The global time-sensitive networking market to grow from USD 0.2 billion in 2022 to USD 1.7 billion in 2028 at a CAGR of 58.3% during the forecast period. The rising demand of automation in industrial application along with along with digitization across the globe, are the major driving factors for the growth of the time-sensitive networking market.
Time-Sensitive Networking companies include:
These players have adopted various growth strategies to strengthen their position in the time-sensitive networking market. The strategies include product launches, expansions, partnerships, collaborations, and mergers and acquisitions.
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Cisco Systems, Inc. (US)
Cisco Systems, Inc. (US) is a company that designs, manufactures, and markets various networking hardware, software, and telecommunications equipment. The products and services offered by the company include switching, next-generation network (NGN) routing, collaboration, data center, wireless, service provider video, and security applications, along with various services like technical support and advisory services. Cisco Systems, Inc. (US) has been focusing on product launches and collaborations to diversify its product portfolio. It has presence in North America, Europe, Asia Pacific, and the Middle East and Africa.
Belden Inc. (US)
Belden Inc. (US) is a global company that designs, produces, and markets signal transmission solutions. It operates in two segments, namely Enterprise Solutions and Industrial Solutions, catering to different industries. The Enterprise Solutions division offers network infrastructure, cabling, and connectivity solutions for commercial audio/video and security applications. The company has focused on adopting organic and inorganic strategies to sustain its position in the TSN market. This includes various product launches and developments, as well as acquisitions. Across the Americas, Europe, the Middle East and Africa, and Asia-Pacific, the company conducts business.
Texas Instruments Incorporated (Germany)
Texas Instruments Incorporated (US) is a global semiconductor company that designs and manufactures a broad range of analog and embedded processing products. Company’s analog and embedded processing products are used in a wide variety of applications, including automotive, industrial, communications, and personal electronics. The company a focuses on organic growth strategies to strengthen its position in the market. It operates in North America, Europe, South America, Asia Pacific, and Middle East and Africa.
Marvell Technology Group Ltd. (US)
Marvell Technology Group Ltd. (US) is a provider of semiconductor solutions and high-performance data infrastructure products. The company operates in two segments including data center and enterprise networking. It designs, develops, and markets a wide range of integrated circuits, including analog, mixed-signal, digital signal processing, and embedded and standalone solutions. The company has been focusing on expanding its product portfolio through product launches and developments. It operates in North America, Europe, South America, Asia Pacific, and Middle East and Africa.
Related Reports:
Time-Sensitive Networking Market by Type (IEEE 802.1 AS, IEEE 802.1 Qbv, IEEE 802.1 CB, IEEE 802.1 Qbu), Component (Switches, Hubs Routers &Gateways, Controllers & Processors, Isolators & Convertors), End User, Region - Global Forecast to 2028
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