Digital Railway Market

Digital Railway Market by Offering (Solutions (Remote Monitoring, Network Management, Security, Analytics) and Services), Application (Rail Operations Management, Passenger Information System, and Asset Management) and Region - Global Forecast to 2027

Report Code: TC 7351 Aug, 2022, by marketsandmarkets.com

[223 Pages Report] MarketsandMarkets forecasts the global digital railway market size is expected to grow USD 63.0 billion in 2022 to USD 100.1 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 9.7% during the forecast period.

Digital Railway Market

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Digital Railway Market Dynamics

Driver: Surge in passenger numbers over the past few years

In various countries, the number of railway passengers has increased significantly over the past few years. The latest updates reveal that Germany reported 529,000 thousand passengers in Q3 2021 compared to 480,000 thousand in Q3 2020. Similarly, France reported 222,072 thousand passengers in Q3 2021 compared to 205,908 thousand in Q3 2020, which demonstrates an uptick in the number of railway commuters after the COVID-19 set-back. To provide quality transportation services to the increased number of passengers and efficiently manage the passenger traffic, railway operators need various digital railway solutions, such as traffic management solution, passenger information system, and passenger analytics. These solutions increase the efficiency of the railway operations and provide enhanced travel experience to customers. The increasing number of passengers in various countries is driving the global digital railway market.

Restraint: Lack of strong railway infrastructure in underdeveloped countries

Some of the underdeveloped countries still lack the budget to improve its railway infrastructure. Few countries with underdeveloped train infrastructure include Albania, Uruguay, Nigeria, Colombia, and Uganda. For countries with lack of strong railway infrastructure, investing in railway infrastructure becomes priority as compared to digitalization of the infrastructure. Strong rail infrastructure and communication infrastructure are a prerequisite to implement advanced digital technologies. Some of the digital solutions, such as traffic management or passenger analytics, are efficient only when applied on a certain level of scale. Several underdeveloped countries that lack a strong railway infrastructure and communication infrastructure are less expected to adopt digital railway solutions in the near future.

Opportunity: Rising demand for advanced transportation infrastructure

The impact of globalization has a directly effect on the traffic of all types of railway transportation. There is a demand for increased speed, security, and reliability. Hence, the upcoming railway transportation ecosystem must deliver solutions to satisfy the demand, from source to destination, with a high level of service, regardless of the distance traveled or the number of steps expected to reach the destination. The demand from people is changing daily, and therefore, there is a need for more accessible travel solutions. Intelligent solutions, for instance asset management and advanced control systems, provide information related to real-time conditions, which may be used to monitor schedule adherence and identify the condition of engines, wagons, and railway infrastructure. Proactive scheduling helps in reducing downtime and increasing efficiency.

Challenge: Increased threat of cyberattacks as railway system becomes digital

A significant amount of train and passenger data travels to the operating center as train operations have become more digital. Data stored on the server or data in transit can become the target of the cyber attackers looking to gain access to the data. In August 2019, Transport for London’s (TfL) temporarily suspended its site to protect its customer data after it identified malicious activity that affected accounts of 1,200 customers (one of the examples of cyberattacks on the digital railway system). The digitalized train functions, in case of cyberattacks, provide greater access to the train functionalities to the attackers. Damages caused by cyberattacks can be high in highly digitalized railway operations as compared to train operations with few digital components.

By Solutions, the predictive maintenance segment to grow at the highest CAGR during the forecast period

Predictive maintenance methods are designed to help determine the condition of in-service equipment to estimate when maintenance should be accomplished. This approach promises cost savings over routine or time-based preventive maintenance because tasks are performed only when warranted. Hence, it is regarded as condition based maintenance carried out as suggested by estimations of the degradation state of an item. Predictive maintenance solutions are being increasingly deployed in the railway industry to increase asset life and improve rail operations and safety. Predictive maintenance solutions are adept at accessing multiple data sources in real-time. These solutions further aid in predicting asset failure and quality issues, which, in turn, help reduce unplanned downtime and maintenance costs. The operational chain of asset-intensive industries is largely hampered by any machine failure and the associated time and repair costs. Predictive maintenance also plays a most important role in the railway industry and can notify the concerned operating engineers beforehand about a machine failure or performance degradation.

By Services, the managed services segment to grow at the highest CAGR during the forecast period

Managed services certain IT operations are outsourced to a service provider who distantly maintains the customer’s IT infrastructure. Organizations’ need to optimize resource utilization, which is one of the major factors, is expected to fuel the growth of the digital railway market. Managed services provide continuously upgrades and customized features to fulfill customers’ ever-growing demands. As a result, companies are rapidly outsourcing their tasks to managed service providers. The managed service providers comprise vendors from diverse backgrounds, ranging from specialized managed service providers to SIs and VARs.

By Application, the passenger information systems segment to grow at the highest CAGR during the forecast period

Passenger Information Systems is a key communication link between transportation operators and passengers. All along with system reliability, safety, and general appearance, the ability of operators to provide precise and current information on arrival and departure times is a key component of passenger satisfaction. PIS consists of real-time train tracking, route information and scheduling, travel planning, passenger infotainment, and online connectivity solutions. PIS architecture spans three different environments: rails, fixed installations, such as stations and depots, and a centralized control center. This architecture is mutually shared with security, control and monitoring, and network functionalities. The entire system is scalable to the growing rail network.

APAC to grow at the highest CAGR during the forecast period

Asia Pacific is estimated to be the fastest-growing region in terms of the growth of the digital railway market, due to the increase in the adoption of new technologies, higher investments in digital transformation, and the growth in GDP in the Asia Pacific countries. A majority of the potential economies in the region include Australia, Singapore, China, Korea, Hong Kong, and India, which are said to be rapidly investing in technological transformation. The high population growth rate in the region has intensified the need for transformation and expansion of the existing rail infrastructure. With untapped potential markets, the high penetration of advanced technologies, the growing freight usage in various industries, and the economic developments and government regulations are expected to drive the digital railway market growth at the highest rate in Asia Pacific during the forecast period.

Digital Railway Market Size, and Share

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Key Market Players

The report includes the study of key players digital railway market. It profiles major vendors in the virtual customer premises equipment market. The major vendors in the virtual customer premises equipment market include Siemens(Germany), Cisco (US), Hitachi (Japan), Wabtec (US), Alstom (France), IBM (US), ABB (Switzerland), Huawei (China), Thales (France), Fujitsu (Japan), DXC (US), Indra (Spain), Nokia (Finland), Atkins (UK), Toshiba (Japan), and Bombardier (Canada), ZEDAS(Germany), r2p(Germany), Simpleway(Czech Republic), Tego(US), Assetic(Australia), OXplus(Netherlands), Passio Technologies (US), Delphisonic(US), Uptake(US), KONUX(Germany), Machines With Vision(UK). These players have adopted various strategies to grow in the global offering digital railway market. The study includes an in-depth competitive analysis of these key players in the offering digital railway market with their company profiles, recent developments, and key market strategies.

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Scope of the Report

Report Metrics

Details

Market size available for years

2017-2027

Base year considered

2021

Forecast period

2022-2027

Forecast units

Value (USD Billion)

Segments covered

By solutions,services,application, and region

Regions covered

North America, Europe, Asia Pacific, Middle East and Africa and Latin America

Companies covered

Siemens(Germany), Cisco (US), Hitachi (Japan), Wabtec (US), Alstom (France), IBM (US), ABB (Switzerland), Huawei (China), Thales (France), Fujitsu (Japan), DXC (US), Indra (Spain), Nokia (Finland), Atkins (UK), Toshiba (Japan), and Bombardier (Canada), ZEDAS(Germany), r2p(Germany), Simpleway(Czech Republic), Tego(US), Assetic(Australia), OXplus(Netherlands), Passio Technologies(US),Delphisonic(US),Uptake(US),KONUX(Germany), and Machines With Vision(UK).

This research report categorizes the digital railway market to forecast revenues and analyze trends in each of the following subsegments:

By Solutions:

  • Remote Monitoring
  • Route Optimization And Scheduling
  • Analytics
  • Network management
  • Predictive maintenance
  • Security
  • Other Solutions (includesdigital Railway, content management for infotainment, and preventive maintenance)

By Services:

  • Managed Services
  • Professional Service

By Application:

  • Rail operations management
  • Passenger Information System
  • Asset Management
  • Other Applications (other aplications includes connectivity and communication)

By Region:

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • Middle East and Africa
    • Nigeria
    • United Arab Emirates
    • South Africa
    • Rest of Middle East and Africa
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America

Recent Developments:

  • In December 2021, Siemens developed Digital Train Control System in collaboration with VGF (Germany). This system is expected to replace the conventional train control system used in metro and tram networks. This system is developed to increase the capacity and efficiency of train routes, especially in the underground sections.
  • In November 2021, ABB Ability OneBox – Marine Signals Monitoring offers ship owners a new point of entry to digitalization, providing data about ship performance to improve efficiency, reduce fuel consumption, and cut emissions. OneBox provides owners information that helps them meet the International Maritime Organization’s decarbonization requirements for the existing ships.
  • In October 2021, As part of the Digital S-Bahn Hamburg project, Deutsche Bahn (DB) and Siemens Mobility (a division of Siemens) developed the world’s first automatic train, which is fully automated and controlled by digital technology and needs no human interference.
  • In March 2021, Thales launched new digital rail solutions for improving operational efficiency and passenger experience for greener mobility. The solution contributes to green mobility by reducing up to 15% CO2 emissions from metro and stations. Through the solution, the company helps transport passengers safely with the best possible experience, supervises operations with accurate situation awareness, and optimizes transport service efficiency.
  • In March 2021, Thales launched SelTracTM Generation 8 (G8), which is a CBTC solution for urban, metro, and light rail networks. The features of the solution include a new digital architecture with enhanced services and autonomy capabilities. The major benefits of the solution include flexibility and evolution capabilities, relying on the latest technologies to significantly reduce installation and lifecycle costs while maintaining passenger safety.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 24)
    1.1 OBJECTIVES
    1.2 MARKET DEFINITION
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 MARKET SCOPE
           1.3.1 MARKET SEGMENTATION
           1.3.2 REGIONS COVERED
           1.3.3 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED
           TABLE 1 USD EXCHANGE RATE, 2019–2021
    1.5 STAKEHOLDERS
    1.6 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 29)
    2.1 RESEARCH DATA
           FIGURE 1 DIGITAL RAILWAY MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
           2.1.2 PRIMARY DATA
                    2.1.2.1 Breakup of primary profiles
                    2.1.2.2 Key industry insights
    2.2 MARKET BREAKUP AND DATA TRIANGULATION
           FIGURE 2 DATA TRIANGULATION
    2.3 MARKET SIZE ESTIMATION
           FIGURE 3 DIGITAL RAILWAY MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES
           2.3.1 TOP-DOWN APPROACH
           2.3.2 BOTTOM-UP APPROACH
                    FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY - APPROACH 1 (SUPPLY-SIDE): REVENUE FROM DIGITAL RAILWAY SOLUTIONS/SERVICES
                    FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY - APPROACH 2, BOTTOM-UP (SUPPLY-SIDE): COLLECTIVE REVENUE FROM ALL DIGITAL RAILWAY SOLUTIONS/SERVICES
                    FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY - APPROACH 3, BOTTOM-UP (DEMAND-SIDE): SHARE OF DIGITAL RAILWAY THROUGH OVERALL DIGITAL RAILWAY SPENDING
    2.4 MARKET FORECAST
           TABLE 2 FACTOR ANALYSIS
    2.5 COMPANY EVALUATION MATRIX METHODOLOGY
           FIGURE 7 COMPANY EVALUATION MATRIX: CRITERIA WEIGHTAGE
    2.6 STARTUP/SME EVALUATION MATRIX METHODOLOGY
           FIGURE 8 STARTUP/SME EVALUATION MATRIX: CRITERIA WEIGHTAGE
    2.7 ASSUMPTIONS
    2.8 LIMITATIONS

3 EXECUTIVE SUMMARY (Page No. - 40)
    FIGURE 9 DIGITAL RAILWAY MARKET TO WITNESS SIGNIFICANT GROWTH DURING THE FORECAST PERIOD
    FIGURE 10 SOLUTIONS SEGMENT TO HOLD LARGER MARKET SIZE IN 2022
    FIGURE 11 REMOTE MONITORING SEGMENT TO HOLD LARGEST MARKET SIZE IN 2022
    FIGURE 12 PROFESSIONAL SERVICES SEGMENT TO HOLD HIGHEST MARKET SHARE IN 2022
    FIGURE 13 SYSTEM INTEGRATION & DEPLOYMENT SEGMENT TO HOLD HIGHEST MARKET SHARE IN 2022
    FIGURE 14 RAIL OPERATIONS MANAGEMENT SEGMENT TO HOLD LARGEST MARKET SIZE IN 2022
    FIGURE 15 NORTH AMERICA TO HOLD HIGHEST MARKET SHARE IN 2022

4 PREMIUM INSIGHTS (Page No. - 45)
    4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE DIGITAL RAILWAY MARKET
           FIGURE 16 RISING ADOPTION OF AUTOMATION TECHNOLOGIES TO DRIVE MARKET GROWTH
    4.2 MARKET: TOP THREE SOLUTIONS
           FIGURE 17 REMOTE MONITORING SEGMENT TO HOLD LARGEST MARKET SIZE DURING FORECAST PERIOD (2022–2027)
    4.3 MARKET, BY REGION
           FIGURE 18 EUROPE TO HOLD HIGHEST MARKET SHARE IN 2022

