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.

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are growing adoption of determinist ethernet, rising integration of 5G technology, and surging demand for automotive.

The market size of time-sensitive networking is anticipated to attain a CAGR of 59% over the forecast period, i.e., 2024-2036.

The major players in the market are Moxa Inc., Real-Time Innovations, Exoscale, Equinix, Inc., and others.

The switches segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North America region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.

Time-sensitive Networking Market Share