| Product Code: ETC5592419 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The smart display import market in Latvia saw a shift in concentration levels from high to moderate in 2024, indicating increased competition among top exporting countries. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the past five years remained steady at 4.89%. Slovakia, Poland, China, Lithuania, and the Netherlands emerged as key players in supplying smart displays to Latvia in 2024, highlighting the diverse sourcing strategies employed by Latvian retailers to meet consumer demand for advanced display technologies.

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 Display Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Smart Display Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Smart Display Market - Industry Life Cycle |
3.4 Latvia Smart Display Market - Porter's Five Forces |
3.5 Latvia Smart Display Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Smart Display Market Revenues & Volume Share, By Resolution, 2021 & 2031F |
3.7 Latvia Smart Display Market Revenues & Volume Share, By Display Size, 2021 & 2031F |
3.8 Latvia Smart Display Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Smart Display Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of smart home technologies in Latvia |
4.2.2 Growing demand for interactive and connected displays in commercial spaces |
4.2.3 Rise in disposable income and changing lifestyle preferences favoring smart display products |
4.3 Market Restraints |
4.3.1 High initial costs associated with smart display technology |
4.3.2 Limited awareness and understanding of smart display benefits among consumers in Latvia |
4.3.3 Lack of standardized regulations and guidelines for smart display products in the Latvian market |
5 Latvia Smart Display Market Trends |
6 Latvia Smart Display Market Segmentations |
6.1 Latvia Smart Display Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Smart Display Market Revenues & Volume, By Signage, 2021-2031F |
6.1.3 Latvia Smart Display Market Revenues & Volume, By Mirror, 2021-2031F |
6.1.4 Latvia Smart Display Market Revenues & Volume, By Home Display, 2021-2031F |
6.2 Latvia Smart Display Market, By Resolution |
6.2.1 Overview and Analysis |
6.2.2 Latvia Smart Display Market Revenues & Volume, By UHD, 2021-2031F |
6.2.3 Latvia Smart Display Market Revenues & Volume, By FHD, 2021-2031F |
6.2.4 Latvia Smart Display Market Revenues & Volume, By HD, 2021-2031F |
6.3 Latvia Smart Display Market, By Display Size |
6.3.1 Overview and Analysis |
6.3.2 Latvia Smart Display Market Revenues & Volume, By Below 32 Inch, 2021-2031F |
6.3.3 Latvia Smart Display Market Revenues & Volume, By Between 32 and 52 Inch, 2021-2031F |
6.3.4 Latvia Smart Display Market Revenues & Volume, By Above 52 Inch, 2021-2031F |
6.4 Latvia Smart Display Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Latvia Smart Display Market Revenues & Volume, By Residential, 2021-2031F |
6.4.3 Latvia Smart Display Market Revenues & Volume, By Retail, 2021-2031F |
6.4.4 Latvia Smart Display Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.5 Latvia Smart Display Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.6 Latvia Smart Display Market Revenues & Volume, By Sports & Entertainment, 2021-2031F |
7 Latvia Smart Display Market Import-Export Trade Statistics |
7.1 Latvia Smart Display Market Export to Major Countries |
7.2 Latvia Smart Display Market Imports from Major Countries |
8 Latvia Smart Display Market Key Performance Indicators |
8.1 Average time spent interacting with smart displays per user |
8.2 Number of new partnerships formed between smart display manufacturers and technology providers |
8.3 Percentage increase in the number of smart display installations in commercial spaces |
9 Latvia Smart Display Market - Opportunity Assessment |
9.1 Latvia Smart Display Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Smart Display Market Opportunity Assessment, By Resolution, 2021 & 2031F |
9.3 Latvia Smart Display Market Opportunity Assessment, By Display Size, 2021 & 2031F |
9.4 Latvia Smart Display Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Smart Display Market - Competitive Landscape |
10.1 Latvia Smart Display Market Revenue Share, By Companies, 2024 |
10.2 Latvia Smart Display 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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