This software and service utilize machine learning algorithms to convert audio and video files into text format efficiently and accurately. AI transcription software and services are designed to streamline the transcription process, saving time and resources for businesses and individuals who require transcription services. These solutions offer advanced features such as language recognition, speaker identification, and the ability to transcribe multiple languages, catering to a wide range of industries and users.
The market for AI transcription software and services is experiencing significant growth driven by several key factors. One of the primary market drivers is the increasing demand for efficient and accurate transcription solutions across various sectors such as healthcare, legal, media, and education. The automation capabilities of AI transcription software help organizations improve productivity and workflow efficiency. Additionally, the rising adoption of remote work and virtual meetings has further fueled the demand for transcription services to create accurate records of discussions and meetings. Moreover, advancements in artificial intelligence and natural language processing technologies have enhanced the accuracy and speed of transcription services, making them more reliable and cost-effective for users.
Furthermore, the market trend for AI transcription software and services is characterized by the integration of additional features such as real-time transcription, translation capabilities, and customizable workflows to meet the evolving needs of users. Vendors in this market are focusing on developing user-friendly interfaces and enhancing the security and confidentiality of transcribed data to address concerns around data privacy. The increasing popularity of AI-powered transcription solutions is also driving competition among market players, leading to continuous innovation and the introduction of new functionalities to stay ahead in the competitive landscape. In addition, the growing awareness of the benefits of AI transcription software in terms of time savings, accuracy, and scalability is expected to further propel market growth in the coming years.
The global AI Transcription Software and Service market size was estimated at USD 1995.84 million in 2024, exhibiting a CAGR of 12.00% during the forecast period.
This report offers a comprehensive analysis of the global AI Transcription Software and Service market, examining all key dimensions. It provides both a macro-level overview and micro-level market details, including market size, trends, competitive landscape, niche segments, growth drivers, and key challenges.
Report Framework and Key Highlights: Market Dynamics: Identification of major market drivers, restraints, opportunities, and challenges.
Trend Analysis: Examination of ongoing and emerging trends impacting the market.
Competitive Landscape: Detailed profiles and market positioning of major players, including market share, operational status, product offerings, and strategic developments.
Strategic Analysis Tools: SWOT Analysis, Porter’s Five Forces Analysis, PEST Analysis, Value Chain Analysis
Market Segmentation: By type, application, region, and end-user industry.
Forecasting and Growth Projections: In-depth revenue forecasts and CAGR analysis through 2033.
This report equips readers with critical insights to navigate competitive dynamics and develop effective strategies. Whether assessing a new market entry or refining existing strategies, the report serves as a valuable tool for:
Industry players
Investors
Researchers
Consultants
Business strategists
And all stakeholders with an interest or investment in the AI Transcription Software and Service market.
Global AI Transcription Software and Service Market: Segmentation Analysis and Strategic Insights
This section of the report provides an in-depth segmentation analysis of the global AI Transcription Software and Service market. The market is segmented based on region (country), manufacturer, product type, and application. Segmentation enables a more precise understanding of market dynamics and facilitates targeted strategies across product development, marketing, and sales.
By breaking the market into meaningful subsets, stakeholders can better tailor their offerings to the specific needs of each segment—enhancing competitiveness and improving return on investment.
Global AI Transcription Software and Service Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Companies Profiled
Speak Ai
Otter.ai
NEWTON Technologies
Fireflies.ai
Nova AI
Sonix
Rev
CGBiz
Verbit
SpeechText.AI
Audext
Trint
TranscribeMe
MeetGeek
Temi
AWS
Simon Says
ScriptMe AB
Happy Scribe
Airgram
Notta
Market Segmentation by Type
Service
Software
Market Segmentation by Application
Medical
Education
BFSI
Legal
Media
Others
Geographic Segmentation North America: United States, Canada, Mexico
Europe: Germany, France, Italy, U.K., Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium, Russia.
Asia-Pacific: China, Japan, South Korea, India, Australia, Indonesia, Malaysia, Philippines, Singapore, Thailand
South America: Brazil, Argentina, Colombia.
Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates, Egypt, Nigeria, South Africa, Rest of MEA
Report Framework and Chapter Summary Chapter 1: Report Scope and Market Definition
This chapter outlines the statistical boundaries and scope of the report. It defines the segmentation standards used throughout the study, including criteria for dividing the market by region, product type, application, and other relevant dimensions. It establishes the foundational definitions and classifications that guide the rest of the analysis.
