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2025 U.S. Industry Statistics & Market Forecast - Court Reporting and Stenotype Services
Market Size & Industry Statistics
The total U.S. industry market size for Court Reporting and 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.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Court Reporting and Stenotype Services industry include:- Increased demand for real-time transcription services
- Advancements in speech-to-text technology
- Rising need for legal proceedings documentation
- Shortage of qualified court reporters
- Growing use of remote court reporting services
- Expansion in language and accessibility services
- Heightened focus on data security and privacy
- Adoption of cloud-based reporting systems
- Integration of AI and machine learning technologies
- Expanding markets in arbitration and mediation sessions
Product & Services Breakdown
Research products and services in the Court Reporting and Stenotype Services industry generating sales. Note that products are broken into categories with different levels of classification.| Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
|---|---|---|---|
Industry Total |
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Stenographic Services (Include Court Reporting Services.) |
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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.
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 Average | Percent of Sales (Industry Benchmark) |
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|---|---|---|
| Total Revenue | Order at top of page |
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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 Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Court Reporting and Stenotype Services company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry 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 and Stenotype Services industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| 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). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Court Reporting and Stenotype Services measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry 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. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry 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. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| 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. |
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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.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 5% | Order at top of page |
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| Chief Executives | 0% | |||
| General and Operations Managers | 3% | |||
| Business and Financial Operations Occupations | 7% | |||
| Business Operations Specialists | 6% | |||
| Sales and Related Occupations | 17% | |||
| Other Sales and Related Workers | 8% | |||
| Telemarketers | 8% | |||
| Telemarketers | 8% | |||
| Office and Administrative Support Occupations | 61% | |||
| Financial Clerks | 9% | |||
| Bill and Account Collectors | 7% | |||
| Bill and Account Collectors | 7% | |||
| Information and Record Clerks | 39% | |||
| Customer Service Representatives | 36% | |||
| Customer Service Representatives | 36% | |||
| Other Office and Administrative Support Workers | 5% | |||
Court Reporting and Stenotype Services Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Court Reporting and Stenotype Services industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Court Reporting and Stenotype Services industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Court Reporting and Stenotype Services industry. |
Source:
Latest Industry News
- Finding stability and opportunity: Wilkerson found career in court reporting - Wilkerson said the career has been rewarding and she enjoys it. She enjoys the stability, her co-workers and the work that she does matters. She preserves the record and if there is an appeal, the attorneys and appellate courts rely on the transcripts that she has created. (07/07/2025)
- In Digital Era, Supreme Court Insists on Vast Piles of Paper - The court’s rules require many litigants to submit 40 copies of their briefs, resulting in millions of pages printed each term. Critics call the process outdated and wasteful. (07/07/2025)
- Flawed fix for lack of court reporters - When it comes to Californians’ right to fairly access our justice system, few things are more maddening than learning that artificial impediments such as limits to government’s ability to use (07/02/2025)
- California Doesn’T Have Enough Court Reporters. Their Unions Are Fighting Substitutes - The most serious cases, such as felony criminal proceedings, get priority for a court reporter, leaving other hearings without a written record on busy days. Almost all of California's major civil cases go without one; more than half of all family law and probate cases have no reporter present, according to the judicial branch. (06/30/2025)
- Regulatory Reporting Services | Bloomberg Professional Services - Bloomberg’s Regulatory Reporting Services is a suite of solutions for firms impacted by evolving regulatory trade and transaction reporting demands, across all markets — including buy-side ... (06/20/2025)
- Olympia explores City Hall use for court services | The Olympian - Olympia considers housing municipal court at City Hall or 108 State Avenue. Interlocal Agreement shifts criminal court services to Thurston County in 2025. Court remodel at City Hall may cost $1 ... (06/18/2025)
- We need to engage media in court reporting training – Justice Bartels-Kodwo - MyJoyOnline.com - Supreme Court Justice nominee, Janapare Bartels-Kodwo, has advocated for mandatory training for journalists covering court proceedings to ensure accurate reporting. Appearing before Parliament’s ... (06/17/2025)
- Supreme Court revives lawsuit over mistaken FBI raid - The Supreme Court on Thursday revived an Atlanta family’s lawsuit over a botched FBI raid on its home in 2017 but put off deciding the case’s ultimate fate. In a unanimous decision, the justi… (06/12/2025)
- Federal court orders resumption of legal services to separated families - A district court judge on Tuesday ordered the federal government to restore its contract with an organization providing legal services to families who were separated during President Donald Trump ... (06/11/2025)
- Former operators of Nashville Kats lose court case for unpaid advertising services - The Davidson County General Sessions Court recently awarded a judgment in favor of I-MPACT Marketing, a marketing and strategy firm, for the unpaid services and associated attorney’s fees and ... (05/09/2025)
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