5 MARKET OVERVIEW AND INDUSTRY TRENDS (Page No. - 47)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 19 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: DIGITAL RAILWAY MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Surge in passenger numbers over the past few years
                    5.2.1.2 Rising adoption of IoT in railways
                    5.2.1.3 Advancements in communication technology
           5.2.2 RESTRAINTS
                    5.2.2.1 Lack of robust railway infrastructure in underdeveloped countries
                    5.2.2.2 High initial cost of deployment
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Rising need for advanced transportation infrastructure
                    5.2.3.2 Autonomous train to be significant opportunity for digital railway solution providers
                    5.2.3.3 Emerging trend of smart cities
           5.2.4 CHALLENGES
                    5.2.4.1 Increased threat of cyberattacks as railway system becomes digital
                    5.2.4.2 Lack of IT infrastructure and skilled personnel
    5.3 PRICING MODEL ANALYSIS
           TABLE 3 PRICING ANALYSIS
    5.4 TRENDS AND DISRUPTIONS IMPACTING BUYERS
           FIGURE 20 REVENUE SHIFT FOR MARKET
    5.5 DIGITAL RAILWAY MARKET: COVID-19 IMPACT
    5.6 CASE STUDY ANALYSIS
           5.6.1 USE CASES
                    5.6.1.1 Case study 1: Siemens provides maintenance services to Govia Thameslink Railway
                    5.6.1.2 Case study 2: Thales provided Bane (NOR) with next-generation traffic management system
                    5.6.1.3 Case study 3: Assetic helped Sydney Trains visualize rail assets for optimized asset management
                    5.6.1.4 Case study 4: Thales provided train-to-ground broadband data communication solution to Brescia Metro
                    5.6.1.5 Case study 5: Taiwan High Speed Rail Corporation selected IBM Maximo to build an advanced maintenance management solution
    5.7 VALUE CHAIN ANALYSIS
           FIGURE 21 VALUE CHAIN ANALYSIS
    5.8 ECOSYSTEM
           FIGURE 22 DIGITAL RAILWAY MARKET: ECOSYSTEM
           TABLE 4 MARKET: ECOSYSTEM
    5.9 PATENT ANALYSIS
           5.9.1 METHODOLOGY
           5.9.2 DOCUMENT TYPE
                    TABLE 5 PATENTS FILED, 2019–2022
           5.9.3 INNOVATION AND PATENT APPLICATIONS
                    FIGURE 23 ANNUAL NUMBER OF PATENTS GRANTED, 2019–2022
                    5.9.3.1 Top applicants
                               FIGURE 24 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS, 2019–2022
    5.1 TECHNOLOGY ANALYSIS
           5.10.1 INTERNET OF THINGS IN RAILWAYS
           5.10.2 BIG DATA ANALYTICS AND CLOUD COMPUTING IN RAILWAYS
           5.10.3 HYPERLOOP - THE FUTURE OF TRANSPORTATION
           5.10.4 DRONES FOR IDENTIFYING RAILWAY INFRASTRUCTURE ISSUES
           5.10.5 AUTOMATIC WARNING SYSTEM
    5.11 REGULATORY IMPLICATIONS
           5.11.1 ISO
                    5.11.1.1 ISO/IEC JTC 1
                    5.11.1.2 ISO/IEC 27001
                    5.11.1.3 ISO/IEC 19770-1
                    5.11.1.4 ISO/IEC JTC 1/SWG 5
                    5.11.1.5 ISO/IEC JTC 1/SC 31
                    5.11.1.6 ISO/IEC JTC 1/SC 27
                    5.11.1.7 ISO/IEC JTC 1/WG 7 sensors
           5.11.2 GDPR
           5.11.3 FMCSA
           5.11.4 FHWA
           5.11.5 MARAD
           5.11.6 FAA
           5.11.7 FRA
           5.11.8 IEEE-SA
           5.11.9 CEN/ISO
                    5.11.10 CEN/CENELEC
                    5.11.11 ETSI
                    5.11.12 ITU-T
    5.12 PORTER’S FIVE FORCES ANALYSIS
                    TABLE 6 DIGITAL RAILWAY MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.12.1 THREAT OF NEW ENTRANTS
           5.12.2 THREAT OF SUBSTITUTES
           5.12.3 BARGAINING POWER OF SUPPLIERS
           5.12.4 BARGAINING POWER OF BUYERS
           5.12.5 INTENSITY OF COMPETITIVE RIVALRY

6 DIGITAL RAILWAY MARKET, BY SOLUTION (Page No. - 66)
    6.1 INTRODUCTION
           6.1.1 SOLUTION: MARKET DRIVERS
                    FIGURE 25 PREDICTIVE MAINTENANCE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
                    TABLE 7 MARKET, BY SOLUTION, 2017–2021 (USD BILLION)
                    TABLE 8 DIGITAL RAILWAY MARKET, BY SOLUTION, 2022–2027 (USD BILLION)
    6.2 REMOTE MONITORING
           6.2.1 REMOTE MONITORING SOLUTIONS TO IMPROVE RELIABILITY OF RAILWAY INFRASTRUCTURE
                    TABLE 9 DIGITAL RAILWAY REMOTE MONITORING MARKET, BY REGION, 2017–2021 (USD BILLION)
                    TABLE 10 DIGITAL RAILWAY REMOTE MONITORING MARKET, BY REGION, 2022–2027 (USD BILLION)
    6.3 ROUTE OPTIMIZATION & SCHEDULING
           6.3.1 ROUTE OPTIMIZATION & SCHEDULING SOLUTIONS TO ENABLE EFFICIENT MANAGEMENT OF ROUTINE OPERATIONS FOR TRAINS
                    TABLE 11 DIGITAL RAILWAY ROUTE OPTIMIZATION & SCHEDULING MARKET, BY REGION, 2017–2021 (USD BILLION)
                    TABLE 12 DIGITAL RAILWAY ROUTE OPTIMIZATION & SCHEDULING MARKET, BY REGION, 2022–2027 (USD BILLION)
    6.4 ANALYTICS
           6.4.1 RAIL ANALYTICS SYSTEMS TO HELP IN DEMAND PLANNING, REVENUE AND WORKFORCE MANAGEMENT, TRANSIT ANALYSIS, AND PRICING ANALYSIS
                    TABLE 13 DIGITAL RAILWAY ANALYTICS MARKET, BY REGION, 2017–2021 (USD BILLION)
                    TABLE 14 DIGITAL RAILWAY ANALYTICS MARKET, BY REGION, 2022–2027 (USD BILLION)
    6.5 NETWORK MANAGEMENT
           6.5.1 NETWORK MANAGEMENT SOLUTIONS PLAY AN IMPORTANT ROLE IN DISASTER MANAGEMENT AND MINIMIZING LOSS
                    TABLE 15 DIGITAL RAILWAY NETWORK MANAGEMENT MARKET, BY REGION, 2017–2021 (USD BILLION)
                    TABLE 16 DIGITAL RAILWAY NETWORK MANAGEMENT MARKET, BY REGION, 2022–2027 (USD BILLION)
    6.6 PREDICTIVE MAINTENANCE
           6.6.1 PREDICTIVE MAINTENANCE SOLUTIONS TO INCREASE ASSET LIFE AND IMPROVE RAIL OPERATIONS AND SAFETY
                    TABLE 17 DIGITAL RAILWAY PREDICTIVE MAINTENANCE MARKET, BY REGION, 2017–2021 (USD BILLION)
                    TABLE 18 DIGITAL RAILWAY PREDICTIVE MAINTENANCE MARKET, BY REGION, 2022–2027 (USD BILLION)
    6.7 SECURITY
           6.7.1 RAIL SECURITY SOLUTIONS TO BE ADOPTED INCREASINGLY WITH HIGHER DEPLOYMENT OF DIGITAL SOLUTIONS
                    TABLE 19 DIGITAL RAILWAY SECURITY MARKET, BY REGION, 2017–2021 (USD BILLION)
                    TABLE 20 DIGITAL RAILWAY SECURITY MARKET, BY REGION, 2022–2027 (USD BILLION)
    6.8 OTHER SOLUTIONS
           TABLE 21 OTHER DIGITAL RAILWAY SOLUTIONS MARKET, BY REGION, 2017–2021 (USD BILLION)
           TABLE 22 OTHER DIGITAL RAILWAY SOLUTIONS MARKET, BY REGION, 2022–2027 (USD BILLION)

7 DIGITAL RAILWAY MARKET, BY SERVICE (Page No. - 77)
    7.1 INTRODUCTION
           7.1.1 SERVICE: MARKET DRIVERS
                    FIGURE 26 MANAGED SERVICES TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
                    TABLE 23 MARKET, BY SERVICE, 2017–2021 (USD BILLION)
                    TABLE 24 DIGITAL RAILWAY MARKET, BY SERVICE, 2022–2027 (USD BILLION)
    7.2 PROFESSIONAL SERVICES
           TABLE 25 DIGITAL RAILWAY PROFESSIONAL SERVICES MARKET, BY TYPE, 2017–2021 (USD BILLION)
           TABLE 26 DIGITAL RAILWAY PROFESSIONAL SERVICES MARKET, BY TYPE, 2022–2027 (USD BILLION)
           TABLE 27 DIGITAL RAILWAY PROFESSIONAL SERVICES MARKET, BY REGION, 2017–2021 (USD BILLION)
           TABLE 28 DIGITAL RAILWAY PROFESSIONAL SERVICES MARKET, BY REGION, 2022–2027 (USD BILLION)
           7.2.1 CONSULTING
                    7.2.1.1 Consulting service vendors to offer recommendations on implementing new technologies
                               TABLE 29 DIGITAL RAILWAY CONSULTING SERVICES MARKET, BY REGION, 2017–2021 (USD BILLION)
                               TABLE 30 DIGITAL RAILWAY CONSULTING SERVICES, BY REGION, 2022–2027 (USD BILLION)
           7.2.2 SYSTEM INTEGRATION & DEPLOYMENT
                    7.2.2.1 System integration & deployment service providers to help integrate smart solutions with their existing infrastructure
                               TABLE 31 DIGITAL RAILWAY SYSTEM INTEGRATION & DEPLOYMENT MARKET, BY REGION, 2017–2021 (USD BILLION)
                               TABLE 32 DIGITAL RAILWAY SYSTEM INTEGRATION & DEPLOYMENT MARKET, BY REGION, 2022–2027 (USD BILLION)
           7.2.3 SUPPORT & MAINTENANCE
                    7.2.3.1 Support & maintenance services to assist in installing freight management system solutions
                               TABLE 33 DIGITAL RAILWAY SUPPORT & MAINTENANCE MARKET, BY REGION, 2017–2021 (USD BILLION)
                               TABLE 34 DIGITAL RAILWAY SUPPORT & MAINTENANCE MARKET, BY REGION, 2022–2027 (USD BILLION)
    7.3 MANAGED SERVICES
           TABLE 35 DIGITAL RAILWAY MANAGED SERVICES MARKET, BY REGION, 2017–2021 (USD BILLION)
           TABLE 36 DIGITAL RAILWAY MANAGED SERVICES MARKET, BY REGION, 2022–2027 (USD BILLION)

8 DIGITAL RAILWAY MARKET, BY APPLICATION (Page No. - 86)
    8.1 INTRODUCTION
           8.1.1 APPLICATION: MARKET DRIVERS
                    FIGURE 27 PASSENGER INFORMATION SYSTEMS TO BE FASTEST-GROWING SEGMENT
                    TABLE 37 MARKET, BY APPLICATION, 2017–2021 (USD BILLION)
                    TABLE 38 DIGITAL RAILWAY MARKET, BY APPLICATION, 2022–2027 (USD BILLION)
    8.2 RAIL OPERATIONS MANAGEMENT
           TABLE 39 DIGITAL RAIL OPERATIONS MANAGEMENT APPLICATION MARKET, BY REGION, 2017–2021 (USD BILLION)
           TABLE 40 DIGITAL RAIL OPERATIONS MANAGEMENT APPLICATION MARKET, BY REGION, 2022–2027 (USD BILLION)
           TABLE 41 DIGITAL RAIL OPERATIONS MANAGEMENT APPLICATION MARKET, BY TYPE, 2017–2021 (USD BILLION)
           TABLE 42 DIGITAL RAIL OPERATIONS MANAGEMENT APPLICATION MARKET, BY TYPE, 2022–2027 (USD BILLION)
           8.2.1 RAIL AUTOMATION MANAGEMENT
                    8.2.1.1 Rail automation system comprises traffic monitoring and protection systems to ensure safety and better experience
                               TABLE 43 RAIL AUTOMATION MANAGEMENT APPLICATION MARKET, BY REGION, 2017–2021 (USD BILLION)
                               TABLE 44 RAIL AUTOMATION MANAGEMENT APPLICATION MARKET, BY REGION, 2022–2027 (USD BILLION)
           8.2.2 RAIL CONTROL
                    TABLE 45 DIGITAL RAIL CONTROL APPLICATION MARKET, BY TYPE, 2017–2021 (USD BILLION)
                    TABLE 46 DIGITAL RAIL CONTROL APPLICATION MARKET, BY TYPE, 2022–2027 (USD BILLION)
                    8.2.2.1 Signaling Solutions
                               8.2.2.1.1 Signaling solutions to ensure communication between trains, stations, and workforce
                               TABLE 47 DIGITAL RAILWAY SIGNALING SOLUTION MARKET, BY REGION, 2017–2021 (USD BILLION)
                               TABLE 48 DIGITAL RAILWAY SIGNALING SOLUTION MARKET, BY REGION, 2022–2027 (USD BILLION)
                    8.2.2.2 Rail Traffic Management
                               8.2.2.2.1 Rail traffic management to offer flexible solutions to increase railway network capacity and efficiency
                               TABLE 49 DIGITAL RAIL TRAFFIC MANAGEMENT MARKET, BY REGION, 2017–2021 (USD BILLION)
                               TABLE 50 DIGITAL RAIL TRAFFIC MANAGEMENT MARKET, BY REGION, 2022–2027 (USD BILLION)
                    8.2.2.3 Freight Management
                               8.2.2.3.1 Freight management systems to help freight operators in infrastructure and planning decisions
                               TABLE 51 DIGITAL RAILWAY FREIGHT MANAGEMENT MARKET, BY REGION, 2017–2021 (USD BILLION)
                               TABLE 52 DIGITAL RAILWAY FREIGHT MANAGEMENT MARKET, BY REGION, 2022–2027 (USD BILLION)
           8.2.3 SMART TICKETING
                    8.2.3.1 Smart ticketing to help contribute to overall improvement of railway transport network
                               TABLE 53 DIGITAL RAILWAY SMART TICKETING MARKET, BY REGION, 2017–2021 (USD BILLION)
                               TABLE 54 DIGITAL RAILWAY SMART TICKETING MARKET, BY REGION, 2022–2027 (USD BILLION)
           8.2.4 WORKFORCE MANAGEMENT
                    8.2.4.1 Workforce management to ensure significant cost reduction and effective employee engagement
                               TABLE 55 DIGITAL RAILWAY WORKFORCE MANAGEMENT MARKET, BY REGION, 2017–2021 (USD BILLION)
                               TABLE 56 DIGITAL RAILWAY WORKFORCE MANAGEMENT MARKET, BY REGION, 2022–2027 (USD BILLION)
    8.3 PASSENGER INFORMATION SYSTEMS
           8.3.1 PASSENGER INFORMATION SYSTEMS TO BE KEY COMMUNICATION LINK BETWEEN TRANSPORTATION OPERATORS AND PASSENGER CONNECTIVITY
                    TABLE 57 DIGITAL RAILWAY PASSENGER INFORMATION SYSTEM MARKET, BY REGION, 2017–2021 (USD BILLION)
                    TABLE 58 DIGITAL RAILWAY PASSENGER INFORMATION SYSTEM MARKET, BY REGION, 2022–2027 (USD BILLION)
    8.4 ASSET MANAGEMENT
           8.4.1 RAIL ASSET MANAGEMENT TO OPTIMIZE PERFORMANCE AND RAIL INFRASTRUCTURE
                    TABLE 59 DIGITAL RAILWAY ASSET MANAGEMENT MARKET, BY REGION, 2017–2021 (USD BILLION)
                    TABLE 60 DIGITAL RAILWAY ASSET MANAGEMENT MARKET, BY REGION, 2022–2027 (USD BILLION)
    8.5 OTHER APPLICATIONS
           TABLE 61 OTHER DIGITAL RAILWAY APPLICATIONS MARKET, BY REGION, 2017–2021 (USD BILLION)
           TABLE 62 OTHER DIGITAL RAILWAY APPLICATIONS MARKET, BY REGION, 2022–2027 (USD BILLION)

9 DIGITAL RAILWAY MARKET, BY REGION (Page No. - 100)
    9.1 INTRODUCTION
           FIGURE 28 ASIA PACIFIC TO BE FASTEST-GROWING REGION IN MARKET
           FIGURE 29 EUROPE TO BE LARGEST REGIONAL MARKET IN 2022
           TABLE 63 MARKET, BY REGION, 2017–2021 (USD BILLION)
           TABLE 64 MARKET, BY REGION, 2022–2027 (USD BILLION)
    9.2 NORTH AMERICA
           9.2.1 NORTH AMERICA: MARKET DRIVERS
           9.2.2 NORTH AMERICA: REGULATORY IMPLICATIONS
                    FIGURE 30 NORTH AMERICA: MARKET SNAPSHOT
                    TABLE 65 NORTH AMERICA: DIGITAL RAILWAY MARKET, BY OFFERING, 2017–2021 (USD BILLION)
                    TABLE 66 NORTH AMERICA: MARKET, BY OFFERING, 2022–2027 (USD BILLION)
                    TABLE 67 NORTH AMERICA: MARKET, BY SOLUTION, 2017–2021 (USD BILLION)
                    TABLE 68 NORTH AMERICA: MARKET, BY SOLUTION, 2022–2027 (USD BILLION)
                    TABLE 69 NORTH AMERICA: MARKET, BY SERVICE, 2017–2021 (USD BILLION)
                    TABLE 70 NORTH AMERICA: MARKET, BY SERVICE, 2022–2027 (USD BILLION)
                    TABLE 71 NORTH AMERICA: MARKET, BY PROFESSIONAL SERVICE, 2017–2021 (USD BILLION)
                    TABLE 72 NORTH AMERICA: MARKET, BY PROFESSIONAL SERVICE, 2022–2027 (USD BILLION)
                    TABLE 73 NORTH AMERICA: MARKET, BY APPLICATION, 2017–2021 (USD BILLION)
                    TABLE 74 NORTH AMERICA: DIGITAL RAILWAY MARKET, BY APPLICATION, 2022–2027 (USD BILLION)
                    TABLE 75 NORTH AMERICA: DIGITAL RAIL OPERATIONS MANAGEMENT APPLICATION MARKET, BY TYPE, 2017–2021 (USD BILLION)
                    TABLE 76 NORTH AMERICA: DIGITAL RAIL OPERATIONS MANAGEMENT APPLICATION MARKET, BY TYPE, 2022–2027 (USD BILLION)
                    TABLE 77 NORTH AMERICA: DIGITAL RAIL CONTROL APPLICATION MARKET, BY TYPE, 2017–2021 (USD BILLION)
                    TABLE 78 NORTH AMERICA: DIGITAL RAIL CONTROL APPLICATION MARKET, BY TYPE, 2022–2027 (USD BILLION)
                    TABLE 79 NORTH AMERICA: MARKET, BY COUNTRY, 2017–2021 (USD BILLION)
                    TABLE 80 NORTH AMERICA: MARKET, BY COUNTRY, 2022–2027 (USD BILLION)
           9.2.3 US
                    9.2.3.1 Government initiatives to drive market in US
           9.2.4 CANADA
                    9.2.4.1 Increase in number of passengers and higher freight traffic to drive market in Canada
    9.3 EUROPE
           9.3.1 EUROPE: MARKET DRIVERS
           9.3.2 EUROPE: REGULATORY IMPLICATIONS
                    TABLE 81 EUROPE: DIGITAL RAILWAY MARKET, BY OFFERING, 2017–2021 (USD BILLION)
                    TABLE 82 EUROPE: MARKET, BY OFFERING, 2022–2027 (USD BILLION)
                    TABLE 83 EUROPE: MARKET, BY SOLUTION, 2017–2021 (USD BILLION)
                    TABLE 84 EUROPE: MARKET, BY SOLUTION, 2022–2027 (USD BILLION)
                    TABLE 85 EUROPE: MARKET, BY SERVICE, 2017–2021 (USD BILLION)
                    TABLE 86 EUROPE: MARKET, BY SERVICE, 2022–2027 (USD BILLION)
                    TABLE 87 EUROPE: MARKET, BY PROFESSIONAL SERVICE, 2017–2021 (USD BILLION)
                    TABLE 88 EUROPE: MARKET, BY PROFESSIONAL SERVICE, 2022–2027 (USD BILLION)
                    TABLE 89 EUROPE: MARKET, BY APPLICATION, 2017–2021 (USD BILLION)
                    TABLE 90 EUROPE: DIGITAL RAILWAY MARKET, BY APPLICATION, 2022–2027 (USD BILLION)
                    TABLE 91 EUROPE: DIGITAL RAIL OPERATIONS MANAGEMENT APPLICATION MARKET, BY TYPE, 2017–2021 (USD BILLION)
                    TABLE 92 EUROPE: DIGITAL RAIL OPERATIONS MANAGEMENT APPLICATION MARKET, BY TYPE, 2022–2027 (USD BILLION)
                    TABLE 93 EUROPE: DIGITAL RAIL CONTROL APPLICATION MARKET, BY TYPE, 2017–2021 (USD BILLION)
                    TABLE 94 EUROPE: DIGITAL RAIL CONTROL APPLICATION MARKET, BY TYPE, 2022–2027 (USD BILLION)
                    TABLE 95 EUROPE: MARKET, BY COUNTRY, 2017–2021 (USD BILLION)
                    TABLE 96 EUROPE: MARKET, BY COUNTRY, 2022–2027 (USD BILLION)
           9.3.3 UK
                    9.3.3.1 Need to improve efficiency of existing railway infrastructure to boost market in UK
           9.3.4 GERMANY
                    9.3.4.1 Greater adoption of IoT and analytics to boost market in Germany
           9.3.5 FRANCE
                    9.3.5.1 High investment by railway operators to drive market in France
           9.3.6 REST OF EUROPE
    9.4 ASIA PACIFIC
           9.4.1 ASIA PACIFIC: MARKET DRIVERS
           9.4.2 ASIA PACIFIC: REGULATORY IMPLICATIONS
                    FIGURE 31 ASIA PACIFIC: MARKET SNAPSHOT
                    TABLE 97 ASIA PACIFIC: DIGITAL RAILWAY MARKET, BY OFFERING, 2017–2021 (USD BILLION)
                    TABLE 98 ASIA PACIFIC: MARKET, BY OFFERING, 2022–2027 (USD BILLION)
                    TABLE 99 ASIA PACIFIC: MARKET, BY SOLUTION, 2017–2021 (USD BILLION)
                    TABLE 100 ASIA PACIFIC: MARKET, BY SOLUTION, 2022–2027 (USD BILLION)
                    TABLE 101 ASIA PACIFIC: MARKET, BY SERVICE, 2017–2021 (USD BILLION)
                    TABLE 102 ASIA PACIFIC: MARKET, BY SERVICE, 2022–2027 (USD BILLION)
                    TABLE 103 ASIA PACIFIC: MARKET, BY PROFESSIONAL SERVICE, 2017–2021 (USD BILLION)
                    TABLE 104 ASIA PACIFIC: MARKET, BY PROFESSIONAL SERVICE, 2022–2027 (USD BILLION)
                    TABLE 105 ASIA PACIFIC: MARKET, BY APPLICATION, 2017–2021 (USD BILLION)
                    TABLE 106 ASIA PACIFIC: DIGITAL RAILWAY MARKET, BY APPLICATION, 2022–2027 (USD BILLION)
                    TABLE 107 ASIA PACIFIC: DIGITAL RAIL OPERATIONS MANAGEMENT APPLICATION MARKET, BY TYPE, 2017–2021 (USD BILLION)
                    TABLE 108 ASIA PACIFIC: DIGITAL RAIL OPERATIONS MANAGEMENT APPLICATION MARKET, BY TYPE, 2022–2027 (USD BILLION)
                    TABLE 109 ASIA PACIFIC: DIGITAL RAIL CONTROL APPLICATION MARKET, BY TYPE, 2017–2021 (USD BILLION)
                    TABLE 110 ASIA PACIFIC: DIGITAL RAIL CONTROL APPLICATION MARKET, BY TYPE, 2022–2027 (USD BILLION)
                    TABLE 111 ASIA PACIFIC: MARKET, BY COUNTRY, 2017–2021 (USD BILLION)
                    TABLE 112 ASIA PACIFIC: MARKET, BY COUNTRY, 2022–2027 (USD BILLION)
           9.4.3 CHINA
                    9.4.3.1 High government investments in railway infrastructure and rapid growth in railways to drive market in China
           9.4.4 INDIA
                    9.4.4.1 Higher railway profits and government initiatives for smart cities to drive market in India
           9.4.5 JAPAN
                    9.4.5.1 Increase in adoption of railway technologies to boost market in Japan
           9.4.6 REST OF ASIA PACIFIC
    9.5 MIDDLE EAST & AFRICA
           9.5.1 MIDDLE EAST & AFRICA: DIGITAL RAILWAY MARKET DRIVERS
           9.5.2 MIDDLE EAST & AFRICA: REGULATORY IMPLICATIONS
                    TABLE 113 MIDDLE EAST & AFRICA: MARKET, BY OFFERING, 2017–2021 (USD BILLION)
                    TABLE 114 MIDDLE EAST & AFRICA: MARKET, BY OFFERING, 2022–2027 (USD BILLION)
                    TABLE 115 MIDDLE EAST & AFRICA: MARKET, BY SOLUTION, 2017–2021 (USD BILLION)
                    TABLE 116 MIDDLE EAST & AFRICA: MARKET, BY SOLUTION, 2022–2027 (USD BILLION)
                    TABLE 117 MIDDLE EAST & AFRICA: MARKET, BY SERVICE, 2017–2021 (USD BILLION)
                    TABLE 118 MIDDLE EAST & AFRICA: MARKET, BY SERVICE, 2022–2027 (USD BILLION)
                    TABLE 119 MIDDLE EAST & AFRICA: MARKET, BY PROFESSIONAL SERVICE, 2017–2021 (USD BILLION)
                    TABLE 120 MIDDLE EAST & AFRICA: MARKET, BY PROFESSIONAL SERVICE, 2022–2027 (USD BILLION)
                    TABLE 121 MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2017–2021 (USD BILLION)
                    TABLE 122 MIDDLE EAST & AFRICA: DIGITAL RAILWAY MARKET, BY APPLICATION, 2022–2027 (USD BILLION)
                    TABLE 123 MIDDLE EAST & AFRICA: DIGITAL RAIL OPERATIONS MANAGEMENT APPLICATION MARKET, BY TYPE, 2017–2021 (USD BILLION)
                    TABLE 124 MIDDLE EAST & AFRICA: DIGITAL RAIL OPERATIONS MANAGEMENT APPLICATION MARKET, BY TYPE, 2022–2027 (USD BILLION)
                    TABLE 125 MIDDLE EAST & AFRICA: DIGITAL RAIL CONTROL APPLICATION MARKET, BY TYPE, 2017–2021 (USD BILLION)
                    TABLE 126 MIDDLE EAST & AFRICA: DIGITAL RAIL CONTROL APPLICATION MARKET, BY TYPE, 2022–2027 (USD BILLION)
                    TABLE 127 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2017–2021 (USD BILLION)
                    TABLE 128 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2022–2027 (USD BILLION)
           9.5.3 NIGERIA
                    9.5.3.1 Government initiatives combined with cooperation with other countries to boost market in Nigeria
           9.5.4 UAE
                    9.5.4.1 Government initiatives to drive market in UAE
           9.5.5 SOUTH AFRICA
                    9.5.5.1 Increased demand for transportation services to match regional trade requirements to drive market in South Africa
           9.5.6 REST OF THE MIDDLE EAST & AFRICA
    9.6 LATIN AMERICA
           9.6.1 LATIN AMERICA: DIGITAL RAILWAY MARKET DRIVERS
           9.6.2 LATIN AMERICA: REGULATORY IMPLICATIONS
                    TABLE 129 LATIN AMERICA: MARKET, BY OFFERING, 2017–2021 (USD BILLION)
                    TABLE 130 LATIN AMERICA: MARKET, BY OFFERING, 2022–2027 (USD BILLION)
                    TABLE 131 LATIN AMERICA: MARKET, BY SOLUTION, 2017–2021 (USD BILLION)
                    TABLE 132 LATIN AMERICA: MARKET, BY SOLUTION, 2022–2027 (USD BILLION)
                    TABLE 133 LATIN AMERICA: MARKET, BY SERVICE, 2017–2021 (USD BILLION)
                    TABLE 134 LATIN AMERICA: MARKET, BY SERVICE, 2022–2027 (USD BILLION)
                    TABLE 135 LATIN AMERICA: MARKET, BY PROFESSIONAL SERVICE, 2017–2021 (USD BILLION)
                    TABLE 136 LATIN AMERICA: MARKET, BY PROFESSIONAL SERVICE, 2022–2027 (USD BILLION)
                    TABLE 137 LATIN AMERICA: MARKET, BY APPLICATION, 2017–2021 (USD BILLION)
                    TABLE 138 LATIN AMERICA: DIGITAL RAILWAY MARKET, BY APPLICATION, 2022–2027 (USD BILLION)
                    TABLE 139 LATIN AMERICA: DIGITAL RAIL OPERATIONS MANAGEMENT APPLICATION MARKET, BY TYPE, 2017–2021 (USD BILLION)
                    TABLE 140 LATIN AMERICA: DIGITAL RAIL OPERATIONS MANAGEMENT APPLICATION MARKET, BY TYPE, 2022–2027 (USD BILLION)
                    TABLE 141 LATIN AMERICA: DIGITAL RAIL CONTROL APPLICATION MARKET, BY TYPE, 2017–2021 (USD BILLION)
                    TABLE 142 LATIN AMERICA: DIGITAL RAIL CONTROL APPLICATION MARKET, BY TYPE, 2022–2027 (USD BILLION)
                    TABLE 143 LATIN AMERICA: MARKET, BY COUNTRY, 2017–2021 (USD BILLION)
                    TABLE 144 LATIN AMERICA: MARKET, BY COUNTRY, 2022–2027 (USD BILLION)
           9.6.3 BRAZIL
                    9.6.3.1 Large scope for further development of railway infrastructure to boost opportunity in Brazil
           9.6.4 MEXICO
                    9.6.4.1 Strategic location in North America to play key role in development of railway infrastructure in Mexico
           9.6.5 REST OF LATIN AMERICA

10 COMPETITIVE LANDSCAPE (Page No. - 139)
     10.1 OVERVIEW
     10.2 KEY PLAYER STRATEGIES
     10.3 MARKET SHARE ANALYSIS
               FIGURE 32 DIGITAL RAILWAY MARKET SHARE ANALYSIS OF KEY PLAYERS
               TABLE 145 MARKET: DEGREE OF COMPETITION
     10.4 REVENUE ANALYSIS
               FIGURE 33 REVENUE ANALYSIS FOR LEADING PLAYERS, 2019–2021
     10.5 COMPANY EVALUATION QUADRANT
             10.5.1 STARS
             10.5.2 EMERGING LEADERS
             10.5.3 PERVASIVE PLAYERS
             10.5.4 PARTICIPANTS
                       FIGURE 34 KEY DIGITAL RAILWAY MARKET PLAYER EVALUATION MATRIX, 2022
     10.6 COMPETITIVE BENCHMARKING
               TABLE 146 COMPANY PRODUCT FOOTPRINT
               TABLE 147 COMPANY REGION FOOTPRINT
     10.7 STARTUP/SME EVALUATION QUADRANT
             10.7.1 PROGRESSIVE COMPANIES
             10.7.2 RESPONSIVE COMPANIES
             10.7.3 DYNAMIC COMPANIES
             10.7.4 STARTING BLOCKS
                       FIGURE 35 STARTUP/SME DIGITAL RAILWAY MARKET EVALUATION MATRIX, 2022
     10.8 COMPETITIVE SCENARIO
             10.8.1 PRODUCT LAUNCHES
                       TABLE 148 PRODUCT LAUNCHES, JUNE 2019–DECEMBER 2021
             10.8.2 DEALS
                       TABLE 149 DEALS, MARCH 2018–MAY 2022

11 COMPANY PROFILES (Page No. - 154)
     11.1 INTRODUCTION
(Business Overview, Products, Key Insights, Recent Developments, Response to COVID-19, MnM View)*
             11.1.1 SIEMENS
                       TABLE 150 SIEMENS: BUSINESS OVERVIEW
                       FIGURE 36 SIEMENS: COMPANY SNAPSHOT
                       TABLE 151 SIEMENS: PRODUCTS OFFERED
                       TABLE 152 SIEMENS: PRODUCT LAUNCHES AND ENHANCEMENTS
                       TABLE 153 SIEMENS: DEALS
             11.1.2 CISCO
                       TABLE 154 CISCO: BUSINESS OVERVIEW
                       FIGURE 37 CISCO: COMPANY SNAPSHOT
                       TABLE 155 CISCO: PRODUCTS OFFERED
                       TABLE 156 CISCO: DEALS
             11.1.3 HITACHI
                       TABLE 157 HITACHI: BUSINESS OVERVIEW
                       FIGURE 38 HITACHI: COMPANY SNAPSHOT
                       TABLE 158 HITACHI: PRODUCTS OFFERED
                       TABLE 159 HITACHI: DEALS
             11.1.4 WABTEC
                       TABLE 160 WABTEC: BUSINESS OVERVIEW
                       FIGURE 39 WABTEC: COMPANY SNAPSHOT
                       TABLE 161 WABTEC: PRODUCTS OFFERED
                       TABLE 162 WABTEC: PRODUCT LAUNCHES AND ENHANCEMENTS
                       TABLE 163 WABTEC: DEALS
             11.1.5 ALSTOM
                       TABLE 164 ALSTOM: BUSINESS OVERVIEW
                       FIGURE 40 ALSTOM: COMPANY SNAPSHOT
                       TABLE 165 ALSTOM: PRODUCTS OFFERED
                       TABLE 166 ALSTOM: DEALS
             11.1.6 IBM
                       TABLE 167 IBM: BUSINESS OVERVIEW
                       FIGURE 41 IBM: COMPANY SNAPSHOT
                       TABLE 168 IBM: PRODUCTS OFFERED
             11.1.7 ABB
                       TABLE 169 ABB: BUSINESS OVERVIEW
                       FIGURE 42 ABB: COMPANY SNAPSHOT
                       TABLE 170 ABB: PRODUCTS OFFERED
                       TABLE 171 ABB: PRODUCT LAUNCHES
                       TABLE 172 ABB: DEALS
             11.1.8 HUAWEI
                       TABLE 173 HUAWEI: BUSINESS OVERVIEW
                       FIGURE 43 HUAWEI: COMPANY SNAPSHOT
                       TABLE 174 HUAWEI: PRODUCTS OFFERED
                       TABLE 175 HUAWEI: PRODUCT LAUNCHES
                       TABLE 176 HUAWEI: DEALS
             11.1.9 THALES
                       TABLE 177 THALES: BUSINESS OVERVIEW
                       FIGURE 44 THALES: COMPANY SNAPSHOT
                       TABLE 178 THALES: PRODUCTS OFFERED
                       TABLE 179 THALES: PRODUCT LAUNCHES
                       TABLE 180 THALES: DEALS
             11.1.10 FUJITSU
                       TABLE 181 FUJITSU: BUSINESS OVERVIEW
                       FIGURE 45 FUJITSU: COMPANY SNAPSHOT
                       TABLE 182 FUJITSU: PRODUCTS OFFERED
                       TABLE 183 FUJITSU: DEALS
             11.1.11 DXC
                       TABLE 184 DXC: BUSINESS OVERVIEW
                       FIGURE 46 DXC: COMPANY SNAPSHOT
                       TABLE 185 DXC: PRODUCTS OFFERED
                       TABLE 186 DXC: DEALS
             11.1.12 INDRA
             11.1.13 NOKIA
             11.1.14 ATKINS
             11.1.15 TOSHIBA
             11.1.16 BOMBARDIER
             11.1.17 ZEDAS
             11.1.18 R2P
             11.1.19 SIMPLEWAY
             11.1.20 TEGO
             11.1.21 ASSETIC
             11.1.22 OXPLUS
             11.1.23 PASSIO TECHNOLOGIES
             11.1.24 DELPHISONIC
             11.1.25 UPTAKE
             11.1.26 KONUX
             11.1.27 MACHINES WITH VISION

*Details on Business Overview, Products  Recent Developments, Response to COVID-19, MnM View might not be captured in case of unlisted companies.

12 ADJACENT/RELATED MARKETS (Page No. - 208)
     12.1 INTRODUCTION
             12.1.1 LIMITATIONS
     12.2 SMART RAILWAYS MARKET – GLOBAL FORECAST TO 2026
             12.2.1 MARKET DEFINITION
             12.2.2 MARKET OVERVIEW
             12.2.3 SMART RAILWAYS MARKET, BY OFFERING
                       TABLE 187 SMART RAILWAYS MARKET, BY OFFERING, 2017–2020 (USD MILLION)
                       TABLE 188 SMART RAILWAYS MARKET, BY OFFERING, 2021–2026 (USD MILLION)
             12.2.4 SMART RAILWAYS MARKET, BY SOLUTION
                       TABLE 189 SOLUTIONS: SMART RAILWAYS MARKET, BY TYPE, 2017–2020 (USD MILLION)
                       TABLE 190 SOLUTIONS: SMART RAILWAYS MARKET, BY TYPE, 2021–2026 (USD MILLION)
             12.2.5 SMART RAILWAYS MARKET, BY SERVICE
                       TABLE 191 SERVICES: SMART RAILWAYS MARKET, BY TYPE, 2017–2020 (USD MILLION)
                       TABLE 192 SERVICES: SMART RAILWAYS MARKET, BY TYPE, 2021–2026 (USD MILLION)
             12.2.6 SMART RAILWAYS MARKET, BY PROFESSIONAL SERVICE
                       TABLE 193 PROFESSIONAL SERVICES: SMART RAILWAYS MARKET, BY TYPE, 2017–2020 (USD MILLION)
                       TABLE 194 PROFESSIONAL SERVICES: SMART RAILWAYS MARKET, BY TYPE, 2021–2026 (USD MILLION)
             12.2.7 SMART RAILWAYS MARKET, BY REGION
                       TABLE 195 SMART RAILWAYS MARKET, BY REGION, 2017–2020 (USD MILLION)
                       TABLE 196 SMART RAILWAYS MARKET, BY REGION, 2021–2026 (USD MILLION)
     12.3 RAILWAY MANAGEMENT SYSTEM MARKET – GLOBAL FORECAST TO 2025
             12.3.1 MARKET DEFINITION
             12.3.2 MARKET OVERVIEW
             12.3.3 RAILWAY MANAGEMENT SYSTEM MARKET, BY OFFERING
                       TABLE 197 RAILWAY MANAGEMENT SYSTEM MARKET, BY OFFERING, 2016–2019 (USD MILLION)
                       TABLE 198 RAILWAY MANAGEMENT SYSTEM MARKET, BY OFFERING, 2019–2025 (USD MILLION)
             12.3.4 RAILWAY MANAGEMENT SYSTEM MARKET, BY SOLUTION
                       TABLE 199 RAILWAY MANAGEMENT SYSTEM MARKET, BY SOLUTION, 2016–2019 (USD MILLION)
                       TABLE 200 RAILWAY MANAGEMENT SYSTEM MARKET, BY SOLUTION, 2019–2025 (USD MILLION)
             12.3.5 RAILWAY MANAGEMENT SYSTEM MARKET, BY REGION
                       TABLE 201 RAILWAY MANAGEMENT SYSTEM MARKET, BY REGION, 2016–2019 (USD MILLION)
                       TABLE 202 RAILWAY MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2025 (USD MILLION)

13 APPENDIX (Page No. - 217)
     13.1 DISCUSSION GUIDE
     13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     13.3 CUSTOMIZATIONS OFFERED
     13.4 RELATED REPORTS
     13.5 AUTHOR DETAILS

The research study involved the use of extensive secondary sources, directories, and databases, such as Factiva, D&B Hoovers, and Bloomberg Businessweek, to identify and collect information useful for the comprehensive market research study on the digital railway market. Additionally, sources, such as Organization for Economic Co-operation and Development (OECD) and international railway journal, and information from railway gazette and Department of Transportation (DoT), were used to collect information specific to the digital railway market.

Secondary Research

In the secondary research process, various sources were referred to, for identifying and collecting information for this study. Secondary sources included annual reports, press releases, and investor presentations of companies; white papers, journals, and certified publications; and articles from recognized authors, directories, and databases. The data was also collected from other secondary sources, such as Data Science Journal, Institute of Electrical and Electronics Engineers (IEEE) Journals and magazines, and Journal/forums for ML, AI India magazine, Customer Experience magazine, and other magazines.

The railway investment spending of various countries was extracted from respective sources. Secondary research was used to obtain key information related to the industry’s value chain and supply chain to identify key players based on solutions, services, market classification, and segmentation according to offerings of major players, industry trends related to solutions, services, deployment modes, applications, verticals, and regions, and key developments from both market- and technology-oriented perspectives.

Primary Research

In the primary research process, various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information on the market. The primary sources from the supply side included various industry experts, including Chief Experience Officers (CXOs); Vice Presidents (VPs); directors from business development, marketing, and product development/innovation teams; related key executives from digital railway solution vendors, SIs, professional service providers, and industry associations; and key opinion leaders.

Primary interviews were conducted to gather insights, such as market statistics, revenue data collected from solutions and services, market breakups, market size estimations, market forecasts, and data triangulation. Primary research also helped in understanding various trends related to technologies, applications, deployments, and regions. Stakeholders from the demand side, such as Chief Information Officers (CIOs), Chief Technology Officers (CTOs), Chief Strategy Officers (CSOs), and end users using digital railway solutions, were interviewed to understand the buyer’s perspective on suppliers, products, service providers, and their current usage of digital railway solutions and services, which would impact the overall digital railway market.

Digital Railway Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

In the top-down approach, an exhaustive list of all the vendors who offer solutions and services in the digital railway market was prepared. The revenue contribution for all the vendors in the market was estimated through annual reports, press releases, funding, investor presentations, paid databases, and primary interviews. Each vendor was evaluated based on their products/solutions by product type, service, and application area. The aggregate of all companies’ revenue was extrapolated to reach the overall market size.

In the bottom-up approach, the adoption rate of digital railway solutions among different end users in key countries with respect to their regions contributing the most to the market share was identified. For cross-validation, the adoption of digital railway solutions and services among industries, along with different use cases with respect to their regions, was identified and extrapolated. Weightage was given to use cases identified in different regions for the market size calculation.

Based on the market numbers, the regional split was determined by primary and secondary sources. The procedure included the analysis of the digital railway market’s regional penetration. Based on secondary research, the regional spending on Information and Communications Technology (ICT), socio-economic analysis of each country, strategic vendor analysis of major digital railway solutions providers, and organic and inorganic business development activities of regional and global players were estimated. With the data triangulation procedure and data validation through primaries, the exact values of the overall digital railway market size and segments’ size were determined and confirmed using the study.

Report Objectives

  • To determine and forecast the global digital railway market based on solutions,services,application, and region from 2016 to 2027, and analyze various macro and microeconomic factors that affect the market growth
  • To forecast the size of the market’s segments with respect to five main regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America .
  • To provide detailed information about the major factors (drivers, opportunities, threats, and challenges) influencing the growth of the market
  • To analyze each submarket with respect to individual growth trends, prospects, and contributions to the total market
  • To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the digital railway market
  • To profile key market players (such as top vendors and startups); provide a comparative analysis based on their business overviews, regional presence, product offerings, business strategies, and key financials; and illustrate the market’s competitive landscape
  • To track and analyze competitive developments, such as mergers and acquisitions (M&As), product developments, partnerships and collaborations, and Research and Development (R&D) activities, in the market

Available Customizations

Along with the market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Product Matrix which gives a detailed comparison of the product portfolio of each company

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)
Digital Railway Market Size,  Share & Growth Report
Report Code
TC 7351
Published ON
Aug, 2022
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