> Industrial News > News   ABI: LBS to Grow from $515M (2007) to $13.3B (2013)   According to a new report from ABI Research, worldwide mobile Location-Based Services (LBS) revenue is expected to reach an annual global total of $13.3 billion by 2013, up from an estimated $515 million during 2007. This growth is both driven by the offer (an increased number of handsets offering GPS capabilities) and the consumer demand for such services, primarily navigation. Personal navigation, although expected to remain the most popular consumer application over the next several years, won't be alone: friend-finder, local information searches, family tracker applications, and enterprise applications (including workforce tracking and fleet management), will all find niches under the LBS umbrella. Comment: Though China LBS market is in starting stage compared with the flourishing global LBS market, China LBS services will enter a steady growing stage over the next three years. This is driven by the increasing maturity of LBS industry chain, operators’ enhancement of service promotion modes and forces, improved POI information providing, and growing maturity of map and solution providers.   Time:2008-04-28 Source:NaviForum Shanghai News Center Relative