Port Redirector Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.5 Billion by 2030, growing at a CAGR of 10.5% from 2024 to 2030.
The global Port Redirector Market is experiencing steady growth, driven by the increasing need for network security and the adoption of hybrid IT environments. As of 2022, the market was valued at USD 273.09 million and is projected to reach USD 372.73 million by 2030, growing at a compound annual growth rate (CAGR) of 4.1% during the forecast period from 2023 to 2030.
Port redirectors are networking components that facilitate the redirection of incoming network traffic from one port to another. They play a crucial role in rerouting incoming connections or data packets from a specific source port to a different destination port. This functionality is essential for a wide range of services on devices, including web servers, FTP servers, and remote desktop applications.
Rising Need for Network Security: The increasing number of cyber threats and security breaches has compelled organizations to implement robust security measures to protect their critical IT infrastructure. Port redirectors contribute significantly to network security by providing control over network traffic and diverting it to different network segments or Virtual Local Area Networks (VLANs) to safeguard sensitive data.
Adoption of Hybrid IT Environments: The growing adoption of cloud computing and hybrid IT environments has increased the complexity of network infrastructures. Port redirectors play a crucial role in establishing seamless communication and connectivity between on-premise systems and cloud-based services, thereby supporting hybrid IT environments.
Integration in POS Systems: The increasing adoption of port redirectors in Point of Sale (POS) systems to establish communication between barcode scanners, receipt printers, and POS software is accelerating market growth.
High Licensing Costs: Vendors often charge licensing fees based on the number of users, devices, or ports being redirected. Additionally, port redirectors may require dedicated hardware and software installations, contributing to higher initial costs.
Security Concerns: The process of port redirection can create vulnerabilities by opening up different ports on the router, potentially allowing unauthorized access to the organization's network.
Adoption of IoT and Industrial Control Systems (ICS): The integration of port redirectors in IoT-enabled devices and ICS to facilitate communication between multiple devices presents significant growth opportunities. Port redirectors ensure authorized and reliable connections between devices, which is essential for the expanding IoT ecosystem.
1-Port: These redirectors are designed to transfer network traffic from one port to another. Their affordability and compact size make them suitable for small-scale applications.
2-Port
4-Port
8-Port
16-Port
Others
Access Control Systems: Port redirectors play a crucial role in restricting unauthorized access to critical IT infrastructure by facilitating remote desktop connections.
Attendance Systems
POS Systems: They establish communication between various components of POS systems, enhancing operational efficiency.
Others
North America accounted for the largest revenue share in 2022, driven by the growing adoption of cloud and hybrid environments in organizations. The presence of a large number of data centers in the region further propels market growth.
The global port redirector market is highly competitive, with major players adopting strategies such as product innovations, mergers and acquisitions, and business expansions to maintain a strong market position. Key players include:
Moxa Inc.
Digi International
Advantech
Siemens Industrial Communication
OMEGA
Korenix Technology
Sena Technologies
ORing Industrial Networking Corp.
Silex Technology America Inc.
The port redirector market is poised for steady growth, driven by the increasing need for network security, the adoption of hybrid IT environments, and the integration of port redirectors in POS systems. However, challenges such as high licensing costs and security concerns associated with port redirection need to be addressed. The adoption of IoT and Industrial Control Systems presents significant growth opportunities for market players in the coming years.
Download Full PDF Sample Copy of Global Port Redirector Report @ https://www.verifiedmarketreports.com/download-sample/?rid=350734&utm_source=Google-Site-Feb&utm_medium=229
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
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase Of This Report @ https://www.verifiedmarketreports.com/ask-for-discount/?rid=350734&utm_source=Google-Site-Feb&utm_medium=229
Growing demand for below applications around the world has had a direct impact on the growth of the Global Port Redirector Market
Access Control Systems
Attendance Systems
POS Systems
Others
Based on Types the Market is categorized into Below types that held the largest Port Redirector market share In 2023.
1-port
2-port
4-port
8-port
16-port
Others (32-port
etc.)
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ https://www.verifiedmarketreports.com/product/port-redirector-market/
1. Introduction of the Global Port Redirector Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Port Redirector Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Port Redirector Market, By Type
6. Global Port Redirector Market, By Application
7. Global Port Redirector Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Port Redirector Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/