Railway Cybersecurity Market Size, Share & Growth is Worth $14.13 Billion by 2030, At CAGR of 9.9% According to Polaris Market Research

Railway Cybersecurity Market

The global railway cybersecurity market size is expected to reach USD 14.13 billion by 2030 according to a new study by Polaris Market Research.

The surge in demand for the freight and passenger capacity and escalating cases of cyber-attacks are primarily attributed to the industry growth. In addition, the rising numbers of smart city initiatives by the various governments are also supporting global industry development. Moreover, incorporating multiple novel technologies like IoT and AI, tied with the increasing demand for cloud-based services, further stimulates the industry demand in the forthcoming years.

Request Sample PDF Brochure of Railway Cybersecurity Market Size – COVID-19 Impact and Global Analysis with Strategic Developments at: https://www.polarismarketresearch.com/industry-analysis/railway-cybersecurity-market/request-for-sample

Based on the type, the onboard train segment holds the largest revenue in the global industry in 2021 and is expected to grow at the highest CAGR in the forthcoming years. The most developed service or solution set facilitates safety, enhanced operation performance, and system administration.

The growing demand for cloud-based services across various sectors uplifts the industry demand globally because of their competent IT management and reliable security environment. Industry participants such as Alstom, ABB, BAE Systems, Cervello, Bombardier, Cisco Systems, Inc., General Electric, Cylus Ltd., Hitachi Ltd., International Business Machine Corporation, Huawei Technologies Co., Ltd., Nokia Corporation, Siemens AG, Thales Group, Raytheon Technologies Corporation, and Webtec Corporation are some of the key players operating in the global industry.

Several industry players are taking strategies moves such as mergers and acquisitions to intensify their business growth. For instance, Siemens declared the acquisition of RailTerm- a Canada-based rail service provider- in May 2021. The objective of the acquisition is to assist the company in developing its product portfolio with electrification, on-ground track and signaling, and communication systems.

Inquire Your Queries at: https://www.polarismarketresearch.com/industry-analysis/railway-cybersecurity-market/inquire-before-buying

Polaris Market research has segmented the railway cybersecurity market report on the basis of offering, security, type, rail type, and region:

Railway Cybersecurity, Offering Outlook (Revenue – USD Billion, 2018 – 2030)

  • Solutions
    • Risk and Compliance Management
    • Encryption
    • Firewall
    • Antivirus/Antimalware
    • Intrusion Detection System/Intrusion Prevention System
    • Others
  • Services
    • Design and Implementation
    • Risk and Threat Assessment
    • Support and Maintenance
    • Others

Railway Cybersecurity, Security Type Outlook (Revenue – USD Billion, 2018 – 2030)

  • Application Security
  • Network Security
  • Data Protection
  • Endpoint Security
  • System Administration

Railway Cybersecurity, Type Outlook (Revenue – USD Billion, 2018 – 2030)

  • Infrastructure
  • On-board

Railway Cybersecurity, Rail Type Outlook (Revenue – USD Billion, 2018 – 2030)

  • Conventional Passenger Trains
  • Urban Transit
  • High-Speed Rail

To know about the assumptions considered for the study, download the pdf brochure: https://www.polarismarketresearch.com/industry-analysis/railway-cybersecurity-market

About Us:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defense, among different ventures present globally.

Contact Us:

Polaris Market Research

Phone: +1-929-297-9727

Email: sales@polarismarketresearch.com