| Product Code: ETC13050037 | Publication Date: Apr 2025 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | 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 P2P Payment Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia P2P Payment Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia P2P Payment Market - Industry Life Cycle |
3.4 Latvia P2P Payment Market - Porter's Five Forces |
3.5 Latvia P2P Payment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia P2P Payment Market Revenues & Volume Share, By Payment Method, 2021 & 2031F |
3.7 Latvia P2P Payment Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia P2P Payment Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia P2P Payment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing smartphone penetration and internet usage in Latvia |
4.2.2 Growing preference for digital payment solutions over traditional methods |
4.2.3 Rise in demand for convenient and secure payment options |
4.3 Market Restraints |
4.3.1 Concerns regarding data security and privacy in P2P payments |
4.3.2 Limited awareness and trust in P2P payment services among certain demographics in Latvia |
5 Latvia P2P Payment Market Trends |
6 Latvia P2P Payment Market, By Types |
6.1 Latvia P2P Payment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia P2P Payment Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia P2P Payment Market Revenues & Volume, By Mobile-Based P2P Payments, 2021 - 2031F |
6.1.4 Latvia P2P Payment Market Revenues & Volume, By Bank Transfer P2P Payments, 2021 - 2031F |
6.1.5 Latvia P2P Payment Market Revenues & Volume, By Cryptocurrency P2P Payments, 2021 - 2031F |
6.1.6 Latvia P2P Payment Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Latvia P2P Payment Market, By Payment Method |
6.2.1 Overview and Analysis |
6.2.2 Latvia P2P Payment Market Revenues & Volume, By Digital Wallets, 2021 - 2031F |
6.2.3 Latvia P2P Payment Market Revenues & Volume, By Direct Bank Transfers, 2021 - 2031F |
6.2.4 Latvia P2P Payment Market Revenues & Volume, By Blockchain Transactions, 2021 - 2031F |
6.3 Latvia P2P Payment Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia P2P Payment Market Revenues & Volume, By Money Transfers, 2021 - 2031F |
6.3.3 Latvia P2P Payment Market Revenues & Volume, By Bill Payments, 2021 - 2031F |
6.3.4 Latvia P2P Payment Market Revenues & Volume, By Cross-Border Transactions, 2021 - 2031F |
6.4 Latvia P2P Payment Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Latvia P2P Payment Market Revenues & Volume, By Consumers, 2021 - 2031F |
6.4.3 Latvia P2P Payment Market Revenues & Volume, By Businesses, 2021 - 2031F |
6.4.4 Latvia P2P Payment Market Revenues & Volume, By Financial Institutions, 2021 - 2031F |
7 Latvia P2P Payment Market Import-Export Trade Statistics |
7.1 Latvia P2P Payment Market Export to Major Countries |
7.2 Latvia P2P Payment Market Imports from Major Countries |
8 Latvia P2P Payment Market Key Performance Indicators |
8.1 Average transaction value in the Latvia P2P payment market |
8.2 Number of active users on P2P payment platforms in Latvia |
8.3 Frequency of P2P transactions conducted in Latvia |
9 Latvia P2P Payment Market - Opportunity Assessment |
9.1 Latvia P2P Payment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia P2P Payment Market Opportunity Assessment, By Payment Method, 2021 & 2031F |
9.3 Latvia P2P Payment Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia P2P Payment Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia P2P Payment Market - Competitive Landscape |
10.1 Latvia P2P Payment Market Revenue Share, By Companies, 2024 |
10.2 Latvia P2P Payment 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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