Global Power Bank Market Demand And Industry Growth Till, 2018-2025
The global power banks market size is anticipated to reach USD 27.75 billion by 2025 expanding at a CAGR of 18.4% during the forecast period, according to a new report by Radiant Insights, Inc. Currently, power banks are one of the essential mobile accessories. Increasing demand for power banks and intense competition in the market has led to a reduction in their prices. This is expected to help boost the market growth over the coming years. Rising use of internet and insufficient battery capacity of smartphones and other mobile consumer electronic products are the key factors driving the growth in sales of power banks globally. Ask for free sample copy @ https://www.radiantinsights.com/research/power-bank-market/request-sample Growth in GDP, increased consumer purchasing power, and improved living standards are propelling the growth of the electronics market, which, in turn is driving the power banks market. The 8,001 mAh-20,000 mAh capacity range segment is expected to reg...