Time-sensitive Networking Market Size

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. In the year 2025, the industry size of time-sensitive networking is estimated at USD 551.33 million. This growth of the market is poised to be dominated by the growing automation of industries. For instance, over 32% of companies have at least one function that is automated in the world. Hence, with this, the need for real-time data is also growing which is why the demand for time-sensitive networking is expected to observe a surge.

Furthermore, government in different nations are initiating their efforts in research and development for the enhancement of time-sensitive networking. For instance, recently, an application case for robotics using time synchronization and time-aware shaping scheduling characteristics was presented by NIST and industry researchers in a wireless time-sensitive networking situation. Therefore, this factor is also projected to influence the demand for time-sensitive networking market.