| Product Code: ETC7372960 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s import shipments of IoT gateways in 2024 continue to be dominated by key exporting countries such as the USA, UK, Trinidad and Tobago, Saint Lucia, and Jamaica. The high Herfindahl-Hirschman Index (HHI) concentration indicates a strong market presence of these countries in Grenada`s IoT gateway imports. The impressive compound annual growth rate (CAGR) of 22.69% from 2020 to 2024 reflects the increasing demand for IoT technology in Grenada. Moreover, the significant growth rate of 51.83% from 2023 to 2024 suggests a rapid expansion of the IoT gateway market in the country.
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 IoT Gateway Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada IoT Gateway Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada IoT Gateway Market - Industry Life Cycle |
3.4 Grenada IoT Gateway Market - Porter's Five Forces |
3.5 Grenada IoT Gateway Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Grenada IoT Gateway Market Revenues & Volume Share, By Connectivity Type, 2021 & 2031F |
3.7 Grenada IoT Gateway Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada IoT Gateway Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada IoT Gateway Market Trends |
6 Grenada IoT Gateway Market, By Types |
6.1 Grenada IoT Gateway Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Grenada IoT Gateway Market Revenues & Volume, By Component, 2021- 2031F |
6.1.3 Grenada IoT Gateway Market Revenues & Volume, By Processor, 2021- 2031F |
6.1.4 Grenada IoT Gateway Market Revenues & Volume, By Sensor, 2021- 2031F |
6.1.5 Grenada IoT Gateway Market Revenues & Volume, By Memory and Storage Device, 2021- 2031F |
6.1.6 Grenada IoT Gateway Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada IoT Gateway Market, By Connectivity Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada IoT Gateway Market Revenues & Volume, By Bluetooth, 2021- 2031F |
6.2.3 Grenada IoT Gateway Market Revenues & Volume, By Wi-Fi, 2021- 2031F |
6.2.4 Grenada IoT Gateway Market Revenues & Volume, By ZigBee, 2021- 2031F |
6.2.5 Grenada IoT Gateway Market Revenues & Volume, By Ethernet, 2021- 2031F |
6.2.6 Grenada IoT Gateway Market Revenues & Volume, By Cellular, 2021- 2031F |
6.2.7 Grenada IoT Gateway Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada IoT Gateway Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada IoT Gateway Market Revenues & Volume, By Automotive and Transportation, 2021- 2031F |
6.3.3 Grenada IoT Gateway Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.3.4 Grenada IoT Gateway Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.3.5 Grenada IoT Gateway Market Revenues & Volume, By BFSI, 2021- 2031F |
6.3.6 Grenada IoT Gateway Market Revenues & Volume, By Oil and Gas, 2021- 2031F |
6.3.7 Grenada IoT Gateway Market Revenues & Volume, By Aerospace and Defense, 2021- 2031F |
7 Grenada IoT Gateway Market Import-Export Trade Statistics |
7.1 Grenada IoT Gateway Market Export to Major Countries |
7.2 Grenada IoT Gateway Market Imports from Major Countries |
8 Grenada IoT Gateway Market Key Performance Indicators |
9 Grenada IoT Gateway Market - Opportunity Assessment |
9.1 Grenada IoT Gateway Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Grenada IoT Gateway Market Opportunity Assessment, By Connectivity Type, 2021 & 2031F |
9.3 Grenada IoT Gateway Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada IoT Gateway Market - Competitive Landscape |
10.1 Grenada IoT Gateway Market Revenue Share, By Companies, 2024 |
10.2 Grenada IoT Gateway 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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