| Product Code: ETC5112160 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s cellular telephone import market in 2024 continued to be dominated by key exporters such as the USA, Trinidad and Tobago, UAE, Barbados, and China. Despite a negative Compound Annual Growth Rate (CAGR) of -2.19% from 2020 to 2024 and a significant decline in growth rate from 2023 to 2024 at -9.86%, the Herfindahl-Hirschman Index (HHI) remained at a very high level, indicating a high level of market concentration. This suggests that despite the challenges in growth, these top exporting countries maintain a strong presence in Grenada`s cellular telephone market.
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 Cellular Telephones Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Cellular Telephones Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Cellular Telephones Market - Industry Life Cycle |
3.4 Grenada Cellular Telephones Market - Porter's Five Forces |
3.5 Grenada Cellular Telephones Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Cellular Telephones Market Revenues & Volume Share, By Age Group, 2021 & 2031F |
3.7 Grenada Cellular Telephones Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Cellular Telephones Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for smartphones and mobile data services |
4.2.2 Growing population and urbanization in Grenada |
4.2.3 Technological advancements leading to the availability of affordable smartphones |
4.2.4 Government initiatives to improve telecom infrastructure |
4.2.5 Rising disposable income levels of consumers |
4.3 Market Restraints |
4.3.1 High initial costs for setting up cellular networks |
4.3.2 Limited internet connectivity and network coverage in rural areas |
4.3.3 Regulatory challenges and compliance requirements |
4.3.4 Economic instability affecting consumer spending |
4.3.5 Intense competition among telecom operators |
5 Grenada Cellular Telephones Market Trends |
6 Grenada Cellular Telephones Market Segmentations |
6.1 Grenada Cellular Telephones Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Cellular Telephones Market Revenues & Volume, By Smartphone, 2021-2031F |
6.1.3 Grenada Cellular Telephones Market Revenues & Volume, By Feature Phone, 2021-2031F |
6.2 Grenada Cellular Telephones Market, By Age Group |
6.2.1 Overview and Analysis |
6.2.2 Grenada Cellular Telephones Market Revenues & Volume, By Under 18 Years Old, 2021-2031F |
6.2.3 Grenada Cellular Telephones Market Revenues & Volume, By 18-45 Years Old, 2021-2031F |
6.2.4 Grenada Cellular Telephones Market Revenues & Volume, By 45-60 Years Old, 2021-2031F |
6.2.5 Grenada Cellular Telephones Market Revenues & Volume, By Above 60 Years Old, 2021-2031F |
6.3 Grenada Cellular Telephones Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Cellular Telephones Market Revenues & Volume, By OEM, 2021-2031F |
6.3.3 Grenada Cellular Telephones Market Revenues & Volume, By Retailer, 2021-2031F |
6.3.4 Grenada Cellular Telephones Market Revenues & Volume, By E-Commerce, 2021-2031F |
7 Grenada Cellular Telephones Market Import-Export Trade Statistics |
7.1 Grenada Cellular Telephones Market Export to Major Countries |
7.2 Grenada Cellular Telephones Market Imports from Major Countries |
8 Grenada Cellular Telephones Market Key Performance Indicators |
8.1 Average revenue per user (ARPU) for cellular services |
8.2 Subscriber growth rate |
8.3 Mobile data usage per subscriber |
8.4 Percentage of population covered by cellular networks |
8.5 Customer satisfaction ratings for telecom services |
9 Grenada Cellular Telephones Market - Opportunity Assessment |
9.1 Grenada Cellular Telephones Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Cellular Telephones Market Opportunity Assessment, By Age Group, 2021 & 2031F |
9.3 Grenada Cellular Telephones Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Cellular Telephones Market - Competitive Landscape |
10.1 Grenada Cellular Telephones Market Revenue Share, By Companies, 2024 |
10.2 Grenada Cellular Telephones 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.
To discover high-growth global markets and optimize your business strategy:
Click Here