Global Smart Railways Market (2021 to 2026) - Increase in the Demand for Cloud-Based Services Presents Opportunities
DUBLIN, Sept. 1, 2021 /PRNewswire/ -- The "Global Smart Railways Market by Offering (Solutions (Rail Asset Management and Maintenance, Operation and Control, Communication and Networking, Security and Safety, Rail Analytics) and Services (Professional and Managed)), and Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
The smart railways market is projected to grow from USD 26.0 billion in 2021 to USD 41.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 9.6% during the forecast period.
Major factors driving the growth of the smart railways market include the need for efficiency in rail operations, high demographic growth and hyper-urbanization enhancing the need for efficient railway systems, technological advancements targeted toward the enhancement of customer experience, increase in government initiatives and Public-Private Partnerships (PPP), and adoption of IoT as well as automation technologies to enhance optimization of smart railways.
2 Research Methodology
5 Market Overview and Trends
6 Smart Railways Market, by offering
7 Smart Railways Market, by Region
8 Competitive Landscape
9 Company Profiles
10 Adjacent/Related Markets
For more information about this report visit https://www.researchandmarkets.com/r/ype88k
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