Serial Device Servers Market Overview
Serial device servers are networking devices that are used between the serial port of computer and local area network (LAN) for transferring the data. The serial device server can be connected to medical devices, robotic assemblage, printers, sensors, and other devices.
The serial device servers can be easily connected without security or authentication to any other serial device in the network and these devices can also be configured in various features similar to routers or Ethernet switches. Wired and wireless both networking structures are supported by these serial device servers.
In addition, serial device servers offer several operation methods to fulfill customer’s rigorous industrial automation requirements to ensure connection steadiness.
Serial-to-LAN or serial device servers adapters offers the necessary interface that enable serial only devices to be deployed in a fully networking environment. The users are focusing on the installation and deployment of the serial device servers which are quick and easy to configure.
The software development costs are drastically reduced as no extra programming costs are incurred at the host computer. Serial device server also offer secure industrial networking. Thus, increasing demand of cost effective solutions by industries is expected to drive the growth of serial device severs market during the forecast period.
Impact of COVID-19 Pandemic Outbreak on Serial Device Servers Market
The COVID-19 pandemic outbreak has significantly affected the financial condition and production capacities of serial device server vendors. The spread of novel coronavirus has caused a widespread health crisis, which is negatively affecting the financial conditions of countries. In addition, the supply chains are disrupted significantly, due to the lockdowns imposed by government of most of the countries.
This is anticipated to lead to an economic downturn and negatively affect the demand for serial device servers market. The overall impact of COVID-19 on the serial device servers market is expected to depend on numerous factors, such as the actions taken by various government authorities worldwide in response to the pandemic, the global spread and duration of the pandemic, and the severity of the disease.
However, the serial device servers market is expected to decline by almost 5% by the end of Q4 2020.
Serial Device Servers Market: Drivers and Restraints
Increasing Vendor Investment to Boost Demand of Serial Device Servers
The vendors offering serial device servers are investing huge amounts to offer advanced serial device server. The companies are aiming to offer the devices which are low in cost and highly effective and can connect maximum number of devices. For instance, MOXA Technologies Co., Ltd., a provider of industrial networking products has invested millions of dollars each year to develop innovative and user-friendly products.
Thus, rising vendor investment is expected to contribute significantly in the market growth during the forecast period.
Increased Use of Cloud Storage and Data Centers Is Significant Factor Propelling Growth of the Market
Increasing multi device ownership and internet penetration is fueling adoption of cloud services, including consumer cloud storage, also known as personal content lockers. Thus users can use an easy interface to share and store music, photos and videos.
As the amount of data generated increases continuously and it eventually creates need for storage spaces which ultimately tends to increase demand of serial device servers globally. Hence global serial device servers market is driven by growing cloud storage utilization and data centers.
Moreover, initiatives taken by government to adopt digitalization is anticipated to proliferate the growth of serial device servers market, throughout the forecast period.
Serial Device Servers Market: Competition Landscape
Examples of some of the market participants in the global serial device servers market identified across the value chain include
- 3onedata Co.Ltd.
- Advantech Co., Ltd.,
- ATOP Technologies
- Brainboxes Limited
- Digi International Inc.
- Lantronix, Inc.
- Moxa Inc.
- TNS Asia Pacific Pte Ltd
Serial Device Servers Market: Regional Outlook
North America accords a major share in the global serial device servers market. As the Europe and North America have well-established and sustainable economies, it helps them to strongly invest in the research and development activities.
This, in turn, contributes to the development of latest technologies. Moreover, the start-up culture in North America is growing at a substantial pace along with SMEs, which is aiding to market growth. Similarly, East Asia and South Asia are taking numerous initiatives to spur the infrastructure that enables the users to adopt cutting-edge technologies.
Thus, the demand of serial device servers in Asia Pacific region is expected to grow at a significant rate, over the forecast period.
The serial device servers market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment.
The market report also maps the qualitative impact of various market factors on market segments and geographies.
The report covers exhaustive analysis on
- Serial Device Servers Market Segments
- Serial Device Servers Market Dynamics
- Serial Device Servers Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved in the Market
- Technology Landscape
- Value Chain of the Market
- Market Drivers and Restraints
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Rest of Latin America)
- Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Russia, Rest of Europe)
- East Asia (China, Japan, South Korea)
- South Asia and Pacific (India, Malaysia, Indonesia, Singapore, Australia & New Zealand, Rest of South Asia and Pacific)
- Middle East and Africa (GCC Countries, Turkey, Northern Africa, South Africa, Rest of MEA)
Serial Device Servers Market: Segmentation
The serial device servers market can be segmented on the basis of port, type, application, end-user and region.
By port :
- Less Than 2 Port
- 4 Port
- 8 Port
- 16 Port and above
By type :
By application :
- Access Control Systems
- Attendance System
- POS Systems
By end-user :
- IT & Telecom
- Energy & Utility