Time-Sensitive Networking Market Share, Upcoming Trends, Size, Key Segments, Growth Status and Forecast 2022 – 2031
Kenneth Research, in its repository of market research reports, have recently added a report on Time-Sensitive Networking Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031. The Time-Sensitive Networking Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Time-Sensitive Networking Market products.
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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.
Global Time-Sensitive Networking Market to reach USD 928.55 billion by 2025. Global Time-Sensitive Networking Market valued approximately USD 29.2 billion in 2017 is anticipated to grow with a healthy growth rate of more than 54.10% over the forecast period 2018-2025. The major driving factor of global Time-Sensitive Networking market are Development of Institute of Electrical and Electronics Engineers (IEEE) standards for deterministic ethernet, increasing adoption of IOT for automation and real time delivery of Ethernet Traffic. One of the major restraining factor of global time-sensitive networking market is the inability of TSN standards to provide customized solution. Time-Sensitive Networking (TSN) is a set of standards under development by Time Saving Networking task group of the IEEE 802.1 working group. TSN enables collection real of time data to perform analytics, gain operational insights and increases the productivity of the system.
TSN will Support full-duplex standards Ethernet derivates with higher bandwidth options such as 1GB, 10GB and even 400GB version in IEEE 802.3. TSN incorporates top-tier IT security provisions. Segmentation performance protection and temporal composability can add multiple levels of defense to the security framework. By using standard Ethernet components, TSN can integrate with existing brownfield applications and standards IT Traffic. TSN prioritize the low latency communication required for fast system response and closed-loop control application. It can achieve deterministic transfer times on the order of tens of microseconds and time synchronization between nodes down to tens of nanoseconds to ensure reliable delivery of this time-critical traffic.
The regional analysis of Global Time-Sensitive Networking Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America has accounted the leading market share of total generating revenue across the globe owing to growing industrial automation in the US. Europe is also contributing major share in the global time-saving networking market. Asia-Pacific region is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The major market player included in this report are:
• Cisco Systems Inc.
• NXP Semiconductors N.V.
• Marvell Technology Group Ltd.
• Microsemi Corporation
• Intel Corporation
• Nationals Instruments Corporation
• Analog Devices Inc.
• Belden Inc.
• Broadcom Limited
• Testbed Ecosystems
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By End-User:
. Industrial Automation
. Power & Energy
. Automotive
. Transportation
. Oil & Gas
. Aerospace
. Others
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By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Time-Sensitive Networking Market in Market Study:
. Key Consulting Companies & Advisors
. Large, medium-sized, and small enterprises
. Venture capitalists
. Value-Added Resellers (VARs)
. Third-party knowledge providers
. Investment bankers
. Investors
TABLE OF CONTENTS
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Key Trends
1.3. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
1.3.1. Time-Sensitive Networking Market, by End-User, 2015-2025 (USD Billion)
1.3.2. Time-Sensitive Networking Market, by Region, 2015-2025 (USD Billion)
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Time-Sensitive Networking Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Time-Sensitive Networking Market Dynamics
3.1. See Saw Analysis
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Time-Sensitive Networking Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Buyers
4.1.2. Bargaining Power of Suppliers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.2. PEST Analysis
4.2.1. Political Scenario
4.2.2. Economic Scenario
4.2.3. Social Scenario
4.2.4. Technological Scenario
4.3. Value Chain Analysis
4.3.1. Supplier
4.3.2. Manufacturers/Service Provider
4.3.3. Distributors
4.3.4. End-Users
4.4. Key Buying Criteria
4.5. Regulatory Framework
4.6. Cost Structure Analysis
4.6.1. Raw Material Cost Analysis
4.6.2. Manufacturing Cost Analysis
4.6.3. Labour Cost Analysis
4.7. Investment Vs Adoption Scenario
4.8. Analyst Recommendation & Conclusion
Chapter 5. Time-Sensitive Networking Market, by End-User
5.1. Market Snapshot
5.2. Market Performance – Potential Model
5.3. Key Market Players
5.4. Time-Sensitive Networking Market, Sub Segment Analysis
5.4.1. Industrial Automation
5.4.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.4.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.4.2. Power & Energy
5.4.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.4.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.4.3. Automotive
5.4.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.4.3.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.4.4. Transportation
5.4.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.4.4.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.4.5. Oil & Gas
5.4.5.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.4.5.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.4.6. Aerospace
5.4.6.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.4.6.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
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