What can $10,000,000 buy?
According to a new report from ABI Research, Location Aware Services revenues are forecast to reach an annual global total of $13.3 billion by 2013, up from an estimated $515 million during 2007.
Domestic “location-based mobile social networking revenues will reach $3.3 billion by 2013,” says ABI Research principal analyst Dominique Bonte – personal navigation: friend-finder, local information searches, family tracker applications, and enterprise applications (including workforce tracking and fleet management), will achieve significant shares of those revenues in the Location Aware Services category – read more about:: seven important aspects of Location Aware Applications
Adequate funding for development and deployment of bi-directional GPS solutions is key to realizing the sales potential of people finding technology. GTXCorp, a leader in personal location services has secured a $10,000,000 credit line from Dutchess to meet is projections through 2012.
Location Based Services November 19th, 2009
