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2018 Market Analysis & Industry Outlook: Court Reporting & Stenotype Services


Overview: the U.S. Court Reporting & Stenotype Services Industry

This section provides answers to key questions about the industry:

  1. What is the total market size (industry revenue)?
  2. What is the industry outlook?
  3. Market Analysis: Is the market growing or declining, and how quickly?
  4. Are long-term forecasts positive or negative?
  5. What is the average company size in the industry?
  6. How many companies are in the industry?


Market Size & Industry Statistics

The total U.S. industry market size for Court Reporting & Stenotype Services: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.



market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Court Reporting & Stenotype Services industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Stenographic Services (Include Court Reporting Services.)



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Court Reporting & Stenotype Services company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Court Reporting & Stenotype Services industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Court Reporting & Stenotype Services measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 3%

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Chief Executives0%
General and Operations Managers2%
Sales and Related Occupations 23%
Other Sales and Related Workers 16%
Telemarketers 15%
Telemarketers 15%
Office and Administrative Support Occupations 60%
Financial Clerks 13%
Bill and Account Collectors 11%
Bill and Account Collectors 11%
Information and Record Clerks 31%
Customer Service Representatives 29%
Customer Service Representatives 29%
Other Office and Administrative Support Workers 8%
Source: Bureau of Labor Statistics


Court Reporting & Stenotype Services Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate









Innovation News

  • Deposition Solutions trademarks "LEXITAS" - Deposition services - 02/27/2018
  • Personal Court Reporters trademarks "PERSONAL" - Court reporting - 02/21/2018




  • Top Innovators

    CompanyInnovation Score
    Deposition Solutions
    Personal Court Reporters

    Additional companies, details and innovation scoring in the full report.

    Latest Industry News

    • Court reporting makes comeback as more legal proceedings demand human touch - Students spend their first months trying to learn a special type of stenotype shorthand — but they no longer have to reach for paper when a judge says “Readback.” Today’s court reporters can ... city and state civil service, which means a union ... (06/04/2017)
    • Richmond Court Reporting Firm, Cook and Wiley, Celebrates 30 Years in Business - Bringing nearly twenty years of experience as a professional stenotype ... the court reporters have over ten years of experience with Cook and Wiley. Some have been with the firm as long as twenty years. Cook and Wiley provides court reporting services ... (12/02/2014)
    • Research and Markets Offers Report: Court Reporting Services in the US - The industry also includes court reporting and stenotype services and business services not elsewhere classified. The former comprises establishments primarily engaged in providing verbatim reporting and stenotype recording of live legal proceedings and ... (12/11/2013)
    • Western Pennsylvania feels shortage of court reporters - Trained reporters are drawn to more lucrative jobs in television closed-captioning and other voice-to-text services for the hearing ... Some liken court reporting to playing a piano. The stenotype machine used by court reporters has 23 keys, each ... (11/16/2013)
    • Macon County court reporters find their niche with speed, accuracy - “In the first six months of class, you learn the home row and theory (which helps them type and read stenotype),” Kelly Geisler, supervisor of court reporting services, said. “From there, you usually work on building your speed.” To become ... (08/07/2013)
    • Court reporters have a front-row seat to history - Back in 1828, when the author took up court reporting at the age of 16, his tools of the trade were pen and paper. But today’s court reporters have many new tools that ... which also provides court reporting services in Duval County. (08/12/2012)
    • Research and Markets: 2010 U.S. Court Reporting & Stenotype Services Industry Report - has announced the addition of the "2010 U.S. Court Reporting & Stenotype Services Industry Report" report to their offering. The U.S. Court Reporting & Stenotype Services Industry report, published annually, contains timely and accurate industry statistics ... (05/24/2010)
    • Officials: Wisconsin’s court reporters shortage to get worse - Pete Wacht, spokesman for the National Court Reporters Association in Vienna, Va., said it’s in part due to growing government mandates for services for the hearing ... if it will be there,” Wacht said. The stenotype machine that court reporters ... (12/25/2007)
    • J. Bass, Owned Court Reporting Services Company - Bass, owner of Bass Reporting Services ... and the Stenotype Institute of Wsahington, D.C., he came to Fort Lauderdale in 1958 and went to work for Gilbert Reporting Service in the old Tropical Arcade building. That firm, which was the only court reporting ... (08/11/1991)
    • TROUBLED NEW YORK STENOTYPE SCHOOL CLOSES - The owners of a New York school for court reporters, faced with a class ... The Higher Education Services Corporation, which administers financial aid programs, is also reviewing the Stenotype Institute's procedures. With the school closed, many students ... (06/15/1986)


    Government Contracts

    In 2016, the federal government spent a total of $48,830,389 on Court Reporting & Stenotype Services. It has awarded 4,650 contracts to 1,345 companies, with an average value of $36,305 per company.   

    Top government vendors:

    CompanyFederal ContractsTotal Award Amount





    Segments classified within this market research report

    This industry market research report includes companies whose primary business is any of the following:
    Closed captioning services, real-time (i.e., simultaneous), Public stenography services, Real-time (i.e., simultaneous) closed captioning of live television performances, meetings, conferences, and so forth, Stenography services, public, Stenotype recording services, Court reporting services, etc.



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