Grenada NFC Payment Devices Market (2025-2031) | Industry, Drivers, Value, Consumer Insights, Strategic Insights, Segmentation, Competition, Supply, Trends, Segments, Size, Companies, Restraints, Growth, Share, Challenges, Pricing Analysis, Strategy, Competitive, Outlook, Revenue, Demand, Analysis, Forecast, Opportunities, Investment Trends

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

Market Forecast By Device Type (NFC-Enabled Smartphones, Smartwatches, NFC Payment Cards, Wearable Payment Bands, NFC Stickers), By Technology (Contactless Payment, Digital Wallets, Mobile POS, QR Code Payments), By End User (Retail, Banking & Financial, Hospitality, Healthcare, Public Transport) And Competitive Landscape

Product Code: ETC12747814	Publication Date: Apr 2025	Updated Date: Oct 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Sachin Kumar Rai	No. of Pages: 65	No. of Figures: 34	No. of Tables: 19

Grenada Nfc Payment Devices Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The import shipments of NFC payment devices to Grenada in 2024 show a high concentration among top exporting countries such as the USA, Singapore, India, Trinidad and Tobago, and Saint Kitts and Nevis. The Herfindahl-Hirschman Index (HHI) indicates a significant increase in market concentration from 2023 to 2024, reflecting a more consolidated market landscape. The negative Compound Annual Growth Rate (CAGR) from 2020 to 2024 at -8.72% and a steep decline in growth rate from 2023 to 2024 at -20.49% suggest challenges in the market for NFC payment devices in Grenada.

Key Highlights of the Report:

Grenada NFC Payment Devices Market Outlook
Market Size of Grenada NFC Payment Devices Market,2024
Forecast of Grenada NFC Payment Devices Market, 2031
Historical Data and Forecast of Grenada NFC Payment Devices Revenues & Volume for the Period 2021-2031
Grenada NFC Payment Devices Market Trend Evolution
Grenada NFC Payment Devices Market Drivers and Challenges
Grenada NFC Payment Devices Price Trends
Grenada NFC Payment Devices Porter's Five Forces
Grenada NFC Payment Devices Industry Life Cycle
Historical Data and Forecast of Grenada NFC Payment Devices Market Revenues & Volume By Device Type for the Period 2021-2031
Historical Data and Forecast of Grenada NFC Payment Devices Market Revenues & Volume By NFC-Enabled Smartphones for the Period 2021-2031
Historical Data and Forecast of Grenada NFC Payment Devices Market Revenues & Volume By Smartwatches for the Period 2021-2031
Historical Data and Forecast of Grenada NFC Payment Devices Market Revenues & Volume By NFC Payment Cards for the Period 2021-2031
Historical Data and Forecast of Grenada NFC Payment Devices Market Revenues & Volume By Wearable Payment Bands for the Period 2021-2031
Historical Data and Forecast of Grenada NFC Payment Devices Market Revenues & Volume By NFC Stickers for the Period 2021 - 2029
Historical Data and Forecast of Grenada NFC Payment Devices Market Revenues & Volume By Technology for the Period 2021-2031
Historical Data and Forecast of Grenada NFC Payment Devices Market Revenues & Volume By Contactless Payment for the Period 2021-2031
Historical Data and Forecast of Grenada NFC Payment Devices Market Revenues & Volume By Digital Wallets for the Period 2021-2031
Historical Data and Forecast of Grenada NFC Payment Devices Market Revenues & Volume By Mobile POS for the Period 2021-2031
Historical Data and Forecast of Grenada NFC Payment Devices Market Revenues & Volume By QR Code Payments for the Period 2021-2031
Historical Data and Forecast of Grenada NFC Payment Devices Market Revenues & Volume By End User for the Period 2021-2031
Historical Data and Forecast of Grenada NFC Payment Devices Market Revenues & Volume By Retail for the Period 2021-2031
Historical Data and Forecast of Grenada NFC Payment Devices Market Revenues & Volume By Banking & Financial for the Period 2021-2031
Historical Data and Forecast of Grenada NFC Payment Devices Market Revenues & Volume By Hospitality for the Period 2021-2031
Historical Data and Forecast of Grenada NFC Payment Devices Market Revenues & Volume By Healthcare for the Period 2021-2031
Historical Data and Forecast of Grenada NFC Payment Devices Market Revenues & Volume By Public Transport for the Period 2021 - 2029
Grenada NFC Payment Devices Import Export Trade Statistics
Market Opportunity Assessment By Device Type
Market Opportunity Assessment By Technology
Market Opportunity Assessment By End User
Grenada NFC Payment Devices Top Companies Market Share
Grenada NFC Payment Devices Competitive Benchmarking By Technical and Operational Parameters
Grenada NFC Payment Devices Company Profiles
Grenada NFC Payment Devices Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

How does 6Wresearch market report help businesses in making strategic decisions?

Do you also provide customisation in the market study?

