Global Digital Railway Market Report 2024

Digital Railway Global Market Report 2024 – By Services (Managed Services, Professional Services), By Solutions (Remote Monitoring, Route Optimization And Scheduling, Analytics, Network management, Predictive maintenance, Security, Other Solutions (includes digital Railway, content management for infotainment, and preventive maintenance)), By Deployment Model (On-Premises, Cloud), By Application (Rail Operations Management, Passenger Information System, Asset Management, Other Applications (Other applications include connectivity and communication)) – Market Size, Trends, And Global Forecast 2024-2033

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Digital Railway Market Definition And Segments

The digital railway is a concept used to increase rail capacity and improve network performance. It is Network Rail’s concept for change in the rail industry by integrating the latest software solutions with the railway infrastructure to meet the increasing demand for passengers effectively and provide safer rail services.

The main services of the digital railway are managed services and professional services. Managed services refer to a way to offload general tasks to an expert to reduce costs, improve service quality, or free internal teams to do work that’s specific to their business. The solutions are remote monitoring, route optimization and scheduling, analytics, network management, predictive maintenance, security, and other solutions (including digital railway, content management for infotainment, and preventive maintenance). The deployment models are on-premises and cloud-based. The various applications involved rail operations management, passenger information systems, asset management, and other applications (other applications include connectivity and communication).

The digital railway market covered in this report is segmented –

1) By Services: Managed Services, Professional Services

2) By Solutions: Remote Monitoring, Route Optimization And Scheduling, Analytics, Network management, Predictive maintenance, Security, Other Solutions (includes digital Railway, content management for infotainment, and preventive maintenance)

3) By Deployment Model: On-Premises, Cloud

4) By Application: Rail Operations Management, Passenger Information System, Asset Management, Other Applications (Other applications include connectivity and communication)

The digital railway market size has grown strongly in recent years. It will grow from $51.31 billion in 2023 to $56.1 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to need for increased rail network capacity, advancements in communication technologies, demand for enhanced passenger experience, integration of real-time monitoring and control systems, regulatory push for safety and efficiency in rail operations.

The digital railway market size is expected to see strong growth in the next few years. It will grow to $81.04 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to implementation of 5g networks in railways, adoption of internet of things (IoT) in railway infrastructure, growth in autonomous and connected trains, focus on energy efficiency and sustainability, integration of artificial intelligence in rail operations. Major trends in the forecast period include digital twin technology for rail asset management, predictive maintenance and condition monitoring, smart ticketing and passenger information systems, cybersecurity measures for digital rail systems, emphasis on interoperability in digital railway solutions.

Government Initiatives Drive Digital Railway Advancements

The increase in government initiatives is expected to propel the growth of the digital railway market going forward. Government initiatives refer to an important act or statement that is intended to solve a problem. Governments across various countries are investing in digitalizing and modernizing railway operations, such as automating ticket processing, customer service support, preparing maintenance schedules with self-learning algorithms, and managing railway traffic. For instance, in June 2022, according to the Government of the UK, a UK-based public sector information website announced a $1.18 billion investment to replace outdated Victorian infrastructure with cutting-edge digital signaling technology, which will result in fewer delays and more consistent service for millions of passengers. The funding will be used to remove outdated lineside signaling and replace it with the European Train Control System (ETCS), which brings signaling into train drivers’ cabs and offers them real-time, continuous information during their journey. It will reduce carbon emissions by 55,000 tons, which is the equivalent of more than 65,000 one-way flights from London to New York. Therefore, the increase in government initiatives is driving the digital railway market growth.

The Role Of Digital Railway Systems In Meeting The Challenges Of Rising Urbanization

Rising urbanization is expected to propel the digital railway market going forward. Urbanization refers to the process of increasing the population concentration in urban areas, typically resulting from rural-to-urban migration and natural population growth within cities and towns. Digital railway systems play a pivotal role in urbanization by providing efficient, reliable, and sustainable transportation solutions for rapidly growing urban areas. These systems help alleviate traffic congestion, reduce environmental impact, and enhance the mobility of urban populations. For instance, in October 2022, the World Bank, a USA-based international financial institution published an article that said globally, over 50% of the population lives in urban areas in 2022.By 2045, the world's urban population is expected to increase by 1.5 times to 6 billion. Therefore, the rising urbanization is driving the digital railway market.

