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The Portable Battery Pack Market is projected to expand by USD 12.24 billion from 2024-2028, with declining lithium-ion battery prices driving growth, Report highlights AI’s role in market transformation – Technavio

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NEW YORK, Aug. 29, 2024 /PRNewswire/ — Report with the AI impact on market trends- The global portable battery pack market  size is estimated to grow by USD 12.24 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  12.85%  during the forecast period.  Declining li-ion battery prices is driving market growth, with a trend towards growing use of sustainable and eco-friendly batteries. However, growing environmental concerns  poses a challenge. Key market players include ADATA Technology Co. Ltd., Anker Technology UK Ltd., ASUSTeK Computer Inc., AUKEY Online, Belkin International Inc., BYD Co. Ltd., ChargeTech Inc., Energizer Holdings Inc., Huawei Technologies Co. Ltd., Intex Technologies India Ltd., Jackery Inc., LG Chem Ltd., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Shenzhen Bak Battery Co. Ltd., Simplo Technology Co. Ltd., Sony Group Corp., The Duracell Co., Xiaomi Communications Co. Ltd., and ZAGG Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

Segment Covered

Distribution Channel (Online and Offline), Type (Smart phones, Tablet, Laptop, Portable media device, and Others), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

ADATA Technology Co. Ltd., Anker Technology UK Ltd., ASUSTeK Computer Inc., AUKEY Online, Belkin International Inc., BYD Co. Ltd., ChargeTech Inc., Energizer Holdings Inc., Huawei Technologies Co. Ltd., Intex Technologies India Ltd., Jackery Inc., LG Chem Ltd., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Shenzhen Bak Battery Co. Ltd., Simplo Technology Co. Ltd., Sony Group Corp., The Duracell Co., Xiaomi Communications Co. Ltd., and ZAGG Inc.

Key Market Trends Fueling Growth

The Portable Battery Pack market is experiencing significant growth due to the increasing demand for mobile devices and electric vehicles. These battery packs provide a convenient solution for on-the-go charging, ensuring uninterrupted usage. Major players in this market include Anker, Belkin, and Samsung. They focus on offering high capacity, fast charging, and compact designs to cater to consumer needs. The market is expected to continue expanding, driven by advancements in technology and rising consumer awareness. 

The Portable Battery Pack Market is witnessing significant growth due to the increasing usage of electronic devices and energy storage systems. The Lithium-ion Polymer segment dominates the market, with high demand from consumer electronics, telecommunication, power tools, and portable medical equipment. Renewable energy sources like solar and wind are driving the market, with regulatory guidelines ensuring safety measures against fire risk. Battery management software optimizes conversion efficiency, while chemical energy remains a key focus. Nickel-Cadmium and Lead Acid batteries face competition from Lithium-ion and Nickel Metal Hydride. The market is influenced by trends in the automotive sector, including electric vehicles, and is affected by piracy-related threats. FMI predicts continued growth, driven by consumer discretionary income and the shift from fossil fuels to renewable energy resources. Wattage demand is high for smartphones, tablets, and portable medical devices. The market caters to various industries, including construction activities, infrastructure, and electrical battery-powered devices. 

Discover a Comprehensive 360° Market Analysis: Understand the Impact of AI. For detailed information- Request Sample!

Market Challenges

The Portable Battery Pack market is experiencing significant growth due to the increasing demand for mobile devices and electric vehicles. These battery packs provide a convenient solution for charging on-the-go, offering flexibility and reliability. Major players in the industry focus on enhancing capacity, efficiency, and safety features to cater to diverse consumer needs. The market is expected to continue expanding, driven by technological advancements and rising consumer awareness.The Portable Battery Pack Market faces several challenges in the era of increasing reliance on electronic devices and energy storage systems. Key challenges include ensuring compatibility with various portable electronic gadgets, managing battery performance with battery management software, addressing fire risk, and improving conversion efficiency. Renewable energy sources like solar and wind energy offer opportunities but bring regulatory guidelines and chemical energy storage concerns. Nickel-cadmium and lithium-ion batteries dominate the market, with lithium-ion polymer gaining popularity in consumer electronics, telecommunication, power tools, and medical devices. The Coronavirus pandemic and piracy-related threats pose risks, while the shift towards electric vehicles and renewable energy resources presents opportunities. FMI predicts market growth, but challenges persist in areas like wattage management, battery size, and cost. Market segments include smartphones, tablets, construction activities, infrastructure, automotive sector, and more. Discretionary income, warming temperatures, and technological advancements continue to influence market trends. Electrical battery types include lead-acid, nickel metal hydride, and lithium-ion polymer. Lithium-ion batteries power portable medical equipment, fitness bands, hearing aids, and mobile phones. Market players must navigate these challenges and opportunities to succeed.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This portable battery pack market report extensively covers market segmentation by

Distribution Channel1.1 Online1.2 OfflineType 2.1 Smart phones2.2 Tablet2.3 Laptop2.4 Portable media device2.5 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Online-  The portable battery pack market is experiencing notable growth due to increasing internet penetration and customer awareness of online commerce. Online distribution is a major segment driving this market’s expansion. This channel offers a convenient shopping experience, allowing customers to purchase portable battery packs whenever they want. Major manufacturers, such as Amazon, Alibaba, and Flipkart, sell their products online through their websites and third-party retailers. Vendors list their offerings on these platforms to boost brand visibility and reach a wider audience. E-commerce sites provide detailed product descriptions and seller information, ensuring a better shopping experience. Attractive offers and discounted prices also lure customers. The popularity of omnichannel distribution, where customers can buy online and pick up in-store, is another growth factor. Vendors’ emphasis on omnichannel sales and online commerce’s increasing popularity are expected to fuel the growth of the online distribution segment and the global portable battery pack market during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data ( – )  – Download a Sample Report

Research Analysis

The Portable Battery Pack Market encompasses a wide range of electrical batteries used to power various devices and applications. These batteries include Warming Batteries, Electrical Vehicle (EV) batteries, and batteries for Power Tools like cordless drills. Technologies such as Lead Acid, Nickel Metal Hydride, Nickel Cadmium, Lithium-ion Polymer, and others are used in these battery packs. The market caters to diverse sectors like the Automotive industry, Infrastructure, Construction activities, and the Electronic devices industry, including Smartphones and Tablets. The Coronavirus pandemic has accelerated the shift towards renewable energy resources, leading to an increased demand for portable battery packs in Solar Energy and Wind Energy systems. FMI predictions suggest that the market will continue to grow, driven by the rising demand for energy storage systems and the shift away from fossil fuels. Hearing aids are another application area for portable battery packs, offering users the convenience of long-lasting, rechargeable power sources.

Market Research Overview

The Portable Battery Pack Market encompasses a wide range of electrical batteries used to power various portable electronic devices, from smartphones and tablets to power tools and portable medical equipment. These batteries include Lead Acid, Nickel Metal Hydride, Lithium-ion Polymer, and Nickel Cadmium. The market is driven by the increasing demand for power on the go in various sectors such as Electric vehicles, Construction activities, Infrastructure, Automotive sector, and Telecommunication. The Lithium-ion Polymer segment is expected to dominate the market due to its high energy density, long cycle life, and low self-discharge rate. The market is also influenced by regulatory guidelines, chemical energy sources, and conversion efficiency. Fire risk and piracy-related threats are some challenges faced by the market. The market is also influenced by renewable energy sources like solar and wind energy, and FMI predictions indicate continued growth. The market caters to various industries including consumer electronics, energy storage systems, and portable electronic gadgets. The coronavirus pandemic has led to an increase in the demand for portable power solutions for remote working and learning. The market is also influenced by factors like wattage, technological advancements, and discretionary income. Fossil fuels are being replaced by renewable energy resources, further driving the market growth.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Distribution ChannelOnlineOfflineTypeSmart PhonesTabletLaptopPortable Media DeviceOthersGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Bitmine Immersion Technologies Announces Cash Dividend of $0.1056 per Share of 9.50% Series A Perpetual Preferred Stock

