The 2024 State of ASR Report

Don’t let poor transcription obscure the facts. The right Automatic Speech Recognition (ASR) solution captures critical information with precision, from breaking news to legal proceedings. In this report:

Discover which ASR delivers the most accurate results

Improve your transcription to stay competitive

Avoid costly errors and work up to 120x faster

Rev's Accuracy Beats...

60.5%

24.1%

5.6%

5.3%

The 2024 State of ASR Report, an independent benchmarking study, shines a light on the importance of accurate AI transcription. This comprehensive analysis evaluated nine leading ASR providers, putting their performance to the test across a diverse range of real-world scenarios.

76%

of consumers are concerned about AI causing misinformation

Source: "Over 75% Of Consumers Are Concerned About Misinformation From Artificial Intelligence," Forbes Magazine

Unreliable ASR can cause errors, legal risks, and damage credibility. In contrast, high-fidelity ASR automates transcription, saves time, improves accessibility, and boosts productivity by reducing mistakes and allowing teams to focus on higher-value tasks.

40%

predicted improvement in workplace productivity using AI tools, like those that leverage ASR

Source: "2024 AI Business Predictions," PWC

The results are clear: Rev's ASR technology is supremely accurate, especially in challenging audio environments. This means you can trust that every word, quote, and data point captured by Rev's ASR will be faithfully represented.

47%

better than competitors in recordings in challenging environments

Source: "The 2024 State of ASR Benchmark Report"

Error Rate in Challenging Environments (The Lower, the Better)

Cutting through noise is crucial for understanding speech in challenging environments, even when some words are unclear. The chart below shows Word Error Rate (WER)—the lower the bar, the fewer the errors.
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