U.S. Transcription Market Is Likely To Up Demand At A USD 41.89 Billion By 2030
San Francisco, 29 Jan 2024: The Report U.S. Transcription Market Size, Share & Trends Analysis Report By Vertical (Legal, Medical, Media & Entertainment, BFSI, Government, Education), By Type (Software, Services), And Segment Forecasts, 2023 - 2030 The U.S. transcription market size is expected to reach USD 41.89 billion by 2030, registering a CAGR of 5.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. Transcription services are widely used in the entertainment, legal, and healthcare sectors as there is a need for accurate data. An increase in online audio and video content and a significant population with hearing disabilities will further influence the transcription market's growth. Companies are increasingly turning to transcription services due to the continued growth of the multimedia industry. Live and recorded telecasts of sports events, talk shows, and digital content on OTT platforms are adopting transcription services. Increased acc