Location, Location, Location Based Services
Date: Tuesday, March 18 @ 18:51:36 UTC
I firmly believe that Location Based Services (LBS) will disrupt as many markets as the World Wide Web did in the late 90s.
LBS services include finding the nearest restaurant, petrol station (and price alerts) and ATM or alerting you to traffic jams or speed cameras. They can also assist in locating pets, children or Alzheimer's sufferers.
The technology industry as a whole is beginning to recognise the power of 'always-on' connected LBS and community networks and is full of ideas that are changing the way people interact. After a shaky start, the LBS market is enjoying a growing maturity and the focus now is firmly on innovation and profitability.
Market research firm ABI predicts that the global GPS market will grow to more than $22 billion by the end of 2008 with handset navigation and people tracking witnessing the highest growth. It is expected that ALL new mobile devices will carry GPS and LBS technology within 5 years.
According to a report by Telephia, adding GPS to a mobile phone now costs the provider less than $3 and has therefore increased consumer demand for LBS greatly.
With this in mind we have created a new dedicated Location Based Services forum that we are sure will grow in popularity to reflect the growth in usage.
Click here to discuss...