Tag Archives: UAE Power Bank Industry Size

UAE and Saudi Arabia to Lead Middle East and North Africa Power Bank Market through 2023

According to TechSci Research report, Middle East and North Africa Power Bank Market By Type, By Capacity, By USB Ports, By Distribution Channel, By Country, Competition Forecast & Opportunities, 2013 – 2023’’, power bank market in the Middle East and North Africa (MENA) region is projected to reach $ 223 million by 2023. Key factors expected to fuel the market are rising young population, increasing number of technological advancements, anticipated recovery in services and manufacturing sectors, and growth in both inbound and outbound tourism across the region. Moreover, socio-economic developments by various major economies in the MENA region such as UAE Vision 2021, Saudi Vision 2030 and Kuwait Vision 2035 are likely to steer growth in the region’s power bank market during the forecast period.