| Product Code: ETC5581912 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The Latvia smart badge import market experienced significant growth in 2024, with top exporting countries including Metropolitan France, Ukraine, China, South Korea, and Italy. The market concentration, as measured by the HHI, shifted from low to high in 2024, indicating increased competitiveness among suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 4.43%, with a notable growth rate of 13.24% from 2023 to 2024, showcasing a promising outlook for the industry in Latvia.
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 Smart Badge Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Smart Badge Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Smart Badge Market - Industry Life Cycle |
3.4 Latvia Smart Badge Market - Porter's Five Forces |
3.5 Latvia Smart Badge Market Revenues & Volume Share, By Communication , 2021 & 2031F |
3.6 Latvia Smart Badge Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.7 Latvia Smart Badge Market Revenues & Volume Share, By Application , 2021 & 2031F |
4 Latvia Smart Badge Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of smart technology in various industries in Latvia |
4.2.2 Growing emphasis on enhancing security measures in workplaces and public spaces |
4.2.3 Government initiatives promoting digitalization and smart solutions |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing smart badge systems |
4.3.2 Concerns regarding data privacy and security |
4.3.3 Limited awareness and understanding of smart badge technology among potential users |
5 Latvia Smart Badge Market Trends |
6 Latvia Smart Badge Market Segmentations |
6.1 Latvia Smart Badge Market, By Communication |
6.1.1 Overview and Analysis |
6.1.2 Latvia Smart Badge Market Revenues & Volume, By Contact , 2021-2031F |
6.1.3 Latvia Smart Badge Market Revenues & Volume, By ContactLess, 2021-2031F |
6.2 Latvia Smart Badge Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Smart Badge Market Revenues & Volume, By Smart Badges with Display, 2021-2031F |
6.2.3 Latvia Smart Badge Market Revenues & Volume, By Smart Badges without Display, 2021-2031F |
6.3 Latvia Smart Badge Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Smart Badge Market Revenues & Volume, By Government and Healthcare, 2021-2031F |
6.3.3 Latvia Smart Badge Market Revenues & Volume, By Corporate, 2021-2031F |
6.3.4 Latvia Smart Badge Market Revenues & Volume, By Event and Entertainment, 2021-2031F |
6.3.5 Latvia Smart Badge Market Revenues & Volume, By Retail and Hospitality, 2021-2031F |
6.3.6 Latvia Smart Badge Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Smart Badge Market Import-Export Trade Statistics |
7.1 Latvia Smart Badge Market Export to Major Countries |
7.2 Latvia Smart Badge Market Imports from Major Countries |
8 Latvia Smart Badge Market Key Performance Indicators |
8.1 Number of new smart badge implementations in different industries |
8.2 Percentage increase in demand for security solutions in Latvia |
8.3 Level of government investment in digitalization projects |
8.4 Rate of adoption of smart technology in workplaces |
8.5 Number of cybersecurity incidents related to smart badge systems |
9 Latvia Smart Badge Market - Opportunity Assessment |
9.1 Latvia Smart Badge Market Opportunity Assessment, By Communication , 2021 & 2031F |
9.2 Latvia Smart Badge Market Opportunity Assessment, By Type , 2021 & 2031F |
9.3 Latvia Smart Badge Market Opportunity Assessment, By Application , 2021 & 2031F |
10 Latvia Smart Badge Market - Competitive Landscape |
10.1 Latvia Smart Badge Market Revenue Share, By Companies, 2024 |
10.2 Latvia Smart Badge Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |