Electronics market in Latvia
The Latvian Electronics eCommerce market is predicted to reach US$153.1 million by 2024 and accounts for 20.4% of the total eCommerce market in Latvia. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 0.2%, resulting in a projected market volume of US$154.4 million by 2028. Within the Electronics market ECDB considers the following two sub-markets: Consumer Electronics and Electrical Appliances.
Market development
eCommerce revenue development in the Tablets market in Latvia
The Latvian Tablets eCommerce market is predicted to reach US$4.3 million by 2024 and accounts for 18.1% of the Computing eCommerce market in Latvia. It is expected to decrease over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be -0.9%, resulting in a projected market volume of US$4.1 million by 2028. The Tablets eCommerce market is a sub-market of the Computing market. Further categories within the Computing market are: Desktop PCs, Monitors, Notebooks & Laptops, and Other Computing.
eCommerce revenue development in the Tablets market in Latvia
eCommerce revenue growth in the Tablets market in Latvia
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 27.2 | 77.8 | 13.0 | 84.7 | 89.9 | 22.1 | 9.6 | 43.4 |
Market definition
Definition of the Tablets market within the Electronics market
Market definition: Electronics > Consumer Electronics > Computing > Tablets The category Tablets includes the online trade of tablets (e.g. ipad, samsung galaxy tab, lg optimus pad), kids' tablets, gaming tablets, and more. This category does not cover 2-in-1 convertible tablets and tablet accessories (e.g. cases, screen protectors, stylus pens, keyboards, chargers, docking stations). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Tablets (e.g. iPad, Samsung Galaxy Tab, LG Optimus Pad)
- Kids' tablets
- Gaming tablets
- eBook readers
Out-of-scope
- 2-in-1 convertible tablets
- Tablet accessories (e.g. cases, screen protectors, stylus pens, keyboards, chargers, docking stations)
Market comparison
The Latvian Tablets market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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