The Time-Sensitive Networking Market is expected to be worth $642 million in 2021, and is expected to reach $1072 million in 2026 with a 10% CAGR. Increasing demand for higher data rates and greater spectral efficiency is a major factor driving the market growth. The market is further accelerated by implementing LTE in public sectors such as public safety, defense and security. These applications require high-speed communication in an emergency. So, LTE is the best network to meet these needs. In addition, changing customer preferences and increasing demand for high-speed mobile broadband have created tremendous potential in the Asia Pacific market. Telecom operators have planned the largest number of LTE deployments in these developing countries.
A full report of Time-Sensitive Networking Market available at https://www.orionmarketreports.com/time-sensitive-networking-tsn-market/30913/
Time-Sensitive Networking Market Segmentations
By Component
• Switches
• Hubs, Routers, & Gateways
• Connectors
• Power Supply Devices
• Controllers & Processors
• Memory
• Others
By Application
• Power & Energy
• Automotive
• Transportation
• Oil & Gas
• Aerospace
• Others
Key Market Players
• Analog Devices, Inc.
• National Instruments
• XILINX INC.
• Intel Corporation
• Belden Inc.
• Broadcom
• Microsemi Corporation
• Marvell
• Cisco Systems, Inc.
• NXP Semiconductors
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