Chapter 2: Executive Summary
This chapter presents a concise summary of the market’s current status and future outlook across different segments—by geography, product type, and application. It includes key metrics such as market size, growth trends, and development potential for each segment. The chapter offers a high-level overview of the AI Transcription Software and Service Market, highlighting its evolution over the short, medium, and long term.
Chapter 3: Market Dynamics and Policy Environment
This chapter explores the latest developments in the market, identifying key growth drivers, restraints, challenges, and risks faced by industry participants. It also includes an analysis of the policy and regulatory landscape affecting the market, providing insight into how external factors may shape future performance.
Chapter 4: Competitive Landscape
This chapter provides a detailed assessment of the market's competitive environment. It covers market share, production capacity, output, pricing trends, and strategic developments such as mergers, acquisitions, and expansion plans of leading players. This analysis offers a comprehensive view of the positioning and performance of top competitors.
Chapters 5–10: Regional Market Analysis
These chapters offer in-depth, quantitative evaluations of market size and growth potential across major regions and countries. Each chapter assesses regional consumption patterns, market dynamics, development prospects, and available capacity. The analysis helps readers understand geographical differences and opportunities in global markets.
Chapter 11: Market Segmentation by Product Type
This chapter examines the market based on product type, analyzing the size, growth trends, and potential of each segment. It helps stakeholders identify underexplored or high-potential product categories—often referred to as “blue ocean” opportunities.
Chapter 12: Market Segmentation by Application
This chapter analyzes the market based on application fields, providing insights into the scale and future development of each application segment. It supports readers in identifying high-growth areas across downstream markets.
Chapter 13: Company Profiles
This chapter presents comprehensive profiles of leading companies operating in the market. For each company, it details sales revenue, volume, pricing, gross profit margin, market share, product offerings, and recent strategic developments. This section offers valuable insight into corporate performance and strategy.
Chapter 14: Industry Chain and Value Chain Analysis
This chapter explores the full industry chain, from upstream raw material suppliers to downstream application sectors. It includes a value chain analysis that highlights the interconnections and dependencies across various parts of the ecosystem.
Chapter 15: Key Findings and Conclusions
The final chapter summarizes the main takeaways from the report, presenting the core conclusions, strategic recommendations, and implications for stakeholders. It encapsulates the insights drawn from all previous chapters.

Table of Contents
1 Introduction
1.1 AI Transcription Software and Service Market Definition
1.2 AI Transcription Software and Service Market Segments
1.2.1 Segment by Type
1.2.2 Segment by Application
2 Executive Summary
2.1 Global AI Transcription Software and Service Market Size
2.2 Market Segmentation – by Type
2.3 Market Segmentation – by Application
2.4 Market Segmentation – by Geography
3 Key Market Trends, Opportunity, Drivers and Restraints
3.1 Key Takeway
3.2 Market Opportunities & Trends
3.3 Market Drivers
3.4 Market Restraints
3.5 Market Major Factor Assessment
4 Global AI Transcription Software and Service Market Competitive Landscape
4.1 Global AI Transcription Software and Service Market Share by Company (2020-2025)
4.2 AI Transcription Software and Service Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.3 New Entrant and Capacity Expansion Plans
4.4 Mergers & Acquisitions
5 Global AI Transcription Software and Service Market by Region
5.1 Global AI Transcription Software and Service Market Size by Region
5.2 Global AI Transcription Software and Service Market Size Market Share by Region
6 North America Market Overview
6.1 North America AI Transcription Software and Service Market Size by Country
6.1.1 USA Market Overview
6.1.2 Canada Market Overview
6.1.3 Mexico Market Overview
6.2 North America AI Transcription Software and Service Market Size by Type
6.3 North America AI Transcription Software and Service Market Size by Application
6.4 Top Players in North America AI Transcription Software and Service Market
7 Europe Market Overview
7.1 Europe AI Transcription Software and Service Market Size by Country
7.1.1 Germany Market Overview
7.1.2 France Market Overview
7.1.3 U.K. Market Overview
7.1.4 Italy Market Overview
7.1.5 Spain Market Overview
7.1.6 Sweden Market Overview
7.1.7 Denmark Market Overview
7.1.8 Netherlands Market Overview
7.1.9 Switzerland Market Overview
7.1.10 Belgium Market Overview
7.1.11 Russia Market Overview
7.2 Europe AI Transcription Software and Service Market Size by Type
7.3 Europe AI Transcription Software and Service Market Size by Application
7.4 Top Players in Europe AI Transcription Software and Service Market
8 Asia-Pacific Market Overview
8.1 Asia-Pacific AI Transcription Software and Service Market Size by Country
8.1.1 China Market Overview
8.1.2 Japan Market Overview
8.1.3 South Korea Market Overview
8.1.4 India Market Overview
8.1.5 Australia Market Overview
8.1.6 Indonesia Market Overview
8.1.7 Malaysia Market Overview
8.1.8 Philippines Market Overview
8.1.9 Singapore Market Overview
8.1.10 Thailand Market Overview
8.2 Asia-Pacific AI Transcription Software and Service Market Size by Type
8.3 Asia-Pacific AI Transcription Software and Service Market Size by Application
8.4 Top Players in Asia-Pacific AI Transcription Software and Service Market
9 South America Market Overview
9.1 South America AI Transcription Software and Service Market Size by Country
9.1.1 Brazil Market Overview
9.1.2 Argentina Market Overview
9.1.3 Columbia Market Overview
9.2 South America AI Transcription Software and Service Market Size by Type
9.3 South America AI Transcription Software and Service Market Size by Application
9.4 Top Players in South America AI Transcription Software and Service Market
10 Middle East and Africa Market Overview
10.1 Middle East and Africa AI Transcription Software and Service Market Size by Country
10.1.1 Saudi Arabia Market Overview
10.1.2 UAE Market Overview
10.1.3 Egypt Market Overview
10.1.4 Nigeria Market Overview
10.1.5 South Africa Market Overview
10.2 Middle East and Africa AI Transcription Software and Service Market Size by Type
10.3 Middle East and Africa AI Transcription Software and Service Market Size by Application
10.4 Top Players in Middle East and Africa AI Transcription Software and Service Market
11 AI Transcription Software and Service Market Segmentation by Type
11.1 Evaluation Matrix of Segment Market Development Potential (Type)
11.2 Global AI Transcription Software and Service Market Share by Type (2020-2033)
12 AI Transcription Software and Service Market Segmentation by Application
12.1 Evaluation Matrix of Segment Market Development Potential (Application)
12.2 Global AI Transcription Software and Service Market Size (M USD) by Application (2020-2033)
12.3 Global AI Transcription Software and Service Sales Growth Rate by Application (2020-2033)
13 Company Profiles
13.1 Speak Ai
13.1.1 Speak Ai Company Overview
13.1.2 Speak Ai Business Overview
13.1.3 Speak Ai AI Transcription Software and Service Major Product Overview
13.1.4 Speak Ai AI Transcription Software and Service Revenue and Gross Margin fromAI Transcription Software and Service (2020-2025)
13.1.5 Key News
13.2 Otter.ai
13.2.1 Otter.ai Company Overview
13.2.2 Otter.ai Business Overview
13.2.3 Otter.ai AI Transcription Software and Service Major Product Overview
13.2.4 Otter.ai AI Transcription Software and Service Revenue and Gross Margin fromAI Transcription Software and Service (2020-2025)
13.2.5 Key News
13.3 NEWTON Technologies
13.3.1 NEWTON Technologies Company Overview
13.3.2 NEWTON Technologies Business Overview
13.3.3 NEWTON Technologies AI Transcription Software and Service Major Product Overview
13.3.4 NEWTON Technologies AI Transcription Software and Service Revenue and Gross Margin fromAI Transcription Software and Service (2020-2025)
13.3.5 Key News
13.4 Fireflies.ai
13.4.1 Fireflies.ai Company Overview
13.4.2 Fireflies.ai Business Overview
