43 mln US and European users to download mobile maps in 2012

According to Berg Insight, the number of mobile subscribers accessing maps and downloading routes using their mobile handsets in Europe and the USA is expected to grow from 4 mln users in 2007 at a compound annual growth rate (CAGR) of 60.8% to reach 43 mln users in 2012. Revenue from subscriptions and advertisement is expected to reach 512 mln euros by 2012 from 96 mln euros in 2007, a CAGR of 39.8%.