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Serial Device Server Market Size, Share & Trends Analysis Report By Type (External and Embedded), By Application, By Port (Multi-Port and Single-Port), By End-User, By Regional Outlook and Forecast, 2024 - 2031

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    Report

  • 296 Pages
  • October 2024
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6020390
The Global Serial Device Server Market size is expected to reach $402.9 million by 2031, rising at a market growth of 4.8% CAGR during the forecast period.

The North America region witnessed 36% revenue share in the serial device server market in 2023. This dominance can be attributed to several factors, including the high adoption rate of advanced technologies, a robust industrial sector, and the widespread implementation of IoT and automation solutions. North America’s well-established infrastructure and the strong presence of key market players further contribute to the region’s leadership in the serial device server market.



Remote monitoring solutions provide organizations real-time data and insights into equipment and system performance. These servers facilitate this process by connecting various devices and sensors to centralized monitoring systems, enabling proactive management and reducing response times to issues. This efficiency leads to minimized downtime and optimized operations. Thus, the growing demand for remote monitoring and management solutions drives the market's growth.

Additionally, Data centers are the backbone of the digital economy, hosting critical applications, data storage, and IT services. As businesses increasingly rely on cloud computing, big data analytics, and IoT (Internet of Things) technologies, the demand for robust IT infrastructure and data centers has surged. This growth influences various markets, including this market, as organizations seek reliable connectivity solutions to support their operations. Hence, rising demand for data centers and IT infrastructure drives the market's growth.

However, these servers require physical hardware components, which can be expensive. The cost of servers, connectors, cables, and other related equipment can accumulate quickly. These costs can escalate significantly for organizations looking to deploy multiple servers across various locations. Many servers come with proprietary software that requires licensing fees. Organizations must budget for these ongoing costs, which can add to the initial investment burden. Thus, high initial investment and installation costs hamper the market's growth.



The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The illustration above shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies in order to cater demand coming from the different industries. The key developmental strategies in the market are Acquisitions, and Partnerships & Collaborations.

Driving and Restraining Factors

Drivers
  • Growing Demand For Remote Monitoring And Management Solutions
  • Rising Demand For Data Centers And IT Infrastructure
  • Growth Of The Manufacturing Sector And Industry 4.0 Adoption
Restraints
  • High Initial Investment And Installation Costs
  • Complexity Of Network Configuration And Management
Opportunities
  • Government Initiatives And Investments In Smart City Projects
  • Expansion Of Home Automation And Smart Home Devices
Challenges
  • Rapid Technological Advancements And Obsolescence
  • High Competition From Alternative Communication Solutions

Port Outlook

On the basis of port, this market is segmented into single-port serial device servers and multi-port serial device servers. The single-port serial device servers segment recorded 38% revenue share in the serial device server market in 2023. This performance can be attributed to the simplicity and cost-effectiveness of single-port solutions, which cater to applications requiring connectivity for individual or fewer serial devices.

End Use Outlook

Based on end user, this market is divided into industrial, retail, telecommunications, healthcare, energy and utilities, transportation, and others. The telecommunications segment procured 14% revenue share in this market in 2023. The critical need for reliable, high-speed communication infrastructure in the telecommunications industry drives this segment’s substantial market presence. Serial device servers facilitate managing and controlling various telecommunication equipment, including base stations, routers, and switches.



Application Outlook

Based on application, this market is categorized into remote management, data acquisition, point-of-sale (POS) systems, and industrial control systems. In 2023, the remote management segment registered 26% revenue share in this market. The increasing need for effective and reliable management of networked devices across various industries largely drives this dominance. Remote management applications benefit greatly from serial device servers, enabling administrators to monitor, control, and configure equipment remotely, reducing downtime and maintenance costs.

Type Outlook

Based on type, this market is divided into external serial device servers and embedded serial device servers. The embedded serial device servers segment held 43% revenue share in the serial device server market in 2023. This segment’s significant market presence underscores the increasing inclination toward integrating serial communication capabilities directly into devices and systems. Embedded serial device servers are typically favoured in applications where space constraints and the need for seamless integration are paramount.

