| Product Code: ETC5610093 | 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 network devices import market continued to thrive in 2024 with significant growth and a high level of market concentration. The top exporting countries to Grenada, including the USA, UK, Trinidad and Tobago, Saint Lucia, and Jamaica, played a key role in driving this growth. With a remarkable compound annual growth rate (CAGR) of 22.69% from 2020 to 2024 and an impressive growth rate of 51.83% from 2023 to 2024, the outlook for the network devices import sector in Grenada remains promising.
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 Network Devices Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Network Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Network Devices Market - Industry Life Cycle |
3.4 Grenada Network Devices Market - Porter's Five Forces |
3.5 Grenada Network Devices Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.6 Grenada Network Devices Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Grenada Network Devices Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.8 Grenada Network Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Network Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-speed internet and connectivity services in Grenada |
4.2.2 Growing adoption of IoT devices and smart technologies in homes and businesses |
4.2.3 Government initiatives to improve digital infrastructure and connectivity in the country |
4.3 Market Restraints |
4.3.1 Limited technological infrastructure and resources in Grenada |
4.3.2 High initial investment costs associated with deploying network devices |
4.3.3 Lack of skilled professionals and expertise in managing complex network devices |
5 Grenada Network Devices Market Trends |
6 Grenada Network Devices Market Segmentations |
6.1 Grenada Network Devices Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Network Devices Market Revenues & Volume, By Routers, 2021-2031F |
6.1.3 Grenada Network Devices Market Revenues & Volume, By Gateways, 2021-2031F |
6.1.4 Grenada Network Devices Market Revenues & Volume, By Access Points, 2021-2031F |
6.2 Grenada Network Devices Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Network Devices Market Revenues & Volume, By Indoor, 2021-2031F |
6.2.3 Grenada Network Devices Market Revenues & Volume, By Outdoor, 2021-2031F |
6.3 Grenada Network Devices Market, By Connectivity |
6.3.1 Overview and Analysis |
6.3.2 Grenada Network Devices Market Revenues & Volume, By WiFi, 2021-2031F |
6.3.3 Grenada Network Devices Market Revenues & Volume, By Cellular, 2021-2031F |
6.3.4 Grenada Network Devices Market Revenues & Volume, By WiFi + Others, 2021-2031F |
6.3.5 Grenada Network Devices Market Revenues & Volume, By LoRa, 2021-2031F |
6.3.6 Grenada Network Devices Market Revenues & Volume, By Others, 2021-2031F |
6.4 Grenada Network Devices Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Network Devices Market Revenues & Volume, By Residential Networking, 2021-2031F |
6.4.3 Grenada Network Devices Market Revenues & Volume, By Commercial Networking, 2021-2031F |
6.4.4 Grenada Network Devices Market Revenues & Volume, By Enterprise Networking, 2021-2031F |
6.4.5 Grenada Network Devices Market Revenues & Volume, By Industrial Networking, 2021-2031F |
6.4.6 Grenada Network Devices Market Revenues & Volume, By Transportation Networking, 2021-2031F |
7 Grenada Network Devices Market Import-Export Trade Statistics |
7.1 Grenada Network Devices Market Export to Major Countries |
7.2 Grenada Network Devices Market Imports from Major Countries |
8 Grenada Network Devices Market Key Performance Indicators |
8.1 Average internet speed in Grenada |
8.2 Number of IoT devices connected to networks in Grenada |
8.3 Percentage of households and businesses with access to high-speed internet |
9 Grenada Network Devices Market - Opportunity Assessment |
9.1 Grenada Network Devices Market Opportunity Assessment, By Device Type, 2021 & 2031F |
9.2 Grenada Network Devices Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Grenada Network Devices Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.4 Grenada Network Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Network Devices Market - Competitive Landscape |
10.1 Grenada Network Devices Market Revenue Share, By Companies, 2024 |
10.2 Grenada Network Devices 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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