| Product Code: ETC5883940 | 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 |
The import shipments of connected car devices to Grenada in 2024 were dominated by top exporters such as the USA, Jamaica, Saint Lucia, Barbados, and Sweden. Despite the high concentration of the Herfindahl-Hirschman Index (HHI), indicating a concentrated market, the industry experienced significant growth with a Compound Annual Growth Rate (CAGR) of 16.53% from 2020 to 2024. The growth rate in 2024 alone was an impressive 26.96%, showcasing the increasing demand and adoption of connected car 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 Connected Car Device Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Connected Car Device Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Connected Car Device Market - Industry Life Cycle |
3.4 Grenada Connected Car Device Market - Porter's Five Forces |
3.5 Grenada Connected Car Device Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Grenada Connected Car Device Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.7 Grenada Connected Car Device Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.8 Grenada Connected Car Device Market Revenues & Volume Share, By Communication, 2021 & 2031F |
4 Grenada Connected Car Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for connected car technology in Grenada |
4.2.2 Growing awareness and adoption of smart vehicles |
4.2.3 Government initiatives promoting connected car devices in Grenada |
4.3 Market Restraints |
4.3.1 High initial cost of connected car devices |
4.3.2 Limited availability of high-speed internet connectivity in certain areas of Grenada |
4.3.3 Concerns regarding data privacy and cybersecurity |
5 Grenada Connected Car Device Market Trends |
6 Grenada Connected Car Device Market Segmentations |
6.1 Grenada Connected Car Device Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Grenada Connected Car Device Market Revenues & Volume, By Driver Assistance Systems, 2021-2031F |
6.1.3 Grenada Connected Car Device Market Revenues & Volume, By Telematics, 2021-2031F |
6.1.4 Grenada Connected Car Device Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Connected Car Device Market, By Connectivity |
6.2.1 Overview and Analysis |
6.2.2 Grenada Connected Car Device Market Revenues & Volume, By Dedicated Short Range Communication (DSRC), 2021-2031F |
6.2.3 Grenada Connected Car Device Market Revenues & Volume, By Long Range/ Cellular Network, 2021-2031F |
6.3 Grenada Connected Car Device Market, By Product Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Connected Car Device Market Revenues & Volume, By Das, 2021-2031F |
6.3.3 Grenada Connected Car Device Market Revenues & Volume, By Telematics, 2021-2031F |
6.4 Grenada Connected Car Device Market, By Communication |
6.4.1 Overview and Analysis |
6.4.2 Grenada Connected Car Device Market Revenues & Volume, By Vehicle-to-Vehicle (V2V), 2021-2031F |
6.4.3 Grenada Connected Car Device Market Revenues & Volume, By Vehicle-to-Infrastructure (V2I), 2021-2031F |
6.4.4 Grenada Connected Car Device Market Revenues & Volume, By Vehicle-to-Pedestrian(V2P), 2021-2031F |
6.4.5 Grenada Connected Car Device Market Revenues & Volume, By Others (V2C, V2D, V2G), 2021-2031F |
7 Grenada Connected Car Device Market Import-Export Trade Statistics |
7.1 Grenada Connected Car Device Market Export to Major Countries |
7.2 Grenada Connected Car Device Market Imports from Major Countries |
8 Grenada Connected Car Device Market Key Performance Indicators |
8.1 Average monthly data usage per connected car device |
8.2 Percentage increase in the number of connected car device installations year-over-year |
8.3 Average lifespan of connected car devices in Grenada |
9 Grenada Connected Car Device Market - Opportunity Assessment |
9.1 Grenada Connected Car Device Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Grenada Connected Car Device Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.3 Grenada Connected Car Device Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.4 Grenada Connected Car Device Market Opportunity Assessment, By Communication, 2021 & 2031F |
10 Grenada Connected Car Device Market - Competitive Landscape |
10.1 Grenada Connected Car Device Market Revenue Share, By Companies, 2024 |
10.2 Grenada Connected Car Device Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |