Power Bank Rental Service Market Report – Global Industry Insights 2032
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The global power bank rental service market is experiencing significant growth, driven by the increasing dependence on electronic devices and the growing demand for on-the-go charging solutions. With the rapid expansion of smart devices and the rise of the sharing economy, the market is expected to witness substantial expansion over the coming years.
According to DataIntelo, the global power bank rental service market size was valued at approximately USD 1.2 billion in 2023, and it is anticipated to expand at a compound annual growth rate (CAGR) of 16.5% from 2024 to 2032, reaching a projected value of around USD 4 billion by 2032. The increasing urbanization, rise in travel, and surge in smartphone usage are key factors fueling the demand for rental power banks.