Monday, 16 July 2007

LBS To Be Worth 1.5 Billion in 2007

The worldwide market for location-based telecommunication services is expected to reach nearly $1.5 billion in 2007 as an ever increasing number of cellular and other wireless carriers provide customized services based upon a location-awareness of their end-users.

Insight ResearchInsight Research's market analysis study, entitled "Location Based Services Market 2007-2011," notes that location-based services are part of a worldwide push by carriers to create new IP-enabled services for consumers and business users.

Via: Lbszone

Redcoal Says: I hope so...

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