| Product Code: ETC5411942 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s import shipments of Bluetooth 5.0 devices saw a significant growth rate of 26.96% in 2024, with a commendable compound annual growth rate (CAGR) of 16.53% from 2020 to 2024. The top exporting countries to Grenada in 2024 include the USA, Jamaica, Saint Lucia, Barbados, and Sweden. Despite the high concentration of Herfindahl-Hirschman Index (HHI), indicating market dominance, the continued growth signals a strong demand for Bluetooth technology in Grenada.
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 Grenada Bluetooth 5.0 Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Bluetooth 5.0 Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Bluetooth 5.0 Market - Industry Life Cycle |
3.4 Grenada Bluetooth 5.0 Market - Porter's Five Forces |
3.5 Grenada Bluetooth 5.0 Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Grenada Bluetooth 5.0 Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Bluetooth 5.0 Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Bluetooth 5.0 Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for wireless audio devices |
4.2.2 Technological advancements in Bluetooth 5.0 technology |
4.2.3 Growing adoption of smart devices and IoT applications |
4.3 Market Restraints |
4.3.1 Competition from other wireless technologies like Wi-Fi and NFC |
4.3.2 High initial costs associated with Bluetooth 5.0 devices |
4.3.3 Concerns over data security and privacy issues |
5 Grenada Bluetooth 5.0 Market Trends |
6 Grenada Bluetooth 5.0 Market Segmentations |
6.1 Grenada Bluetooth 5.0 Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Grenada Bluetooth 5.0 Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.3 Grenada Bluetooth 5.0 Market Revenues & Volume, By Solutions, 2021-2031F |
6.1.4 Grenada Bluetooth 5.0 Market Revenues & Volume, By Software Development Kit, 2021-2031F |
6.1.5 Grenada Bluetooth 5.0 Market Revenues & Volume, By Protocol Stacks, 2021-2031F |
6.1.6 Grenada Bluetooth 5.0 Market Revenues & Volume, By Services, 2021-2031F |
6.2 Grenada Bluetooth 5.0 Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Bluetooth 5.0 Market Revenues & Volume, By Audio Streaming, 2021-2031F |
6.2.3 Grenada Bluetooth 5.0 Market Revenues & Volume, By Data Transfer, 2021-2031F |
6.2.4 Grenada Bluetooth 5.0 Market Revenues & Volume, By Location Services, 2021-2031F |
6.3 Grenada Bluetooth 5.0 Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Bluetooth 5.0 Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.3.3 Grenada Bluetooth 5.0 Market Revenues & Volume, By Wearables, 2021-2031F |
6.3.4 Grenada Bluetooth 5.0 Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Grenada Bluetooth 5.0 Market Revenues & Volume, By Retail and Logistics, 2021-2031F |
6.3.6 Grenada Bluetooth 5.0 Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.7 Grenada Bluetooth 5.0 Market Revenues & Volume, By Smart Home/Building, 2021-2031F |
6.3.8 Grenada Bluetooth 5.0 Market Revenues & Volume, By Other End Users (AR/VR and Gaming), 2021-2031F |
6.3.9 Grenada Bluetooth 5.0 Market Revenues & Volume, By Other End Users (AR/VR and Gaming), 2021-2031F |
7 Grenada Bluetooth 5.0 Market Import-Export Trade Statistics |
7.1 Grenada Bluetooth 5.0 Market Export to Major Countries |
7.2 Grenada Bluetooth 5.0 Market Imports from Major Countries |
8 Grenada Bluetooth 5.0 Market Key Performance Indicators |
8.1 Average selling price of Bluetooth 5.0 devices |
8.2 Number of Bluetooth 5.0 enabled devices in the market |
8.3 Adoption rate of Bluetooth 5.0 technology in emerging markets |
9 Grenada Bluetooth 5.0 Market - Opportunity Assessment |
9.1 Grenada Bluetooth 5.0 Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Grenada Bluetooth 5.0 Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Bluetooth 5.0 Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Bluetooth 5.0 Market - Competitive Landscape |
10.1 Grenada Bluetooth 5.0 Market Revenue Share, By Companies, 2024 |
10.2 Grenada Bluetooth 5.0 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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