Global Time Sensitive Networking Market Size & Outlook
The time sensitive networking industry worldwide is expected to reach a projected revenue of US$ 3,399.1 million by 2030. A compound annual growth rate of 45.6% is expected of the worldwide time sensitive networking industry from 2025 to 2030.
Revenue, 2024 (US$M)
$422.0
Forecast, 2030 (US$M)
$3,399.1
CAGR, 2025 - 2030
45.6%
Report Coverage
Worldwide
Global time sensitive networking market, 2018-2030 (US$M)
Related Markets
Global time sensitive networking market highlights
- The global time sensitive networking market generated a revenue of USD 422.0 million in 2024 and is expected to reach USD 3,399.1 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 45.6% by 2030.
- In terms of segment, switches accounted for a revenue of USD 105.0 million in 2024.
- Processors is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, South Korea is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 422.0 million |
| Market revenue in 2030 | USD 3,399.1 million |
| Growth rate | 45.6% (CAGR from 2025 to 2030) |
| Largest segment | Switches |
| Fastest growing segment | Processors |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Switches, Controllers, Gateways, Memory, Power Supply Devices, Processors, Other Component |
Other key industry trends
- In terms of revenue, the North America accounted for 35.8% of the global time sensitive networking market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Korea is the fastest growing regional market and is projected to reach USD 151.2 million by 2030.
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Time Sensitive Networking Market Scope
Time sensitive networking market segmentation & scope
IEEE 802.1Qbu (Frame Preemption)
IEEE 802.1Qbv (Enhancements for Scheduled Traffic)
IEEE 802.1Qch (Cyclic Queuing and Forwarding)
IEEE 802.1Qcr (Asynchronous Traffic Shaping)
IEEE 802.1AS (Timing and Synchronization)
IEEE 802.1Qci (Per-Stream Filtering and Policing)
IEEE 802.1CB (Seamless Redundancy)
Oil & Gas
Power & Energy
Other Application
Automotive
Aerospace
Consumer Electronics
Industrial Automation
Time Sensitive Networking Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global time sensitive networking market size, by regions, 2018-2030 (US$M)
Top 10 countries: Time sensitive networking market size, 2024 (US$M)
Global time sensitive networking market share, by component, 2024 & 2030 (%, US$M)
Time sensitive networking market: Opportunity assessment by country
Global time sensitive networking market, by region, 2024 (US$M)
Related regional statistics
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