Railway Cybersecurity Market

Railway Cybersecurity Market by Type (Infrastructural & On-board), Offering, Security Type (Network, Application, Endpoint, System Administration and Data Protection), Application (Passenger & Freight), Rail Type and Region - Global Forecast to 2027

Report Code: AT 7159 Jul, 2021, by marketsandmarkets.com

[259 Pages Report] The railway cybersecurity market, by value, is estimated to be 6.2 billion in 2021 and is projected to reach 10.6 billion by 2027, at a CAGR of 9.4% from 2021 to 2027. Internet technology captured the application area in railways with smart cities, smart transportation, rail traffic management systems, CBTC, and PTC. Advanced technologies include PIS, smart ticketing, passenger infotainment, rail analytics, cloud and IoT services, freight information and analytics, freight rail solutions such as fleet monitoring, automatic stock management, intelligent and smart devices, and scheduling and optimization capabilities. All these technologies face the threat of cybersecurity. In addition to this, due to the emergence of advanced systems and solutions, IoT in the railway industry has become more prone to cybersecurity threats. These factors would support growth of the deployment of railway cybersecurity solutions.

The increase in data breaches or data leakages is fueling the market for railway cybersecurity products, solutions and services. With the advancements in technologies, automated and sophisticated cyberattacks are accelerating. The increasing sophistication of attacks is triggering railway operators across the globe to adopt cybersecurity solutions and services to combat cyberattacks. For example, in May 2021, SNCF with its partner Alstom, Bosch, SpirOps, Thales, and the Railenium Technology Research Institute announced the launch to develop prototype for autonomous train in France. Cybersecurity is a key major concern for autonomous train, consortium partners are working with ANSSI (Agence Nationale de la Sécurité des Systèmes d'Information) French national cybersecurity authority from start of the project.  In 2020, Alstom invested USD 7 Million in Cylus, an Israel-based cybersecurity specialist company to provide the best in class cybersecurity solutions for the rail market.

The deployment of smart digitalized railway systems requires joint efforts from various stakeholders such as telecom operators, infrastructure providers, service providers, manufacturers, public sectors, and user groups. Government authorities are adopting Public Private Partnership (PPP) models, which enable private sector companies participate in smart, digital and connected railway initiatives of governments for deploying and financing transportation projects. This would impact the demand for number of railway cybersecurity projects.

Asia Pacific is estimated to be the fastest-growing region in the railway cybersecurity market. Governments of countries in Asia Pacific are also working closely with information technology companies and railway cybersecurity companies to deploy driverless train technology widely. In 2020, the world’s fastest driverless bullet train was launched in China. The new driverless bullet train connecting the Chinese cities of Beijing and Zhangjiakou is capable of reaching a top speed of up to 217mph (350km/h), making it the world’s fastest autonomous train in operation. These trains are equipped with a number of safety systems, infotainment systems, entertainment systems, and other state-of-the-art systems, which require cybersecurity solutions. With the increased focus on high-speed rail programs in China, investments in the country’s digital rail infrastructure and equipment may increase. High-speed rails operate in different infrastructures and hence operate with sophisticated communication & management solutions. Thus, an increase in the adoption rate of connected high-speed trains would increase the demand for railway cybersecurity for the segment across the globe.

Railway Cybersecurity Market

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COVID-19 Impact on Railway Cybersecurity Market:

With the outbreak of the COVID-19, major railway component manufacturers/solution providers announced the suspension of production/service offering due to the decline in demand, supply chain bottlenecks, and to protect the safety of their employees. The demand for mass transportation and commercial rail vehicles declined in 2020, further impacting the delay in the deployment of railway cybersecurity projects. Additionally, budget allocations for R&D are expected to be significantly affected, which is expected to hamper the development of innovative rail development. The demand for railway cybersecurity solutions is largely proportional to government budgets, along with the demand from rail operators. The ongoing COVID-19 pandemic witnessed a major decline in production as well as sales of rail vehicles in 2020. This decline had a significant impact on the railway cybersecurity market as the demand for freight trains decreased in 2020.

Globally, the rail traffic was heavily affected by COVID-19. According to Deutsche Bahn, long-distance and regional passenger train usage dropped to 15% of normal demand during the coronavirus restrictions. The loss of freight has left goods trains loaded to around 70% of their normal capacity. The pandemic also resulted in the delay of some of the railway projects, especially in India, where the duration of restrictions was significantly high. Companies such as Alstom and Thales reported significant revenue losses in their railways business due to the COVID-19 pandemic. The pandemic is expected to have a short-term impact; however, the railway industry is expected to bounce back, showing strong growth over the next five years. The growth could be accelerated by significant investments in Very High Speed (VHS) and High Speed (HS) rail infrastructures.

Overall, the spending on railway solutions such as management systems had minimal impact due to the COVID-19. Nevertheless, the emergence of the second/third wave of COVID-19 is expected to affect the spending on railway cybersecurity solutions due to the disturbed revenues of railway operators.

Driver: Government initiatives for smart railways

Increasing urbanization across the globe is resulting in the evolution of smart cities. Governments around the world are undertaking various smart city initiatives to provide better transportation infrastructure and speeding up operational activities in public transportation services. For instance, in March 2020, the Government of India has proposed to develop 100 smart cities in the next few years. The Government of Singapore is implementing digital technology in transportation to accomplish its Smart Nation vision. Transportation is considered one of the most important pillars of a country’s economic development, and hence, these smart city initiatives are expected to drive market growth.

The deployment of smart railway systems requires joint efforts from various stakeholders such as telecom operators, infrastructure providers, service providers, manufacturers, public sectors, and user groups. Government authorities are adopting Public Private Partnership (PPP) models which enable private sector companies participate in smart railways initiatives of governments for deploying and financing transportation projects. These initiative taken on a national level are expected to drive growth for the railway cybersecurity market in the forecasted period.

Restraint: High development cost

One of the key restraints in railway cybersecurity market is the high installation cost. The lack of efficient infrastructure in countries such as Brazil, South Africa, and India hinders the implementation of several solutions and services. Land acquisitions for railway transportation projects also require high cost, government clearance, and PPP (public-private partnership) agreements. IoT is being adopted in every sector, including rail solutions that demand large networks. Thus, the delay in the development of infrastructure leads to slow adoption of advanced technologies and solutions and thereby would act as a restraint for the adoption of railway cybersecurity.

The initial cost involved in deploying cybersecurity solutions is high and requires huge initial investments to set up field-level devices, replace aging infrastructure, introduction of advanced technologies such as predictive maintenance, artificial intelligence, big data, cloud computing in urban rail, arrange for transmission networks between end users, and manage new and existing systems within premises. High operational and maintenance costs post-deployment are also a huge concern for railway authorities. Moreover, the limited budgets for railways pose a restraining factor in the deployment of advanced railway technologies and solutions by governments as well as private players. Hence, the high initial cost of deploying cybersecurity solutions is expected to hamper the market growth in the coming years.

Opportunity: Increasing demand for cloud based services

The demand for cloud-based services, analytics, and mobile internet technologies is increasing due to their efficient IT management and reliable security environment. With the rapid increase in big data applications, the level of complexity is also expected to increase, given the sprouting data pool, emerging technologies, and constant need to optimize cost. These factors are expected to influence the growth of new analytics platforms and data storage.

