Mobile location-based services worth £6.6 billion by 2013

ABI Research says Mobile Location Based Services (LBS) are starting to grow, thanks to the incorporation of GPS capabilities in mobile phones. They reckon the revenue from LBS will reach $13.3 billion worldwide by 2013, up from around $515 million in 2007. Personal navigation is expected to remain the most popular service, although friend finding is expected to become increasingly popular. [Press release]