Latvia Computer Hardware Market (2025-2031) | Forecast, Segmentation, Trends, Growth, Share, Size, Revenue, Analysis, Value, Industry, Outlook & Companies

Market Forecast By Type (Computer Peripheral Equipment, Computer Storage Devices and Servers, Computers), By End-User (Household, Commercial), By Distribution Channel (Online, Offline) And Competitive Landscape
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

Latvia Computer Hardware Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

Latvia Computer Hardware Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Computer Hardware Market: Latvia vs Top 5 Major Economies in 2027 (Europe)


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.

Computer Hardware Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

  • Latvia Computer Hardware Market Outlook
  • Market Size of Latvia Computer Hardware Market, 2024
  • Forecast of Latvia Computer Hardware Market, 2031
  • Historical Data and Forecast of Latvia Computer Hardware Revenues & Volume for the Period 2021-2031
  • Latvia Computer Hardware Market Trend Evolution
  • Latvia Computer Hardware Market Drivers and Challenges
  • Latvia Computer Hardware Price Trends
  • Latvia Computer Hardware Porter`s Five Forces
  • Latvia Computer Hardware Industry Life Cycle
  • Historical Data and Forecast of Latvia Computer Hardware Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer Hardware Market Revenues & Volume By Computer Peripheral Equipment for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer Hardware Market Revenues & Volume By Computer Storage Devices and Servers for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer Hardware Market Revenues & Volume By Computers for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer Hardware Market Revenues & Volume By End-User for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer Hardware Market Revenues & Volume By Household for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer Hardware Market Revenues & Volume By Commercial for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer Hardware Market Revenues & Volume By Distribution Channel for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer Hardware Market Revenues & Volume By Online for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer Hardware Market Revenues & Volume By Offline for the Period 2021-2031
  • Latvia Computer Hardware Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By End-User
  • Market Opportunity Assessment By Distribution Channel
  • Latvia Computer Hardware Top Companies Market Share
  • Latvia Computer Hardware Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Computer Hardware Company Profiles
  • Latvia Computer Hardware Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Computer Hardware Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Computer Hardware Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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

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