Why does shared power bank appear?

January 19, 2025

1.The development of mobile Internet, bringing urgent market demand

The rapid development of mobile Internet has changed people's way of life, cell phone is not only a communication tool, it has become the all-round center of our life, work and entertainment. Social media, online shopping, mobile payment, or live video streaming, online games, the booming development of the mobile Internet ecosystem and the increasing richness of cell phone applications, the battery life of the phone has higher requirements.

According to the United Nations World Population Projection data, there are currently 8.08 billion people in the world. By the beginning of 2024, the number of cell phone users reached 5.61 billion.

The latest data from the GSMA think tank shows that 69.4% of the total global population currently use mobile devices, an increase of 138 million (+2.5%) compared to the beginning of 2023. More than 66% of the world's population now uses the Internet, meaning that more than 2 out of every 3 people on the planet are online.

The most used functions of the Internet (percentage of users for each function): chat and messaging 95.2%, social media 94.9%, search 81.8%, shopping 75.5%, email 74.3%, location services/maps 53.5%, music 48.1%, entertainment 46.8%, weather 42.1%, news 40.8%.

Smartphone battery life has always been a problem for users. The problem of cell phone power is a common worry when people are traveling. Insufficient cell phone power may affect the use of navigation, payment, communication and other important functions. The market has created an urgent demand for convenient and efficient charging services.

2.Mobile phone battery life is limited, and power anxiety increases.

Smartphones have become the “new organ of modern people”, and from the beginning to the end of the day, cell phones have become the most frequent and time-consuming electronic devices we use every day. Cell phones have replaced a large number of commonly used tools in our lives. With cell phones, we can achieve complex tasks covering communication, news, socializing, entertainment, games, office work and other aspects of life.

The imbalance between users' charging needs and power supply is driving the shared power bank market expansion. The average battery capacity of mainstream models has reached 4962mAh, with an average remaining power of 61.1% after 3 hours of light cell phone use and only 13.1% after 5 hours of heavy use. Taking 10 hours as an assumption, the calculation shows that the power required in a single day is 7532mAh, which creates a power gap of about 2571mAh with the mainstream capacity.

The battery life of a fully charged cell phone is generally 5-8 hours, and it takes 82.7 minutes on average to charge from 0% to 100%. 60.1% of cell phone users still concentrate on charging 1-2 times a day, while the proportion of people charging more than 2 times a day is on the rise. There is still a huge gap between charging demand and power supply.

As a convenient and flexible charging method, shared power bank can meet users' immediate charging needs and improve the efficiency of charging service. Whether in daily life, or in long-distance travel, shared power bank can provide users with convenient charging services.

3.cell phone charging needs, outdoor charging needs can not be met

The traditional charging method, users need to carry a charging treasure or find a fixed power outlet, this charging method is not convenient. Although carrying a charging treasure can solve the problem of insufficient power, the charging treasure itself needs to be charged, and the volume is large, so it is inconvenient to carry. Finding a power outlet, on the other hand, may not be possible due to environmental constraints.

Conventional charging, there is no way to meet the demand for instant charging of cell phone power when people are on the move. With shared power bank, users can easily solve the problem of insufficient power by simply renting a power bank when needed.

4.From purchasing to leasing, the change of people's consumption habits

Before the emergence of shared power bank, people need to buy their own shared power bank or find a charging cabinet that provides public charging to charge their cell phones in the outdoor area.

As smartphones and other electronic devices are being updated at a faster rate, the compatibility, charging speed and capacity of the charging bank have gradually come to the fore. As a personal item, charging bank is inconvenient to carry and easy to be lost or damaged, which is also a great loss for users.

With the emergence of shared power bank, users don't need to buy rechargeable batteries, but can rent them in public places at any time. shared power bank's leasing mode reduces the cost of users, and the recycling mode allows people to use rechargeable batteries more efficiently, reducing idleness and waste. Moreover, the entrepreneurs get profit through shared power bank's rental service.