"Since Apple launched and introduced the iTunes stores the mobile industry has rushed to embrace the sale of applications. iSuppli estimates that in Q1 2010, Apple's share of revenue from the sale of applications developed for the iPhone is expected to be $200 million, but that the greater part of the revenue -- 70% -- will go to the developers. As an application developer, LOCiMOBILE represents the premium App based services like off-board navigation and PLS which are in great demand."
Mobile GPS technology first became available a few years ago and as Smartphone performance increased and cost decreased our 2 way GPS technology became more feasible to launch. eMarketer estimates there will be over 63 million location-based service users worldwide this year, and 486 million by 2012.