Head to head / AI Transcription

Deepgram vs Speechmatics

The verdict
  • Deepgram has a free tier to start; Speechmatics does not.
ComparedDeepgramSpeechmatics
Accuracy (tested)95.6%Not tested
Starting price$0.13/hr
Free tierYes
Visit DeepgramVisit Speechmatics

Feature by feature

FeatureDeepgramSpeechmatics
Languages30+56+
APIYesYes (core product)
Real-timeYesYes
Speaker labelsYesYes (diarization)
Export formatsJSON, TXT, SRT, VTTJSON, TXT, SRT
Human optionNoNo

Deepgram

Developers who need fast, low-cost speech-to-text at scale, in real-time or batch.

  • +Nova-3 model, very low streaming latency
  • +Among the cheapest per-minute pricing
  • +Self-hosted / on-prem deployment option
  • +High-throughput batch processing

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.