Global Positioning System receivers are poised to play a "critical role" in wireless communications as a result of the United States Federal Communications Commission's E911 directive, and location based services are expected to follow on the heels of the mandate, according to tech research firm Frost & Sullivan.Read more here.
The prolific analyst firm finds that successful E911/LBS products and services will "require products with features that can implement GPS in mobile telephones."
Frost & Sullivan's report, "Strategic Analysis of GPS Chipset Market," concludes that the market earned revenue of $207 million in 2004, and estimates it will reach $589.1 million in 2008.
Technorati Tags LBS, Location Based Services, E911, David Sims, TMCNet,
1 comment:
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