Global Serial Device Server Market Overview

The global serial device server market size was USD 314.2 million in 2024 and is projected to grow from USD 327.7 million in 2025 to USD 451.1 million by 2032, exhibiting a CAGR of 4.7% during the forecast period. The market growth is fueled by increasing demand for industrial automation, integration of legacy serial devices into modern Ethernet networks, and expanding IoT applications across industries such as manufacturing, energy, and transportation.

North America dominated the global serial device server market with a share of 36.19% in 2024, supported by advanced industrial infrastructure, early adoption of Industry 4.0 practices, and strong presence of leading automation and networking vendors.

Key Market Players

• Moxa Inc.
• Digi International Inc.
• Advantech Co., Ltd.
• Lantronix, Inc.
• Perle Systems Limited
• StarTech.com
• ATEN International Co., Ltd.
• SENA Technologies, Inc.
• B&B Electronics Manufacturing Company (Advantech)
• Sealevel Systems, Inc.

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Market Drivers

1. Rising Industrial Automation and Industry 4.0 InitiativesManufacturers are increasingly adopting serial device servers to connect traditional equipment to modern networks for real-time monitoring and control.