Market Overview:
The global PTP servers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for synchronization of time-sensitive data across different applications and regions. In addition, the growing need for accuracy and precision in time-based operations is also contributing to the growth of this market. The global PTP servers market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into ordinary clock and boundary clock. Ordinary clocks are used for general synchronization purposes, while boundary clocks are used specifically for synchronizing data between two or more networks that have a defined boundary between them. On the basis of application, financial institutions accounted for majority share in 2017 owing to stringent regulations mandating accurate timestamping across various financial processes such as securities trading and settlement etcetera . However , with increasing adoption rates o f PTP technology by telecom operators Air Traffic Control (ATC) systems are expected t o witness highest CAGR during forecast period . Regionally , North America held largest share in 2017 followed by Europe due t o presence o f large number o f sync server manufacturers along with developed IT infrastructure .
Product Definition:
PTP servers are used to synchronize time between network devices. This is important for ensuring that data is properly synchronized and accurate across all devices.
Ordinary Clock:
An ordinary clock is a timepiece that displays the regular or basic time of day. It is also known as an analog clock, which makes it different from a digital or precise clock. The term “ordinary” in the name refers to its function and not its appearance since there are many types of clocks with appearances varying from simple to complex.
Boundary Clock:
The Boundary clock is a mechanism that keeps track of the time at two ends and provides accurate results. It helps in improving communication between devices connected to a network by synchronizing their clocks. The device used as a boundary clock is called a Synchronous Digital Hierarchy (SDH) or Synchronous Optical Networking (SONET) clock, which consists of an optical or electrical device coupled with an RF module for providing timing services.
Application Insights:
The telecom segment dominated the global PTP servers market in terms of revenue share in 2017. The growing demand for low-latency networks is a key factor driving the growth of this segment. Moreover, increasing number of 5G network rollouts is expected to drive the demand further over the forecast period.
The air traffic control (ATC) segment accounted for a significant share in 2017 and is projected to grow at a healthy rate over the forecast period owing to its criticality required time accuracy and precise flight management applications. The financial sector requires highly accurate time keeping services that can be provided by PTP clocks, thereby propelling their adoption across banks, stock exchanges and other institutions globally.
Regional Analysis:
Asia Pacific regional market dominated the global PTP servers market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a revenue share of more than 35% in 2016 owing to increasing demand from emerging economies such as China, India, and Japan. Moreover, rising investments by governments for modernization of infrastructure are anticipated to drive regional growth over the forecast period.
The Asia Pacific PTP server industry is projected to grow at a CAGR exceeding 7% during the forecast period owing to increasing adoption across industries such as transportation & logistics (T&L), utilities distribution & transport (UTD&T), financial services sector, healthcare facilities etc., which require high-precision timekeeping devices for accurate scheduling and efficient management of resources.
Europe was estimated at USD X million in 2016.
Growth Factors:
- Increasing demand for big data and analytics: The need for faster, more efficient ways to collect, store, and analyze large amounts of data is driving the growth of the PTP servers market. Organizations are looking for solutions that can help them make better decisions quickly and improve their business performance.
- Proliferation of cloud-based services: Cloud-based services are becoming increasingly popular among businesses due to their scalability and flexibility. They offer a number of benefits such as reduced costs, improved efficiency, and increased agility. This is contributing to the growth of the PTP servers market.
- Emergence of new applications: The growing demand for innovative applications is fueling the growth of the PTP servers market. New applications such as big data analytics, Internet of Things (IoT), artificial intelligence (AI), machine learning (ML), etc., require high-performance computing capabilities which can be delivered by PTP servers products/solutions .
