Time-Sensitive Networking Market: Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2020 - 2026

A report estimates that the time-sensitive networking market is expected to surpass a valuation of $1 billion by 2026.

Increasing demand for industrial automation solutions and the need for communication networks are likely to boost the adoption of time-sensitive networking solutions. For example, smart manufacturing plants are connected via various components like sensors and controllers over a converged network. These connected components send data to the remote monitoring system by multi-access edge computing and radio access networks.

The time-sensitive networking (TSN) technology aids in routing increased traffic which is caused because of data transmission by a converged network. They give protocol layers and high bandwidths in comparison to standard Ethernet switches in the network infrastructure. Although, time-sensitive networking takes more time to refresh the switches, resulting in high maintenance costs and enhancing the total cost of ownership for enterprises.

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However, TSN can require longer duration to refresh the switches, resulting in higher maintenance costs, thereby raising the overall cumulative cost of ownership by enterprises. Factors such as these could present some obstacles for Time-Sensitive Networking Market growth.

Communication technology solution providers are constantly focusing on innovating new controllers and processors, which may help scale TSN technology across various applications. Taking January 2020 for instance, CAST, Inc. introduced a switched TSN Endpoint Controller that fulfilled every TSN standard. This product would allow the company to offer a controller IP core that combines with hardware stacks and delivers enhanced traffic management, time synchronization ability and low latency Ethernet MAC. 

In terms of services, the Time-Sensitive Networking Market is bifurcated into professional services and managed services. Out of these, professional services segment is projected to generate more than USD 200 million by 2026. Businesses with specialized TSN technology expertise are offering dedicated services to consumers to simplify their networking issues associated with maintenance and deployment.

List of the Key Companies that are Operating in the Time-Sensitive Networking Market. They are as follows:

Analog Devices, Inc., Belden, Inc., Broadcom Limited, Cisco Systems, Inc., Infinera Corporation, Intel Corporation, Marvell Technology Group Ltd., Microsemi Corporation, National Instruments Corporation, Nokia Corporation, NXP Semiconductors, Inc., Renesas Electronics Corporation, Siemens AG, TTTech Computertechnik AG, and Xilinx, Inc.

Firms operating in this market are shifting their efforts on delivering advanced TSN solutions. Earlier in 2018, Microsemi, one of the leading providers of semiconductor and system solution, introduced SMBStaX, ISTaX, and Carrier Ethernet service packages. Reportedly, these software services were geared towards carrier, enterprise, and industrial applications.  

Siemens, NXP Semiconductors, Analog Devices, Inc., and Broadcom Limited are some other firms working on unveiling solutions to offer robust communication channels to clients and expand their product lineup. In 2018, Analog Devices, Inc. released industrial automation software for factory infrastructure. Evidently, this system involves radar sensors, TSN switching capability, device-level security and condition-based monitoring (CbM).

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Table Of Content:

Chapter 5.    Time-Sensitive Networking Market, By Component

5.1.    Key trends, by component

5.2.    Solution

5.2.1. Market estimates and forecast, 2017 - 2026

5.2.2. Switches

5.2.2.1.    Market estimates and forecast, 2017 – 2026

5.2.3. Controllers & processors

5.2.3.1.    Market estimates and forecast, 2017 – 2026

5.2.4. Other hardware components

5.2.4.1.    Market estimates and forecast, 2017 – 2026

5.3.    Service

5.3.1. Market estimates and forecast, 2017 - 2026

5.3.2. Professional services

5.3.2.1.    Market estimates and forecast, 2017 – 2026

5.3.3. Managed services

5.3.3.1.    Market estimates and forecast, 2017 – 2026

Chapter 6.    Time-Sensitive Networking Market, By Application

6.1.    Key trends, by application

6.2.    Industrial automation

6.2.1. Market estimates and forecast, 2017 - 2026

6.3.    Power & energy

6.3.1. Market estimates and forecast, 2017 – 2026

6.4.    Automotive and transportation

6.4.1. Market estimates and forecast, 2017 - 2026

6.5.    Oil & gas

6.5.1. Market estimates and forecast, 2017 - 2026

6.6.    Aerospace

6.6.1. Market estimates and forecast, 2017 - 2026

6.7.    Others

6.7.1. Market estimates and forecast, 2017 - 2026

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