| Product Code: ETC7925057 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Latvia mPOS terminal import market saw a shift in concentration from moderate to high in 2024, with top exporting countries being Lithuania, Germany, Poland, South Korea, and China. Despite a challenging CAGR of -15.0% from 2020 to 2024, there was a slight improvement in the growth rate from 2023 to 2024 at -10.64%. This suggests a dynamic market landscape with potential opportunities for market players to adapt and innovate in order to navigate the evolving market conditions.

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 mPOS Terminal Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia mPOS Terminal Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia mPOS Terminal Market - Industry Life Cycle |
3.4 Latvia mPOS Terminal Market - Porter's Five Forces |
3.5 Latvia mPOS Terminal Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Latvia mPOS Terminal Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Latvia mPOS Terminal Market Revenues & Volume Share, By Deployment Model, 2021 & 2031F |
3.8 Latvia mPOS Terminal Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.9 Latvia mPOS Terminal Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia mPOS Terminal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of cashless payments in Latvia |
4.2.2 Growing penetration of smartphones and internet connectivity |
4.2.3 Government initiatives to promote digital payments |
4.3 Market Restraints |
4.3.1 Security concerns related to mobile POS terminals |
4.3.2 Limited merchant awareness and acceptance of mPOS technology |
5 Latvia mPOS Terminal Market Trends |
6 Latvia mPOS Terminal Market, By Types |
6.1 Latvia mPOS Terminal Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Latvia mPOS Terminal Market Revenues & Volume, By Component, 2021- 2031F |
6.1.3 Latvia mPOS Terminal Market Revenues & Volume, By Hardware, 2021- 2031F |
6.1.4 Latvia mPOS Terminal Market Revenues & Volume, By Software, 2021- 2031F |
6.1.5 Latvia mPOS Terminal Market Revenues & Volume, By Service, 2021- 2031F |
6.2 Latvia mPOS Terminal Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Latvia mPOS Terminal Market Revenues & Volume, By Handheld terminal, 2021- 2031F |
6.2.3 Latvia mPOS Terminal Market Revenues & Volume, By Tablet, 2021- 2031F |
6.3 Latvia mPOS Terminal Market, By Deployment Model |
6.3.1 Overview and Analysis |
6.3.2 Latvia mPOS Terminal Market Revenues & Volume, By On-premises, 2021- 2031F |
6.3.3 Latvia mPOS Terminal Market Revenues & Volume, By Cloud, 2021- 2031F |
6.4 Latvia mPOS Terminal Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Latvia mPOS Terminal Market Revenues & Volume, By Biometric, 2021- 2031F |
6.4.3 Latvia mPOS Terminal Market Revenues & Volume, By Traditional, 2021- 2031F |
6.5 Latvia mPOS Terminal Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Latvia mPOS Terminal Market Revenues & Volume, By Entertainment, 2021- 2031F |
6.5.3 Latvia mPOS Terminal Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.5.4 Latvia mPOS Terminal Market Revenues & Volume, By Hospitality, 2021- 2031F |
6.5.5 Latvia mPOS Terminal Market Revenues & Volume, By Restaurant, 2021- 2031F |
6.5.6 Latvia mPOS Terminal Market Revenues & Volume, By Retail, 2021- 2031F |
6.5.7 Latvia mPOS Terminal Market Revenues & Volume, By Warehouse, 2021- 2031F |
7 Latvia mPOS Terminal Market Import-Export Trade Statistics |
7.1 Latvia mPOS Terminal Market Export to Major Countries |
7.2 Latvia mPOS Terminal Market Imports from Major Countries |
8 Latvia mPOS Terminal Market Key Performance Indicators |
8.1 Average transaction value per mPOS terminal |
8.2 Percentage increase in the number of mPOS transactions month-over-month |
8.3 Average number of transactions per mPOS terminal per day |
9 Latvia mPOS Terminal Market - Opportunity Assessment |
9.1 Latvia mPOS Terminal Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Latvia mPOS Terminal Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Latvia mPOS Terminal Market Opportunity Assessment, By Deployment Model, 2021 & 2031F |
9.4 Latvia mPOS Terminal Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.5 Latvia mPOS Terminal Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia mPOS Terminal Market - Competitive Landscape |
10.1 Latvia mPOS Terminal Market Revenue Share, By Companies, 2024 |
10.2 Latvia mPOS Terminal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |