Thursday, May 24, 2012
   
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News on GIS, GNSS, spatial information, remote sensing,
mapping and surveying technologies for Asia – ASM

Location-Based Services Worth $10B by 2016

Location-based services are expected to bring in $10 billion in revenue by 2016, according to research firm Strategy Analytics. The biggest chunk, just over 50 percent, will come from location-based search advertising. The firm said the biggest obstacle is consumer privacy concerns about location data, something that has been stoked lately by recent questions about tracking from iPhones and Android devices. Read More

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