The latest study conducted by Global Market Insights Inc. claims that the time-sensitive networking market size  will reach over USD 1.5 billion in annual valuation by 2032. Surging popularity of Industry 4.0, rising deployment of diverse industrial ethernet protocols and the ongoing developments in advanced avionic systems are considered some pivotal drivers.

The growing importance of ethernet networks coupled with the thriving need for deterministic data exchanges will positively influence the time-sensitive networking industry growth. Lately, several specialized solutions have emerged in the automation industry for achieving deterministic, fast, and robust communication. The influx of Industrie 4.0 and the Industrial Internet of Things (IIoT) have resulted in increased network traffic in the ever-growing converged networks. Hence, the constant need for flexibility, scalability, bounded latency for time-critical communication to support small and big data server systems in these networks will enhance the market outlook.

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Time-sensitive networking (TSN) is an emerging technology that enables the control as well as prioritization of data streams in Ethernet networks. The rapid advancements in the automotive industry have pushed engineers to design automotive solutions that offer predictable latency and guaranteed bandwidth, further encouraging the demand for Ethernet.

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Mentioned below are some eminent factors that may influence the industry development:

Increasing adoption of TSN switches

The demand for time-sensitive networking solutions, comprising switches, controllers, processors and other hardware components will pick significant momentum through 2032. TSN switches are increasingly used for improving the performance, robustness, as well as availability of the current networks. Rising innovations initiated by leading solution providers in TSN switch technology will play a key role in the time-sensitive networking market growth. For instance, in May 2022, Broadcom Inc., introduced BCM8958X, its monolithic Ethernet switch device for addressing the rising bandwidth requirements for in-vehicle networking applications.

Growing usage in industrial automation

Time-sensitive networking market is expected to witness notable proceeds from industrial automation applications due to the increasing penetration of digitization in industrial processes. In recent years, a large number of enterprises have embraced TSN services and solutions to offer standardized mechanisms for concurrent employing deterministic as well as non-deterministic communication. Time-sensitive networking, be it in the automotive or food & beverage sector, renders decisive advantages for industrial production to cater to QoS mechanisms, reserved bandwidths, low transmission latency, and the parallel transmission of multiple protocols.

Furthermore, the advent of the fourth industrial revolution has prompted the adoption of TSN technologies for industrial automation within wireless communication systems. The sweeping developments in process and factory automation along with the globally rising inclination towards smart manufacturing will complement the industry progression.

Booming deployment in APAC

The time-sensitive networking market in Asia Pacific may exhibit more than 20% CAGR from 2023-2032. The growth can be accredited to the intensifying rate of digitization and the augmented deployment of automated technologies, mainly in the developing countries. The rapid industrialization has boosted the need for strong communication and network solutions in various enterprises. To state an instance, Japanese conglomerate Mitsubishi deployed Moxa’s TSN-based integrated system for safely accessing, storing, and protecting its critical and synchronized visual data. The increasing importance of 5G time-critical services and the growing number of government-led investments will further anchor the regional industry development.

Rising collaborative and innovative initiatives

Leading solution providers in the time-sensitive networking market are placing constant efforts on introducing advanced product portfolios while engaging in strategic undertakings, including mergers and acquisitions to achieve competitive advantages. For instance, in August 2022, Renesas rolled out the RZ/N2L microprocessor, ideal for industrial Ethernet communications and time-sensitive networking. The new microprocessor helps to add networking capabilities to the industrial equipment and devices.

The thriving adoption of TSN solutions for easy AI (artificial intelligence) deployment will positively influence the market growth in the forecasted period. The intense incorporation of TSN capabilities to high-speed packet edge devices for minimized latency and jitter in time-sensitive applications that require fast, reliable and secure connectivity will also influence the technology deployment.

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