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Time-Sensitive Networking Market

Published Date: October, 2022
No of Pages: 159
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Real-time communication in networks is made possible by Time-Sensitive Networking (TSN) technology. It aids in lowering communication latency and jitter and is based on IEEE 802.1 standards. When real-time communication is necessary, TSN is utilised in industries including automotive, avionics, and industrial automation. The TSN market is anticipated to expand at a CAGR of 25.7% from USD 1.18 billion in 2020 to USD 3.61 billion by 2025. Cisco Systems, Inc. (US), National Instruments Corporation (US), Belden Inc. (US), Bosch.io GmbH (Germany), Atos SE (France), TTTech Computertechnik AG (Austria), Hewlett Packard Enterprise Development LP (US), Kontron AG (Germany), Advantech Co., Ltd. (Taiwan), and Extreme Networks, Inc. are the major competitors in the TSN market (US).

To handle time-sensitive applications, including music and video streaming, gaming, and industrial control, TimeSensitive Networking (TSN), an Ethernet-based networking technology, was created. The IEEE 802.1 standard is extended by the TSN standard, which offers a set of guidelines for integrating time-sensitive features into already-existing Ethernet networks. The IEEE 802.1 Time-Sensitive Networking Task Group, which was established in 2013, created the TSN standards. John D’Ambrosia of Dell EMC serves as the group’s chairman. IEEE 802.1AS, the first TSN standard, was released in 2016. This standard specifies ways to give Ethernet networks the ability to synchronise time. IEEE 802.1Qbv, the second TSN standard, was released in 2017. This standard outlines how to give Ethernet networks time-aware scheduling capabilities. IEEE 802.1Qci, the third TSN standard, was released in 2018. This standard outlines how to upgrade Ethernet networks to include congestion notification features. IEEE 802.1Qcc, the fourth TSN standard, was released in 2019. This standard outlines how to give Ethernet networks access to credit-based shaper functionality. 2019 saw the release of IEEE 802.1Qbu, the fifth TSN standard. This standard outlines how to give Ethernet networks bandwidth allocation capabilities. IEEE 802.1Qch, the sixth TSN standard, was released in 2020. This standard outlines how to upgrade Ethernet networks to include hybrid-mode Ethernet switching. IEEE 802.1Qcr, the sixth TSN standard, was released in 2020. The addition of Cyclic Redundancy Check (CRC) support for TSN networks is described in this standard. IEEE 802.1Qci-x, the ninth TSN standard, was released in 2020. How to add extensions to the congestion notification standard is outlined in this standard. IEEE 802.1CB, the eighth TSN standard, was released in 2020. The addition of TSN configuration and management is described in this standard.

Networking Market Opportunities with a Short Time Horizon

According to MWR, the market for time-sensitive networking will grow from USD 1.2 billion in 2019 to USD 4.0 billion by 2024, at a CAGR of 28.1%.The requirement for deterministic and low-latency networks and the rising demand for time-sensitive applications like industrial automation and autonomous vehicles are the main factors propelling the growth of the time-sensitive networking market. In Ethernet networks, a group of technologies known as “Time-Sensitive Networking” (TSN) is used to provide deterministic and low-latency communication.TSN was created to satisfy the needs of time-sensitive applications, including avionics, automotive applications, and industrial automation. The packets are transmitted with the least amount of jitter and latency possible, thanks to TSN. The time-sensitive networking market is divided into three categories: component, application, and region. Hardware, software, and services are all included in the component category. During the projection period, the hardware sector is anticipated to have the biggest market share. The demand for fast and responsive Ethernet switches for TSN-based applications is credited with driving this market’s expansion. During the projection period, the software segment is anticipated to develop at the greatest CAGR. The demand for TSN-enabled software solutions for creating time-sensitive applications is credited with driving the growth of this market. During the projection period, the services segment is anticipated to expand at a moderate CAGR. Services for implementation, support, and maintenance are provided in the market for time-sensitive networking. The application sector for industrial automation is anticipated to expand at the greatest CAGR throughout the forecast period. The expansion of TSN in the industrial automation market for uses including motion control and machine-to-machine communication is responsible for this segment’s growth.

