(LBS) Subs Will Total 315 Million in Five Years

From our fave magazine, Directions:

Company: ABI Research
Industry: Telecommunications, Wireless / Navigation, Location-based Services (LBS)
Location: New York, NY, United States of America
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.

Not if they don't get a move on (with development), they won't. Full article.

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