Loopt - GPS based social networks

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	Loopt - GPS based social networks

gfurnas

6-17-2008 9:36 PM

218 views

gfurnas says:

.. and a 13 Billion forecast for LBS.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/dca0ff42-1aa2-4c3f-bdcb-7ab4893d0271/AD6DCDFF-2663-4C09-818A-ADEDCB07B5E0/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://news.yahoo.com/s/cmp/20080617/tc_cmp/208404360" href="http://news.yahoo.com/s/cmp/20080617/tc_cmp/208404360" style="font-size: 11px;">news.yahoo.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/cmp/20080617/tc_cmp/208404360"><P>
As more cell phones feature integrated <A href="http://us.rd.yahoo.com/dailynews/cmp/tc_cmp/storytext/208404360/27904868/SIG=125qvqqnt/*http://www.techweb.com/encyclopedia/defineterm.jhtml?term=GPS&x=&y=">GPS</A> capabilities, the market for location-based services is poised for rapid growth. According to a recent <A href="http://us.rd.yahoo.com/dailynews/cmp/tc_cmp/storytext/208404360/27904868/SIG=12t4100v3/*http://www.informationweek.com/news/personal_tech/gps/showArticle.jhtml?articleID=207001893"><SPAN id="lw_1213677383_16" class="yshortcuts">report</SPAN></A> from ABI Research, revenue from this market is expected to rise from $515 million to $13.3 billion in the next five years.
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While enterprise applications like workforce tracking are expected to produce the most revenue, the ability to find and interact with friends could be a valuable market. Loopt is already facing competition from other location-based <SPAN id="lw_1213677383_17" class="yshortcuts">social networking services</SPAN> like <A href="http://us.rd.yahoo.com/dailynews/cmp/tc_cmp/storytext/208404360/27904868/SIG=10o90srmc/*http://brightkite.com/"><SPAN id="lw_1213677383_18" class="yshortcuts">Brightkite</SPAN></A> and <A href="http://us.rd.yahoo.com/dailynews/cmp/tc_cmp/storytext/208404360/27904868/SIG=10nr5mhuk/*http://www.whrrl.com/"><SPAN id="lw_1213677383_19" class="yshortcuts">Whrrl</SPAN></A>.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/AD6DCDFF-2663-4C09-818A-ADEDCB07B5E0/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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