€150 million
Total Cloud Migration Spending
Latvia's businesses are investing heavily in cloud migration to enhance digital capabilities in 2026.
25
Number of Cloud Service Providers
The country hosts a growing ecosystem of cloud service providers, supporting diverse industry needs.
€1.2 million
Average Cloud Spend per Enterprise
Latvian enterprises are allocating significant budgets for cloud adoption to improve efficiency and scalability.
12% annually
Data Center Growth Rate
The expansion of data centers reflects increased demand for local cloud infrastructure.
€20 million
Cloud Security Investment
Investments in cloud security are rising to safeguard sensitive data amid expanding cloud adoption.
Latvia is rapidly advancing its cloud infrastructure, with projected migration spending reaching €150 million in 2026. This growth highlights the country's focus on digital transformation and competitiveness. Local businesses are increasingly adopting cloud solutions to optimize operations and reduce costs, aligning with broader EU digital strategies.
The expanding cloud ecosystem in Latvia is supported by 25 service providers and substantial security investments. As cloud adoption deepens, local firms are prioritizing data security and compliance, positioning Latvia as a growing hub for cloud computing in the Baltic region.
Disclaimer: All statistics presented are 2026 estimates and projections based on industry trend analysis, historical data, and publicly available research. Individual data points may vary from actual figures.