According to the Market Statsville Group (MSG), the global serial device server market size is expected to grow from USD 340.12 million in 2022 to USD 477.05 million by 2030, at a CAGR of 4.32% from 2022 to 2030.

The growth in the market is driven by factors such as the increasing adoption of serial device servers in the healthcare and industrial sectors, the increasing demand for real-time data and connectivity, and the growing need for remote monitoring and control.

COVID-19 Impact on the Global Serial Device Server Market 

The coronavirus pandemic has had a significant impact on the global serial device server market. The pandemic has disrupted the global supply chain and caused delays in the production and delivery of products, leading to a decrease in demand for serial device servers. In addition, the restrictions imposed by governments to contain the spread of the virus have forced companies to cut back on production and shift to remote working, resulting in a decrease in the demand for serial device servers.

However, the demand for serial device servers is expected to increase in the post-pandemic period, driven by the increased need for cloud storage capacity and utilization. The need for real-time data and connectivity, and the growing need for remote monitoring and control are also expected to drive the market. In addition, the increasing adoption of serial device servers in the healthcare sector for remote monitoring and control of critical medical equipment is expected to have a positive impact on the market.

Global Serial Device Server Market Definition

Serial device servers are small, dedicated hardware devices that enable users to control multiple serial devices over a network. They are used to bridge the gap between legacy hardware and modern networks. This technology is essential for industries such as healthcare, military, and manufacturing, which rely on serial devices to control and monitor the various processes.

In other words, the serial device server is a networking device that enables the remote controlling and monitoring of multiple serial devices over a network. It is used to connect legacy hardware to modern networks, allowing users to access and control devices located in different locations. Serial device servers are used in a variety of industries, including manufacturing, healthcare, military, and other applications. They are versatile and can be used to network virtually any type of device, from serial devices to PCs. They provide a cost-effective and efficient way to access, configure, and manage serial devices and systems over the network

Global Serial Device Server Market Dynamics

The serial device server market is rapidly expanding, driven by the need to manage multiple communication channels and to meet the ever-increasing connectivity requirements for a variety of devices and equipment. In the past, managing remote serial devices was a cumbersome and time-consuming task. However, the development of serial device servers has revolutionized the process and made it much easier to manage large numbers of serial devices.

Drivers: Growing cloud storage capacity and utilization worldwide

The growth of the global serial device server market is being driven by the increasing demand for cloud storage capacity and utilization. Cloud storage allows users to store and access data remotely over the internet, and is becoming an increasingly popular choice due to its cost-effectiveness, scalability, and ability to store large amounts of data. As a result, companies are leveraging the cloud storage model to store their data and reduce costs. 

The increasing demand for cloud storage is driving the growth of the global serial device server market. Serial device servers are used to connect legacy hardware to modern networks, enabling the remote controlling and monitoring of multiple serial devices over a network. With the increasing demand for cloud storage, the need for serial device servers to connect legacy systems to cloud platforms is also increasing.

Scope of the Global Serial Device Server Market 

The study categorizes the serial device server market based on type, product, application, and industry at the regional and global levels.

By Type Outlook (Sales, USD Billion, 2017-2030)

• Wired
• Wireless

By Product Outlook (Sales, USD Billion, 2017-2030)

• 1-port Serial Device Server
• 2-port Serial Device Server
• 4-port Serial Device Server
• 8-port Serial Device Server
• 16-port Serial Device Server
• Others

By Application Outlook (Sales, USD Billion, 2017-2030)

• Access Control Systems
• Attendance System
• POS Systems
• Others

By Industry Outlook (Sales, USD Billion, 2017-2030)

• IT & Telecom
• Retail
• Healthcare
• Government
• BFSI
• Energy & Utility
• Others

By Region Outlook (Sales, USD Billion, 2017-2030)

• North America (US, Canada, Mexico)
• Europe (Germany, UK, France, Italy, Spain, Russia, The Netherlands, Rest of Europe)
• Asia Pacific (China, Japan, India, South Korea, ASEAN, Australia & New Zealand, Rest of Asia Pacific)
• South America (Brazil, Argentina, Colombia, Rest of South America)
• The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA)

Key Market Players in the Global Serial Device Server Market 

The key players in the serial device server market include Advantech Co., Ltd, Moxa Inc., Siemens AG, Hewlett Packard Enterprise Company, and National Instruments Corporation. These companies have adopted various strategies such as product launches, expansions, partnerships, and acquisitions to gain a competitive edge in the market

Major key players in the global serial device server market are: 

• Moxa, Digi International
• Advantech
• Siemens Industrial Communication
• Comtrol Corporation
• 3onedata
• OMEGA
• Westermo
• Atop Technologies Inc.
• Kyland, Perle
• EtherWAN Systems
• Korenix Technology
• Sealevel Systems
• ORing Industrial Networking Corp.
• Chiyu Technology
• Tibbo Technology Inc.
• Silex Technology America, Inc.
• Sena Technologies
• UTEK
• Others

Key Issues Addressed

• What is the market size by various segmentation of the serial device server by region and its respective countries?
• What are the customer buying behavior, key takeaways, and Porter's 5 forces of the serial device server market?
• What are the key opportunities and trends for manufacturers involved in the Serial Device Server supply chain?
• What are the fundamental dynamics (drivers, restraints, opportunities, and challenges) of the market?
• What and how regulations, schemes, patents, and policies are impacting the growth of the market?
• What are the upcoming technological solutions influencing market trends? How will existing companies adapt to the new change in technology?
• The market player positioning, top winning strategies by years, company product developments, and launches will be?
• How has COVID-19 impacted the demand and sales of Serial Device Server in the global market? Also, the expected BPS drop or rise count of the market and market predicted recovery period.
• Detailed analysis of the competitors and their latest launch, and what are the prominent startups introduced in the target market? Also, detailed company profiling of 25+ leading and prominent companies in the market.