Intelligent Content Creation and Distribution With Artificial Intelligence

The science of artificial intelligence (AI) has become indispensable to the art of captioning. The rise of AI in captioning and transcription solutions can be attributed to many factors. However, the one that stands out is the rise of voice technology. Speech-to-text technology is the most rapidly emerging technology in the closed-captioning arena. The speech-to-text API market is expected to grow from US$ 1.6 billion in 2019 to US$ 4.1 billion by 2024, at a CAGR of 20.6%, as stated by the Markets and Markets report. The report also said that North America is expected to hold the largest market size in the global speech-to-text API market, while Asia Pacific is expected to grow at the highest CAGR. North America is also the highest contributor of revenue for the speech-to-text API market. for more information: https://digital-nirvana.com/blogs/intelligent-content-creation-and-distribution-with-artificial-intelligence/