Cloud dictation solutions is a voice productivity software which assists in recording and editing the spoken word in real-time, and are further used to make transcripts. This cloud solution is a SaaS based service which combines digital dictation, work sharing, and smartphone apps.
Nowadays, smartphones such as iPhone, Android, Windows and Blackberry are used as a digital dictation device with instant transcription in the cloud.From one simple web interface, administrators of cloud dictation solution can add or remove users, assign author/typist workflow, manage dictation archive, backup and download dictations, search for dictations and overview each user’s system usage.
Cloud dictation solution is incorporated in enterprises to mobilize their professionals and give them the ability to dictate from anywhere, to anywhere from almost any device.
Adoption of digital dictation owing to increased digitization, adoption of cloud-based services, rise in usage of smartphones, increasing investments by enterprises in SaaS based services, and continuous change in business workflow processes owing to modern IT trends and hardware devices are some factors driving the growth of cloud dictation solution market.
However, high initial investment, data security issues, and lack of skilled workforce are some factors restraining the growth of cloud dictation solution market.
Cloud dictation solution market can be segmented on the basis of dictation system, end-user size, industry vertical and region wise. On the basis of dictation system it can be sub-segmented into portable recorder, computer dictation microphone, call-in dictation system, and mobile phone applications.
On the basis of end-user size cloud dictation solution market can be further segmented into large enterprises and small and medium enterprises. On the basis of industry vertical it can be categorized into IT and Telecom, Healthcare, Travel and Hospitality, Government, Manufacturing, Retail, Media and Entertainment, Energy and Utility, and Others.
Region wise global cloud dictation solution market can be segmented into North America, Europe, Asia-Pacific, Middle East and Africa and Latin America.
One of the important trends happening in the cloud dictation market is enabling dictation systems through smartphone application focused on high security of dictations such as SpeechLive dictation workflow solution developed by Speech Processing Solutions.
This solution encrypts the dictations while recording and storing it in cloud. Another trend in this market is SpeechScribe service, which is a transcription service that does the typing as the person speaks such as.
Some of the prominent players in the cloud dictation solution market include BigHand, Cloud Dictation, VoiceCloud, iScribe Healthcare, Inc., Arrendale Associates, Inc., and Speech Processing Solutions.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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