| Product Code: ETC5139440 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The tape storage import market in Latvia continued to exhibit high concentration levels in 2024, with Metropolitan France, Germany, Lithuania, Finland, and the Netherlands being the top exporting countries. Despite a notable decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the 2020-2024 period remained strong at 20.52%. This suggests a steady demand for tape storage solutions in Latvia, with key suppliers maintaining their dominance in the market. Monitoring market dynamics and potential shifts in supplier relationships will be crucial for stakeholders in the industry.

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 Tape Storage Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Tape Storage Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Tape Storage Market - Industry Life Cycle |
3.4 Latvia Tape Storage Market - Porter's Five Forces |
3.5 Latvia Tape Storage Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Latvia Tape Storage Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Latvia Tape Storage Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.8 Latvia Tape Storage Market Revenues & Volume Share, By Use Case, 2021 & 2031F |
3.9 Latvia Tape Storage Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.10 Latvia Tape Storage Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
4 Latvia Tape Storage Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing data generation and storage requirements in various industries |
4.2.2 Implementation of data retention regulations and compliance requirements |
4.2.3 Growing demand for cost-effective and secure data backup solutions |
4.3 Market Restraints |
4.3.1 Competition from cloud storage solutions |
4.3.2 Technological advancements leading to the popularity of alternative storage options |
4.3.3 Limited awareness and adoption of tape storage solutions in small and medium enterprises |
5 Latvia Tape Storage Market Trends |
6 Latvia Tape Storage Market Segmentations |
6.1 Latvia Tape Storage Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Latvia Tape Storage Market Revenues & Volume, By Tape Cartridges, 2021-2031F |
6.1.3 Latvia Tape Storage Market Revenues & Volume, By Tape Vault, 2021-2031F |
6.2 Latvia Tape Storage Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Latvia Tape Storage Market Revenues & Volume, By LTO-1 to LTO-5, 2021-2031F |
6.2.3 Latvia Tape Storage Market Revenues & Volume, By LTO-6, 2021-2031F |
6.2.4 Latvia Tape Storage Market Revenues & Volume, By LTO-7, 2021-2031F |
6.2.5 Latvia Tape Storage Market Revenues & Volume, By LTO-8, 2021-2031F |
6.2.6 Latvia Tape Storage Market Revenues & Volume, By LTO-9, 2021-2031F |
6.2.7 Latvia Tape Storage Market Revenues & Volume, By DDS-1, 2021-2031F |
6.2.8 Latvia Tape Storage Market Revenues & Volume, By DDS-3, 2021-2031F |
6.2.9 Latvia Tape Storage Market Revenues & Volume, By DDS-3, 2021-2031F |
6.3 Latvia Tape Storage Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 Latvia Tape Storage Market Revenues & Volume, By Less Than 1 TB, 2021-2031F |
6.3.3 Latvia Tape Storage Market Revenues & Volume, By 1 TB to 200 TB, 2021-2031F |
6.3.4 Latvia Tape Storage Market Revenues & Volume, By 201 TB to 999 TB, 2021-2031F |
6.3.5 Latvia Tape Storage Market Revenues & Volume, By 1 PB to 100 PB, 2021-2031F |
6.3.6 Latvia Tape Storage Market Revenues & Volume, By More Than 100 PB, 2021-2031F |
6.4 Latvia Tape Storage Market, By Use Case |
6.4.1 Overview and Analysis |
6.4.2 Latvia Tape Storage Market Revenues & Volume, By Archiving, 2021-2031F |
6.4.3 Latvia Tape Storage Market Revenues & Volume, By Backup, 2021-2031F |
6.5 Latvia Tape Storage Market, By End Use |
6.5.1 Overview and Analysis |
6.5.2 Latvia Tape Storage Market Revenues & Volume, By Cloud Providers, 2021-2031F |
6.5.3 Latvia Tape Storage Market Revenues & Volume, By Data Center, 2021-2031F |
6.5.4 Latvia Tape Storage Market Revenues & Volume, By Enterprises, 2021-2031F |
6.6 Latvia Tape Storage Market, By Industry Vertical |
6.6.1 Overview and Analysis |
6.6.2 Latvia Tape Storage Market Revenues & Volume, By IT & Telecom, 2021-2031F |
6.6.3 Latvia Tape Storage Market Revenues & Volume, By BFSI, 2021-2031F |
6.6.4 Latvia Tape Storage Market Revenues & Volume, By Media & Entertainment, 2021-2031F |
6.6.5 Latvia Tape Storage Market Revenues & Volume, By Healthcare, 2021-2031F |
6.6.6 Latvia Tape Storage Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.6.7 Latvia Tape Storage Market Revenues & Volume, By Government & Defense, 2021-2031F |
7 Latvia Tape Storage Market Import-Export Trade Statistics |
7.1 Latvia Tape Storage Market Export to Major Countries |
7.2 Latvia Tape Storage Market Imports from Major Countries |
8 Latvia Tape Storage Market Key Performance Indicators |
8.1 Average capacity utilization of tape storage systems |
8.2 Number of data breaches or data loss incidents in organizations not using tape storage |
8.3 Percentage increase in data storage requirements across industries |
9 Latvia Tape Storage Market - Opportunity Assessment |
9.1 Latvia Tape Storage Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Latvia Tape Storage Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Latvia Tape Storage Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.4 Latvia Tape Storage Market Opportunity Assessment, By Use Case, 2021 & 2031F |
9.5 Latvia Tape Storage Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.6 Latvia Tape Storage Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
10 Latvia Tape Storage Market - Competitive Landscape |
10.1 Latvia Tape Storage Market Revenue Share, By Companies, 2024 |
10.2 Latvia Tape Storage Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |