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Captioning and Subtitling Solutions Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

06-27-2024 08:52 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

and India Captioning and Subtitling Solutions Market Size
The global Captioning and Subtitling Solutions revenue was US$ 387 million in 2022 and is forecast to a readjusted size of US$ 700.8 million by 2029 with a CAGR of 8.6% during the review period (2023-2029).

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and India Captioning and Subtitling Solutions Market
The solutions enable encoding, editing, and repurposing of video subtitles and captions for delivery platforms, such as, web, mobile, and television. Captioning and subtitling solutions help broadcasting and web media organizations in automating high volume caption & subtitle processing tasks, such as, extraction & insertion, timing & frame rate adjustment, format conversion, clip assembly, and sub-clipping. There exists high demand in the broadcasting industry for advanced solutions for automating the process of subtitles & captions on any media format.
In India, the Captioning and Subtitling Solutions revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period 2023-2029.
Global Captioning and Subtitling Solution key players include VITAC, IBM, ZOO Digital Group, etc. Global top three manufacturers hold a share about 60%.
North America is the largest market, with a share about 60%, followed by China, and Europe, both have a share over 25 percent.
In terms of product, Cloud is the largest segment, with a share about 90%. And in terms of application, the largest application is Broadcast, followed by Streaming, Education and Corporate.
This report focuses on global and India Captioning and Subtitling Solutions market, also covers the segmentation data of other regions in regional level and county level.
India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.
India is a market full of opportunities, and the demand for Captioning and Subtitling Solutions will continue to grow rapidly in the future.
Global Captioning and Subtitling Solutions Scope and Market Size
Captioning and Subtitling Solutions market is segmented in regional and country level, by players, by Type and by Application. Companies, stakeholders, and other participants in the global Captioning and Subtitling Solutions market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2018-2029.
For India market, this report focuses on the Captioning and Subtitling Solutions market size by players, by Type and by Application, for the period 2018-2029. The key players include the global and local players, which play important roles in India.

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Segment by Type
• Cloud
• On-premises

Segment by Application
• Broadcast
• Streaming
• Educational Sector
• Corporate Sector
• Others

By Company
Verbit, IBM, Digital Nirvana, ZOO Digital Group, Ai-Media Technologies, Rev, NHK Global Media Services, 3Play Media, Telestream, ENCO Systems, Inc., Apptek, Capital Captions, VoiceBox, Acadecraft, Fujimic Inc., Japan Media Services, Forecross, CCJK Technologies, Lisan India

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https://reports.valuates.com/market-reports/QYRE-Auto-39Q15797/global-and-india-captioning-and-subtitling-solutions

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