The global time-sensitive networking market was valued at USD 0.2 billion in 2023 and is estimated to reach USD 1.7 billion by 2028, registering a CAGR of 58.3% during the forecast period.
The increasing demand for automation in industrial applications is driving the growth of the time-sensitive networking market. Automation has become a key enabler for industries seeking to increase productivity, efficiency, and safety. The use of TSN in industrial automation applications can help to optimize production processes, minimize downtime, and reduce maintenance costs. Additionally, The rapid digitization of industrial processes has been a driving force behind the growth of the time-sensitive networking (TSN) market.
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Opportunity: Emergence of 5G technology
The emergence of 5G technology is a significant opportunity for the time-sensitive networking market. 5G networks are designed to provide ultra-low latency, high reliability, and high bandwidth capabilities, which are essential for many TSN applications, such as autonomous vehicles, industrial automation, and real-time communication. One of the primary advantages of 5G technology is that it enables a higher degree of flexibility and scalability for TSN networks. With 5G, it is possible to establish a highly reliable and low-latency wireless connection between devices, eliminating the need for physical connections. This allows for greater mobility and flexibility in TSN applications, such as industrial automation and robotics.
Challenge: High complexity designing, maintaining and implementing TSN networks
Time-sensitive networking (TSN) presents a challenge in the market due to its intricate network systems that demand specific technical requirements for ensuring prompt and predictable delivery of data packets. Designing, maintaining, and implementing TSN networks becomes complex, posing a significant hurdle. Comprehensive knowledge of TSN standards and protocols is necessary for successful implementation, encompassing aspects such as timing and synchronization, traffic shaping, stream reservation, fault tolerance, and redundancy. Additionally, the design process involves integrating diverse applications and devices with varying configurations, capabilities, and vendor-specific protocols. Consequently, the complexity involved raises costs and time constraints, making it particularly difficult for smaller companies and industries to engage with TSN networks.
Key Market Players
The time-sensitive networking companies is dominated by a few globally established players such as Belden Inc (US), Cisco Systems Inc. (US), Texas Instruments Incorporated (US), Siemens (Germany), Marvell Technology Group Ltd. (US), NXP Semiconductor N.V. (Netherlands), Microchip Technology Inc. (US), Analog Devices, Inc., (US), Broadcom Inc. (US), Renesas Electronics Corporation (US).
Time-Sensitive Networking Market Insights 2019, Global and Chinese Scenario is a professional and in-depth study on the current state of the global Time-Sensitive Networking industry with a focus on the Chinese market.
The report provides key statistics on the market status of the Time-Sensitive Networking manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Overall, the report provides an in-depth insight of 2014–2024 global and Chinese Time-Sensitive Networking market covering all important parameters.The key points of the report:Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-timesensitive-networking-2019-2024-4431.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.2.The report explores the international and Chinese major industry players in detail.
In this part, the report presents the company profile, product specifications, capacity, production value, and 2014–2019 market shares for each company.3.Through the statistical analysis, the report depicts the global and Chinese total market of Time-Sensitive Networking industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.5.The report then estimates 2019–2024 market development trends of Time-Sensitive Networking industry.
Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out.6.The report makes some important proposals for a new project of Time-Sensitive Networking Industry before evaluating its feasibility.There are 3 key segments covered in this report: competitor segment, product type segment, end use/application segment.For competitor segment, the report includes global key players of Time-Sensitive Networking as well as some small players.
At least 10 companies are included:* Cisco Systems* NXP Semiconductors* Marvell Technology Group* Microsemi Corporation* Intel Corporation* National Instruments CorporationFor complete companies list, please ask for sample pages.The information for each competitor includes:* Company Profile* Main Business Information* SWOT Analysis* Sales, Revenue, Price and Gross Margin* Market ShareFor product type segment, this report listed main product type of Time-Sensitive Networking market in gloabal and china.
* Switches* Hubs* Routers* Gateways* MemoryFor end use/application segment, this report focuses on the status and outlook for key applications.
OverviewThe global time-sensitive networking market is register USD ~79.9 million in 2020, registering a CAGR of ~53.87% during the forecast period.
In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse into the coming yearsThe global time-sensitive networking market has been segmented based on technology, component, applications, deployment mode, organization size, vertical, and region.Based on types of standards , the global time-sensitive networking market has been divided into IEEE 802.1AS , IEEE 802.1 Qca , IEEE 802.1AS-Rev , IEEE 802.1Qbv , IEEE 802.1 Qci , IEEE 802.1 CB , IEEE 802.1 Qcc , IEEE 802.1Qch , and IEEE 802.1 CM .
The IEEE 802.1Qbv segment describes time-aware queue-draining methods, managed objects, and extensions to existing protocols that allow bridges and end stations to arrange frame transmission based on IEEE Std 802.1AS timing.
The IEEE 802.1 Qci segment defines procedures and controlled objects for a bridge to use to perform frame numbering, scanning, policing, and service type collection for a frame dependent on the data stream to which the frame belongs, as well as a coordinated cyclic time schedule.
The IEEE 802.1Qch segment defines coordinated cyclic enqueuing and queue draining processes, controlled artefacts, and extensions to existing protocols that enable bridges and end stations to synchronize frame transmission with zero congestion loss and deterministic latency.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/10524Based on component , the global time-sensitive networking market has been divided into switches , hubs , routers , and gateways , controller and processors , isolators and convertors , connectors , communication interfaces , power supply devices , memory , and others .
Time sensitive networking switches enables modern technologies and helps satisfy new demands by cost-effectively scaling network bandwidth to connect more locations.
OverviewThe global time-sensitive networking market is register USD ~79.9 million in 2020, registering a CAGR of ~53.87% during the forecast period.
In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse into the coming yearsThe global time-sensitive networking market has been segmented based on technology, component, applications, deployment mode, organization size, vertical, and region.Based on types of standards , the global time-sensitive networking market has been divided into IEEE 802.1AS , IEEE 802.1 Qca , IEEE 802.1AS-Rev , IEEE 802.1Qbv , IEEE 802.1 Qci , IEEE 802.1 CB , IEEE 802.1 Qcc , IEEE 802.1Qch , and IEEE 802.1 CM .
The IEEE 802.1Qbv segment describes time-aware queue-draining methods, managed objects, and extensions to existing protocols that allow bridges and end stations to arrange frame transmission based on IEEE Std 802.1AS timing.
The IEEE 802.1 Qci segment defines procedures and controlled objects for a bridge to use to perform frame numbering, scanning, policing, and service type collection for a frame dependent on the data stream to which the frame belongs, as well as a coordinated cyclic time schedule.
The IEEE 802.1Qch segment defines coordinated cyclic enqueuing and queue draining processes, controlled artefacts, and extensions to existing protocols that enable bridges and end stations to synchronize frame transmission with zero congestion loss and deterministic latency.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/10524Based on component , the global time-sensitive networking market has been divided into switches , hubs , routers , and gateways , controller and processors , isolators and convertors , connectors , communication interfaces , power supply devices , memory , and others .
Time sensitive networking switches enables modern technologies and helps satisfy new demands by cost-effectively scaling network bandwidth to connect more locations.
The Global Time-Sensitive Networking Market 2020-2026 complete Report achieved by Industry and Research, on Time-Sensitive Networking Market which gives a superior comprehension of the current market size, scenery, evolution, position and Growth Opportunities from 2020 to 2026.
The analysis is a blend of qualitative and quantitative Market information assemble and approved significantly through essential information and subordinate sources.
The advancement procedures received by the key market players are enrolled to comprehend the competitive situation of the Time-Sensitive Networking industry.
It contemplates the newest improvements in the market while assessing the expansion of significant market players.
The measurements are spoken to in graphical configuration for an unmistakable comprehension of statistical data points.Global Time-Sensitive Networking Market is abbreviated as Follows-By Types:Application Load and TestingApplication Management and MonitoringCloud IntegrationDisaster RecoveryProfessional ServicesManaged ServicesBy Applications:Banking, Financial Services, InsuranceConsumer Goods and RetailGovernment and Public SectorHealthcareManufacturingTelecommunication and ITTravel and HospitalityOthersThe created report is immovably founded on essential research, interviews with top executives, news sources and data insiders.
Auxiliary research strategies are actualized for better understanding and clearness for information analysis.Geographically, global Time-Sensitive Networking market report offers segment research and export and import status, require status, production volume, including regions such as North America, South America, Europe, China, Japan, India, The Middle East & Africa, Others.Regional Or Country Level Customization : https://www.futuristicreports.com/customize-request/66509The Global Time-Sensitive Networking industry Analysis and Forecast 2020–2026 helps the customers with modified and syndicated reports holding a key significance for experts involving information and market analytics.
The increasing adoption of Industrial IoT and Industry 4.0 and increasing need for real-time communication for various applications are the major drivers for the TSN market.According to research report Time-Sensitive Networking Market is segmented by Component (Switches, Hubs, Routers, and Gateways, and Memory), Application (Industrial Automation, Power and Energy, Automotive, Transportation, Oil & Gas, Aerospace), and Geography - Global Forecast to 2024.Browse 32 Market Data Tables and 43 Figures spread through 141 Pages and in-depth TOC on "Time-Sensitive Networking Market - Global Forecast to 2024"Download FREE PDF Copy:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=215000493Switches expected to hold a major share of the TSN market during the forecast periodSwitches are expected to lead the time-sensitive networking (TSN) market in 2019.
The use of switches has been increasing to build a wider industrial network.
Recently in April 2017, Broadcom Limited (Singapore) introduced a family of Ethernet switches (BCM53570) that supports TSN.
Industrial automation application is important for TSN because of the increasing interest in the industrial IoT (IIoT) and its related data, specifically, the mission-critical, time-sensitive data that must be transferred and shared within strict bounds of latency and reliability.
Hence, TSN is expected to provide ample of opportunities for industrial automation application.
TSN is used in industrial automation application for various segments such as machine-to-machine communication and motion control applications.
