Serial Device Server Market – Increasing Demand of cost effective solutions is key driving factors for revenue growth: Global Industry Analysis and Opportunity Assessment, 2018-2027
Earlier, the terminal server products were large and required many resources for processing. With the development of technology, new integrated circuit designs were made, through which the size of terminal servers was reduced. This led to the development of a serial device server that are cost-efficient solutions with compact size.
A serial device server provides the functionality of transferring data between computer serial port (COM port) and Ethernet local area network.
With the help of this, the industries are able to utilize the Ethernet network in place of serial cables. The use of serial device server helps to decrease the workstation clutter and provide an architect to place the serial devices at long distances from the computers in which they are used. The Serial port servers provide flexibility to be used with all type of serial devices and peripherals such as printers, scanner, and other peripherals.
The serial device server are available in two networking configurations namely wired and wireless.
These servers are widely used to connect equipment’s too diversified applications. The serial device server offer multi-port connections options over Ethernet with connectivity. The serial server finds application in enabling a serial device to be placed in a network and function independent of the serial port of the computer to develop connectivity. Since the server is independent of the port, therefore it provides the flexibility to the device to be connected and accessed anywhere in the network.
On the basis of type, the market can be categorized as 1 port, 2 port, 4 port, 8 port, 16 port, and other port. The 4 port segment market is expected to register a significant CAGR of 9.6% in the serial device server market.
The Europe region is expected to register relatively low growth in the Serial Device Server market, as the Serial Device Server industry is already developed in the region and market has achieved growth in the product lifecycle. APEJ market is developing at a rapid pace with an increasing application of access control systems and POS systems leading to high adoption of serial device server.
In terms of revenue, the global serial device server market is expected to represent an incremental opportunity of US$ 76.1 Mn by 2018 end over 2027.
The serial device server are highly efficient devices that increase the flexibility of data transfer in a networked environment. These devices allow transparent transfer of data from Ethernet of Serial Device Server to a serial interface.
The serial device server helps in increasing the availability and uptime by providing seamless protection in case of power input failure. The serial device server is very easy to install and operate. They also provide various installation options to end-users. Such factors are driving the adoption of serial device server in the market.
Serial device server or Serial-to-LAN adapters offers an interface that is necessary to enable the deployment of serial only devices in a fully networking environment.
The industries are focusing on the deployment of the devices which are easy to install and configure. Since no extra programming effort is required at the host computer, it drastically reduces software development costs. Serial device server also offers secure industrial networking.
Thus, the growing demand for cost-effective solutions by industries is expected to drive market growth of serial device server during the forecast period.
The vendors offering serial device server are investing huge amounts in offering advanced serial device server.
The companies are aiming to offer the devices which are low in cost and highly effective and can connect a maximum number of devices. For instance, MOXA Technologies Co., Ltd., a provider of industrial networking products, focuses on investing million dollars each year in developing innovative and user-friendly serial device server and other products.
Thus, rising vendor investment in serial device server is expected to contribute significantly to the market growth during the forecast period.
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Analysis by Region:
On the basis of region, the global Serial Device Server market is segmented into North America, Latin America, Europe, Japan, Asia-Pacific excluding Japan(APEJ) and MEA.
Among these regions, the APEJ serial device server market is projected to exhibit relatively higher growth in the global serial device server market with a CAGR of over 8.7% during the forecast period.
Revenue from the serial device server market in North America and Europe is expected to collectively account for more than 50% of the global serial device server market revenue in 2018.
Key competitors in Serial device server market are MOXA Technologies Co., Ltd., QUATECH, INC., Mencom Corporation, Perle Systems, Siemens Industrial Communication, Advantech Co., Ltd., Comtrol Corporation, 3onedata, Atop Technologies Inc., Silex Technology America, Inc., and ORing Industrial Networking Corporation.
Vendors in the serial device server market are focusing on launching new products with advanced features to gain a competitive edge in the market. In December 2017, Perle Systems, a serial device server manufacturer, announced the launch of two new offerings in its portfolio.
