Posted on Tuesday, June 29th, 2010 at 10:11 am
According to a new research brief from Berg Insight, LBS (location-based services) in Europe are expected to grow rapidly over the next four to five years.
Berg Insight notes that it expects LBS service revenues for the segment could grow at about a 12.2 percent compound annual rate from approximately $270 million last year to about $515 million in five years from now.
