Privacy-first meeting transcription that never trains external LLMs

Privacy-first meeting transcription that never trains external LLMs targets a $6.0B = 2M businesses × $3K ACV (annual average for meeting-capture and speech-to-text across enterprises and regulated SMBs) total addressable market with medium saturation and a year-over-year growth rate of 18% YoY (speech-to-text and meeting analytics market CAGR, MarketsandMarkets 2024 estimates).

Key trends driving demand: Enterprise AI adoption — as companies add AI-powered features they increase demand for contractual and technical data-use guarantees.; On-device and private-hosted models — smaller, efficient speech and language models now make client-side or private-cloud processing feasible.; Regulatory and procurement scrutiny — procurement teams now require explicit language around training data and vendor model usage.; Remote-first work persistence — distributed teams continue to rely on recorded meetings and searchable knowledge, sustaining demand for transcription..