Claim your 30% discount on Global Market Reports with code ONLINE30. Limited time only.

How Has the Time-Sensitive Networking (TSN) Market Size Changed, over the years?

Over the past few years, the market size of time-sensitive networking (TSN) has witnessed significant expansion. It is projected to increase from $0.65 billion in 2024 to $0.82 billion in 2025, with a compound annual growth rate (CAGR) of 26.5%. Factors such as a rise in data traffic, increased computational capabilities, the need for superior network infrastructure, growing requirement for advanced connectivity and real-time communication in automobiles, and the rising demands of industrial automation have all contributed to this growth in the historical period.

How Much Will the Time-Sensitive Networking (TSN) Market Be Worth in 2029?

In the upcoming years, it is predicted that there will be a significant rise in the market size of time-sensitive networking (TSN), expanding to $2.08 billion by 2029 with a compound annual growth rate (CAGR) of 26.2%. Such impressive growth during the forecasted period is mainly due to several factors such as increasing demand for industrial 4.0, industrial internet of things, the growing need for deterministic communication, escalating demand in automotive and aerospace sectors. Innovative hardware and software components, advanced switches and controllers, sophisticated sensors, cutting-edge networking technologies, and technological advancements are among the major trends expected to emerge during this forecast period.

Download The Free Sample Report Here:

https://www.thebusinessresearchcompany.com/sample.aspx?id=19225&type=smp

Which is the Largest Company in the Time-Sensitive Networking (TSN) Market?

Major companies operating in the time-sensitive networking (TSN) market are Mitsubishi Electric Corporation, Siemens AG , Intel Corporation, Cisco Systems Inc., Broadcom Limited, Nokia Corporation Inc., Texas Instruments Inc., Emerson Electric Co., NXP Semiconductors, Analog Devices Inc., Renesas Electronics Corporation, Microchip Technology Inc., Marvell Technology Group Ltd., Mouser Electronics Inc., Belden Inc., Advantech Co. Ltd., Microsemi Corporation, Spirent Communications PLC, TTTech Computertechnik AG, HMS Networks AB

What Are the Main Market Drivers in the Time-Sensitive Networking (TSN) Industry?

The escalating need for the Industrial Internet of Things (IIoT) is foreseen to drive the expansion of the time-sensitive networking (TSN) market in the future. The IIoT involves the integration of connected devices, sensors, and machinery into industrial systems and processes, facilitating instantaneous data gathering, surveillance, and control across various industrial sectors such as manufacturing, energy, and transportation. The growth in demand for IIoT is credited to industries aiming to boost operational efficiency, minimize downtime via predictive maintenance, enhance safety, and acquire immediate insights into production processes. Time-sensitive networking (TSN) is a key component in the IIoT as it allows real-time interaction amongst devices within industrial networks. TSN guarantees the dependable and predictable transmission of time-critical data, which is crucial for industrial automation, robotics, and intelligent manufacturing systems. For example, IOT Analytics, a Germany-based enterprise contributing knowledge on the IoT sector, reported that in June 2024, mobile operators around the world amassed $15 billion from 3.56 billion cellular IoT connections. They predict the global cellular IoT market to experience an 18% compound annual growth rate (CAGR) between 2024 and 2030, stimulated by 5G and 5G RedCap. Thus, the escalating demand for the industrial internet of things is fuelling the expansion of the time-sensitive networking (TSN) market.

Request For A Customized Report:

https://www.thebusinessresearchcompany.com/customise?id=19225&type=smp

How Is the Time-Sensitive Networking (TSN) Market Segments Structured?

The time-sensitive networking (TSN) market covered in this report is segmented –

1) By Type: IEEE 802.1 AS, IEEE 8021 Qbv, IEEE 802.1 CB, IEEE 8021 Qbu, IEEE 8021 Qc, Other Types

2) By Component: Controllers And Processors, Power Supply Devices, Connectors, Memory, Switches, Hubs , Routers And Gateways

3) By Application: Industrial Automation, Power And Energy, Automotive And Transportation, Oil And Gas, Aerospace, Other Applications

Subsegments:

1) By IEEE 802.1 AS: Timing And Synchronization For Time-Sensitive Applications, Network Time Protocol (NTP) Support

2) By IEEE 802.1 Qbv: Time-Aware Queuing, Scheduled Traffic Control

3) By IEEE 802.1 CB: Frame Replication And Elimination, Redundant Stream Handling

4) By IEEE 802.1 Qbu: Priority-Based Flow Control, Enhanced Frame Handling

5)By IEEE 802.1 Qc: Stream Reservation Protocol (SRP), Resource Reservation For Time-Sensitive Traffic

6) By Other Types: Custom TSN Solutions, Industry-Specific TSN Protocols

What are the Emerging Market Trends Driving the Growth of the Time-Sensitive Networking (TSN) Industry?

Key players in the time-sensitive networking (TSN) market are focusing on innovation, developing products like advanced switching solutions, to satisfy the increasing demand for reliable, timely communication in the industrial sector. Switching solutions for time-sensitive networking (TSN) denote network switches meant to manage and channel time-critical data streams across Ethernet networks, thereby ensuring deterministic and real-time communication. These switches give priority to time-critical traffic, minimize delays and fluctuations in data transmission timings, and facilitate efficient, real-time execution. For example, Microchip Technology Incorporated, a semiconductor firm from the United States, introduced LAN9668, a series of time-sensitive networking (TSN) ethernet switches in January 2022. These switches cater to the industrial automation applications through a single network structure. They allow for data traffic flow with less latency and enhanced clock accuracy, making them a reliable choice for contemporary industrial automation needs. The LAN9668 series facilitates converging network structures for industrial automation, which enables developers to boost product efficiency in existing networks and venture into fresh markets.

Access The Full Report Here:

https://www.thebusinessresearchcompany.com/report/time-sensitive-networking-tsn-global-market-report

Which Global Regions Offer the Highest Growth in the Time-Sensitive Networking (TSN) Market?

North America was the largest region in the time-sensitive networking (TSN) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the time-sensitive networking (TSN) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase The Full Report Today:

https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=19225

This Report Delivers Insight On:

1. How big is the time-sensitive networking (tsn) market, and how is it changing globally?

2. Who are the major companies in the time-sensitive networking (tsn) market, and how are they performing?

3. What are the key opportunities and risks in the time-sensitive networking (tsn) market right now?

4. Which products or customer segments are growing the most in the time-sensitive networking (tsn) market?

5. What factors are helping or slowing down the growth of the time-sensitive networking (tsn) market?

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Get in touch with us:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 310-496-7795

Europe +44 7882 955267

Asia & Others +44 7882 955267 & +91 8897263534

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model