The signaling system has been considered to operate on a closed network for safety. Currently, these systems are becoming more centralized and integrated and have become IT-based using regular computer and COTS (commercial off-the-shelf) components and thereby becoming vulnerable to cyberthreats. Thus, it becomes necessary to deploy cloud-based services in railways. Cloud computing uses the collected data and distributes data to one or more computer systems associated with performing different functions. Thus, minimizing the risk of a cyberattack on critical and non-critical data would further fuel the growth of the railway cybersecurity market.

Challenge: Lack of cybersecurity expertise and strategic planning

The lack of skills among security professionals is a major concern prevalent across all major security companies. Security professionals require the latest know-how, advanced skills in analytics, forensic investigations, and cloud computing security to combat cyberattacks. The increasing cybersecurity threats have given rise to the dearth of relevant IT security skills and professionals. Railway cybersecurity providers and service operators need to take additional steps to help minimize the gap created by the lack of cybersecurity skills.

Railway companies should opt for proactive strategies to deploy cyber-secured design and train staff to predict the attack by closely monitoring data and investigate attacks later. The lack of pre-planning would hamper enterprises’ security operations and functionalities on a large scale. Pre-planning helps enterprises in selecting solutions that have the functionalities of big data, machine learning, and AI. The lack of proactive safety planning is becoming a significant challenge in the railway cybersecurity market.

Passenger train segment accounts for a major share of the market during the forecast period

The passenger trains segment is expected to lead the market for railway cybersecurity during the forecast period. The security of the passenger rail network is more complex than the freight segment as there is an open infrastructure, multiple access points, and a vast user base. In recent times, cities such as London and New York have been prone to passenger railway cyberattacks, and this highlighted the importance of railway cybersecurity. Governments across the globe are encouraging cybersecurity solutions for their passenger and freight railways. For example, in April 2020, the US Government Accountability Office released a report containing the assessment of the passenger railway cyberattacks in the US and European region and passed guidelines to limit them. These initiatives by the government are expected to fuel the growth of the railway cybersecurity market during the forecast period.

The Asia Pacific is projected to be the fastest-growing railway cybersecurity market, by 2027

Rapid urbanization and the growing population are major factors driving the development of rail networks and thereby urban rail and mainline infrastructure construction in Asia Pacific.  Key players in the Asia Pacific region include Hitachi Ltd., Huawei, Toshiba, and Tech Mahindra Ltd. Increasing penetration of advanced technologies, increasing GDPs of countries, steady growth, and emerging economies. The Asia Pacific region covers some of the potential markets, namely, China, India, Japan, and Rest of Asia Pacific. China is expected to lead the market followed by India, Japan, and Rest of Asia Pacific in terms of share and growth rate among all countries during the forecast period. The growth of this infrastructural construction will drive the railway cybersecurity market in the region. Cybersecurity is dependent on railway management systems, which can be hacked for data breaches. China and Japan have the most sophisticated rail infrastructure in the region.

China has the largest rail network and is undergoing rapid improvement and expansion of the existing infrastructure. China has nearly 35,000 km of the high-speed rail network as of 2020, making it the largest in the world. The country is also aggressive in expanding its urban transit network. India is also expected to emerge as the next promising market for railway cybersecurity. This can be attributed to the ongoing projects related to urban transit and high-speed rail. In 2021, the European Investment Bank (EIB) signed a finance contract worth USD 182 million with the Indian government for the Pune Metro Rail project’s second portion in Maharashtra through a virtual signing ceremony. This project is expected to offer urban mobility to a large population, including the working class.

Railway Cybersecurity Market by Region

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Key Market Players

The key players considered in the analysis of the Railway Cybersecurity market are Thales Group (France), Siemens AG (Germany), Alstom (France), Wabtec (US), and Nokia Networks (Finland). These companies offer extensive products for the Railway Cybersecurity industry and have strong distribution networks, and they invest heavily in R&D to develop new products.

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Scope of the Report

Report Metric

Details

Market size available for years

2017–2027

Base year considered

2021

Forecast period

2021-2027

Forecast Market Size

Value (USD Million)

Segments covered

Offering [Solution (risk and compliance management, encryption, firewall, antivirus/antimalware, intrusion detection system/intrusion prevention system, and others ) and services (design and implementation, risk and threat assessment, support and maintenance, and others)]; security type (application security, network security, data protection, endpoint security, and system administration); type (infrastructure and on-board); application (passenger trains, and freight trains); rail type (passenger trains, urban transit, and high-speed rail); and region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America) -Global Forecast to 2027.

Region covered

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

Companies Covered

Thales Group (France), Siemens AG (Germany), Alstom (France), Wabtec (US), and Nokia Networks (Finland).
A total of 27 major company profiles covered and provided

This research report categorizes the railway cybersecurity market based on offering (solutions & services), security type, type, application, rail type and region

By Offering

  • Solutions
    • Risk And Compliance Management
    • Encryption
    • Firewall,
    • Antivirus/Antimalware
    • Intrusion Detection System/Intrusion Prevention System
    • Others
  • Services
    • Design And Implementation
    • Risk And Threat Assessment
    • Support And Maintenance
    • Others

By Security Type

  • Application Security
  • Network Security
  • Data Protection
  • Endpoint Security
  • System Administration

By Type

  • Infrastructure
  • On-board

By Application

  • Passenger Trains
  • Freight Trains

By Rail Type

  • Conventional Passenger Trains
  • Urban Transit
  • High-Speed Rail

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Recent Developments

  • In May 2021, Wabtec was awarded a supply contract worth USD 15 million by Delhi-Meerut Regional Rapid Transport Systems (RRTS). The company will be supplying advanced technology brake systems, pantographs, roof disconnector switches, and fully integrated passenger information systems to RRTS for building coaches for this project.
  • In May 2021, Siemens announced the acquisition of RailTerm, a Canada-based rail service provider. This acquisition will help the company expand its product portfolio with on-ground track and signaling, electrification, and communication systems.
  • In March 2021, Wabtec announced the acquisition of Nordco, a North American supplier of new, rebuilt, and used maintenance of way equipment having products such as mobile railcars movers and ultrasonic rail flaw detection technologies. Through this acquisition, the company aims to expand its product portfolio and widen its global presence.
  • In March 2021, Thales developed the DIVA (Distributed Intelligent Video Analytics) solution for passenger railways. This solution will be useful for leveraging existing CCTV networks on stations and onboard trains to provide real-time information and passenger density
  • In February 2020, Thales signed a supply contract with L&T Metro Rail Limited, Hyderabad (India), to supply advanced signaling and train control technology solutions. In January 2021, Nokia signed a supply contract with WESTbahn fleet, Austria. Nokia will be supplying train-to-ground solutions to the operator to enhance the user experience of the onboard passengers.
  • In December 2020, Alstom and ASELSAN entered into a collaboration agreement to establish a framework of cooperation and coordination in the field of ETCS Signaling Onboard. The main objective of this collaboration is the establishment of a long-term partnership to enable the two leading companies to cooperate in the field of rail systems.
  • In September 2020, Thales secured a supply contract in Vancouver’s Broadway Subway Project for the supply of Communications Based Train Control (CBTC) systems. The trains will be equipped with Thales’s SelTrac solutions.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 21)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
    1.3 MARKET SCOPE
           1.3.1 INCLUSIONS & EXCLUSIONS
                     TABLE 1 INCLUSIONS & EXCLUSIONS IN THE RAILWAY CYBERSECURITY MARKET
           1.3.2 MARKETS COVERED
                     FIGURE 1 MARKET SEGMENTATION
           1.3.3 YEARS CONSIDERED FOR THE STUDY
    1.4 CURRENCY
           TABLE 2 CURRENCY EXCHANGE RATES (USD)
    1.5 LIMITATIONS
    1.6 STAKEHOLDERS
    1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 28)
    2.1 RESEARCH DATA
           FIGURE 2 RAILWAY CYBERSECURITY MARKET: RESEARCH DESIGN
           FIGURE 3 RESEARCH METHODOLOGY MODEL
    2.2 SECONDARY DATA
           2.2.1 KEY SECONDARY SOURCES
           2.2.2 KEY DATA FROM SECONDARY SOURCES
    2.3 PRIMARY DATA
           FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS
           2.3.1 SAMPLING TECHNIQUES & DATA COLLECTION METHODS
           2.3.2 PRIMARY PARTICIPANTS
    2.4 MARKET ESTIMATION METHODOLOGY
           FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
           FIGURE 6 RESEARCH APPROACH
    2.5 MARKET SIZE ESTIMATION
           2.5.1 TOP-DOWN APPROACH
                     FIGURE 7 RAILWAY CYBERSECURITY MARKET: TOP-DOWN APPROACH
                     FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY FOR THE RAILWAY CYBERSECURITY MARKET
                     FIGURE 9 RAILWAY CYBERSECURITY MARKET: RESEARCH DESIGN & METHODOLOGY
                     FIGURE 10 RAILWAY CYBERSECURITY MARKET: RESEARCH METHODOLOGY ILLUSTRATION OF THALES GROUP REVENUE ESTIMATION
    2.6 MARKET BREAKDOWN & DATA TRIANGULATION
    2.7 FACTOR ANALYSIS
           2.7.1 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND- AND SUPPLY-SIDE
    2.8 ASSUMPTIONS
    2.9 RESEARCH LIMITATIONS

3 EXECUTIVE SUMMARY (Page No. - 42)
    FIGURE 11 RAILWAY CYBERSECURITY MARKET: MARKET DYNAMICS
    FIGURE 12 ON-BOARD SECURITY EXPECTED TO GROW AT A HIGHER CAGR FROM 2021 TO 2027
    FIGURE 13 PASSENGER TRAINS SEGMENT TO GROW AT A HIGHER CAGR DURING FORECAST PERIOD
    FIGURE 14 COVID-19 IMPACT ON RAILWAY CYBERSECURITY MARKET, 2017–2027

4 PREMIUM INSIGHTS (Page No. - 47)
    4.1 ATTRACTIVE OPPORTUNITIES IN THE RAILWAY CYBERSECURITY MARKET
           FIGURE 15 INCREASED VEHICLE OWNERSHIP IS EXPECTED TO DRIVE THE MARKET FOR RAILWAY CYBERSECURITY
    4.2 RAILWAY CYBERSECURITY MARKET, BY REGION
           FIGURE 16 EUROPE IS ESTIMATED TO ACCOUNT FOR THE LARGEST SHARE OF THE MARKET IN 2021
    4.3 RAILWAY CYBERSECURITY MARKET, BY SECURITY TYPE
           FIGURE 17 NETWORK SECURITY IS ESTIMATED TO LEAD THE MARKET FROM 2021 TO 2027
    4.4 RAILWAY CYBERSECURITY MARKET, BY APPLICATION
           FIGURE 18 THE PASSENGER TRAINS SEGMENT PROJECTED TO LEAD THE MARKET FROM 2021 TO 2027
    4.5 RAILWAY CYBERSECURITY MARKET, BY RAIL TYPE
           FIGURE 19 THE HIGH-SPEED RAIL SEGMENT IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 51)
    5.1 INTRODUCTION
           TABLE 3 IMPACT OF MARKET DYNAMICS
    5.2 MARKET DYNAMICS
           FIGURE 20 RAILWAY CYBERSECURITY MARKET DYNAMICS
           5.2.1 DRIVERS
                    5.2.1.1 Increasing number of cyberattacks
                                TABLE 4 RECENT RAILWAY CYBERATTACKS
                                TABLE 5 TOP GROWING SMART CITIES/COUNTRIES
                    5.2.1.2 Increased adoption of IoT and automation technologies
                                TABLE 6 EXISTING AND UPCOMING RAILWAY TELEMATICS MODELS
                    5.2.1.3 Government initiatives for smart cities and digital transportation
                                TABLE 7 ADVANTAGES OF DIGITALIZATION OF RAILS
           5.2.2 RESTRAINTS
                    5.2.2.1 High cost
                    5.2.2.2 Lack of infrastructure and standardization for railway cybersecurity
                                FIGURE 21 SECURITY MEASURES FOR OES
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increased demand for cloud-based services
                                TABLE 8 MAIN RAILWAY SIGNALLING SYSTEM
                                FIGURE 22 ASSET CLOUD IN RAILWAY NETWORK
                    5.2.3.2 Open gateway for telecommunication providers
                                FIGURE 23 URBAN RAIL CLOUD SOLUTIONS
           5.2.4 CHALLENGES
                    5.2.4.1 Lack of cybersecurity expertise and strategic planning
                                TABLE 9 GOOD CYBER DEFENSE PLAN FOR RAILWAY COMPANIES
                    5.2.4.2 Data privacy and security concerns
                                FIGURE 24 CHARACTERISTICS TARGETS FOR RAILWAY CYBERATTACKS
    5.3 PORTER’S FIVE FORCES ANALYSIS
           FIGURE 25 PORTER’S FIVE FORCES: RAILWAY CYBERSECURITY MARKET
           TABLE 10 RAILWAY CYBERSECURITY MARKET: IMPACT OF PORTERS FIVE FORCES
           5.3.1 THREAT OF SUBSTITUTES
                    5.3.1.1 Cybersecurity solutions do not have alternatives, and therefore the threat of substitutes is low
           5.3.2 THREAT OF NEW ENTRANTS
                    5.3.2.1 Lack of standardization leads to a high threat of new entrants
           5.3.3 BARGAINING POWER OF BUYERS
                    5.3.3.1 Increasing demand for railway cybersecurity leads to the moderate bargaining power of buyers
           5.3.4 BARGAINING POWER OF SUPPLIERS
                    5.3.4.1 Consortium of companies to deploy railway projects leads to moderate demand for cybersecurity suppliers
           5.3.5 INTENSITY OF COMPETITIVE RIVALRY
                    5.3.5.1 Large number of players leads to high competition in the railway cybersecurity market
    5.4 RAILWAY CYBERSECURITY MARKET ECOSYSTEM
           FIGURE 26 RAILWAY CYBERSECURITY MARKET: ECOSYSTEM ANALYSIS
           FIGURE 27 RAILWAY STAKEHOLDERS
           FIGURE 28 RAILWAY CYBERSECURITY MARKET: ECOSYSTEM MAPPING
           TABLE 11 RAILWAY CYBERSECURITY MARKET: ROLE OF COMPANIES IN THE ECOSYSTEM
    5.5 VALUE CHAIN ANALYSIS
           FIGURE 29 VALUE CHAIN ANALYSIS: RAILWAY CYBERSECURITY MARKET
    5.6 PATENT ANALYSIS
    5.7 REGULATORY OVERVIEW
           FIGURE 30 REGULATORS OVERVIEW: RAILWAY CYBERSECURITY MARKET
           TABLE 12 MAIN EU DIRECTIVES AND REGULATIONS FOR CYBERSECURITY
           5.7.1 EUROPEAN NETWORK AND INFORMATION SECURITY AGENCY (ENISA)
           TABLE 13 EUROPEAN NETWORK AND INFORMATION SECURITY AGENCY STANDARDS
           5.7.2 GENERAL DATA PROTECTION REGULATION (GDPR)
           5.7.3 INTERNATIONAL UNION OF RAILWAYS (UIC)
    5.8 CASE STUDY
           5.8.1 ALSTOM DEPLOYED CYBERSECURITY FOR MASS TRANSIT SYSTEMS IN MIDDLE EAST & AFRICA
           5.8.2 ALSTOM PARTNERED WITH SNC-LAVALIN FOR REM PROJECT IN CANADA
    5.9 REVENUE SHIFT FOR RAILWAY CYBERSECURITY SOLUTION PROVIDERS
           FIGURE 31 REVENUE SHIFT FOR RAILWAY CYBERSECURITY SOLUTION PROVIDERS
    5.10 COVID-19 IMPACT ANALYSIS
           5.10.1 INTRODUCTION TO COVID-19
           5.10.2 COVID-19 HEALTH ASSESSMENT
                     TABLE 14 SELECTED MEASURES BY RAILWAYS IN VARIOUS COUNTRIES DURING THE COVID-19 PANDEMIC
    5.11 RAILWAY CYBERSECURITY MARKET, SCENARIOS (2021–2027)
            FIGURE 32 IMPACT OF COVID-19 ON THE RAILWAY CYBERSECURITY MARKET, 2021–2027
           5.11.1 MOST LIKELY SCENARIO
                     TABLE 15 RAILWAY CYBERSECURITY MARKET (MOST LIKELY), BY REGION, 2021–2027 (USD MILLION)
           5.11.2 OPTIMISTIC SCENARIO
                     TABLE 16 RAILWAY CYBERSECURITY MARKET (OPTIMISTIC), BY REGION, 2021–2027 (USD MILLION)
           5.11.3 PESSIMISTIC SCENARIO
                     TABLE 17 RAILWAY CYBERSECURITY MARKET (PESSIMISTIC), BY REGION, 2021–2027 (USD MILLION)
    5.12 TECHNOLOGICAL ANALYSIS
           5.12.1 IOT IN RAILWAYS
           5.12.2 BIG DATA ANALYTICS AND CLOUD COMPUTING IN RAILWAYS
           5.12.3 CONNECTED TRAINS
                    5.12.3.1 Positive Train Control (PTC)
                    5.12.3.2 Communication/Computer-Based Train Control (CBTC)
                    5.12.3.3 Passenger Information System (PIS)
           5.12.4 AUTONOMOUS TRAINS

