#smartphone market share

[narwatharsh01]

Smartphone Market Trends, Analysis, and Outlook

Introduction:

The smartphone market is a dynamic and ever-evolving industry that plays a pivotal role in shaping the global technological landscape. As of the latest available data in 2023, the smartphone market size reached an impressive $522 billion, reflecting a steady growth trajectory. In this article, we will delve into the key trends, analysis, and outlook for the smartphone market, exploring the market share, growth, and revenue that define the industry.

Smartphone Market Size and Share:

The smartphone market has witnessed robust expansion, with the global market size surging to new heights. According to the latest statistics, the smartphone market is anticipated to exceed 1.5 billion units in sales by the end of 2023. This surge is fueled by the increasing demand for advanced features, enhanced connectivity, and the integration of cutting-edge technologies.

In terms of market share, industry leaders continue to dominate, with companies like Apple, Samsung, and Huawei maintaining a significant presence. As of the latest available data, Apple held a remarkable 23% of the global market share, closely followed by Samsung with 20%, showcasing the fierce competition among top players.

Smartphone Market Growth and Revenue:

The growth of smartphone market is not only reflected in the increasing unit sales but also in the revenue generated by industry players. The global smartphone market revenue witnessed a 9% year-on-year growth, reaching an unprecedented $522 billion in 2023. This growth can be attributed to factors such as the introduction of 5G technology, rising consumer disposable income, and a continuous influx of innovative features and designs.

The integration of 5G technology has been a game-changer, driving higher demand for smartphones with enhanced connectivity and faster data speeds. This technological shift has not only fueled market growth but has also opened new opportunities for manufacturers and service providers to capitalize on the evolving needs of consumers.

Smartphone Market Trends:

Several trends are shaping the smartphone market, influencing consumer preferences and industry dynamics. One notable trend is the increasing focus on sustainability and eco-friendly practices. Consumers are becoming more conscious of the environmental impact of electronic devices, prompting smartphone manufacturers to adopt eco-friendly materials, reduce packaging waste, and implement recycling programs.

Another prominent trend is the continuous evolution of camera technology. Smartphone manufacturers are investing heavily in improving camera capabilities, including advanced sensors, artificial intelligence (AI) enhancements, and innovative shooting modes. The emphasis on camera technology reflects the growing importance of photography and videography in the smartphone user experience.

Smartphone Market Analysis:

A comprehensive analysis of the smartphone market reveals the importance of adapting to changing consumer behaviors and technological advancements. The rise of affordable and feature-rich smartphones in emerging markets is a significant factor driving global sales. Additionally, the shift towards online sales channels, coupled with aggressive marketing strategies, is reshaping the retail landscape for smartphones.

The increasing prevalence of subscription-based models and finance options is another aspect of the market analysis. Smartphone manufacturers are providing consumers with flexible payment plans and trade-in programs, making high-end devices more accessible and affordable.

Smartphone Industry Top Players:

The competition among top players in the smartphone industry remains intense. Apple, known for its premium devices and ecosystem, continues to capture a substantial market share. Samsung, a key player with a diverse product portfolio, remains a strong contender. Huawei, despite facing challenges, maintains a significant presence, especially in the Asian market.

Other notable players in the smartphone industry include Xiaomi, Oppo, and Vivo, which have gained popularity for offering feature-rich devices at competitive price points. The industry's dynamism is characterized by continuous innovation, strategic partnerships, and a focus on meeting the diverse needs of global consumers.

Smartphone Market Outlook:

Looking ahead, the smartphone market is poised for continued growth and innovation. The deployment of 6G technology is on the horizon, promising even faster data speeds and more advanced connectivity. Furthermore, the integration of augmented reality (AR) and virtual reality (VR) features is expected to redefine the smartphone user experience.

As the smartphone market evolves, manufacturers must stay attuned to consumer preferences, environmental concerns, and technological advancements. The industry's ability to navigate these dynamics will determine its resilience and competitiveness in the years to come.

Conclusion:

In conclusion, the smartphone industry is a dynamic and thriving industry, with a global market size surpassing $522 billion in 2023. The interplay of market share, growth, revenue, trends, analysis, and the top players underscores the complexity and competitiveness of the sector. As the industry continues to evolve, it is crucial for stakeholders to adapt to emerging trends, leverage innovative technologies, and prioritize sustainability to ensure sustained success in this ever-changing landscape.

[everytechever]

Smartphone market share declined 4%, Apple claims top position

According to Canalys research, in the last quarter of 2023, the smartphone market share worldwide grew by 8% compared to the previous year, hitting 319.5 million units. That’s a pretty good sign of things stabilizing and bouncing back. Now, for the whole of 2023, we did see a slight dip of 4% in total shipments, landing at 1.14 billion units compared to 2022. Guess who stole the show? Apple took…

[techfeeddata]

The global smartphone market is in decline this year for the third time in a row

The global smartphone market is in decline this year for the third time in a row

Samsung maintained its lead with a 22% market share, boosted by major stock-reduction promotions. The global smartphone market suffered its third straight decline this year amid turbulent global economic conditions. The smartphone market fell 9% in the latest quarter at the end of September compared to the same period a year earlier. Credit: Canalys “The gloomy economic outlook has led consumers…

[danielbrown99]

The market for smartphones is anticipated to rise as a result of rising R&D spending by major smartphone manufacturers.

The Asia Pacific area is predicted to keep a leading position in the global Smartphone industry, owing to the region's increasing smartphone adoption. According to the India Brand Equity Foundation, India is currently the world's second-largest telecommunications market, with 1.16 billion subscribers, and has had rapid expansion in the recent decade. According to a report issued by the GSM Association (GSMA) in partnership with Boston Consulting Group, the Indian mobile economy is fast rising and will contribute significantly to India's Gross Domestic Product (GDP) (BCG). In terms of app downloads, India surpassed the United States to become the second-largest market in 2019.

[californianewsin]

Five Small Tips You Can Save Thousends Of Dollars

[ronkeslens]

Apple's Design Rut: The Impact on Consumer Interest

When a market leader relies on brand loyalty while ignoring innovation and competition, the consequences can be severe. Apple is facing the risk of stagnation and losing consumer interest.

I’m not in the market for a new iPhone, but around this time of year, I usually look forward to watching Apple enthusiasts gear up for the latest release. There’s a certain buzz in the air, as people eagerly swap their current models for the new one, often citing the latest features as the reason. But this year? It feels different. I am not surprised about the drop in Apple’s shares. The demand…

[businessindustry]

Smartphone LiDAR Market Trends and Challenges 2024: Supporting Growth by 2032

The Reports and Insights, a leading market research company, has recently releases report titled “Smartphone LiDAR Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Smartphone LiDAR Market Size share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Smartphone LiDAR Market?

The global smartphone LiDAR market size reached US$ 1.8 billion in 2023. Looking forward, Reports and Insights expects the market to reach US$ 6.6 billion in 2032, exhibiting a growth rate (CAGR) of 15.6% during 2024-2032

What are Smartphone LiDAR?

Smartphone LiDAR is the integration of Light Detection and Ranging technology into smartphones, allowing for depth-sensing functionalities that enhance photography, augmented reality (AR), and spatial mapping. This technology operates by emitting laser pulses and measuring their return time to create precise 3D maps of the environment. In smartphones, LiDAR improves camera autofocus, enables advanced AR capabilities such as object occlusion, and enhances low-light photography by providing depth data for more precise image rendering.

Request for a sample copy with detail analysis: https://www.reportsandinsights.com/sample-request/1981

What are the growth prospects and trends in the Smartphone LiDAR industry?

The smartphone LiDAR market growth is driven by various factors. The market for smartphone LiDAR is rapidly expanding, fueled by growing interest in augmented reality (AR), improved camera features, and the widespread adoption of 3D sensing technologies. Integrating LiDAR into smartphones allows for more precise depth sensing and spatial mapping, enhancing AR applications and photography. As LiDAR technology advances and becomes more prevalent in both high-end and mid-range smartphones, the market is poised for substantial growth in the foreseeable future. Hence all these factors contribute to smartphone LiDAR market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

By Operating System:

iOS

Android

Segmentation By Region:

North America:

United States

Canada

Europe:

Germany

The U.K.

France

Spain

Italy

Russia

Poland

BENELUX

NORDIC

Rest of Europe

Asia Pacific:

China

Japan

India

South Korea

ASEAN

Australia & New Zealand

Rest of Asia Pacific

Latin America:

Brazil

Mexico

Argentina

Middle East & Africa:

Saudi Arabia

South Africa

United Arab Emirates

Israel

Who are the key players operating in the industry?

The report covers the major market players including:

Sony Depthsensing Solutions

Lumentum

AMS AG (Austria Micro Systems)

STMicroelectronics

Velodyne Lidar

Infineon Technologies

ams OSRAM

Texas Instruments (TI)

View Full Report: https://www.reportsandinsights.com/report/Smartphone LiDAR-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

Reports and Insights consistently mееt international benchmarks in the market research industry and maintain a kееn focus on providing only the highest quality of reports and analysis outlooks across markets, industries, domains, sectors, and verticals. We have bееn catering to varying market nееds and do not compromise on quality and research efforts in our objective to deliver only the very best to our clients globally.

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[industryinsightsandanalysis]

Smartphone-Connected Pacemaker Devices Market Current Analysis & Forecast by 2027

The global Smartphone-Connected Pacemaker Devices Market is projected to experience substantial growth by 2027, with a notable Compound Annual Growth Rate (CAGR) during the forecast period from 2021 to 2027. The increasing prevalence of heart failure and arrhythmia has driven the demand for advanced, smartphone-connected cardiac devices, known as pacemakers. These devices can track data and monitor patient health through wireless remote systems, indicating a significant market expansion in the coming years.

Several factors are driving this market, including the rising incidence of cardiovascular diseases and the increasing demand for connected medical devices. Growing consumer awareness and higher disposable incomes have also contributed to the market's growth. Moreover, advancements in pacemaker technology, such as multi-functional capabilities, are expected to further propel the market. Modern smart pacemakers utilize real-time EGM waveforms for monitoring and can be programmed to automatically record and store data when specific triggers are encountered. According to DiCardiology, approximately 3 million people worldwide had pacemakers in 2018, with around 600,000 new pacemakers implanted annually to treat bradycardia. The rising incidence of cardiovascular diseases, such as heart failure and stroke, is anticipated to boost the demand for smartphone-connected pacemakers.

For a comprehensive analysis of the market drivers, visit:  https://univdatos.com/report/smartphone-connected-pacemaker-devices-market

The COVID-19 pandemic significantly impacted the market, leading to a decline in demand due to lockdowns, trade suspensions, and the rescheduling of routine hospital operations. For example, the Journal of Arrhythmia reported a 73% reduction in pacemaker implants during the pandemic, along with a 78% decline in cardiovascular diagnoses and new pacemaker implants. However, the market has regained traction following the relaxation of COVID-19 restrictions.

The market is segmented by product type, with implantable and external pacemakers. In 2020, implantable pacemakers dominated the market due to their effectiveness in controlling heartbeats and their use in treating slow heart rates after heart attacks, surgeries, or medication overdoses. The market is also divided by type into MRI-compatible and conventional pacemakers. MRI-compatible pacemakers accounted for a major revenue share in 2020, as patients with heart conditions often require MRI scans to detect serious issues.

Application-wise, the market is segmented into Arrhythmia, Congestive Heart Failure, and others, with the Arrhythmia segment leading in 2020 due to the increasing prevalence of arrhythmia among the aging population. End-user segments include hospitals & cardiac centers, ambulatory surgical centers, and others. Hospitals & cardiac centers are expected to see significant growth due to their superior patient care and compensation offerings during surgeries.

For a sample report, visit: https://univdatos.com/request_form/form/438

The report also provides a detailed regional analysis, covering North America, Europe, Asia-Pacific, and the Rest of the World. North America led the market in 2020, driven by the presence of major companies and advanced healthcare infrastructure in the U.S. Key market players include Medtronic PLC, Boston Scientific Corporation, BIOTRONIK, LivaNova PLC, Abbott Laboratories, MEDICO SpA, Pacetronix, Osypka Medical, Inc., Lepu Medical Group, and Cook Medical. These companies have engaged in mergers, acquisitions, and partnerships to enhance their market presence in the smartphone-connected pacemaker devices sector.

