The Chile smartphones market size is projected to grow at a CAGR of 4.30% between 2026 and 2035.
Base Year
Historical Period
Forecast Period
Chile smartphones market growth is driven by factors such as increased disposable income, higher smartphone affordability, and a growing market for 5G smartphones.
The market is dominated by Samsung Electronics, Apple Inc., and Chinese electronics giant Xiaomi, which has emerged as the third-largest smartphone vendor in Chile, outpacing Huawei.
As per industry reports, the country was home to 16.55 million social media users in January 2023, representing 84.4% of the total population. This has positively impacted the market’s growth trajectory.
Compound Annual Growth Rate
4.3%
2026-2035
*this image is indicative*
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.
"Chile Smartphones Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:
Market Breakup by Operating System
Market Breakup by Category
Market Breakup by Distribution Channel
Market players are focused on launching more 5G-enabled smartphones to cater to the evolving preferences of consumers in Chile.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is expected to grow at a CAGR of 4.30% between 2026 and 2035.
The market is being driven due to increasing demand for smartphones, the growing adoption of 5G smartphones, the increasing consumer acceptance of budget smartphone models, and the country's trade agreements and export opportunities.
Key trends aiding the market expansion include demand for foldable smartphones, availability of various financing options, and the frequent launch of new smartphones from popular brands.
Different distribution channel in the market are OEM stores, retailers, and online, among others.
Based on operating system, the market segmentations include android, iOS, and windows.
Key players in the market are Samsung Electronics Co. Ltd., Apple Inc., Xiaomi Corp., Huawei Technologies Co., Ltd., BBK Electronics Corp. Ltd. (Oppo), Honor Device Co., Ltd., and Lenovo Group Limited (Motorola Mobility, LLC) among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Operating System |
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| Breakup by Category |
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| Breakup by Distribution Channel |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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