Location-Based Services Market Outlook The global location-based services (LBS) market, valued at USD 73.78 billion in 2024, is poised for substantial growth, with a projected CAGR of 25.3% from 2025 to 2034, reaching USD 562.30 billion by 2034. The increasing adoption of smartphones, GPS-enabled devices, and IoT technologies has significantly contributed to the expansion of LBS across various...