Head to head / AI Transcription

AssemblyAI vs Speechmatics

The verdict
  • AssemblyAI has a free tier to start; Speechmatics does not.
  • Speechmatics is cheaper to start ($0.13/hr vs $0.15/hr).
ComparedAssemblyAISpeechmatics
Accuracy (tested)96.9%Not tested
Starting price$0.15/hr$0.13/hr
Free tierYes
Visit AssemblyAIVisit Speechmatics

Feature by feature

FeatureAssemblyAISpeechmatics
Languages99+56+
APIYesYes (core product)
Real-timeYesYes
Speaker labelsYesYes (diarization)
Export formatsJSON, TXT, SRT, VTTJSON, TXT, SRT
Human optionNoNo

AssemblyAI

Developers who want a speech-to-text API with built-in audio intelligence like summarization, sentiment, and LLM queries.

  • +Universal-2 model, strong English accuracy
  • +LeMUR runs LLMs over your transcripts
  • +Sentiment, topics, PII redaction built in
  • +Generous free credit to start

Speechmatics

Teams and developers needing accurate, accent-robust transcription with on-prem and enterprise deployment options.

  • +Strong accuracy across accents and dialects
  • +Speaker diarization and custom dictionary included
  • +Generous free tier (~50 hours/month)
  • +Real-time and batch, plus on-prem deployment

Compared on the metrics we track for this category. Prices are the cheapest paid tier. Some links are affiliate links.