| Product Code: ETC5497191 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
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 Digital Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Digital Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Digital Market - Industry Life Cycle |
3.4 Latvia Digital Market - Porter's Five Forces |
3.5 Latvia Digital Market Revenues & Volume Share, By Software , 2021 & 2031F |
4 Latvia Digital Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing internet penetration rates in Latvia |
4.2.2 Growing adoption of digital technologies and services by businesses and consumers |
4.2.3 Government initiatives to promote digitalization and innovation in Latvia |
4.3 Market Restraints |
4.3.1 Limited digital infrastructure and connectivity in certain regions of Latvia |
4.3.2 Data privacy and security concerns among consumers and businesses |
4.3.3 Lack of skilled digital workforce in the country |
5 Latvia Digital Market Trends |
6 Latvia Digital Market Segmentations |
6.1 Latvia Digital Market, By Software |
6.1.1 Overview and Analysis |
6.1.2 Latvia Digital Market Revenues & Volume, By CRM Software, 2021-2031F |
6.1.3 Latvia Digital Market Revenues & Volume, By Email Marketing Software, 2021-2031F |
6.1.4 Latvia Digital Market Revenues & Volume, By Social Media Advertising, 2021-2031F |
7 Latvia Digital Market Import-Export Trade Statistics |
7.1 Latvia Digital Market Export to Major Countries |
7.2 Latvia Digital Market Imports from Major Countries |
8 Latvia Digital Market Key Performance Indicators |
8.1 Average internet speed and connectivity rates in Latvia |
8.2 Number of businesses implementing digital transformation strategies |
8.3 Percentage of government budget allocated to digitalization initiatives |
9 Latvia Digital Market - Opportunity Assessment |
9.1 Latvia Digital Market Opportunity Assessment, By Software , 2021 & 2031F |
10 Latvia Digital Market - Competitive Landscape |
10.1 Latvia Digital Market Revenue Share, By Companies, 2024 |
10.2 Latvia Digital 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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