Smart City Development Unlocks New Growth Avenues for Location-Based Advertising Industry
The global Location-based Advertising Market size is projected to rise from US$146.4 billion in 2026 to US$397.1 billion by 2033. It is anticipated to witness a CAGR of 15.3% during the forecast period from 2026 to 2033, driven by the rapid proliferation of GPS-enabled smartphones, AI-powered hyper-personalization engines, and the surging adoption of 5G networks that enable real-time contextual ad delivery.