| Product Code: ETC7383940 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada continues to see a strong demand for Wi-Fi routers, with top exporting countries in 2024 being the USA, Jamaica, Saint Lucia, Barbados, and Sweden. The high Herfindahl-Hirschman Index (HHI) suggests a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 16.53% from 2020-2024 indicates sustained growth. Furthermore, the notable growth rate of 26.96% from 2023-2024 highlights a significant uptick in imports, reflecting a thriving market for Wi-Fi routers 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 Wi-Fi Router Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Wi-Fi Router Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Wi-Fi Router Market - Industry Life Cycle |
3.4 Grenada Wi-Fi Router Market - Porter's Five Forces |
3.5 Grenada Wi-Fi Router Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Wi-Fi Router Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Wi-Fi Router 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 smart home devices and IoT technology |
4.2.3 Government initiatives to improve digital infrastructure in the country |
4.3 Market Restraints |
4.3.1 Limited access to reliable and high-speed internet in some areas of Grenada |
4.3.2 High initial cost associated with purchasing Wi-Fi routers |
4.3.3 Competition from alternative technologies like mobile data and satellite internet services |
5 Grenada Wi-Fi Router Market Trends |
6 Grenada Wi-Fi Router Market, By Types |
6.1 Grenada Wi-Fi Router Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Wi-Fi Router Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Wi-Fi Router Market Revenues & Volume, By Fixed Wi-Fi Router, 2021- 2031F |
6.1.4 Grenada Wi-Fi Router Market Revenues & Volume, By Mobile Wi-Fi Router, 2021- 2031F |
6.2 Grenada Wi-Fi Router Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Wi-Fi Router Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Grenada Wi-Fi Router Market Revenues & Volume, By Commercial, 2021- 2031F |
7 Grenada Wi-Fi Router Market Import-Export Trade Statistics |
7.1 Grenada Wi-Fi Router Market Export to Major Countries |
7.2 Grenada Wi-Fi Router Market Imports from Major Countries |
8 Grenada Wi-Fi Router Market Key Performance Indicators |
8.1 Average internet speed in Grenada |
8.2 Number of smart home devices per household in Grenada |
8.3 Percentage of population covered by high-speed internet services |
9 Grenada Wi-Fi Router Market - Opportunity Assessment |
9.1 Grenada Wi-Fi Router Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Wi-Fi Router Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Wi-Fi Router Market - Competitive Landscape |
10.1 Grenada Wi-Fi Router Market Revenue Share, By Companies, 2024 |
10.2 Grenada Wi-Fi Router 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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