| Product Code: ETC7906217 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s import of Bluetooth beacons in 2024 continued to be dominated by shipments from Vietnam, China, Lithuania, Netherlands, and the USA. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was modest at 0.99%, with a slight growth rate of 0.88% from 2023 to 2024. This data suggests a stable market with key players maintaining their positions in supplying Bluetooth beacons to Latvia.
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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 Bluetooth Beacons Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Bluetooth Beacons Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Bluetooth Beacons Market - Industry Life Cycle |
3.4 Latvia Bluetooth Beacons Market - Porter's Five Forces |
3.5 Latvia Bluetooth Beacons Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Latvia Bluetooth Beacons Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Latvia Bluetooth Beacons Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of IoT technology in various industries leading to the demand for Bluetooth beacons for location-based services. |
4.2.2 Growing emphasis on enhancing customer experience and engagement in retail and hospitality sectors through proximity marketing. |
4.2.3 Rise in the use of Bluetooth beacons for asset tracking and management in logistics and healthcare industries. |
4.3 Market Restraints |
4.3.1 Concerns over data privacy and security related to the use of Bluetooth beacons, leading to regulatory challenges. |
4.3.2 Limited awareness and understanding among businesses about the potential applications and benefits of Bluetooth beacons. |
4.3.3 Competition from alternative technologies such as RFID and Wi-Fi positioning systems impacting market penetration. |
5 Latvia Bluetooth Beacons Market Trends |
6 Latvia Bluetooth Beacons Market, By Types |
6.1 Latvia Bluetooth Beacons Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Latvia Bluetooth Beacons Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Latvia Bluetooth Beacons Market Revenues & Volume, By iBeacon, 2021- 2031F |
6.1.4 Latvia Bluetooth Beacons Market Revenues & Volume, By Eddystone, 2021- 2031F |
6.1.5 Latvia Bluetooth Beacons Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Bluetooth Beacons Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Latvia Bluetooth Beacons Market Revenues & Volume, By Retail, 2021- 2031F |
6.2.3 Latvia Bluetooth Beacons Market Revenues & Volume, By Travel & tourism, 2021- 2031F |
6.2.4 Latvia Bluetooth Beacons Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.2.5 Latvia Bluetooth Beacons Market Revenues & Volume, By Financial institutions, 2021- 2031F |
6.2.6 Latvia Bluetooth Beacons Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Bluetooth Beacons Market Import-Export Trade Statistics |
7.1 Latvia Bluetooth Beacons Market Export to Major Countries |
7.2 Latvia Bluetooth Beacons Market Imports from Major Countries |
8 Latvia Bluetooth Beacons Market Key Performance Indicators |
8.1 Average number of active Bluetooth beacons deployed per site. |
8.2 Percentage increase in the use of Bluetooth beacons for indoor navigation and wayfinding. |
8.3 Rate of adoption of Bluetooth beacons in emerging sectors like healthcare and smart buildings. |
9 Latvia Bluetooth Beacons Market - Opportunity Assessment |
9.1 Latvia Bluetooth Beacons Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Latvia Bluetooth Beacons Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Latvia Bluetooth Beacons Market - Competitive Landscape |
10.1 Latvia Bluetooth Beacons Market Revenue Share, By Companies, 2024 |
10.2 Latvia Bluetooth Beacons Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |