AssemblyAI vs Deepgram vs Whisper API vs Speechmatics

A side-by-side look at scores, pricing and features — with RECATOOLS' ASEAN-aware verdict for each.

AssemblyAI Speech-to-text, speech understanding and voice-agent APIs for develope... Visit Deepgram Speech-to-text, text-to-speech and voice-agent APIs for developers Visit Whisper API OpenAI's open speech-to-text model; the hosted API retires in 2027 Visit Speechmatics Speech-to-text API pitched at accents, noise and mixed-language audio Visit
RECATOOLS Score 7.8 / 10 8 / 10 8.3 / 10 8 / 10
Capability 8 8 8.5 8.5
Value for money 7 8 9 7
Ease of use 8 7 6 6.5
ASEAN readiness 6 6 6.5 6.5
API quality 9 9 8.5 8.5
Pricing Usage_based Usage_based Freemium Usage_based
Free tier Trial allowance, not a lasting plan: up to 185 hours of pre-recorded or 333 hours of streaming transcription, no card $200 one-time credit on Pay As You Go: no credit card, no expiry; promotional credits are non-transferable The open-source Whisper model is free to run yourself under the MIT licence; the hosted API is paid No lasting free plan: a one-off $100 starter credit (trial), no card needed, with 2 real-time sessions
Paid from $0.15/hour (Universal-2 pre-recorded or Universal-Streaming, pay as you go) Usage-based: Nova-3 batch $0.0043/min; streaming $0.0048/min promo (regular $0.0077) $0.006 a minute for the whisper-1 API (removal scheduled 26 Feb 2027) $0.12/hour (Melia 1 pre-recorded transcription, pay as you go)
Has API ✓ ✓ ✓ ✓
Open source ✗ ✗ ✓ ✗
Free to use ✗ ✗ ✓ ✗
Users — 200,000+ developers — —
Founded 2017 2015 2022 2006
Maker — — OpenAI —
Verdict

AssemblyAI is one of the more complete speech APIs: accurate recorded and live transcription, a long list of per-hour add-ons, clear published prices from $0.15 an hour, good documentation and a free starting allowance t...

Deepgram is one of the strongest speech APIs for developers: fast, accurate, per-second billing, and a coherent stack for building voice agents, now with an APAC headquarters in Singapore and growing Southeast Asian lang...

The open-source Whisper model is still one of the most useful pieces of speech technology available: free, MIT-licensed, multilingual and runnable offline through projects such as whisper.cpp and faster-whisper. It does...

Speechmatics is serious speech infrastructure for teams that will call an API: published per-hour prices by model, real-time and batch transcription, code-switching across languages and a voice-agent model built for fast...

Full review → Full review → Full review → Full review →
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Comparisons cover up to 4 tools. Scores are RECATOOLS editorial assessments; verify current pricing on each vendor's site.