Scope Of The Report
Report Attributes
Report Details
Report Title
PTP Servers Market Research Report
By Type
Ordinary Clock, Boundary Clock
By Application
Financial, Power Grids, Telecom, Air Traffic Control, Others
By Companies
EKOSinerji, Brandywine Communications, Meinberg, Masterclock, Tekron, Microchip Technology, Seiko Solutions, Elproma, Spectracom, Oscilloquartz, EKOSinerji, FEI-Zyfer, EndRun Technologies, Trimble
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global PTP Servers Market Report Segments:
The global PTP Servers market is segmented on the basis of:
Types
Ordinary Clock, Boundary Clock
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Financial, Power Grids, Telecom, Air Traffic Control, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- EKOSinerji
- Brandywine Communications
- Meinberg
- Masterclock
- Tekron
- Microchip Technology
- Seiko Solutions
- Elproma
- Spectracom
- Oscilloquartz
- EKOSinerji
- FEI-Zyfer
- EndRun Technologies
- Trimble
Highlights of The PTP Servers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ordinary Clock
- Boundary Clock
- By Application:
- Financial
- Power Grids
- Telecom
- Air Traffic Control
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PTP Servers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PTP Servers are a type of server that is used to manage time. They can be used to synchronize the time on multiple devices, or they can be used to control the timing of events.
Some of the major companies in the ptp servers market are EKOSinerji, Brandywine Communications, Meinberg, Masterclock, Tekron, Microchip Technology, Seiko Solutions, Elproma, Spectracom, Oscilloquartz, EKOSinerji, FEI-Zyfer, EndRun Technologies, Trimble.
The ptp servers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PTP Servers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 PTP Servers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PTP Servers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the PTP Servers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global PTP Servers Market Size & Forecast, 2018-2028
4.5.1 PTP Servers Market Size and Y-o-Y Growth
4.5.2 PTP Servers Market Absolute $ Opportunity
Chapter 5 Global PTP Servers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 PTP Servers Market Size Forecast by Type
5.2.1 Ordinary Clock
5.2.2 Boundary Clock
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global PTP Servers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 PTP Servers Market Size Forecast by Applications
6.2.1 Financial
6.2.2 Power Grids
6.2.3 Telecom
6.2.4 Air Traffic Control
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PTP Servers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 PTP Servers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America PTP Servers Analysis and Forecast
9.1 Introduction
9.2 North America PTP Servers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America PTP Servers Market Size Forecast by Type
9.6.1 Ordinary Clock
9.6.2 Boundary Clock
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America PTP Servers Market Size Forecast by Applications
9.10.1 Financial
9.10.2 Power Grids
9.10.3 Telecom
9.10.4 Air Traffic Control
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe PTP Servers Analysis and Forecast
10.1 Introduction
10.2 Europe PTP Servers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe PTP Servers Market Size Forecast by Type
10.6.1 Ordinary Clock
10.6.2 Boundary Clock
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe PTP Servers Market Size Forecast by Applications
10.10.1 Financial
10.10.2 Power Grids
10.10.3 Telecom
10.10.4 Air Traffic Control
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific PTP Servers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific PTP Servers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific PTP Servers Market Size Forecast by Type
11.6.1 Ordinary Clock
11.6.2 Boundary Clock
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific PTP Servers Market Size Forecast by Applications
11.10.1 Financial
11.10.2 Power Grids
11.10.3 Telecom
11.10.4 Air Traffic Control
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America PTP Servers Analysis and Forecast
12.1 Introduction
12.2 Latin America PTP Servers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America PTP Servers Market Size Forecast by Type
12.6.1 Ordinary Clock
12.6.2 Boundary Clock
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America PTP Servers Market Size Forecast by Applications
12.10.1 Financial
12.10.2 Power Grids
12.10.3 Telecom
12.10.4 Air Traffic Control
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) PTP Servers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) PTP Servers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) PTP Servers Market Size Forecast by Type
13.6.1 Ordinary Clock
13.6.2 Boundary Clock
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) PTP Servers Market Size Forecast by Applications
13.10.1 Financial
13.10.2 Power Grids
13.10.3 Telecom
13.10.4 Air Traffic Control
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 PTP Servers Market: Competitive Dashboard
14.2 Global PTP Servers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 EKOSinerji
14.3.2 Brandywine Communications
14.3.3 Meinberg
14.3.4 Masterclock
14.3.5 Tekron
14.3.6 Microchip Technology
14.3.7 Seiko Solutions
14.3.8 Elproma
14.3.9 Spectracom
14.3.10 Oscilloquartz
14.3.11 EKOSinerji
14.3.12 FEI-Zyfer
14.3.13 EndRun Technologies
14.3.14 Trimble
