70 million people will be using mobiles for navigation by 2014

By 2014, 70 million people will be navigating by using their mobile phones. That's the conclusion of a new research report from Berg Insight. They say the number of mobile customers downloading routes using their handsets is expected to grow by 27.9% per year from 16 million users in 2008 to 70 million users in 2014. Revenue from subscriptions and advertisements is expected to grow by 22.4% per year during the same period, hitting €597 million in 2014. [Press release]