In 2025, speech-to-text technology has achieved significant advancements, with top systems demonstrating over 90% accuracy under optimal conditions. However, real-world performance can vary widely due to factors like audio quality, accents, and domain-specific language. Accuracy in speech-to-text is not solely about transcribing words correctly but also involves handling punctuation, speaker changes, and context-dependent phrases. The industry standard for measuring accuracy is Word Error Rate (WER), which calculates the percentage of errors in a transcription compared to a human-generated transcript. Despite high benchmark performances, real-world applications face challenges, such as background noise and diverse accents, which can impact accuracy. Different applications have varying accuracy requirements; for instance, legal and medical transcriptions demand near-perfect accuracy due to the high stakes involved. Developers can optimize accuracy by improving audio quality, using custom vocabularies, and employing multi-pass processing. As technology advances, incorporating larger datasets, multimodal approaches, and real-time adaptation further enhances the potential of speech recognition systems.