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2026-05-19 10:09:40

Ride-Hailing and Delivery Apps Drive Demand for Geolocation Services

The global location based services market size was estimated at USD 44.64 billion in 2025 and is projected to reach USD 133.93 billion by 2033, growing at a CAGR of 14.9% from 2026 to 2033. The increasing adoption of GPS-enabled smartphones and the rapid expansion of mobile internet connectivity are playing a major role in accelerating the growth of the Location-Based Services (LBS) market....

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