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.
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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.
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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.
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.
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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.
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