Railway Cybersecurity Market Highlights:

Railway Cybersecurity is an increasingly important issue as rail transport systems become more reliant on digital technology. According to an ENISA study from November 2020, the level of implementation of cybersecurity measures in the railway sector varies between countries and organizations. However, maintaining operational continuity standards and ensuring the integrity of both mainline and urban rail transport systems is a shared objective.

The global Railway Cybersecurity Market Size is estimated to be 6.60 Billion in 2021 and is projected to grow 13.90 billion by 2030, at a CAGR of 8.6% from 2021 to 2030.

There are different cybersecurity solutions available for rail systems. For instance, Cervello is one such solution that railway operators and infrastructure managers use to ensure safe and reliable transport. The solution provides real-time alerts and constant monitoring, offering rail operators full visibility into their systems.

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Railway Cybersecurity Market Key Players:

Key Findings Of The Study
By Component, the solution segment is projected to dominate the railway cybersecurity market during the forecast period.
On the basis of type, the on-board segment is anticipated to exhibit significant growth in the future.
Depending on security type, the network security segment is anticipated to lead the global railway cybersecurity market.
Region-wise, Europe is projected to lead the global railway cybersecurity market.

The key players operating in the global railway cybersecurity market include Thales Group, Siemens AG, Alstom, Wabtec Corporation, Hitachi, Ltd., Nokia Networks, IBM, Cisco Systems, Inc., Raytheon Technologies Corporation, Huawei Technologies Co., Ltd., and Toshiba Corporation.

Railway Cybersecurity Market Segmentation:

According to the Railway Cybersecurity Market report, the market has been segmented into application, type, rail type, and security type. 

Based on the application segment, the market for Railway Cybersecurity has been divided into freight trains and passenger trains. Based on the type segment, the market for railway cybersecurity has been bifurcated into On-Board and Infrastructural. The onboard railway segment is predicted to expand faster in the review period. Depending on the rail type segment, the global market has been segmented into high-speed rail, conventional passenger trains, and urban transit. 

In terms of security type segment, the current market has been classified into Application Security, System Administration, Data Protection, Network Security, and End Point Security. Out of all, various market players project network security to lead the global market during the research tie frame due to the increasing application of comprehensive network security solutions. Moreover, the network security solutions are helpful to protect the railway networks, railway systems, and services from unwanted disclosure, destruction, and unauthorized modifications.

Regional Analysis

Geographically, the Railway Cybersecurity Market has covered some major regions like the Asia Pacific, North America, Europe, Middle East Africa, Latin America and others. 

Out of all, the Asia-Pacific market is accounted to expand fastest during the forecast time frame of 2030. In this region, a large population depends upon public transportation for leisure, work and others, influencing the Asia Pacific market for Railway Cybersecurity. Presently, the countries like Taiwan, Singapore, Japan, Hong Kong SAR, China, South Korea, etc., are hosting the most advanced rail networks.

Recently, rapid development has been witnessed in the Chinese railways where the maximum train speed has been increased from 250km/hr to 350km/hr, and additional high-speed rail (HSR) network to 35,000 kilometers. Moreover, the Asia Pacific region has the presence of leading market players such as Siemens AG (Germany), Nokia Networks (Finland), Thales Group (France), Wabtec (US), and Alstom (France). They are growing the investment in railway cybersecurity. 

Industry News:

In October 2021, a German railway company known as Deutsche Bahn AG signed a partnership contract with Siemens Mobility. This partnership has proposed to develop a completely automated train that could be the world's first train that operates with digital technology.

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Table of Contents:

1          Executive Summary

2          Scope of the Report

2.1       Market Definition

2.2       Scope of the Study

2.2.1    Research objectives

2.2.2    Assumptions & Limitations

2.3       Markets Structure

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