Regional Outlook

Region-wise, this market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2023, the Asia Pacific region generated 27% revenue share in this market. The rapid industrialization and urbanization in countries like China, India, Japan, and South Korea have significantly boosted the demand for advanced connectivity solutions, including serial device servers. The expansion of the manufacturing sector, coupled with the increasing adoption of smart manufacturing and automation technologies, has propelled this market's growth in Asia.

List of Key Companies Profiled

  • Digi International Inc.
  • Advantech Co., Ltd.
  • Siemens AG
  • Mitsubishi Electric Corporation
  • Perle Systems Inc.
  • Hewlett Packard Enterprise Company
  • Moxa Inc.
  • Lantronix Inc.
  • Neteon Technologies, Inc.
  • Comtrol UK Limited

Market Report Segmentation

By Type
  • External
  • Embedded
By Application
  • Point-of-Sale (POS) Systems
  • Remote Management
  • Industrial Control Systems
  • Data Acquisition
By Port
  • Multi-Port
  • Single-Port
By End User
  • Industrial
  • Retail
  • Telecommunications
  • Healthcare
  • Energy & Utilities
  • Transportation
  • Other End-user
By Geography
  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Serial Device Server Market, by Type
1.4.2 Global Serial Device Server Market, by Application
1.4.3 Global Serial Device Server Market, by Port
1.4.4 Global Serial Device Server Market, by End User
1.4.5 Global Serial Device Server Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Competition Analysis - Global
4.1 Market Share Analysis, 2023
Chapter 5. Global Serial Device Server Market by Type
5.1 Global External Market by Region
5.2 Global Embedded Market by Region
Chapter 6. Global Serial Device Server Market by Application
6.1 Global Point-of-Sale (POS) Systems Market by Region
6.2 Global Remote Management Market by Region
6.3 Global Industrial Control Systems Market by Region
6.4 Global Data Acquisition Market by Region
Chapter 7. Global Serial Device Server Market by Port
7.1 Global Multi-Port Market by Region
7.2 Global Single-Port Market by Region
Chapter 8. Global Serial Device Server Market by End-user
8.1 Global Industrial Market by Region
8.2 Global Retail Market by Region
8.3 Global Telecommunications Market by Region
8.4 Global Healthcare Market by Region
8.5 Global Energy & Utilities Market by Region
8.6 Global Transportation Market by Region
8.7 Global Other End-user Market by Region
Chapter 9. Global Serial Device Server Market by Region
9.1 North America Serial Device Server Market
9.1.1 North America Serial Device Server Market by Type
9.1.1.1 North America External Market by Region
9.1.1.2 North America Embedded Market by Region
9.1.2 North America Serial Device Server Market by Application
9.1.2.1 North America Point-of-Sale (POS) Systems Market by Country
9.1.2.2 North America Remote Management Market by Country
9.1.2.3 North America Industrial Control Systems Market by Country
9.1.2.4 North America Data Acquisition Market by Country
9.1.3 North America Serial Device Server Market by Port
9.1.3.1 North America Multi-Port Market by Country
9.1.3.2 North America Single-Port Market by Country
9.1.4 North America Serial Device Server Market by End-user
9.1.4.1 North America Industrial Market by Country
9.1.4.2 North America Retail Market by Country
9.1.4.3 North America Telecommunications Market by Country
9.1.4.4 North America Healthcare Market by Country
9.1.4.5 North America Energy & Utilities Market by Country
9.1.4.6 North America Transportation Market by Country
9.1.4.7 North America Other End-user Market by Country
9.1.5 North America Serial Device Server Market by Country
9.1.5.1 US Serial Device Server Market
9.1.5.1.1 US Serial Device Server Market by Type
9.1.5.1.2 US Serial Device Server Market by Application
9.1.5.1.3 US Serial Device Server Market by Port
9.1.5.1.4 US Serial Device Server Market by End-user
9.1.5.2 Canada Serial Device Server Market
9.1.5.2.1 Canada Serial Device Server Market by Type
9.1.5.2.2 Canada Serial Device Server Market by Application
9.1.5.2.3 Canada Serial Device Server Market by Port
9.1.5.2.4 Canada Serial Device Server Market by End-user
9.1.5.3 Mexico Serial Device Server Market
9.1.5.3.1 Mexico Serial Device Server Market by Type
9.1.5.3.2 Mexico Serial Device Server Market by Application
9.1.5.3.3 Mexico Serial Device Server Market by Port
9.1.5.3.4 Mexico Serial Device Server Market by End-user
9.1.5.4 Rest of North America Serial Device Server Market
9.1.5.4.1 Rest of North America Serial Device Server Market by Type
9.1.5.4.2 Rest of North America Serial Device Server Market by Application
9.1.5.4.3 Rest of North America Serial Device Server Market by Port
9.1.5.4.4 Rest of North America Serial Device Server Market by End-user
9.2 Europe Serial Device Server Market
9.2.1 Europe Serial Device Server Market by Type
9.2.1.1 Europe External Market by Country
9.2.1.2 Europe Embedded Market by Country
9.2.2 Europe Serial Device Server Market by Application
9.2.2.1 Europe Point-of-Sale (POS) Systems Market by Country
9.2.2.2 Europe Remote Management Market by Country
9.2.2.3 Europe Industrial Control Systems Market by Country
9.2.2.4 Europe Data Acquisition Market by Country
9.2.3 Europe Serial Device Server Market by Port
9.2.3.1 Europe Multi-Port Market by Country
9.2.3.2 Europe Single-Port Market by Country
9.2.4 Europe Serial Device Server Market by End-user
9.2.4.1 Europe Industrial Market by Country
9.2.4.2 Europe Retail Market by Country
9.2.4.3 Europe Telecommunications Market by Country
9.2.4.4 Europe Healthcare Market by Country
9.2.4.5 Europe Energy & Utilities Market by Country
9.2.4.6 Europe Transportation Market by Country
9.2.4.7 Europe Other End-user Market by Country
9.2.5 Europe Serial Device Server Market by Country
9.2.5.1 Germany Serial Device Server Market
9.2.5.1.1 Germany Serial Device Server Market by Type
9.2.5.1.2 Germany Serial Device Server Market by Application
9.2.5.1.3 Germany Serial Device Server Market by Port
9.2.5.1.4 Germany Serial Device Server Market by End-user
9.2.5.2 UK Serial Device Server Market
9.2.5.2.1 UK Serial Device Server Market by Type
9.2.5.2.2 UK Serial Device Server Market by Application
9.2.5.2.3 UK Serial Device Server Market by Port
9.2.5.2.4 UK Serial Device Server Market by End-user
9.2.5.3 France Serial Device Server Market
9.2.5.3.1 France Serial Device Server Market by Type
9.2.5.3.2 France Serial Device Server Market by Application
9.2.5.3.3 France Serial Device Server Market by Port
9.2.5.3.4 France Serial Device Server Market by End-user
9.2.5.4 Russia Serial Device Server Market
9.2.5.4.1 Russia Serial Device Server Market by Type
9.2.5.4.2 Russia Serial Device Server Market by Application
9.2.5.4.3 Russia Serial Device Server Market by Port
9.2.5.4.4 Russia Serial Device Server Market by End-user
9.2.5.5 Spain Serial Device Server Market
9.2.5.5.1 Spain Serial Device Server Market by Type
9.2.5.5.2 Spain Serial Device Server Market by Application
9.2.5.5.3 Spain Serial Device Server Market by Port
9.2.5.5.4 Spain Serial Device Server Market by End-user
9.2.5.6 Italy Serial Device Server Market
9.2.5.6.1 Italy Serial Device Server Market by Type
9.2.5.6.2 Italy Serial Device Server Market by Application
9.2.5.6.3 Italy Serial Device Server Market by Port
9.2.5.6.4 Italy Serial Device Server Market by End-user
9.2.5.7 Rest of Europe Serial Device Server Market
9.2.5.7.1 Rest of Europe Serial Device Server Market by Type
9.2.5.7.2 Rest of Europe Serial Device Server Market by Application
9.2.5.7.3 Rest of Europe Serial Device Server Market by Port
9.2.5.7.4 Rest of Europe Serial Device Server Market by End-user
9.3 Asia Pacific Serial Device Server Market
9.3.1 Asia Pacific Serial Device Server Market by Type
9.3.1.1 Asia Pacific External Market by Country
9.3.1.2 Asia Pacific Embedded Market by Country
9.3.2 Asia Pacific Serial Device Server Market by Application
9.3.2.1 Asia Pacific Point-of-Sale (POS) Systems Market by Country
9.3.2.2 Asia Pacific Remote Management Market by Country
9.3.2.3 Asia Pacific Industrial Control Systems Market by Country
9.3.2.4 Asia Pacific Data Acquisition Market by Country
9.3.3 Asia Pacific Serial Device Server Market by Port
9.3.3.1 Asia Pacific Multi-Port Market by Country
9.3.3.2 Asia Pacific Single-Port Market by Country
9.3.4 Asia Pacific Serial Device Server Market by End-user
9.3.4.1 Asia Pacific Industrial Market by Country
9.3.4.2 Asia Pacific Retail Market by Country
9.3.4.3 Asia Pacific Telecommunications Market by Country
9.3.4.4 Asia Pacific Healthcare Market by Country
9.3.4.5 Asia Pacific Energy & Utilities Market by Country
9.3.4.6 Asia Pacific Transportation Market by Country
9.3.4.7 Asia Pacific Other End-user Market by Country
9.3.5 Asia Pacific Serial Device Server Market by Country
9.3.5.1 China Serial Device Server Market
9.3.5.1.1 China Serial Device Server Market by Type
9.3.5.1.2 China Serial Device Server Market by Application
9.3.5.1.3 China Serial Device Server Market by Port
9.3.5.1.4 China Serial Device Server Market by End-user
9.3.5.2 Japan Serial Device Server Market
9.3.5.2.1 Japan Serial Device Server Market by Type
9.3.5.2.2 Japan Serial Device Server Market by Application
9.3.5.2.3 Japan Serial Device Server Market by Port
9.3.5.2.4 Japan Serial Device Server Market by End-user
9.3.5.3 India Serial Device Server Market
9.3.5.3.1 India Serial Device Server Market by Type
9.3.5.3.2 India Serial Device Server Market by Application
9.3.5.3.3 India Serial Device Server Market by Port
9.3.5.3.4 India Serial Device Server Market by End-user
9.3.5.4 South Korea Serial Device Server Market
9.3.5.4.1 South Korea Serial Device Server Market by Type
9.3.5.4.2 South Korea Serial Device Server Market by Application
9.3.5.4.3 South Korea Serial Device Server Market by Port
9.3.5.4.4 South Korea Serial Device Server Market by End-user
9.3.5.5 Australia Serial Device Server Market
9.3.5.5.1 Australia Serial Device Server Market by Type
9.3.5.5.2 Australia Serial Device Server Market by Application
9.3.5.5.3 Australia Serial Device Server Market by Port
9.3.5.5.4 Australia Serial Device Server Market by End-user
9.3.5.6 Malaysia Serial Device Server Market
9.3.5.6.1 Malaysia Serial Device Server Market by Type
9.3.5.6.2 Malaysia Serial Device Server Market by Application
9.3.5.6.3 Malaysia Serial Device Server Market by Port
9.3.5.6.4 Malaysia Serial Device Server Market by End-user
9.3.5.7 Rest of Asia Pacific Serial Device Server Market
9.3.5.7.1 Rest of Asia Pacific Serial Device Server Market by Type
9.3.5.7.2 Rest of Asia Pacific Serial Device Server Market by Application
9.3.5.7.3 Rest of Asia Pacific Serial Device Server Market by Port
9.3.5.7.4 Rest of Asia Pacific Serial Device Server Market by End-user
9.4 LAMEA Serial Device Server Market
9.4.1 LAMEA Serial Device Server Market by Type
9.4.1.1 LAMEA External Market by Country
9.4.1.2 LAMEA Embedded Market by Country
9.4.2 LAMEA Serial Device Server Market by Application
9.4.2.1 LAMEA Point-of-Sale (POS) Systems Market by Country
9.4.2.2 LAMEA Remote Management Market by Country
9.4.2.3 LAMEA Industrial Control Systems Market by Country
9.4.2.4 LAMEA Data Acquisition Market by Country
9.4.3 LAMEA Serial Device Server Market by Port
9.4.3.1 LAMEA Multi-Port Market by Country
9.4.3.2 LAMEA Single-Port Market by Country
