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Chile Information Technology Report Q2 2015

80 Pages BMI Research SKU: BMI5466920

Chile Information Technology Report Q2 2015

BMI View: Our strong outlook for the Chilean IT market is backed up by acceleration in real GDP growthcompared to 2014. The government's fiscal stimulus should have positive spillover effects for the ITindustry, which draws a large percentage of revenues from the public sector. Lower oil prices shouldsupport stronger economic activity among consumers, with potential for greater spending on IT hardwaresuch as tablets and laptops. However, in local currency terms, the IT market will decline as a result of theweaker outlook for the peso against the dollar. Falling copper prices and bull run on the US dollar willcounteract the positive effects from lower oil prices. IT services are expected to grow strongest in Chilethroughout our forecast period, as businesses increasingly opt for cloud computing solutions to cut costs.

Headline Expenditure Projections

Computer Hardware Sales: We expect sales to rise to CLP886bn in 2015, an increase of 6.1%.Tablet sales forecast to outperform again in 2015 but we also forecast a return to growth for the notebookmarket.

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Chile Information Technology Report Q2 2015

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