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.
Author Credits: Abhishek Verma
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