Time Sensitive Networking Market size worth $ 2507.83 Million, Globally, by 2028 at 48.25% CAGR: Verified Market Research®
Over the forecast period, owing to Classical fieldbuses are not meant to allow many controllers to communicate in a deterministic fashion, thus they must resort to fieldbuses or reflective memory, both of which are technically challenging and costly.
JERSEY CITY, N.J., Jan. 18, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Time Sensitive Networking Market" By Standards (IEEE 802.1 AS, IEEE 802.1 AS-Rev, IEEE 802.1 Qbv), By Component (Switches, Isolators and Converters, Controllers and Processors), By Application (Industrial Automation, Automotive, Oil and Gas), and By Geography. According to Verified Market Research, the Global Time Sensitive Networking Market size was valued at USD 107.47 Million in 2020 and is projected to reach USD 2507.83 Million by 2028, growing at a CAGR of 48.25% from 2021 to 2028.
Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=6021
Browse in-depth TOC on "Time Sensitive Networking Market"
202 - Pages
Global Time Sensitive Networking Market Overview
Classical fieldbuses are not meant to allow many controllers to communicate in a deterministic fashion, thus they must resort to fieldbuses or reflective memory, both of which are technically challenging and costly. TSN-enabled Ethernet, on the other hand, is more versatile and facilitates controller-to-controller communication. As part of the proposed standard industrial interoperability connectivity, OPC UA (unified architecture) is growing to include Ethernet TSN, Ethernet advanced physical layer (APL), and controller-to-controller communications. The requirement for automated controllers that can handle many workloads at once, such as video feeds and traffic control, is increasing every day.
This allows for the implementation of deep learning capabilities in a single machine that can connect with other controllers in the factory's network in real-time. With industrial applications like robotic arms and motion controllers, developers encounter both time sync and timetable issues. As a result, they use TSN in conjunction with Intel's real-time characteristics to synchronize networks of devices in order to improve the timely behavior of industrial systems. As it lives at Layer 2 of the OSI architecture, TSN's sole purpose is to ensure that data arrives at its destination with a predictable level of delay and jitter. For convergent networks, this offers the necessary determinism underpinning. This broadens the scope of Ethernet's application in industrial communications. TSN does not handle many aspects of an automated system since it does not grasp the data.
Application-related functionalities at a higher level, such as safety, motion control, and device profiles for easier network configuration and maintenance, are still needed. None of these functions are addressed by TSN. To achieve these requirements, higher-level protocols are required. As a result, the necessity for higher-level industrial automation applications is a major roadblock to TSN adoption. These are the factor that decreases the acceptance of time-sensitive networking. In order to gather real-time input on the driving experience and assure passenger and vehicle safety, technologically advanced sensors are increasingly being used in autonomous vehicles. These snsors communicate with other vehicle systems such as global positioning systems (GPS), advanced driver assistance systems (ADAS), and emergency braking systems via the controller area network (CAN) and local interconnect network (LIN) industrial bus systems.
The major players in the market are Cisco Systems, Inc. (US), NXP Semiconductors N. V. (Netherlands), Xilinx, Inc. (US), Marvell Technology Group Ltd. (US), National Instruments Corporation (US), Microsemi Corporation (US), Analog Devices, Inc. (US), Broadcom Ltd. (Singapore), Belden, Inc. (US), TTTech Computertechnik AG (Austria), Renesas Electronics Corporation (Japan).
Verified Market Research has segmented the Global Time Sensitive Networking Market On the basis of Standards, Component, Application, and Geography.
Browse Related Reports:
Low Power Wide Area Network Market By Connectivity Technologies (SIGFOX, LoRaWAN, Weightless), By Applications (Smart Waste Management, Smart Buildings, Smart Gas and Water Metering, Smart Streetlights, Smart Parking), By Geography, Forecast, 2021-2028
Data Center Networking Market By Product (Ethernet Switches, Routers, Storage Area Network (SAN)), By End-User (BFSI, Healthcare, Retail, Government), By Geography, Forecast, 2021-2028
Wireless Connectivity Market By Type (Wireless Local Area Network (WLAN), Wireless Personal Area Network (WPAN)), By Application (Automotive & Transportation, Building Automation, Consumer Electronics), By Technology (Bluetooth Classic, Bluetooth Smart, Bluetooth Smart Ready), By Geography, Forecast, 2021-2028
Security Testing Market By Tools (Automated Testing Tools, Penetration Testing Tools, Web Testing Tools), By Organization Size (Large Companies and Small and Medium Businesses), By Type (Application Security Testing, Network Security Testing, Device Security Testing), By Deployment Model (Cloud-Based and On-Premise), By Vertical (Government, IT and Telecom, Banking, Financial Services), By Geography, Forecast, 2021-2028
Top 4 Cybersecurity Companies putting firewall between confidential data and malware
Visualize Time Sensitive Networking Market using Verified Market Intelligence:-:
Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue impacting decisions for a brilliant future.
VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SME's offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.
We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries.
Mr. Edwyne Fernandes
â€œTime Machineâ€ - The Power of Petabyte Image Datalakes
Grand Opening Networking Reception in Expo Hall
Keynote Presentation by National Urban League - Open to all Badge Holders