Selected research
Industry Growth & Trends
Global AI-Based Transcription and Captioning Services Industry Growth and Trends Forecast to 2032
Market perspective
According to APO Research, the global AI-Based Transcription and Captioning Services market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for AI-Based Transcription and Captioning Services is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.
The Europe market for AI-Based Transcription and Captioning Services is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for AI-Based Transcription and Captioning Services is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global companies in the AI-Based Transcription and Captioning Services market include IBM, Verbit, OpenAI Whisper, AI-Media, Rev, Speechmatics, Apptek, NHK and ENCO Systems, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global AI-Based Transcription and Captioning Services market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The AI-Based Transcription and Captioning Services market size, estimates, and forecasts are presented in terms of revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global AI-Based Transcription and Captioning Services market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to AI-Based Transcription and Captioning Services.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading companies in the global AI-Based Transcription and Captioning Services market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue and gross margin data by manufacturer for 2021-2026, enabling benchmarking of scale, profitability, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
AI-Based Transcription and Captioning Services Market by Company
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
AI-Based Transcription and Captioning Services Segment by Type
Cloud-Based
On-Premises
AI-Based Transcription and Captioning Services Segment by Application
Media and Entertainment
Online Education and Training
Meetings and Conferences
Others
AI-Based Transcription and Captioning Services Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global AI-Based Transcription and Captioning Services market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of AI-Based Transcription and Captioning Services and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of AI-Based Transcription and Captioning Services.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2021-2025, 2026-2031). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 5: Detailed analysis of AI-Based Transcription and Captioning Services companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, revenue by country.
Chapter 12: Concluding Insights of the report
More report detail
Tables and figures
Scope & coverage.
Types
- Cloud-Based
- On-Premises
Applications
- Media and Entertainment
- Online Education and Training
- Meetings and Conferences
- Others
Companies covered
- 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
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.3 Global AI-Based Transcription and Captioning Services Market Size Overview by Region 2021 VS 2025 VS 2032
- 1.4 Global AI-Based Transcription and Captioning Services Market Size by Region (2021-2032)
- 1.4.1 Global AI-Based Transcription and Captioning Services Market Size by Region (2021-2026)
- 1.4.2 Global AI-Based Transcription and Captioning Services Market Size by Region (2027-2032)
- 1.5 Key Regions AI-Based Transcription and Captioning Services Market Size (2021-2032)
- 1.5.1 North America AI-Based Transcription and Captioning Services Market Size Growth Rate (2021-2032)
- 1.5.2 Europe AI-Based Transcription and Captioning Services Market Size Growth Rate (2021-2032)
- 1.5.3 Asia-Pacific AI-Based Transcription and Captioning Services Market Size Growth Rate (2021-2032)
- 1.5.4 South America AI-Based Transcription and Captioning Services Market Size Growth Rate (2021-2032)
- 1.5.5 Middle East & Africa AI-Based Transcription and Captioning Services Market Size Growth Rate (2021-2032)
2 AI-Based Transcription and Captioning Services Market by Type
- 2.1 Type Introduction
- 2.1.1 Cloud-Based
- 2.1.2 On-Premises
- 2.2 Global AI-Based Transcription and Captioning Services Market Size by Type
