| Product Code: ETC5444907 | 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 next-generation firewalls in 2024 continued to be dominated by key exporters such as the USA, China, Italy, UK, and Trinidad and Tobago. The market concentration, as measured by the HHI, remained very high, indicating the strong presence of these top exporting countries. The impressive compound annual growth rate (CAGR) of 33.9% from 2020 to 2024 reflects the increasing demand for advanced cybersecurity solutions in Grenada. Moreover, the growth rate of 17.14% in 2024 suggests a sustained momentum in the market, offering lucrative opportunities for both exporters and local businesses in the cybersecurity sector.
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 Next-Generation Firewall Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Next-Generation Firewall Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Next-Generation Firewall Market - Industry Life Cycle |
3.4 Grenada Next-Generation Firewall Market - Porter's Five Forces |
3.5 Grenada Next-Generation Firewall Market Revenues & Volume Share, By Delivery Type, 2021 & 2031F |
3.6 Grenada Next-Generation Firewall Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.7 Grenada Next-Generation Firewall Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.8 Grenada Next-Generation Firewall Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Grenada Next-Generation Firewall Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing cyber threats and sophisticated cyber attacks |
4.2.2 Growing adoption of cloud-based services and IoT devices |
4.2.3 Stringent data protection regulations and compliance requirements |
4.3 Market Restraints |
4.3.1 High initial investment and implementation costs |
4.3.2 Lack of skilled cybersecurity professionals |
4.3.3 Integration challenges with existing IT infrastructure |
5 Grenada Next-Generation Firewall Market Trends |
6 Grenada Next-Generation Firewall Market Segmentations |
6.1 Grenada Next-Generation Firewall Market, By Delivery Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Next-Generation Firewall Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.3 Grenada Next-Generation Firewall Market Revenues & Volume, By Virtual, 2021-2031F |
6.1.4 Grenada Next-Generation Firewall Market Revenues & Volume, By Cloud, 2021-2031F |
6.2 Grenada Next-Generation Firewall Market, By Service |
6.2.1 Overview and Analysis |
6.2.2 Grenada Next-Generation Firewall Market Revenues & Volume, By Professional (Consulting, Support and Maintenance, System Integration), 2021-2031F |
6.2.3 Grenada Next-Generation Firewall Market Revenues & Volume, By Managed, 2021-2031F |
6.3 Grenada Next-Generation Firewall Market, By Organization Size |
6.3.1 Overview and Analysis |
6.3.2 Grenada Next-Generation Firewall Market Revenues & Volume, By Large enterprises, 2021-2031F |
6.3.3 Grenada Next-Generation Firewall Market Revenues & Volume, By Small and Medium-Sized Enterprises (SMEs), 2021-2031F |
6.4 Grenada Next-Generation Firewall Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 Grenada Next-Generation Firewall Market Revenues & Volume, By Retail, 2021-2031F |
6.4.3 Grenada Next-Generation Firewall Market Revenues & Volume, By Travel and hospitality, 2021-2031F |
6.4.4 Grenada Next-Generation Firewall Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.5 Grenada Next-Generation Firewall Market Revenues & Volume, By IT and telecom, 2021-2031F |
6.4.6 Grenada Next-Generation Firewall Market Revenues & Volume, By Education, 2021-2031F |
6.4.7 Grenada Next-Generation Firewall Market Revenues & Volume, By Media and entertainment, 2021-2031F |
7 Grenada Next-Generation Firewall Market Import-Export Trade Statistics |
7.1 Grenada Next-Generation Firewall Market Export to Major Countries |
7.2 Grenada Next-Generation Firewall Market Imports from Major Countries |
8 Grenada Next-Generation Firewall Market Key Performance Indicators |
8.1 Average time to detect and respond to security incidents |
8.2 Percentage increase in the number of advanced threat protections deployed |
8.3 Rate of adoption of next-generation firewall technologies |
8.4 Percentage improvement in overall network security posture |
8.5 Reduction in the number of successful cyber attacks |
9 Grenada Next-Generation Firewall Market - Opportunity Assessment |
9.1 Grenada Next-Generation Firewall Market Opportunity Assessment, By Delivery Type, 2021 & 2031F |
9.2 Grenada Next-Generation Firewall Market Opportunity Assessment, By Service, 2021 & 2031F |
9.3 Grenada Next-Generation Firewall Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
9.4 Grenada Next-Generation Firewall Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Grenada Next-Generation Firewall Market - Competitive Landscape |
10.1 Grenada Next-Generation Firewall Market Revenue Share, By Companies, 2024 |
10.2 Grenada Next-Generation Firewall 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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