Irvine, United States – Lantronix Inc., a global provider of secure turnkey solutions for the industrial Internet of Things (IoT) and the intelligent IT market, announced its new X300 compact gateway IoT solution. Ideal for secure applications, the new X300 cellular compact IoT gateway solution combines Lantronix’s IoT gateway hardware with a services subscription, including centralised device management, integrated cellular data, enhanced device security and expert technical support in an all-in-one package.
“At Lantronix, we are committed to providing our customers with turnkey IoT solutions that efficiently solve their connectivity and remote device management challenges while offering expert technical support to ensure a successful deployment,” says Paul Pickle, CEO of Lantronix. “With the new X300 compact gateway IoT solution, our customers can rest assured that they have a reliable, easy-to-manage solution, achieving maximum uptime and data security for mission-critical applications.”
According to Berg Insights, more than 4.5 million cellular IoT gateways were shipped globally during 2021, a 23% increase, at a total market value of approximately [$1.15 billion (€1.07 billion)] as annual sales grew at a rate of 14% as demand recovered following the COVID-19 pandemic. Annual revenues from the sales of cellular IoT gateways is forecasted to grow at a compound annual growth rate (CAGR) of 14% to reach [$2.18 billion (€2.02 billion)] by 2026.
The X300 compact gateway IoT solution includes:
- Free upgrade to ConsoleFlow cloud-based device management with analytics
- Connectivity services global, convenient and scalable cellular data plans
- Free upgrade to LEVEL 2 services prompt expert technical support and warranty with advanced hardware replacement
- Lantronix InfiniShield built-in security, including a secure element (SE) chip to enable secure boot, secure equipment access and secure communications and to prevent unauthorised access of confidential information
The new X300 gateway IoT solution will be displayed at ISC West in Las Vegas from March 28–31, 2023, in the Lantronix booth, Number 2097. For more information on this all-in-one package, visit Lantronix.
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