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Location-based Services Market to Be Worth $327.6 Billion by 2031 - Exclusive Report by Meticulous Research® [Yahoo! Finance]
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Component, Technology (GNSS, GPS), Application (Navigation, Tracking), Location Type, End-use Industry (Government and Public Sector, Transportation & Logistics, Smart Cities), and Geography - Forecast to 2031 the global location-based services market is projected to reach $327.6 billion by 2031, at a CAGR of 15.9% from 2024–2031. Download Sample Report: https://www.meticulousresearch.com/download-sample-report/cp_id=5252 Location-based services (LBS) utilize the geographical location of devices to provide real-time insights to users and help businesses build strategies based on the data acquired. In recent years, location-based services have gained significant prominence and have become an integral part of organizations. Mapping, navigation and tracking, proximity marketing or target marketing, real-time traffic updates, location-specific weather reports, roadside assistance, mobile workforce management, fraud prevention, and other commercial applications are key features offered
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