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Global Power Bank market value is projected to reach approximately US$ 26.4 Billion by 2023, registering a CAGR of more than 21.5% during 2018-2023.
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Global Power Bank Market, Industry Analysis, Trends and Forecast 2023
Summary • A rapid demand for the compact electronic devices such as smartphones, tablets and laptops has boosted the growth of the global power bank market. • The advent of 4G networks and consistent use of internet services have made these devices less efficient in terms of power consumption. This has created a huge demand for power banks across the world, thereby stimulating the market growth. • The market value is projected to reach approximately US$ 26.4 Billion by 2023, registering a CAGR of more than 21.5% during 2018-2023.
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