Time-sensitive Networking Market Share

  • Report ID: 5762
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Time-sensitive Networking Market Share

North American Market Forecast

The North America time-sensitive networking market is projected to hold 35% of the revenue share by the forecast period. This growth of the time-sensitive networking market in this region is set to be influenced by a surge in several investments made by market players for the adoption of time-sensitive networking. Furthermore, this region also has a huge demand for IIOT in industrial applications. Additionally, the government in this region is also investing significantly in smart factory automation which is also dominating the demand for time-sensitive networking. 

European Market Analysis

The time-sensitive networking market in Europe is also estimated to have significant growth during the forecast period. This is region is having notable presence of manufacturing units is this region. Also, the development of autonomous vehicles is also surging is this region which is also encouraging the time-sensitive networking market expansion in this region.    

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Author Credits:  Abhishek Verma


  • Report ID: 5762
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of time-sensitive networking is estimated at USD 551.33 million.

The time-sensitive networking market size was over USD 418.69 million in 2024 and is anticipated to cross USD 32.01 billion by 2037, witnessing more than 39.6% CAGR during the forecast period i.e., between 2025-2037. The market growth is propelled by growing adoption of determinist ethernet, rising integration of 5G technology, and surging demand for automotive.

North America industry is set to account for largest revenue share of 35% by 2037, impelled by number of investments made by industry players for the adoption of time-sensitive networking in the region.

The major players in the market include Moxa Inc., Real-Time Innovations, Exoscale, Equinix, Inc., Virtu Financial Inc., Rockwell Automation, ABB, Ericsson, Nokia, Cisco Systems, Inc.
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