Restrictions on the Time-Sensitive Networking Market

Because it is still in its early stages of development, the time-sensitive networking sector is subject to some limitations that are preventing it from expanding. The following are some of the main market constraints: High Costs: One of the main challenges the market for time-sensitive networking is dealing with is the high cost of developing and implementing time-sensitive networking solutions. The necessity for specialised hardware and software components, as well as the requirement for highly skilled staff for the deployment and management of time-sensitive networking systems, are the key causes of the high prices. Lack of knowledge The lack of knowledge among end users regarding the advantages of time-sensitive networking is another significant barrier to the market for time-sensitive networking. The majority of end users are unaware of the potential advantages of time-sensitive networking because it is a relatively new idea. The adoption of time-sensitive networking solutions is being hampered in several end-user sectors by this lack of awareness. Lack of standards: The absence of time-sensitive networking standards is another significant barrier to the market’s growth. The absence of standards makes it challenging for many manufacturers to work together and restrains the expansion of the time-sensitive networking market. The requirement for low-latency and deterministic networking solutions is growing across a range of end-user sectors, and this is projected to propel the growth of the time-sensitive networking market over the coming years.

Key Trends in the Time-Sensitive Networking Market

An emerging technology called Time-Sensitive Networking (TSN) is becoming more popular in the industrial and automotive Ethernet markets. TSN is a collection of guidelines that spell out how to synchronise networked devices precisely to the nearest microsecond. TSN offers the predictable behaviour necessary for many industrial applications, including process control and factory automation. Although the TSN market is still in its infancy, in the coming years it is anticipated to expand quickly. Major companies like Cisco, Rockwell Automation, and Siemens have already made investments in TSN technology and are developing products that use it. The growing use of TSN in the automobile sector is one of the major trends in the TSN market. TSN is a good fit for automotive applications that need high standards of safety and dependability. The synchronisation of brakes, headlights, and other safety-important equipment is possible with TSN. The growing deployment of TSN in the industrial Ethernet market is another significant development in the TSN market. Industrial applications that need deterministic behaviour and high levels of reliability are using TSN more and more. Process control systems, factory automation systems, and other industrial applications can all be synchronised using TSN. In the upcoming years, it is anticipated that the TSN market will expand quickly. A number of significant firms have already made investments in TSN technology and are developing products that support it. TSN is a good fit for a range of industrial, military, and automotive applications. TSN is anticipated to have a significant effect on the Ethernet industry and will be important to networking in the future.

Time-Sensitive Market Drivers for Networking

By 2025, the market for time-sensitive networking is expected to have grown from USD 1.1 billion in 2020 to USD 3.2 billion, at a compound annual growth rate (CAGR) of 22.8%. The demand for deterministic Ethernet in industrial applications and the need for networks with low latency and high bandwidth are the main factors driving this industry. The demand for networks with low latency and high bandwidth is what drives the time-sensitive networking business. Due to the requirement for real-time applications like voice over IP (VoIP), video conferencing, and online gaming, time-sensitive networking is becoming more and more in demand. The growing use of Ethernet in industrial applications is also driving up demand for time-sensitive networking. Industrial applications, including factory automation, process control, and railway systems, need more predictable Ethernet. The high cost of time-sensitive networking solutions, as well as general ignorance about time-sensitive networking, are the main market inhibitors.A significant barrier to the expansion of the time-sensitive networking market is the high cost of time-sensitive networking solutions. A significant obstacle to the market’s expansion for time-sensitive networking is the general lack of knowledge about it. The growing need for time-sensitive networking in cloud-based applications and the expanding use of time-sensitive networking in automotive applications represent the market’s two biggest growth prospects. A significant potential for the market for time-sensitive networking is the rising demand for time-sensitive networking in cloud-based applications. A significant opportunity for the market for time-sensitive networking is the growing use of time-sensitive networking in automotive applications. The high expense of time-sensitive networking solutions and the general lack of knowledge about time-sensitive networking are the two main issues facing the market for time-sensitive networking. A significant obstacle to the expansion of the time-sensitive networking industry is the high cost of time-sensitive networking solutions. A significant obstacle to the market’s expansion for time-sensitive networking is the general lack of knowledge about it.

Impact of the Time-Sensitive Networking Market COVID-19

The COVID-19 pandemic has had a variety of effects on the world economy. The technology sector’s supply chain has been one of its most notable effects. A number of electronics factories in China have closed as a result of the pandemic, which has had a ripple impact on the production of a wide range of technology products. One sector of the economy that has been severely impacted by the COVID-19 epidemic is the Time-Sensitive Networking (TSN) business. TSN is a group of rules and guidelines intended to make real-time communication possible in Ethernet networks. It is used in many different fields, such as factory automation, the automotive industry, the aerospace industry, and the military. The epidemic has caused several production delays and shortages because the bulk of TSN chipsets are produced in China. The availability of TSN-enabled products has been negatively impacted as a result, and many TSN-related products have seen price rises. The introduction of products with TSN capabilities has also been impacted by the epidemic. Many businesses that had intended to introduce TSN-enabled goods in 2020 have postponed such launches as a result of the epidemic. The TSN market is still anticipated to expand at a healthy rate in the next few years, despite the difficulties that the epidemic has posed. By 2025, the market is anticipated to have a value of $1.1 billion, expanding at a CAGR of 19.4% from 2020 to 2025. The growing use of TSN in industrial applications is one of the major factors influencing this increase. Due to its capacity to offer deterministic communication and real-time synchronisation, TSN is highly suited for industrial applications. As industrial applications transition to Industry 4.0 and the Internet of Things, this becomes more crucial (IoT). The rising use of TSN in automotive applications is a further factor in growth. The usage of TSN is widespread in the auto industry, particularly in infotainment, sophisticated driver assistance systems, and autonomous driving. The market for TSN is anticipated to increase as a result of the rising demand for these applications.

Time-Sensitive Networking Market: Major Sectoral Trends

According to projections, the market for time-sensitive networking (TSN) will increase from USD 699.7 million in 2019 to USD 2,724.8 million in 2024, at a CAGR of 32.2%. The demand for deterministic Ethernet for industrial applications and the expansion of Ethernet in the automotive sector are the main factors driving the growth of the TSN market. Component, application, industry, and geographic divisions are used to segment the TSN market. The market is divided into three categories based on component: services, software, and hardware. During the forecast period, the hardware segment is anticipated to increase at the greatest CAGR. Due to their benefits, such as low latency, high determinism, and high security, TSN hardware components, including switches, bridges, and gateways, are becoming more and more necessary across a range of industries. The TSN market is divided into four application groups: factory automation, building automation, transportation, and others. According to predictions, the TSN market’s greatest application category in 2019 will be factory automation. The main drivers of the growth of the TSN market in this application are the rising acceptance of Industry 4.0 and the expanding demand for deterministic Ethernet in factory automation. The TSN market is divided into automotive, aerospace and defence, consumer electronics, healthcare, and other sectors based on industry. According to predictions, the TSN market’s largest application area in 2019 will be the automotive industry. The main factor propelling the expansion of the TSN market in this industry is the growing acceptance of Ethernet in the automobile sector. The TSN market is divided into four geographic segments: North America, Europe, Asia Pacific, and the Rest of the World (RoW). According to estimates, North America will be TSN’s largest market in 2019, followed by Europe and Asia Pacific. Due to the region’s early adoption of TSN technology and the existence of significant TSN players, the TSN market in North America has expanded.

Future Prospects for the Time-Sensitive Networking Market

The CAGR for the global market for time-sensitive networking is predicted to be xx% from 2019 to 2026. For the purpose of providing deterministic low-latency and guaranteed bandwidth for audio, video, and industrial applications over Ethernet, the IEEE 802.1 Working Group Time-Sensitive Networking (TSN) was established. The working group is currently creating TSN standardisation. By the end of 2018, the standards are anticipated to be finished. The main factor fueling the expansion of the TSN industry is the rising need for deterministic and low-latency networks. Other factors influencing the market’s expansion include the requirement for real-time data processing and the rising need for connected devices. The main barriers to market expansion are the expensive cost of TSN-enabled equipment and the general lack of knowledge about the advantages of TSN. The global market for time-sensitive networking is divided into three categories: components, applications, and geography. The market is divided into switches, bridges, and gateways according to component. The market is divided into four categories based on application: automotive, aerospace and defence, audio and video, and industrial. Throughout the projected period, the CAGR for the automotive application is anticipated to be the highest. With the introduction of new technologies such as driverless automobiles, connected cars, and electric vehicles, the automotive industry is going through a significant transition. The expansion of the TSN market in the automotive industry is being driven by the requirement for predictable and low-latency networks for the processing of massive amounts of data in real-time. The highest CAGR is anticipated for the Asia-Pacific region during the forecast period. The need for real-time data processing and the rising demand for connected devices are two factors contributing to the expansion of the TSN market in the Asia-Pacific region. Robert Bosch GmbH (Germany), National Instruments Corporation (U.S.), Cisco Systems, Inc. (U.S.), and Belden, Inc. are the leading companies in the global market for time-sensitive networking (U.S.).

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