- 2.2.1 Global AI-Based Transcription and Captioning Services Market Size Overview by Type (2021-2032)
- 2.2.2 Global AI-Based Transcription and Captioning Services Historic Market Size Review by Type (2021-2026)
- 2.2.3 Global AI-Based Transcription and Captioning Services Market Size Forecasted by Type (2027-2032)
- 2.3 Global AI-Based Transcription and Captioning Services Market Size by Regions
- 2.3.1 North America AI-Based Transcription and Captioning Services Market Size Breakdown by Type (2021-2026)
- 2.3.2 Europe AI-Based Transcription and Captioning Services Market Size Breakdown by Type (2021-2026)
- 2.3.3 Asia-Pacific AI-Based Transcription and Captioning Services Market Size Breakdown by Type (2021-2026)
- 2.3.4 South America AI-Based Transcription and Captioning Services Market Size Breakdown by Type (2021-2026)
- 2.3.5 Middle East and Africa AI-Based Transcription and Captioning Services Market Size Breakdown by Type (2021-2026)
3 AI-Based Transcription and Captioning Services Market by Application
- 3.1 Type Introduction
- 3.1.1 Media and Entertainment
- 3.1.2 Online Education and Training
- 3.1.3 Meetings and Conferences
- 3.1.4 Others
- 3.2 Global AI-Based Transcription and Captioning Services Market Size by Application
- 3.2.1 Global AI-Based Transcription and Captioning Services Market Size Overview by Application (2021-2032)
- 3.2.2 Global AI-Based Transcription and Captioning Services Historic Market Size Review by Application (2021-2026)
- 3.2.3 Global AI-Based Transcription and Captioning Services Market Size Forecasted by Application (2027-2032)
- 3.3 Global AI-Based Transcription and Captioning Services Market Size by Regions
- 3.3.1 North America AI-Based Transcription and Captioning Services Market Size Breakdown by Application (2021-2026)
- 3.3.2 Europe AI-Based Transcription and Captioning Services Market Size Breakdown by Application (2021-2026)
- 3.3.3 Asia-Pacific AI-Based Transcription and Captioning Services Market Size Breakdown by Application (2021-2026)
- 3.3.4 South America AI-Based Transcription and Captioning Services Market Size Breakdown by Application (2021-2026)
- 3.3.5 Middle East and Africa AI-Based Transcription and Captioning Services Market Size Breakdown by Application (2021-2026)
4 Global Market Dynamics
- 4.1 AI-Based Transcription and Captioning Services Industry Trends
- 4.2 AI-Based Transcription and Captioning Services Industry Drivers
- 4.3 AI-Based Transcription and Captioning Services Industry Opportunities and Challenges
- 4.4 AI-Based Transcription and Captioning Services Industry Restraints
5 Competitive Insights by Company
- 5.1 Global Top Players by AI-Based Transcription and Captioning Services Revenue (2021-2026)
- 5.2 Global AI-Based Transcription and Captioning Services Industry Company Ranking, 2024 VS 2025 VS 2026
- 5.3 Global AI-Based Transcription and Captioning Services Key Company Headquarters & Area Served
- 5.4 Global AI-Based Transcription and Captioning Services Company, Product Type & Application
- 5.5 Global AI-Based Transcription and Captioning Services Company Commercialization Time
- 5.6 Market Competitive Analysis
- 5.6.1 Global AI-Based Transcription and Captioning Services Market CR5 and HHI
- 5.6.2 Global Top 5 and 10 AI-Based Transcription and Captioning Services Players Market Share by Revenue in 2025
- 5.6.3 2025 AI-Based Transcription and Captioning Services Tier 1, Tier 2, and Tier 3
6 Company Profiles
- 6.1 IBM
- 6.1.1 IBM Company Information
- 6.1.2 IBM Business Overview
- 6.1.3 IBM AI-Based Transcription and Captioning Services Revenue, Global Share and Gross Margin (2021-2026)
- 6.1.4 IBM AI-Based Transcription and Captioning Services Product Portfolio
- 6.1.5 IBM Recent Developments
- 6.2 Verbit
- 6.2.1 Verbit Company Information
- 6.2.2 Verbit Business Overview
- 6.2.3 Verbit AI-Based Transcription and Captioning Services Revenue, Global Share and Gross Margin (2021-2026)
- 6.2.4 Verbit AI-Based Transcription and Captioning Services Product Portfolio
- 6.2.5 Verbit Recent Developments
- 6.3 OpenAI Whisper
- 6.3.1 OpenAI Whisper Company Information
- 6.3.2 OpenAI Whisper Business Overview
- 6.3.3 OpenAI Whisper AI-Based Transcription and Captioning Services Revenue, Global Share and Gross Margin (2021-2026)
- 6.3.4 OpenAI Whisper AI-Based Transcription and Captioning Services Product Portfolio
- 6.3.5 OpenAI Whisper Recent Developments
- 6.4 AI-Media
- 6.4.1 AI-Media Company Information
- 6.4.2 AI-Media Business Overview
- 6.4.3 AI-Media AI-Based Transcription and Captioning Services Revenue, Global Share and Gross Margin (2021-2026)
- 6.4.4 AI-Media AI-Based Transcription and Captioning Services Product Portfolio
- 6.4.5 AI-Media Recent Developments
- 6.5 Rev
- 6.5.1 Rev Company Information
- 6.5.2 Rev Business Overview
- 6.5.3 Rev AI-Based Transcription and Captioning Services Revenue, Global Share and Gross Margin (2021-2026)
- 6.5.4 Rev AI-Based Transcription and Captioning Services Product Portfolio
- 6.5.5 Rev Recent Developments
- 6.6 Speechmatics
- 6.6.1 Speechmatics Company Information
- 6.6.2 Speechmatics Business Overview
- 6.6.3 Speechmatics AI-Based Transcription and Captioning Services Revenue, Global Share and Gross Margin (2021-2026)
- 6.6.4 Speechmatics AI-Based Transcription and Captioning Services Product Portfolio
- 6.6.5 Speechmatics Recent Developments
- 6.7 Apptek
- 6.7.1 Apptek Company Information
- 6.7.2 Apptek Business Overview
- 6.7.3 Apptek AI-Based Transcription and Captioning Services Revenue, Global Share and Gross Margin (2021-2026)
- 6.7.4 Apptek AI-Based Transcription and Captioning Services Product Portfolio
- 6.7.5 Apptek Recent Developments
- 6.8 NHK
- 6.8.1 NHK Company Information
- 6.8.2 NHK Business Overview
- 6.8.3 NHK AI-Based Transcription and Captioning Services Revenue, Global Share and Gross Margin (2021-2026)
- 6.8.4 NHK AI-Based Transcription and Captioning Services Product Portfolio
- 6.8.5 NHK Recent Developments
- 6.9 ENCO Systems
- 6.9.1 ENCO Systems Company Information
- 6.9.2 ENCO Systems Business Overview
- 6.9.3 ENCO Systems AI-Based Transcription and Captioning Services Revenue, Global Share and Gross Margin (2021-2026)
- 6.9.4 ENCO Systems AI-Based Transcription and Captioning Services Product Portfolio
- 6.9.5 ENCO Systems Recent Developments
- 6.10 Digital Nirvana
- 6.10.1 Digital Nirvana Company Information
- 6.10.2 Digital Nirvana Business Overview
- 6.10.3 Digital Nirvana AI-Based Transcription and Captioning Services Revenue, Global Share and Gross Margin (2021-2026)
- 6.10.4 Digital Nirvana AI-Based Transcription and Captioning Services Product Portfolio
- 6.10.5 Digital Nirvana Recent Developments
- 6.11 Sonix
- 6.11.1 Sonix Company Information
- 6.11.2 Sonix Business Overview
- 6.11.3 Sonix AI-Based Transcription and Captioning Services Revenue, Global Share and Gross Margin (2021-2026)
- 6.11.4 Sonix AI-Based Transcription and Captioning Services Product Portfolio
- 6.11.5 Sonix Recent Developments
- 6.12 Telestream
- 6.12.1 Telestream Company Information
- 6.12.2 Telestream Business Overview
- 6.12.3 Telestream AI-Based Transcription and Captioning Services Revenue, Global Share and Gross Margin (2021-2026)
- 6.12.4 Telestream AI-Based Transcription and Captioning Services Product Portfolio
- 6.12.5 Telestream Recent Developments
- 6.13 VoiceBox
- 6.13.1 VoiceBox Company Information
- 6.13.2 VoiceBox Business Overview
- 6.13.3 VoiceBox AI-Based Transcription and Captioning Services Revenue, Global Share and Gross Margin (2021-2026)
- 6.13.4 VoiceBox AI-Based Transcription and Captioning Services Product Portfolio
- 6.13.5 VoiceBox Recent Developments
- 6.14 Trint
- 6.14.1 Trint Company Information
- 6.14.2 Trint Business Overview
- 6.14.3 Trint AI-Based Transcription and Captioning Services Revenue, Global Share and Gross Margin (2021-2026)
- 6.14.4 Trint AI-Based Transcription and Captioning Services Product Portfolio
- 6.14.5 Trint Recent Developments
- 6.15 Happy Scribe
- 6.15.1 Happy Scribe Company Information
- 6.15.2 Happy Scribe Business Overview
- 6.15.3 Happy Scribe AI-Based Transcription and Captioning Services Revenue, Global Share and Gross Margin (2021-2026)
- 6.15.4 Happy Scribe AI-Based Transcription and Captioning Services Product Portfolio
- 6.15.5 Happy Scribe Recent Developments
- 6.16 Descript
- 6.16.1 Descript Company Information
- 6.16.2 Descript Business Overview
- 6.16.3 Descript AI-Based Transcription and Captioning Services Revenue, Global Share and Gross Margin (2021-2026)
- 6.16.4 Descript AI-Based Transcription and Captioning Services Product Portfolio
- 6.16.5 Descript Recent Developments
- 6.17 Limecraft
- 6.17.1 Limecraft Company Information
- 6.17.2 Limecraft Business Overview
- 6.17.3 Limecraft AI-Based Transcription and Captioning Services Revenue, Global Share and Gross Margin (2021-2026)
- 6.17.4 Limecraft AI-Based Transcription and Captioning Services Product Portfolio
- 6.17.5 Limecraft Recent Developments
- 6.18 Acadecraft
- 6.18.1 Acadecraft Company Information
- 6.18.2 Acadecraft Business Overview
- 6.18.3 Acadecraft AI-Based Transcription and Captioning Services Revenue, Global Share and Gross Margin (2021-2026)
- 6.18.4 Acadecraft AI-Based Transcription and Captioning Services Product Portfolio
- 6.18.5 Acadecraft Recent Developments
- 6.19 TranscribeFiles
- 6.19.1 TranscribeFiles Company Information
- 6.19.2 TranscribeFiles Business Overview
- 6.19.3 TranscribeFiles AI-Based Transcription and Captioning Services Revenue, Global Share and Gross Margin (2021-2026)
- 6.19.4 TranscribeFiles AI-Based Transcription and Captioning Services Product Portfolio
- 6.19.5 TranscribeFiles Recent Developments
- 6.20 Maestra AI
- 6.20.1 Maestra AI Company Information
- 6.20.2 Maestra AI Business Overview
- 6.20.3 Maestra AI AI-Based Transcription and Captioning Services Revenue, Global Share and Gross Margin (2021-2026)
- 6.20.4 Maestra AI AI-Based Transcription and Captioning Services Product Portfolio
- 6.20.5 Maestra AI Recent Developments
- 6.21 Ava Live Captions
- 6.21.1 Ava Live Captions Company Information
- 6.21.2 Ava Live Captions Business Overview
- 6.21.3 Ava Live Captions AI-Based Transcription and Captioning Services Revenue, Global Share and Gross Margin (2021-2026)
- 6.21.4 Ava Live Captions AI-Based Transcription and Captioning Services Product Portfolio
- 6.21.5 Ava Live Captions Recent Developments
- 6.22 Auris AI
- 6.22.1 Auris AI Company Information
- 6.22.2 Auris AI Business Overview
- 6.22.3 Auris AI AI-Based Transcription and Captioning Services Revenue, Global Share and Gross Margin (2021-2026)
- 6.22.4 Auris AI AI-Based Transcription and Captioning Services Product Portfolio
- 6.22.5 Auris AI Recent Developments
7 North America
- 7.1 North America AI-Based Transcription and Captioning Services Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2 North America AI-Based Transcription and Captioning Services Market Size by Country (2021-2026)
- 7.3 North America AI-Based Transcription and Captioning Services Market Size Forecast by Country (2027-2032)
8 Europe
- 8.1 Europe AI-Based Transcription and Captioning Services Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2 Europe AI-Based Transcription and Captioning Services Market Size by Country (2021-2026)
- 8.3 Europe AI-Based Transcription and Captioning Services Market Size Forecast by Country (2027-2032)
9 Asia-Pacific
- 9.1 Asia-Pacific AI-Based Transcription and Captioning Services Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2 Asia-Pacific AI-Based Transcription and Captioning Services Market Size by Country (2021-2026)
- 9.3 Asia-Pacific AI-Based Transcription and Captioning Services Market Size Forecast by Country (2027-2032)
10 South America
- 10.1 South America AI-Based Transcription and Captioning Services Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2 South America AI-Based Transcription and Captioning Services Market Size by Country (2021-2026)
- 10.3 South America AI-Based Transcription and Captioning Services Market Size Forecast by Country (2027-2032)
11 Middle East & Africa
- 11.1 Middle East & Africa AI-Based Transcription and Captioning Services Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2 Middle East & Africa AI-Based Transcription and Captioning Services Market Size by Country (2021-2026)
- 11.3 Middle East & Africa AI-Based Transcription and Captioning Services Market Size Forecast by Country (2027-2032)
12 Concluding Insights
13 Appendix
- 13.1 Reasons for Doing This Study
- 13.2 Research Methodology
- 13.3 Research Process
- 13.4 Authors List of This Report
- 13.5 Data Source
- 13.5.1 Secondary Sources
- 13.5.2 Primary Sources
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