Court Reporting - Market Size
According to the latest data, there were 14,490 court reporters employed in the US Courts System. The total size of the court reporting market in the US was $2.4 billion in 2017, with an annual growth rate of 4.4%. The largest providers of court reporting services are Sp Wind Down, Inc.; Total Emed, Inc.; Johnson Perry & Associates; Atkinson-Baker, Inc.; Spheris Holding III, Inc.; Webmedx, Inc.; Orange Legal, Inc.; Diamond Reporting, Inc.; Catuogno Court Reporting and S; and Medscribe Info Systems, Inc.
COURT REPORTING — MARKET SIZE
- The court reporting and stenotype services market size in the US was $2.4 billion in 2017, with an annual growth rate of 4.4%.
OTHER USEFUL INSIGHTS:
- The US Courts System categorizes court reporting services based on transcript delivery time; such as, Realtime Transcript, Hourly Transcript, Daily Transcript, 3-Day Transcript, Expedited Transcript (7 day), 14-Day Transcript, and Ordinary Transcript (30 day).
- The pricing of court transcription services varies from $3.05 per transcripted page (Realtime Transcript) to $3.65 for a full transcript delivered within 30 days. Pricing increases based on the speed of transcript delivery.
- In May 2018, there were 14,490 court reporters employed in the United States.
- According to the NAICS, key players in the US court reporting market by revenue are Sp Wind Down, Inc.; Total Emed, Inc.; Johnson Perry & Associates; Atkinson-Baker, Inc.; Spheris Holding III, Inc.; Webmedx, Inc.; Orange Legal, Inc.; Diamond Reporting, Inc.; Catuogno Court Reporting and S; and Medscribe Info Systems, Inc.
We began our investigation with an inquiry into the relevant database, industry analysis, and news sites. While we were able to locate the total market size for court reporting in the United States, we were unable to identify any detailed, sub-segmentation information on the percentages of transcripts made for court proceedings or transcripts made for depositions and examinations under oath. What information we were able to identify concerned the number of court reporters employed, the pricing of transcripts, and the like.
To locate the required data, we expanded our search first to databases (both government and industry) and market reports (e.g., Market Research, Anything Research, Kentley Insights, IBIS World, Future Market Insights, The Bureau of Labor Statistics, the US Court System, the US Census, and American Fact Finder) containing industry data. As we previously mentioned, most of the information we uncovered through these inquiries was for the number of court reporters and transcript pricing.
Our next step was to identify key firms within the court reporting market to use any publicly available data concerning their clientele as a way of uncovering the requested percentage data. At the very least, we sought to gain an overview of the segmentation data. However, we discovered that most of the entities are, effectively, publishing services that offer no in-depth information on the market they serve.
Our final strategy was to expand the historical scope of our search beyond our limitations for timely references. We then investigated historical trends; transcription segmentation case studies; legal transcription reports; law journals; court proceeding case studies; court reporter association reports (e.g., the National Court Reporter Association, the National Verbatim Reporter Associations, and the US Court Reporter Association); legal transcription services; The Journal of Court Reporting; Harvard; The Multidisciplinary Digital Publishing Institute, and the Athens Journal of Law. Despite this extensive search, we were unable to locate the requested segmentation information.