| Product Code: ETC5378559 | 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 |
Grenada`s communications equipment import market in 2024 saw significant growth with a high Herfindahl-Hirschman Index (HHI), indicating concentrated market power. The top exporting countries to Grenada were the USA, Jamaica, Saint Lucia, Barbados, and Sweden. With a remarkable Compound Annual Growth Rate (CAGR) of 16.53% from 2020 to 2024 and a notable growth rate of 26.96% from 2023 to 2024, the market is showing a strong upward trend. This data suggests a promising outlook for the communications equipment import sector 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 Communications Equipment Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Communications Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Communications Equipment Market - Industry Life Cycle |
3.4 Grenada Communications Equipment Market - Porter's Five Forces |
3.5 Grenada Communications Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Communications Equipment Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Grenada Communications Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Communications Equipment Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Grenada Communications Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced communication solutions in Grenada |
4.2.2 Government initiatives to improve communication infrastructure in the country |
4.2.3 Growing adoption of digital technologies in various sectors in Grenada |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up communication networks |
4.3.2 Limited technical expertise and skilled workforce in Grenada |
4.3.3 Regulatory challenges and compliance issues in the communications sector |
5 Grenada Communications Equipment Market Trends |
6 Grenada Communications Equipment Market Segmentations |
6.1 Grenada Communications Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Communications Equipment Market Revenues & Volume, By Optical Communication Equipment, 2021-2031F |
6.1.3 Grenada Communications Equipment Market Revenues & Volume, By Network Communication Equipment, 2021-2031F |
6.1.4 Grenada Communications Equipment Market Revenues & Volume, By Mobile Communication Device, 2021-2031F |
6.2 Grenada Communications Equipment Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Grenada Communications Equipment Market Revenues & Volume, By WANs (Wide Area Network), 2021-2031F |
6.2.3 Grenada Communications Equipment Market Revenues & Volume, By Transceiver, 2021-2031F |
6.2.4 Grenada Communications Equipment Market Revenues & Volume, By Switch, 2021-2031F |
6.2.5 Grenada Communications Equipment Market Revenues & Volume, By Routers, 2021-2031F |
6.2.6 Grenada Communications Equipment Market Revenues & Volume, By LANs (Local Area Network), 2021-2031F |
6.2.7 Grenada Communications Equipment Market Revenues & Volume, By Exchanges, 2021-2031F |
6.3 Grenada Communications Equipment Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Communications Equipment Market Revenues & Volume, By Telecom Operators, 2021-2031F |
6.3.3 Grenada Communications Equipment Market Revenues & Volume, By Data Center, 2021-2031F |
6.4 Grenada Communications Equipment Market, By End-users |
6.4.1 Overview and Analysis |
6.4.2 Grenada Communications Equipment Market Revenues & Volume, By Banking, Financial Services and Insurance (BFSI), 2021-2031F |
6.4.3 Grenada Communications Equipment Market Revenues & Volume, By Personal, 2021-2031F |
6.4.4 Grenada Communications Equipment Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.5 Grenada Communications Equipment Market Revenues & Volume, By Government, 2021-2031F |
6.4.6 Grenada Communications Equipment Market Revenues & Volume, By Enterprise, 2021-2031F |
6.4.7 Grenada Communications Equipment Market Revenues & Volume, By Energy & Utilities, 2021-2031F |
6.4.8 Grenada Communications Equipment Market Revenues & Volume, By Cloud, 2021-2031F |
6.4.9 Grenada Communications Equipment Market Revenues & Volume, By Cloud, 2021-2031F |
7 Grenada Communications Equipment Market Import-Export Trade Statistics |
7.1 Grenada Communications Equipment Market Export to Major Countries |
7.2 Grenada Communications Equipment Market Imports from Major Countries |
8 Grenada Communications Equipment Market Key Performance Indicators |
8.1 Average revenue per user (ARPU) for communication services in Grenada |
8.2 Percentage of population covered by high-speed internet connectivity |
8.3 Rate of adoption of new communication technologies in Grenada |
9 Grenada Communications Equipment Market - Opportunity Assessment |
9.1 Grenada Communications Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Communications Equipment Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Grenada Communications Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Communications Equipment Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Grenada Communications Equipment Market - Competitive Landscape |
10.1 Grenada Communications Equipment Market Revenue Share, By Companies, 2024 |
10.2 Grenada Communications Equipment 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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