| Product Code: ETC11373493 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Latvia continues to be a key importer of adtech products, with China, Estonia, Germany, Spain, and Metropolitan France leading the way in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting strong competition among these top exporting countries. The impressive Compound Annual Growth Rate (CAGR) of 46.17% from 2020 to 2024 highlights the increasing demand for adtech in Latvia. Furthermore, the notable growth rate of 43.84% from 2023 to 2024 demonstrates the continued expansion and opportunities within the adtech import market in Latvia.

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 Adtech Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Adtech Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Adtech Market - Industry Life Cycle |
3.4 Latvia Adtech Market - Porter's Five Forces |
3.5 Latvia Adtech Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Adtech Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Adtech Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing internet penetration rate in Latvia |
4.2.2 Growing digital advertising spending by businesses in Latvia |
4.2.3 Adoption of programmatic advertising technology in the Latvian market |
4.3 Market Restraints |
4.3.1 Lack of skilled workforce in the adtech industry in Latvia |
4.3.2 Data privacy concerns and regulations impacting ad targeting capabilities |
4.3.3 Economic uncertainties affecting marketing budgets of businesses in Latvia |
5 Latvia Adtech Market Trends |
6 Latvia Adtech Market, By Types |
6.1 Latvia Adtech Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Adtech Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Adtech Market Revenues & Volume, By Display Advertising, 2021 - 2031F |
6.1.4 Latvia Adtech Market Revenues & Volume, By Search Advertising, 2021 - 2031F |
6.1.5 Latvia Adtech Market Revenues & Volume, By Social Media Advertising, 2021 - 2031F |
6.1.6 Latvia Adtech Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Latvia Adtech Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Adtech Market Revenues & Volume, By Retail, 2021 - 2031F |
6.2.3 Latvia Adtech Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.2.4 Latvia Adtech Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.2.5 Latvia Adtech Market Revenues & Volume, By BFSI, 2021 - 2031F |
6.2.6 Latvia Adtech Market Revenues & Volume, By Others, 2021 - 2031F |
7 Latvia Adtech Market Import-Export Trade Statistics |
7.1 Latvia Adtech Market Export to Major Countries |
7.2 Latvia Adtech Market Imports from Major Countries |
8 Latvia Adtech Market Key Performance Indicators |
8.1 Average CTR (Click-Through Rate) on digital ads in Latvia |
8.2 Adoption rate of AI-powered ad optimization tools in the Latvian adtech market |
8.3 Average time spent on ad-supported digital platforms in Latvia |
8.4 Rate of adoption of mobile advertising formats in Latvia |
8.5 Percentage of ad budgets allocated to programmatic advertising in Latvia |
9 Latvia Adtech Market - Opportunity Assessment |
9.1 Latvia Adtech Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Adtech Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Adtech Market - Competitive Landscape |
10.1 Latvia Adtech Market Revenue Share, By Companies, 2024 |
10.2 Latvia Adtech Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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