| Product Code: ETC7924540 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia saw a steady increase in the import shipments of wearable computing devices, with top exporting countries being Vietnam, China, Lithuania, Netherlands, and the USA. The market concentration, as measured by the HHI, remained high, indicating a competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 0.87%, with a slight growth rate of 0.28% from 2023 to 2024. This data suggests a stable demand for wearable technology in Latvia, with a diverse range of suppliers contributing to the market growth.

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 Wearable Computing Devices Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Wearable Computing Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Wearable Computing Devices Market - Industry Life Cycle |
3.4 Latvia Wearable Computing Devices Market - Porter's Five Forces |
3.5 Latvia Wearable Computing Devices Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Wearable Computing Devices Market Revenues & Volume Share, By Connectivity Type, 2021 & 2031F |
3.7 Latvia Wearable Computing Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Wearable Computing Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and adoption of wearable technology in Latvia |
4.2.2 Technological advancements leading to improved features and functionalities of wearable computing devices |
4.2.3 Growing demand for health and fitness tracking features in wearable devices |
4.3 Market Restraints |
4.3.1 High initial costs associated with purchasing wearable computing devices |
4.3.2 Data privacy and security concerns among consumers in Latvia |
4.3.3 Limited battery life and charging infrastructure for wearable devices |
5 Latvia Wearable Computing Devices Market Trends |
6 Latvia Wearable Computing Devices Market, By Types |
6.1 Latvia Wearable Computing Devices Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Wearable Computing Devices Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Wearable Computing Devices Market Revenues & Volume, By Smart Watches, 2021- 2031F |
6.1.4 Latvia Wearable Computing Devices Market Revenues & Volume, By Head Mounted Displays, 2021- 2031F |
6.1.5 Latvia Wearable Computing Devices Market Revenues & Volume, By Smart Clothing, 2021- 2031F |
6.1.6 Latvia Wearable Computing Devices Market Revenues & Volume, By Ear Worn, 2021- 2031F |
6.1.7 Latvia Wearable Computing Devices Market Revenues & Volume, By Fitness Trackers, 2021- 2031F |
6.1.8 Latvia Wearable Computing Devices Market Revenues & Volume, By Body Worn Camera, 2021- 2031F |
6.1.9 Latvia Wearable Computing Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.1.10 Latvia Wearable Computing Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Wearable Computing Devices Market, By Connectivity Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Wearable Computing Devices Market Revenues & Volume, By Bluetooth, 2021- 2031F |
6.2.3 Latvia Wearable Computing Devices Market Revenues & Volume, By Wi-Fi, 2021- 2031F |
6.2.4 Latvia Wearable Computing Devices Market Revenues & Volume, By 4G/5G, 2021- 2031F |
6.2.5 Latvia Wearable Computing Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Wearable Computing Devices Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Wearable Computing Devices Market Revenues & Volume, By Fitness and Wellness, 2021- 2031F |
6.3.3 Latvia Wearable Computing Devices Market Revenues & Volume, By Medical and Healthcare, 2021- 2031F |
6.3.4 Latvia Wearable Computing Devices Market Revenues & Volume, By Infotainment, 2021- 2031F |
6.3.5 Latvia Wearable Computing Devices Market Revenues & Volume, By Industrial and Defense, 2021- 2031F |
6.3.6 Latvia Wearable Computing Devices Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Wearable Computing Devices Market Import-Export Trade Statistics |
7.1 Latvia Wearable Computing Devices Market Export to Major Countries |
7.2 Latvia Wearable Computing Devices Market Imports from Major Countries |
8 Latvia Wearable Computing Devices Market Key Performance Indicators |
8.1 Average daily active users of wearable devices in Latvia |
8.2 Percentage increase in the usage of health monitoring features on wearable devices |
8.3 Number of partnerships between wearable device manufacturers and local health and fitness organizations |
9 Latvia Wearable Computing Devices Market - Opportunity Assessment |
9.1 Latvia Wearable Computing Devices Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Wearable Computing Devices Market Opportunity Assessment, By Connectivity Type, 2021 & 2031F |
9.3 Latvia Wearable Computing Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Wearable Computing Devices Market - Competitive Landscape |
10.1 Latvia Wearable Computing Devices Market Revenue Share, By Companies, 2024 |
10.2 Latvia Wearable Computing Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |