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Railway Cybersecurity Trends and Forecast
The future of the global railway cybersecurity market looks promising with opportunities in the passenger train and freight train markets. The global railway cybersecurity market is expected to reach an estimated $10.7 billion by 2030 with a CAGR of 9.1% from 2024 to 2030. The major drivers for this market are significantly growing digitalization and interconnectedness, rising cyberattacks and threats, increasing demand for passenger and freight capacity, and surge in number of railway projects globally.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Railway Cybersecurity by Segment
The study includes a forecast for the global railway cybersecurity by type, security type, offering, application, and region.
Railway Cybersecurity Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Infrastructure
• On-Board
Railway Cybersecurity Market by Security Type [Shipment Analysis by Value from 2018 to 2030]:
• Application Security
• Network Security
• Data Protection
• Endpoint Security
• System Administration
Railway Cybersecurity Market by Offering [Shipment Analysis by Value from 2018 to 2030]:
• Solution
• Service
Railway Cybersecurity Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Passenger Trains
• Freight Trains
• Others
Railway Cybersecurity Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Railway Cybersecurity Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies railway cybersecurity companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the railway cybersecurity companies profiled in this report include-
• Thales
• Siemens
• Alstom
• Wabtec
• Nokia Networks
Railway Cybersecurity Market Insights
Lucintel forecasts that infrastructure is expected to witness the higher growth over the forecast period due to increased investments in smart railway technologies.
Within this market, passenger train will remain the larger segment due to increasing governmentÄX%$%Xs initiative for the security of passengers.
APAC is expected to witness highest growth over the forecast period due to rising population, growing penetration of advanced technologies, and increasing investments in railway infrastructure.
Features of the Global Railway Cybersecurity Market
Market Size Estimates: Railway cybersecurity market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Railway cybersecurity market size by various segments, such as by type, security type, offering, application, and region in terms of value ($B).
Regional Analysis: Railway cybersecurity market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, security types, offerings, applications, and regions for the railway cybersecurity market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the railway cybersecurity market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the railway cybersecurity market size?
Answer: The global railway cybersecurity market is expected to reach an estimated $10.7 billion by 2030.
Q2. What is the growth forecast for railway cybersecurity market?
Answer: The global railway cybersecurity market is expected to grow with a CAGR of 9.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the railway cybersecurity market?
Answer: The major drivers for this market are significantly growing digitalization and interconnectedness, rising cyberattacks and threats, increasing demand for passenger and freight capacity, and surge in number of railway projects globally.
Q4. What are the major segments for railway cybersecurity market?
Answer: The future of the railway cybersecurity market looks promising with opportunities in the passenger train and freight train markets.
Q5. Who are the key railway cybersecurity market companies?
Answer: Some of the key railway cybersecurity companies are as follows:
• Thales
• Siemens
• Alstom
• Wabtec
• Nokia Networks
Q6. Which railway cybersecurity market segment will be the largest in future?
Answer: Lucintel forecasts that infrastructure is expected to witness the higher growth over the forecast period due to increased investments in smart railway technologies.
Q7. In railway cybersecurity market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rising population, growing penetration of advanced technologies, and increasing investments in railway infrastructure.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the railway cybersecurity market by type (infrastructure and on-board), security type (application security, network security, data protection, endpoint security, and system administration), offering (solution and service), application (passenger trains, freight trains, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Railway Cybersecurity Market, Railway Cybersecurity Market Size, Railway Cybersecurity Market Growth, Railway Cybersecurity Market Analysis, Railway Cybersecurity Market Report, Railway Cybersecurity Market Share, Railway Cybersecurity Market Trends, Railway Cybersecurity Market Forecast, Railway Cybersecurity Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Railway Cybersecurity Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Railway Cybersecurity Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Railway Cybersecurity Market by Type
3.3.1: Infrastructure
3.3.2: On-Board
3.4: Global Railway Cybersecurity Market by Security Type
3.4.1: Application Security
3.4.2: Network Security
3.4.3: Data Protection
3.4.4: Endpoint Security
3.4.5: System Administration
3.5: Global Railway Cybersecurity Market by Offering
3.5.1: Solution
3.5.2: Service
3.6: Global Railway Cybersecurity Market by Application
3.6.1: Passenger Trains
3.6.2: Freight Trains
3.6.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Railway Cybersecurity Market by Region
4.2: North American Railway Cybersecurity Market
4.2.2: North American Railway Cybersecurity Market by Application: Passenger Trains, Freight Trains, and Others
4.3: European Railway Cybersecurity Market
4.3.1: European Railway Cybersecurity Market by Type: Infrastructure and On-Board
4.3.2: European Railway Cybersecurity Market by Application: Passenger Trains, Freight Trains, and Others
4.4: APAC Railway Cybersecurity Market
4.4.1: APAC Railway Cybersecurity Market by Type: Infrastructure and On-Board
4.4.2: APAC Railway Cybersecurity Market by Application: Passenger Trains, Freight Trains, and Others
4.5: ROW Railway Cybersecurity Market
4.5.1: ROW Railway Cybersecurity Market by Type: Infrastructure and On-Board
4.5.2: ROW Railway Cybersecurity Market by Application: Passenger Trains, Freight Trains, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Railway Cybersecurity Market by Type
6.1.2: Growth Opportunities for the Global Railway Cybersecurity Market by Security Type
6.1.3: Growth Opportunities for the Global Railway Cybersecurity Market by Offering
6.1.4: Growth Opportunities for the Global Railway Cybersecurity Market by Application
6.1.5: Growth Opportunities for the Global Railway Cybersecurity Market by Region
6.2: Emerging Trends in the Global Railway Cybersecurity Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Railway Cybersecurity Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Railway Cybersecurity Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Thales
7.2: Siemens
7.3: Alstom
7.4: Wabtec
7.5: Nokia Networks
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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