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BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expectsUK portable solar charger market size to grow at an impressive CAGR of 21.9% during the forecast period between 2023 and 2029. United Kingdom portable solar charger market size is primarily being driven by organizations' supportive initiatives to improve energy access for people who are not connected to the electric grid. Growing adoption of environmentally friendly products, especially in developed countries, such as the United Kingdom, as a result of growing awareness regarding the depletion of energy resources, is expected to drive demand for environmentally friendly products, such as portable solar chargers, during the forecast period. The increasing use of smartphones, tablets, and other portable electronic devices and a shift in consumer preferences toward sustainable energy sources are expected to provide growth opportunities for the United Kingdom portable solar charger market during the forecast period.

UK Portable Solar Charger Market – Overview

Portable solar chargers' portability enables mobile applications of the product, resulting in a better end-user experience. Portable solar chargers are small, wearable, and portable, making them easy to transport. This drives the market for portable solar chargers forward. Because the portable solar charger uses energy from the sun, an infinite source of renewable energy, it helps to sustain nonrenewable energy sources, is environmentally friendly, and does not emit toxic materials. As a result, the use of portable solar chargers is increasing. Because of increased usage and accelerated battery depletion of electrical devices, portable solar chargers are in high demand.

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BlueWeave Consulting, revealed that the India Digital Payment Market is estimated to grow at a CAGR of 27.5% by the end of 2028. The lucrative growth of the India Digital Payment Market is attributed to increasing cashless payments for goods and services through cards, mobile phones, or the internet. Also, it is very beneficial in terms of time-saving and reduced transaction costs. Moreover, digital payment requires no counting out of cash or making of change, and it allows you to buy whatever you want whenever you want without having to first stop by the bank to withdraw cash. Furthermore, India Digital Payment Market is one of the most emerging markets that grow continuously owing to the fast integration of new technologies like the Internet of Things (IoT), artificial intelligence (AI), cloud computing, and others. According to a survey conducted on digital payments in India in 2020, around 79 percent of the households used some form of third-party digital payment apps, like Paytm and PhonePe. However, technical issues and some security problems hinder the growth of the India Digital Payment Market.

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