| Product Code: ETC7914616 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
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 Location-Based Services Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Location-Based Services Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Location-Based Services Market - Industry Life Cycle |
3.4 Latvia Location-Based Services Market - Porter's Five Forces |
3.5 Latvia Location-Based Services Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Latvia Location-Based Services Market Revenues & Volume Share, By Location, 2021 & 2031F |
3.7 Latvia Location-Based Services Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Location-Based Services Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of smartphones and mobile devices in Latvia, leading to a higher demand for location-based services. |
4.2.2 Growing popularity of location-based advertising and marketing strategies among businesses in Latvia. |
4.2.3 Government initiatives promoting the use of location-based services for public safety and emergency response. |
4.3 Market Restraints |
4.3.1 Concerns regarding data privacy and security may hinder the adoption of location-based services in Latvia. |
4.3.2 Limited availability of high-speed internet and network coverage in some rural areas of Latvia. |
5 Latvia Location-Based Services Market Trends |
6 Latvia Location-Based Services Market, By Types |
6.1 Latvia Location-Based Services Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Latvia Location-Based Services Market Revenues & Volume, By Component, 2021- 2031F |
6.1.3 Latvia Location-Based Services Market Revenues & Volume, By Hardware, 2021- 2031F |
6.1.4 Latvia Location-Based Services Market Revenues & Volume, By Software, 2021- 2031F |
6.1.5 Latvia Location-Based Services Market Revenues & Volume, By Services, 2021- 2031F |
6.2 Latvia Location-Based Services Market, By Location |
6.2.1 Overview and Analysis |
6.2.2 Latvia Location-Based Services Market Revenues & Volume, By Indoor, 2021- 2031F |
6.2.3 Latvia Location-Based Services Market Revenues & Volume, By Outdoor, 2021- 2031F |
6.3 Latvia Location-Based Services Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Location-Based Services Market Revenues & Volume, By Mapping and Navigation, 2021- 2031F |
6.3.3 Latvia Location-Based Services Market Revenues & Volume, By Business Intelligence and Analytics, 2021- 2031F |
6.3.4 Latvia Location-Based Services Market Revenues & Volume, By Location-based Advertising, 2021- 2031F |
6.3.5 Latvia Location-Based Services Market Revenues & Volume, By Social Networking and Entertainment, 2021- 2031F |
6.3.6 Latvia Location-Based Services Market Revenues & Volume, By Other, 2021- 2031F |
7 Latvia Location-Based Services Market Import-Export Trade Statistics |
7.1 Latvia Location-Based Services Market Export to Major Countries |
7.2 Latvia Location-Based Services Market Imports from Major Countries |
8 Latvia Location-Based Services Market Key Performance Indicators |
8.1 User engagement metrics such as average session duration and daily active users of location-based services. |
8.2 Conversion rates from location-based advertising campaigns. |
8.3 Customer satisfaction scores related to the accuracy and reliability of location-based services. |
8.4 Percentage of businesses in Latvia integrating location-based services into their operations. |
8.5 Number of partnerships and collaborations between location-based service providers and government agencies in Latvia. |
9 Latvia Location-Based Services Market - Opportunity Assessment |
9.1 Latvia Location-Based Services Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Latvia Location-Based Services Market Opportunity Assessment, By Location, 2021 & 2031F |
9.3 Latvia Location-Based Services Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Location-Based Services Market - Competitive Landscape |
10.1 Latvia Location-Based Services Market Revenue Share, By Companies, 2024 |
10.2 Latvia Location-Based Services 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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