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%.
Market Analysis and Insights: Global Video Conferencing Transcribing Market
The research report studies the Video Conferencing Transcribing market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Video Conferencing Transcribing market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of XX% during 2021-2026.
Global Video Conferencing Transcribing Scope and Segment
The global Video Conferencing Transcribing market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Video Conferencing Transcribing market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
by Type, the market is primarily split into
Software
Service
by Application, this report covers the following segments
Entrepreneurs
Healthcare
Legal Institutions
Education
Marketing
Media
Global Video Conferencing Transcribing market: regional analysis, the major regions covered in the report are:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
The report lists the major players in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.
The Video Conferencing Transcribing key players in this market include:
Amazon Transcribe
Nuance
Google
IBM WATSON
TranscribeMe
Verbit.ai
Otter.ai
Sonix
Voicea
QNAP
Trint
1 Market Overview of Video Conferencing Transcribing
1.1 Video Conferencing Transcribing Market Overview
1.1.1 Video Conferencing Transcribing Product Scope
1.1.2 Market Status and Outlook
1.2 Global Video Conferencing Transcribing Market Size Overview by Region 2015 VS 2020 VS 2026
1.3 Global Video Conferencing Transcribing Market Size by Region (2015-2026)
1.4 Global Video Conferencing Transcribing Historic Market Size by Region (2015-2020)
1.5 Global Video Conferencing Transcribing Market Size Forecast by Region (2021-2026)
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