Location Based Services set to Boom

Frequent readers of GPS Lodge may have seen that I expect mobile phone navigation to explode this year, and here is an article that talks about the broader landscape of location based services and how it is ready to more than double in sales this year and next. According to an article on Computer World, Brent Iadarola, an analyst at Frost & Sullivan, said revenues for location services in the U.S. were about $208 million last year, but that number that should hit $605 million by the end of this year and is expected to double to $1.3 billion at the end of 2008. The number of users of location services by the end of 2008 should exceed 17 million, and it will reach nearly 70 million in 2011, he said.

Roughly speaking this includes mobile phone navigation but it also includes services that help track municipal vehicles, and allow you to track your running workouts via your mobile phone. Big growth ahead!

ReadMore at Computer World

Read More in: GPS News

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