North America currently dominates the location-based services market with 81% of LBS revenue in 2007. But the Asia-Pacific region is set to challenge that position, with a share of 27% of the market by 2013, up from 11% last year, according to a new study form ABI Research.
By 2013, North America will account for only one-third of the LBS market, and Western and Eastern Europe’s combined LBS revenues will jump from 5% to 31%, said ABI.
Asia-Pacific set to take over LBS revenue lead
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