Fact · Speech recognition
1.58billion US dollars
Market.us says North America held 1.58 billion US dollars of the global AI transcription market in 2024, more than 35.2 percent of it.
Quote found word for word on the live source, last checked October 19, 2026
In the source's own words
“In 2024, North America held a dominant market position, capturing more than a 35.2% share, holding USD 1.58 billion in revenue”
AI Transcription Market Size, Share | CAGR of 15.6%, Market.us, Market.us, 2025, Report overview.
Open the original- What it measures
- Market.us's report page for its global AI transcription market report, published July 2025. North America is the region the firm reports for 2024.
- What it does not show
- A market research firm's estimate for one region, not a measurement. The page does not state its method, or how it defines North America.
In the data
A row of Speech Recognition Market Size: Every Estimate Compared, as Market.us AI N. America 2024: 1.58 billion US dollars.
- Market
- Transcription
- Figure
- Size in a past year
- Year described
- 2024
- Estimated by
- Market.us
- Region
- North America
- Published
- 2025
Source
Used to calculate
- In the speech and voice recognition market size estimates dataset, the 5 published figures for “Transcription” have a median of 19.2 billion US dollars, ranging from 1.58 to 41.93.
- The speech and voice recognition market size estimates dataset holds 32 data points, each a published figure traced to its source.
- The speech and voice recognition market size estimates dataset draws on 12 distinct sources.