There are 1 Companies in Latvia
that provide B2B Lead Generation Services!

With a population of almost 2 million, Latvia has been qualified as a high-income country by the World Bank. It had come a long way since the year 1991, far from the shadow of the Soviet Union, to create a place for itself in global affairs – economic, political, cultural, or academic. 

Many people identify Latvia as a country with one of the fastest internet speeds in the world, more than the United Kingdom or France, even! However, the high-tech atmosphere in Latvia is much broader and exciting than that. In a short period of time, Latvia has managed to build a ground for the development of ecosystems that support the growth of high-tech and deep-tech industries and infrastructures.

Why You Should Work With Latvian IT Companies

Like the country itself, Latvian IT companies are in a continuous transformation and develop their capabilities at high speed. Organizing fairs and events, working with international companies, and exporting their services to almost all European countries, Latvian IT companies managed to increase their competitiveness and number of clients by more than 70% in 2019, compared to the previous year. In 2025, the rate of competitiveness continues to grow, with a predicted IT services market to be $292.33 million by 2025.

The Central Statistical Bureau suggests that in 2024, the worth of Latvia’s exports is 18.68 billion euros. According to another statistic, the Global Innovation Index 2024, Latvia ranks at 42 in the world. Just to mention, in 2015, the same index placed Latvia in the 81st position. 

What to Be Aware of When Working With Latvian IT Companies

There are not too many things that are challenging for Latvian IT companies, and probably, like in all three Baltic countries, Latvia faces the same problem - limited human resources. Out of 2 million people in Latvia, 4.5% are enrolled in the IT industry. And even if the country tries to stimulate the numbers to grow, everything moves a bit slowly, like in Estonia, for example.  

Are Latvian Companies Reliable?

The Latvian business traditions find their roots back in the former Soviet Union, and while it bordered the Nordic countries, the Latvian society followed practices and business culture from both sides. Now, Latvian companies, including those in the IT industry, enjoy a high level of reliability and trust, including but not limited to on-time delivered projects, well-executed digital services, good project management, and, why not, linguistic capabilities of the locals. 

How Does Latvia Perform Compared to Its Neighboring Countries In Terms of IT?

Together with Estonia and Lithuania, Latvia is a part of the Baltic IT hub - probably one of the most progressive in Europe. The well-developed IT infrastructure is interconnected with the other two countries, and many companies provide services in the entire Baltic region.  It is something specific for the region, where three countries collaborate tightly based on the understanding that together they are stronger. 

Taking Latvia apart from those two countries, we could say that its IT industry does not differ from its neighboring countries, and probably is at a slightly lower level than Estonia’s tech scene, since the last one has been through many digital transformations lately.

B2B Lead Generation means the process of finding the perfect customers for your company, brand, or products. It is an important marketing strategy for every business. B2B leads are the possible customers for business-to-business (B2B) products or services, and they can be people, organizations, or other businesses. 

B2B Lead Generation leverages various methods like social media outreach, email & content marketing, pay-per-click advertising, cold calling, and website upgrades. 

According to Forbes, by 2031 the B2B sales industry is predicted to grow from $7.4 billion in 2022 to $31 billion.

B2B Lead Generation is crucial because it provides businesses with a steady number of potential customers. In addition, it can also help firms study their total addressable market (TAM), create brand awareness, and offer creative direction. Other benefits from B2B Lead Generation are:

• Identify ideal customers
• Provide advice on content creation
• Increase conversion rates
• Improve sales cadence
• Build a predictable pipeline
• Helps generate revenue

To select the right platform offering B2B Lead Generation services for your project, you should consider a platform that aligns with your target audience, delivers quality over quantity, supports a sales funnel, and helps you scale your marketing efficiently.

 In addition, other criteria regarding a good B2B Lead Generation platform for your company are the following :

1. Variety of Lead Generation: Look for platforms that offer the form of Lead Generation that you need. It can be an Inbound or Outbound type of Leads. 
2. Review their tools and methods: Choose Lead Gen providers that are transparent about the tools they use and strategies. Also, the tech stack and metrics should be discussed. 
3. Analyze references, reviews, and case studies: Ask for real cases, testimonials from clients, and references you can contact.
4. Pricing models: Platforms can have various models of pricing: pay per lead, monthly fee, and commission-based. Choose a platform that has a pricing model that suits your budget. 
5. Lead quality: Ask platforms how they verify the leads and if they have filters like job title, company size, budget, and interest level. 

Finding the perfect B2B Lead Generation company for your project is a difficult task. Choosing the wrong platform may put the progress of your business at risk. To help you with this, TechBehemoths is a platform that has almost 120 companies specializing in B2B Lead Generation in 38 countries across the globe. The combination of detailed profiles and unbiased reviews is what makes TechBehemoths a trusted tech platform in terms of the selection of service-providing companies.