| Product Code: ETC11318773 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Latvia saw a shift in Wi-Fi module import sources, with top exporters being Vietnam, China, Lithuania, USA, and Netherlands. The market concentration, as measured by HHI, decreased from high to moderate levels compared to 2023. Despite a slight decline in the CAGR from 2020-24 at -0.37%, there was a positive growth rate of 2.79% from 2023-24. This indicates a more diverse import market for Wi-Fi modules in Latvia, with potential opportunities for market expansion and competition among exporters.

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 Wi Fi Module Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Wi Fi Module Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Wi Fi Module Market - Industry Life Cycle |
3.4 Latvia Wi Fi Module Market - Porter's Five Forces |
3.5 Latvia Wi Fi Module Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Wi Fi Module Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.7 Latvia Wi Fi Module Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Latvia Wi Fi Module Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Wi Fi Module Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for IoT devices and smart home technology in Latvia |
4.2.2 Growing adoption of wireless communication technologies in various industries |
4.2.3 Government initiatives to improve digital infrastructure and connectivity in the country |
4.3 Market Restraints |
4.3.1 High initial setup costs for implementing Wi-Fi modules |
4.3.2 Security concerns related to wireless networks |
4.3.3 Limited availability of skilled professionals in the field of wireless technology |
5 Latvia Wi Fi Module Market Trends |
6 Latvia Wi Fi Module Market, By Types |
6.1 Latvia Wi Fi Module Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Wi Fi Module Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Wi Fi Module Market Revenues & Volume, By Embedded Wi-Fi Modules, 2021 - 2031F |
6.1.4 Latvia Wi Fi Module Market Revenues & Volume, By Standalone Wi-Fi Modules, 2021 - 2031F |
6.1.5 Latvia Wi Fi Module Market Revenues & Volume, By Low-Power Wi-Fi Modules, 2021 - 2031F |
6.1.6 Latvia Wi Fi Module Market Revenues & Volume, By High-Performance Wi-Fi Modules, 2021 - 2031F |
6.2 Latvia Wi Fi Module Market, By Packaging Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Wi Fi Module Market Revenues & Volume, By Tray Packaging, 2021 - 2031F |
6.2.3 Latvia Wi Fi Module Market Revenues & Volume, By Bulk Packaging, 2021 - 2031F |
6.2.4 Latvia Wi Fi Module Market Revenues & Volume, By Reel & Tape, 2021 - 2031F |
6.2.5 Latvia Wi Fi Module Market Revenues & Volume, By Boxed, 2021 - 2031F |
6.3 Latvia Wi Fi Module Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Wi Fi Module Market Revenues & Volume, By Semiconductor Distributors, 2021 - 2031F |
6.3.3 Latvia Wi Fi Module Market Revenues & Volume, By Online Retailers, 2021 - 2031F |
6.3.4 Latvia Wi Fi Module Market Revenues & Volume, By OEM Suppliers, 2021 - 2031F |
6.3.5 Latvia Wi Fi Module Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.4 Latvia Wi Fi Module Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Latvia Wi Fi Module Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.4.3 Latvia Wi Fi Module Market Revenues & Volume, By IoT & Automation, 2021 - 2031F |
6.4.4 Latvia Wi Fi Module Market Revenues & Volume, By Industrial Applications, 2021 - 2031F |
6.4.5 Latvia Wi Fi Module Market Revenues & Volume, By Automotive & Smart Cities, 2021 - 2031F |
7 Latvia Wi Fi Module Market Import-Export Trade Statistics |
7.1 Latvia Wi Fi Module Market Export to Major Countries |
7.2 Latvia Wi Fi Module Market Imports from Major Countries |
8 Latvia Wi Fi Module Market Key Performance Indicators |
8.1 Average data transfer speed of Wi-Fi modules in Latvia |
8.2 Number of new IoT devices launched in the market |
8.3 Percentage of households in Latvia using smart home technology |
8.4 Rate of investment in digital infrastructure by the government |
8.5 Number of Wi-Fi module installations in commercial buildings and public spaces |
9 Latvia Wi Fi Module Market - Opportunity Assessment |
9.1 Latvia Wi Fi Module Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Wi Fi Module Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.3 Latvia Wi Fi Module Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Latvia Wi Fi Module Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Wi Fi Module Market - Competitive Landscape |
10.1 Latvia Wi Fi Module Market Revenue Share, By Companies, 2024 |
10.2 Latvia Wi Fi Module 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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