9.4.4 LAMEA Serial Device Server Market by End-user
9.4.4.1 LAMEA Industrial Market by Country
9.4.4.2 LAMEA Retail Market by Country
9.4.4.3 LAMEA Telecommunications Market by Country
9.4.4.4 LAMEA Healthcare Market by Country
9.4.4.5 LAMEA Energy & Utilities Market by Country
9.4.4.6 LAMEA Transportation Market by Country
9.4.4.7 LAMEA Other End-user Market by Country
9.4.5 LAMEA Serial Device Server Market by Country
9.4.5.1 Brazil Serial Device Server Market
9.4.5.1.1 Brazil Serial Device Server Market by Type
9.4.5.1.2 Brazil Serial Device Server Market by Application
9.4.5.1.3 Brazil Serial Device Server Market by Port
9.4.5.1.4 Brazil Serial Device Server Market by End-user
9.4.5.2 Argentina Serial Device Server Market
9.4.5.2.1 Argentina Serial Device Server Market by Type
9.4.5.2.2 Argentina Serial Device Server Market by Application
9.4.5.2.3 Argentina Serial Device Server Market by Port
9.4.5.2.4 Argentina Serial Device Server Market by End-user
9.4.5.3 UAE Serial Device Server Market
9.4.5.3.1 UAE Serial Device Server Market by Type
9.4.5.3.2 UAE Serial Device Server Market by Application
9.4.5.3.3 UAE Serial Device Server Market by Port
9.4.5.3.4 UAE Serial Device Server Market by End-user
9.4.5.4 Saudi Arabia Serial Device Server Market
9.4.5.4.1 Saudi Arabia Serial Device Server Market by Type
9.4.5.4.2 Saudi Arabia Serial Device Server Market by Application
9.4.5.4.3 Saudi Arabia Serial Device Server Market by Port
9.4.5.4.4 Saudi Arabia Serial Device Server Market by End-user
9.4.5.5 South Africa Serial Device Server Market
9.4.5.5.1 South Africa Serial Device Server Market by Type
9.4.5.5.2 South Africa Serial Device Server Market by Application
9.4.5.5.3 South Africa Serial Device Server Market by Port
9.4.5.5.4 South Africa Serial Device Server Market by End-user
9.4.5.6 Nigeria Serial Device Server Market
9.4.5.6.1 Nigeria Serial Device Server Market by Type
9.4.5.6.2 Nigeria Serial Device Server Market by Application
9.4.5.6.3 Nigeria Serial Device Server Market by Port
9.4.5.6.4 Nigeria Serial Device Server Market by End-user
9.4.5.7 Rest of LAMEA Serial Device Server Market
9.4.5.7.1 Rest of LAMEA Serial Device Server Market by Type
9.4.5.7.2 Rest of LAMEA Serial Device Server Market by Application
9.4.5.7.3 Rest of LAMEA Serial Device Server Market by Port
9.4.5.7.4 Rest of LAMEA Serial Device Server Market by End-user
Chapter 10. Company Profiles
10.1 Digi International, Inc.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Product Launches and Product Expansions:
10.2 Advantech Co., Ltd.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Product Launches and Product Expansions:
10.2.6 SWOT Analysis
10.3 Siemens AG
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 SWOT Analysis
10.4 Mitsubishi Electric Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 SWOT Analysis
10.5 Perle Systems Inc.
10.5.1 Company Overview
10.6 Hewlett Packard Enterprise Company
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 SWOT Analysis
10.7 Moxa Inc.
10.7.1 Company Overview
10.8 Lantronix Inc.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments:
10.8.5.1 Product Launches and Product Expansions:
10.9 Neteon Technologies, Inc.
10.9.1 Company Overview
10.10. Comtrol UK Limited (Port Group)
10.10.1 Company Overview
Chapter 11. Winning Imperatives of Serial Device Server Market

Companies Mentioned

Some of the key companies profiled in this Serial Device Server Market include:
  • Digi International Inc.
  • Advantech Co., Ltd.
  • Siemens AG
  • Mitsubishi Electric Corporation
  • Perle Systems Inc.
  • Hewlett Packard Enterprise Company
  • Moxa Inc.
  • Lantronix Inc.
  • Neteon Technologies, Inc.
  • Comtrol UK Limited

Methodology

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