Captioning and subtitling solutions provides platform for video captioning and subtitling of digital media. 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.
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The global captioning and subtitling solutions market is growing rapidly. Demand for advanced content tools is on the rise among industries as they generate captions & subtitles of on-demand video assets and also support captioning for live broadcasts. Captioning and subtitling solutions have helped the broadcasting industry deliver subtitles (speech to text) on any media platforms. Furthermore, with increase in demand of streaming of content from media platforms, such as Netflix, YouTube, amazon, and others, the market for subtitles of captioning solutions has accelerated. For streaming platforms, captioning and subtitling solutions support translation and delivery of understandable language into subtitles & captions. Global demand for captioning and subtitling solutions is on the rise among production companies due to automation process features and new tools and resolution features offered by these solutions. Introduction of advanced technology, such as, Internet of Things and Artificial Intelligence is further boosting the growth of the global captioning and subtitling solutions market. Moreover, certain vendors in the market have introduced advanced captioning and subtitling solutions, integrating artificial intelligence technology into them, which has eased the process of editing & subtitling for the end-users.
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In the media industry, demand for advanced solutions is expected to rise in the near future for displaying of movies and series with adequate comprehensive subtitles & captions. Additionally, increase in demand for subtitling & caption in the education, content production, and broadcasting & video on demand (VOD) industries is anticipated to drive the global captioning and subtitling solutions market during the forecast period. The latest trend driving the market is the rise in the number of broadcast channels globally. Further, increase in R&D expenditure in the broadcasting industry and rise in adoption of advanced graphics & resolutions are expected to propel the global captioning and subtitling solutions market. Rise in IT investments in the broadcasting industry is anticipated to offer lucrative opportunities to the captioning and subtitling vendors across the world.
The global captioning and subtitling solutions market can be segmented based on deployment model, application, end-user, and region. On the basis of deployment model, the captioning and subtitling solutions market can be categorized into on-premise and cloud. In terms of application, the captioning and subtitling solutions market can be segmented into film production, commercial, television production, and others (streaming platform productions). The commercial industry can be further divided into gaming industry, animated films, advertising industry, and others. Based on end-user, the captioning and subtitling solutions market can be classified into corporate, government, broadcast, content producers, and education.
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Based on region, the global captioning and subtitling solutions market can be segmented into North America (NA), Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA). The captioning and subtitling solutions market in these regions has been further analyzed at the country level, wherein top countries in North America are the U.S. and Canada. Analysis of the global captioning and subtitling solutions market in Europe includes in the U.K., Germany, France, and Rest of Europe. Similarly, India, China, Japan, Australia, and the Rest of Asia Pacific have been considered for the analysis of the captioning and subtitling solutions market in Asia Pacific. Top countries in Middle East & Africa include GCC countries and South Africa, while those in South America comprise Brazil.
Major companies operating in the global captioning and subtitling solutions market include 3Play Media, Apptek, Telestream, LLC, Tell Language Solutions, IBM Corporation, Transcribe Now., EEG Enterprises, Compusult Limited, ZOO Digital Group plc. and Amara Enterprise.
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