Asia Pacific Time Sensitive Networking Market Size & Outlook
The time sensitive networking market in Asia Pacific is expected to reach a projected revenue of US$ 1,114.4 million by 2030. A compound annual growth rate of 47.7% is expected of Asia Pacific time sensitive networking market from 2025 to 2030.
Revenue, 2024 (US$M)
$127.1
Forecast, 2030 (US$M)
$1,114.4
CAGR, 2025 - 2030
47.7%
Report Coverage
Asia Pacific
Related Markets
Asia Pacific time sensitive networking market highlights
- The Asia Pacific time sensitive networking market generated a revenue of USD 127.1 million in 2024.
- The market is expected to grow at a CAGR of 47.7% 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, South Korea is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 127.1 million |
| Market revenue in 2030 | USD 1,114.4 million |
| Growth rate | 47.7% (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, Asia Pacific region accounted for 30.1% 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
Time Sensitive Networking Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Spirent Communications PLC | View profile | 1526 | 108 High Street, Origin One, Crawley, West Sussex, United Kingdom, RH10 1BD | https://corporate.spirent.com |
| Belden Inc | View profile | 8000 | 1 North Brentwood Boulevard, 15th Floor, St. Louis, MO, United States, 63105 | https://www.belden.com |
| Advantech | View profile | 5001-10000 | Taipei, T'ai-pei, Taiwan, Asia | http://www.advantech.com |
| Berkshire Hathaway Inc Class A | View profile | 396500 | 3555 Farnam Street, Omaha, NE, United States, 68131 | https://www.berkshirehathaway.com |
| TTEC Holdings Inc | View profile | 60000 | 6312 South Fiddler’s Green Circle, Suite 100N, Greenwood Village, CO, United States, 80111 | https://www.ttec.com |
| HMS Networks AB | View profile | 1200 | Stationsgatan 37, Box 4126, Halmstad, Sweden, SE-300 04 | https://www.hms-networks.com |
| Microchip Technology Inc | View profile | 22600 | 2355 West Chandler Boulevard, Chandler, AZ, United States, 85224-6199 | https://www.microchip.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Texas Instruments Inc | View profile | 34000 | 12500 TI Boulevard, Dallas, TX, United States, 75243 | https://www.ti.com |
| Emerson Electric Co | View profile | 67000 | 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 | https://www.emerson.com |
| Mitsubishi Electric Corp | View profile | 149134 | Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8310 | https://www.mitsubishielectric.com |
Asia Pacific time sensitive networking market size, by country, 2018-2030 (US$M)
Asia Pacific Time Sensitive Networking Market Outlook Share, 2024 & 2030 (US$M)
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