Everyone Needs Transcriptions. So Do You. Take 10% Off Your Next Transcription!

The Growth of Transcription Services in the U.S.

Transcription services are growing quickly in the United States. In 2019, the global transcription market was valued at $19.8 billion, and experts predict a compound annual growth rate (CAGR) of 6.1% from 2020 to 2027 (Grand View Research, 2020). This steady rise shows that transcription is now a key service for many businesses and professionals.

Why Transcription Services Are Booming

There are several reasons why transcription services are expanding, including:

• Increasing need for accurate documentation
• Demand for accessible digital content
• Growth of remote work and virtual communication
• Advances in automated technology and artificial intelligence

Many industries rely on transcription to save time, improve accuracy, and make information easier to find.

Top Industries Using Transcription Services

Medical Transcription: The Market Leader

Medical transcription holds the largest market share among all transcription sectors. Hospitals and clinics often use professional transcriptionists or transcription services to convert spoken notes and patient records into text. Key benefits for the medical field:

• Reduces time spent on paperwork
• Boosts accuracy in patient records
• Allows medical staff to focus on patient care
• Improves claim processing efficiency

With staffing expenses and workloads running high in the healthcare sector, transcription is an ideal task to outsource. To learn more about how transcription can support healthcare teams, read A Great Way to Improve Medical Staff and Organization Effectiveness.

Legal Transcription: Supporting Quick and Accurate Work

Legal firms and courts consistently use transcription to improve their workflow. Legal transcription ensures that every detail from depositions, hearings, and client consultations gets captured and documented. Main reasons legal offices use transcription:

• Increases speed of legal research
• Makes critical information easy to find
• Creates a searchable legal archive
• Helps build and preserve institutional knowledge

Because accuracy is crucial in legal matters, many offices prefer external experts for legal transcription services. For more details, review 4 Benefits of Legal Transcriptions.

Media and Entertainment: Improving SEO and Accessibility

The media and entertainment industry sees strong advantages from using transcription and closed caption services. Adding captions or transcripts to video and audio content brings several benefits:

• Boosts SEO by making content more searchable
• Widens audience reach
• Makes content accessible to viewers with disabilities
• Enables translation into multiple languages

Captioned videos or transcribed podcasts help attract more views and generate greater online visibility. Accessibility laws, such as the Americans with Disabilities Act (ADA), also require some content to be available in accessible formats. For further insights, see this guide on improving SEO with podcast transcriptions.

Benefits of Online Transcription Services

Relying on modern online transcription brings extra advantages for businesses and professionals:

• Fast turnaround with automated transcription tools
• Options for AI transcription subscriptions for regular users
• Affordable and transparent transcription pricing
• Available proofreading services for error-free documents
• Added support for subtitling needs
• Broad range of translation and localization services

With online platforms, users can upload files, order their transcription project, and receive results in just a few clicks.

Getting Started with Transcription Tools

If you are considering transcription for your business or creative project, here are the steps to get started:

• Decide what type of transcription you need: medical, legal, general, or media
• Choose between manual and automated transcription
• Compare pricing models for each service
• Order your transcript or captioning services online
• Review and verify the final transcript for accuracy

These simple actions help teams save time, lower costs, and achieve better organization.

Conclusion: Why Choose GoTranscript for Your Transcription Needs?

Transcription is becoming an essential tool across many industries—from healthcare and law to media and education. Fast, reliable, and affordable transcription services give users better access to their information and support business growth. Whether your focus is on medical accuracy, legal compliance, or boosting your online presence, GoTranscript offers a full suite of solutions including transcription, captioning, translation, and proofreading. Visit GoTranscript to learn more, get a quote, and experience simple, secure transcription for every project.