| Product Code: ETC10431526 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada continued to see a significant influx of residential routers from top exporting countries such as the USA, Jamaica, Saint Lucia, Barbados, and Sweden. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially dominated by a few key players. With a strong compound annual growth rate (CAGR) of 16.53% from 2020 to 2024 and a notable growth rate of 26.96% from 2023 to 2024, the residential router market in Grenada is showing promising expansion and increased demand for imported products.
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 Residential Routers Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Residential Routers Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Residential Routers Market - Industry Life Cycle |
3.4 Grenada Residential Routers Market - Porter's Five Forces |
3.5 Grenada Residential Routers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Residential Routers Market Revenues & Volume Share, By Wi-Fi Standard, 2021 & 2031F |
3.7 Grenada Residential Routers Market Revenues & Volume Share, By Speed (Mbps), 2021 & 2031F |
3.8 Grenada Residential Routers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Residential Routers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-speed internet connectivity in residential areas |
4.2.2 Growing trend of smart homes and IoT devices driving the need for robust home networks |
4.3 Market Restraints |
4.3.1 High initial cost of purchasing and setting up residential routers |
4.3.2 Limited technical knowledge among consumers affecting adoption rates |
5 Grenada Residential Routers Market Trends |
6 Grenada Residential Routers Market, By Types |
6.1 Grenada Residential Routers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Residential Routers Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Residential Routers Market Revenues & Volume, By Single-Band, 2021 - 2031F |
6.1.4 Grenada Residential Routers Market Revenues & Volume, By Dual-Band, 2021 - 2031F |
6.1.5 Grenada Residential Routers Market Revenues & Volume, By Mesh System, 2021 - 2031F |
6.2 Grenada Residential Routers Market, By Wi-Fi Standard |
6.2.1 Overview and Analysis |
6.2.2 Grenada Residential Routers Market Revenues & Volume, By Wi-Fi 4, 2021 - 2031F |
6.2.3 Grenada Residential Routers Market Revenues & Volume, By Wi-Fi 5, 2021 - 2031F |
6.2.4 Grenada Residential Routers Market Revenues & Volume, By Wi-Fi 6, 2021 - 2031F |
6.3 Grenada Residential Routers Market, By Speed (Mbps) |
6.3.1 Overview and Analysis |
6.3.2 Grenada Residential Routers Market Revenues & Volume, By Up to 300, 2021 - 2031F |
6.3.3 Grenada Residential Routers Market Revenues & Volume, By Up to 1200, 2021 - 2031F |
6.3.4 Grenada Residential Routers Market Revenues & Volume, By Above 3000, 2021 - 2031F |
6.4 Grenada Residential Routers Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Residential Routers Market Revenues & Volume, By Small Homes, 2021 - 2031F |
6.4.3 Grenada Residential Routers Market Revenues & Volume, By Medium Homes, 2021 - 2031F |
6.4.4 Grenada Residential Routers Market Revenues & Volume, By Large Homes, 2021 - 2031F |
7 Grenada Residential Routers Market Import-Export Trade Statistics |
7.1 Grenada Residential Routers Market Export to Major Countries |
7.2 Grenada Residential Routers Market Imports from Major Countries |
8 Grenada Residential Routers Market Key Performance Indicators |
8.1 Average data consumption per household |
8.2 Percentage of households with multiple connected devices |
8.3 Average internet speed in residential areas |
9 Grenada Residential Routers Market - Opportunity Assessment |
9.1 Grenada Residential Routers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Residential Routers Market Opportunity Assessment, By Wi-Fi Standard, 2021 & 2031F |
9.3 Grenada Residential Routers Market Opportunity Assessment, By Speed (Mbps), 2021 & 2031F |
9.4 Grenada Residential Routers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Residential Routers Market - Competitive Landscape |
10.1 Grenada Residential Routers Market Revenue Share, By Companies, 2024 |
10.2 Grenada Residential Routers 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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