| Product Code: ETC5611571 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Latvia satellite modem import market experienced significant growth in 2024, with top exporting countries being the USA, Lithuania, Sweden, Germany, and Norway. The market concentration, as measured by the HHI, increased from high to very high in 2024. The impressive compound annual growth rate of 18.24% from 2020 to 2024 indicates a thriving market. Moreover, the remarkable growth rate of 94.1% from 2023 to 2024 underscores the increasing demand for satellite modems in Latvia. This trend suggests a positive outlook for the satellite modem import market in the country.

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 Satellite Modem Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Satellite Modem Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Satellite Modem Market - Industry Life Cycle |
3.4 Latvia Satellite Modem Market - Porter's Five Forces |
3.5 Latvia Satellite Modem Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Latvia Satellite Modem Market Revenues & Volume Share, By End User Industry, 2021 & 2031F |
3.7 Latvia Satellite Modem Market Revenues & Volume Share, By Channel Type, 2021 & 2031F |
3.8 Latvia Satellite Modem Market Revenues & Volume Share, By Data Rate, 2021 & 2031F |
3.9 Latvia Satellite Modem Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Latvia Satellite Modem Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-speed internet services in remote areas |
4.2.2 Growing adoption of satellite communication technology for military and defense applications |
4.2.3 Expansion of IoT and M2M communication networks driving the need for satellite connectivity |
4.3 Market Restraints |
4.3.1 High initial investment and operational costs associated with satellite modem technology |
4.3.2 Regulatory challenges and licensing requirements for satellite communication services in Latvia |
5 Latvia Satellite Modem Market Trends |
6 Latvia Satellite Modem Market Segmentations |
6.1 Latvia Satellite Modem Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Satellite Modem Market Revenues & Volume, By Mobile & Backhaul, 2021-2031F |
6.1.3 Latvia Satellite Modem Market Revenues & Volume, By IP Trunking, 2021-2031F |
6.1.4 Latvia Satellite Modem Market Revenues & Volume, By Offshore Communication, 2021-2031F |
6.1.5 Latvia Satellite Modem Market Revenues & Volume, By Tracking & Monitoring, 2021-2031F |
6.1.6 Latvia Satellite Modem Market Revenues & Volume, By Enterprise & Broadband, 2021-2031F |
6.1.7 Latvia Satellite Modem Market Revenues & Volume, By In-flight Connectivity, 2021-2031F |
6.2 Latvia Satellite Modem Market, By End User Industry |
6.2.1 Overview and Analysis |
6.2.2 Latvia Satellite Modem Market Revenues & Volume, By Energy & Utilities, 2021-2031F |
6.2.3 Latvia Satellite Modem Market Revenues & Volume, By Mining, 2021-2031F |
6.2.4 Latvia Satellite Modem Market Revenues & Volume, By Telecommunications, 2021-2031F |
6.2.5 Latvia Satellite Modem Market Revenues & Volume, By Marine, 2021-2031F |
6.2.6 Latvia Satellite Modem Market Revenues & Volume, By Military & Defense, 2021-2031F |
6.2.7 Latvia Satellite Modem Market Revenues & Volume, By Transportation & Logistics, 2021-2031F |
6.3 Latvia Satellite Modem Market, By Channel Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Satellite Modem Market Revenues & Volume, By SCPC Modem, 2021-2031F |
6.3.3 Latvia Satellite Modem Market Revenues & Volume, By MCPC Modem, 2021-2031F |
6.4 Latvia Satellite Modem Market, By Data Rate |
6.4.1 Overview and Analysis |
6.4.2 Latvia Satellite Modem Market Revenues & Volume, By High Speed, 2021-2031F |
6.4.3 Latvia Satellite Modem Market Revenues & Volume, By Mid Range, 2021-2031F |
6.4.4 Latvia Satellite Modem Market Revenues & Volume, By Entry Level, 2021-2031F |
6.5 Latvia Satellite Modem Market, By Technology |
6.5.1 Overview and Analysis |
6.5.2 Latvia Satellite Modem Market Revenues & Volume, By VSAT, 2021-2031F |
6.5.3 Latvia Satellite Modem Market Revenues & Volume, By Satcom-on-the-Move, 2021-2031F |
6.5.4 Latvia Satellite Modem Market Revenues & Volume, By Satcom-on-the-Pause, 2021-2031F |
6.5.5 Latvia Satellite Modem Market Revenues & Volume, By Satellite Telemetry, 2021-2031F |
6.5.6 Latvia Satellite Modem Market Revenues & Volume, By Satcom Automatic Identification System (AIS), 2021-2031F |
7 Latvia Satellite Modem Market Import-Export Trade Statistics |
7.1 Latvia Satellite Modem Market Export to Major Countries |
7.2 Latvia Satellite Modem Market Imports from Major Countries |
8 Latvia Satellite Modem Market Key Performance Indicators |
8.1 Average latency of satellite modem connections in Latvia |
8.2 Number of satellite modem installations in remote areas |
8.3 Percentage increase in satellite bandwidth capacity utilized in Latvia |
9 Latvia Satellite Modem Market - Opportunity Assessment |
9.1 Latvia Satellite Modem Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Latvia Satellite Modem Market Opportunity Assessment, By End User Industry, 2021 & 2031F |
9.3 Latvia Satellite Modem Market Opportunity Assessment, By Channel Type, 2021 & 2031F |
9.4 Latvia Satellite Modem Market Opportunity Assessment, By Data Rate, 2021 & 2031F |
9.5 Latvia Satellite Modem Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Latvia Satellite Modem Market - Competitive Landscape |
10.1 Latvia Satellite Modem Market Revenue Share, By Companies, 2024 |
10.2 Latvia Satellite Modem Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |