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The Global Mobile Location-Based Services Market has finally caught up to the hype over the last few years and is expected to experience remarkable advances despite the several challenges in the market.

According to the Global Mobile Location-Based Services Market Insights published by Research on Global Markets, the market is expected to grow at a CAGR of 24.6% until 2023. The evolving business models and the global deployment of 4G & 5G promising ubiquitous connectivity, availability of cheaper GPS enabled devices, high interest of key players across industries in personalising services based on a user’s location information and history and government regulations regarding the use of data are the prime factors driving the growth of the Mobile Location-Based Services Market.

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