Portable Battery Pack Market indicates that the industry is anticipated to surge at a CAGR of 10.7% through 2031
NEW YORK, Dec. 3, 2021 /PRNewswire/ --Persistence Market Research's updated analysis on the global portable battery pack (power banks) market indicates that the industry is anticipated to surge at a CAGR of 10.7% through 2031.
- NEW YORK, Dec. 3, 2021 /PRNewswire/ --Persistence Market Research's updated analysis on the global portable battery pack (power banks) market indicates that the industry is anticipated to surge at a CAGR of 10.7% through 2031.
- The most prominent change in the consumer electronics industry came with the launch of smartphones, which completely revolutionized the portable battery pack industry.
- Advancements in battery technologies, high demand for portable battery packs, rising scope of applications across multiple industry verticals, and growing consumer electronics sales are some of the major factors influencing the portable battery pack market potential.
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The portable battery pack market is expected to progress at an astronomical CAGR of around 10.7% over the decade.