| Product Code: ETC5200620 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Latvia saw a shift in the concentration of networking equipment imports, moving from high concentration in 2023 to moderate concentration. The top exporting countries to Latvia in 2024 were Vietnam, China, Lithuania, USA, and Netherlands. Despite a slight decline in the compound annual growth rate (CAGR) from 2020-24 at -0.37%, there was a positive growth rate of 2.79% from 2023-24. This indicates a stable market for networking equipment imports in Latvia, with diverse sources contributing to the supply chain.
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 Networking Equipment Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Networking Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Networking Equipment Market - Industry Life Cycle |
3.4 Latvia Networking Equipment Market - Porter's Five Forces |
3.5 Latvia Networking Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Networking Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Networking Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-speed internet and data connectivity in Latvia |
4.2.2 Growing adoption of cloud services and digital transformation initiatives |
4.2.3 Government investments in infrastructure development and smart city projects |
4.3 Market Restraints |
4.3.1 Economic uncertainty and fluctuations in the Latvian market |
4.3.2 Technological advancements leading to shorter product life cycles |
4.3.3 Intense competition from global networking equipment manufacturers |
5 Latvia Networking Equipment Market Trends |
6 Latvia Networking Equipment Market Segmentations |
6.1 Latvia Networking Equipment Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Networking Equipment Market Revenues & Volume, By Switches, 2021-2031F |
6.1.3 Latvia Networking Equipment Market Revenues & Volume, By Routers, 2021-2031F |
6.1.4 Latvia Networking Equipment Market Revenues & Volume, By Modem, 2021-2031F |
6.1.5 Latvia Networking Equipment Market Revenues & Volume, By Set-Top Boxes, 2021-2031F |
6.2 Latvia Networking Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Networking Equipment Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Latvia Networking Equipment Market Revenues & Volume, By Industrial Manufacturing, 2021-2031F |
6.2.4 Latvia Networking Equipment Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Networking Equipment Market Import-Export Trade Statistics |
7.1 Latvia Networking Equipment Market Export to Major Countries |
7.2 Latvia Networking Equipment Market Imports from Major Countries |
8 Latvia Networking Equipment Market Key Performance Indicators |
8.1 Average revenue per user (ARPU) for networking services in Latvia |
8.2 Percentage of businesses in Latvia using advanced networking solutions |
8.3 Number of new networking equipment installations in key industries in Latvia |
8.4 Percentage increase in internet penetration rate in Latvia |
8.5 Number of networking equipment vendors entering or expanding in the Latvian market |
9 Latvia Networking Equipment Market - Opportunity Assessment |
9.1 Latvia Networking Equipment Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Networking Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Networking Equipment Market - Competitive Landscape |
10.1 Latvia Networking Equipment Market Revenue Share, By Companies, 2024 |
10.2 Latvia Networking Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |