The Smart Railway Market is valued at USD 155.8 billion in 2020 and is expected to reach USD 36.58 billion by 2026 and grow at a CAGR of 15% over the forecast period (2021-2027). Global trends such as digitization, connectivity, sustainability, energy savings and IoT integration have led to the emergence of smart rail systems. The global population is expected to reach 9.8 billion by 2050, of which 75% will live in cities. Hence, it has become essential for public institutions to ensure that the transport sector is aligned to meet the growing connectivity requirements.
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A full report of Global Smart Railway Market is available at:
The following Segmentation are covered in this report: https://www.orionmarketreports.com/smart-railways-market/31206/
By System
- Passenger Information System
- Rail & Freight Operations Management System
- Smart Safety & Security Monitoring System
- Rail communication & Networking System
- Smart Ticketing System
- Rail Analytics System
- Others
By Offering Type
- Solutions
- Components & Devices
- Services
Key Players
- Alstom
- BOMBARDIER INC.
- ABB Ltd
- Siemens AG
- Cisco Systems, Inc.
- Huawei Technologies Co., Ltd.
- IBM
- Indra Sistemas, S.A.
- Hitachi, Ltd.
- Aitek S.P.A.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Smart Railway Market.
- The market share of the global Smart Railway Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Smart Railway Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Smart Railway Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
