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Report

Chile Smartphones Market Report and Forecast 2025-2034

Market Report I 2025-05-28 I 102 Pages I EMR Inc.

The Chile smartphones market size is projected to grow at a CAGR of 4.30% between 2025 and 2034.

The strengthening of the Chilean economy has led to increased disposable income and higher affordability for smartphones, resulting in surge in demand. The Ministry of Economy's quarterly report on the Chilean economy for Q1 2023 indicates a 71% YoY increase in smartphone shipments. Also, the number of mobile connections in Chile increased by 1.2 million (+4.4%) between 2022 and 2023, showcasing the rapid Chile smartphones market development.

One of the key drivers of this growth is the growing adoption of 5G smartphones. The Chilean government has made substantial investments in 5G networks, making it highly convenient for users to switch between applications and use smartphones seamlessly. As a result, 1.2 million 5G smartphones were in use in 2022.

Another driver aiding Chile smartphones market growth is the increasing consumer acceptance of budget smartphone models. This trend is evident in the rise of Chinese electronics giant Xiaomi as Chile's third-largest smartphone vendor, outpacing Huawei. The market's inclination towards budget smartphones presents a significant opportunity for manufacturers to cater to this demand.

In addition, the market is also influenced Chile's free trade agreements with several countries, including the United States, which is the primary destination for mobile phone exports from Chile, accounting for an 83% share of total exports. These agreements provide a conducive environment for smartphone manufacturers to export their products, contributing to the market's growth.

The smartphones market in Chile is also characterised by several trends. For instance, there is a growing demand for foldable smartphones, with Samsung Electronics Co. announcing the fifth generation of its foldable smartphones in July 2023. Additionally, there is a notable trend towards the launch of new smartphones from popular ranges, such as Motorola's Edge range, which includes the Edge 30 Fusion and Edge 30 Neo.

Market Segmentation

Chile Smartphones Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Operating System

- Android
- iOS
- Windows

Market Breakup by Category

- Mass
- Premium

Market Breakup by Distribution Channel

- OEM Stores
- Retailers
- Online
- Others

Competitive Landscape

Market players are focused on launching more 5G-enabled smartphones to cater to the evolving preferences of consumers in Chile.

- Samsung Electronics Co. Ltd.

- Apple Inc.

- Xiaomi Corp.

- Huawei Technologies Co., Ltd.

- BBK Electronics Corp. Ltd. (Oppo)

- Honor Device Co., Ltd.

- Lenovo Group Limited (Motorola Mobility, LLC)

- Others

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Latin America Smartphones Market Overview
5.1 Key Industry Highlights
5.2 Latin America Smartphones Historical Market (2018-2024)
5.3 Latin America Smartphones Market Forecast (2025-2034)
6 Chile Smartphones Market Overview
6.1 Key Industry Highlights
6.2 Chile Smartphones Historical Market (2018-2024)
6.3 Chile Smartphones Market Forecast (2025-2034)
7 Chile Smartphones Market by Operating System
7.1 Android
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 iOS
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Windows
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
8 Chile Smartphones Market by Category
8.1 Mass
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Premium
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
9 Chile Smartphones Market by Distribution Channel
9.1 OEM Stores
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Retailers
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Online
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyers Powers
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis (HS Code - 851713)
12.1 Major Exporting Countries
12.1.1 By Value
12.1.2 By Volume
12.2 Major Importing Countries
12.2.1 By Value
12.2.2 By Volume
13 Price Analysis
14 Competitive Landscape
14.1 Supplier Selection
14.2 Key Global Players
14.3 Key Regional Players
14.4 Key Player Strategies
14.5 Company Profiles
14.5.1 Samsung Electronics Co. Ltd.
14.5.1.1 Company Overview
14.5.1.2 Product Portfolio
14.5.1.3 Demographic Reach and Achievements
14.5.1.4 Certifications
14.5.2 Apple Inc.
14.5.2.1 Company Overview
14.5.2.2 Product Portfolio
14.5.2.3 Demographic Reach and Achievements
14.5.2.4 Certifications
14.5.3 Xiaomi Corp.
14.5.3.1 Company Overview
14.5.3.2 Product Portfolio
14.5.3.3 Demographic Reach and Achievements
14.5.3.4 Certifications
14.5.4 Huawei Technologies Co., Ltd.
14.5.4.1 Company Overview
14.5.4.2 Product Portfolio
14.5.4.3 Demographic Reach and Achievements
14.5.4.4 Certifications
14.5.5 BBK Electronics Corp. Ltd. (Oppo)
14.5.5.1 Company Overview
14.5.5.2 Product Portfolio
14.5.5.3 Demographic Reach and Achievements
14.5.5.4 Certifications
14.5.6 Honor Device Co., Ltd.
14.5.6.1 Company Overview
14.5.6.2 Product Portfolio
14.5.6.3 Demographic Reach and Achievements
14.5.6.4 Certifications
14.5.7 Lenovo Group Limited (Motorola Mobility, LLC)
14.5.7.1 Company Overview
14.5.7.2 Product Portfolio
14.5.7.3 Demographic Reach and Achievements
14.5.7.4 Certifications
14.5.8 Others

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