| Product Code: ETC5621132 | 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 |
The import shipments of smart beacons in Grenada saw remarkable growth in 2024, with top exporting countries including the USA, Trinidad and Tobago, China, Saint Lucia, and Barbados. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 46.36% from 2020-24 demonstrates a thriving industry. The strong growth rate of 44.69% from 2023-24 further underscores the increasing popularity and demand for smart beacon technology in Grenada.
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 Smart Beacon Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Smart Beacon Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Smart Beacon Market - Industry Life Cycle |
3.4 Grenada Smart Beacon Market - Porter's Five Forces |
3.5 Grenada Smart Beacon Market Revenues & Volume Share, By Beacon Standard, 2021 & 2031F |
3.6 Grenada Smart Beacon Market Revenues & Volume Share, By Connectivity Type, 2021 & 2031F |
3.7 Grenada Smart Beacon Market Revenues & Volume Share, By Offering, 2021 & 2031F |
3.8 Grenada Smart Beacon Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada Smart Beacon Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of Internet of Things (IoT) technology in Grenada |
4.2.2 Growing demand for location-based services and proximity marketing |
4.2.3 Government initiatives to promote smart city projects and digital transformation |
4.3 Market Restraints |
4.3.1 High initial investment cost for deploying smart beacon infrastructure |
4.3.2 Concerns regarding data privacy and security |
4.3.3 Limited awareness and understanding of smart beacon technology among businesses and consumers |
5 Grenada Smart Beacon Market Trends |
6 Grenada Smart Beacon Market Segmentations |
6.1 Grenada Smart Beacon Market, By Beacon Standard |
6.1.1 Overview and Analysis |
6.1.2 Grenada Smart Beacon Market Revenues & Volume, By iBeacon, 2021-2031F |
6.1.3 Grenada Smart Beacon Market Revenues & Volume, By Eddystone, 2021-2031F |
6.1.4 Grenada Smart Beacon Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Smart Beacon Market, By Connectivity Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Smart Beacon Market Revenues & Volume, By Bluetooth Low Energy (BLE), 2021-2031F |
6.2.3 Grenada Smart Beacon Market Revenues & Volume, By Hybrid, 2021-2031F |
6.3 Grenada Smart Beacon Market, By Offering |
6.3.1 Overview and Analysis |
6.3.2 Grenada Smart Beacon Market Revenues & Volume, By Hardware, 2021-2031F |
6.3.3 Grenada Smart Beacon Market Revenues & Volume, By Software, 2021-2031F |
6.3.4 Grenada Smart Beacon Market Revenues & Volume, By Service, 2021-2031F |
6.4 Grenada Smart Beacon Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Grenada Smart Beacon Market Revenues & Volume, By Retail, 2021-2031F |
6.4.3 Grenada Smart Beacon Market Revenues & Volume, By Public Gatherings & Spaces, 2021-2031F |
6.4.4 Grenada Smart Beacon Market Revenues & Volume, By Hospitality, 2021-2031F |
6.4.5 Grenada Smart Beacon Market Revenues & Volume, By Transportation & Logistics, 2021-2031F |
6.4.6 Grenada Smart Beacon Market Revenues & Volume, By Sports, 2021-2031F |
6.4.7 Grenada Smart Beacon Market Revenues & Volume, By Aviation, 2021-2031F |
6.4.8 Grenada Smart Beacon Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.9 Grenada Smart Beacon Market Revenues & Volume, By Automotive, 2021-2031F |
7 Grenada Smart Beacon Market Import-Export Trade Statistics |
7.1 Grenada Smart Beacon Market Export to Major Countries |
7.2 Grenada Smart Beacon Market Imports from Major Countries |
8 Grenada Smart Beacon Market Key Performance Indicators |
8.1 Number of active smart beacons deployed in Grenada |
8.2 Rate of adoption of smart beacon technology in key industries |
8.3 Increase in foot traffic and customer engagement in locations with smart beacons |
8.4 Percentage growth in partnerships between smart beacon providers and local businesses |
8.5 Improvement in operational efficiency and customer satisfaction metrics in businesses using smart beacons |
9 Grenada Smart Beacon Market - Opportunity Assessment |
9.1 Grenada Smart Beacon Market Opportunity Assessment, By Beacon Standard, 2021 & 2031F |
9.2 Grenada Smart Beacon Market Opportunity Assessment, By Connectivity Type, 2021 & 2031F |
9.3 Grenada Smart Beacon Market Opportunity Assessment, By Offering, 2021 & 2031F |
9.4 Grenada Smart Beacon Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada Smart Beacon Market - Competitive Landscape |
10.1 Grenada Smart Beacon Market Revenue Share, By Companies, 2024 |
10.2 Grenada Smart Beacon Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |