Digital Railway Market : Technology Advancements, Industry Insights, Growth Strategy, Trends And Forecast 2023-2032Siemens AG, Cisco Systems Inc., Hitachi Ltd., Wabtec Corporation, Alstom SA

The Business Research Company’s Digital Railway Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Digital Railway Global Market Report 2023 evaluates digital railway market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global digital railway market size grew from $47.93 billion in 2022 to $53 billion in 2023 at a compound annual growth rate (CAGR) of 10.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The digital railway market size is expected to grow to $77.2 billion in 2027 at a CAGR of 9.9%.

The digital railway market segments in the report are:
1) By Services:
Managed Services
Professional Services

2) By Solutions:
Remote Monitoring
Route Optimization and Scheduling
Analytics
Network management
Predictive maintenance
Security
Other Solutions

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)

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Top 5 Major Key Players Are:

  • Siemens AG
  • Cisco Systems Inc.
  • Hitachi Ltd.
  • Wabtec Corporation
  • Alstom SA

 

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
5. Digital Railway Market Size And Growth
……….
28. Key Mergers And Acquisitions In The Digital Railway Market
29. Digital Railway Market Future Outlook and Potential Analysis
30. Appendix

 

List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Digital Railway Market, Segmentation By Services, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Digital Railway Market, Segmentation By Solutions, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Digital Railway Market, Segmentation By Deployment Model, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
……….
Table 47: Siemens AG Financial Performance
Table 48: Cisco Systems Inc Financial Performance
Table 49: Hitachi Ltd Financial Performance
Table 50: Wabtec Corporation Financial Performance
Table 51: Alstom SA Financial Performance

 

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