Serial Console Server Market Overview
The global serial console server market is set to witness mounting growth over the coming years, as a result of increasing automation and digitalization. Serial console servers are use in data centers for enabling the secure remote management of devices, including routers, switches, and firewalls.
Advancing demand for cloud services has resulted in the development of numerous data centers across the globe. This is facilitating growth opportunities for the serial console server market. Mounting number of hyper scale and colocation data centers has given a boost to the expansion of the serial console server market size over the recent past.
Rise in smartphone usage coupled with increasing Internet users due to affordable connectivity are primary factors boosting the growth of end users for cloud services. Industries are increasingly adopting these management solutions as they provide convenience and increase productivity.
Advancements in technology such as artificial intelligence and machine learning are anticipated to provide significant growth opportunities to the market. The aforementioned factors are slated to lend an impressive growth rate of 7% to the serial console server market over the forecast period (2020-2030).
Serial Console Server Market Insights by Number of Ports
Advancing IT industry and increasing digitalization have resulted in opening numerous market opportunities for the serial console server market. With numerous advantages such as pay-as-you-go, auto provisioning, scaling and descaling, cloud deployment models are poised to gain traction in the years to come. These cloud centers use serial console servers for managing their data centers on a large scale, and hence, demand for more than 64 port serial console servers are gaining rapid market traction.
However, the market for 16-32 port serial console servers is expected to create an absolute $ opportunity of US$ 2.3 Bn over the forecast period. The 2-16 port console server segment is set to lose its market share during the forecast period, amid increasing demand for products with expanded capacity.
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Serial Console Server Market Insights by Model
The choice of opting for a desired model depends on the number of racks and data center capacity. Availability of leading cloud service providers across web-based and application platforms has been of particular significance. This is not only catering to demand in developing countries from tier-I and tier-II cities, but also penetrating new demographics. Commercial serial console server models are set to progress at an impressive CAGR of 7.5% from 2020-2030. However, industrial models in the serial console server market are expected to lose 180 BPS in 2030 over 2020.
Serial Console Server Market Insights by End User
Enterprise users are expected to account for nearly one-third of the serial console server market share by 2030-end. With increasing number of education and healthcare institutes, the need for better customer management and promotion activities will give a boost to enterprise users. Furthermore, surge in the number of cloud service providers has resulted in significant demand for serial console servers. Cloud service providers, as end users, will account for one-fourth of the market share by the end of 2030.
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Regional Outlook of Serial Console Server Market
North America is seen as the most lucrative region in the global serial console server market, backed by the advancing IT and telecommunication industry in the U.S. and Canada. Furthermore, regional trends, regulatory policies, and product specifications play an important role in the development of the North America serial console server market. In particular, the U.S. market is poised to expand at a CAGR of 8.5%, and create an absolute $ opportunity of US$ 5.5 Bn over the forecast period.
Key companies active in serial console server market are increasingly viewing North America and East Asia from a target market perspective, on the back of increasing number of enterprise level data centers in these regions. Furthermore, the Europe serial console server market is expected to create an absolute $ opportunity of US$ 2.3 Bn by 2030. However, the Asia Pacific region is seen as an emerging market with increasing popularity of cloud services in China, South Korea, Japan, Australia, New Zealand, and India.
Serial Console Server Market Competitive Analysis: Key Players to Focus on Acquisition of Regional Players
Prominent market players such as Opengear, Inc, Vertix, Cisco, Lantronix, Inc., Aten International Co., Hewlett Packard Enterprise, Perle, Raritan Inc., Digi International Inc., Black Box Corporation, and Tripp Lite are focusing on product innovation and product launches to gain a significant share in the serial console server market during the forecast period.
For instance, in 2020, Aten International Co. launched 16 and 32 port serial console servers for data centers for render convenient installation, secure serial device access, easy management, and comprehensive control of data centers. Furthermore, global players such as Cisco and HP are focusing on vertical integration to gain market share and extend their product portfolios.
