2013-01-03 16:50:04 - Recently published research from Business Monitor International, "Chile Information Technology Report Q1 2013", is now available at Fast Market Research

BMI View: Chilean IT spending is expected to reach US$3.5bn in 2012, up 14%, with BMI's forecast upwardly revised in US dollar terms, despite an expected economic moderation. Chile's IT market is one of the most developed in Latin America and the Chilean government's commitment to high growth should continue to keep IT spending on an upwards trajectory, with BMI envisaging that Chilean GDP per capita will double in US dollar terms by 2019.

Headline Expenditure Projections

Computer hardware sales: US$1.5bn in 2011 to US$1.6bn in 2012, +12.0% in US dollar terms. Forecast in US dollar terms upwardly revised due to analyst modification following stronger than expected retail sales growth in H211.


Full Report Details at
- www.fastmr.com/prod/523871_chile_information_technology_report_q ..


Software sales: US$353mn in 2011

to US$406mn in 2012, +15% in US dollar terms. Forecast in US dollar terms downwardly revised due to analyst modification and much will depend on the success in bringing down illegal software use, which at 64% is higher than in some regional neighbours such as Mexico.

IT Services sales: US$1.3bn in 2011 to US$1.4bn in 2012, +15.0% in US dollar terms. Forecast in US dollar terms downwardly revised due to analyst modification, with strong sectors including utilities, financial services, government, telecoms, mining, retail and distribution.

Risk/Reward Ratings: Chile's score was 63 out of 100.0. Chile has risen two places to third in our latest RRR table, behind only the US and Canada. Its overall rating was boosted by a relatively high Country Rewards score.

Key Trends & Developments

?? Chile's development as an offshoring location will attract more investment in IT services, with sectors such as retail, distribution, financial services, telecoms and healthcare offering opportunities. Mining is also a sector attracting increased vendor attention. Major multinationals such as General Electric and JP Morgan have proceeded with plans to establish service centres in Chile. ?? Declining exports combined with more subdued private consumption and fixed investment will weigh on the IT market in 2012. However, with ample fiscal and monetary policy ammunition at the disposal of the Chilean authorities, we expect consumer spending to hold up relatively well. ?? Many of the government's ICT development plans and programmes are still in a nascent stage and their ultimate effectiveness is yet to be determined. While Chile can boast relative strength in some areas, such as telecoms infrastructure, it has been relatively weak in terms of investment in enterprise IT.

Report Table of Contents:

Executive Summary
SWOT Analysis
- Chile IT Sector SWOT
- Chile Telecommunications Sector SWOT
- Chile Political SWOT
- Chile Economic SWOT
- Chile Business Environment SWOT
Americas Risk/Reward Ratings
- Table: Americas IT Risk/Reward Ratings
Americas IT Market Overview
- IT Penetration
Market Overview
- Government Authority
- Hardware
- Software
- IT Services
- Industry Developments
Industry Forecast
- Table: Chile IT Sector - Historical Data & Forecasts , 2010-2017
Industry Forecast Internet
- Internet
- Table: Chilean Telecoms Sector - Internet - Historical Data And Forecasts, 2009-2016
Competitive Landscape
- Software
- IT Services
- Internet Competitive Landscape
- Table: Regional Broadband Penetration Overview
- Table: Regional Internet Penetration Overview
Macroeconomic Forecast
- Table: Chile - Economic Activity, 2011-2016
Company Profiles
- Sonda SA
- Dell
- Table: Selected Dell Mergers And Acquisitions
- SAP
Country Snapshot
- Table: Chile's Population By Age Group, 1990-2020 ('000)
- Table: Chile's Population By Age Group, 1990-2020 (% of total)
- Table: Chile's Key Population Ratios, 1990-2020
- Table: Chile's Rural And Urban Population, 1990-2020
BMI Methodology
- How We Generate Our Industry Forecasts
- IT Industry
- IT Ratings - Methodology
- Table: IT Business Environment Indicators
- Weighting
- Table: Weighting Of Components
- Sources

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at www.fastmr.com/catalog/publishers.aspx?pubid=1010

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