Major companies operating in the digital railway market report are Siemens AG, Cisco Systems Inc., Hitachi Ltd, Wabtec Corporation, Alstom SA, International Business Machines Corporation (IBM), Asea Brown Boveri (ABB), Huawei Technologies Co Ltd, Thales Group, Fujitsu Limited, DXC Technology, Indra, Nokia Corporation, Atkins, Toshiba Corporation, Bombardier Inc, General Electric (GE), Ansaldo STS, Toshiba Infrastructure Systems & Solutions Corporation, Mitsubishi Electric Corporation, CAF Signalling, Advantech Co. Ltd., EKE-Electronics Ltd., Mermec Group, Prover Technology AB, Frauscher Sensor Technology Group, Kontron AG, L&T Technology Services Limited, Trimble Inc., Thales Canada Inc.

Technological Advancements In The Digital Railway Market

Technological advancements are a key trend gaining popularity in the digital railway market. Major companies operating in the digital railway market are focused on developing new technological solutions to strengthen their position. For instance, in March 2021, Thales Group, a France-based company operating in digital railways, launched CBTC (communications-based train control) and real-time passenger density systems. The company is also developing technology that allows trains to track potential obstacles in partnership with Invision AI and Metrolinx. SelTrac G8 is the eighth generation CBTC system with distributed intelligent video analytics, which would monitor passenger density in trains and on platforms and is regarded as the 'first-ever digital event that has been dedicated to rail transport with the smart mobility experience. ' The benefits of this system include flexibility and evolution capabilities that rely on the latest technologies to significantly reduce installation and lifecycle costs while maintaining passenger safety.

Huawei's Future Railway Mobile Communication System Enhances Safety And Efficiency

Major companies in the digital railway market are developing innovative solutions and products to sustain their position in the digital railway market such as Future Railway Mobile Communication System. The Future Railway Mobile Communication System is a solution focused on improving safety and reliability in the railway system. For instance, in September 2022, Huawei, a China-based information and communications technology launched the Huawei Future Railway Mobile Communication System which achieves maximum coverage using a unique technology called 8T8R Smart MIMO. Train control and dispatch are just the beginning of Huawei FRMCS' expansion of train-to-ground wireless services, which also include railway O&M and IoT. It guarantees the safety of train operations, boosts the effectiveness of railway operations, and enables the widespread digital transformation of the rail industry. The deployment of new services and the interconnection of wireless networks and railway industry applications are made easier by Huawei FRMCS, which eliminates single-point failures on networks, guarantees high device and network reliability, and conforms with industry standards in terms of architecture.

Hitachi Rail's Acquisition Of Thales Ground Transportation Systems

In August 2021, Hitachi Rail Signaling and Transportation Systems (STS), a Japan-based global provider of rail solutions, acquired Thales' Ground Transportation Systems (GTS) for a deal amount of $1.96 billion. This acquisition helps Hitachi Rail expand the scale of its rail signaling systems business globally, bringing an enhanced turnkey railway offering to new markets around the world and enhancing the availability of its Mobility as a Service (MaaS) to a global clientele. Thales' Ground Transportation Systems is a France-based company operating in digital rail.

Asia-Pacific was the largest region in the digital railway market in 2023. North America was the second-largest region of the digital railway market. The regions covered in the digital railway market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the digital railway market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The digital railway market consists of revenues earned by entities by providing route optimization, scheduling, and remote monitoring. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The digital railway market research report is one of a series of new reports from The Business Research Company that provides digital railway market statistics, including digital railway industry global market size, regional shares, competitors with a digital railway market share, detailed digital railway market segments, market trends and opportunities, and any further data you may need to thrive in the digital railway industry. This digital railway market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Digital Railway Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $56.1 billion
Revenue Forecast In 2033 $81.04 billion
Growth Rate CAGR of 9.6% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Services: Managed Services, Professional Services
2) By Solutions: Remote Monitoring, Route Optimization And Scheduling, Analytics, Network management, Predictive maintenance, Security, Other Solutions (includes digital Railway, content management for infotainment, and preventive maintenance)
3) By Deployment Model: On-Premises, Cloud
4) By Application: Rail Operations Management, Passenger Information System, Asset Management, Other Applications (Other applications include connectivity and communication)
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Siemens AG; Cisco Systems Inc.; Hitachi Ltd; Wabtec Corporation; Alstom SA; International Business Machines Corporation (IBM); Asea Brown Boveri (ABB); Huawei Technologies Co Ltd; Thales Group; Fujitsu Limited; DXC Technology; Indra; Nokia Corporation; Atkins; Toshiba Corporation; Bombardier Inc; General Electric (GE); Ansaldo STS; Toshiba Infrastructure Systems & Solutions Corporation; Mitsubishi Electric Corporation; CAF Signalling; Advantech Co. Ltd.; EKE-Electronics Ltd.; Mermec Group; Prover Technology AB; Frauscher Sensor Technology Group; Kontron AG; L&T Technology Services Limited; Trimble Inc.; Thales Canada Inc.
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    Table Of Contents

    1. Executive Summary

    2. Digital Railway Market Characteristics

    3. Digital Railway Market Trends And Strategies

    4. Digital Railway Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Digital Railway Market Size and Growth

    5.1. Global Digital Railway Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Digital Railway Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Digital Railway Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Digital Railway Market Segmentation

    6.1. Global Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Managed Services

    Professional Services

    6.2. Global Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Remote Monitoring

    Route Optimization And Scheduling

    Analytics

    Network management

    Predictive maintenance

    Security

    Other Solutions (includes digital Railway, content management for infotainment, and preventive maintenance)

    6.3. Global Digital Railway Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    On-Premises

    Cloud

    6.4. Global Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Rail Operations Management

    Passenger Information System

    Asset Management

    Other Applications (Other applications include connectivity and communication)

    7. Digital Railway Market Regional And Country Analysis

    7.1. Global Digital Railway Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Digital Railway Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Digital Railway Market

    8.1. Asia-Pacific Digital Railway Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Digital Railway Market

    9.1. China Digital Railway Market Overview

    9.2. China Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Digital Railway Market

    10.1. India Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Digital Railway Market

    11.1. Japan Digital Railway Market Overview

    11.2. Japan Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Digital Railway Market

    12.1. Australia Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Digital Railway Market

    13.1. Indonesia Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Digital Railway Market

    14.1. South Korea Digital Railway Market Overview

    14.2. South Korea Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Digital Railway Market

    15.1. Western Europe Digital Railway Market Overview

    15.2. Western Europe Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Digital Railway Market

    16.1. UK Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Digital Railway Market

    17.1. Germany Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Digital Railway Market

    18.5. France Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Digital Railway Market

    19.9. Italy Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Digital Railway Market

    20.13. Spain Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Digital Railway Market

    21.1. Eastern Europe Digital Railway Market Overview

    21.2. Eastern Europe Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Digital Railway Market

    22.1. Russia Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Digital Railway Market

    23.1. North America Digital Railway Market Overview

    23.2. North America Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Digital Railway Market

    24.1. USA Digital Railway Market Overview

    24.2. USA Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Digital Railway Market

    25.1. Canada Digital Railway Market Overview

    25.2. Canada Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Digital Railway Market

    26.1. South America Digital Railway Market Overview

    26.2. South America Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Digital Railway Market

    27.1. Brazil Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Digital Railway Market

    28.1. Middle East Digital Railway Market Overview

    28.2. Middle East Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Digital Railway Market

    29.1. Africa Digital Railway Market Overview

    29.2. Africa Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Digital Railway Market Competitive Landscape And Company Profiles

    30.1. Digital Railway Market Competitive Landscape

    30.2. Digital Railway Market Company Profiles

    30.2.1. Siemens AG

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Cisco Systems Inc.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Hitachi Ltd

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Wabtec Corporation

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Alstom SA

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Digital Railway Market Competitive Benchmarking

    32. Global Digital Railway Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Digital Railway Market

    34. Digital Railway Market Future Outlook and Potential Analysis

    34.1 Digital Railway Market In 2028 - Countries Offering Most New Opportunities

    34.2 Digital Railway Market In 2028 - Segments Offering Most New Opportunities

    34.3 Digital Railway Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Digital Railway Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Digital Railway Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Digital Railway Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Siemens AG Financial Performance
  • Table 76: Cisco Systems Inc. Financial Performance
  • Table 77: Hitachi Ltd Financial Performance
  • Table 78: Wabtec Corporation Financial Performance
  • Table 79: Alstom SA Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Digital Railway Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Digital Railway Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Digital Railway Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Digital Railway Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Digital Railway Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Siemens AG Financial Performance
  • Figure 76: Cisco Systems Inc. Financial Performance
  • Figure 77: Hitachi Ltd Financial Performance
  • Figure 78: Wabtec Corporation Financial Performance
  • Figure 79: Alstom SA Financial Performance
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Frequently Asked Questions

What is the definition of the digital railway market?

