A live or recorded voice is transformed into a written or electronic text document through the process of transcription. Documentaries, movies, TV episodes, and other types of entertainment are all covered by entertainment transcription. In general, entertainment transcription entails transcribing any material pertaining to the media or the entertainment business. The transcription of entertainment has gotten more simpler in recent years. The audio or video file is first submitted to the secure server of the company providing the transcription service.
Global Entertainment Transcription Market: Dynamics
The entertainment transcription helps to understand the actual content in a more accurate and better way, and with the help of entertainment transcription one can avoid the confusion or misinterpretation. Thus it is one of the major feature driving the adoption of the entertainment transcription market.
The entertainment transcription can be done from any kind of CDs, DVDs, audio or video cassettes and digital files including all type of file formats, which is another factor fueling the growth of the entertainment transcription market. There is an increasing demand for entertainment transcription by production companies as they use them for pre-production, post production, subtitling, as well as for editing purposes, hence it is another factor driving the growth of the entertainment transcription market.
It is necessary to keep the contents of the entertainment industry as a secret until the content is aired live to the target audience, thus it is very important to maintain the confidentiality of the content, and hence it is one of the major factors restraining the growth of the entertainment transcription market.
Global Entertainment Transcription Market: Competition Landscape
Key Developments
In August 2017, Outsource2india’s parent company Flatworld Solutions Inc., a back office services provider, has signed a strategic partnership with Quadratyx, a data science and artificial intelligence company. Through this partnership they will be able to provide intelligent solutions in fraud detection for banks, crime prevention for cities, bringing efficiency to the Insurance industry.
Key Vendors
Examples of some of the market participants in the global entertainment transcription market identified across the value chain include Synergy Transcription Services, Capital Typing, TranscribeMe Inc., TranscriptionStar, Pioneer Support Services, Inc., Outsource2india, Hourtrans.com and g11n Inc.
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Global Entertainment Transcription Market: Regional Outlook
Geographically, the entertainment transcription market can be segmented into North America, Western Europe, Latin America, Eastern Europe, Asia Pacific excluding Japan (APEJ), Middle East and Africa (MEA), and Japan.
North America contributes the highest share of entertainment transcription market as in developed economies such as U. S. and Canada, there is high adoption of the entertainment transcription across the media and entertainment industries.
Asia Pacific is anticipated to exhibit high growth in entertainment transcription market during the forecast period as some of Asian countries are some of the leading hubs for offshoring of entertainment transcription services.
- Global Entertainment Transcription Market Segments
- Global Entertainment Transcription Market Dynamics
- Historical Actual Market Size, 2013 – 2017
- Global Entertainment Transcription Market Size and Forecast 2018 to 2028
- Supply and Demand Value Chain
- Global Entertainment Transcription Market Current Trends/Issues/Challenges
- Competition and Companies involved
- Technology
- Value Chain
- Global Entertainment Transcription Market Drivers and Restraints
Regional analysis for Global Entertainment Transcription Market includes
- North America Entertainment Transcription Market
- Latin America Entertainment Transcription Market
- Western Europe Entertainment Transcription Market
- Eastern Europe Entertainment Transcription Market
- Asia Pacific Entertainment Transcription Market
- Japan Entertainment Transcription Market
- China Entertainment Transcription Market
- Middle East and Africa Entertainment Transcription Market
The global entertainment transcription market can be segmented on the basis of file type, service, and region.
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Entertainment Transcription by file type
- Audio file
- Video file
Entertainment Transcription by service
- Reality Show Transcription
- Radio Transcription Services
- Media Transcription
- News Program Transcripts
- Talk Show Transcripts
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics of the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
- Must-have information for market players to sustain and enhance their market footprint
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