Canada Time Sensitive Networking Market Size & Outlook

The time sensitive networking market in Canada is expected to reach a projected revenue of US$ 227.1 million by 2030. A compound annual growth rate of 44.9% is expected of Canada time sensitive networking market from 2025 to 2030.
Revenue, 2024 (US$M)
$29.0
Forecast, 2030 (US$M)
$227.1
CAGR, 2025 - 2030
44.9%
Report Coverage
Canada

Canada time sensitive networking market highlights

  • The Canada time sensitive networking market generated a revenue of USD 29.0 million in 2024 and is expected to reach USD 227.1 million by 2030.
  • The Canada market is expected to grow at a CAGR of 44.9% from 2025 to 2030.
  • In terms of segment, switches was the largest revenue generating component in 2024.
  • Processors is the most lucrative component segment registering the fastest growth during the forecast period.


Time sensitive networking market data book summary

Market revenue in 2024USD 29.0 million
Market revenue in 2030USD 227.1 million
Growth rate44.9% (CAGR from 2025 to 2030)
Largest segmentSwitches
Fastest growing segmentProcessors
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSwitches, Controllers, Gateways, Memory, Power Supply Devices, Processors, Other Component
Key market players worldwideAdvantech, Belden Inc, Cisco Systems Inc, HMS Networks AB, Microchip Technology Inc, Mitsubishi Electric Corp, Berkshire Hathaway Inc Class A, Emerson Electric Co, Spirent Communications PLC, Texas Instruments Inc, TTEC Holdings Inc


Other key industry trends

  • In terms of revenue, Canada accounted for 6.9% of the global time sensitive networking market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. time sensitive networking market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 161.6 million by 2030.

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Time Sensitive Networking Market Scope

Time sensitive networking market segmentation & scope
Switches
Controllers
Gateways
Memory
Power Supply Devices
Processors
Other Component
IEEE 802.1AS (Timing and Synchronization)
IEEE 802.1Qbv (Enhancements for Scheduled Traffic)
IEEE 802.1Qbu (Frame Preemption)
IEEE 802.1Qci (Per-Stream Filtering and Policing)
IEEE 802.1CB (Seamless Redundancy)
IEEE 802.1Qch (Cyclic Queuing and Forwarding)
IEEE 802.1Qcr (Asynchronous Traffic Shaping)
Industrial Automation
Automotive
Oil & Gas
Power & Energy
Aerospace
Consumer Electronics
Other Application

Time Sensitive Networking Market Companies

Name Profile # Employees HQ Website

Canada time sensitive networking market size, by component, 2018-2030 (US$M)

Canada Time Sensitive Networking Market Outlook Share, 2024 & 2030 (US$M)

Canada time sensitive networking market size, by component, 2018-2030 (US$M)

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