New York, According to a new market research report published by Global Insight Services “Time-sensitive Networking Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Time-sensitive networking (TSN) is a set of technologies that are used to improve the synchronization and deterministic communication in industrial networks. TSN is based on IEEE 802.1AS, which defines a new kind of Ethernet that supports precise timing and synchronization. TSN allows for the creation of networks that are much more deterministic and responsive than traditional Ethernet networks. This makes TSN ideal for applications that require low latency and high reliability, such as factory automation, automotive, and aerospace.
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Key Trends
There are three key trends in Time-sensitive Networking technology:
1. The move to Ethernet: The first trend is the move from proprietary networks to Ethernet. This is being driven by the need for higher bandwidth and the desire to take advantage of the economies of scale that Ethernet offers.
2. The need for more accurate timing: The second trend is the need for more accurate timing. This is being driven by the increasing use of time-sensitive applications such as voice over IP and video conferencing.
3. The rise of software-defined networking: The third trend is the rise of software-defined networking. This is being driven by the need for greater flexibility and the desire to take advantage of the benefits of virtualization.
Key Drivers
The key drivers of Time-sensitive Networking market are flexibility, scalability, and low latency. These features allow Time-sensitive Networking to be used in a variety of applications, including video and audio streaming, gaming, and virtual reality. Time-sensitive Networking is also becoming increasingly popular as a means of connecting devices in the Internet of Things.
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Key Market Segments
By Component
- Switches
- Hubs, Routers, & Gateways
- Connectors
- Power Supply Devices
- Controllers & Processors
- Memory
- Others
Key Companies
Top key players in Time-sensitive Networking Market are Belden Inc., Cisco Systems, Inc., Intel Corporation, National Instruments Corporation, Marvell Technology Group Ltd, NXP Semiconductors N.V., Microchip Technology Incorporated, Analog Devices, Inc., Broadcom Inc., and Advanced Micro Devices, Inc.
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Reasons to buy Time-sensitive Networking Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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