Press release
Leading Companies Reinforcing Their Presence in the Serial to Cellular Gateway Market
Serial To Cellular Gateway Market
Projected Growth and Market Size of the Serial to Cellular Gateway Industry
The serial to cellular gateway market is on track for remarkable growth, with projections estimating it will reach $3.09 billion by 2030. This expansion corresponds to a compound annual growth rate (CAGR) of 15.4%. The predicted surge is largely fueled by the widespread rollout of 5G networks, the expansion of smart grid and Internet of Things (IoT) applications, and a growing emphasis on digitalization within industries. Additional contributors include the adoption of cellular gateways for healthcare monitoring and the increasing demand for multi-site industrial monitoring and control solutions. Noteworthy trends shaping the outlook include broader acceptance of 4G and 5G connectivity for legacy devices, integration of these gateways with industrial automation platforms, heightened interest in remote management of distributed assets, and the expansion of multi-protocol communication support such as RS232, RS485, and RS422.
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Factors Accelerating Growth in the Serial to Cellular Gateway Market
One significant driver of this market's growth is the surge in 5G network deployments worldwide, which enables faster, more reliable wireless communication suitable for complex industrial needs. This new infrastructure supports higher data throughput and reduced latency, making cellular gateways essential for next-generation connectivity.
Another important influence is the increasing integration of IoT and smart grid technologies across various sectors. As industries seek greater automation and real-time monitoring capabilities, cellular gateways become vital tools to bridge traditional serial devices with modern cellular networks, facilitating efficient data exchange and control.
Top Companies Leading the Serial to Cellular Gateway Market
The market features a diverse lineup of influential companies shaping its direction, including Advantech Co. Ltd., Sterlite Technologies Limited, HFCL Limited, Digi International Inc., Moxa Inc., Axiomtek Co. Ltd., Happiest Minds Technologies Limited, Lantronix Inc., Teltonika Networks UAB, NetAlly LLC, Guangzhou Robustel Co. Ltd., Celona Inc., Aviz Networks Inc., ICP DAS Co. Ltd., USR IOT Technology Limited, Lavelle Networks Private Limited, Xiamen Four-Faith Communication Technology Co. Ltd., Shenzhen Wlink Technology Co. Ltd., NetBox Labs Inc., Neysa Networks Private Limited, Proxicast LLC, Highway 9 Networks Inc., and Antaira Technologies LLC.
A notable development occurred in December 2024 when Lantronix Inc., a US technology firm, acquired NetComm Wireless Pty Ltd. for $6.5 million. This strategic acquisition aims to bolster Lantronix's leadership in enterprise and industrial IoT, enhance its 5G technology portfolio, and expand its reach into markets like Australia and New Zealand. NetComm Wireless is an Australian telecommunications company specializing in IoT solutions, offering high-performance gateways, routers, and modems that provide robust serial-to-cellular and Wi-Fi connectivity tailored for industrial applications.
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Emerging Innovations That Are Influencing the Serial to Cellular Gateway Market
Leading players in the market are focusing on creating advanced connectivity solutions that are secure, globally compatible, and equipped with integrated edge intelligence. Such capabilities improve remote device management, boost data processing efficiency, and support a wide variety of industrial IoT uses. Edge intelligence refers to a device's ability to process data locally at the network edge-allowing it to make decisions and perform analytics without relying solely on centralized cloud computing.
For example, in October 2025, Digi International introduced the Digi XBee 3 Global LTE Cat 4 cellular modem, expanding its XBee product line to address high-bandwidth IoT needs such as smart agriculture, energy management, and industrial automation. This modem offers global LTE Cat 4 connectivity with fallback options for 2G and 3G, integrated GNSS for location tracking, Bluetooth Low Energy support for sensor integration, and compatibility with leading IoT platforms like AWS and Azure. Its embedded MicroPython environment facilitates edge intelligence by enabling local data processing and decision-making. The device also features pre-certifications, enhanced security through Digi TrustFence technology, and centralized management via Digi Remote Manager, simplifying deployment and ensuring scalable, reliable connectivity worldwide.
Segment Analysis and Forecast in the Global Serial to Cellular Gateway Market
The serial to cellular gateway market is segmented into key categories to better address diverse industry needs:
1) By Product Type: 2G, 3G, 4G or LTE, and 5G gateways
2) By Communication Protocol: RS232, RS485, RS422, and other protocols
3) By Distribution Channel: direct sales, distributors, and online platforms
4) By Application: industrial automation, transportation, energy and utilities, retail, healthcare, and other sectors
5) By End-User: manufacturing, oil and gas, smart grid, logistics, among others
Further subdivisions within these segments include specific technologies such as:
- 2G variants like GSM, GPRS, EDGE, CDMA2000 1x, and SMS-only or control-only devices
- 3G types including UMTS (W-CDMA), HSPA, HSPA+, and CDMA2000 EV-DO
- 4G/LTE categories such as LTE Cat-1, Cat-4, Cat-6, Cat-11 or Cat-12, LTE Cat-M1 (eMTC), NB-IoT (NB1 or NB2), and LTE-Advanced with carrier aggregation variants
- 5G options encompassing 5G NR Sub-6 GHz (FR1), 5G NR mmWave (FR2), 5G Standalone (SA), 5G Non-Standalone (NSA), 5G RedCap (Reduced Capability), and specialized 5G IoT standards like mMTC, eMBB, and URLLC
This comprehensive segmentation allows stakeholders to tailor solutions and strategies that meet the evolving requirements of various industrial and commercial applications.
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