| Product Code: ETC5611556 | 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 satellite modem import market in 2024 continued to be dominated by top exporting countries such as the USA, Jamaica, Saint Lucia, Barbados, and Sweden. The high Herfindahl-Hirschman Index (HHI) suggests a concentrated market, with significant contributions from these key players. The impressive Compound Annual Growth Rate (CAGR) of 16.53% from 2020 to 2024 indicates sustained growth, while the growth rate spike of 26.96% from 2023 to 2024 reflects a surge in demand. Grenada`s reliance on these major exporters showcases a strong preference for quality and reliable satellite modems.
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 Satellite Modem Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Satellite Modem Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Satellite Modem Market - Industry Life Cycle |
3.4 Grenada Satellite Modem Market - Porter's Five Forces |
3.5 Grenada Satellite Modem Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Grenada Satellite Modem Market Revenues & Volume Share, By End User Industry, 2021 & 2031F |
3.7 Grenada Satellite Modem Market Revenues & Volume Share, By Channel Type, 2021 & 2031F |
3.8 Grenada Satellite Modem Market Revenues & Volume Share, By Data Rate, 2021 & 2031F |
3.9 Grenada Satellite Modem Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Grenada Satellite Modem Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-speed internet services in Grenada |
4.2.2 Growing adoption of satellite communication technology |
4.2.3 Government initiatives to improve connectivity and digital infrastructure in Grenada |
4.3 Market Restraints |
4.3.1 High initial cost and maintenance expenses associated with satellite modems |
4.3.2 Limited coverage and potential signal disruptions in adverse weather conditions |
5 Grenada Satellite Modem Market Trends |
6 Grenada Satellite Modem Market Segmentations |
6.1 Grenada Satellite Modem Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Satellite Modem Market Revenues & Volume, By Mobile & Backhaul, 2021-2031F |
6.1.3 Grenada Satellite Modem Market Revenues & Volume, By IP Trunking, 2021-2031F |
6.1.4 Grenada Satellite Modem Market Revenues & Volume, By Offshore Communication, 2021-2031F |
6.1.5 Grenada Satellite Modem Market Revenues & Volume, By Tracking & Monitoring, 2021-2031F |
6.1.6 Grenada Satellite Modem Market Revenues & Volume, By Enterprise & Broadband, 2021-2031F |
6.1.7 Grenada Satellite Modem Market Revenues & Volume, By In-flight Connectivity, 2021-2031F |
6.2 Grenada Satellite Modem Market, By End User Industry |
6.2.1 Overview and Analysis |
6.2.2 Grenada Satellite Modem Market Revenues & Volume, By Energy & Utilities, 2021-2031F |
6.2.3 Grenada Satellite Modem Market Revenues & Volume, By Mining, 2021-2031F |
6.2.4 Grenada Satellite Modem Market Revenues & Volume, By Telecommunications, 2021-2031F |
6.2.5 Grenada Satellite Modem Market Revenues & Volume, By Marine, 2021-2031F |
6.2.6 Grenada Satellite Modem Market Revenues & Volume, By Military & Defense, 2021-2031F |
6.2.7 Grenada Satellite Modem Market Revenues & Volume, By Transportation & Logistics, 2021-2031F |
6.3 Grenada Satellite Modem Market, By Channel Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Satellite Modem Market Revenues & Volume, By SCPC Modem, 2021-2031F |
6.3.3 Grenada Satellite Modem Market Revenues & Volume, By MCPC Modem, 2021-2031F |
6.4 Grenada Satellite Modem Market, By Data Rate |
6.4.1 Overview and Analysis |
6.4.2 Grenada Satellite Modem Market Revenues & Volume, By High Speed, 2021-2031F |
6.4.3 Grenada Satellite Modem Market Revenues & Volume, By Mid Range, 2021-2031F |
6.4.4 Grenada Satellite Modem Market Revenues & Volume, By Entry Level, 2021-2031F |
6.5 Grenada Satellite Modem Market, By Technology |
6.5.1 Overview and Analysis |
6.5.2 Grenada Satellite Modem Market Revenues & Volume, By VSAT, 2021-2031F |
6.5.3 Grenada Satellite Modem Market Revenues & Volume, By Satcom-on-the-Move, 2021-2031F |
6.5.4 Grenada Satellite Modem Market Revenues & Volume, By Satcom-on-the-Pause, 2021-2031F |
6.5.5 Grenada Satellite Modem Market Revenues & Volume, By Satellite Telemetry, 2021-2031F |
6.5.6 Grenada Satellite Modem Market Revenues & Volume, By Satcom Automatic Identification System (AIS), 2021-2031F |
7 Grenada Satellite Modem Market Import-Export Trade Statistics |
7.1 Grenada Satellite Modem Market Export to Major Countries |
7.2 Grenada Satellite Modem Market Imports from Major Countries |
8 Grenada Satellite Modem Market Key Performance Indicators |
8.1 Average data transfer speeds achieved by satellite modems in Grenada |
8.2 Number of new satellite internet service providers entering the Grenada market |
8.3 Percentage increase in internet penetration rate in Grenada attributed to satellite modem usage |
9 Grenada Satellite Modem Market - Opportunity Assessment |
9.1 Grenada Satellite Modem Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Grenada Satellite Modem Market Opportunity Assessment, By End User Industry, 2021 & 2031F |
9.3 Grenada Satellite Modem Market Opportunity Assessment, By Channel Type, 2021 & 2031F |
9.4 Grenada Satellite Modem Market Opportunity Assessment, By Data Rate, 2021 & 2031F |
9.5 Grenada Satellite Modem Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Grenada Satellite Modem Market - Competitive Landscape |
10.1 Grenada Satellite Modem Market Revenue Share, By Companies, 2024 |
10.2 Grenada Satellite Modem 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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