Public charging service market forecast to grow at 34.2% CAGR through 2026

A new market report projects the global public charging service sector will expand at a compound annual growth rate of 34.2% through 2026, driven by rising electric vehicle adoption, technological advancements and infrastructure investment. The forecast positions public charging as a critical component of the evolving electric mobility ecosystem.

Why it matters: The 34.2% CAGR signals robust market expansion for charge point operators and infrastructure developers, indicating strong commercial opportunities and potential procurement activity as governments and private investors scale up charging networks to meet accelerating EV demand.