What is Closed Captioning Services Market Scope?
Closed captions, also referred to as English subtitles, appear as text on the bottom of the screen, and typically represent the speech between characters on television or computer. Closed captions not only help videos rank higher in search results, but they also increase accessibility, boost engagement, and improve the overall viewer experience. Adding closed captions to the video is an essential component of production, especially if the aim is to get the video content in front of a larger audience. Online video viewing continues to gain momentum. In today’s world, 87% of online marketers use video content. This poses as an opportunity for growth in demand in closed captioning services.
Market Growth Drivers:
Online Video Consumption Is Growing and Performance and Quality Expectations Are Rising For Online Content
Restraints:
Foreign Language Content Makers Are Less Likely To Make Use of the Service
Opportunities:
Increasing Use of Video Content by Online Marketers
The Closed Captioning Services market study is being classified by Type (Standard and Premium), by Application and major geographies with country level break-up.
Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of North America Closed Captioning Services market throughout the predicted period.
Cielo24 (United States), Indelible Creative Services (Canada), GoTranscript (United Kingdom), 3Play Media (United States), Rev (United States), CaptionLabs (United States), Crimson Interactive Inc. (United States), Landmark Media Solutions (United States), Vanan Captioning (United States) and Adobe (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are CaptioningStar (United States), Dotsub (United States), 20/20 Captioning (United States), Aberdeen Broadcast Services (United States) and Speechpad (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of North America Closed Captioning Services market by Type, Application and Region.
On the basis of geography, the market of Closed Captioning Services has been segmented into North America (United States, Canada, Mexico).
Federal Communications Commission (FCC) has laid down rules for TV closed captioning to ensure that viewers who are deaf and hard of hearing have full access to programming, address captioning quality and provide guidance to video programming distributors and programmers. According to FCC, “Captions must match the spoken words in the dialogue and convey background noises and other sounds to the fullest extent possible. Captions must coincide with their corresponding spoken words and sound to the greatest extent possible and must be displayed on the screen at a speed that can be read by viewers. Captions must run from the beginning to the end of the program to the fullest extent possible. Captions should not block other important visual content on the screen, overlap one another or run off the edge of the video screen.”
Key Target Audience
Closed Captioning Services Developers, Downstream Vendors, Closed Captioning Services End-Users and Others
Closed Captioning Services Market Study: Important Years
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Closed Captioning Services Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Closed Captioning Services industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.