Railway Management System Market Competitive Analysis and Precise Outlook 2030

Posted by Vedika on February 7th, 2021

The Global Railway Management System Market size is estimated to be USD 46.41 billion in 2019 and is predicted to reach USD 246.66 billion by 2030 with a CAGR of 16.4% from 2020-2030.

Railway Management System consists of various tools and application to manage the complete railway system which includes maintenance, operational management, power supply and many more on a large scale. This system also assists in the proper communication about the train location, speed tracking and also helps in the disaster management in case of emergency. It offers batter operational control, passenger information management, traffic planning and various other services and solutions in single software.

Access Full Description of this report at:-


Top Companies: Hitachi, Atos, Huawei, Nokia, Thales, Tech Mahindra, Bombardier, Ansaldo, Indra Sistemas, DXC Technology, Toshiba, Amadeus, Optasense, General Electric, Alstom, Cisco, IBM, Siemens, ABB, Frequentis, EKE Electronics, Eurotech, Gao Rfid, Trimble and others.

The global railway management system market share is analyzed on the basis of component, deployment and geography. Based on component, the market is fragmented into solution and services. The solution segment is sub segmented into Rail Operations Management System, Rail Traffic Management System, Rail Asset Management System, Rail Control System, Rail Maintenance Management System, Rail Communication and Networking System, Rail Analytics, Passenger Information System, Rail Security, and Freight Information System. The services segment is further divided into Consulting, System Integration and Deployment, and Support and Maintenance. Based on deployment, the market is divided into on-premise and cloud. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

North America is expected to represent the major market share over the forecast period owing to the increased adoption of advanced technology coupled with developed infrastructure and increase in tourism industry is further expected augment the growth of railway management system market over the forecast period. Asia Pacific is expected to develop rapidly over the forecast period with gradual increase in market share owing to the presence of developing economies with increase in railway projects and increase in investment by government to promote the railway industry and increase in per capita income is also expected to anticipate the growth of railway management system market.

About Next Move Strategy Consulting:

Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics.

We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solution that ranges from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.

Like it? Share it!


About the Author

Joined: November 28th, 2020
Articles Posted: 128

More by this author