Lantronix, Inc. - Common Stock (LTRX)

Competitors to Lantronix, Inc. - Common Stock (LTRX)

Advantech Co., Ltd.

Advantech is a global leader in providing embedded and automation solutions for various industrial applications, which overlaps with some of Lantronix's market segments. Their strength lies in their extensive network of global partners and their broad product line that includes edge devices, IoT gateways, and industrial solutions. This scalability and global footprint give Advantech a significant edge in appealing to large enterprises needing comprehensive automated solutions.

Digi International Inc. 

Digi International Inc. specializes in providing connectivity solutions for the IoT and wireless communication markets, similar to Lantronix. They offer devices, services, and an ecosystem for IoT and are particularly strong in cellular and mesh networking solutions. Dig's extensive portfolio of enterprise-level and industrial-grade products positions them as a strong competitor against Lantronix, especially in applications requiring robust and reliable connections.

NetBurner

NetBurner focuses on embedded product development, offering solutions that enable internet connectivity for devices in various applications. They compete with Lantronix through their development kits and modules designed for IoT applications, where both companies aim to provide easy-to-integrate internet connectivity. However, Lantronix has a more established brand presence, which gives them an edge when dealing with enterprise clients.

Serial Solutions, LLC

Serial Solutions provides embedded connectivity solutions similar to those of Lantronix but focuses primarily on serial communication devices. Their strategy involves niche specialization in serial connections, which serves certain segments well, but they do not match the comprehensive solution offerings provided by Lantronix. Therefore, Lantronix maintains a competitive advantage by offering a wider variety of connectivity options and solutions.

Sierra Wireless, Inc.

Sierra Wireless operates in the IoT sector, offering a range of cellular connectivity solutions and gateways that compete directly with Lantronix's offerings. While both companies target similar market segments, Sierra Wireless has a broader focus that includes cloud-based IoT platforms, giving it added versatility in the market. This range of offerings potentially grants Sierra a competitive advantage in providing comprehensive solutions for large-scale IoT deployments.