Serial Device Server Market To Witness A High CAGR By 2022

The global serial device server market is expected to value at USD 3.21 billion by 2022. Device servers are compact and function on single-port serial devices in a cost-effective manner. Growing interest of organizations for Industrial Internet of Things (IIoT) and convergence of IT with operational technology is contributing in the way of organizational approach for deploying device server technology. Industrial networking technologies have become more user-friendly and are easily managed, it still requires a significant expertise to manage and handle resources over a distributed system.

Automation by Tosibox for VPN:

In June 2019, Tosibox promoted an idea of automation in the industrial networking process. It bought the trend of creating new VPN standards for IoT. It offers a standard solution that creates a customizable alternative for cloud-based connection methods for remote-connections that are cost-efficient, and easy to deploy. The Tosibox activates network connectivity between two devices within an encrypted format. Further, serialization enables the connected devices to communicate around Network Address Translations and Firewalls. Under this approach, Tosibox technology does not evade the IT security deployed at customer’s end neither does it affect the existing security infrastructure enabled on the customer’s firewall. 

Moxa’s IIoT Initiatives:

With the rise in IIoT approach, serial device servers empower network technologies in industrial domain. Last year in June 2018, Moxa rolled out latest releases for servers and gateways enabled to function effectively on cloud connectivity. The devices capture different field data structures comprising Modbus, Serial I/O, and Ethernet. Both the server and gateway devices follow MQTT messaging protocol that enable a secure data transmission to Microsoft Azure or any other privately hosted cloud services.

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From the global perspective, the serial device server market is influenced by the shift in paradigm trends, inclination towards IIoT and adoption and deployment of new standards in the networking technologies. Moreover, the commercial market is strongly driven by investments for hi-tech products such as IOLAN secure device servers for project managers and engineers, Perle Device Servers for open source programmers, etc. 

Regional Outlook:

North America is a huge market for serial device server technology attributing to the high adoption of networked management in data centers and increasing dependence on deployment of an isolated device that offers major advantages. In addition, the regional markets are flooding with serial devices with enormous demands from the transportation, healthcare, academics and construction sectors. Availability of a robust IT infrastructure and demand for network management is anticipated to propel the regional market growth in the following years.

Some of the key players in the serial device server market are Atop Technologies Inc., Advantech, Siemens Industrial Communication, Korenix Technology, Digi International, Chiyu Technology, Perle, Comtrol Corporation, OMEGA, Kyland, EtherWAN Systems, ORing Industrial Networking Corporation, Silex Technology America Inc., and UTEK.