Cell Phone GPS Use To Grow Markedly: Report
MediaPost is reporting that revenue from location-based services is expected to hit $13.3 billion by 2013—up from an estimated $515 million in 2007—and it’s being driven by an increase in GPS-enabled handsets:
“A new study by ABI Research also projects personal navigation and enterprise-related services will generate the highest sales—worth about $4.3 billion and $6.5 billion respectively, per year, by 2013. Other categories expected to take off in the next several years include friend-finder and family-tracker applications and location information services.”
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