Global Location-Based Services Market The globa..

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Global Location-Based Services Market

The global Location-Based Services market is experiencing significant growth. It reached a valuation of USD 73.78 billion in 2024 and is projected to expand at a CAGR of 25.3% from 2025 to 2034, reaching USD 562.30 billion by 2034. Location-based services have revolutionised how businesses and consumers interact, with advancements in global positioning systems (GPS), Wi-Fi technology, and mobile networks. LBS have become integral to several industries, including retail, healthcare, transportation, and entertainment, providing real-time, location-specific services to users.

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Location Based Services Market Size, Share & Forecast [2034]

The global location based services market attained a value of USD 73.78 billion in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 25.3% to reach USD 562.30 billion by 2034.

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Location Based Services Market Size, Share & Forecast [2034]

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