Latvia Computer Storage Devices Market (2025-2031) | Companies, Analysis, Size, Forecast, Growth, Value, Revenue, Segmentation, Share, Trends, Outlook & Industry

Name: Latvia Computer Storage Devices Market (2025-2031) | Revenue & Value
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Type (Hard Disk Drives, Solid State Drives, Memory Cards, Floppy Disks, Optical Disk Drives, USB Flash Drives, Other), By Applications (Government, Enterprise, Private, Other) And Competitive Landscape

Product Code: ETC5365407	Publication Date: Nov 2023	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 60	No. of Figures: 30	No. of Tables: 5

Latvia Computer Storage Devices Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia saw a steady inflow of computer storage devices from top exporters including Thailand, Netherlands, Italy, Poland, and Czechia. Despite a negative Compound Annual Growth Rate (CAGR) of -7.38% from 2020 to 2024, the market showed resilience with a slightly improved growth rate of -4.59% from 2023 to 2024. The Herfindahl-Hirschman Index (HHI) indicated very low concentration levels, suggesting a diverse import market for computer storage devices in Latvia. Overall, the import landscape remains dynamic and competitive in the country.

Latvia Computer Storage Devices Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Latvia Computer Storage Devices Market Outlook
Market Size of Latvia Computer Storage Devices Market, 2024
Forecast of Latvia Computer Storage Devices Market, 2031
Historical Data and Forecast of Latvia Computer Storage Devices Revenues & Volume for the Period 2021-2031
Latvia Computer Storage Devices Market Trend Evolution
Latvia Computer Storage Devices Market Drivers and Challenges
Latvia Computer Storage Devices Price Trends
Latvia Computer Storage Devices Porter`s Five Forces
Latvia Computer Storage Devices Industry Life Cycle
Historical Data and Forecast of Latvia Computer Storage Devices Market Revenues & Volume By Type for the Period 2021-2031
Historical Data and Forecast of Latvia Computer Storage Devices Market Revenues & Volume By Hard Disk Drives for the Period 2021-2031
Historical Data and Forecast of Latvia Computer Storage Devices Market Revenues & Volume By Solid State Drives for the Period 2021-2031
Historical Data and Forecast of Latvia Computer Storage Devices Market Revenues & Volume By Memory Cards for the Period 2021-2031
Historical Data and Forecast of Latvia Computer Storage Devices Market Revenues & Volume By Floppy Disks for the Period 2021-2031
Historical Data and Forecast of Latvia Computer Storage Devices Market Revenues & Volume By Optical Disk Drives for the Period 2021-2031
Historical Data and Forecast of Latvia Computer Storage Devices Market Revenues & Volume By USB Flash Drives for the Period 2021-2031
Historical Data and Forecast of Latvia Computer Storage Devices Market Revenues & Volume By Other for the Period 2021-2031
Historical Data and Forecast of Latvia Computer Storage Devices Market Revenues & Volume By Applications for the Period 2021-2031
Historical Data and Forecast of Latvia Computer Storage Devices Market Revenues & Volume By Government for the Period 2021-2031
Historical Data and Forecast of Latvia Computer Storage Devices Market Revenues & Volume By Enterprise for the Period 2021-2031
Historical Data and Forecast of Latvia Computer Storage Devices Market Revenues & Volume By Private for the Period 2021-2031
Historical Data and Forecast of Latvia Computer Storage Devices Market Revenues & Volume By Other for the Period 2021-2031
Latvia Computer Storage Devices Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Applications
Latvia Computer Storage Devices Top Companies Market Share
Latvia Computer Storage Devices Competitive Benchmarking By Technical and Operational Parameters
Latvia Computer Storage Devices Company Profiles
Latvia Computer Storage Devices Key Strategic Recommendations

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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 Computer Storage Devices Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Computer Storage Devices Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Computer Storage Devices Market - Industry Life Cycle

3.4 Latvia Computer Storage Devices Market - Porter's Five Forces

3.5 Latvia Computer Storage Devices Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Computer Storage Devices Market Revenues & Volume Share, By Applications, 2021 & 2031F

4 Latvia Computer Storage Devices Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for data storage solutions due to the rise in data generation across various industries.

4.2.2 Technological advancements leading to higher storage capacity and faster data transfer speeds.

4.2.3 Growing adoption of cloud storage services requiring efficient computer storage devices.

4.3 Market Restraints

4.3.1 High initial investment cost for advanced computer storage devices.

4.3.2 Data security concerns leading to hesitation in adopting new storage solutions.

4.3.3 Economic instability impacting consumer purchasing power and overall market growth.

5 Latvia Computer Storage Devices Market Trends

6 Latvia Computer Storage Devices Market Segmentations

6.1 Latvia Computer Storage Devices Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Computer Storage Devices Market Revenues & Volume, By Hard Disk Drives, 2021-2031F

6.1.3 Latvia Computer Storage Devices Market Revenues & Volume, By Solid State Drives, 2021-2031F

6.1.4 Latvia Computer Storage Devices Market Revenues & Volume, By Memory Cards, 2021-2031F

6.1.5 Latvia Computer Storage Devices Market Revenues & Volume, By Floppy Disks, 2021-2031F

6.1.6 Latvia Computer Storage Devices Market Revenues & Volume, By Optical Disk Drives, 2021-2031F

6.1.7 Latvia Computer Storage Devices Market Revenues & Volume, By USB Flash Drives, 2021-2031F

6.2 Latvia Computer Storage Devices Market, By Applications

6.2.1 Overview and Analysis

6.2.2 Latvia Computer Storage Devices Market Revenues & Volume, By Government, 2021-2031F

6.2.3 Latvia Computer Storage Devices Market Revenues & Volume, By Enterprise, 2021-2031F

6.2.4 Latvia Computer Storage Devices Market Revenues & Volume, By Private, 2021-2031F

6.2.5 Latvia Computer Storage Devices Market Revenues & Volume, By Other, 2021-2031F

7 Latvia Computer Storage Devices Market Import-Export Trade Statistics

7.1 Latvia Computer Storage Devices Market Export to Major Countries

7.2 Latvia Computer Storage Devices Market Imports from Major Countries

8 Latvia Computer Storage Devices Market Key Performance Indicators

8.1 Average selling price (ASP) of computer storage devices.

8.2 Adoption rate of solid-state drives (SSDs) compared to traditional hard disk drives (HDDs).

8.3 Rate of technological innovation and product development in the computer storage devices market.

9 Latvia Computer Storage Devices Market - Opportunity Assessment

9.1 Latvia Computer Storage Devices Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Computer Storage Devices Market Opportunity Assessment, By Applications, 2021 & 2031F

10 Latvia Computer Storage Devices Market - Competitive Landscape

10.1 Latvia Computer Storage Devices Market Revenue Share, By Companies, 2024

10.2 Latvia Computer Storage Devices Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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