Contact Us:

UnivDatos Market Insights

Email - contact@univdatos.com

Contact Number - +1 9782263411

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[mworldnews]

Breaking Ground: US Alleges Apple's Monopoly Grip on Smartphone Market

The tech world is buzzing with news of a groundbreaking legal battle as the US government takes on tech titan Apple in a landmark lawsuit. At the heart of the matter is the accusation that Apple has been monopolizing the smartphone market and stifling competition, particularly through its control of the iPhone app store. In the legal action, the US Department of Justice, along with the attorneys…

[marketreportsyouneed]

Smartphones with Wireless Charging Market Is Expected To Expand At A Exponential Revenue Growth During The Forecast Period

Smartphones with Wireless Charging Market Overview:

Smartphones with Wireless Charging has just released a new report titled "Global Analysis of Smartphones with Wireless Charging Market: Size, Share, and Opportunities up to 2032," providing a precise examination of the overall Smartphones with Wireless Charging market, encompassing economic factors and country-level insights. The report offers an in-depth analysis of the global market covering important aspects such as market size, share, revenue CAGR, growth factors, restraints, opportunities, challenges, and risk factors. 

Get Free PDF Sample Report + All Related Tables and Graphs: https://www.xcellentinsights.com/enquiry/sample/625013

Moreover, it provides an accurate analysis of how market pricing, competition, regional growth, gross margin, and consumption will affect the global market’s performance between 2023 and 2032. The information in the report is generated through rigorous primary and secondary research which is evaluated by professionals and key opinion leaders. The data is systematically arranged using figures, tables, charts, and diagrams for a better understanding of the market dynamics.

Report Details

Outcome

Market Size Available for Years

2023-2032

Base Year for Estimation

2022

Historical Data

2018-2021

Quantitative Units

Revenue in USD Million/Billion

Regions Covered

North America, Europe, Asia Pacific, Latin America, Middle East and Africa

Country Scope

United States, Canada, Germany, France, UK, Italy, Russia, China, Japan, South Korea, Southeast Asia, India, Mexico, Brazil, Saudi Arabia, UAE, Turkey

Segments Covered

Types, Applications, Regions, and more

Qualitative Info

Value Chain Analysis

Pricing Analysis

Regional Outlook

Market Trends

Market Share Analysis

Competition Analysis

Technological Advancements

Customization Scope

10 Hours of Free Customization and Expert Consultation

The global Smartphones with Wireless Charging market has experienced a rapid expansion in recent years and is expected to continue expanding during the forecast period. The market projections in the report have been meticulously generated through a thorough research methodology involving comprehensive secondary research, primary interviews, and meticulous in-house expert assessments. The influence of various social, political, and economic factors on the growth of the global Smartphones with Wireless Charging market has been thoughtfully taken into account during the formulation of these forecasts.

Would you like to ask a question? Ask Our Expert: https://www.xcellentinsights.com/enquiry/buying/625013

Smartphones with Wireless Charging Market Report Gives Answers to Following Key Questions:

How large was the global market in 2022?

What is the global market projected value for 2032?

What is the sales forecast for the global market through 2032?

What was the last 5 years’ CAGR for the global market?

Which countries/regions drive the demand within the Smartphones with Wireless Charging?

What is the United States market outlook?

What is the China market outlook?

What is the Germany market outlook?

Competitive Landscape:

The global market is extremely competitive with numerous market participants operating both regionally and globally. The report illuminates the global position, licensing arrangements, product introductions, and revenue statuses of each market participant. These leading players are actively engaged in implementing diverse strategies such as mergers, acquisitions, collaborations, partnerships, joint ventures, and licensing agreements.

Request Sample Copy of this Report: https://www.xcellentinsights.com/enquiry/sample/625013

Smartphones with Wireless Charging Key Players:

Samsung Apple LG Huawei Xiaomi OPPO

Global Smartphones with Wireless Charging Market Segmentation:

Our team of expert researchers has obtained a complete range of information related to market segmentation. The Smartphones with Wireless Charging market is segmented on the basis of type, application, and region:

Smartphones with Wireless Charging Market by Type:

7.5W 10W 15W More than 15W

Smartphones with Wireless Charging Market by Application:

Less than 20 Years Old 20-30 Years Old 31-40 Years Old More than 40 Years Old

Smartphones with Wireless Charging Market by Region:

North America (United States, Canada)

Europe (Germany, France, UK, Italy, Russia, Nordic Countries)

Asia Pacific (China, Japan, South Korea, Southeast Asia, India, Australia, Rest of Asia Pacific)

Latin America (Mexico, Brazil, Rest of Latin America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)

What are New Additions in 2023?

