| Product Code: ETC7377067 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada`s import shipments of POS devices continued to be dominated by key countries such as the USA, Saint Lucia, China, Trinidad and Tobago, and Portugal. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with minimal diversification. Despite the slight growth with a CAGR of 0.07 between 2020-2024, the growth rate from 2023-2024 showed a promising uptick at 1.01%. This suggests a steady but slightly improving market for POS device imports in Grenada, with potential opportunities for further expansion and market development.
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 POS Device Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada POS Device Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada POS Device Market - Industry Life Cycle |
3.4 Grenada POS Device Market - Porter's Five Forces |
3.5 Grenada POS Device Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Grenada POS Device Market Revenues & Volume Share, By Terminal Type, 2021 & 2031F |
3.7 Grenada POS Device Market Revenues & Volume Share, By Business Size, 2021 & 2031F |
3.8 Grenada POS Device Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
4 Grenada POS Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada POS Device Market Trends |
6 Grenada POS Device Market, By Types |
6.1 Grenada POS Device Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Grenada POS Device Market Revenues & Volume, By Component, 2021- 2031F |
6.1.3 Grenada POS Device Market Revenues & Volume, By Hardware, 2021- 2031F |
6.1.4 Grenada POS Device Market Revenues & Volume, By Software, 2021- 2031F |
6.1.5 Grenada POS Device Market Revenues & Volume, By Services, 2021- 2031F |
6.2 Grenada POS Device Market, By Terminal Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada POS Device Market Revenues & Volume, By Fixed POS Terminals, 2021- 2031F |
6.2.3 Grenada POS Device Market Revenues & Volume, By Mobile POS Terminals, 2021- 2031F |
6.3 Grenada POS Device Market, By Business Size |
6.3.1 Overview and Analysis |
6.3.2 Grenada POS Device Market Revenues & Volume, By Turnover<5 Million INR, 2021- 2031F |
6.3.3 Grenada POS Device Market Revenues & Volume, By Turnover 5 Million INR50 Million INR, 2021- 2031F |
6.3.4 Grenada POS Device Market Revenues & Volume, By Turnover 50 Million INR and Above, 2021- 2031F |
6.4 Grenada POS Device Market, By Industry Vertical |
6.4.1 Overview and Analysis |
6.4.2 Grenada POS Device Market Revenues & Volume, By Retail, 2021- 2031F |
6.4.3 Grenada POS Device Market Revenues & Volume, By Hospitality, 2021- 2031F |
6.4.4 Grenada POS Device Market Revenues & Volume, By BFSI, 2021- 2031F |
6.4.5 Grenada POS Device Market Revenues & Volume, By Media and Entertainment, 2021- 2031F |
6.4.6 Grenada POS Device Market Revenues & Volume, By Warehouse, 2021- 2031F |
6.4.7 Grenada POS Device Market Revenues & Volume, By Healthcare, 2021- 2031F |
7 Grenada POS Device Market Import-Export Trade Statistics |
7.1 Grenada POS Device Market Export to Major Countries |
7.2 Grenada POS Device Market Imports from Major Countries |
8 Grenada POS Device Market Key Performance Indicators |
9 Grenada POS Device Market - Opportunity Assessment |
9.1 Grenada POS Device Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Grenada POS Device Market Opportunity Assessment, By Terminal Type, 2021 & 2031F |
9.3 Grenada POS Device Market Opportunity Assessment, By Business Size, 2021 & 2031F |
9.4 Grenada POS Device Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
10 Grenada POS Device Market - Competitive Landscape |
10.1 Grenada POS Device Market Revenue Share, By Companies, 2024 |
10.2 Grenada POS Device 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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