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Time-sensitive Networking Market worth $1,188 million by 2026 - Exclusive Report by MarketsandMarkets™
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Time-sensitive Networking Market worth $1,188 million by 2026 - Exclusive Report by MarketsandMarkets
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The Global Time Sensitive Networking Market is expected to grow at an impressive rate during the forecast period.
The Global Time Sensitive Networking Market is driven by the increasing interest in the industrial IoT and its related data, the high demand for the industrial automation application from the various segment such as machine-to-machine communication and motion control applications.
Additionally, supportive government policies and regulations pertaining to safety and environmental hazards can further propel the market growth through 2026. Furthermore, increasing investments and new product launches by the key vendors operating in the market is expected to create lucrative opportunities for the market growth over next few years. However, inability of time sensitive networking standards to provide customized solutions can hamper the market growth over the next few years.