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.
Avail customized purchase options for your needs
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.
An Adaptive Approach to Modern-day Research Needs
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.
Interested to Procure The Data
- FAQs -
Need an Exclusive Report for your Unique Requirement?
- Our Clients -
- Evaluate How Fact.MR's Report Can Help. -
Is the market research conducted by Fact.MR?
Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
What research methodology is followed by Fact.MR?
Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
What are the sources of secondary research?
Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.
Who are the respondents for primary research?
Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.
Is a sample of this report available for evaluation?
Yes, you can request a sample, and it will be sent to you through an email.