Location-based services to generate 274 mln euros in Europe in 2005

Revenues from mobile location-based services (LBS) in the European market will grow by 153% during 2005 to reach 274 mln euros, according to Berg Insight. For the coming 5 years, the average annual growth rate is expected to be 83%.

Revenues from mobile location-based services (LBS) in the European market will grow by 153% during 2005 to reach 274 mln euros, according to Berg Insight. For the coming 5 years, the average annual growth rate is expected to be 83%.

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