The MarketWatch News Department was not involved in the creation of this content. The increase in the adoption of social media & smartphones, the easy availability of GPS, and the emergence of ...
According to the report, the "location-based services market" was valued at $45.4 billion in 2021, and is projected to reach $402.4 billion by 2031, growing at a CAGR of 24.6% from 2022 to 2031.
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