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COVID-19 Impact on Serial Console Server Market
The spread of coronavirus has crippled the entire world. Nearly all countries have imposed lockdowns and strict social distancing measures. This has resulted in the disruption of supply chains. Furthermore, increasing concerns with respect to social distancing and emergence of the work from home culture has given a boost to cloud service providers. However, serial console servers are experiencing descending demand amid travel and supply restrictions.
The Analyst’s Viewpoint
“The serial console server market will continue to witness strong growth, as an aftereffect of the advancing IT industry and mounting demand from cloud service providers.”
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Serial Console Server Market: Scope of the Report
Fact.MR published an exclusive forecast report on the serial console server market for the period of 2020-2030. The foremost objective of the serial console server market report is to pitch spearhead insights on the market scenario, demand generators, and technological advancements in the serial console server market. Also, the serial console server market study addresses key dynamics that are expected to diversify the adoption and future prominence of serial console servers.
The report on the serial console server market begins with an executive overview, in which, product definition has been provided. The report further proceeds with the taxonomy of the serial console server market, elaborating on key segments. Also, the report outlines visionary insights on the dynamics of the serial console server market, including the drivers, restraints, opportunities, trends, and pricing analysis, along with key buying factors.
Serial Console Server Market Segmentation
Fact.MR has studied the serial console server market with detailed segmentation on the basis of number of ports, data center type, model, enterprise size, end user, and region.
Number of Ports
- 2 to 16
- 16 to 32
- 32 to 64
- 64 Above
Data Center Type
- Cloud Service Provides
- Enterprise Users
- Large Enterprises
- Small & Medium enterprises
- North America
- Latin America
- East Asia
- South Asia
Serial Console Server Market – Report Scope
A recent study by Fact.MR on the serial console server market offers 10-year forecast for 2020-2030. The study analyzes crucial trends that are currently determining the growth of the serial console server market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with the development of serial console servers. The study also provides dynamics that are expected to influence the future status of the serial console server market over the forecast period.
A detailed assessment of value chain analysis, business executions, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the serial console server market enhances the reliability of this comprehensive research study.
Serial Console Server Market: Report Summary
The study offers a comprehensive analysis on diverse features including demand, product developments, policy & regulatory landscape, revenue generation, and sales in the serial console server market across the globe.
A comprehensive estimate on the serial console server market has also been considered through an optimistic scenario as well as a conservative scenario regarding the sales of serial console servers during the forecast period. Price point comparison by region with global average price is also considered in the study.
Serial Console Server Market: Analysis on Market Size Evaluation
The study provides each market segment in terms of value (US$ Mn) analysis in the serial console server market.
Market estimates at global and regional levels for serial console servers are available in terms of “US$ Mn” for value and “Mn Units” in terms of volume. A Y-o-Y growth contrast on prominent serial console server market segments, along with market attractiveness evaluation, has been incorporated in the report. Another key feature of the serial console server market report is the analysis of all key segments in terms of absolute dollar. Absolute dollar opportunity is critical in assessing the level of opportunity that a manufacturer can look to achieve, as well as identify potential resources from sales and delivery perspectives, in the serial console server market.
Serial Console Server Market: Inspected Assessment on Regional Segments
Key sections have been elaborated in the report, which help deliver projections on regional markets. This chapter include regional macros (political economic and business environment outlook), which are expected to have a momentous influence on the growth of the serial console server market during the forecast period.
Country-specific valuations on demand for serial console servers have been offered for each regional market, along with market scope estimates and forecasts, price index, and impact analysis of prominence in regions and countries. Regional market Y-o-Y growth estimates have also incorporated in the report.
Detail breakup in terms of value for emerging countries has also been included in the report.
Serial Console Server Market: In-depth Analysis on Competitive Landscape
The report sheds light on leading manufacturers in the serial console server market, along with their detailed profiles. Essential and up-to-date data related to market players who are principally engaged in the production of serial console servers has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permit report readers to take preemptive steps in advancing their businesses.
Company profiles have been combined in the report, which include essentials such as product portfolios, along with an all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all prominent players, thus providing readers with actionable insights, which help in thoughtfully presenting market status and predicting the competition levels in the serial console server market.
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