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
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.
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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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.
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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.
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.
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