Portland, OR -- (SBWIRE) -- 01/24/2018 -- A set of IEEE 802 Ethernet sub-standards is called time-sensitive networking (TSN), which is defined by the IEEE TSN task group. Such standards allow deterministic real-time communication over the ethernet. Determinism over ethernet is achieved by TSN, by using time synchronization and a schedule that is shared between network components. By defining queues based on time, TSN ensures a bounded maximum latency for scheduled traffic through switched networks. This states that in a TSN network, latency of critical scheduled communication is guaranteed.
Growth in adoption of industrial IoT & industry 4.0 solutions and increase in need for real-time networking for various applications drive the global time-sensitive networking market. However, inability of TSN standards to provide customized solutions impedes the market growth. Growth in interest for TSN in automotive application and increase in testbed activities offers a major opportunity for the market.
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The global time-sensitive networking market is segmented on the basis of component, application, and geography. Based on component, it is divided into switches, hubs, routers, & gateways, connectors, power supply devices, controllers & processors, memory, and others. By application, the market is classified into power & energy, automotive, transportation, oil & gas, aerospace, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global time-sensitive networking market is dominated by key players such as Analog Devices, Inc., National Instruments, XILINX INC., Intel Corporation, Belden Inc., Broadcom, Microsemi Corporation, Marvell, Cisco Systems, Inc., and NXP Semiconductors.
Key Benefits:
- The study provides an in-depth analysis of the global time-sensitive networking market and current & future trends to elucidate the imminent investment pockets.
- Information about the key drivers, restrains, and opportunities is provided.
- Porters Five Forces analysis illustrates the potency of buyers & suppliers operating in the industry.
- The quantitative analysis of the global market from 2017 to 2023 is provided to determine the market potential.
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