Grenada NFC Chip Market (2025-2031) | Share, Industry, Trends, Segmentation, Growth, Forecast, Competitive Landscape, Value, Companies, Analysis, Outlook, Size & Revenue

Name: Grenada NFC Chip Market (2025-2031) | Share & Industry
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: NFC Chip Market, Grenada NFC Chip Market, Grenada NFC Chip Market Revenues, Grenada NFC Chip Market Share, Grenada NFC Chip Market Size, Grenada NFC Chip Market Outlook, Grenada NFC Chip Market Report, Grenada NFC Chip Market Competition, Grenada NFC Chip Market Overview, Grenada NFC Chip Market Trends, Grenada NFC Chip Market Forecast

Market Forecast By Storage Capacity (Up to 64 Bytes, 65 to 168 Bytes, 169 to 180 Bytes, 181 to 540 Bytes, Above 540 Bytes), By Application (Smartphones, Laptops & Notebooks, Smart Cards, Televisions, Point of Sales Systems, Medical Devices, Vehicles, Others (Smart Wearables, Printers, etc.)), By End-use Industry (Automotive & Transportation, Consumer Electronics, Retail, BFSI, Healthcare, Building & Infrastructure, Others) And Competitive Landscape

Product Code: ETC7375466	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 Nfc Chip Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Grenada continued to rely heavily on imports of NFC chips, with top exporters being the USA, Trinidad and Tobago, China, UK, and Barbados. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a significant decline with a Compound Annual Growth Rate (CAGR) of -8.09% from 2020 to 2024. The negative growth trend persisted with a sharp -37.38% rate in 2024 compared to the previous year. This suggests a challenging market environment for NFC chip imports into Grenada, warranting a closer examination of market dynamics and potential strategies moving forward.

Key Highlights of the Report:

Grenada NFC Chip Market Outlook
Market Size of Grenada NFC Chip Market, 2024
Forecast of Grenada NFC Chip Market, 2031
Historical Data and Forecast of Grenada NFC Chip Revenues & Volume for the Period 2021- 2031
Grenada NFC Chip Market Trend Evolution
Grenada NFC Chip Market Drivers and Challenges
Grenada NFC Chip Price Trends
Grenada NFC Chip Porter's Five Forces
Grenada NFC Chip Industry Life Cycle
Historical Data and Forecast of Grenada NFC Chip Market Revenues & Volume By Storage Capacity for the Period 2021- 2031
Historical Data and Forecast of Grenada NFC Chip Market Revenues & Volume By Up to 64 Bytes for the Period 2021- 2031
Historical Data and Forecast of Grenada NFC Chip Market Revenues & Volume By 65 to 168 Bytes for the Period 2021- 2031
Historical Data and Forecast of Grenada NFC Chip Market Revenues & Volume By 169 to 180 Bytes for the Period 2021- 2031
Historical Data and Forecast of Grenada NFC Chip Market Revenues & Volume By 181 to 540 Bytes for the Period 2021- 2031
Historical Data and Forecast of Grenada NFC Chip Market Revenues & Volume By Above 540 Bytes for the Period 2021- 2031
Historical Data and Forecast of Grenada NFC Chip Market Revenues & Volume By Application for the Period 2021- 2031
Historical Data and Forecast of Grenada NFC Chip Market Revenues & Volume By Smartphones for the Period 2021- 2031
Historical Data and Forecast of Grenada NFC Chip Market Revenues & Volume By Laptops & Notebooks for the Period 2021- 2031
Historical Data and Forecast of Grenada NFC Chip Market Revenues & Volume By Smart Cards for the Period 2021- 2031
Historical Data and Forecast of Grenada NFC Chip Market Revenues & Volume By Televisions for the Period 2021- 2031
Historical Data and Forecast of Grenada NFC Chip Market Revenues & Volume By Point of Sales Systems for the Period 2021- 2031
Historical Data and Forecast of Grenada NFC Chip Market Revenues & Volume By Medical Devices for the Period 2021- 2031
Historical Data and Forecast of Grenada NFC Chip Market Revenues & Volume By Vehicles for the Period 2021- 2031
Historical Data and Forecast of Grenada NFC Chip Market Revenues & Volume By Others (Smart Wearables, Printers, etc.) for the Period 2021- 2031
Historical Data and Forecast of Grenada NFC Chip Market Revenues & Volume By End-use Industry for the Period 2021- 2031
Historical Data and Forecast of Grenada NFC Chip Market Revenues & Volume By Automotive & Transportation for the Period 2021- 2031
Historical Data and Forecast of Grenada NFC Chip Market Revenues & Volume By Consumer Electronics for the Period 2021- 2031
Historical Data and Forecast of Grenada NFC Chip Market Revenues & Volume By Retail for the Period 2021- 2031
Historical Data and Forecast of Grenada NFC Chip Market Revenues & Volume By BFSI for the Period 2021- 2031
Historical Data and Forecast of Grenada NFC Chip Market Revenues & Volume By Healthcare for the Period 2021- 2031
Historical Data and Forecast of Grenada NFC Chip Market Revenues & Volume By Building & Infrastructure for the Period 2021- 2031
Historical Data and Forecast of Grenada NFC Chip Market Revenues & Volume By Others for the Period 2021- 2031
Grenada NFC Chip Import Export Trade Statistics
Market Opportunity Assessment By Storage Capacity
Market Opportunity Assessment By Application
Market Opportunity Assessment By End-use Industry
Grenada NFC Chip Top Companies Market Share
Grenada NFC Chip Competitive Benchmarking By Technical and Operational Parameters
Grenada NFC Chip Company Profiles
Grenada NFC Chip Key Strategic Recommendations

