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Lantronix Inc. has announced its new X300 Cellular Compact IoT Gateway Solution, which combines hardware, cloud-based device management, cellular connectivity, advanced security and tech support in an all-in-one package. The solution is ideal for secure mission-critical applications and is expected to grow at a compound annual growth rate (CAGR) of 14 percent to reach $2.18 billion by 2026. The X300 Compact Gateway IoT Solution includes the X300 Gateway, a compact industrial gateway with suitable hardware interfaces, including a Multi-mode Serial port, an Ethernet LAN port, Wi-Fi® 5, Bluetooth/BLE and Worldwide cellular options.