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 Payment Devices Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada NFC Payment Devices Market Revenues & Volume, 2021 & 2031F

3.3 Grenada NFC Payment Devices Market - Industry Life Cycle

3.4 Grenada NFC Payment Devices Market - Porter's Five Forces

3.5 Grenada NFC Payment Devices Market Revenues & Volume Share, By Device Type, 2021 & 2031F

3.6 Grenada NFC Payment Devices Market Revenues & Volume Share, By Technology, 2021 & 2031F

3.7 Grenada NFC Payment Devices Market Revenues & Volume Share, By End User, 2021 & 2031F

4 Grenada NFC Payment Devices Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing adoption of contactless payment methods globally

4.2.2 Growing demand for secure and convenient payment solutions

4.2.3 Government initiatives promoting cashless transactions

4.3 Market Restraints

4.3.1 Limited merchant acceptance infrastructure for NFC payments in Grenada

4.3.2 Concerns regarding data security and privacy with NFC technology

5 Grenada NFC Payment Devices Market Trends

6 Grenada NFC Payment Devices Market, By Types

6.1 Grenada NFC Payment Devices Market, By Device Type

6.1.1 Overview and Analysis

6.1.2 Grenada NFC Payment Devices Market Revenues & Volume, By Device Type, 2021 - 2031F

6.1.3 Grenada NFC Payment Devices Market Revenues & Volume, By NFC-Enabled Smartphones, 2021 - 2031F

6.1.4 Grenada NFC Payment Devices Market Revenues & Volume, By Smartwatches, 2021 - 2031F

6.1.5 Grenada NFC Payment Devices Market Revenues & Volume, By NFC Payment Cards, 2021 - 2031F

6.1.6 Grenada NFC Payment Devices Market Revenues & Volume, By Wearable Payment Bands, 2021 - 2031F

6.1.7 Grenada NFC Payment Devices Market Revenues & Volume, By NFC Stickers, 2021 - 2031F

6.2 Grenada NFC Payment Devices Market, By Technology

6.2.1 Overview and Analysis

6.2.2 Grenada NFC Payment Devices Market Revenues & Volume, By Contactless Payment, 2021 - 2031F

6.2.3 Grenada NFC Payment Devices Market Revenues & Volume, By Digital Wallets, 2021 - 2031F

6.2.4 Grenada NFC Payment Devices Market Revenues & Volume, By Mobile POS, 2021 - 2031F

6.2.5 Grenada NFC Payment Devices Market Revenues & Volume, By QR Code Payments, 2021 - 2031F

6.3 Grenada NFC Payment Devices Market, By End User

6.3.1 Overview and Analysis

6.3.2 Grenada NFC Payment Devices Market Revenues & Volume, By Retail, 2021 - 2031F

6.3.3 Grenada NFC Payment Devices Market Revenues & Volume, By Banking & Financial, 2021 - 2031F

6.3.4 Grenada NFC Payment Devices Market Revenues & Volume, By Hospitality, 2021 - 2031F

6.3.5 Grenada NFC Payment Devices Market Revenues & Volume, By Healthcare, 2021 - 2031F

6.3.6 Grenada NFC Payment Devices Market Revenues & Volume, By Public Transport, 2021 - 2031F

7 Grenada NFC Payment Devices Market Import-Export Trade Statistics

7.1 Grenada NFC Payment Devices Market Export to Major Countries

7.2 Grenada NFC Payment Devices Market Imports from Major Countries

8 Grenada NFC Payment Devices Market Key Performance Indicators

8.1 Average transaction value per NFC payment device

8.2 Number of new merchants accepting NFC payments

8.3 Percentage increase in NFC transactions compared to traditional payment methods

8.4 Customer satisfaction ratings for NFC payment experience

8.5 Growth in the number of NFC-enabled devices in Grenada

9 Grenada NFC Payment Devices Market - Opportunity Assessment

9.1 Grenada NFC Payment Devices Market Opportunity Assessment, By Device Type, 2021 & 2031F

9.2 Grenada NFC Payment Devices Market Opportunity Assessment, By Technology, 2021 & 2031F

9.3 Grenada NFC Payment Devices Market Opportunity Assessment, By End User, 2021 & 2031F

10 Grenada NFC Payment Devices Market - Competitive Landscape

10.1 Grenada NFC Payment Devices Market Revenue Share, By Companies, 2024

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

11 Company Profiles

12 Recommendations

13 Disclaimer

Africa NFC Payment Devices Market

Europe NFC Payment Devices Market

Global NFC Payment Devices Market

Madagascar NFC Payment Devices Market

Malawi NFC Payment Devices Market

Maldives NFC Payment Devices Market

Mali NFC Payment Devices Market

Malta NFC Payment Devices Market

Middle East NFC Payment Devices Market

North America NFC Payment Devices Market

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.

To discover high-growth global markets and optimize your business strategy:

Click Here