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ABI Research Identifies Personal Tracking as the Next Billion Dollar GPS Market
IRVINE, Calif.--(BUSINESS WIRE)-- Location Based Technologies, Inc. (OTCBB:LBAS - News) a leading provider of personal and commercial A-GPS tracking solutions, announced today that it was cited in a study by ABI Research, which concluded that personal tracking devices would become a billion dollar market by 2017, with an estimated compound annual growth rate of 40%. The article further estimated that the addressable US market is comprised of 120 million people. Read more here.
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