Time-sensitive Networking Market Analysis

Type (IEEE 802.1 AS, IEEE 802.1 Qbv, IEEE 802.1 CB, IEEE 802.1 Qbu, IEEE 802.1 Qcc)

The IEEE 802.1 AS segment in the time-sensitive networking (TSN) market is expected to capture the highest revenue share of about 30% during the forecast period. IEEE 802.1AS, which was initially designed to facilitate plug-and-play video and audio applications, had just been enhanced. In actuality, IEEE 802.1AS is a significant standard change that preserves backward compatibility with the old standard while addressing 5G integration requirements. Furthermore, IEEE 802.1 AS standards prioritized enhanced reliability and cost savings, two factors critical to small-area network applications. Mechanisms are used by the IEEE 802.1AS protocol to confirm that every device connected to a network is following the protocol. For instance, an Ethernet switch is not included in the carrying time if it is discovered to not operate IEEE 802.1AS. For numerous local area network applications, reliable performance is crucial, and this is what this offer. Hence, the segment is expected to observe the significant growth in the market over the forecast period.

Component (Switches, Hubs, Routers & Gateways, Connectors, Power Supply Devices, Connectors & Processors)

The switched segment in the time-sensitive networking market is expected to gather the largest revenue share of about 30% in the coming years. In the Time-sensitive Networking (TSN) market, switches hold the biggest market share as a result of their vital function in network infrastructure, which includes connectivity and the facilitation of accurate and low-latency communication. Reliable and timely data transport is ensured by TSN switches, which are built to handle TSN characteristics including time synchronization and Quality of Service (QoS) guarantees. Switches have become the most popular component in the time-sensitive networking market owing to their scalability, versatility, and extensive availability from several suppliers. This has made them the go-to option for establishing TSN solutions. Moreover, owing to the rising number of data centers which is necessitating seamless transfer of data the segment is growing. By December 2023, there were projected to be about 10,977 data center locations worldwide.  

Our in-depth analysis of the global time-sensitive networking market includes the following segments: