Time sensitive networking Market Size was valued at USD 120 Million in 2022. The Time sensitive networking market is projected to grow from USD 170 Million in 2023 to USD 1513.2 Million by 2030, exhibiting a compound annual growth rate (CAGR) of 36.66% during the forecast period (2024 - 2032). Increasing deployment of hyperautomation, focus on digital transformation and focus on time sensitive information boost the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Increasing deployment of hyperautomation drives market growth
Time-Sensitive Networking (TSN) is a technology that enables deterministic, low-latency communication over Ethernet networks. It is increasingly being used in industrial automation, automotive, and other industries where real-time communication is critical.
Hyperautomation refers to the integration of automation technologies such as artificial intelligence, machine learning, and robotic process automation to automate business processes. Hyperautomation is becoming increasingly popular as organizations seek to improve efficiency and reduce costs.
The growth of hyperautomation is likely to drive the adoption of TSN in several ways. For example, TSN can enable real-time communication between machines and systems, allowing them to work together more efficiently and effectively. This can help organizations to automate their processes more fully and optimize their operations.
Additionally, TSN can provide the high-speed, low-latency communication that is required for many hyperautomation applications. For example, in a smart factory, TSN can be used to ensure that robots, machines, and other systems can communicate with each other in real-time to coordinate their actions.
Overall, the growth of hyperautomation is likely to drive the adoption of TSN in several industries, including manufacturing, automotive, and healthcare. As organizations seek to improve their operations through automation, they will increasingly turn to TSN to provide the real-time communication capabilities required for hyperautomation.
Figure 1: Hyperautomation Market
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Based on product type, the time-sensitive networking market is segmented into 802.1AS, and 802.1Qbv. The 802.1AS segment accounted for the largest share of this market and is also expected to grow at a CAGR of more than 36% in the forecast period. Support for multiple time domains, two timescales (precision time protocol and arbitrary), and optional one-step and two-step support are all added in 802.1AS-Rev. The underlying hardware must offer time stamping of sent and received packets as close to the wire as is practical. For one-step delay reporting, the hardware additionally has to be able to insert a timestamp into the packet as it is being transmitted. Thus, during the projection period, these advantages are expected to accelerate market growth.
TSN aids in the collection of real-time data to do analytics, increase system productivity, and produce insights that can be put into practice. Deterministic real-time communication over Ethernet is thus provided by TSN. Future Ethernet communication would have quantifiable end-to-end latencies, tightly constrained latency swings, and extremely low packet loss thanks to the advance of multiple standards.
Figure 2: Time Sensitive Networking Market, by Product Type, 2022 & 2030 (USD Million)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Real-time networking is becoming more and more necessary for a variety of jobs. Time-sensitive networking enables real-time communication across Ethernet. In other terms, "time-sensitive networking" refers to a group of IEEE 802 Ethernet sub-standards. When many devices are connected via the Industrial Internet of Things and the Industry 4.0 revolution, the market for time-sensitive networking is making significant strides in next-generation technology with applications like motion control.
February 2023:One of the major issues with the new 6G networks, predictable end-to-end connections between users, processes, and digital representations in the cyber world, has been addressed by the world leader in mobile communication technologies, Ericsson, in collaboration with KTH Royal Institute of Technology in Sweden and eight other partners.
February 2023:VIAVI introduces Near Real-Time Network Ecosystem Discovery on the ServiceNow Marketplace. The platform for the ServiceNOW Telecommunications Network Inventory is integrated using a Verified Service Graph Connector. The purchase of CanGo Networks by VIAVI is the foundation of this approach.
Based on component type, the time-sensitive networking market segmentation includes switches, isolators, and converters. The switches segment dominates this market and is also estimated to witness growth at a CAGR of xxxx% in the upcoming years. Moreover, TSN switches are expected to have strong growth due to the increasing adoption of automation in the manufacturing sector. TSN switches are expected to be in demand throughout the forecast period as industry 4.0 and the Internet of Things become more popular as crucial technologies for industrial automation motion control systems that require widely dispersed networked devices.
Furthermore, IEEE TSN includes the concept of time and defines layer-2 capabilities and LAN-level switching. The software interface for customizing these hardware features is not mentioned, though. As a result, management software for a vendor A to vendor B move will need to employ two APIs—one for vendor A and one for vendor B. The idea of delay in data-path software, as well as its variation or jitter, is a second topic beyond the scope of IEEE specifications.