6 RAILWAY CYBERSECURITY MARKET, BY OFFERING (Page No. - 84)
    6.1 INTRODUCTION
           FIGURE 33 RAILWAY CYBERSECURITY MARKET, BY OFFERING, 2021 VS. 2027
           TABLE 18 RAILWAY CYBERSECURITY MARKET, BY OFFERING, 2017–2020 (USD MILLION)
           TABLE 19 RAILWAY CYBERSECURITY MARKET, BY OFFERING, 2021–2027 (USD MILLION)
    6.2 OPERATIONAL DATA
           TABLE 20 COMPANIES OFFERING RAILWAY CYBERSECURITY SOLUTIONS AND SERVICES
           6.2.1 ASSUMPTIONS
           6.2.2 RESEARCH METHODOLOGY
    6.3 SOLUTIONS
           6.3.1 SOLUTIONS FORM A STRONG LINE OF DEFENSE FOR RAILWAY OPERATORS TO SECURE THEIR ENDPOINTS
                    TABLE 21 RAILWAY CYBERSECURITY SOLUTIONS MARKET, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 22 RAILWAY CYBERSECURITY SOLUTIONS MARKET, BY REGION, 2021–2027 (USD MILLION)
                    TABLE 23 RAILWAY CYBERSECURITY SOLUTIONS MARKET, BY TYPE, 2017–2020 (USD MILLION)
                    TABLE 24 RAILWAY CYBERSECURITY SOLUTIONS MARKET, BY TYPE, 2021–2027 (USD MILLION)
           6.3.2 RISK AND COMPLIANCE MANAGEMENT
           6.3.3 ENCRYPTION
           6.3.4 FIREWALL
           6.3.5 ANTIVIRUS/ANTIMALWARE
           6.3.6 INTRUSION DETECTION SYSTEM/INTRUSION PREVENTION SYSTEM
           6.3.7 OTHERS
    6.4 SERVICES
           TABLE 25 RAILWAY CYBERSECURITY SERVICES MARKET, BY REGION, 2017–2020 (USD MILLION)
           TABLE 26 RAILWAY CYBERSECURITY SERVICES MARKET, BY REGION, 2021–2027 (USD MILLION)
           TABLE 27 RAILWAY CYBERSECURITY SERVICES MARKET, BY TYPE, 2017–2020 (USD MILLION)
           TABLE 28 RAILWAY CYBERSECURITY SERVICES MARKET, BY TYPE, 2021–2027 (USD MILLION)
           6.4.1 DESIGN AND IMPLEMENTATION
           6.4.2 RISK AND THREAT ASSESSMENT
           6.4.3 SUPPORT AND MAINTENANCE
           6.4.4 OTHERS
    6.5 KEY PRIMARY INSIGHTS
           FIGURE 34 KEY PRIMARY INSIGHTS

