| Product Code: ETC7914020 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to see a steady increase in LTE base station import shipments, with top exporting countries being Vietnam, China, Lithuania, Netherlands, and the USA. The High Herfindahl-Hirschman Index (HHI) indicates a high concentration of imports in the market. The Compound Annual Growth Rate (CAGR) from 2020 to 2024 stood at 0.99, showing consistent growth over the period. Furthermore, the growth rate from 2023 to 2024 was recorded at 0.88, suggesting a slightly slower but still positive trend in import shipments of LTE base stations in Latvia.

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 LTE Base Station Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia LTE Base Station Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia LTE Base Station Market - Industry Life Cycle |
3.4 Latvia LTE Base Station Market - Porter's Five Forces |
3.5 Latvia LTE Base Station Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia LTE Base Station Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia LTE Base Station Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-speed internet and data services in Latvia |
4.2.2 Government initiatives to improve digital infrastructure and connectivity |
4.2.3 Growth in mobile device usage and data consumption in the country |
4.3 Market Restraints |
4.3.1 High initial investment costs for setting up LTE base stations |
4.3.2 Regulatory challenges and compliance requirements |
4.3.3 Limited availability of skilled workforce for maintaining and operating base stations |
5 Latvia LTE Base Station Market Trends |
6 Latvia LTE Base Station Market, By Types |
6.1 Latvia LTE Base Station Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia LTE Base Station Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia LTE Base Station Market Revenues & Volume, By TDD-LTE, 2021- 2031F |
6.1.4 Latvia LTE Base Station Market Revenues & Volume, By FDD-LTE, 2021- 2031F |
6.2 Latvia LTE Base Station Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Latvia LTE Base Station Market Revenues & Volume, By Residential and Small Office or Home Office (SOHO), 2021- 2031F |
6.2.3 Latvia LTE Base Station Market Revenues & Volume, By Enterprise, 2021- 2031F |
6.2.4 Latvia LTE Base Station Market Revenues & Volume, By Urban, 2021- 2031F |
6.2.5 Latvia LTE Base Station Market Revenues & Volume, By Rural, 2021- 2031F |
7 Latvia LTE Base Station Market Import-Export Trade Statistics |
7.1 Latvia LTE Base Station Market Export to Major Countries |
7.2 Latvia LTE Base Station Market Imports from Major Countries |
8 Latvia LTE Base Station Market Key Performance Indicators |
8.1 Average data usage per capita in Latvia |
8.2 Number of new LTE base station installations per quarter |
8.3 Average latency and network speed of LTE connections in the country |
9 Latvia LTE Base Station Market - Opportunity Assessment |
9.1 Latvia LTE Base Station Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia LTE Base Station Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia LTE Base Station Market - Competitive Landscape |
10.1 Latvia LTE Base Station Market Revenue Share, By Companies, 2024 |
10.2 Latvia LTE Base Station 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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