Global Power Banks Market worth $17.2 billion and CAGR 20% by 2020

Zion Market Research has published a new report titled “Power Banks (Portable Power Banks, Phone Charging Cases, Solar Power Banks) Market For Smartphone, Tablets, Portable Media Devices, and Others Application – Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020.” According to the report, global demand for power bank market was valued at USD 15.09 billion in 2014, is expected to reach USD 17.2 billion in at a CAGR of above 20% between 2015 and 2020.

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The power bank is commonly known as a battery charger. It is a portable and compact charger used to charge a broad range of digital products. Power banks are generally used for charging laptops, tablets, MP3 players, portable media device, and smartphones. It is used as an external battery, plug-in charger for charging a rechargeable battery or secondary cell. Power banks can be used to charge GPS systems, portable speakers, cameras, or other USB-charged devices. Lithium-ion or Lithium-Polymer is the two battery type of power bank. Generally, Lithium-ion or Lithium-Polymer batteries are used in power bank design for their compact nature and affordability.

Power bank market is primarily driven by growing demand from smartphone and tablet across the globe. Increasing demand from a decline in the prices of power banks and growing power consumption due to large-scale digitization is expected to boost the growth of the power bank market in the years to come.  However, increase in terms of battery capacity and poor quality of power tank is major challenges that may hamper the growth of the market.

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The power bank market has been segmented based on a product such as portable power banks, phone charging cases (battery cases), and solar power banks. In 2014, the portable power bank was the dominant product segment in terms of total revenue. Phone charging cases (battery cases), and solar power banks are also expected to grow at a moderate rate. The global power bank market on the basis of the battery type is segmented as Lithium-ion, Lithium-polymer. In 2014, Lithium-ion was the largest battery type segment in power bank market. Lithium-ion accounted over 80% of the overall share of the market.

Smartphones, tablets, portable media devices, and others are the key application of the global power bank market. The Smartphones and tablets were the largest application segment among the other segment and are expected to grow at a moderate rate during the forecast period. Moreover, increased demand and usage of mobile devices and growing wireless services (3G, 4G) saturation is driving the demand for power banks.

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Geographically, global power bank market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America regions. Asia Pacific region was the leading market for power bank and accounted for over the 45% share of the total market. Europe is expected to grow at a CAGR 23.0% during the forecast period. Now, North America dominates the global power banks market in terms of revenue. Less awareness of the safety standards connected with the power banks is expected to boost the market growth of power banks in the emerging region such as India, China, and Brazil.

some of the key players in the global power bank market include Limefuel LLC, EassyAcc.com, Inc., GP Batteries International Ltd, Anker, Samsung Electronics Co. Ltd., itachi Maxell, Ltd., Xtorm BV, Panasonic Corporation, Sony Corporation, Xiaomi Technology Co., Ltd, Apacer Technologies, Inc., and others.

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Global Enterprise Mobility Market Will Growing at 24% CAGR from 2014 to 2020

Zion Market Research has published a new report titled “Enterprise Mobility (Smartphones, Laptops, Tablets) Market by Software and Security Solution for IT and Telecommunication, BFSI, Government and Education, Hospitality and Retail, Manufacturing and Automotive and Other Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020”. According to the report, global enterprise mobility market was valued at around USD 85.0 billion in 2014 and is expected to reach USD 500.0 billion in 2020, growing at a CAGR of slightly above 24% between 2015 and 2020.

Enterprise mobility management (EMM) is the set of people, processes, and technology focused on managing mobile devices, wireless networks, and other mobile computing services in a business context. Enterprise mobility can improve employee productivity, but it also creates security risks. Enterprise mobility management products, such as data loss prevention technologies, are available to help IT departments address these risks. Enterprise mobility management is a set of systems intended to prevent unauthorized access to enterprise applications and/or corporate data on mobile devices. These can include password protection, encryption and/or remote wipe technology, which allows an administrator to delete all data from a misplaced device. With many systems, security policies can be centrally managed and enforced. Such device management systems are programmed to support and cooperate with the application programming interfaces (APIs) from various device makers to increase security compliance.

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Smartphones, laptops, and tablets are key product segments of enterprise mobility market. The laptop was the most dominant product segment in global enterprise mobility market. Rapidly growing demand for smartphone is another major driving factor for enterprise mobility market. The smartphone segment is growing at robust CAGR and is expected to lead the enterprise mobility market by the end of 2020. On the basis of software type, the global enterprise mobility market is segmented into mobile device management, mobile application management, enterprise email and content management and others. The mobile device management is the most widely used software in the global enterprise mobility market because of growing popularity and increasing use of mobiles. The global enterprise mobility market in 2014 was dominated by the mobile device management segment.

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Some issues related to security may affect the market including Identity and Access Management (IAM), which involves granting access to sensitive information only to authenticated sources. Mobile data security, mobile device security, network security, mobile id security are the key segments of enterprise mobility market based on security solutions. Key application markets for enterprise mobility include IT and telecommunication, BFSI, government and education, hospitality and retail, manufacturing and automotive and other applications. IT and telecommunication were the largest application market for enterprise mobility in 2014.

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Enterprise mobility market was dominated by North America with highest share in total revenue generation in 2014. North America is followed by Asia-Pacific and Europe. Some of the key players operating in this market includes Avaya Inc., Alcatel-Lucent S.A., AirWatch, LLC, Aruba Networks, Inc., Cisco Systems, Inc., Citrix Systems, Inc., Meru Networks, Good Technology, Inc., iPass, Inc., Hewlett-Packard Development Company Ltd., IBM Corporation, AT&T, Inc., BlackBerry, Ltd., Cerner Corporation, Nokia Corporation, Panasonic Corporation, SAP SE, International Business System, Verizon Enterprise Solutions, Enterprise Mobile, Inc., Globo PLC, Microsoft Corporation, MobileIron, Inc., SOTI Inc., Symantec Corporation.

This report segments the global enterprise mobility market as follows:

Product Segment Analysis: Smartphones, Laptops, Tablets

Software Segment Analysis: Mobile Device Management, Mobile Application Management, Enterprise Email and Content Management, Others

Security Solution Segment Analysis: Mobile Data Security, Mobile Device Security, Network Security, Mobile ID Security

Application Segment Analysis: IT and Telecommunication, BFSI, Government and Education, Hospitality and Retail, Manufacturing and Automotive, Other

Regional Segment Analysis: North America, Europe, Asia-Pacific, Latin America, Middle East and Africa

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About Us: Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with Vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from Cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:

Joel John
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United States
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Tel: +1-386-310-3803
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Global VoIP Services Market will Procure $140 billion by 2021

Zion Market Research has published a new report titled “VoIP Services (Domestic VoIP Calls and International Long Distance VoIP Calls) Market by Configuration (Phone-to-Phone, Computer-to-Phone, and Computer-to-Computer) for Hosted Business, IP Connectivity, Managed IP PBX, Individual Consumers and Corporate Consumers: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021.”According to the report, global demand for VoIP services market was valued at over USD 83 billion in 2015, is expected to reach above USD 140 billion in 2021 and is anticipated to grow at a CAGR of above 9.1% between 2016 and 2021.

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