| Product Code: ETC10841062 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Grenada continued to see significant imports of smart watches, with the top exporting countries being the USA, China, UK, Barbados, and Areas, nes. Despite a high Herfindahl-Hirschman Index (HHI) indicating concentrated market share, the industry experienced a notable decline with a CAGR of -6.51% from 2020 to 2024. Furthermore, the growth rate plummeted by -77.83% from 2023 to 2024, reflecting challenges faced by the market. This data suggests a shifting landscape in the smart watch import market in Grenada, warranting further analysis and strategic considerations for stakeholders.
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 Watches Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Smart Watches Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Smart Watches Market - Industry Life Cycle |
3.4 Grenada Smart Watches Market - Porter's Five Forces |
3.5 Grenada Smart Watches Market Revenues & Volume Share, By Watch Type, 2021 & 2031F |
3.6 Grenada Smart Watches Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.7 Grenada Smart Watches Market Revenues & Volume Share, By AI Capabilities, 2021 & 2031F |
3.8 Grenada Smart Watches Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Grenada Smart Watches Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Smart Watches Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Smart Watches Market Trends |
6 Grenada Smart Watches Market, By Types |
6.1 Grenada Smart Watches Market, By Watch Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Smart Watches Market Revenues & Volume, By Watch Type, 2021 - 2031F |
6.1.3 Grenada Smart Watches Market Revenues & Volume, By Fitness Smartwatches, 2021 - 2031F |
6.1.4 Grenada Smart Watches Market Revenues & Volume, By AI-Powered Smartwatches, 2021 - 2031F |
6.1.5 Grenada Smart Watches Market Revenues & Volume, By ECG-Enabled Smartwatches, 2021 - 2031F |
6.1.6 Grenada Smart Watches Market Revenues & Volume, By GPS-Enabled Smartwatches, 2021 - 2031F |
6.1.7 Grenada Smart Watches Market Revenues & Volume, By AI-Integrated Luxury Smartwatches, 2021 - 2031F |
6.2 Grenada Smart Watches Market, By Connectivity |
6.2.1 Overview and Analysis |
6.2.2 Grenada Smart Watches Market Revenues & Volume, By Bluetooth Connected, 2021 - 2031F |
6.2.3 Grenada Smart Watches Market Revenues & Volume, By IoT-Integrated, 2021 - 2031F |
6.2.4 Grenada Smart Watches Market Revenues & Volume, By Cloud-Based, 2021 - 2031F |
6.2.5 Grenada Smart Watches Market Revenues & Volume, By NFC-Connected, 2021 - 2031F |
6.2.6 Grenada Smart Watches Market Revenues & Volume, By 5G-Enabled, 2021 - 2031F |
6.3 Grenada Smart Watches Market, By AI Capabilities |
6.3.1 Overview and Analysis |
6.3.2 Grenada Smart Watches Market Revenues & Volume, By Step Counting, 2021 - 2031F |
6.3.3 Grenada Smart Watches Market Revenues & Volume, By Personalized Recommendations, 2021 - 2031F |
6.3.4 Grenada Smart Watches Market Revenues & Volume, By Heart Monitoring, 2021 - 2031F |
6.3.5 Grenada Smart Watches Market Revenues & Volume, By Navigation Tracking, 2021 - 2031F |
6.3.6 Grenada Smart Watches Market Revenues & Volume, By Voice-Controlled Features, 2021 - 2031F |
6.4 Grenada Smart Watches Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Smart Watches Market Revenues & Volume, By Health Tracking, 2021 - 2031F |
6.4.3 Grenada Smart Watches Market Revenues & Volume, By Digital Assistant, 2021 - 2031F |
6.4.4 Grenada Smart Watches Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.4.5 Grenada Smart Watches Market Revenues & Volume, By Outdoor Activities, 2021 - 2031F |
6.4.6 Grenada Smart Watches Market Revenues & Volume, By Fashion Wearables, 2021 - 2031F |
6.5 Grenada Smart Watches Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 Grenada Smart Watches Market Revenues & Volume, By Athletes, 2021 - 2031F |
6.5.3 Grenada Smart Watches Market Revenues & Volume, By Professionals, 2021 - 2031F |
6.5.4 Grenada Smart Watches Market Revenues & Volume, By Patients, 2021 - 2031F |
6.5.5 Grenada Smart Watches Market Revenues & Volume, By Travelers, 2021 - 2031F |
6.5.6 Grenada Smart Watches Market Revenues & Volume, By Luxury Consumers, 2021 - 2031F |
7 Grenada Smart Watches Market Import-Export Trade Statistics |
7.1 Grenada Smart Watches Market Export to Major Countries |
7.2 Grenada Smart Watches Market Imports from Major Countries |
8 Grenada Smart Watches Market Key Performance Indicators |
9 Grenada Smart Watches Market - Opportunity Assessment |
9.1 Grenada Smart Watches Market Opportunity Assessment, By Watch Type, 2021 & 2031F |
9.2 Grenada Smart Watches Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.3 Grenada Smart Watches Market Opportunity Assessment, By AI Capabilities, 2021 & 2031F |
9.4 Grenada Smart Watches Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Grenada Smart Watches Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Smart Watches Market - Competitive Landscape |
10.1 Grenada Smart Watches Market Revenue Share, By Companies, 2024 |
10.2 Grenada Smart Watches 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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