Industry: Service & Software
Published Date: 2026-01-19
Pages: 142 Pages
Report ld: 5736681
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The global market for AI-Based Transcription and Captioning Services was estimated to be worth US$ million in 2025 and is projected to reach US$ million, growing at a CAGR of %from 2026 to 2032.
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 North American market for AI-Based Transcription and Captioning Services was valued at US$ million in 2025 and is projected to reach US$ million by 2032, at a CAGR of % from 2026 to 2032.
The Asia-Pacific market for AI-Based Transcription and Captioning Services was valued at $ million in 2025 and is projected to climb to US$ million by 2032, at a CAGR of % from 2026 to 2032.
The European market for AI-Based Transcription and Captioning Services was valued at $ million in 2025 and is projected to total US$ million by 2032, at a CAGR of % from 2026 to 2032.
The global key companies in the AI-Based Transcription and Captioning Services market include IBM, Verbit, OpenAI Whisper, AI-Media, Rev, Speechmatics, Apptek, NHK, ENCO Systems, Digital Nirvana, etc. In 2025, the five largest players accounted for approximately % of revenue.
This report provides a comprehensive view of the global market for AI-Based Transcription and Captioning Services, covering total sales revenue, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The AI-Based Transcription and Captioning Services market size, estimations, and forecasts are presented in terms of sales revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding AI-Based Transcription and Captioning Services.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value). It also summarizes market dynamics and recent developments; identifies key drivers and restraints; outlines challenges and risks for players; reviews relevant industry policies.
Chapter 2: Provides a detailed analysis of the AI-Based Transcription and Captioning Services companies' competitive landscape—including revenue shares, recent development plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents AI-Based Transcription and Captioning Services revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents AI-Based Transcription and Captioning Services revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product revenue, gross margin, product portfolios, recent developments, etc.
Chapter 8: Analysis of Value Chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 AI-Based Transcription and Captioning Services Product Introduction
1.2 Global AI-Based Transcription and Captioning Services Market Size Forecast (2021–2032)
1.3 AI-Based Transcription and Captioning Services Market Trends & Drivers
1.3.1 AI-Based Transcription and Captioning Services Industry Trends
1.3.2 AI-Based Transcription and Captioning Services Market Drivers & Opportunities
1.3.3 AI-Based Transcription and Captioning Services Market Challenges
1.3.4 AI-Based Transcription and Captioning Services Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global AI-Based Transcription and Captioning Services Players Revenue Ranking (2025)
2.2 Global AI-Based Transcription and Captioning Services Revenue by Company (2021–2026)
2.3 Key Companies’ R&D and Operations Footprint and Headquarters
2.4 Key Companies AI-Based Transcription and Captioning Services Product Offerings
2.5 Key Companies General Availability (GA) Timeline for AI-Based Transcription and Captioning Services
2.6 AI-Based Transcription and Captioning Services Market Competitive Analysis
2.6.1 AI-Based Transcription and Captioning Services Market Concentration Rate (2021–2026)
2.6.2 Top 5 and Top 10 Global Companies by AI-Based Transcription and Captioning Services Revenue in 2025
2.6.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on AI-Based Transcription and Captioning Services revenue, 2025
2.7 Mergers & Acquisitions and Expansion
3 Segmentation AI-Based Transcription and Captioning Services Market Classification
3.1 Introduction by Type
3.1.1 Cloud-Based
3.1.2 On-Premises
3.1.3 Global AI-Based Transcription and Captioning Services Sales Value by Type
3.1.3.1 Global AI-Based Transcription and Captioning Services Sales Value by Type (2021 vs 2025 vs 2032)
3.1.3.2 Global AI-Based Transcription and Captioning Services Sales Value, by Type (2021–2032)
3.1.3.3 Global AI-Based Transcription and Captioning Services Sales Value, by Type (%), 2021–2032
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Media and Entertainment
4.1.2 Online Education and Training
4.1.3 Meetings and Conferences
4.1.4 Others
4.2 Global AI-Based Transcription and Captioning Services Sales Value by Application
4.2.1 Global AI-Based Transcription and Captioning Services Sales Value by Application (2021 vs 2025 vs 2032)
4.2.2 Global AI-Based Transcription and Captioning Services Sales Value by Application (2021–2032)
4.2.3 Global AI-Based Transcription and Captioning Services Sales Value by Application (%), 2021–2032
5 Segmentation by Region
5.1 Global AI-Based Transcription and Captioning Services Sales Value by Region
5.1.1 Global AI-Based Transcription and Captioning Services Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global AI-Based Transcription and Captioning Services Sales Value by Region (2021–2026)
5.1.3 Global AI-Based Transcription and Captioning Services Sales Value by Region (2027–2032)
5.1.4 Global AI-Based Transcription and Captioning Services Sales Value by Region (%), 2021–2032
5.2 North America
5.2.1 North America AI-Based Transcription and Captioning Services Sales Value, 2021–2032
5.2.2 North America AI-Based Transcription and Captioning Services Sales Value by Country (%), 2025 vs 2032
5.3 Europe
5.3.1 Europe AI-Based Transcription and Captioning Services Sales Value, 2021–2032
5.3.2 Europe AI-Based Transcription and Captioning Services Sales Value by Country (%), 2025 vs 2032
5.4 Asia Pacific
5.4.1 Asia Pacific AI-Based Transcription and Captioning Services Sales Value, 2021–2032
5.4.2 Asia Pacific AI-Based Transcription and Captioning Services Sales Value by Subregion (%), 2025 vs 2032
5.5 South America
5.5.1 South America AI-Based Transcription and Captioning Services Sales Value, 2021–2032
5.5.2 South America AI-Based Transcription and Captioning Services Sales Value by Country (%), 2025 vs 2032
5.6 Middle East & Africa
5.6.1 Middle East & Africa AI-Based Transcription and Captioning Services Sales Value, 2021–2032
5.6.2 Middle East & Africa AI-Based Transcription and Captioning Services Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions AI-Based Transcription and Captioning Services Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions AI-Based Transcription and Captioning Services Sales Value, 2021–2032
6.3 United States
6.3.1 United States AI-Based Transcription and Captioning Services Sales Value, 2021–2032
6.3.2 United States AI-Based Transcription and Captioning Services Sales Value by Type (%), 2025 vs 2032
6.3.3 United States AI-Based Transcription and Captioning Services Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe AI-Based Transcription and Captioning Services Sales Value, 2021–2032
6.4.2 Europe AI-Based Transcription and Captioning Services Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe AI-Based Transcription and Captioning Services Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China AI-Based Transcription and Captioning Services Sales Value, 2021–2032
6.5.2 China AI-Based Transcription and Captioning Services Sales Value by Type (%), 2025 vs 2032
6.5.3 China AI-Based Transcription and Captioning Services Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan AI-Based Transcription and Captioning Services Sales Value, 2021–2032
6.6.2 Japan AI-Based Transcription and Captioning Services Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan AI-Based Transcription and Captioning Services Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea AI-Based Transcription and Captioning Services Sales Value, 2021–2032
6.7.2 South Korea AI-Based Transcription and Captioning Services Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea AI-Based Transcription and Captioning Services Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia AI-Based Transcription and Captioning Services Sales Value, 2021–2032
6.8.2 Southeast Asia AI-Based Transcription and Captioning Services Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia AI-Based Transcription and Captioning Services Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India AI-Based Transcription and Captioning Services Sales Value, 2021–2032
6.9.2 India AI-Based Transcription and Captioning Services Sales Value by Type (%), 2025 vs 2032
6.9.3 India AI-Based Transcription and Captioning Services Sales Value by Application, 2025 vs 2032
7 Company Profiles
7.1 IBM
7.1.1 IBM Profile
7.1.2 IBM Main Business
7.1.3 IBM AI-Based Transcription and Captioning Services Products, Services, and Solutions
7.1.4 IBM AI-Based Transcription and Captioning Services Revenue (US$ Million), 2021–2026
7.1.5 IBM Recent Developments
7.2 Verbit
7.2.1 Verbit Profile
7.2.2 Verbit Main Business
7.2.3 Verbit AI-Based Transcription and Captioning Services Products, Services, and Solutions
7.2.4 Verbit AI-Based Transcription and Captioning Services Revenue (US$ Million), 2021–2026
7.2.5 Verbit Recent Developments
7.3 OpenAI Whisper
7.3.1 OpenAI Whisper Profile
7.3.2 OpenAI Whisper Main Business
7.3.3 OpenAI Whisper AI-Based Transcription and Captioning Services Products, Services, and Solutions
7.3.4 OpenAI Whisper AI-Based Transcription and Captioning Services Revenue (US$ Million), 2021–2026
7.3.5 OpenAI Whisper Recent Developments
7.4 AI-Media
7.4.1 AI-Media Profile
7.4.2 AI-Media Main Business
7.4.3 AI-Media AI-Based Transcription and Captioning Services Products, Services, and Solutions
7.4.4 AI-Media AI-Based Transcription and Captioning Services Revenue (US$ Million), 2021–2026
7.4.5 AI-Media Recent Developments
7.5 Rev
7.5.1 Rev Profile
7.5.2 Rev Main Business
7.5.3 Rev AI-Based Transcription and Captioning Services Products, Services, and Solutions
7.5.4 Rev AI-Based Transcription and Captioning Services Revenue (US$ Million), 2021–2026
7.5.5 Rev Recent Developments
7.6 Speechmatics
7.6.1 Speechmatics Profile
7.6.2 Speechmatics Main Business
7.6.3 Speechmatics AI-Based Transcription and Captioning Services Products, Services, and Solutions
7.6.4 Speechmatics AI-Based Transcription and Captioning Services Revenue (US$ Million), 2021–2026
7.6.5 Speechmatics Recent Developments
7.7 Apptek
7.7.1 Apptek Profile
7.7.2 Apptek Main Business
7.7.3 Apptek AI-Based Transcription and Captioning Services Products, Services, and Solutions
7.7.4 Apptek AI-Based Transcription and Captioning Services Revenue (US$ Million), 2021–2026
7.7.5 Apptek Recent Developments
7.8 NHK
7.8.1 NHK Profile
7.8.2 NHK Main Business
7.8.3 NHK AI-Based Transcription and Captioning Services Products, Services, and Solutions
7.8.4 NHK AI-Based Transcription and Captioning Services Revenue (US$ Million), 2021–2026
7.8.5 NHK Recent Developments
7.9 ENCO Systems
7.9.1 ENCO Systems Profile
7.9.2 ENCO Systems Main Business
7.9.3 ENCO Systems AI-Based Transcription and Captioning Services Products, Services, and Solutions
7.9.4 ENCO Systems AI-Based Transcription and Captioning Services Revenue (US$ Million), 2021–2026
7.9.5 ENCO Systems Recent Developments
7.10 Digital Nirvana
7.10.1 Digital Nirvana Profile
7.10.2 Digital Nirvana Main Business
7.10.3 Digital Nirvana AI-Based Transcription and Captioning Services Products, Services, and Solutions
7.10.4 Digital Nirvana AI-Based Transcription and Captioning Services Revenue (US$ Million), 2021–2026
7.10.5 Digital Nirvana Recent Developments
7.11 Sonix
7.11.1 Sonix Profile
7.11.2 Sonix Main Business
7.11.3 Sonix AI-Based Transcription and Captioning Services Products, Services, and Solutions
7.11.4 Sonix AI-Based Transcription and Captioning Services Revenue (US$ Million), 2021–2026
7.11.5 Sonix Recent Developments
7.12 Telestream
7.12.1 Telestream Profile
7.12.2 Telestream Main Business
7.12.3 Telestream AI-Based Transcription and Captioning Services Products, Services, and Solutions
7.12.4 Telestream AI-Based Transcription and Captioning Services Revenue (US$ Million), 2021–2026
7.12.5 Telestream Recent Developments
7.13 VoiceBox
7.13.1 VoiceBox Profile
7.13.2 VoiceBox Main Business
7.13.3 VoiceBox AI-Based Transcription and Captioning Services Products, Services, and Solutions
7.13.4 VoiceBox AI-Based Transcription and Captioning Services Revenue (US$ Million), 2021–2026
7.13.5 VoiceBox Recent Developments
7.14 Trint
7.14.1 Trint Profile
7.14.2 Trint Main Business
7.14.3 Trint AI-Based Transcription and Captioning Services Products, Services, and Solutions
7.14.4 Trint AI-Based Transcription and Captioning Services Revenue (US$ Million), 2021–2026
7.14.5 Trint Recent Developments
7.15 Happy Scribe
7.15.1 Happy Scribe Profile
7.15.2 Happy Scribe Main Business
7.15.3 Happy Scribe AI-Based Transcription and Captioning Services Products, Services, and Solutions
7.15.4 Happy Scribe AI-Based Transcription and Captioning Services Revenue (US$ Million), 2021–2026
7.15.5 Happy Scribe Recent Developments
7.16 Descript
7.16.1 Descript Profile
7.16.2 Descript Main Business
7.16.3 Descript AI-Based Transcription and Captioning Services Products, Services, and Solutions
7.16.4 Descript AI-Based Transcription and Captioning Services Revenue (US$ Million), 2021–2026
7.16.5 Descript Recent Developments
7.17 Limecraft
7.17.1 Limecraft Profile
7.17.2 Limecraft Main Business
7.17.3 Limecraft AI-Based Transcription and Captioning Services Products, Services, and Solutions
7.17.4 Limecraft AI-Based Transcription and Captioning Services Revenue (US$ Million), 2021–2026
7.17.5 Limecraft Recent Developments
7.18 Acadecraft
7.18.1 Acadecraft Profile
7.18.2 Acadecraft Main Business
7.18.3 Acadecraft AI-Based Transcription and Captioning Services Products, Services, and Solutions
7.18.4 Acadecraft AI-Based Transcription and Captioning Services Revenue (US$ Million), 2021–2026
7.18.5 Acadecraft Recent Developments
7.19 TranscribeFiles
7.19.1 TranscribeFiles Profile
7.19.2 TranscribeFiles Main Business
7.19.3 TranscribeFiles AI-Based Transcription and Captioning Services Products, Services, and Solutions
7.19.4 TranscribeFiles AI-Based Transcription and Captioning Services Revenue (US$ Million), 2021–2026
7.19.5 TranscribeFiles Recent Developments
7.20 Maestra AI
7.20.1 Maestra AI Profile
7.20.2 Maestra AI Main Business
7.20.3 Maestra AI AI-Based Transcription and Captioning Services Products, Services, and Solutions
7.20.4 Maestra AI AI-Based Transcription and Captioning Services Revenue (US$ Million), 2021–2026
7.20.5 Maestra AI Recent Developments
7.21 Ava Live Captions
7.21.1 Ava Live Captions Profile
7.21.2 Ava Live Captions Main Business
7.21.3 Ava Live Captions AI-Based Transcription and Captioning Services Products, Services, and Solutions
7.21.4 Ava Live Captions AI-Based Transcription and Captioning Services Revenue (US$ Million), 2021–2026
7.21.5 Ava Live Captions Recent Developments
7.22 Auris AI
7.22.1 Auris AI Profile
7.22.2 Auris AI Main Business
7.22.3 Auris AI AI-Based Transcription and Captioning Services Products, Services, and Solutions
7.22.4 Auris AI AI-Based Transcription and Captioning Services Revenue (US$ Million), 2021–2026
7.22.5 Auris AI Recent Developments
8 Industry Chain Analysis
8.1 AI-Based Transcription and Captioning Services Value Chain
8.2 AI-Based Transcription and Captioning Services Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Key Suppliers of Raw Materials
8.2.3 Cost Structure
8.3 Midstream Analysis
8.4 Downstream (Customer) Analysis
8.5 Sales Model and Sales Channelss
8.5.1 AI-Based Transcription and Captioning Services Sales Model
8.5.2 Sales Channels
8.5.3 AI-Based Transcription and Captioning Services Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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