$547.92 Billion Location Based Services Market Sizing and Investment Insights Report 2025-2033 | Astute Analytica

The global location-based services market is projected to grow from $77.69 billion in 2024 to $547.92 billion by 2033 at a CAGR of 24.24%. Growth is driven by advances in precision positioning technology (PPP-RTK systems), 5G-LEO integration, and expanding B2B adoption across logistics, healthcare, and retail sectors. Asia-Pacific leads with 50% market share, while outdoor LBS dominates at 63.1% of the market.

01/28/2026, 8:00 AM • GlobeNewswire

Geographic Information System (GIS) Market Share Analysis, Industry Trends & Statistics, Growth Forecasts Worldwide (2026-2031)

The GIS market is projected to grow from USD 14.56 billion in 2025 to USD 31.8 billion by 2031, with a CAGR of 13.94%. Growth is driven by smart-city expansion, cloud-native GIS adoption, AI integration, and increased demand from transportation, oil and gas, and public safety sectors. North America leads with 37.80% market share, while Asia-Pacific shows the strongest growth potential at 15.95% CAGR.

01/21/2026, 6:00 AM • GlobeNewswire

Uber CEO Warns The 'Biggest Factor' In AV Growth Is Affordability, As Significant Scaling Could Take 10-20 Years

Uber CEO Dara Khosrowshahi stated that affordability is the critical factor limiting autonomous vehicle adoption, with current AV costs exceeding $100,000. He estimates it will take 10-20 years for AVs to become a significant part of ride-hailing, particularly outside high-fare markets. Despite challenges, Khosrowshahi expressed confidence in AV safety and noted Uber's ongoing investments in autonomous technology through partnerships and deployments.

01/20/2026, 8:43 AM • Benzinga

TomTom enhances maps and navigation with Microsoft Azure integration

TomTom announced an expanded collaboration with Microsoft to enhance its automotive navigation solutions by integrating Azure OpenAI, Azure Cosmos DB, and Azure Kubernetes Service. The partnership enables automakers to deliver branded, AI-powered navigation experiences with natural voice control, reduced time-to-market, and cloud-based updates. The solution will be showcased at CES 2026.

01/08/2026, 1:30 AM • GlobeNewswire

TomTom and Visteon Partner to Launch In-Car AI: Privacy-First, Onboard Conversational Navigation

TomTom announced successful integration of its Automotive Navigation Application with Visteon's cognitoAI platform, enabling AI-powered conversational voice navigation that operates on-device. The collaboration combines TomTom's mapping technology with Visteon's custom multimodal Vision Language Model to deliver a privacy-first, secure navigation experience that processes voice commands naturally without rigid command structures.

01/08/2026, 1:30 AM • GlobeNewswire

TomTom partners with SoundHound AI to bring multi-agent AI voice navigation to CES 2026

TomTom and SoundHound AI announced a partnership integrating TomTom's AI Agent and navigation technology with SoundHound's agentic voice AI platform to create a seamless in-car assistant. The solution enables natural voice commands for navigation, route planning, and vehicle controls while reducing driver distraction. The pre-integrated offering helps automotive OEMs reduce time-to-market while maintaining brand control and solution modularity.

01/06/2026, 3:29 AM • GlobeNewswire

TomTom and Amazon Elevate In-Vehicle Experience with Agentic Integration of TomTom Navigation and Alexa Custom Assistant

TomTom and Amazon announced a milestone integration of TomTom's Automotive Navigation Application with Alexa Custom Assistant, enabling AI-powered, conversational in-vehicle navigation. The solution leverages Alexa+ architecture to understand complex, multi-step requests and allow drivers to manipulate waypoints, search locations, and access EV charging information through natural language. The technology is immediately available to automakers and will be demonstrated at CES 2026.

01/06/2026, 3:20 AM • GlobeNewswire

TomTom and Uber strengthen ties to enhance on-demand travel experiences globally

TomTom and Uber have renewed their partnership to integrate TomTom's maps, APIs, and live services across Uber's global platform. The collaboration enhances routing, fare calculations, and location accuracy in complex environments like airports and stadiums. Real-world data from Uber trips feeds back into TomTom's mapping system, creating a continuous improvement cycle that benefits both companies' users.

01/06/2026, 1:30 AM • GlobeNewswire

HERE Technologies retains #1 ranking in Omdia’s 2025 Location Platform Index, setting the pace for software-defined vehicles and AI innovation

HERE Technologies has been ranked #1 in Omdia's 2025 Location Platform Index, ahead of competitors Google, TomTom, and Mapbox. The ranking recognizes HERE's innovation in AI-powered mapping, strategic partnerships with AWS and automotive leaders, and advancements in software-defined vehicles. Key achievements include a $1B AWS partnership for the SDV Accelerator and expansion into fleet management and IoT solutions.

01/02/2026, 9:00 AM • GlobeNewswire

TomTom’s net-zero emissions reduction targets validated by the Science Based Targets initiative (SBTi)

TomTom has received validation from the Science Based Targets initiative (SBTi) for its greenhouse gas emissions reduction targets, aiming to achieve net-zero emissions by 2040, ten years ahead of the Paris Agreement's global deadline.

12/18/2025, 1:30 AM • GlobeNewswire

TomTom signs multi-year agreement to deliver traffic services to Hyundai AutoEver’s navigation for European vehicle lineup

TomTom has expanded its partnership with Hyundai AutoEver to provide real-time traffic and speed camera services for Hyundai Motor Group's European vehicle lineup, enhancing in-dash navigation and driving safety.

10/02/2025, 1:30 AM • GlobeNewswire

TomTom Orbis Maps reaches 2 million charging points enabling seamless EV navigation

TomTom has mapped over 2 million electric vehicle charging points globally, demonstrating its commitment to supporting zero-emission driving and providing comprehensive EV navigation solutions for automakers.

09/11/2025, 1:30 AM • GlobeNewswire

NextBillion.ai selects TomTom Orbis Maps to deliver enhanced enterprise-grade solutions globally

TomTom and NextBillion.ai have expanded their partnership to deliver more accurate routing and travel time estimations for mobility, fleet, and logistics industries globally. The integration of TomTom's Orbis Maps into NextBillion.ai's platform will provide businesses with efficient routing, improved productivity, and enhanced safety.

06/25/2025, 1:30 AM • GlobeNewswire