The market for time-sensitive networking is driven by the expansion of industrial IoT and Industry 4.0 solutions as well as the rising demand for real-time networking for several applications. Yet, the market's expansion is hampered by TSN standards' inability to offer specialized solutions. Increased test bed activity and growing interest in TSN in automotive applications present a significant market opportunity.
Based on application type, the time-sensitive networking market is segmented into Industrial Automation, Power, and Energy. The automation industries segment holds most of the market share and is also anticipated to grow at a CAGR of xxxx% in the upcoming years. TSN has a ton of room to grow in the building automation and automotive sectors in the future. It is anticipated that the market for embedded TSN solutions would expand considerably more quickly than the market for industrial Ethernet systems today. This is since TSN's scalability over prior industrial Ethernet systems is one of its most important technical advantages. TSN is unlike modern industrial networks in that it is not intended for a certain transmission rate.
Time-sensitive networking solutions are managed centrally, provide delivery assurances, and reduce jitter by leveraging time scheduling for real-time applications that demand determinism. It can carry the payload of any industrial application and provides a suitable environment thanks to the payload flexibility of the Ethernet architecture and the ability of the TSN bridges to make forwarding decisions. To link the various devices for data streams with real-time needs, the time-sensitive networking solutions use the TSN components known as TSN flow, end devices, bridges, a central network controller, and centralized user configuration.
It is now simple to access crucial control applications, including robot control, drive control, IO, and vision systems. Hence, the market for time-sensitive networking is becoming more in demand as industrial automation is being adopted by more industries. Also, the growing use of smart devices and the need for real-time sensitive networking to deliver high data transfer rates with deterministic Ethernet have prompted key firms to incorporate these techniques into their current goods and services. The industry for networking services that require quick response times have benefited from this.
By region, this market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. The North American region dominates this market with significant growth at a CAGR of xxxx%. Due to recent growth in the area, it is a significant market for the rapidly expanding demand for automation controllers that can handle multiple workloads at once, including video streams and traffic control. This makes it possible to integrate deep learning capabilities into a single machine that can communicate in real time with other controllers connected to the factory's network. Its expansion is related to the growing use of robotics and industrial automation technology. Also, this region is home to important rising nations like Canada, the US, and Mexico, which provide the industry with significant room for expansion.
However, the Asia-Pacific region is estimated to grow at a CAGR of XXXX% during the forecast period. On the other hand, the expansion of software development and machine learning across a variety of industries in Asia Pacific's developing nations is projected to make this region the one with the quickest rate of expansion in the time-sensitive networking market over the projection period.
Figure 3: Time Sensitive Networking Market, by Region Type, 2022 & 2030 (USD Million)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Moreover, the Asia-Pacific region's market for time-sensitive networking, which is divided into China, Japan, India, and the rest of Asia-Pacific, is anticipated to expand at the fastest rate during the forecast period.
Major players in the big data-as-a-service market, including Cisco Systems, Inc., NXP Semiconductor N.V., Marvell Technology Group Ltd., Microsemi Corporation, Intel Corporation, National Instruments Corporation, Xilinx, Inc., Analog Devices, Inc., Broadcom Limited, Belden Inc., Renesas Electronics Corporation, and TTTech Computertechnik AG, among others, are focusing on developing their business strategies.
Some major players are focusing on developing new business strategies such as mergers and acquisitions, which would help these key players, make good growth across the globe.
Cisco Systems, Inc.
NXP Semiconductor N.V.
Marvell Technology Group Ltd.
National Instruments Corporation
Xilinx, Inc.
Analog Devices, Inc.
Broadcom Limited
Renesas Electronics Corporation
TTTech Computertechnik AG
AWS
The Schwartz Center
Viavi Solutions
January 2024
The LAN9694, LAN9696, and LAN9698 are three new Ethernet switches that Microchip has introduced aimed for industrial applications.
For higher dependability, the new Ethernet switches have two distinct redundancy protocols, time-sensitive networking (TSN), and expandable bandwidths.
