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The Canadian software market was valued at US$3.5 billion in 1998. In 1999 this market is projected to be worth US$4.1 billion and is expected to grow at an annual rate of approximately 12-14 percent between 1999 to 2001. Software sales will be driven by continued growth in the use of the Internet, Intranets and deployment and development of associated applications.
Benefiting from the lowest software manufacturing costs in the G-7, Canadian software development firms are world leaders in numerous sector niches including: Data & Document Management, Network Management, Customer Relationship Management, Digital Media, Middleware and toolkits, Specialized software such as flight simulation, risk management, distance learning, GIS software,
Speech recognition technology enables a computer to respond to the human voice in place of a keyboard or mouse. Three major players are, IBM, Dragon Systems, and Lernout and Hauspie (L&H).
Speech recognition is a rapidly growing area of the Canadian software market.
The move toward standardization in speech technology will result in the development of a wide range of SRS applications and will further SRS market growth in Canada.
The VoiceTIMES alliance members include Dictaphone, Digital, IBM, Intel, Norcom Electronics, Olympus and Philips. VoiceTIMES' goal is to coordinate the technical requirements needed for companies to build and deploy solutions using voice technologies and handheld mobile devices.
Key applications include: