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GPS Tracking - growth area of business opportunities for techies

September 19th, 2007 · No Comments

Since the Defense Department made its GPS signals available for commercial use in 1993,
the market for location-based GPS services has grown to nearly $5 billion,
and that’s the beginning.  It will continue to create more applications, services and business opportunities in the coming years.
The demand for these services is expected to triple in the coming few years and offering new business opportunities to high-tech entrepreneurs. 
The three hot growth areas – tracking, navigation, and hardware promise to be multibillion dollar growth areas by 2010.

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