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Chile Information Technology Report Q3 2015

83 Pages BMI Research May 06, 2015 SKU: BMI5552883

Chile Information Technology Report Q3 2015

BMI View: Although peso depreciation against the US dollar continues to weigh on the growth outlook forChile's IT market in 2015, particularly in the hardware market, we expect overall demand growth willaccelerate from 2014. Our strong outlook for the Chilean IT market is backed up by acceleration in realGDP growth compared to 2014, while the government's fiscal stimulus should also have positive spill-overeffects for the IT industry, which draws a large percentage of revenues from the public sector. Meanwhile,lower oil prices should support stronger economic activity among consumers, with potential for greaterspending on IT hardware such as tablets and laptops. In terms of IT market segments, IT services areexpected to grow the most in Chile throughout our forecast period, as businesses increasingly opt for cloudcomputing solutions to cut costs.

Headline Expenditure Projections

Computer Hardware Sales: We expect sales to rise from CLP805.1bn in 2014 to CLP844.5bn in 2015,an increase of 4.9%. Demand growth in the hardware market will be subdued by peso depreciation,squeezing household purchasing power in global markets and thereby reducing demand for non-essentialimported hardware.

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Chile Information Technology Report Q3 2015

BMI Research
May 06, 2015

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