Latvia GNSS Enabled Consumer Device Market (2025-2031) | Share, Size & Revenue, Companies, Outlook, Trends, Segmentation, Competitive Landscape, Value, Forecast, Growth, Analysis, Industry

Name: Latvia GNSS Enabled Consumer Device Market (2025-2031) | Share & Size
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Device Type (Smartphones, Tablets & Wearables, Personal Tracking Devices, Low-power Asset Trackers) And Competitive Landscape

Product Code: ETC7911782	Publication Date: Sep 2024	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Dhaval Chaurasia	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Latvia Gnss Enabled Consumer Device Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The import shipments of GNSS-enabled consumer devices to Latvia in 2024 showed a shift in concentration levels, moving from high concentration in 2023 to a more moderate level. The top exporting countries to Latvia in 2024 were Lithuania, Poland, Canada, Hungary, and Netherlands. Despite a significant decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 remained positive at 2.47%. This indicates a steady but slightly slower expansion of the market for GNSS-enabled consumer devices in Latvia during this period.

Latvia Gnss Enabled Consumer Device Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Latvia GNSS Enabled Consumer Device Market Outlook
Market Size of Latvia GNSS Enabled Consumer Device Market, 2024
Forecast of Latvia GNSS Enabled Consumer Device Market, 2031
Historical Data and Forecast of Latvia GNSS Enabled Consumer Device Revenues & Volume for the Period 2021- 2031
Latvia GNSS Enabled Consumer Device Market Trend Evolution
Latvia GNSS Enabled Consumer Device Market Drivers and Challenges
Latvia GNSS Enabled Consumer Device Price Trends
Latvia GNSS Enabled Consumer Device Porter's Five Forces
Latvia GNSS Enabled Consumer Device Industry Life Cycle
Historical Data and Forecast of Latvia GNSS Enabled Consumer Device Market Revenues & Volume By Device Type for the Period 2021- 2031
Historical Data and Forecast of Latvia GNSS Enabled Consumer Device Market Revenues & Volume By Smartphones for the Period 2021- 2031
Historical Data and Forecast of Latvia GNSS Enabled Consumer Device Market Revenues & Volume By Tablets & Wearables for the Period 2021- 2031
Historical Data and Forecast of Latvia GNSS Enabled Consumer Device Market Revenues & Volume By Personal Tracking Devices for the Period 2021- 2031
Historical Data and Forecast of Latvia GNSS Enabled Consumer Device Market Revenues & Volume By Low-power Asset Trackers for the Period 2021- 2031
Latvia GNSS Enabled Consumer Device Import Export Trade Statistics
Market Opportunity Assessment By Device Type
Latvia GNSS Enabled Consumer Device Top Companies Market Share
Latvia GNSS Enabled Consumer Device Competitive Benchmarking By Technical and Operational Parameters
Latvia GNSS Enabled Consumer Device Company Profiles
Latvia GNSS Enabled Consumer Device Key Strategic Recommendations

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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 GNSS Enabled Consumer Device Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia GNSS Enabled Consumer Device Market Revenues & Volume, 2021 & 2031F

3.3 Latvia GNSS Enabled Consumer Device Market - Industry Life Cycle

3.4 Latvia GNSS Enabled Consumer Device Market - Porter's Five Forces

3.5 Latvia GNSS Enabled Consumer Device Market Revenues & Volume Share, By Device Type, 2021 & 2031F

4 Latvia GNSS Enabled Consumer Device Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for location-based services and applications

4.2.2 Growing adoption of IoT devices and smart technologies

4.2.3 Government initiatives to promote the use of GNSS technology

4.3 Market Restraints

4.3.1 High initial costs associated with GNSS-enabled consumer devices

4.3.2 Concerns regarding data privacy and security

4.3.3 Limited awareness and understanding of GNSS technology among consumers

5 Latvia GNSS Enabled Consumer Device Market Trends

6 Latvia GNSS Enabled Consumer Device Market, By Types

6.1 Latvia GNSS Enabled Consumer Device Market, By Device Type

6.1.1 Overview and Analysis

6.1.2 Latvia GNSS Enabled Consumer Device Market Revenues & Volume, By Device Type, 2021- 2031F

6.1.3 Latvia GNSS Enabled Consumer Device Market Revenues & Volume, By Smartphones, 2021- 2031F

6.1.4 Latvia GNSS Enabled Consumer Device Market Revenues & Volume, By Tablets & Wearables, 2021- 2031F

6.1.5 Latvia GNSS Enabled Consumer Device Market Revenues & Volume, By Personal Tracking Devices, 2021- 2031F

6.1.6 Latvia GNSS Enabled Consumer Device Market Revenues & Volume, By Low-power Asset Trackers, 2021- 2031F

7 Latvia GNSS Enabled Consumer Device Market Import-Export Trade Statistics

7.1 Latvia GNSS Enabled Consumer Device Market Export to Major Countries

7.2 Latvia GNSS Enabled Consumer Device Market Imports from Major Countries

8 Latvia GNSS Enabled Consumer Device Market Key Performance Indicators

8.1 Average daily active users of GNSS-enabled consumer apps

8.2 Percentage increase in the number of IoT devices using GNSS technology

8.3 Rate of adoption of GNSS-enabled consumer devices among different age demographics.

9 Latvia GNSS Enabled Consumer Device Market - Opportunity Assessment

9.1 Latvia GNSS Enabled Consumer Device Market Opportunity Assessment, By Device Type, 2021 & 2031F

10 Latvia GNSS Enabled Consumer Device Market - Competitive Landscape

10.1 Latvia GNSS Enabled Consumer Device Market Revenue Share, By Companies, 2024

10.2 Latvia GNSS Enabled Consumer Device Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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