Mobile wallet is a mobile phone-based service that allows users to control and store their online shopping information, such as passwords, logins, card details, and shipping address. It is also used for transferring money and financial services.We have segmented the mobile wallet market into two levels.

The market leader for local telephony is the incumbent Telefónica Chile (trading as Movistar). Its main competitors are VTR, the GTD group (including GTD Manquehue, GTD Telesat, Telsur, and Telcoy), Entel, and Claro. Apart from southern Chile, where Telsur has operated since 1893, Telefónica Chile was the only operator authorised to provide local fixed-line until 1980, when the government licensed Compañía Telefónica Manquehue (now GTD Manquehue) and Complejo Manufacturero de Equipos Telefónicos (CMET) to offer local telephony in parts of the Santiago metropolitan area. Entel entered the local telephony market in 1995 and VTR in 1997. Several other operators launched competing local services during the 1990s. A few companies (Will, Fullcom, Netline, and Quantax) launched services between 2005 and 2008 with fixed wireless or IP telephony offerings.

The cloud market has particularly strong growth potential, underpinned by government initiatives and major investment by vendors in infrastructure and human capital. A new cybersecurity law will protect local cloud and hosting players from growing international competition. Growing international concerns about Chinese companies' ability to disrupt and stifle competition will limit the potential growth trajectories of players such as Huawei and Inspur.  Softening demand for tablet computers, mitigated by lengthening notebook replacement cycles and the power of smartphones as a computing alternative, weakens the outlook for devices and associated software and services.  Low-cost smartphones and phablet devices will continue to pose downside risks to household PC penetration in low-income areas where price sensitivity remains high. Improving levels of enterprise PC penetration by industrial sector and region in 2015 suggest that there were significant strides towards PC uptake made during the course of the 12th Five Year Plan (2011-2015). Strong government emphasis on technological development and innovative prowess will continue to keep IT services levels elevated over the short- and medium term.