| Product Code: ETC7922012 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | 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 Sourcing Software Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Sourcing Software Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Sourcing Software Market - Industry Life Cycle |
3.4 Latvia Sourcing Software Market - Porter's Five Forces |
3.5 Latvia Sourcing Software Market Revenues & Volume Share, By Deployment, 2021 & 2031F |
3.6 Latvia Sourcing Software Market Revenues & Volume Share, By Enterprise, 2021 & 2031F |
3.7 Latvia Sourcing Software Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Sourcing Software Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital transformation strategies by Latvian businesses |
4.2.2 Growing demand for efficient procurement processes and cost savings |
4.2.3 Rise in the number of businesses looking to streamline their sourcing operations |
4.3 Market Restraints |
4.3.1 Limited awareness about the benefits of sourcing software among small and medium-sized enterprises in Latvia |
4.3.2 Concerns regarding data security and privacy in using sourcing software solutions |
5 Latvia Sourcing Software Market Trends |
6 Latvia Sourcing Software Market, By Types |
6.1 Latvia Sourcing Software Market, By Deployment |
6.1.1 Overview and Analysis |
6.1.2 Latvia Sourcing Software Market Revenues & Volume, By Deployment, 2021- 2031F |
6.1.3 Latvia Sourcing Software Market Revenues & Volume, By On-premise, 2021- 2031F |
6.1.4 Latvia Sourcing Software Market Revenues & Volume, By Cloud, 2021- 2031F |
6.2 Latvia Sourcing Software Market, By Enterprise |
6.2.1 Overview and Analysis |
6.2.2 Latvia Sourcing Software Market Revenues & Volume, By Large Enterprise, 2021- 2031F |
6.2.3 Latvia Sourcing Software Market Revenues & Volume, By Small and Medium Enterprise, 2021- 2031F |
6.3 Latvia Sourcing Software Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Sourcing Software Market Revenues & Volume, By Retail, 2021- 2031F |
6.3.3 Latvia Sourcing Software Market Revenues & Volume, By Manufacturing, 2021- 2031F |
6.3.4 Latvia Sourcing Software Market Revenues & Volume, By Transportation and Logistics, 2021- 2031F |
6.3.5 Latvia Sourcing Software Market Revenues & Volume, By Healthcare, 2021- 2031F |
7 Latvia Sourcing Software Market Import-Export Trade Statistics |
7.1 Latvia Sourcing Software Market Export to Major Countries |
7.2 Latvia Sourcing Software Market Imports from Major Countries |
8 Latvia Sourcing Software Market Key Performance Indicators |
8.1 Percentage increase in the number of businesses implementing sourcing software |
8.2 Average time saved in procurement processes after implementing sourcing software |
8.3 Percentage reduction in procurement costs after the adoption of sourcing software |
9 Latvia Sourcing Software Market - Opportunity Assessment |
9.1 Latvia Sourcing Software Market Opportunity Assessment, By Deployment, 2021 & 2031F |
9.2 Latvia Sourcing Software Market Opportunity Assessment, By Enterprise, 2021 & 2031F |
9.3 Latvia Sourcing Software Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Sourcing Software Market - Competitive Landscape |
10.1 Latvia Sourcing Software Market Revenue Share, By Companies, 2024 |
10.2 Latvia Sourcing Software 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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