Global Time-Sensitive Networking Market is expected to register a Valuation of USD 1513.2 Million in 2030: MRFR

Market Research Future has published a Half - Cooked Research Report on the Global Time-Sensitive Networking Market.Overview

The global time-sensitive networking market is register USD 1513.2 Million in 2030, registering a CAGR of 36.66% 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 years

The 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 intoIEEE 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 802.1AS segment specifies the management of coordinated time during regular service as well as during the installation, loss, or breakdown of network elements, as well as network reconfiguration.  The IEEE 802.1 Qca segment provides clear route management, bandwidth and stream reservation, data flow replication (protection or restoration), and control parameter delivery for time synchronisation and scheduling. The IEEE 802.1AS-Rev segment defines the mechanism and protocols used to ensure that time-sensitive processes, such as audio, video, and time-sensitive power, are synchronised across networks. 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 802.1 CB segment identifies processes, managed objects, and protocols for bridges and end systems that provide packet recognition and replication for redundant transfer, duplicate packet identification, and duplicate packet elimination. 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.

Based 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. Time sensitive networking routers enable fast setup, seamless connectivity, and a centralized monitoring system. The Time sensitive networking controller and processors time sensitive networking enable data-driven industrial operations. The time sensitive networking communication interfaces helps to transfer data deterministically.

Based on application, the global time-sensitive networking market has been divided into industrial automation , power and energy , automotive , transportation , oil & gas , aerospace ,  and others.

Competitive Analysis

The key players of the global time-sensitive networking market areCisco Systems , Inc. ( US ),  NXP Semiconductor N.V. ( Netherlands ) , Marvell Technology Group Ltd. ( US ) , Microsemi Corporation ( US ) , Intel Corporation ( US ) , National Instruments Corporation ( US ) , Xilinx , Inc. ( US ) , Analog Devices , Inc. ( US ) , Broadcom Limited ( Singapore ) , Belden Inc. ( US ) , Renesas Electronics Corporation ( Japan ) , and TTTech Computertechnik AG ( Austria ) .

Regional Analysis

The regional analysis for the global time-sensitive networking market has been done for North America, Europe, Asia-Pacific, and the Middle East & Africa, and South America. The market in North America accounted for the largest market share in 2019, and it is expected to register strong growth during the forecast period. The market in Asia-Pacific is expected to register the highest CAGR during the forecast period. This growth can be attributed to the growing adoption of time-sensitive networking solutions among the various verticals.