Press release
Time-Sensitive Networking (TSN) Market Revenue, Insights, Overview, Outlook, Analysis
Time-Sensitive Networking (TSN) - Market SizeThe global market for Time-Sensitive Networking (TSN) was estimated to be worth US$ 166.4 million in 2023 and is forecast to a readjusted size of US$ 3096.3 million by 2030 with a CAGR of 49.3% during the forecast period 2024-2030.
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A set of IEEE 802 Ethernet sub-standards is called time-sensitive networking (TSN), which is defined by the IEEE TSN task group. Such standards allow deterministic real-time communication over the ethernet. Determinism over ethernet is achieved by TSN, by using time synchronization and a schedule that is shared between network components. By defining queues based on time, TSN ensures a bounded maximum latency for scheduled traffic through switched networks. This states that in a TSN network, latency of critical scheduled communication is guaranteed.
Global key players of time-sensitive networking (TSN) include Belden, Cisco, Microchip Technology, Xilinx (AMD) and Intel, etc. The top five players hold a share about 47%. In terms of product, switches is the largest segment, with a share about 53%. And in terms of application, the largest application is industrial automation, which has a share about 43%.
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By Component
Switches
Hubs, Routers, & Gateways
Connectors
Power Supply Devices
Controllers & Processors
Memory
By Application
Industrial Automation
Energy and Power
Automotive & Transportation
Oil & Gas
Others
Key Companies
Belden, Cisco, Intel, Marvell Technology, Microchip Technology, NXP, National Instruments, Analog Devices, Xilinx (AMD), Broadcom, Advantech, Renesas Electronics, TTTech, Kyland Technology, ORing Industrial Networking, Infinera, Kontron, WAGO, HMS Networks, Moxa
FAQ for this report
1. What is the Time-Sensitive Networking (TSN) - Market size in 2030?
Ans: The Time-Sensitive Networking (TSN) - Market size in 2030 will be US$ 3096.3 million.
2. What is the market share of major companies in Time-Sensitive Networking (TSN) - Market?
Ans: The top five players hold a share about 47%.
3. Who are the main players in the Time-Sensitive Networking (TSN) - Market report?
Ans: The main players in the Time-Sensitive Networking (TSN) - Market are Belden, Cisco, Intel, Marvell Technology, Microchip Technology, NXP, National Instruments, Analog Devices, Xilinx (AMD), Broadcom, Advantech, Renesas Electronics, TTTech, Kyland Technology, ORing Industrial Networking, Infinera, Kontron, WAGO, HMS Networks, Moxa
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