Serial Device Server Market

Serial Device Server Market Analysis by Wired and Wireless for Access Control Systems, Attendance Systems, and POS Systems from 2023 to 2033

Analysis of Serial Device Server Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Serial Device Server Market Outlook (2023 to 2033)

As per a recently published research report by Fact.MR, serial device servers are a prominent segment of the networking & connectivity market. Worldwide sales of serial device servers are estimated at US$ 244.78 million in 2023. The report projected the global serial device server market to advance at a CAGR of 6.5% and reach a value of US$ 459.5 million by 2033-end.

Serial device servers offer solutions for the connection and management of serial devices in network infrastructures. They are essential components for industries that depend on legacy serial communication protocols, including RS-422, RS-485, RS-232, etc. These servers are integrated into modern technologically advanced IP-based networks similar to serial console servers.

Key Market Growth Drivers

  • Growing need for remote monitoring, data acquisition, and control of multiple equipment and devices in industries, including healthcare, utilities, manufacturing, etc., are driving demand for serial device servers.
  • Automation in various industrial processes is fueling demand for serial device servers to enable the integration of conventional serial-based industrial devices into networked systems.

The global market is predicted to grow at a fast pace with increasing modernization in several industry verticals, including retail, energy & utility, industrial automation, etc. Moreover, there is a growing need to establish the connection of legacy devices to a well-established networked environment. Deploying a serial device server assists in decreasing workstation clutter and offers an architect for placing serial devices on computers.

  • Worldwide demand for serial device servers with less than two ports is predicted to rise at a CAGR of 5.1% through 2033.
  • Sales of serial device servers for access control systems are forecasted to increase at 6.3% CAGR from 2023 to 2033.

Serial device servers assist in increasing uptime and availability by offering seamless protection during power input failure. Installation and operation of serial device servers are effortless. Serial-to-LAN adapters or serial device servers provide an interface that is required for the serial deployment on devices with a comprehensive working environment. Therefore, growing emphasis on the deployment of devices with easy installation and configuration is projected to open up lucrative opportunities for providers of serial device servers.

Report Attributes Details
Serial Device Server Market Size (2022A) US$ 229.7 Million
Estimated Market Value (2023E) US$ 244.78 Million
Forecasted Market Value (2033F) US$ 459.5 Million
Global Market Growth Rate (2023 to 2033) 6.5% CAGR
Access Control Segment Growth Rate (2023 to 2033) 6.3% CAGR
Sales Growth of Serial Device Servers with Less Than Two Ports (2033) 5.1% CAGR
Key Companies Profiled
  • MOXA Technologies Co., Ltd.
  • Mencom Corporation
  • QUATECH, Inc.
  • Perle Systems
  • Advantech Co., Ltd.
  • Siemens Industrial Communication
  • 3onedta
  • Silex Technology America, Inc.
  • ORing Industrial Networking Corporation
  • Atop Technologies Inc.

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What are the Principal Factors Driving the Serial Device Server Market?

“Heavy Investments in Technological Advancements in Several Countries”

Vendors are providing serial device servers while investing a handsome amount in providing advanced servers. Several companies are working to provide devices at economical prices. In addition, they are also offering highly efficient devices that can connect to multiple devices.

For example :

  • MOXA Technologies Co. Ltd. is a supplier of products used for industrial networking. The company invested a significant amount in the development of user-friendly and innovative products in 2022.

“Increasing Use of Data Centers and Cloud Storage”

Rising internet penetration and multi-device ownership are predicted to boost the adoption of different types of cloud services. Therefore, users are opting for an easy interface to store and share videos, photos, and music.

With an increasing amount of data generation, the need to create storage spaces is predicted to ultimately lead to increased sales of serial device servers across geographies. Therefore, increasing utilization of cloud storage and data centers is driving opportunities for players. In addition, many governments around the world are also taking initiatives to adopt digitalization, which is also driving market growth.

Serial Device Server Market Size, Share, Trends, Growth, Demand and Sales Forecast Report by Fact.MR

How Can Demand Growth for Serial Device Servers Be Dented?

“Concerns Related to Data Privacy and Security”

Increasing concerns related to security is one of the paramount issues faced by end users. Increasing deployment of these devices necessitates a focus on ensuring security.

Serial device servers extend the connectivity of several previously isolated equipment, which increases the potential chances of cyber threats. Malicious actors and hackers are constantly looking for vulnerabilities in different networked devices. Certain software vulnerabilities in these serial device servers may jeopardize the confidentiality and integrity of data in the event of a security breach.

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What are the Opportunities for New Companies in This Market?

