Location Based Services Market Accelerating Growth of Smart Transportation and Mobility Solutions
The lbs market is driving next-generation transportation solutions by offering real-time navigation, fleet management, and mobility-as-a-service (MaaS) capabilities. The Location Based Services Market was estimated at 42.01 USD Billion in 2024 and is expected to reach 188.08 USD Billion by 2035, with a CAGR of 14.6%. Transportation companies are leveraging LBS to optimize routes, reduce...
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