| Product Code: ETC11929909 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import shipments of embedded subscriber identity modules to Latvia in 2024 saw a notable increase in diversity, with top exporting countries being Germany, China, Poland, Denmark, and the Netherlands. The market experienced a shift from very low concentration in 2023 to low concentration in 2024, indicating a more balanced competitive landscape. Despite a negative compound annual growth rate (CAGR) of -7.32% from 2020 to 2024, there was a substantial growth rate of 18.41% from 2023 to 2024, suggesting a potential rebound and opportunities for further expansion in the coming years.

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 Embedded Subscriber Identity Module Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Embedded Subscriber Identity Module Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Embedded Subscriber Identity Module Market - Industry Life Cycle |
3.4 Latvia Embedded Subscriber Identity Module Market - Porter's Five Forces |
3.5 Latvia Embedded Subscriber Identity Module Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Latvia Embedded Subscriber Identity Module Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia Embedded Subscriber Identity Module Market Revenues & Volume Share, By End use, 2021 & 2031F |
3.8 Latvia Embedded Subscriber Identity Module Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Latvia Embedded Subscriber Identity Module Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Embedded Subscriber Identity Module Market Trends |
6 Latvia Embedded Subscriber Identity Module Market, By Types |
6.1 Latvia Embedded Subscriber Identity Module Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Embedded Subscriber Identity Module Market Revenues & Volume, By Application, 2021 - 2031F |
6.1.3 Latvia Embedded Subscriber Identity Module Market Revenues & Volume, By Telecommunications, 2021 - 2031F |
6.1.4 Latvia Embedded Subscriber Identity Module Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.1.5 Latvia Embedded Subscriber Identity Module Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.1.6 Latvia Embedded Subscriber Identity Module Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.1.7 Latvia Embedded Subscriber Identity Module Market Revenues & Volume, By Security, 2021 - 2031F |
6.2 Latvia Embedded Subscriber Identity Module Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Embedded Subscriber Identity Module Market Revenues & Volume, By Machine-to-Machine, 2021 - 2031F |
6.2.3 Latvia Embedded Subscriber Identity Module Market Revenues & Volume, By Internet of Things, 2021 - 2031F |
6.2.4 Latvia Embedded Subscriber Identity Module Market Revenues & Volume, By Embedded Devices, 2021 - 2031F |
6.2.5 Latvia Embedded Subscriber Identity Module Market Revenues & Volume, By Wearable Technology, 2021 - 2031F |
6.3 Latvia Embedded Subscriber Identity Module Market, By End use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Embedded Subscriber Identity Module Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Latvia Embedded Subscriber Identity Module Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.4 Latvia Embedded Subscriber Identity Module Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.4 Latvia Embedded Subscriber Identity Module Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Latvia Embedded Subscriber Identity Module Market Revenues & Volume, By NFC, 2021 - 2031F |
6.4.3 Latvia Embedded Subscriber Identity Module Market Revenues & Volume, By Bluetooth, 2021 - 2031F |
6.4.4 Latvia Embedded Subscriber Identity Module Market Revenues & Volume, By Wi-Fi, 2021 - 2031F |
7 Latvia Embedded Subscriber Identity Module Market Import-Export Trade Statistics |
7.1 Latvia Embedded Subscriber Identity Module Market Export to Major Countries |
7.2 Latvia Embedded Subscriber Identity Module Market Imports from Major Countries |
8 Latvia Embedded Subscriber Identity Module Market Key Performance Indicators |
9 Latvia Embedded Subscriber Identity Module Market - Opportunity Assessment |
9.1 Latvia Embedded Subscriber Identity Module Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Latvia Embedded Subscriber Identity Module Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia Embedded Subscriber Identity Module Market Opportunity Assessment, By End use, 2021 & 2031F |
9.4 Latvia Embedded Subscriber Identity Module Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Latvia Embedded Subscriber Identity Module Market - Competitive Landscape |
10.1 Latvia Embedded Subscriber Identity Module Market Revenue Share, By Companies, 2024 |
10.2 Latvia Embedded Subscriber Identity Module 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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