The global market for serial device servers is set for steady growth over the next several years, according to a comprehensive analysis by Reed Intelligence. The market is projected to grow at a compound annual growth rate (CAGR) of 4.32% from 2023 to 2031, reflecting the rising demand for network-enabled connectivity of legacy serial devices in an increasingly IoT-driven world.
Key Highlights
Base year & Forecast: The report uses 2023 as the base year. Over the forecast period to 2031, the serial device server market is expected to grow at a CAGR of 4.32%.
Largest region: As of now, North America stands out as the most established region for serial device servers, driven by its advanced technological infrastructure and demand for secure connectivity.
Fastest-growing region: The Asia-Pacific (APAC) region is identified as experiencing the most rapid growth, thanks to booming industrialization, IoT adoption, and a surge of local players.
Largest segmentation by type: Among types of serial device servers, the standard segmentation includes 1-Port, 2-Port, 4-Port, 8-Port, 16-Port, and Others. The report identifies these as the main types considered for market sizing.
Largest segmentation by application: In terms of application, Access Control Systems, Attendance Systems, POS Systems, and Others are covered — with “Access Control Systems” frequently cited among top uses.
Fastest-growing segmentation: While the report does not specify which exact port-type or application will grow fastest, the underlying growth trend is propelled by rising demand for secure connectivity, cloud integration, and edge-computing — especially in legacy device integration and IoT-connected systems.
Market Dynamics
Drivers
The growth of the serial device server market is primarily driven by the increasing adoption of IoT and the need for legacy device integration. As industries modernize and upgrade legacy equipment with network-enabled capabilities, serial device servers provide the necessary bridge for connectivity — enabling secure data transfer, remote monitoring, and centralized management across various devices and systems.
Additionally, trends such as cloud integration, edge computing, and demand for secure connectivity are further fueling market expansion. By enabling older serial devices to interface with modern network architectures (Ethernet, LAN, IoT platforms), serial device servers unlock new value for industries aiming to digitalize while preserving legacy infrastructure.
Restraints & Opportunities
On the flip side, the market faces potential challenges including economic uncertainties, regulatory hurdles, supply-chain disruptions, and competitive pressures toward alternative technologies that may offer more advanced or cost-efficient connectivity solutions. These factors could slow adoption in certain regions or industries.
However, these challenges open up opportunities: vendors can differentiate by offering innovative solutions that address security concerns, support hybrid connectivity (legacy serial + modern network protocols), and tailor products for underserved regions. By turning restraints into opportunities through strategic product development and geographic expansion, market players can gain a competitive edge and foster sustainable growth.
Top Market Players
According to the report, the key players operating in the global serial device server market include:
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
Segmentation (by Region & Type/Application)
By Type:
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 (32-Port Serial Device Server, etc.)
By Application:
Access Control Systems
Attendance System
POS Systems
Others
By Region:
North America
Europe
Asia Pacific (APAC)
Middle East & Africa (LAMEA)
Latin America (LATAM)
About the Report
“Global Serial Device Server Market Size, Share and Trends Analysis by Type, by Application, by Region (2023-2031)” provides a detailed outlook for the serial device server industry. It analyzes market size, forecast growth, regional dynamics, segmentation by type and application, and competitive landscape covering major global players. The report aims to help industry stakeholders, manufacturers, and investors understand current trends, growth drivers, challenges, and opportunities shaping the global serial device server market.
