(MoneyNewsWire.Net, August 25, 2016 ) Description-
Market outlook of the global power banks market
Technavios 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.
To Free Sample Report With TOC @ http://www.researchmoz.us/enquiry.php?type=S&repid=499719 Segmentation by product and analysis of the power banks market
Portable power banks Solar power banks 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 ROW Technavios 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.
Competitive landscape and key vendors
The global power banks market is highly fragmented owing to the presence of numerous small and large vendors. The vendors in this market compete on the basis of price, quality, reputation, distribution, and promotion to gain maximum traction over their competitors during the forecast period.
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Table of Contents
PART 01: Executive summary Highlights PART 02: Scope of the report Market overview Product offerings PART 03: Market research methodology Research methodology Economic indicators PART 04: Introduction Key market highlights PART 05: Market landscape Market overview Market size and forecast Five forces analysis PART 06: Market segmentation by product type Global power banks market by product type 2015-2020 Portable power banks Portable battery cases Solar power banks PART 07: Geographical segmentation Global power banks market by geography- 2015 & 2020 APAC Americas Europe ROW PART 08: Market Drivers PART 09: Market drivers and their impact
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