These three switches vary mostly in their overall bandwidth capacity; the LAN9698 is a 102 G Ethernet switch, the LAN9696 and LAN9694 are 66 G and 46 G, respectively.
Because they employ redundancy strategies for higher dependability along with deterministic communication and time-sensitive networking (TSN) technologies, Microchip built the LAN969x devices for industrial automation.
IEEE 802.1Q standard TSN provides predictable, timely Ethernet communication by use of a time-scheduling mechanism. End devices that run client applications and bridge devices, which are Ethernet switches like the LAN969x, are the two primary categories of devices in a TSN system, said Cisco.
TSN finds the actual network topology and ascertains whether a user-defined time schedule for Ethernet frame transmission is possible by using a central network controller (CNC) software operating on a bridge device. In such case, TSN-Ethernet frames are sent between devices in a TSN flow, which has to adhere to tight deadlines. Best-effort transmission of non-TSN frames is made.
High-availability seamless redundancy (HSR) and parallel redundancy protocol (PRP) are the two other redundancy protocols for which the LAN969x series may be configured.
Sending duplicate Ethernet packets over two separate, opposite-direction routes from a source node to a destination node is the basis of the cost-effective redundancy protocol HSR. Of the duplicate frames it gets, the destination node accepts the first one. We call the destination nodes double attached nodes (DANH). Connecting the ring to outside, non-DANH devices like a PC needs a redundancy box.
Frame duplication makes sure the target node will still get the frame in the event that one route fails. Any single network component failure is instantly recovered from by the HSR protocol.
Time sensitive networking Market Segmentation
802.1AS
802.1Qbv
Others
Switches
Isolators
Converters
Others
Industrial Automation
Power and Energy
Others
Asia-Pacific
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Rest of the World
Middle East
Africa
Latin America
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 120 Million |
| Market Size 2023 | USD 170 Million |
| Market Size 2030 | USD 1513.2 Million |
| Compound Annual Growth Rate (CAGR) | 36.66% (2023-2030) |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020 & 2022 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Product Type, Component Type, Application Type, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Cisco Systems, Inc., NXP Semiconductor N.V., Marvell Technology Group Ltd., Microsemi Corporation, Intel Corporation, National Instruments Corporation, Xilinx, Inc., Analog Devices, Inc., Broadcom Limited, Belden Inc., Renesas Electronics Corporation, and TTTech Computertechnik AG |
| Key Market Opportunities | Increasing government support |
| Key Market Dynamics | Increasing deployment of hyperautomation Focus on digital transformation. Focus on time sensitive information |
Frequently Asked Questions (FAQ) :
The market for Time sensitive networking was USD 120 Million in 2022.
The Time sensitive networking market is expected to be USD 1513.2 Million in 2030.
The growth rate for the Time sensitive networking market is 36.66% through the forecast period.
At present, the North America region holds largest market share.
The major players are dominating the market are Cisco Systems, Inc. ,NXP Semiconductor N.V., Marvell Technology Group Ltd., Microsemi Corporation, Intel Corporation, National Instruments Corporation, Xilinx, Inc., and others.
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Research Analyst Level II With a technical background in information technology & semiconductors, shubham has 4.5+ years of experience in market research and analytics with the tasks of data mining, analysis, and project execution. he is the poc for our clients, for their consulting projects running under the ict/semiconductor domain. shubham holds a bachelor’s in information and technology and a master of business administration (mba). shubham has executed over 150 research projects for our clients under the brand name market research future in the last 2 years. his core skill is building the research respondent relation for gathering the primary information from industry and market estimation for niche markets. he is having expertise in conducting secondary & primary research, market estimations, market projections, competitive analysis, analysing current market trends and market dynamics, deep-dive analysis on market scenarios, consumer behaviour, technological impact analysis, consulting, analytics, etc. he has worked on fortune 500 companies' syndicate and consulting projects along with several government projects. he has worked on the projects of top tech brands such as ibm, google, microsoft, aws, meta, oracle, cisco systems, samsung, accenture, vmware, schneider electric, dell, hp, ericsson, and so many others. he has worked on metaverse, web 3.0, zero-trust security, cyber-security, blockchain, quantum computing, robotics, 5g technology, high-performance computing, data centers, ai, automation, it equipment, sensors, semiconductors, consumer electronics and so many tech domain projects.
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