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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 NFC Chip Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada NFC Chip Market Revenues & Volume, 2021 & 2031F

3.3 Grenada NFC Chip Market - Industry Life Cycle

3.4 Grenada NFC Chip Market - Porter's Five Forces

3.5 Grenada NFC Chip Market Revenues & Volume Share, By Storage Capacity, 2021 & 2031F

3.6 Grenada NFC Chip Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Grenada NFC Chip Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F

4 Grenada NFC Chip Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing adoption of contactless payment methods in Grenada

4.2.2 Growing demand for secure and convenient payment solutions

4.2.3 Technological advancements driving the integration of NFC chips in various devices

4.3 Market Restraints

4.3.1 High initial investment required for implementing NFC technology

4.3.2 Limited awareness and understanding of NFC technology among consumers in Grenada

4.3.3 Concerns over data security and privacy issues associated with NFC technology

5 Grenada NFC Chip Market Trends

6 Grenada NFC Chip Market, By Types

6.1 Grenada NFC Chip Market, By Storage Capacity

6.1.1 Overview and Analysis

6.1.2 Grenada NFC Chip Market Revenues & Volume, By Storage Capacity, 2021- 2031F

6.1.3 Grenada NFC Chip Market Revenues & Volume, By Up to 64 Bytes, 2021- 2031F

6.1.4 Grenada NFC Chip Market Revenues & Volume, By 65 to 168 Bytes, 2021- 2031F

6.1.5 Grenada NFC Chip Market Revenues & Volume, By 169 to 180 Bytes, 2021- 2031F

6.1.6 Grenada NFC Chip Market Revenues & Volume, By 181 to 540 Bytes, 2021- 2031F

6.1.7 Grenada NFC Chip Market Revenues & Volume, By Above 540 Bytes, 2021- 2031F

6.2 Grenada NFC Chip Market, By Application

6.2.1 Overview and Analysis

6.2.2 Grenada NFC Chip Market Revenues & Volume, By Smartphones, 2021- 2031F

6.2.3 Grenada NFC Chip Market Revenues & Volume, By Laptops & Notebooks, 2021- 2031F

6.2.4 Grenada NFC Chip Market Revenues & Volume, By Smart Cards, 2021- 2031F

6.2.5 Grenada NFC Chip Market Revenues & Volume, By Televisions, 2021- 2031F

6.2.6 Grenada NFC Chip Market Revenues & Volume, By Point of Sales Systems, 2021- 2031F

6.2.7 Grenada NFC Chip Market Revenues & Volume, By Medical Devices, 2021- 2031F

6.2.8 Grenada NFC Chip Market Revenues & Volume, By Others (Smart Wearables, Printers, etc.), 2021- 2031F

6.2.9 Grenada NFC Chip Market Revenues & Volume, By Others (Smart Wearables, Printers, etc.), 2021- 2031F

6.3 Grenada NFC Chip Market, By End-use Industry

6.3.1 Overview and Analysis

6.3.2 Grenada NFC Chip Market Revenues & Volume, By Automotive & Transportation, 2021- 2031F

6.3.3 Grenada NFC Chip Market Revenues & Volume, By Consumer Electronics, 2021- 2031F

6.3.4 Grenada NFC Chip Market Revenues & Volume, By Retail, 2021- 2031F

6.3.5 Grenada NFC Chip Market Revenues & Volume, By BFSI, 2021- 2031F

6.3.6 Grenada NFC Chip Market Revenues & Volume, By Healthcare, 2021- 2031F

6.3.7 Grenada NFC Chip Market Revenues & Volume, By Building & Infrastructure, 2021- 2031F

7 Grenada NFC Chip Market Import-Export Trade Statistics

7.1 Grenada NFC Chip Market Export to Major Countries

7.2 Grenada NFC Chip Market Imports from Major Countries

8 Grenada NFC Chip Market Key Performance Indicators

8.1 Number of NFC-enabled devices in Grenada

8.2 Rate of growth in contactless payment transactions

8.3 Adoption rate of NFC technology in different sectors (e.g., retail, transportation)

8.4 Number of NFC technology partnerships and collaborations

8.5 Customer satisfaction and trust levels with NFC-enabled services

9 Grenada NFC Chip Market - Opportunity Assessment

9.1 Grenada NFC Chip Market Opportunity Assessment, By Storage Capacity, 2021 & 2031F

9.2 Grenada NFC Chip Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Grenada NFC Chip Market Opportunity Assessment, By End-use Industry, 2021 & 2031F

10 Grenada NFC Chip Market - Competitive Landscape

10.1 Grenada NFC Chip Market Revenue Share, By Companies, 2024

10.2 Grenada NFC Chip Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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