7 RAILWAY CYBERSECURITY MARKET, BY SECURITY TYPE (Page No. - 95)
    7.1 INTRODUCTION
           FIGURE 35 RAILWAY CYBERSECURITY MARKET, BY SECURITY TYPE, 2021 VS. 2027
           TABLE 29 RAILWAY CYBERSECURITY MARKET, BY SECURITY TYPE, 2017–2020 (USD MILLION)
           TABLE 30 RAILWAY CYBERSECURITY MARKET, BY SECURITY TYPE, 2021–2027 (USD MILLION)
    7.2 OPERATIONAL DATA
           TABLE 31 COMPANIES OFFERING TYPES OF RAILWAY CYBERSECURITY SECURITY
           7.2.1 ASSUMPTIONS
           7.2.2 RESEARCH METHODOLOGY
    7.3 APPLICATION SECURITY
           7.3.1 INCREASED ATTACKS ON BUSINESS-SENSITIVE APPLICATIONS IS DRIVING THIS SEGMENT
                    TABLE 32 APPLICATION SECURITY MARKET, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 33 APPLICATION SECURITY MARKET, BY REGION, 2021–2027 (USD MILLION)
    7.4 NETWORK SECURITY
           7.4.1 RISE IN VIRTUALIZATION OF SERVERS AND ENHANCED USE OF CLOUD COMPUTING SERVICES ARE DRIVING THIS SEGMENT
                    TABLE 34 NETWORK SECURITY MARKET, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 35 NETWORK SECURITY MARKET, BY REGION, 2021–2027 (USD MILLION)
    7.5 DATA PROTECTION
           7.5.1 GOVERNMENT REGULATIONS RELATED TO DATA PROTECTION ARE EXPECTED TO DRIVE THE MARKET
                    TABLE 36 DATA PROTECTION SECURITY MARKET, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 37 DATA PROTECTION SECURITY MARKET, BY REGION, 2021–2027 (USD MILLION)
    7.6 ENDPOINT SECURITY
           7.6.1 ENDPOINT SECURITY PROVIDE REAL-TIME THREAT DETECTION, PREVENTION, AND RESPONSE TO THE ENDPOINT
                    TABLE 38 ENDPOINT SECURITY MARKET, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 39 ENDPOINT SECURITY MARKET, BY REGION, 2021–2027 (USD MILLION)
    7.7 SYSTEM ADMINISTRATION
           7.7.1 INCREASED USE OF COMMUNICATIONS-BASED TRAIN CONTROL IS DRIVING THIS SEGMENT
                    TABLE 40 SYSTEM ADMINISTRATION MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 41 SYSTEM ADMINISTRATION MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)
    7.8 KEY PRIMARY INSIGHTS
           FIGURE 36 KEY PRIMARY INSIGHTS

8 RAILWAY CYBERSECURITY MARKET, BY TYPE (Page No. - 106)
    8.1 INTRODUCTION
           FIGURE 37 RAILWAY CYBERSECURITY MARKET, BY TYPE, 2021 VS. 2027
           TABLE 42 RAILWAY CYBERSECURITY MARKET, BY TYPE, 2017–2020 (USD MILLION)
           TABLE 43 RAILWAY CYBERSECURITY MARKET, BY TYPE, 2021–2027 (USD MILLION)
    8.2 OPERATIONAL DATA
           TABLE 44 COMPANIES OFFERING RAILWAY CYBERSECURITY TYPES
           FIGURE 38 VULNERABILITY IN RAILWAY SYSTEMS: ON-BOARD VS. INFRASTRUCTURAL
           8.2.1 ASSUMPTIONS
           8.2.2 RESEARCH METHODOLOGY
    8.3 INFRASTRUCTURAL
           8.3.1 INCREASE IN CONNECTED AND DIGITALIZED INFRASTRUCTURE IN ASIA PACIFIC REGION WILL DRIVE THIS SEGMENT
                    TABLE 45 RAILWAY INFRASTRUCTURAL CYBERSECURITY MARKET, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 46 RAILWAY INFRASTRUCTURAL CYBERSECURITY MARKET, BY REGION, 2021–2027 (USD MILLION)
    8.4 ON-BOARD
           8.4.1 INCREASING GOVERNMENT NORMS RELATED TO PASSENGER SECURITY WILL PROPEL THE GROWTH OF ON-BOARD SECURITY
                    TABLE 47 RAILWAY ON-BOARD CYBERSECURITY MARKET, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 48 RAILWAY ON-BOARD CYBERSECURITY MARKET, BY REGION, 2021–2027 (USD MILLION)
    8.5 KEY PRIMARY INSIGHTS
           FIGURE 39 KEY PRIMARY INSIGHTS

9 RAILWAY CYBERSECURITY MARKET, BY APPLICATION (Page No. - 114)
    9.1 INTRODUCTION
           FIGURE 40 RAILWAY CYBERSECURITY MARKET, BY APPLICATION, 2021 VS. 2027
           TABLE 49 RAILWAY CYBERSECURITY MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
           TABLE 50 RAILWAY CYBERSECURITY MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
    9.2 OPERATIONAL DATA
           TABLE 51 ROLLING STOCK SALES, BY TYPE (UNITS), 2017-2020
           9.2.1 ASSUMPTIONS
           9.2.2 RESEARCH METHODOLOGY
    9.3 PASSENGER TRAINS
           9.3.1 INCREASED DIGITALIZATION OF RAILWAYS IS EXPECTED TO FUEL THE GROWTH OF THIS SEGMENT
                    TABLE 52 RAILWAY CYBERSECURITY MARKET IN PASSENGER TRAINS, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 53 RAILWAY CYBERSECURITY MARKET IN PASSENGER TRAINS, BY REGION, 2021–2027 (USD MILLION)
    9.4 FREIGHT TRAINS
           9.4.1 INCREASING GOVERNMENT NORMS RELATED TO FREIGHT TRANSPORT WILL PROPEL ON-BOARD SECURITY
                    TABLE 54 RAILWAY CYBERSECURITY MARKET IN FREIGHT TRAINS, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 55 RAILWAY CYBERSECURITY MARKET IN FREIGHT TRAINS, BY REGION, 2021–2027 (USD MILLION)
    9.5 KEY PRIMARY INSIGHTS
           FIGURE 41 KEY PRIMARY INSIGHTS

10 RAILWAY CYBERSECURITY MARKET, BY RAIL TYPE (Page No. - 121)
     10.1 INTRODUCTION
             FIGURE 42 RAILWAY CYBERSECURITY MARKET, BY RAIL TYPE, 2021 VS. 2027
             TABLE 56 RAILWAY CYBERSECURITY MARKET, BY RAIL TYPE, 2017–2020 (USD MILLION)
             TABLE 57 RAILWAY CYBERSECURITY MARKET, BY RAIL TYPE, 2021–2027 (USD MILLION)
     10.2 OPERATIONAL DATA
             TABLE 58 PROJECTS FOR RAILWAY CYBERSECURITY AS PER RAIL TYPE
             10.2.1 ASSUMPTIONS
             10.2.2 RESEARCH METHODOLOGY
     10.3 CONVENTIONAL PASSENGER TRAINS
             10.3.1 IMPROVING PASSENGER RAIL NETWORK IS EXPECTED TO FUEL GROWTH FOR THE MARKET
     10.4 URBAN TRANSIT
             10.4.1 GOVERNMENT INVESTMENTS TOWARD SMART CITIES ENCOURAGE THE GROWTH OF THE METRO AND LIGHT RAILWAY PROJECTS
     10.5 HIGH-SPEED RAIL
     10.6 KEY PRIMARY INSIGHTS
             FIGURE 43 KEY PRIMARY INSIGHTS

11 RAILWAY CYBERSECURITY MARKET, BY REGION (Page No. - 127)
     11.1 INTRODUCTION
             FIGURE 44 RAILWAY CYBERSECURITY MARKET, BY REGION, 2021 VS. 2027 (USD MILLION)
             TABLE 59 RAILWAY CYBERSECURITY MARKET, BY REGION, 2017–2020 (USD MILLION)
             TABLE 60 RAILWAY CYBERSECURITY MARKET, BY REGION, 2021–2027 (USD MILLION)
     11.2 NORTH AMERICA
             11.2.1 METRO/MONORAIL PROJECTS IN NORTH AMERICA
                       TABLE 61 METRO/MONORAIL PROJECTS IN NORTH AMERICA
             11.2.2 HIGH-SPEED RAIL/BULLET TRAIN PROJECTS IN NORTH AMERICA
                       TABLE 62 HIGH-SPEED RAIL/BULLET TRAIN PROJECTS IN NORTH AMERICA
             11.2.3 RAPID TRANSIT PROJECTS IN NORTH AMERICA
                       TABLE 63 RAPID TRANSIT PROJECTS IN NORTH AMERICA
                       TABLE 64 NORTH AMERICA: RAILWAY CYBERSECURITY MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
                       TABLE 65 NORTH AMERICA: RAILWAY CYBERSECURITY MARKET, BY COUNTRY, 2021–2027 (USD MILLION)
             11.2.4 US
                        11.2.4.1 Safety regulations on systems such as PTC and rail corridor risk management systems expected to drive the market
                                     TABLE 66 US: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2017–2020 (USD MILLION)
                                     TABLE 67 US: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2021–2027 (USD MILLION)
             11.2.5 CANADA
                        11.2.5.1 Upcoming high-speed rail projects in the country are a major factor driving the market
                                     TABLE 68 CANADA: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2017–2020 (USD MILLION)
                                     TABLE 69 CANADA: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2021–2027 (USD MILLION)
             11.2.6 MEXICO
                        11.2.6.1 Government investments to improve the rail infrastructure expected to drive the market
                                     TABLE 70 MEXICO: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2017–2020 (USD MILLION)
                                     TABLE 71 MEXICO: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2021–2027 (USD MILLION)
     11.3 EUROPE
             11.3.1 METRO/MONORAIL PROJECTS IN EUROPE
                       TABLE 72 METRO/MONORAIL PROJECTS IN EUROPE
             11.3.2 HIGH-SPEED RAIL/BULLET TRAIN PROJECTS IN EUROPE
                       TABLE 73 HIGH-SPEED RAIL/BULLET TRAIN PROJECTS IN EUROPE
             11.3.3 RAPID TRANSIT PROJECTS IN EUROPE
                       TABLE 74 RAPID TRANSIT PROJECTS IN EUROPE
                       FIGURE 45 EUROPE: RAILWAY CYBERSECURITY MARKET SNAPSHOT
                       TABLE 75 EUROPE: RAILWAY CYBERSECURITY MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
                       TABLE 76 EUROPE: RAILWAY CYBERSECURITY MARKET, BY COUNTRY, 2021–2027 (USD MILLION)
                       FIGURE 46 EUROPE: RAILWAY CYBERSECURITY MARKET, BY COUNTRY, 2021 VS. 2027 (USD MILLION)
             11.3.4 UK
                        11.3.4.1 Increased investments for digitally advanced rail infrastructure expected to drive the market
                                     TABLE 77 UK: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2017–2020 (USD MILLION)
                                     TABLE 78 UK: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2021–2027 (USD MILLION)
             11.3.5 GERMANY
                        11.3.5.1 Railway network expansion is expected to drive the market in Germany
                                     TABLE 79 GERMANY: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2017–2020 (USD MILLION)
                                     TABLE 80 GERMANY: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2021–2027 (USD MILLION)
             11.3.6 FRANCE
                        11.3.6.1 Increased adoption of advanced technologies in railway infrastructure is driving the market
                                     TABLE 81 FRANCE: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2017–2020 (USD MILLION)
                                     TABLE 82 FRANCE: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2021–2027 (USD MILLION)
             11.3.7 RUSSIA
                        11.3.7.1 Upcoming high-speed rail projects expected to support the market growth
                                     TABLE 83 RUSSIA: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2017–2020 (USD MILLION)
                                     TABLE 84 RUSSIA: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2021–2027 (USD MILLION)
             11.3.8 ITALY
                        11.3.8.1 Sophisticated rail network in Italy to support the market growth for cybersecurity
                                     TABLE 85 ITALY: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2017–2020 (USD MILLION)
                                     TABLE 86 ITALY: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2021–2027 (USD MILLION)
             11.3.9 SPAIN
                        11.3.9.1 New investments and high-speed rai projected to drive the market
                                     TABLE 87 SPAIN: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2017–2020 (USD MILLION)
                                     TABLE 88 SPAIN: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2021–2027 (USD MILLION)
             11.3.10 REST OF EUROPE
                        11.3.10.1 Introduction of different norms to tackle cybersecurity threats expected to drive the market
                                     TABLE 89 REST OF EUROPE: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2017–2020 (USD MILLION)
                                     TABLE 90 REST OF EUROPE: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2021–2027 (USD MILLION)
     11.4 ASIA PACIFIC
             11.4.1 RAPID TRANSIT PROJECTS IN ASIA PACIFIC
                       TABLE 91 RAPID TRANSIT PROJECTS IN ASIA PACIFIC
             11.4.2 LIGHT RAIL PROJECTS IN ASIA PACIFIC
                       TABLE 92 LIGHT RAIL PROJECTS IN ASIA PACIFIC
             11.4.3 UPCOMING HIGH-SPEED RAIL/BULLET TRAIN PROJECTS IN ASIA PACIFIC
                       TABLE 93 LIGHT RAIL PROJECTS IN ASIA PACIFIC
                       FIGURE 47 ASIA PACIFIC: RAILWAY CYBERSECURITY MARKET SNAPSHOT
                       TABLE 94 ASIA PACIFIC: RAILWAY CYBERSECURITY MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
                       TABLE 95 ASIA PACIFIC: RAILWAY CYBERSECURITY MARKET, BY COUNTRY, 2021–2027 (USD MILLION)
             11.4.4 CHINA
                        11.4.4.1 Developments in the expansion of subways/metros and rail networks are driving the market
                                     TABLE 96 SEVEN PROMINENT RAIL ROUTES TO EUROPE
                                     TABLE 97 CHINA: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2017–2020 (USD MILLION)
                                     TABLE 98 CHINA: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2021–2027 (USD MILLION)
             11.4.5 JAPAN
                        11.4.5.1 Government investments in the railway sector are expected to boost the growth of the market
                                     TABLE 99 JAPAN: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2017–2020 (USD MILLION)
                                     TABLE 100 JAPAN: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2021–2027 (USD MILLION)
             11.4.6 INDIA
                        11.4.6.1 Government focus on the expansion of the electrified network is expected to boost the market
                                     TABLE 101 INDIA: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2017–2020 (USD MILLION)
                                     TABLE 102 INDIA: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2021–2027 (USD MILLION)
             11.4.7 SOUTH KOREA
                        11.4.7.1 A well-developed high-speed rail network in South Korea supports the market growth
                                     TABLE 103 SOUTH KOREA: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2017–2020 (USD MILLION)
                                     TABLE 104 SOUTH KOREA: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2021–2027 (USD MILLION)
             11.4.8 REST OF ASIA PACIFIC
                        11.4.8.1 High-speed train projects expected to drive the market
                                     TABLE 105 REST OF ASIA PACIFIC: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2017–2020 (USD MILLION)
                                     TABLE 106 REST OF ASIA PACIFIC: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2021–2027 (USD MILLION)
     11.5 MIDDLE EAST & AFRICA (MEA)
             11.5.1 METRO/MONORAIL PROJECTS IN THE MIDDLE EAST & AFRICA
                       TABLE 107 METRO/MONORAIL PROJECTS IN THE MIDDLE EAST & AFRICA
             11.5.2 RAPID TRANSIT PROJECTS IN THE MIDDLE EAST & AFRICA
                       TABLE 108 RAPID TRANSIT PROJECTS IN THE MIDDLE EAST & AFRICA
                       TABLE 109 MEA: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2017–2020 (USD MILLION)
                       TABLE 110 MEA: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2021–2027 (USD MILLION)
             11.5.3 UAE
                        11.5.3.1 Development projects related to rail infrastructure expected to drive the market
             11.5.4 EGYPT
                        11.5.4.1 Increased investments in railways and the demand for locomotives expected to drive the market
             11.5.5 SOUTH AFRICA
                        11.5.5.1 Government initiatives to develop railway infrastructure expected to drive the market
     11.6 LATIN AMERICA
             TABLE 111 LATIN AMERICA: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2017–2020 (USD MILLION)
             TABLE 112 LATIN AMERICA: RAILWAY CYBERSECURITY MARKET, BY TYPE, 2021–2027 (USD MILLION)
             11.6.1 BRAZIL
                        11.6.1.1 Increased metro projects projected to drive the market in this country
             11.6.2 REST OF LATIN AMERICA
                        11.6.2.1 Phasing out of carriages for long-haul distance trains is expected to drive the aftermarket