The company launched IOLAN SDG8 and IOLAN STG8, a serial device server and a secure terminal server.
Serial Device Server Market – Increasing demand of cost effective solutions is anticipated to Witness Revenue Growth: Global Industry Analysis and Opportunity Assessment, 2018 – 2027- Fact.MR
The serial device server market is envisioned to observe a palatial rise in the forecast period from 2018 to 2027, according to a new Fact.MR study.
The study propounds key trends that are currently shaping the growth of the serial device server market. This newly published and insightful report barn light on key dynamics, which are expected to transform future of the serial device server market, in turn, creating flourishing avenues for prominent companies as well as emerging players associated with the manufacturing of serial device server.
The serial device server market study is a sinuous market intelligence on key revenue growth drivers, challenges, industry trends, and opportunities, which will eventually influence the growth trajectory of the serial device server market.
The report initially imparts an overview of the serial device server market, considering current and prospects in the networking and communication devices growth, to unveil attractive facets appertaining to the adoption of serial device server across key regional markets.
An in-depth assessment on few of the serial device server manufacturers offered in the report enables the report readers to gain detailed insights that are derived from the serial device server manufacturers across the regional markets incorporated in the report.
A list of key companies operating in the serial device server market provided in the report adds to the credibility of this exhaustive research study.
Serial Device Server Market: Report Summary and Scope
The study offers detailed intelligence on different factors influencing demand, sales and revenue generation in the serial device server market around the globe.
The opportunity analysis included in the report is beneficial for the readers to understand better opportunities in the sector, which will, in turn, trigger the adoption of the serial device server.
A detailed forecast on the serial device server market has also been offered by the analysts, who have categorized the market forecasts in terms of a likely scenario, conservative scenario, and an optimistic scenario regarding production and sales of the serial device server during the period of forecast.
Segmentation based on the most attractive sites of the serial device server market has been provided in the form of a taxonomy table in the report.
Serial Device Server Market: Analysis on Market Size Evaluation
Current and future prospects of the serial device server market, containing current, as well as future projected values and volume forecast and analysis on region-wise demand trends, have been incorporated in the report.
Assessment offered on the factors mentioned above are comprehensive and dedicated weighted chapters have been delivered on the same.
Market value at a global and regional scale and volume at a global scale for the serial device server is offered in terms of “(US$ Mn)” and “(units)”. A Y-o-Y growth comparison on key serial device server market segments, along with the market attractiveness assessment quantifies insights delivered in the report.
Aforementioned metrics are also tracked based on serial device server type, application and sales channel where serial device server witnesses high demand.
Serial Device Server Market: Scrutinized Assessment on Regional Segments
Weighted chapters have been included in the report on the serial device server market, which imparts forecast on the regional markets.
These chapters illuminate the regional macros (business, economic, and political environment outlook), which are most likely expected to have a significant impact on the growth of the serial device server market in the near future.
Country-specific assessment on demand for the serial device server has been provided for each regional market, along with the market size valuation and forecast, and impact analysis of key regional and country-wise dynamics.
The Y-o-Y growth projections have also been offered on all regional markets incorporated in the report.
Serial Device Server Market: In-depth Analysis on Competitive Landscape
The report concludes with a weighted chapter on the competitive landscape of the serial device server market, which profiles key companies contributing to the market expansion.
Up-to-date and important data as well as knowledge related to the market players, who predominantly engage in the production and distribution of the serial device server, has been delivered with the help of a dashboard view.
Market share comparison and analysis on these market players offered in the report enables the report readers to devise strategic steps forward for their businesses.
Company profiles are also incorporated in the report, which exerts company details along with a comprehensive product offering by each player identified.
The intensity mapping of the market players operating in the serial device server market provides readers with actionable intelligence, which helps in understanding the current market status, and prospects determining the competition levels in the serial device server market.
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