North America Time Sensitive Networking Market Size & Outlook
The time sensitive networking market in North America is expected to reach a projected revenue of US$ 1,155.1 million by 2030. A compound annual growth rate of 44.3% is expected of North America time sensitive networking market from 2025 to 2030.
Revenue, 2024 (US$M)
$151.2
Forecast, 2030 (US$M)
$1,155.1
CAGR, 2025 - 2030
44.3%
Report Coverage
North America
North America time sensitive networking market, 2018-2030 (US$M)
Related Markets
North America time sensitive networking market highlights
- The North America time sensitive networking market generated a revenue of USD 151.2 million in 2024.
- The market is expected to grow at a CAGR of 44.3% 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 151.2 million |
| Market revenue in 2030 | USD 1,155.1 million |
| Growth rate | 44.3% (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 |
| 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, North America region accounted for 35.8% of the global time sensitive networking market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,114.4 million by 2030.
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Time Sensitive Networking Market Scope
Time sensitive networking market segmentation & scope
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 |
|---|
North America time sensitive networking market size, by country, 2018-2030 (US$M)
North America Time Sensitive Networking Market Outlook Share, 2024 & 2030 (US$M)
Related regional statistics
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