| Product Code: ETC7369780 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada saw a substantial increase in enterprise routers import shipments, with the top exporting countries being the USA, Jamaica, Saint Lucia, Barbados, and Sweden. The market remained highly concentrated with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 16.53%, indicating a thriving market. Furthermore, the growth rate from 2023 to 2024 spiked by 26.96%, showcasing strong momentum in the import of enterprise 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 Enterprise Routers Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Enterprise Routers Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Enterprise Routers Market - Industry Life Cycle |
3.4 Grenada Enterprise Routers Market - Porter's Five Forces |
3.5 Grenada Enterprise Routers Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.6 Grenada Enterprise Routers Market Revenues & Volume Share, By Type of Port, 2021 & 2031F |
3.7 Grenada Enterprise Routers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 Grenada Enterprise Routers Market Revenues & Volume Share, By End user, 2021 & 2031F |
4 Grenada Enterprise Routers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for high-speed internet connectivity in Grenada |
4.2.2 Increasing adoption of cloud-based services by businesses in Grenada |
4.2.3 Government initiatives to promote digitalization and connectivity in the country |
4.3 Market Restraints |
4.3.1 High initial investment cost for enterprise routers |
4.3.2 Limited technical expertise in managing and maintaining enterprise router systems in Grenada |
5 Grenada Enterprise Routers Market Trends |
6 Grenada Enterprise Routers Market, By Types |
6.1 Grenada Enterprise Routers Market, By Connectivity |
6.1.1 Overview and Analysis |
6.1.2 Grenada Enterprise Routers Market Revenues & Volume, By Connectivity, 2021- 2031F |
6.1.3 Grenada Enterprise Routers Market Revenues & Volume, By Wired, 2021- 2031F |
6.1.4 Grenada Enterprise Routers Market Revenues & Volume, By Wireless, 2021- 2031F |
6.2 Grenada Enterprise Routers Market, By Type of Port |
6.2.1 Overview and Analysis |
6.2.2 Grenada Enterprise Routers Market Revenues & Volume, By Fixed Port, 2021- 2031F |
6.2.3 Grenada Enterprise Routers Market Revenues & Volume, By Modular, 2021- 2031F |
6.3 Grenada Enterprise Routers Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Enterprise Routers Market Revenues & Volume, By Core Routers, 2021- 2031F |
6.3.3 Grenada Enterprise Routers Market Revenues & Volume, By Multi-Services Edge, 2021- 2031F |
6.3.4 Grenada Enterprise Routers Market Revenues & Volume, By Access Router, 2021- 2031F |
6.4 Grenada Enterprise Routers Market, By End user |
6.4.1 Overview and Analysis |
6.4.2 Grenada Enterprise Routers Market Revenues & Volume, By BFSI, 2021- 2031F |
6.4.3 Grenada Enterprise Routers Market Revenues & Volume, By IT & Telecom, 2021- 2031F |
6.4.4 Grenada Enterprise Routers Market Revenues & Volume, By Healthcae, 2021- 2031F |
6.4.5 Grenada Enterprise Routers Market Revenues & Volume, By Retail and Manufacturing, 2021- 2031F |
7 Grenada Enterprise Routers Market Import-Export Trade Statistics |
7.1 Grenada Enterprise Routers Market Export to Major Countries |
7.2 Grenada Enterprise Routers Market Imports from Major Countries |
8 Grenada Enterprise Routers Market Key Performance Indicators |
8.1 Average internet speed in Grenada |
8.2 Number of businesses adopting cloud-based services in Grenada |
8.3 Government spending on digital infrastructure development in Grenada |
9 Grenada Enterprise Routers Market - Opportunity Assessment |
9.1 Grenada Enterprise Routers Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.2 Grenada Enterprise Routers Market Opportunity Assessment, By Type of Port, 2021 & 2031F |
9.3 Grenada Enterprise Routers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.4 Grenada Enterprise Routers Market Opportunity Assessment, By End user, 2021 & 2031F |
10 Grenada Enterprise Routers Market - Competitive Landscape |
10.1 Grenada Enterprise Routers Market Revenue Share, By Companies, 2024 |
10.2 Grenada Enterprise Routers 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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