| Product Code: ETC7921716 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The smart television (TV) sticks import shipments to Latvia in 2024 continued to see a high level of concentration, with top exporting countries being Denmark, Germany, China, Netherlands, and Estonia. The high Herfindahl-Hirschman Index (HHI) indicates a consolidated market. The impressive compound annual growth rate (CAGR) of 72.66% from 2020 to 2024 showcases the increasing demand for smart TV technology in Latvia. Furthermore, the remarkable growth rate of 141.85% from 2023 to 2024 suggests a rapidly expanding market for smart TV sticks in the country.

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 Smart Television (TV) Sticks Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Smart Television (TV) Sticks Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Smart Television (TV) Sticks Market - Industry Life Cycle |
3.4 Latvia Smart Television (TV) Sticks Market - Porter's Five Forces |
3.5 Latvia Smart Television (TV) Sticks Market Revenues & Volume Share, By Video support, 2021 & 2031F |
3.6 Latvia Smart Television (TV) Sticks Market Revenues & Volume Share, By Sales channels, 2021 & 2031F |
4 Latvia Smart Television (TV) Sticks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for streaming services and smart TV capabilities among consumers in Latvia |
4.2.2 Rising disposable income and technological advancements driving the adoption of smart TV sticks |
4.2.3 Growing trend towards cord-cutting and preference for on-demand content consumption |
4.3 Market Restraints |
4.3.1 Limited internet connectivity or poor broadband infrastructure in certain regions of Latvia |
4.3.2 High initial cost of smart TV sticks compared to traditional TV options |
4.3.3 Competition from other smart TV devices and platforms in the market |
5 Latvia Smart Television (TV) Sticks Market Trends |
6 Latvia Smart Television (TV) Sticks Market, By Types |
6.1 Latvia Smart Television (TV) Sticks Market, By Video support |
6.1.1 Overview and Analysis |
6.1.2 Latvia Smart Television (TV) Sticks Market Revenues & Volume, By Video support, 2021- 2031F |
6.1.3 Latvia Smart Television (TV) Sticks Market Revenues & Volume, By Non-4K, 2021- 2031F |
6.1.4 Latvia Smart Television (TV) Sticks Market Revenues & Volume, By 4k and above, 2021- 2031F |
6.2 Latvia Smart Television (TV) Sticks Market, By Sales channels |
6.2.1 Overview and Analysis |
6.2.2 Latvia Smart Television (TV) Sticks Market Revenues & Volume, By Third party online channels, 2021- 2031F |
6.2.3 Latvia Smart Television (TV) Sticks Market Revenues & Volume, By Direct to customer online channels, 2021- 2031F |
6.2.4 Latvia Smart Television (TV) Sticks Market Revenues & Volume, By Franchised electronics outlets, 2021- 2031F |
6.2.5 Latvia Smart Television (TV) Sticks Market Revenues & Volume, By Independent electronics outlets, 2021- 2031F |
6.2.6 Latvia Smart Television (TV) Sticks Market Revenues & Volume, By Modern trade channels, 2021- 2031F |
7 Latvia Smart Television (TV) Sticks Market Import-Export Trade Statistics |
7.1 Latvia Smart Television (TV) Sticks Market Export to Major Countries |
7.2 Latvia Smart Television (TV) Sticks Market Imports from Major Countries |
8 Latvia Smart Television (TV) Sticks Market Key Performance Indicators |
8.1 Average time spent on streaming platforms per user |
8.2 Number of households with smart TV sticks |
8.3 Percentage of households with access to high-speed internet connections suitable for streaming |
8.4 Average monthly data consumption for streaming purposes |
8.5 Percentage of TV households that have adopted smart TV technology |
9 Latvia Smart Television (TV) Sticks Market - Opportunity Assessment |
9.1 Latvia Smart Television (TV) Sticks Market Opportunity Assessment, By Video support, 2021 & 2031F |
9.2 Latvia Smart Television (TV) Sticks Market Opportunity Assessment, By Sales channels, 2021 & 2031F |
10 Latvia Smart Television (TV) Sticks Market - Competitive Landscape |
10.1 Latvia Smart Television (TV) Sticks Market Revenue Share, By Companies, 2024 |
10.2 Latvia Smart Television (TV) Sticks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |