| Product Code: ETC5620600 | 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 consumer IoT import shipments in 2024 saw significant growth, with top exporting countries being USA, UK, Trinidad and Tobago, Saint Lucia, and Jamaica. The market remained highly concentrated, indicating strong competition among key players. The impressive CAGR of 22.69% from 2020 to 2024 highlights the increasing demand for IoT products in Grenada. Additionally, the remarkable growth rate of 51.83% from 2023 to 2024 suggests a rapidly expanding market with promising opportunities for both local consumers and international suppliers.
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 Consumer IoT Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Consumer IoT Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Consumer IoT Market - Industry Life Cycle |
3.4 Grenada Consumer IoT Market - Porter's Five Forces |
3.5 Grenada Consumer IoT Market Revenues & Volume Share, By Offering, 2021 & 2031F |
3.6 Grenada Consumer IoT Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.7 Grenada Consumer IoT Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Consumer IoT Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing internet penetration and smartphone usage in Grenada |
4.2.2 Growing demand for smart home devices and appliances |
4.2.3 Rising awareness and adoption of IoT technology among consumers |
4.3 Market Restraints |
4.3.1 High initial costs associated with IoT devices |
4.3.2 Concerns regarding data privacy and security |
4.3.3 Limited availability of high-speed internet infrastructure in some parts of Grenada |
5 Grenada Consumer IoT Market Trends |
6 Grenada Consumer IoT Market Segmentations |
6.1 Grenada Consumer IoT Market, By Offering |
6.1.1 Overview and Analysis |
6.1.2 Grenada Consumer IoT Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.3 Grenada Consumer IoT Market Revenues & Volume, By Software, 2021-2031F |
6.1.4 Grenada Consumer IoT Market Revenues & Volume, By Services, 2021-2031F |
6.2 Grenada Consumer IoT Market, By Connectivity |
6.2.1 Overview and Analysis |
6.2.2 Grenada Consumer IoT Market Revenues & Volume, By Wired, 2021-2031F |
6.2.3 Grenada Consumer IoT Market Revenues & Volume, By Wireless, 2021-2031F |
6.3 Grenada Consumer IoT Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Consumer IoT Market Revenues & Volume, By Home Automation, 2021-2031F |
6.3.3 Grenada Consumer IoT Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.3.4 Grenada Consumer IoT Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Grenada Consumer IoT Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.6 Grenada Consumer IoT Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Consumer IoT Market Import-Export Trade Statistics |
7.1 Grenada Consumer IoT Market Export to Major Countries |
7.2 Grenada Consumer IoT Market Imports from Major Countries |
8 Grenada Consumer IoT Market Key Performance Indicators |
8.1 Number of IoT devices per household |
8.2 Percentage increase in IoT-related patents filed by Grenadian companies |
8.3 Growth in the number of local IoT startups and companies offering IoT solutions |
8.4 Average time spent by Grenadian consumers interacting with IoT devices |
8.5 Adoption rate of IoT devices in different demographic segments in Grenada |
9 Grenada Consumer IoT Market - Opportunity Assessment |
9.1 Grenada Consumer IoT Market Opportunity Assessment, By Offering, 2021 & 2031F |
9.2 Grenada Consumer IoT Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.3 Grenada Consumer IoT Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Consumer IoT Market - Competitive Landscape |
10.1 Grenada Consumer IoT Market Revenue Share, By Companies, 2024 |
10.2 Grenada Consumer IoT Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |