The global location-based services (LBS) market, valued at USD 60.01 billion in 2024, is projected to expand at a compound annual growth rate (CAGR) of 16.5% from 2025 to 2034, driven by the convergence of advanced positioning technologies, mobile ubiquity, and increasing demand for real-time geospatial intelligence. This growth trajectory is not uniform across geographies, as regional...
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