eCommerce - Latvia
- Latvia
- Revenue in the eCommerce market is projected to reach US$1,005.00m in 2023.
- Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 12.08%, resulting in a projected market volume of US$1,586.00m by 2027.
- With a projected market volume of US$1,396.00bn in 2023, most revenue is generated in China.
- In the eCommerce market, the number of users is expected to amount to 1.2m users by 2027.
- User penetration will be 59.3% in 2023 and is expected to hit 65.1% by 2027.
- The average revenue per user (ARPU) is expected to amount to US$924.70.
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