13.4.3 Fireflies.ai AI Transcription Software and Service Major Product Overview
13.4.4 Fireflies.ai AI Transcription Software and Service Revenue and Gross Margin fromAI Transcription Software and Service (2020-2025)
13.4.5 Key News
13.5 Nova AI
13.5.1 Nova AI Company Overview
13.5.2 Nova AI Business Overview
13.5.3 Nova AI AI Transcription Software and Service Major Product Overview
13.5.4 Nova AI AI Transcription Software and Service Revenue and Gross Margin fromAI Transcription Software and Service (2020-2025)
13.5.5 Key News
13.6 Sonix
13.6.1 Sonix Company Overview
13.6.2 Sonix Business Overview
13.6.3 Sonix AI Transcription Software and Service Major Product Overview
13.6.4 Sonix AI Transcription Software and Service Revenue and Gross Margin fromAI Transcription Software and Service (2020-2025)
13.6.5 Key News
13.7 Rev
13.7.1 Rev Company Overview
13.7.2 Rev Business Overview
13.7.3 Rev AI Transcription Software and Service Major Product Overview
13.7.4 Rev AI Transcription Software and Service Revenue and Gross Margin fromAI Transcription Software and Service (2020-2025)
13.7.5 Key News
13.8 CGBiz
13.8.1 CGBiz Company Overview
13.8.2 CGBiz Business Overview
13.8.3 CGBiz AI Transcription Software and Service Major Product Overview
13.8.4 CGBiz AI Transcription Software and Service Revenue and Gross Margin fromAI Transcription Software and Service (2020-2025)
13.8.5 Key News
13.9 Verbit
13.9.1 Verbit Company Overview
13.9.2 Verbit Business Overview
13.9.3 Verbit AI Transcription Software and Service Major Product Overview
13.9.4 Verbit AI Transcription Software and Service Revenue and Gross Margin fromAI Transcription Software and Service (2020-2025)
13.9.5 Key News
13.10 SpeechText.AI
13.10.1 SpeechText.AI Company Overview
13.10.2 SpeechText.AI Business Overview
13.10.3 SpeechText.AI AI Transcription Software and Service Major Product Overview
13.10.4 SpeechText.AI AI Transcription Software and Service Revenue and Gross Margin fromAI Transcription Software and Service (2020-2025)
13.10.5 Key News
13.11 Audext
13.11.1 Audext Company Overview
13.11.2 Audext Business Overview
13.11.3 Audext AI Transcription Software and Service Major Product Overview
13.11.4 Audext AI Transcription Software and Service Revenue and Gross Margin fromAI Transcription Software and Service (2020-2025)
13.11.5 Key News
13.12 Trint
13.12.1 Trint Company Overview
13.12.2 Trint Business Overview
13.12.3 Trint AI Transcription Software and Service Major Product Overview
13.12.4 Trint AI Transcription Software and Service Revenue and Gross Margin fromAI Transcription Software and Service (2020-2025)
13.12.5 Key News
13.13 TranscribeMe
13.13.1 TranscribeMe Company Overview
13.13.2 TranscribeMe Business Overview
13.13.3 TranscribeMe AI Transcription Software and Service Major Product Overview
13.13.4 TranscribeMe AI Transcription Software and Service Revenue and Gross Margin fromAI Transcription Software and Service (2020-2025)
13.13.5 Key News
13.14 MeetGeek
13.14.1 MeetGeek Company Overview
13.14.2 MeetGeek Business Overview
13.14.3 MeetGeek AI Transcription Software and Service Major Product Overview
13.14.4 MeetGeek AI Transcription Software and Service Revenue and Gross Margin fromAI Transcription Software and Service (2020-2025)
13.14.5 Key News
13.15 Temi
13.15.1 Temi Company Overview
13.15.2 Temi Business Overview
13.15.3 Temi AI Transcription Software and Service Major Product Overview
13.15.4 Temi AI Transcription Software and Service Revenue and Gross Margin fromAI Transcription Software and Service (2020-2025)
13.15.5 Key News
13.16 AWS
13.16.1 AWS Company Overview
13.16.2 AWS Business Overview
13.16.3 AWS AI Transcription Software and Service Major Product Overview
13.16.4 AWS AI Transcription Software and Service Revenue and Gross Margin fromAI Transcription Software and Service (2020-2025)
13.16.5 Key News
13.17 Simon Says
13.17.1 Simon Says Company Overview
13.17.2 Simon Says Business Overview
13.17.3 Simon Says AI Transcription Software and Service Major Product Overview
13.17.4 Simon Says AI Transcription Software and Service Revenue and Gross Margin fromAI Transcription Software and Service (2020-2025)
13.17.5 Key News
13.18 ScriptMe AB
13.18.1 ScriptMe AB Company Overview
13.18.2 ScriptMe AB Business Overview
13.18.3 ScriptMe AB AI Transcription Software and Service Major Product Overview
13.18.4 ScriptMe AB AI Transcription Software and Service Revenue and Gross Margin fromAI Transcription Software and Service (2020-2025)
13.18.5 Key News
13.19 Happy Scribe
13.19.1 Happy Scribe Company Overview
13.19.2 Happy Scribe Business Overview
13.19.3 Happy Scribe AI Transcription Software and Service Major Product Overview
13.19.4 Happy Scribe AI Transcription Software and Service Revenue and Gross Margin fromAI Transcription Software and Service (2020-2025)
13.19.5 Key News
13.20 Airgram
13.20.1 Airgram Company Overview
13.20.2 Airgram Business Overview
13.20.3 Airgram AI Transcription Software and Service Major Product Overview
13.20.4 Airgram AI Transcription Software and Service Revenue and Gross Margin fromAI Transcription Software and Service (2020-2025)
13.20.5 Key News
13.21 Notta
13.21.1 Notta Company Overview
13.21.2 Notta Business Overview
13.21.3 Notta AI Transcription Software and Service Major Product Overview
13.21.4 Notta AI Transcription Software and Service Revenue and Gross Margin fromAI Transcription Software and Service (2020-2025)
13.21.5 Key News
13.21.6 Key News
14 Key Market Trends, Opportunity, Drivers and Restraints
14.1 Key Takeway
14.2 Market Opportunities & Trends
14.3 Market Drivers
14.4 Market Restraints
14.5 Market Major Factor Assessment
14.6 Porter's Five Forces Analysis of AI Transcription Software and Service Market
14.7 PEST Analysis of AI Transcription Software and Service Market
15 Analysis of the AI Transcription Software and Service Industry Chain
15.1 Overview of the Industry Chain
15.2 Upstream Segment Analysis
15.3 Midstream Segment Analysis
15.3.1 Manufacturing, Processing or Conversion Process Analysis
15.3.2 Key Technology Analysis
15.4 Downstream Segment Analysis
15.4.1 Downstream Customer List and Contact Details
15.4.2 Customer Concerns or Preference Analysis
16 Conclusion
17 Appendix
17.1 Methodology
17.2 Research Process and Data Source
17.3 Disclaimer
17.4 Note
17.5 Examples of Clients
17.6 Disclaimer

Research Methodology
The research methodology employed in this study follows a structured, four-stage process designed to ensure the accuracy, consistency, and relevance of all data and insights presented. The process begins with Information Procurement, wherein data is collected from a wide range of primary and secondary sources. This is followed by Information Analysis, during which the collected data is systematically mapped, discrepancies across sources are examined, and consistency is established through cross-validation.

Subsequently, the Market Formulation phase involves placing verified data points into an appropriate market context to generate meaningful conclusions. This step integrates analyst interpretation and expert heuristics to refine findings and ensure applicability. Finally, all conclusions undergo a rigorous Validation and Publishing process, where each data point is re-evaluated before inclusion in the final deliverable. The methodology emphasizes bidirectional flow and reversibility between key stages to maintain flexibility and reinforce the integrity of the analysis.

Research Process
The market research process follows a structured and iterative methodology designed to ensure accuracy, depth, and reliability. It begins with scope definition and research design, where the research objectives are clearly outlined based on client requirements, emerging market trends, and initial exploratory insights. This phase provides strategic direction for all subsequent stages of the research.
Data collection is then conducted through both secondary and primary research. Secondary research involves analyzing publicly available and paid sources such as company filings, industry journals, and government databases to build foundational knowledge. This is followed by primary research, which includes direct interviews and surveys with key industry stakeholders—such as manufacturers, distributors, and end users—to gather firsthand insights and address data gaps identified earlier. Techniques included CATI (Computer-Assisted Telephonic Interviewing), CAWI (Computer-Assisted Web Interviewing), CAVI (Computer-Assisted Video Interviewing via platforms like Zoom and WebEx), and CASI (Computer-Assisted Self Interviewing via email or LinkedIn).