| Product Code: ETC5113372 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia continued to see steady growth in computer hardware import shipments, with Lithuania, China, Netherlands, Poland, and Germany emerging as the top exporting countries. Despite a slight decline in growth rate from 2023 to 2024, the industry maintained a moderate concentration level, as indicated by the Herfindahl-Hirschman Index (HHI). With a compound annual growth rate (CAGR) of 3.93% from 2020 to 2024, the Latvian market for computer hardware imports remains resilient, driven by a diverse range of suppliers contributing to its expansion.

In the Europe region, the Computer Hardware market in Latvia is projected to expand at a stable growth rate of 0.57% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latvia Computer Hardware Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Computer Hardware Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Computer Hardware Market - Industry Life Cycle |
3.4 Latvia Computer Hardware Market - Porter's Five Forces |
3.5 Latvia Computer Hardware Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Computer Hardware Market Revenues & Volume Share, By End-User, 2021 & 2031F |
3.7 Latvia Computer Hardware Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Computer Hardware Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced computing technologies in various industries |
4.2.2 Growth in the IT sector and digital transformation initiatives in Latvia |
4.2.3 Rising internet penetration and increasing adoption of cloud computing services |
4.3 Market Restraints |
4.3.1 High initial investment required for purchasing computer hardware |
4.3.2 Rapid technological advancements leading to shorter product lifecycle |
4.3.3 Economic slowdown or fluctuations impacting consumer spending on computer hardware |
5 Latvia Computer Hardware Market Trends |
6 Latvia Computer Hardware Market Segmentations |
6.1 Latvia Computer Hardware Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Computer Hardware Market Revenues & Volume, By Computer Peripheral Equipment, 2021-2031F |
6.1.3 Latvia Computer Hardware Market Revenues & Volume, By Computer Storage Devices and Servers, 2021-2031F |
6.1.4 Latvia Computer Hardware Market Revenues & Volume, By Computers, 2021-2031F |
6.2 Latvia Computer Hardware Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Computer Hardware Market Revenues & Volume, By Household, 2021-2031F |
6.2.3 Latvia Computer Hardware Market Revenues & Volume, By Commercial, 2021-2031F |
6.3 Latvia Computer Hardware Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Computer Hardware Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Latvia Computer Hardware Market Revenues & Volume, By Offline, 2021-2031F |
7 Latvia Computer Hardware Market Import-Export Trade Statistics |
7.1 Latvia Computer Hardware Market Export to Major Countries |
7.2 Latvia Computer Hardware Market Imports from Major Countries |
8 Latvia Computer Hardware Market Key Performance Indicators |
8.1 Average selling price (ASP) of computer hardware products |
8.2 Adoption rate of new technologies in the computer hardware market |
8.3 Rate of investment in research and development for computer hardware innovations |
9 Latvia Computer Hardware Market - Opportunity Assessment |
9.1 Latvia Computer Hardware Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Computer Hardware Market Opportunity Assessment, By End-User, 2021 & 2031F |
9.3 Latvia Computer Hardware Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Computer Hardware Market - Competitive Landscape |
10.1 Latvia Computer Hardware Market Revenue Share, By Companies, 2024 |
10.2 Latvia Computer Hardware Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |