The global PTP Server market is expected to grow at a significant CAGR during the forecast period (2021-2027). PTP stands for precision time protocol, and it is a protocol for synchronising clocks across a computer network. PTP domain refers to the network on which the PTP protocol is deployed. In the PTP domain, there is only one synchronous clock, and all devices in the domain are synced with it. The increase in RandD of therapeutic vaccines is one of the primary causes driving the global PTP server market growth over the next several years. 

Expanded illness diagnostic techniques, as well as increased research on combination medicines, will drive market demand. Due to the essentially asynchronous, non-deterministic character of packet-based networks, precise timing becomes more challenging with the switch to IP networks for all components of the signal processing pipeline. The IEEE 1588 Precision Time Protocol provides a solution by giving a very accurate and reliable time base for all types of signals in modern media operations when applied properly. With precise time distribution, the requirement for setting clocks across different devices is eliminated, similar to systems that run NTP but substantially more accurate.

PTP servers are used for various applications including media applications. With precision levels of more than 1 microsecond, PTP provides far more precision is required for video synchronisation, as well as plenty of room for audio applications. For a 96 kHz audio stream, PTP may deliver the precision better than one-tenth of a sample period, which is acceptable for any known practical application. Synchronize various places, PTP grandmasters are frequently linked to GPS signals, allowing them to send accurate clock signals to multiple locations, even if they are hundreds of miles apart. Each location can share precisely synced video and audio signals with other locations since they all utilise the same SMPTE Epoch and a clock that is fixed to the same GPS reference. This eliminates the need to distribute a sync signal from one place to another.

Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered
• Regions Covered- Globally

Competitive Landscape: EKOSinerji Corp, Brandywine Communications Corp, Meinberg Corp., Microchip Technology, Seiko Solutions, among others. 

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominates the market in base year?
• Which segment and region will project fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from pre-COVID forecast

o Most affected region and segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global PTP Server Market by Segment

By Product Type

• Local Network Time Server

• Internet Time Server

By Application 

• Financial

• Power Grids

• Telecom

• Air Traffic Control

• Others 

Global PTP Server Market by Region