| Product Code: ETC4679511 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s smart card import market in 2024 saw a further increase in concentration, with top countries like the USA, Singapore, India, Trinidad and Tobago, and Saint Kitts and Nevis dominating the shipments. Despite a negative Compound Annual Growth Rate (CAGR) of -8.72% from 2020 to 2024, the market experienced a sharp decline in growth rate from 2023 to 2024 at -20.49%. This indicates a challenging landscape for smart card imports in Grenada, possibly influenced by various factors impacting the industry.
By 2027, the Smart Card market in Grenada is anticipated to reach a growth rate of 2.10%, as part of an increasingly competitive North America region, where United States of America remains at the forefront, supported by Canada, Trinidad and Tobago, Jamaica and Bahamas, driving innovations and market adoption across sectors.

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 Card Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Smart Card Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Smart Card Market - Industry Life Cycle |
3.4 Grenada Smart Card Market - Porter's Five Forces |
3.5 Grenada Smart Card Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Grenada Smart Card Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Grenada Smart Card Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Smart Card Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Smart Card Market Trends |
6 Grenada Smart Card Market Segmentations |
6.1 Grenada Smart Card Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Grenada Smart Card Market Revenues & Volume, By Contact Cards, 2021-2031F |
6.1.3 Grenada Smart Card Market Revenues & Volume, By Contactless cards, 2021-2031F |
6.1.4 Grenada Smart Card Market Revenues & Volume, By Multi-component cards, 2021-2031F |
6.2 Grenada Smart Card Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Grenada Smart Card Market Revenues & Volume, By Memory-based, 2021-2031F |
6.2.3 Grenada Smart Card Market Revenues & Volume, By Microcontroller-based, 2021-2031F |
6.3 Grenada Smart Card Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Smart Card Market Revenues & Volume, By BFSI, 2021-2031F |
6.3.3 Grenada Smart Card Market Revenues & Volume, By Government, 2021-2031F |
6.3.4 Grenada Smart Card Market Revenues & Volume, By Telecommunication, 2021-2031F |
6.3.5 Grenada Smart Card Market Revenues & Volume, By Retail, 2021-2031F |
6.3.6 Grenada Smart Card Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.7 Grenada Smart Card Market Revenues & Volume, By Hospitality, 2021-2031F |
7 Grenada Smart Card Market Import-Export Trade Statistics |
7.1 Grenada Smart Card Market Export to Major Countries |
7.2 Grenada Smart Card Market Imports from Major Countries |
8 Grenada Smart Card Market Key Performance Indicators |
9 Grenada Smart Card Market - Opportunity Assessment |
9.1 Grenada Smart Card Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Grenada Smart Card Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Grenada Smart Card Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Smart Card Market - Competitive Landscape |
10.1 Grenada Smart Card Market Revenue Share, By Companies, 2024 |
10.2 Grenada Smart Card Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |