| Product Code: ETC7919482 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to see a steady flow of powered Ethernet chipset imports, with top exporting countries including Vietnam, China, Lithuania, Netherlands, and the USA. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). Despite a modest Compound Annual Growth Rate (CAGR) of 0.99% from 2020 to 2024, there was a slight acceleration in growth from 2023 to 2024, with a growth rate of 0.88%. This indicates a stable but gradually increasing demand for powered Ethernet chipsets in Latvia, with key players from various countries contributing to the market supply.

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 Powered Ethernet Chipset Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Powered Ethernet Chipset Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Powered Ethernet Chipset Market - Industry Life Cycle |
3.4 Latvia Powered Ethernet Chipset Market - Porter's Five Forces |
3.5 Latvia Powered Ethernet Chipset Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Powered Ethernet Chipset Market Revenues & Volume Share, By Device, 2021 & 2031F |
3.7 Latvia Powered Ethernet Chipset Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Powered Ethernet Chipset Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Latvia Powered Ethernet Chipset Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-speed internet and data transmission |
4.2.2 Growing adoption of Internet of Things (IoT) devices |
4.2.3 Government initiatives to improve digital infrastructure in Latvia |
4.3 Market Restraints |
4.3.1 Technical challenges in implementing Power over Ethernet (PoE) technology |
4.3.2 High initial investment costs for PoE infrastructure development |
5 Latvia Powered Ethernet Chipset Market Trends |
6 Latvia Powered Ethernet Chipset Market, By Types |
6.1 Latvia Powered Ethernet Chipset Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Powered Ethernet Chipset Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Powered Ethernet Chipset Market Revenues & Volume, By PoE Power Sourcing Equipment Chipset, 2021- 2031F |
6.1.4 Latvia Powered Ethernet Chipset Market Revenues & Volume, By PoE Powered Devices Chipset, 2021- 2031F |
6.2 Latvia Powered Ethernet Chipset Market, By Device |
6.2.1 Overview and Analysis |
6.2.2 Latvia Powered Ethernet Chipset Market Revenues & Volume, By Network Cameras, 2021- 2031F |
6.2.3 Latvia Powered Ethernet Chipset Market Revenues & Volume, By VoIP Phone, 2021- 2031F |
6.2.4 Latvia Powered Ethernet Chipset Market Revenues & Volume, By Ethernet Switch and Injector, 2021- 2031F |
6.2.5 Latvia Powered Ethernet Chipset Market Revenues & Volume, By Wireless Radio Access Point, 2021- 2031F |
6.2.6 Latvia Powered Ethernet Chipset Market Revenues & Volume, By Proximity Sensor, 2021- 2031F |
6.2.7 Latvia Powered Ethernet Chipset Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Powered Ethernet Chipset Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Powered Ethernet Chipset Market Revenues & Volume, By Connectivity, 2021- 2031F |
6.3.3 Latvia Powered Ethernet Chipset Market Revenues & Volume, By Infotainment, 2021- 2031F |
6.3.4 Latvia Powered Ethernet Chipset Market Revenues & Volume, By LED Lighting, 2021- 2031F |
6.3.5 Latvia Powered Ethernet Chipset Market Revenues & Volume, By Security, 2021- 2031F |
6.3.6 Latvia Powered Ethernet Chipset Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Latvia Powered Ethernet Chipset Market, By End Users |
6.4.1 Overview and Analysis |
6.4.2 Latvia Powered Ethernet Chipset Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4.3 Latvia Powered Ethernet Chipset Market Revenues & Volume, By Industrial, 2021- 2031F |
6.4.4 Latvia Powered Ethernet Chipset Market Revenues & Volume, By Residential, 2021- 2031F |
7 Latvia Powered Ethernet Chipset Market Import-Export Trade Statistics |
7.1 Latvia Powered Ethernet Chipset Market Export to Major Countries |
7.2 Latvia Powered Ethernet Chipset Market Imports from Major Countries |
8 Latvia Powered Ethernet Chipset Market Key Performance Indicators |
8.1 Average data transmission speed per user |
8.2 Number of IoT devices connected to Ethernet networks |
8.3 Percentage of government budget allocated to digital infrastructure development |
9 Latvia Powered Ethernet Chipset Market - Opportunity Assessment |
9.1 Latvia Powered Ethernet Chipset Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Powered Ethernet Chipset Market Opportunity Assessment, By Device, 2021 & 2031F |
9.3 Latvia Powered Ethernet Chipset Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Powered Ethernet Chipset Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Latvia Powered Ethernet Chipset Market - Competitive Landscape |
10.1 Latvia Powered Ethernet Chipset Market Revenue Share, By Companies, 2024 |
10.2 Latvia Powered Ethernet Chipset 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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