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What is a Rough Estimate of The Size of The Market for English Academic Transcription?

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Edwarddavid
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Коротко о себе: Hello, this is Edward David. I have been a professional translation services provider at Acadestudio for more than five years.
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What is a Rough Estimate of The Size of The Market for English Academic Transcription?

#1 Сообщение Edwarddavid » 17 мар 2023, 15:30

It is difficult to provide an exact estimate of the size of the market for English academic transcription, as there are many factors that can influence the demand for such services. However, based on the growing demand for transcription services in general, it is likely that the market for English academic transcription is substantial.
According to a market research report by Grand View Research, the global transcription services market size was valued at USD 19.89 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2021 to 2028. This growth is attributed to factors such as the increasing demand for accurate and reliable transcription services in various industries, including academia. Furthermore, with the increasing use of online learning and remote education, there is likely to be a growing demand for transcription services in the academic sector. English is the most widely used language in academia, and many academic institutions and researchers require transcription services for various purposes, including transcribing lectures, interviews, and research data.
Overall, while it is difficult to provide a specific estimate of the size of the market for English academic transcription, it is clear that there is a growing demand for transcription services in general, and the academic sector is likely to be a significant contributor to this demand.

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What is a Rough Estimate of The Size of The Market for English Academic Transcription?

#2 Сообщение Joshua55 » 27 мар 2023, 00:35

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