| Product Code: ETC10460518 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Grenada experienced a significant increase in wireless module import shipments in 2024, with top exporting countries including the USA, Jamaica, Saint Lucia, Barbados, and Sweden. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 16.53% from 2020 to 2024 reflects strong overall growth. Furthermore, the growth rate of 26.96% from 2023 to 2024 indicates a rapid acceleration in import volumes, showcasing a thriving market for wireless modules 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 Wireless Module Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Wireless Module Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Wireless Module Market - Industry Life Cycle |
3.4 Grenada Wireless Module Market - Porter's Five Forces |
3.5 Grenada Wireless Module Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Wireless Module Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for Internet of Things (IoT) devices and applications driving the need for wireless connectivity solutions. |
4.2.2 Advancements in technology leading to the development of more efficient and high-performance wireless modules. |
4.2.3 Growing adoption of smart home devices, wearables, and industrial automation driving the demand for wireless modules. |
4.3 Market Restraints |
4.3.1 Concerns regarding data security and privacy hindering the widespread adoption of wireless modules. |
4.3.2 High initial costs associated with implementing wireless modules in various devices. |
4.3.3 Limited standardization in the wireless module market leading to compatibility issues and interoperability challenges. |
5 Grenada Wireless Module Market Trends |
6 Grenada Wireless Module Market, By Types |
6.1 Grenada Wireless Module Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Wireless Module Market Revenues & Volume, By Application, 2021 - 2031F |
6.1.3 Grenada Wireless Module Market Revenues & Volume, By Smart Appliances, 2021 - 2031F |
6.1.4 Grenada Wireless Module Market Revenues & Volume, By Handheld Mobile Devices, 2021 - 2031F |
6.1.5 Grenada Wireless Module Market Revenues & Volume, By Medical and Industrial Testing, 2021 - 2031F |
6.1.6 Grenada Wireless Module Market Revenues & Volume, By IoT Devices and Sensors, 2021 - 2031F |
6.1.7 Grenada Wireless Module Market Revenues & Volume, By Others, 2021 - 2031F |
7 Grenada Wireless Module Market Import-Export Trade Statistics |
7.1 Grenada Wireless Module Market Export to Major Countries |
7.2 Grenada Wireless Module Market Imports from Major Countries |
8 Grenada Wireless Module Market Key Performance Indicators |
8.1 Average data transfer speed of wireless modules in Grenada. |
8.2 Number of new IoT device launches integrating wireless modules in the Grenadian market. |
8.3 Percentage increase in the adoption of wireless modules in different industry verticals in Grenada. |
9 Grenada Wireless Module Market - Opportunity Assessment |
9.1 Grenada Wireless Module Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Wireless Module Market - Competitive Landscape |
10.1 Grenada Wireless Module Market Revenue Share, By Companies, 2024 |
10.2 Grenada Wireless Module 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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