Location Services: $3.3B by 2013
Posted by Sam Churchill on August 4th, 2008ABI Research predicts the location-based services industry will turn into a $3.3 billion market worldwide by 2013, reports Silcon Alley Insider.
Location-based mobile advertising “holds a lot of promise,” notes ABI analyst Dominique Bonte. But “the current reality” suggests licensing and subscription revenue-sharing — like Loopt’s recent deal with Verizon Wireless — the most likely near-term [...]
