| Product Code: ETC5619935 | 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 import shipments of NB-IoT chipsets in 2024 were dominated by top exporters such as the USA, Trinidad and Tobago, China, UK, and Barbados. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market in 2024. The impressive compound annual growth rate (CAGR) of 62.26% from 2020 to 2024 reflects the increasing demand for NB-IoT technology in Grenada. Furthermore, the remarkable growth rate of 109.71% in 2024 highlights the rapid expansion of the NB-IoT chipset market in the country, signaling promising opportunities for market players.
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 Narrowband IoT (NB-IoT) Chipset Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Narrowband IoT (NB-IoT) Chipset Market - Industry Life Cycle |
3.4 Grenada Narrowband IoT (NB-IoT) Chipset Market - Porter's Five Forces |
3.5 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenues & Volume Share, By Deployment, 2021 & 2031F |
3.6 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenues & Volume Share, By Device, 2021 & 2031F |
3.7 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Grenada Narrowband IoT (NB-IoT) Chipset Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for IoT applications in various industries, driving the adoption of NB-IoT technology. |
4.2.2 Government initiatives and regulations promoting the deployment of NB-IoT networks. |
4.2.3 Increasing focus on efficient and secure connectivity solutions in Grenada. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with the deployment of NB-IoT infrastructure. |
4.3.2 Limited coverage and network capacity compared to other IoT technologies. |
4.3.3 Concerns regarding data security and privacy in the IoT ecosystem. |
5 Grenada Narrowband IoT (NB-IoT) Chipset Market Trends |
6 Grenada Narrowband IoT (NB-IoT) Chipset Market Segmentations |
6.1 Grenada Narrowband IoT (NB-IoT) Chipset Market, By Deployment |
6.1.1 Overview and Analysis |
6.1.2 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenues & Volume, By Stand-Alone, 2021-2031F |
6.1.3 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenues & Volume, By Guard Band, 2021-2031F |
6.1.4 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenues & Volume, By In-Band, 2021-2031F |
6.2 Grenada Narrowband IoT (NB-IoT) Chipset Market, By Device |
6.2.1 Overview and Analysis |
6.2.2 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenues & Volume, By Smart Parking, 2021-2031F |
6.2.3 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenues & Volume, By Smart Meters, 2021-2031F |
6.2.4 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenues & Volume, By Trackers, 2021-2031F |
6.2.5 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenues & Volume, By Alarms and Detectors, 2021-2031F |
6.2.6 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenues & Volume, By Smart Streetlights, 2021-2031F |
6.2.7 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenues & Volume, By Smart Appliances, 2021-2031F |
6.2.8 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenues & Volume, By Other Devices, 2021-2031F |
6.2.9 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenues & Volume, By Other Devices, 2021-2031F |
6.3 Grenada Narrowband IoT (NB-IoT) Chipset Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenues & Volume, By Agriculture, 2021-2031F |
6.3.3 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenues & Volume, By Automotive and Transportation, 2021-2031F |
6.3.4 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.3.5 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.6 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.3.7 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenues & Volume, By Safety and Security, 2021-2031F |
6.3.8 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenues & Volume, By Building Automation, 2021-2031F |
6.3.9 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenues & Volume, By Building Automation, 2021-2031F |
7 Grenada Narrowband IoT (NB-IoT) Chipset Market Import-Export Trade Statistics |
7.1 Grenada Narrowband IoT (NB-IoT) Chipset Market Export to Major Countries |
7.2 Grenada Narrowband IoT (NB-IoT) Chipset Market Imports from Major Countries |
8 Grenada Narrowband IoT (NB-IoT) Chipset Market Key Performance Indicators |
8.1 Average Revenue Per User (ARPU) for NB-IoT services in Grenada. |
8.2 Number of NB-IoT devices connected to networks in Grenada. |
8.3 Network coverage and reliability metrics for NB-IoT infrastructure in Grenada. |
9 Grenada Narrowband IoT (NB-IoT) Chipset Market - Opportunity Assessment |
9.1 Grenada Narrowband IoT (NB-IoT) Chipset Market Opportunity Assessment, By Deployment, 2021 & 2031F |
9.2 Grenada Narrowband IoT (NB-IoT) Chipset Market Opportunity Assessment, By Device, 2021 & 2031F |
9.3 Grenada Narrowband IoT (NB-IoT) Chipset Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Grenada Narrowband IoT (NB-IoT) Chipset Market - Competitive Landscape |
10.1 Grenada Narrowband IoT (NB-IoT) Chipset Market Revenue Share, By Companies, 2024 |
10.2 Grenada Narrowband IoT (NB-IoT) Chipset Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |