Emerging countries, such as China, Japan, South Korea, and India, are expected to experience significant growth in the number of contactless technology enabled smartphones and technological advancements.

WPC provides a challenge to solid wood/polymer products as alternative construction materials and is expected to increase on a large scale in the near future due to development of more recycled products.

Android segment is expected to grow at a highest CAGR of 21.70% due to increase in the integrity of the android operating system along with its ability to run on all mobile devices