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The Global Time-Sensitive Networking Market is expected to grow by $ 443.42 mn during 2020-2024 progressing at a CAGR of 39% during the forecast period

·2-min read

Global Time-Sensitive Networking Market 2020-2024 The analyst has been monitoring the time-sensitive networking market and it is poised to grow by $ 443. 42 mn during 2020-2024 progressing at a CAGR of 39% during the forecast period.

New York, Oct. 21, 2020 (GLOBE NEWSWIRE) -- announces the release of the report "Global Time-Sensitive Networking Market 2020-2024" -
Our reports on time-sensitive networking market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in number of smart connected devices, need to improve business efficiency and increasing dependency on the Internet. In addition, increase in number of smart connected devices is anticipated to boost the growth of the market as well.
The time-sensitive networking market analysis includes application segment and geographical landscapes

The time-sensitive networking market is segmented as below:
By Application
• Industrial automation
• Automotive
• Digital communication
• Power and energy
• Others

By Geographic Landscapes
• North America
• Europe
• South America

This study identifies the advent of smart cities as one of the prime reasons driving the time-sensitive networking market growth during the next few years. Also, the advent of integrated Industry 4.0 with IoT and increasing adoption of autonomous and electric vehicles will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our time-sensitive networking market covers the following areas:
• Time-sensitive networking market sizing
• Time-sensitive networking market forecast
• Time-sensitive networking market industry analysis

Read the full report:

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