Detailed Industry Outlook

Additional Information on Company Players

Customized Report and Analyst Support On Request

Recent Market Developments and Futuristic Growth Opportunities

Customized Regional/Country Reports as Per Request

Customization of the Report:

In case of any queries or customization requirements feel free to connect with our sales team. Drop in a mail and we’ll contact you at the earliest.

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About Us:

Xcellent Insights is a global market research and management consulting company offering a plethora of syndicated research reports, customized research reports, consulting services, and useful insights to leading market players, investors, startups, and stakeholders. We cover niche and established markets and identify growth opportunities to help clients make informed decisions and achieve sustainable growth in their respective market domains. We excel in providing in-depth analysis and strive to cover the latest market and industry trends to offer the best services to our clients.

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[narwatharsh01]

Exploring Size, Trends, and Outlook of the Smartphone Market

In the ever-evolving realm of technology, the smartphone market stands as a dynamic and pivotal player. As we delve into the smartphone market's size, growth, analysis, trends, and outlook, we witness an industry that continues to redefine itself in response to consumer demands and technological advancements.

Smartphone Market Size and Growth

The global smartphone market has experienced remarkable expansion over the years, driven by factors such as increased connectivity, rising disposable incomes, and a growing appetite for digital services. According to the latest statistics, the smartphone market size surpassed 1.5 billion units in 2023, reflecting a 5% year-on-year growth.

This expansion can be attributed to the relentless innovation in smartphone technology, with manufacturers constantly pushing boundaries to offer consumers devices equipped with cutting-edge features, enhanced performance, and improved user experiences.

Smartphone Market Analysis

A deeper dive into the smartphone industry reveals a nuanced landscape shaped by intense competition and rapid technological advancements. Market analysis indicates that Asia-Pacific remains a dominant force, accounting for over 40% of the global smartphone market share. China, in particular, emerges as a key player, both as a significant consumer and producer in the smartphone industry.

Additionally, the market is witnessing a shift towards mid-range and premium smartphones, as consumers increasingly seek devices that offer a balance between advanced features and affordability. This change is reflected in the market share data, with mid-range smartphones capturing around 35% of the global market, signaling a departure from the previous dominance of budget-friendly options.

Smartphone Market Trends

The smartphone market is marked by several trends that underscore the industry's adaptability to emerging consumer needs. One of the notable trends is the integration of 5G technology into smartphones. With the global rollout of 5G networks, smartphone manufacturers are racing to release 5G-compatible devices, expecting this trend to drive market growth in the coming years.

Another significant trend is the emphasis on sustainability and eco-friendly practices. Consumers are increasingly conscious of the environmental impact of technology, prompting smartphone manufacturers to adopt greener production methods and recyclable materials.

Smartphone Market Outlook

Looking ahead, the smartphone market outlook remains optimistic, fueled by ongoing technological advancements and the continued demand for smarter, more efficient devices. Industry experts project the global smartphone market to witness a CAGR of around 6% from 2024 to 2028, with an anticipated market size exceeding 1.8 billion units by the end of this period.

The outlook is particularly promising for markets in developing regions, where increasing urbanization and a growing middle class contribute to the rising demand for smartphones. However, manufacturers must remain vigilant and adaptable, considering the ever-changing consumer preferences and the potential impact of external factors, such as geopolitical events and economic uncertainties.

Conclusion

In conclusion, the smartphone market is a dynamic and robust industry that constantly reinvents itself to meet the evolving needs of consumers. With a global market size exceeding 1.5 billion units and a projected growth rate of 6%, the outlook is undeniably positive. As the market continues to evolve, key trends such as 5G integration and sustainability will play pivotal roles in shaping the industry's trajectory. The smartphone market stands as a testament to the relentless pursuit of innovation, ensuring that these pocket-sized devices remain indispensable in our increasingly connected world.

[harshitasoni]

Thailand's Mobile Revolution: A Deep Dive into the Used Smartphone Market

the transformative journey of Thailand's Used Smartphone Industry in our latest report. Delve into revenue-based market size, detailed segmentation, and growth enablers shaping the market landscape. From digital adoption trends to competitive scenarios, understand the factors influencing market shares and projections. Stay ahead in this evolving industry with our comprehensive analysis.

