| Product Code: ETC11898229 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
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 ERP Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia ERP Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia ERP Market - Industry Life Cycle |
3.4 Latvia ERP Market - Porter's Five Forces |
3.5 Latvia ERP Market Revenues & Volume Share, By Deployment Type, 2021 & 2031F |
3.6 Latvia ERP Market Revenues & Volume Share, By Enterprise Size, 2021 & 2031F |
3.7 Latvia ERP Market Revenues & Volume Share, By Functionality, 2021 & 2031F |
3.8 Latvia ERP Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
3.9 Latvia ERP Market Revenues & Volume Share, By Software Type, 2021 & 2031F |
4 Latvia ERP Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of cloud-based ERP solutions in Latvia |
4.2.2 Growing demand for automation and efficiency in business operations |
4.2.3 Government initiatives promoting digital transformation and technology adoption in enterprises |
4.3 Market Restraints |
4.3.1 Limited awareness and understanding of ERP systems among small and medium-sized enterprises (SMEs) in Latvia |
4.3.2 Concerns regarding data security and privacy in ERP implementation |
4.3.3 High initial investment and ongoing maintenance costs associated with ERP solutions |
5 Latvia ERP Market Trends |
6 Latvia ERP Market, By Types |
6.1 Latvia ERP Market, By Deployment Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia ERP Market Revenues & Volume, By Deployment Type, 2021 - 2031F |
6.1.3 Latvia ERP Market Revenues & Volume, By Cloud-Based, 2021 - 2031F |
6.1.4 Latvia ERP Market Revenues & Volume, By On-Premise, 2021 - 2031F |
6.1.5 Latvia ERP Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.1.6 Latvia ERP Market Revenues & Volume, By SaaS, 2021 - 2031F |
6.2 Latvia ERP Market, By Enterprise Size |
6.2.1 Overview and Analysis |
6.2.2 Latvia ERP Market Revenues & Volume, By SMEs, 2021 - 2031F |
6.2.3 Latvia ERP Market Revenues & Volume, By Large Enterprises, 2021 - 2031F |
6.2.4 Latvia ERP Market Revenues & Volume, By Mid-sized Businesses, 2021 - 2031F |
6.2.5 Latvia ERP Market Revenues & Volume, By Startups, 2021 - 2031F |
6.3 Latvia ERP Market, By Functionality |
6.3.1 Overview and Analysis |
6.3.2 Latvia ERP Market Revenues & Volume, By Human Resource Management, 2021 - 2031F |
6.3.3 Latvia ERP Market Revenues & Volume, By Financial Management, 2021 - 2031F |
6.3.4 Latvia ERP Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.3.5 Latvia ERP Market Revenues & Volume, By Sales & Marketing, 2021 - 2031F |
6.4 Latvia ERP Market, By Industry Vertical |
6.4.1 Overview and Analysis |
6.4.2 Latvia ERP Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.4.3 Latvia ERP Market Revenues & Volume, By Retail, 2021 - 2031F |
6.4.4 Latvia ERP Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.4.5 Latvia ERP Market Revenues & Volume, By Government, 2021 - 2031F |
6.5 Latvia ERP Market, By Software Type |
6.5.1 Overview and Analysis |
6.5.2 Latvia ERP Market Revenues & Volume, By Standard ERP, 2021 - 2031F |
6.5.3 Latvia ERP Market Revenues & Volume, By Custom ERP, 2021 - 2031F |
6.5.4 Latvia ERP Market Revenues & Volume, By Open-Source ERP, 2021 - 2031F |
6.5.5 Latvia ERP Market Revenues & Volume, By Modular ERP, 2021 - 2031F |
7 Latvia ERP Market Import-Export Trade Statistics |
7.1 Latvia ERP Market Export to Major Countries |
7.2 Latvia ERP Market Imports from Major Countries |
8 Latvia ERP Market Key Performance Indicators |
8.1 Percentage increase in the number of businesses adopting cloud-based ERP solutions |
8.2 Rate of growth in the implementation of automation features within ERP systems in Latvia |
8.3 Number of government-supported programs or incentives promoting ERP adoption in enterprises |
9 Latvia ERP Market - Opportunity Assessment |
9.1 Latvia ERP Market Opportunity Assessment, By Deployment Type, 2021 & 2031F |
9.2 Latvia ERP Market Opportunity Assessment, By Enterprise Size, 2021 & 2031F |
9.3 Latvia ERP Market Opportunity Assessment, By Functionality, 2021 & 2031F |
9.4 Latvia ERP Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
9.5 Latvia ERP Market Opportunity Assessment, By Software Type, 2021 & 2031F |
10 Latvia ERP Market - Competitive Landscape |
10.1 Latvia ERP Market Revenue Share, By Companies, 2024 |
10.2 Latvia ERP 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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