Time-Sensitive Networking Market Analysis, Growth, Demand Future Forecast by 2029
Market Analysis and Insights Global Time-Sensitive Networking Market
The time-sensitive networking market is expected to witness market growth at a rate of 52.83% in the forecast period of 2022 to 2029. Data Bridge Market Research report time-sensitive networking market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in end user verticals globally is escalating the growth of time-sensitive networking market.
Time-Sensitive Networking (TSN) is basically an upgrade to IEEE Ethernet that caters to the needs of control systems using standard Ethernet. The technology is known for offering standard time synchronization and deterministic network communication via standard Ethernet. It enables enhanced interoperability and cost-cutting as it combines time-critical and best-effort data within the standard Ethernet.
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Global Time-Sensitive Networking Market Scope and Market Size
The time-sensitive networking market is segmented on the basis of component, application and standards. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of component, the time-sensitive networking market is further segmented into witches, hubs, routers, and gateways, connectors, communication interfaces, power supply devices, controllers and processors, memory, isolators and converters and others.
- Based on application, the time-sensitive networking market is divided into industrial automation, power and energy, automotive, transportation, oil and gas, aerospace and others.
- The standards segment of the time-sensitive networking market is divided into IEEE 802.1 AS, IEEE 802.1 AS-Rev, IEEE 802.1 Qbv, IEEE 802.1 Qca, IEEE 802.1 Qcc, IEEE 802.1 Qci, IEEE 802.1 Qch, IEEE 802.1 CM and IEEE 802.1 CB.
Competitive Landscape and Time-Sensitive Networking Market Share Analysis
The time-sensitive networking market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to time-sensitive networking market.
Some of the major players operating in the time-sensitive networking market report are Cisco Systems, NXP Semiconductors, Marvell Technology Group, Microsemi, Intel Corporation, Xilinx, National Instruments, Analog Devices, Inc., Broadcom, Belden Inc., Renesas Electronics Corporation., TTTechComputertechnik AG, Bosch Rexroth, B&R, Rockwell Automation, Inc., Schneider Electric, HARMAN International, and ABB, among others.
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