Mobile Power Bank Market is Expected to Grow at a Robust Rate Till 2029
Increasing Smartphone Adoption and Battery Life Concerns are the factors propelling the market growth . According to TechSci Research report, “ Global Mobile Power Bank Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029” . Global Mobile Power Bank is anticipated to project robust growth in the forecast period with a CAGR of 7.05% through 2029. Screen time has become part of the fabric of everyday life for most. According to Comparitech's latest available data, people average 6 hours 58 minutes of screen time per day globally, while the average screen time in the United States is 7 hours 4 minutes per day which is 7 minutes more than the global average. Thus, for a phone or laptop to stay on standby, its needs to be ensured that it is powered on at all times, and a portable power bank is considered a handier option than ever. Power banks can be bulky or take too much time to charge a smartphone. So, vendors are constantly innovating to reduce the ...