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NORWALK, Conn., June 18, 2026 /PRNewswire/ — (NYSE: BMNR; BMNP) Bitmine Immersion Technologies, Inc. (“Bitmine” or the “Company”) announced today that its Board of Directors has declared a cash dividend of $0.1056 on the Company’s 9.50% Series A Perpetual Preferred Stock (the “Series A Preferred Stock”), which is listed on the New York Stock Exchange under the trading symbol “BMNP”.

The dividend will be payable in cash in accordance with the terms of the Certificate of Designations governing the Series A Preferred Stock. The dividend will be paid on July 10, 2026 to holders of record of the Series A Preferred Stock as of the close of business on June 30, 2026.

About Bitmine

Bitmine (NYSE: BMNR) is a Bitcoin miner with operations in the US. The company is deploying its excess capital to be the leading Ethereum Treasury company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of “the alchemy of 5%,” the Company is committed to ETH as its primary treasury reserve asset, leveraging native protocol-level activities including staking and decentralized finance mechanisms. The Company launched MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in 2026.

For additional details, follow on X:

https://x.com/bitmnr
https://x.com/fundstrat

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. These forward-looking statements can be identified by terms such as “expects,” “projects,” “projected,” “intends,” “believes,” “anticipates,” “estimates,” and similar expressions. This document specifically contains forward-looking statements regarding the Company’s dividend payments on the Series A Preferred. In evaluating these forward-looking statements, you should consider various factors, including: Bitmine’s ability to finance its current business, Ethereum treasury operations, and proposed future business; market conditions affecting the trading price of the Company’s common stock and Series A Preferred Stock; regulatory developments affecting digital assets, including the ultimate enactment and implementation of pending legislation and SEC initiatives; the volatility and unpredictability of digital asset prices; the performance, reliability, and security of the Company’s staking operations; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine’s control, including those set forth in the Risk Factors section of Bitmine’s Form 10-K filed with the SEC on November 21, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of Bitmine’s filings with the SEC are available on the SEC’s website at www.sec.gov. Bitmine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

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SOURCE Bitmine Immersion Technologies, Inc.

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Hyperscale Data Announces “At-the-Market” Offering of Common Stock

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LAS VEGAS, June 18, 2026 /PRNewswire/ — Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence (“AI”) data center company anchored by Bitcoin (“Hyperscale Data” or the “Company”), announced today that it has established an “at-the-market” equity offering program (the “Offering”) under which it may sell, from time to time, shares of its common stock for aggregate gross proceeds of up to $300 million. The shares of common stock will be offered through Spartan Capital Securities, LLC, which will act in its capacity as sales agent (the “Agent”).

Pursuant to a sales agreement with the Agent, sales of shares of the Company’s common stock may be made in transactions that are deemed to be “at-the-market” offerings, including sales made by means of ordinary brokers’ transactions on the NYSE American or otherwise at market prices prevailing at the time of sale or as agreed to with the Agent.

The Company intends to use a majority of the net proceeds from this offering, if any, to further develop its Michigan and Montana data facilities, to acquire more Bitcoin and to purchase precious metals, including gold, silver and/or copper. The Company also intends to use a smaller amount of the proceeds for working capital and general corporate purposes, which may include the repayment, refinancing, redemption or repurchase of future indebtedness or capital stock. As of the date hereof, the Company cannot predict with certainty all of the particular uses for the net proceeds from this offering, if any. As a result, Hyperscale Data’s management will have broad discretion regarding the timing and application of the net proceeds from this offering.

The shares of common stock described above are being offered pursuant to a shelf registration statement (File No. 333-291595), which became effective on December 11, 2025.  Such shares of common stock may be offered only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. Before making an investment in these securities, potential investors should read the prospectus supplement and the accompanying prospectus for more complete information about the Company and the Offering. Potential investors may obtain these documents for free by visiting EDGAR on the U.S. Securities and Exchange Commission’s website at www.sec.gov. Alternatively, potential investors may contact the Agent, which will arrange to send them these documents:  Spartan Capital Securities, LLC, Attention: Eric Flesche, President, 45 Broadway, 19th Floor, New York, NY 10006, telephone: (212) 293-0123, eflesche@spartancapital.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

About Hyperscale Data, Inc.

Through its wholly owned subsidiary Sentinum, Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

Hyperscale Data currently expects the divestiture of ACG (the “Divestiture”) to occur in the second quarter of 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

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SOURCE Hyperscale Data Inc.

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Ribbon and Comporium Expand Partnership to Advance Voice Infrastructure Modernization

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Delivers scalable, future-ready IP voice platform

PLANO, Texas, June 18, 2026 /PRNewswire/ — Ribbon Communications Inc. (Nasdaq: RBBN), a global leader in real-time communications technology and IP optical networking solutions, today announced that Comporium, a leading regional provider of broadband, voice, video and smart-home services, has selected Ribbon’s state of the art technology to further modernize its voice infrastructure.

“Ribbon is a trusted partner in our modernization journey, and we’re pleased to take this next step together to enhance the efficiency and scalability of our voice infrastructure,” said Mike Deller, SVP of Engineering and Planning at Comporium. “This investment supports our continued transition to a modern cloud-based environment, and reinforces our commitment to delivering reliable, high-quality services to our customers.” 

Ribbon is providing Comporium with a complete network transformation solution, including the vC20 Call Controller and Application Server. The solution is designed to enable significant reductions in footprint and power consumption compared to legacy TDM infrastructure and dedicated ATCA-based C20 hardware platforms. Ribbon’s industry leading professional services teams are supporting implementation and optimization.

“This expansion underscores the strength of our long-term partnership with Comporium,” said Elizabeth Page, Regional Senior Sales Director at Ribbon. “Our solutions are designed to help service providers modernize their networks, reduce operational complexity, and prepare for future needs, such as the expected transition of service provider interconnect to all-IP in the USA.”

About Ribbon
Ribbon Communications (Nasdaq: RBBN) is a global provider of voice communications software, IP routing, and optical networking to mobile and wireline service providers, enterprises, critical infrastructure and defense sectors. We support our customers’ Path to Autonomous Networks by leveraging the latest AIOps automation platforms and Agentic AI technologies, helping them deliver better customer experiences, reduce operational costs, and achieve sustainable growth. To learn more about Ribbon, visit rbbn.com.

Important Information Regarding Forward-Looking Statements  
The information in this release contains forward-looking statements regarding future events that involve risks and uncertainties. All statements other than statements of historical facts contained in this release, including those regarding the expected benefits from use of Ribbon Communication’s products, are forward-looking statements. The actual results of Ribbon Communications may differ materially from those contemplated by the forward-looking statements. For further information regarding risks and uncertainties associated with Ribbon Communications’ business, please refer to the “Risk Factors” section of Ribbon Communications’ most recent annual or quarterly report filed with the SEC. Any forward-looking statements represent Ribbon Communications’ views only as of the date on which such statement is made and should not be relied upon as representing Ribbon Communications’ views as of any subsequent date. While Ribbon Communications may elect to update forward-looking statements at some point, Ribbon Communications specifically disclaims any obligation to do so.

Investor Contact 
+1 (978) 614-8050
ir@rbbn.com    

Media Contact
Catherine Berthier
+1 (646) 741-1974
cberthier@rbbn.com

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SOURCE Ribbon Communications Inc.

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