New analysis from Frost & Sullivan , 2010 North American Consumer Location-based Services (LBS) Market – The Wireless Carrier Opportunity, finds that the wireless carrier-generated segment of the North American consumer LBS market amounted to on-deck application software revenues of approximately $718 million in 2009 and forecasts this to reach $1.58 billion in 2015.
Posts Tagged: location-based-service
With cell phones increasingly becoming the nexus of the burgeoning markets for navigation and Location Based Services (LBS), the use of GPS technology in such platforms is set to explode during the coming years, according to iSuppli.
According to a new report from Berg Insight, mobile location-based service revenues in Europe are forecasted to grow from € 220 million in 2009 at a CAGR of 12 percent to reach € 420 million in 2015.