| Product Code: ETC5113357 | 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 computer hardware import market in 2024 continued to be dominated by top exporting countries such as the USA, Saint Lucia, UK, Barbados, and Canada. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. With a compound annual growth rate (CAGR) of 2.78% from 2020 to 2024, the market showed steady growth. Notably, the growth rate spiked to 20.46% from 2023 to 2024, reflecting a surge in demand for computer hardware imports in Grenada. This data suggests a promising outlook for the computer hardware industry in the country.
In the North America region, the Computer Hardware market in Grenada is projected to expand at a stable growth rate of 1.52% by 2027. The largest economy is United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Computer Hardware Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Computer Hardware Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Computer Hardware Market - Industry Life Cycle |
3.4 Grenada Computer Hardware Market - Porter's Five Forces |
3.5 Grenada Computer Hardware Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Computer Hardware Market Revenues & Volume Share, By End-User, 2021 & 2031F |
3.7 Grenada Computer Hardware Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Computer Hardware Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced computing technologies in businesses and educational institutions in Grenada |
4.2.2 Government initiatives to promote digitalization and technology adoption in the country |
4.2.3 Growing awareness and adoption of cloud computing services in Grenada |
4.3 Market Restraints |
4.3.1 High import duties and taxes on computer hardware in Grenada leading to increased prices for consumers |
4.3.2 Limited availability of skilled IT professionals to support and maintain computer hardware infrastructure in the country |
5 Grenada Computer Hardware Market Trends |
6 Grenada Computer Hardware Market Segmentations |
6.1 Grenada Computer Hardware Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Computer Hardware Market Revenues & Volume, By Computer Peripheral Equipment, 2021-2031F |
6.1.3 Grenada Computer Hardware Market Revenues & Volume, By Computer Storage Devices and Servers, 2021-2031F |
6.1.4 Grenada Computer Hardware Market Revenues & Volume, By Computers, 2021-2031F |
6.2 Grenada Computer Hardware Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Grenada Computer Hardware Market Revenues & Volume, By Household, 2021-2031F |
6.2.3 Grenada Computer Hardware Market Revenues & Volume, By Commercial, 2021-2031F |
6.3 Grenada Computer Hardware Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Computer Hardware Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Grenada Computer Hardware Market Revenues & Volume, By Offline, 2021-2031F |
7 Grenada Computer Hardware Market Import-Export Trade Statistics |
7.1 Grenada Computer Hardware Market Export to Major Countries |
7.2 Grenada Computer Hardware Market Imports from Major Countries |
8 Grenada Computer Hardware Market Key Performance Indicators |
8.1 Average time taken for businesses in Grenada to adopt new computer hardware technologies |
8.2 Percentage of government budget allocated to digitalization initiatives |
8.3 Number of businesses in Grenada shifting to cloud-based computing solutions |
8.4 Average lifespan of computer hardware devices in Grenada |
8.5 Number of IT training programs and certifications offered in Grenada |
9 Grenada Computer Hardware Market - Opportunity Assessment |
9.1 Grenada Computer Hardware Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Computer Hardware Market Opportunity Assessment, By End-User, 2021 & 2031F |
9.3 Grenada Computer Hardware Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Computer Hardware Market - Competitive Landscape |
10.1 Grenada Computer Hardware Market Revenue Share, By Companies, 2024 |
10.2 Grenada Computer Hardware Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |