The Global Business Transcription Market report assesses the historical and current data along with a thorough analysis of the market dynamics. Organizations are using Search Engine Optimization (SEO) to boost visibility in online searches. This is possible by feeding valuable information into websites so that search engines can easily understand the keywords and display the same. Transcripts uploaded on websites contain keywords which boosts online search results and the need for this feature is driving adoption of Business Transcription solutions currently. Emergence of live transcription is expected to drive growth of the market to a significant extent in the coming years. In February 2019, Google released ‘Live Transcribe’ which is beneficial for individuals with hearing impairments. The apps work on Android smartphones, and enables hearing-impaired persons to converse in over 70 languages.
The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The Global Business Transcription Market studies the market scenario to offer growth projections for the Business Transcription industry for the forecast period of 2021-2028. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline. The report pays special heed to the emerging business components, niche sectors, and product launches and brand promotions occurring in the market to help the readers make fruitful investment strategies.
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The Global Business Transcription Report is a panoramic study of the overall Business Transcription market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Business Transcription market. The report provides a detailed analysis of the key factors of the Business Transcription market that are expected to have a positive impact on the growth of the Business Transcription industry.
Key Benefits of the Report:
· Comprehensive analysis of the competitive scenario and its changing dynamics
· Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
· In-depth 8-year analysis of the Global Business Transcription Market
· Critical understanding of the key market segments
· Comprehensive analysis of the drivers, restraints, trends, and opportunities
· Detailed regional analysis and extensive company profiling
· Extensive assessment of current and emerging trends of the market
The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.
Key companies operating in the Business Transcription market include:
· Digital Nirvana Inc.,
· Tech-Synergy,
· 3Play Media,
· NCH Software,
· Focus Forward,
· Crimson Interactive Inc.,
· Voice Products Inc.,
· RndSofttech.com,
· TranscribeMe Inc., and
· Indoswift
Key geographical areas:
· North America
· Europe
· Asia Pacific
· Latin America
· Middle East & Africa
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In January 2021, Otter.ai launched live notes and captions for 100 million daily users for Google Meet. Users can complete easy and quick installation of Chrome extension and Otter.ai customers can use the integration to access a live, interactive, and secure transcript directly from a Google Meet call, and can also use live captions.
Emergen Research has segmented the global Business Transcription market on the basis of component, procurement type, enterprise, end-use, and region:
Component Outlook (Revenue, USD Billion; 2018–2028)
· Software
· Services
· Tools
1. Technology-Powered
2. Human-Powered
Procurement Type Outlook (Revenue, USD Billion; 2018–2028)
· Outsourcing
· Offshoring
· Both
Enterprise Outlook (Revenue, USD Billion; 2018–2028)
· Large Enterprises
· Small & Medium Sized Enterprises
End-use Outlook (Revenue, USD Billion; 2018–2028)
· IT & Telecom
· Media & Entertainment
· BFSI
· Retail & Consumer Goods
· Manufacturing
Key Questions Addressed in the Report:
· Who are the leading players in the Business Transcription industry?
· Which region is expected to dominate the market in the coming years?
· What are the key applications of Business Transcription?
· Which segment is expected to garner traction during the coming years?
· What are the key strategies adopted by leading players in the market?
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