| Product Code: ETC7913504 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In 2024, Latvia continued to see significant imports of intelligent assistant embedded consumer devices from neighboring countries like Lithuania and Estonia, as well as from global players such as China and Italy. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a steep decline with a negative compound annual growth rate (CAGR) of -35.64% from 2020 to 2024. The growth rate in 2024 further plummeted by -70.53%, reflecting challenges and shifts in consumer demand and market dynamics within the intelligent assistant sector.
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 Intelligent Assistant Embedded Consumer Devices Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Intelligent Assistant Embedded Consumer Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Intelligent Assistant Embedded Consumer Devices Market - Industry Life Cycle |
3.4 Latvia Intelligent Assistant Embedded Consumer Devices Market - Porter's Five Forces |
3.5 Latvia Intelligent Assistant Embedded Consumer Devices Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
4 Latvia Intelligent Assistant Embedded Consumer Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for smart home devices and automation. |
4.2.2 Growing adoption of Internet of Things (IoT) technology. |
4.2.3 Advancements in artificial intelligence and natural language processing technologies. |
4.3 Market Restraints |
4.3.1 Data privacy and security concerns related to the use of intelligent assistant devices. |
4.3.2 High initial costs of intelligent assistant embedded consumer devices. |
4.3.3 Limited awareness and understanding of the benefits of intelligent assistant technology among consumers. |
5 Latvia Intelligent Assistant Embedded Consumer Devices Market Trends |
6 Latvia Intelligent Assistant Embedded Consumer Devices Market, By Types |
6.1 Latvia Intelligent Assistant Embedded Consumer Devices Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Intelligent Assistant Embedded Consumer Devices Market Revenues & Volume, By Device Type, 2021- 2031F |
6.1.3 Latvia Intelligent Assistant Embedded Consumer Devices Market Revenues & Volume, By Mobile devices, 2021- 2031F |
6.1.4 Latvia Intelligent Assistant Embedded Consumer Devices Market Revenues & Volume, By Personal computers, 2021- 2031F |
6.1.5 Latvia Intelligent Assistant Embedded Consumer Devices Market Revenues & Volume, By Household devices, 2021- 2031F |
6.1.6 Latvia Intelligent Assistant Embedded Consumer Devices Market Revenues & Volume, By Home video entertainment devices, 2021- 2031F |
7 Latvia Intelligent Assistant Embedded Consumer Devices Market Import-Export Trade Statistics |
7.1 Latvia Intelligent Assistant Embedded Consumer Devices Market Export to Major Countries |
7.2 Latvia Intelligent Assistant Embedded Consumer Devices Market Imports from Major Countries |
8 Latvia Intelligent Assistant Embedded Consumer Devices Market Key Performance Indicators |
8.1 Number of active users engaging with intelligent assistant devices. |
8.2 Rate of adoption of intelligent assistant technology in households. |
8.3 Customer satisfaction and retention rates related to intelligent assistant devices. |
8.4 Frequency of software updates and improvements for intelligent assistant devices. |
8.5 Level of integration with other smart home devices and systems. |
9 Latvia Intelligent Assistant Embedded Consumer Devices Market - Opportunity Assessment |
9.1 Latvia Intelligent Assistant Embedded Consumer Devices Market Opportunity Assessment, By Device Type, 2021 & 2031F |
10 Latvia Intelligent Assistant Embedded Consumer Devices Market - Competitive Landscape |
10.1 Latvia Intelligent Assistant Embedded Consumer Devices Market Revenue Share, By Companies, 2024 |
10.2 Latvia Intelligent Assistant Embedded Consumer Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |