| Product Code: ETC11715253 | 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 |
In 2024, Latvia`s data terminal import market continued to attract shipments mainly from China, Vietnam, Lithuania, Netherlands, and Poland. The market remained moderately concentrated with a steady HHI in that year. Despite a positive compound annual growth rate of 2.47% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -0.94%. This indicates a stable market with key players from various countries contributing to the import shipments, suggesting a competitive landscape in Latvia`s data terminal market.

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 Terminal Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Data Terminal Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Data Terminal Market - Industry Life Cycle |
3.4 Latvia Data Terminal Market - Porter's Five Forces |
3.5 Latvia Data Terminal Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Data Terminal Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.7 Latvia Data Terminal Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Data Terminal Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Data Terminal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Data Terminal Market Trends |
6 Latvia Data Terminal Market, By Types |
6.1 Latvia Data Terminal Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Data Terminal Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Data Terminal Market Revenues & Volume, By Barcode Terminals, 2021 - 2031F |
6.1.4 Latvia Data Terminal Market Revenues & Volume, By Touchscreen Terminals, 2021 - 2031F |
6.1.5 Latvia Data Terminal Market Revenues & Volume, By RFID Terminals, 2021 - 2031F |
6.1.6 Latvia Data Terminal Market Revenues & Volume, By Mobile Data Terminals, 2021 - 2031F |
6.2 Latvia Data Terminal Market, By Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Data Terminal Market Revenues & Volume, By Wireless Scanning Technology, 2021 - 2031F |
6.2.3 Latvia Data Terminal Market Revenues & Volume, By IoT Integration, 2021 - 2031F |
6.2.4 Latvia Data Terminal Market Revenues & Volume, By Near Field Communication, 2021 - 2031F |
6.2.5 Latvia Data Terminal Market Revenues & Volume, By 4G/5G Connectivity, 2021 - 2031F |
6.3 Latvia Data Terminal Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Data Terminal Market Revenues & Volume, By Logistics Industry, 2021 - 2031F |
6.3.3 Latvia Data Terminal Market Revenues & Volume, By Hospitality Sector, 2021 - 2031F |
6.3.4 Latvia Data Terminal Market Revenues & Volume, By Healthcare Sector, 2021 - 2031F |
6.3.5 Latvia Data Terminal Market Revenues & Volume, By Retail Industry, 2021 - 2031F |
6.4 Latvia Data Terminal Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Data Terminal Market Revenues & Volume, By Inventory Tracking and Management, 2021 - 2031F |
6.4.3 Latvia Data Terminal Market Revenues & Volume, By Self-service Kiosk Systems, 2021 - 2031F |
6.4.4 Latvia Data Terminal Market Revenues & Volume, By Asset Tracking and Management, 2021 - 2031F |
6.4.5 Latvia Data Terminal Market Revenues & Volume, By Sales Processing and Data Capture, 2021 - 2031F |
7 Latvia Data Terminal Market Import-Export Trade Statistics |
7.1 Latvia Data Terminal Market Export to Major Countries |
7.2 Latvia Data Terminal Market Imports from Major Countries |
8 Latvia Data Terminal Market Key Performance Indicators |
9 Latvia Data Terminal Market - Opportunity Assessment |
9.1 Latvia Data Terminal Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Data Terminal Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.3 Latvia Data Terminal Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Data Terminal Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Data Terminal Market - Competitive Landscape |
10.1 Latvia Data Terminal Market Revenue Share, By Companies, 2024 |
10.2 Latvia Data Terminal 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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