Time Sensitive Networking Market Outlook 2026 By Component, Size, Share, Trends, Opportunity and Forecast
According to TechSci Research, Global Time Sensitive Networking Market was valued at USD219.90 million in 2020 and is projected to grow around USD1014.44 million by 2026. Rising demand for industrial internet of things, high data transmission rates, growing demand for vehicle safety communication measures, increased industrial automation and robotics is expected to positively influence the Global Time Sensitive Networking Market in the coming years . Global Time Sensitive Networking Market is segmented into component, application, and region. Based on component, the market is segmented into switches, hubs, routers & gateways, controller & processors, isolators & convertors, connectors, communication interfaces and others . Switches segment held the market share of 51.94% in the year 2020 and is expected to dominate the market in the forecast period. Time sensitive network switches are being widely adopted in industrial applications due t...