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This article looks at some of the **top transcription APIs and open source libraries available on the market today**, as evaluated by accuracy, pricing, documentation, and additional features offered. Three speech transcription APIs stand out in this category: AssemblyAI, Google Speech-to-Text, and AWS Transcribe. In addition to transcription APIs, there are a host of open-source transcription libraries available for public use. These are the top three options: Wav2LetterLetter, WAV2, Facebook, and Wartner.