12 COMPETITIVE LANDSCAPE (Page No. - 169)
     12.1 OVERVIEW
     12.2 MARKET SHARE ANALYSIS FOR RAILWAY CYBERSECURITY MARKET
             TABLE 113 MARKET SHARE ANALYSIS, 2020
             FIGURE 48 MARKET SHARE ANALYSIS, 2020
     12.3 REVENUE ANALYSIS
             FIGURE 49 REVENUE ANALYSIS FOR TOP FIVE COMPANIES
             12.3.1 NEW PRODUCT LAUNCHES
                       TABLE 114 PRODUCTS LAUNCHES, 2017–2021
             12.3.2 DEALS
                       TABLE 115 DEALS, 2017–2021
             12.3.3 OTHERS
                       TABLE 116 OTHERS, 2017–2021
     12.4 COMPETITIVE LEADERSHIP MAPPING
             12.4.1 STARS
             12.4.2 EMERGING LEADERS
             12.4.3 PERVASIVE
             12.4.4 PARTICIPANTS
                       FIGURE 50 RAILWAY CYBERSECURITY MARKET: COMPETITIVE LEADERSHIP MAPPING, 2021
                       TABLE 117 RAILWAY CYBERSECURITY MARKET: COMPANY FOOTPRINT, 2021
                       TABLE 118 RAILWAY CYBERSECURITY MARKET: COMPANY SOLUTION FOOTPRINT, 2021
             12.4.5 RAILWAY CYBERSECURITY MARKET: REGIONAL FOOTPRINT, 2021
     12.5 SME COMPETITIVE LEADERSHIP MAPPING
             12.5.1 PROGRESSIVE COMPANIES
             12.5.2 RESPONSIVE COMPANIES
             12.5.3 DYNAMIC COMPANIES
             12.5.4 STARTING BLOCKS
                       FIGURE 51 SME RAILWAY CYBERSECURITY MARKET: COMPETITIVE LEADERSHIP MAPPING, 2021
     12.6 WINNERS VS. TAIL-ENDERS
             TABLE 119 WINNERS VS. TAIL-ENDERS

13 COMPANY PROFILE (Page No. - 186)
     13.1 KEY PLAYERS
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*
             13.1.1 THALES GROUP
                       TABLE 120 THALES GROUP: BUSINESS OVERVIEW
                       FIGURE 52 THALES GROUP: OVERVIEW
                       FIGURE 53 THALES GROUP: COMPANY SNAPSHOT
                       TABLE 121 THALES GROUP: PRODUCTS/SERVICES OFFERED
                       TABLE 122 THALES GROUP: NEW PRODUCT DEVELOPMENTS
                       TABLE 123 THALES GROUP: DEALS
                       TABLE 124 THALES GROUP: OTHERS
             13.1.2 SIEMENS AG
                       TABLE 125 SIEMENS AG: BUSINESS OVERVIEW
                       FIGURE 54 SIEMENS: REGION WISE REVENUE
                       FIGURE 55 SIEMENS AG: COMPANY SNAPSHOT
                       TABLE 126 SIEMENS AG: PRODUCTS/SERVICES OFFERED
                       TABLE 127 SIEMENS AG: NEW PRODUCT DEVELOPMENTS
                       TABLE 128 SIEMENS AG: DEALS
             13.1.3 ALSTOM
                       TABLE 129 ALSTOM: BUSINESS OVERVIEW
                       FIGURE 56 ALSTOM: GEOGRAPHIC PRESENCE
                       FIGURE 57 ALSTOM: COMPANY SNAPSHOT
                       FIGURE 58 BOMBARDIER: COMPANY SNAPSHOT
                       TABLE 130 ALSTOM: NEW PRODUCT DEVELOPMENTS
                       TABLE 131 ALSTOM: DEALS
                       TABLE 132 ALSTOM: OTHERS
             13.1.4 WABTEC
                       TABLE 133 WABTEC: BUSINESS OVERVIEW
                       FIGURE 59 WABTEC: FUTURE OUTLOOK
                       FIGURE 60 WABTEC: COMPANY SNAPSHOT
                       TABLE 134 WABTEC: PRODUCTS OFFERED
                       TABLE 135 WABTEC: DEALS
                       TABLE 136 WABTEC: OTHERS
             13.1.5 HITACHI LTD.
                       TABLE 137 HITACHI LTD.: BUSINESS OVERVIEW
                       FIGURE 61 HITACHI LTD.: COMPANY PERFORMANCE IN RAILWAY SECTOR FOR 2020
                       FIGURE 62 HITACHI LTD.: COMPANY SNAPSHOT
                       TABLE 138 HITACHI LTD.: DEALS
             13.1.6 NOKIA NETWORKS
                       TABLE 139 NOKIA NETWORKS: BUSINESS OVERVIEW
                       FIGURE 63 NOKIA NETWORKS: PATENTS FILED IN 2020
                       FIGURE 64 NOKIA NETWORKS: COMPANY SNAPSHOT
                       TABLE 140 NOKIA NETWORKS: DEALS
             13.1.7 IBM
                       TABLE 141 IBM: BUSINESS OVERVIEW
                       FIGURE 65 IBM: Q1 RESULTS COMPARISON OF 2020 AND 2021
                       FIGURE 66 IBM: COMPANY SNAPSHOT
                       TABLE 142 IBM: NEW PRODUCT DEVELOPMENTS
                       TABLE 143 IBM: DEALS
                       TABLE 144 IBM: OTHERS
             13.1.8 CISCO
                       TABLE 145 CISCO: BUSINESS OVERVIEW
                       FIGURE 67 CISCO: COMPANY SNAPSHOT
                       TABLE 146 CISCO: DEALS
             13.1.9 RAYTHEON TECHNOLOGIES (COLLINS AEROSPACE)
                       FIGURE 68 COLLINS AEROSPACE: SALES PORTFOLIO
                       TABLE 147 RAYTHEON TECHNOLOGIES: BUSINESS OVERVIEW
                       FIGURE 69 RAYTHEON TECHNOLOGIES: COMPANY SNAPSHOT
                       TABLE 148 RAYTHEON TECHNOLOGIES: NEW PRODUCT DEVELOPMENTS
                       TABLE 149 RAYTHEON TECHNOLOGIES: DEALS
             13.1.10 HUAWEI
                        TABLE 150 HUAWEI: BUSINESS OVERVIEW
                        FIGURE 70 HUAWEI: GLOBAL PRESENCE
                        FIGURE 71 HUAWEI: COMPANY SNAPSHOT
                        TABLE 151 HUAWEI: NEW PRODUCT DEVELOPMENTS
                        TABLE 152 HUAWEI: DEALS
             13.1.11 TOSHIBA
                        TABLE 153 TOSHIBA: BUSINESS OVERVIEW
                        FIGURE 72 TOSHIBA: SEGMENT DIVISION
                        FIGURE 73 TOSHIBA: COMPANY SNAPSHOT
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.
     13.2 OTHER PLAYERS
             13.2.1 TECH MAHINDRA LTD.
             13.2.2 TÜV RHEINLAND
             13.2.3 CAPGEMINI (SOGETI)
             13.2.4 ABB
             13.2.5 BAE SYSTEMS
             13.2.6 CYLUS
             13.2.7 CERVELLO
             13.2.8 SHIFT5
             13.2.9 CRITIFENCE
             13.2.10 RAZORSECURE
             13.2.11 SELECTRON SYSTEMS AG
             13.2.12 EUROMICRON GROUP
             13.2.13 ENSCO INC.
             13.2.14 BARBARA
             13.2.15 ICSS
             13.2.16 AIRBUS CYBERSECURITY

