The time-sensitive networking (TSN) market is expected to be worth USD 606.0 million
by 2024, growing at a CAGR of 53.8% considering that it will get commercialized
by 2019.
Key opportunities for this market are increasing testbed activities by
leading players and also rising OPC foundation activities for
TSN. The major factor driving the growth of the TSN market is the growing
adoption of Industrial IoT and Industry 4.0 solutions.
Key strategies adopted by
the major players in the time-sensitive networking market are partnerships, and
collaborations between 2014 and 2017 to grow in the market.
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Companies such as Cisco
Systems, Inc. (US), NXP Semiconductors N.V. (Netherlands), Marvell Technology
Group Ltd. (US), Microsemi Corporation (US), Intel Corporation (US), National
Instruments Corporation (US), and Xilinx, Inc. (US) have adopted these strategies
to focus on the innovation of products and enhance their product portfolio.
Cisco Systems Inc. (US) ranked
first in the TSN market in 2016. It designs and sells a broad range of products
and services for various applications. Cisco is a major player in the industry
and provides various routing, switching, and wireless products through its IoT
networking product portfolio. It offers a variety of switches for industrial
applications such as factory automation, intelligent transportation system,
substation automation, mining operations, oil & gas refining and delivery systems, and surveillance and
remote-monitoring functions.
Cisco is one of the active
members of Avnu Alliance Administration
and OPC Foundation. Cisco participated in the first TSN testbed, which was held
in June 2016 at National Instruments Corporation (US), with many other
companies such as Intel Corporation (US) and National Instruments Corporation
(US).
Also in May 2017, Cisco
participated in the second testbed where Cisco announced that it has added TSN
support IE4000 switch product to its switching portfolio. Furthermore, with
product launches and partnerships, the company aims to establish itself as a
leading player in the market.
NXP Semiconductors N.V.
(Netherlands) held the second position in the TSN market. NXP Semiconductors
N.V. is one of the leading global semiconductor companies and is an established
supplier in this industry. The company aims to strengthen its position in
connectivity solutions. The company merged with Qualcomm Inc. (US), which would
help the company to expand its microcontroller and processor solutions. The
company relies on strategic partnerships,
joint ventures, and alliances for manufacturing and R&D. It is one of the
leaders in secure connectivity solutions for embedded applications, for
instance, in March 2017, the company introduced its latest offering— QorIQ® Layerscape SoC.
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LS1028A integrates time-sensitive
networking (TSN) capabilities based on IEEE 802.1 standards and provides
TSN-enabled Ethernet switch and Ethernet controllers to support converged IT
and OT networks. NXP is driving innovation
in the secure connected vehicle,
end-to-end security & privacy, and smart connected solutions markets.
Other companies
operating in the time-sensitive networking market are Marvell Technology Group
Ltd. (US), Microsemi Corporation (US), Intel Corporation (US), National
Instruments Corporation (US), Xilinx, Inc. (US), Analog Devices, Inc. (US),
Broadcom Limited (Singapore), Belden Inc. (US), Renesas Electronics Corporation
(Japan), and TTTech Computertechnik AG (Austria).
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