| Product Code: ETC7909120 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The data centre rack import shipments to Latvia in 2024 show a significant increase in concentration, with top exporting countries being Poland, Lithuania, Austria, Estonia, and Germany. The high Herfindahl-Hirschman Index (HHI) in 2023 has escalated to very high concentration in 2024, indicating a more consolidated market. The compound annual growth rate (CAGR) from 2020 to 2024 stands at 5.67%, demonstrating steady growth. Moreover, the impressive growth rate of 31.77% from 2023 to 2024 suggests a rapid expansion of the market, potentially driven by increasing demand for data centre infrastructure 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 Data Centre Rack Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Data Centre Rack Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Data Centre Rack Market - Industry Life Cycle |
3.4 Latvia Data Centre Rack Market - Porter's Five Forces |
3.5 Latvia Data Centre Rack Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Latvia Data Centre Rack Market Revenues & Volume Share, By Services, 2021 & 2031F |
3.7 Latvia Data Centre Rack Market Revenues & Volume Share, By Rack Type, 2021 & 2031F |
3.8 Latvia Data Centre Rack Market Revenues & Volume Share, By Rack Height, 2021 & 2031F |
3.9 Latvia Data Centre Rack Market Revenues & Volume Share, By Rack Width, 2021 & 2031F |
3.10 Latvia Data Centre Rack Market Revenues & Volume Share, By Data Center Size, 2021 & 2031F |
3.11 Latvia Data Centre Rack Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Latvia Data Centre Rack Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Data Centre Rack Market Trends |
6 Latvia Data Centre Rack Market, By Types |
6.1 Latvia Data Centre Rack Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Latvia Data Centre Rack Market Revenues & Volume, By Component, 2021- 2031F |
6.1.3 Latvia Data Centre Rack Market Revenues & Volume, By Solutions, 2021- 2031F |
6.1.4 Latvia Data Centre Rack Market Revenues & Volume, By Services, 2021- 2031F |
6.2 Latvia Data Centre Rack Market, By Services |
6.2.1 Overview and Analysis |
6.2.2 Latvia Data Centre Rack Market Revenues & Volume, By Design and Consulting, 2021- 2031F |
6.2.3 Latvia Data Centre Rack Market Revenues & Volume, By Installation, 2021- 2031F |
6.2.4 Latvia Data Centre Rack Market Revenues & Volume, By Maintenance and Support, 2021- 2031F |
6.3 Latvia Data Centre Rack Market, By Rack Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Data Centre Rack Market Revenues & Volume, By Open Frame, 2021- 2031F |
6.3.3 Latvia Data Centre Rack Market Revenues & Volume, By Cabinets, 2021- 2031F |
6.4 Latvia Data Centre Rack Market, By Rack Height |
6.4.1 Overview and Analysis |
6.4.2 Latvia Data Centre Rack Market Revenues & Volume, By 42U and Below, 2021- 2031F |
6.4.3 Latvia Data Centre Rack Market Revenues & Volume, By 43U up to 52U, 2021- 2031F |
6.4.4 Latvia Data Centre Rack Market Revenues & Volume, By Above 52U, 2021- 2031F |
6.5 Latvia Data Centre Rack Market, By Rack Width |
6.5.1 Overview and Analysis |
6.5.2 Latvia Data Centre Rack Market Revenues & Volume, By 19 Inch, 2021- 2031F |
6.5.3 Latvia Data Centre Rack Market Revenues & Volume, By 23 Inch, 2021- 2031F |
6.5.4 Latvia Data Centre Rack Market Revenues & Volume, By Others, 2021- 2031F |
6.6 Latvia Data Centre Rack Market, By Data Center Size |
6.6.1 Overview and Analysis |
6.6.2 Latvia Data Centre Rack Market Revenues & Volume, By Small and Mid-sized Data Centers, 2021- 2031F |
6.6.3 Latvia Data Centre Rack Market Revenues & Volume, By Large Data Centers, 2021- 2031F |
6.7 Latvia Data Centre Rack Market, By Vertical |
6.7.1 Overview and Analysis |
6.7.2 Latvia Data Centre Rack Market Revenues & Volume, By IT and Telecom, 2021- 2031F |
6.7.3 Latvia Data Centre Rack Market Revenues & Volume, By Government and Defense, 2021- 2031F |
6.7.4 Latvia Data Centre Rack Market Revenues & Volume, By Manufacturing, 2021- 2031F |
6.7.5 Latvia Data Centre Rack Market Revenues & Volume, By Manufacturing, 2021- 2031F |
6.7.6 Latvia Data Centre Rack Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.7.7 Latvia Data Centre Rack Market Revenues & Volume, By Energy and Utilities, 2021- 2031F |
7 Latvia Data Centre Rack Market Import-Export Trade Statistics |
7.1 Latvia Data Centre Rack Market Export to Major Countries |
7.2 Latvia Data Centre Rack Market Imports from Major Countries |
8 Latvia Data Centre Rack Market Key Performance Indicators |
9 Latvia Data Centre Rack Market - Opportunity Assessment |
9.1 Latvia Data Centre Rack Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Latvia Data Centre Rack Market Opportunity Assessment, By Services, 2021 & 2031F |
9.3 Latvia Data Centre Rack Market Opportunity Assessment, By Rack Type, 2021 & 2031F |
9.4 Latvia Data Centre Rack Market Opportunity Assessment, By Rack Height, 2021 & 2031F |
9.5 Latvia Data Centre Rack Market Opportunity Assessment, By Rack Width, 2021 & 2031F |
9.6 Latvia Data Centre Rack Market Opportunity Assessment, By Data Center Size, 2021 & 2031F |
9.7 Latvia Data Centre Rack Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Latvia Data Centre Rack Market - Competitive Landscape |
10.1 Latvia Data Centre Rack Market Revenue Share, By Companies, 2024 |
10.2 Latvia Data Centre Rack 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.
To discover high-growth global markets and optimize your business strategy:
Click Here