Mexico Time Sensitive Networking Market Size & Outlook
The time sensitive networking market in Mexico is expected to reach a projected revenue of US$ 161.6 million by 2030. A compound annual growth rate of 46% is expected of Mexico time sensitive networking market from 2025 to 2030.
Revenue, 2024 (US$M)
$19.7
Forecast, 2030 (US$M)
$161.6
CAGR, 2025 - 2030
46%
Report Coverage
Mexico
Related Markets
Mexico time sensitive networking market highlights
- The Mexico time sensitive networking market generated a revenue of USD 19.7 million in 2024 and is expected to reach USD 161.6 million by 2030.
- The Mexico market is expected to grow at a CAGR of 46% 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 2024 | USD 19.7 million |
| Market revenue in 2030 | USD 161.6 million |
| Growth rate | 46% (CAGR from 2025 to 2030) |
| Largest segment | Switches |
| Fastest growing segment | Processors |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Switches, Controllers, Gateways, Memory, Power Supply Devices, Processors, Other Component |
| Key market players worldwide | Advantech, 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, Mexico accounted for 4.7% 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
Time Sensitive Networking Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Spirent Communications PLC | View profile | 1526 | 108 High Street, Origin One, Crawley, West Sussex, United Kingdom, RH10 1BD | https://corporate.spirent.com |
| Belden Inc | View profile | 8000 | 1 North Brentwood Boulevard, 15th Floor, St. Louis, MO, United States, 63105 | https://www.belden.com |
| Advantech | View profile | 5001-10000 | Taipei, T'ai-pei, Taiwan, Asia | http://www.advantech.com |
| Berkshire Hathaway Inc Class A | View profile | 396500 | 3555 Farnam Street, Omaha, NE, United States, 68131 | https://www.berkshirehathaway.com |
| TTEC Holdings Inc | View profile | 60000 | 6312 South Fiddler’s Green Circle, Suite 100N, Greenwood Village, CO, United States, 80111 | https://www.ttec.com |
| HMS Networks AB | View profile | 1200 | Stationsgatan 37, Box 4126, Halmstad, Sweden, SE-300 04 | https://www.hms-networks.com |
| Microchip Technology Inc | View profile | 22600 | 2355 West Chandler Boulevard, Chandler, AZ, United States, 85224-6199 | https://www.microchip.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Texas Instruments Inc | View profile | 34000 | 12500 TI Boulevard, Dallas, TX, United States, 75243 | https://www.ti.com |
| Emerson Electric Co | View profile | 67000 | 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 | https://www.emerson.com |
| Mitsubishi Electric Corp | View profile | 149134 | Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8310 | https://www.mitsubishielectric.com |
Mexico time sensitive networking market size, by component, 2018-2030 (US$M)
Mexico Time Sensitive Networking Market Outlook Share, 2024 & 2030 (US$M)
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