[bishtmeenakshi]

The Future of Consumer Electronics: Market Insights and Forecast

Stay ahead in the ever-evolving consumer electronics market. Explore the latest trends, growth opportunities, and innovative technologies shaping the industry. Be a part of the future of electronics.

[versatile-blogger-1]

Foldable Smartphone Market Is Estimated To Witness High Growth Owing To Shifting Consumer Preferences   

Market Overview:

Foldable smartphones are innovative devices that offer the flexibility of a tablet and the portability of a smartphone. These devices come with a foldable display that can be expanded into a larger screen size, providing users with a unique and immersive experience. The market for foldable smartphones is driven by the increasing demand for advanced mobile devices with larger screens and improved functionality.

The global Foldable Smartphone Market Size is estimated to be valued at US$ 15.83 Bn in 2021 and is expected to exhibit a CAGR of 20.4% over the forecast period of 2021-2028, as highlighted in a new report published by Coherent Market Insights. Foldable smartphones offer several advantages over traditional smartphones. Firstly, they provide users with a larger display area, which enhances the overall user experience. This is especially beneficial for activities such as gaming, watching videos or movies, and browsing the internet. Additionally, foldable smartphones are highly portable and can be easily carried in pockets or bags, making them ideal for on-the-go use. Furthermore, these devices offer improved multitasking capabilities, as they can be used in different configurations, such as split-screen mode or extended mode. Market Key Trends:

  One key trend in the Foldable Smartphone Market is the integration of advanced display technologies. Manufacturers are focusing on developing foldable displays with higher resolutions, improved brightness levels, and enhanced color accuracy. For example, Samsung's Galaxy Z Fold series features Dynamic AMOLED displays that deliver vibrant visuals with true-to-life colors. This trend is driven by the increasing demand for immersive multimedia experiences and high-quality visuals. PEST Analysis:

Political: The political landscape can influence the adoption and regulation of foldable smartphones. Governments may impose import/export restrictions or impose regulations on the use of such devices. Economic: The economic factors, including disposable income and consumer spending patterns, play a crucial role in the market growth of foldable smartphones. As economies develop and consumers have higher purchasing power, the demand for premium devices like foldable smartphones is expected to increase. Social: The social factor revolves around consumer preferences and trends. As consumers seek advanced technologies and unique experiences, the demand for foldable smartphones is driven by social influences, such as peer recommendations and social media influence. Technological: Technological advancements drive the growth of the foldable smartphone market. The development of flexible displays, advanced hinge mechanisms, and durable materials contribute to the improvement in the design and functionality of foldable smartphones. Key Takeaways:

The global Foldable Smartphone Market is expected to witness high growth, exhibiting a CAGR of 20.4% over the forecast period, due to increasing consumer demand for devices with larger screens and improved functionality. For example, Huawei Mate Xs offers a larger display for gaming and multitasking purposes. In terms of regional analysis, Asia Pacific is expected to be the fastest-growing and dominating region in the foldable smartphone market. This can be attributed to the presence of major players in the region, such as Samsung, Huawei, and Xiaomi, as well as the growing consumer base with high purchasing power. Key players operating in the global Foldable Smartphone Market are Huawei, Lenovo Group Ltd., LG Electronics, Microsoft, Motorola, Oppo Co. Ltd, Royole, Samsung, Sony, TCL, and Xiaomi. These players are actively investing in research and development to enhance their product offerings and gain a competitive edge in the market. In conclusion, the Foldable Smartphone Market is witnessing significant growth due to the shifting consumer preferences for larger screens and improved functionality. With advancements in display technologies and increasing investment by key players, the market is expected to flourish in the coming years.

[futuretonext]

The Chile Smartphone Market is projected to grow at a CAGR of around 6.5% during the forecast period, i.e., 2023-28. Unlike most countries of Latin America, which have exhibited a regional trend of YoY declines, Chile improved and emerged as one of the most stable countries in the region. In South America, FDI grew by 74 percent(YoY) in 2021, fueled by the higher demand for commodities and green minerals, cites UNCTAD World Investment Report 2022.