GPS-Enabled Location-Based Services (LBS) Subscribers Will Total 315 Million in Five Years

GPS-Enabled Location-Based Services (LBS) Subscribers Will Total 315 Million in Five Years

"In 2011, the total population of GPS-enabled location-based services (LBS) subscribers will reach 315 million, up from 12 million in 2006, according to a new study from ABI Research. Put another way, that represents a rise from less than 0.5% of total wireless subscribers today to more than 9% worldwide at the end of the study's 5-year forecast period.

'Regions of greatest growth will be North America and Western Europe,' says senior analyst Ken Hyers. 'The Asia-Pacific region will have strong growth as well, but it will vary by market. Leaders South Korea and Japan will continue to be engines of LBS growth, but North America, which has seen strong business use for several years, is expected to see significant consumer uptake in 2007 and beyond.'"