Power Banks Market 2016-2020 Global Outlook Report

Global Power Banks Market 2016-2020 report is the latest addition to RnRMarketResearch.com industry research reports collection. The report is about 51 pages and provides 21 Exhibits; the report is published in Dec -2015.

The market research analyst estimates the global market for power banks to grow at a profound CAGR of more than 22% during the forecast period. The increasing penetration of smartphones coupled with the extensive use of internet services via applications installed on such devices is expected to augment the demand for power banks during the forecast period.

The recent shift toward 4G networks is the key driver for the growth of this market. Due to the advent of 4G networks, most users browse the internet for high-quality digital content through their smartphones and tablets. This increase in the usage of mobile data is expected to augment market growth as power banks play a critical role in ensuring frequent battery recharges in the absence of a power source.

Purchase a Copy of the Report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=447559 (Single User License - US $2500)

Segmentation by product and analysis of the power banks market Portable power banks, Solar power banks and Battery case.

In this market study, analysts have estimated the portable battery cases segment to dominate the global market for power banks by 2020. The advent of lighter, more powerful, and affordable battery cases is expected to bolster the prospects for growth in this segment during the forecast period.

Geographical segmentation of the power banks market Americas, APAC, Europe and ROW

The market research analyst has estimated the APAC region to account for more than 43% of the total market share by 2020. The presence of large vendors like Xiaomi, OnePlus, and Sony in this region is an important growth-promoting factor as these vendors provide high-quality power banks at low prices.

Inquire on the Report at...