Market Insights Consumer Consumer Electronics TV Peripheral Devices

Smart Streaming Devices - Baltics

Baltics

The revenue generated in the Smart Streaming Devices market in Baltics is projected to reach US$14.5m in 2024.
This market segment is anticipated to witness an annual growth rate of 9.56% (CAGR 2024-2029).
In comparison to other countries, in the United States leads in revenue generation with US$2,731.0m in 2024.
When considering the total population, the per person revenue in Baltics is expected to amount to US$2.53 in 2024.
The volume of the Smart Streaming Devices market in Baltics is estimated to reach 451.3k pieces by 2029.
Additionally, a volume growth of 11.9% is projected for the year 2025.
The average volume per person in the Smart Streaming Devices market in Baltics is expected to be 0.1pieces in 2024.
The demand for smart streaming devices in the Baltics is on the rise, with consumers increasingly seeking convenience and access to online streaming services.

Key regions: Brazil, Europe, Germany, Worldwide, Canada

Market

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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on electronic and digital devices used privately either for entertainment (televisions, game consoles, smart speakers, etc.), communication (telephones, smartphones, etc.) or home-office activities (printers, copiers, etc.).

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., the Statista Global Consumer Survey), as well as performance factors (e.g., user penetration, price per product, usage). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, number of internet users, smartphone penetration rate, household number and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting electronic products due to the non-linear growth of technology adoption and regular product upgrade. The main drivers are GDP per capita, consumer spending per capita, and 5G penetration rate.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). GCS data is reweighted for representativeness.