By 2030, it is expected that the global power bank rental market would be worth $9,378.5 million. The power bank rental market is made up of businesses that rent or lease power banks to customers on an hourly, daily, or rent-to-own basis. Over the past five years, there has been a sharp rise in the number of businesses offering power bank rental (PBR) services, which is partially due to rising customer demand in these services. One of the segments of the sharing economy market with the greatest growth since the beginning of 2017 is power bank renting.

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The rise of the power bank rental business is primarily being driven by rising disposable income, users' increased reliance on their smartphones, and consumers' reluctance to carry around personal power banks. Since 2014, more than 150 firms have been established to offer power bank rentals all around the world. The increased popularity of new smartphone technologies like 5G and rising smartphone usage volumes are also expected to boost demand for power bank rental services.
There are both large and small businesses in the fiercely competitive power bank sector. This section examines the growth tactics used by industry participants to broaden their reach internationally and boost their market share. Partnerships and product launches are two of the main techniques used by market participants to expand the power bank business. Xiaodian, Energy Monster, Laidian, RedShare, ChargedUp, Powerqube, PowerNow, Spykke, and A3Charge are a few of the major companies that contribute to the market for power rentals. Leading businesses compete fiercely to grow and safeguard their market share.

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MARKET SEGMENTATION
By Pricing Plan
• Pay as you go
• Quarterly/Annual Membership

By Partners
• Commercial Spaces
• Retail and Shopping Centers
• Bars and Clubs
• Others

By Region
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
The power bank rental research report includes:
• Analysis of demand trends
• Market size and five year forecasts of market trend and growth
• Detailed segmentation of global and regional market
• Company profiles of major players
• Consumer profile analysis

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