| Product Code: ETC7918609 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | 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 Phone-based Authentication Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Phone-based Authentication Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Phone-based Authentication Market - Industry Life Cycle |
3.4 Latvia Phone-based Authentication Market - Porter's Five Forces |
3.5 Latvia Phone-based Authentication Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Phone-based Authentication Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Phone-based Authentication Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing incidents of cybercrimes and fraud, leading to a higher demand for secure authentication solutions. |
4.2.2 Growing adoption of mobile banking and e-commerce, driving the need for convenient and secure phone-based authentication methods. |
4.2.3 Rising awareness about data security and privacy concerns among individuals and businesses, boosting the uptake of phone-based authentication solutions. |
4.3 Market Restraints |
4.3.1 Concerns regarding the reliability and accuracy of phone-based authentication methods. |
4.3.2 Lack of standardized regulations and guidelines for phone-based authentication in Latvia. |
4.3.3 Resistance to change and inertia in adopting new authentication technologies among certain user segments. |
5 Latvia Phone-based Authentication Market Trends |
6 Latvia Phone-based Authentication Market, By Types |
6.1 Latvia Phone-based Authentication Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Phone-based Authentication Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Phone-based Authentication Market Revenues & Volume, By Single Factor Certification, 2021- 2031F |
6.1.4 Latvia Phone-based Authentication Market Revenues & Volume, By Multifactor Certification, 2021- 2031F |
6.2 Latvia Phone-based Authentication Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Phone-based Authentication Market Revenues & Volume, By Banking, 2021- 2031F |
6.2.3 Latvia Phone-based Authentication Market Revenues & Volume, By Financial Services, 2021- 2031F |
6.2.4 Latvia Phone-based Authentication Market Revenues & Volume, By Insurance (BFSI), 2021- 2031F |
6.2.5 Latvia Phone-based Authentication Market Revenues & Volume, By Payment Card Industry (PCI), 2021- 2031F |
6.2.6 Latvia Phone-based Authentication Market Revenues & Volume, By Government, 2021- 2031F |
7 Latvia Phone-based Authentication Market Import-Export Trade Statistics |
7.1 Latvia Phone-based Authentication Market Export to Major Countries |
7.2 Latvia Phone-based Authentication Market Imports from Major Countries |
8 Latvia Phone-based Authentication Market Key Performance Indicators |
8.1 Rate of successful phone-based authentication transactions. |
8.2 Average time taken for a user to authenticate using phone-based methods. |
8.3 Number of reported security breaches or incidents related to phone-based authentication. |
8.4 Customer satisfaction scores related to the usability and security of phone-based authentication methods. |
8.5 Adoption rate of phone-based authentication solutions among businesses and consumers in Latvia. |
9 Latvia Phone-based Authentication Market - Opportunity Assessment |
9.1 Latvia Phone-based Authentication Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Phone-based Authentication Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Phone-based Authentication Market - Competitive Landscape |
10.1 Latvia Phone-based Authentication Market Revenue Share, By Companies, 2024 |
10.2 Latvia Phone-based Authentication 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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