“Focus on Integration of AI into Serial Device Servers”

Substantial advancements in various cutting-edge technologies like machine learning and artificial intelligence (AI) and the establishment of new secure connection standards are expected to support the adoption of serial device servers. Evolution of remote monitoring, secure connections, and management in industrial environments is likely to fuel the appeal of serial device servers. Start-ups have the opportunity to invest in these advanced technologies to deliver more efficient solutions to consumers.

Country-wise Insights

In North America, demand for serial device servers from many industries, including transportation, manufacturing, and healthcare, is projected to drive market growth. Increasing reliance of industrial automation systems and medical equipment on serial devices necessitates remote access, which in turn contributes to revenue streams.

Growing digitalization in operations across emerging economies in Asia Pacific is also driving demand for serial device servers, according to a report published by Fact.MR, a market research and competitive intelligence provider.

Why is Demand for Serial Device Servers Increasing across the United States?

“Rising Expenditure on Security in Commercial and Residential Sectors”

The United States market is anticipated to contribute to increasing sales of serial device servers owing to their demand from different sectors, including security systems, and manufacturing. Growing need for computer numerical control machines (NCMs) in the manufacturing sector, driven by the growing demand for automation in production processes, is creating opportunities for industry players.

Which European Markets are Generating Significant Revenue Streams for Companies?

“Noteworthy Contribution of United Kingdom and Germany with Presence of Key Players”

Presence of a large number of players in countries from the European region is estimated to drive market growth. Siemens AG, Spectris Plc, and PHONIX CONTACT GmbH & Co., KG are some pivotal players operating in the United Kingdom and Germany.

Which Countries from Asia Pacific are Attracting Providers of Serial Device Servers?

“Rising Popularity of Home Theater Systems in China, Japan, and South Korea”

Countries in Asia Pacific, including South Korea, Japan, and China, are predicted to experience significant growth opportunities. Certain factors, including the rising popularity of advanced home theater systems and initiatives for infrastructure development by respective governments, are projected to boost the adoption of various cutting-edge technologies, including serial device servers.

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Category-wise Insights

Increasing adoption of access control systems by enterprises of different sizes is projected to bolster sales of serial device servers at a CAGR of 6.3% through 2033. Further, worldwide demand for serial device servers with less than two ports is predicted to increase at a 5.1% CAGR from 2023 to 2033 due to their cost-effectiveness compared to other options.

Which Type of Serial Device Server is Most Widely Used?

“Cost-effectiveness of Serial Device Servers with Less Than Two Ports Boosting Their Sales”

Worldwide sales of serial device servers with less than two ports are forecasted to increase at a CAGR of 5.1% from 2023 to 2033. Their increased demand is attributed to their cost-effectiveness, which makes them an ideal option for medium and small businesses.

What is the Contribution of Access Control Systems to Market Expansion?

“Wide Use of Serial Device Servers in Access Control for Effective Personnel Management”

Access control systems are expected to play a substantial role in contributing to the revenue stream, and their sales are projected to register 6.3% CAGR from 2023 to 2033. Growing adoption of access control systems by large-, medium-, and small-scale enterprises for personnel management is forecasted to bolster demand for serial device servers in the coming decade.

Key Market Players

Companies operating in the global market are investing in new developments, ensuring quality control of products, efficient management of supply chain systems, etc.

Key suppliers of serial device servers include MOXA Technologies Co., Ltd., Mencom Corporation, QUATECH, Inc., Perle Systems, Advantech Co., Ltd., Siemens Industrial Communication, 3onedta, Silex Technology America, Inc., ORing Industrial Networking Corporation, and Atop Technologies Inc.

Segmentation of Serial Device Server Market Research

  • By Type :

    • Wired
    • Wireless
  • By Port :

    • Less Than 2 Ports
    • 4 Ports
    • 8 Ports
    • 16 Ports and Above
  • By Application :

    • Access Control Systems
    • Attendance Systems
    • POS Systems
  • By Region :

    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

- FAQs -

What was the size of the serial device server market in 2022?

The global serial device server market reached US$ 229.7 million in 2022.

What is the sales value of serial device servers in 2023?

Sales of serial device servers are estimated at US$ 244.78 million in 2023.

What is the predicted valuation of the global market by the end of 2033?

The serial device server market is anticipated to reach a value of US$ 459.5 million by 2023-end.

At what rate is the demand for serial device servers predicted to rise?

Demand for serial device servers is forecasted to rise at a CAGR of 6.5% from 2023 to 2033.

At what rate is the utilization of serial device servers in access control systems predicted to grow?

Use of serial device servers in access control systems is projected to rise at a CAGR of 6.3% through 2033.

What is the demand growth projection for serial device servers with less than two ports?

Demand for serial device servers with less than two ports is forecasted to increase at 5.1% CAGR from 2023 to 2033.

What are some examples of serial device servers?

Game servers, web servers, application servers, file servers, mail servers, print servers, and database servers are some examples of servers.

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Serial Device Server Market