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shared by Christian Derwein on 28 Apr 11 - No Cached

Canadian market research firm IE Market Research Corporation (IEMR) forecasts that global GPS/LBS devices shipments will rise from 526.3 million in 2011 to 946.7 million in 2015 for a CAGR of 15.8%.”
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GPS/LBS Devices Shipments to Rise 15.8% per Year until 2015
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“The key driver behind GPS Navigation adoption will be smartphones-- we forecast that global shipments of smartphones with GPS/LBS capability will increase from 297.7 million in 2011 to 604.9 million in 2015. This is the biggest growth among all the categories of GPS/LBS devices,” said Nizar Assanie, Vice President Research at IEMR.
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nnually for the next five years and smartphones with GPS/LBS capability growing between 17.9% - 20.1% annually,”
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