14 RECOMMENDATIONS BY MARKETSANDMARKETS (Page No. - 250)
     14.1 CHINA, INDIA, AND EUROPE ARE KEY FOCUS MARKETS FOR RAILWAY CYBERSECURITY
     14.2 PASSENGER TRAINS WILL BE THE MOST IMPORTANT SEGMENT IN THE MARKET
     14.3 CONCLUSION

15 APPENDIX (Page No. - 252)
     15.1 KEY INSIGHTS OF INDUSTRY EXPERTS
     15.2 DISCUSSION GUIDE
     15.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     15.4 AVAILABLE CUSTOMIZATIONS
     15.5 RELATED REPORTS
     15.6 AUTHOR DETAILS

The study involved four major activities in estimating the current size of the railway cybersecurity market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with the industry experts across value chains through primary research. The top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation processes were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as company annual reports/presentations, press releases, industry association publications [for example, publications of railway cybersecurity vendors, rolling stock OEMs,   International Railway Journal (IRJ), Federal Transit Administration (FTA), American Public Transportation Association (APTA), Regional Transportation Authority (RTA), country/region-level railway associations and trade organizations, and the US Department of Transportation (DOT)], railway cybersecurity magazine articles, directories, technical handbooks, World Economic Outlook, trade websites, government organizations websites, and technical articles have been used to identify and collect information useful for an extensive commercial study of the global railway cybersecurity market.

Primary Research

Extensive primary research has been conducted after acquiring an understanding of the railway cybersecurity market scenario through secondary research. Several primary interviews were conducted with market experts from both demand-side rail operators (transportation companies such as the Indian Railways and SNCF) and supply-side (OEMs and cybersecurity vendors such as Alstom, Thales Group, and Wabtec) across five major regions, namely, North America, Europe, Asia Pacific, the Middle East & Africa (MEA), and Latin America. 23% and 77% of the primary interviews were conducted from the demand- and supply-side, respectively. Primary data was collected through questionnaires, emails, and telephonic interviews. In the canvassing of primaries, various departments within organizations were tried to be covered, which included sales, operations, and administration to provide a holistic viewpoint in the report.

After interacting with industry experts, we have also conducted brief sessions with highly experienced independent consultants to reinforce the findings from our primaries. This, along with the in-house subject-matter experts’ opinions, has led us to the findings as described in the remainder of this report.

Railway Cybersecurity Market Size, and Share

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

Primary Participants

In-depth interviews have been conducted with the target groups to collect industry-related data, technology-related information, and validation of our analysis.

  • Associations related to the Railway Industry
  • Connected Rail Solution Vendors
  • Cybersecurity solution providers
  • Digital Rail Solution Vendors
  • Government Authorities
  • Infrastructure Providers for Railway Lines
  • IT Companies
  • IT Service Providers
  • Legal and Regulatory Authorities
  • Rail Connectivity Solution and Services Providers
  • Rail Consultants
  • Rail Leasing Authorities
  • Railway Contract Suppliers and Users
  • Railway Manufacturers
  • Rolling Stock Industry Associations

Market Size Estimation

A detailed market estimation approach was followed to estimate and validate the value of the railway cybersecurity market and other dependent submarkets, as mentioned below:

  • Key players in the railway cybersecurity were identified through secondary research, and their global market shares were determined through primary and secondary research.
  • The research methodology included the study of the annual and quarterly financial reports & regulatory filings of major market players, as well as interviews with industry experts for detailed market insights.
  • All major penetration rates, percentage shares, splits, and breakdowns for the railway cybersecurity market were determined using secondary sources and verified through primary sources.
  • All key macro indicators affecting the revenue growth of the market segments and subsegments were accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the validated and verified quantitative & qualitative data.
  • The gathered market data was consolidated and added with detailed inputs, analyzed, and presented in this report

Data Triangulation

All percentage shares, splits, and breakdowns were determined using secondary sources and verified by primary sources. All parameters that are said to affect the markets covered in this research study were accounted for, viewed in extensive detail, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated, enhanced with detailed inputs and analysis from MarketsandMarkets, and presented in the report. The following figure is an illustrative representation of the overall market size estimation process employed for this study.

Report Objectives

  • To analyze and forecast the size of the railway cybersecurity market in terms of value (USD million)
  • To analyze and forecast the size of the market based on offering [solutions (risk and compliance management, encryption, firewall, antivirus/antimalware, intrusion detection system/intrusion prevention system, and others ) and services (design and implementation, risk and threat assessment, support and maintenance, and others)].
  • To analyze and forecast the size of the market based on security type (application security, network security, data protection, endpoint security, and system administration)
  • To analyze and forecast the size of the market based on type (infrastructure and on-board)
  • To analyze and forecast the size of the market based on application (passenger trains, and freight trains)
  • To analyze and forecast the size of the market based on rail type (conventional passenger trains, urban transit, and high-speed rail)
  • To define, describe, and project the size of the market based on region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America)
  • To identify the dynamics, including drivers, restraints, opportunities, and challenges, and analyze their impact on the market
  • To track and analyze competitive developments such as new product launches, deals, and others carried out by key industry participants to strengthen their positions in the market

Available Customizations

Along with the market data, MarketsandMarkets offers customizations in line with company-specific needs.

  • Additional Company Profiles
    • Business Overview
    • SWOT Analysis
    • Recent Developments
    • MnM View
  • Detailed analysis of the railway cybersecurity market, by solutions and services
  • Country-level analysis of the cybersecurity market, by application
  • Detailed analysis of the cybersecurity market, by rail type
COVID-19

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Benchmarking the rapid strategy shifts of the Top 100 companies in the Railway Cybersecurity Market

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