The digital railway is a concept used to increase rail capacity and improve network performance. It is Network Rail’s concept for change in the rail industry by integrating the latest software solutions with the railway infrastructure to meet the increasing demand for passengers effectively and provide safer rail services. For further insights on the digital substation market, request a sample here

How will the digital railway market drivers and restraints affect the digital railway market dynamics? What forces will shape the digital railway industry going forward?

The digital railway market major growth driver - government initiatives drive digital railway advancements. For further insights on the digital substation market, request a sample here

What is the forecast market size or the forecast market value of the digital railway market ?

The digital railway market size has grown strongly in recent years. It will grow from $51.31 billion in 2023 to $56.1 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to need for increased rail network capacity, advancements in communication technologies, demand for enhanced passenger experience, integration of real-time monitoring and control systems, regulatory push for safety and efficiency in rail operations. The digital railway market size is expected to see strong growth in the next few years. It will grow to $81.04 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to implementation of 5g networks in railways, adoption of internet of things (iot) in railway infrastructure, growth in autonomous and connected trains, focus on energy efficiency and sustainability, integration of artificial intelligence in rail operations. Major trends in the forecast period include digital twin technology for rail asset management, predictive maintenance and condition monitoring, smart ticketing and passenger information systems, cybersecurity measures for digital rail systems, emphasis on interoperability in digital railway solutions. For further insights on the digital substation market, request a sample here

How is the digital railway market segmented?

The digital railway market is segmentedThe digital railway market covered in this report is segmented –
1) By Services: Managed Services, Professional Services
2) By Solutions: Remote Monitoring, Route Optimization And Scheduling, Analytics, Network management, Predictive maintenance, Security, Other Solutions (includes digital Railway, content management for infotainment, and preventive maintenance)
3) By Deployment Model: On-Premises, Cloud
4) By Application: Rail Operations Management, Passenger Information System, Asset Management, Other Applications (Other applications include connectivity and communication) For further insights on the digital substation market,
request a sample here

Which region has the largest share of the digital railway market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the digital railway market in 2023. North America was the second-largest region of the digital railway market. The regions covered in the digital railway market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the digital substation market, request a sample here.

Who are the major players in the digital railway market?

Major companies operating in the digital railway market report are Siemens AG, Cisco Systems Inc., Hitachi Ltd, Wabtec Corporation, Alstom SA, International Business Machines Corporation (IBM), Asea Brown Boveri (ABB), Huawei Technologies Co Ltd, Thales Group, Fujitsu Limited, DXC Technology, Indra, Nokia Corporation, Atkins, Toshiba Corporation, Bombardier Inc, General Electric (GE), Ansaldo STS, Toshiba Infrastructure Systems & Solutions Corporation, Mitsubishi Electric Corporation, CAF Signalling, Advantech Co. Ltd., EKE-Electronics Ltd., Mermec Group, Prover Technology AB, Frauscher Sensor Technology Group, Kontron AG, L&T Technology Services Limited, Trimble Inc., Thales Canada Inc. For further insights on the digital substation market, request a sample here.

What are the key trends in the digital railway market?

Major trend in the digital railway market - technological advancements in the digital railway market. For further insights on the digital substation market, request a sample here.

What are the major opportunities in the digital railway market? What are the strategies for the digital railway market?

For detailed insights on the major opportunities and strategies in the digital railway market, request a sample here.

How does the digital railway market relate to the overall economy and other similar markets?

For detailed insights on digital railway market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the digital railway industry?

For detailed insights on the mergers and acquisitions in the digital railway industry, request a sample here.

What are the key dynamics influencing the digital railway market growth? SWOT analysis of the digital railway market.

For detailed insights on the key dynamics influencing the digital railway market growth and SWOT analysis of the digital railway industry, request a sample here.