Wednesday, March 22, 2023
  • About Us
  • Contact Us
KsaWeekly.com
  • News
  • Business
  • Finance
  • Technology
  • Lifestyle
  • Middle East
  • Press Release
Submit a News Release
No Result
View All Result
KsaWeekly.com
Submit PR
Home Press Release

Railway Management System Market Analysis, Size, Share, Facts and Figures, Services and Forecast 2025

Press Room by Press Room
September 22, 2022
in Press Release
Share on FacebookShare on Twitter


(EMAILWIRE.COM, September 22, 2022 ) Railway Management System Market size to grow from USD 40.8 billion in 2020 to USD 61.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 8.7% forecast period.

Railway management system solutions have spurred tremendous growth opportunities for technology vendors and various associated service providers. Factors contributing to the high growth rate in these regions are the increasing need for efficient rail operations, rising PPP model and government initiatives, growing population and hyper-urbanization, and increasing congestion due to aging railway infrastructure. These factors are also expected to shape the future of the global Railway Management System Market.

Browse in-depth TOC on “Railway Management System Market”
228 – Tables
52- Figures
249- Pages

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=193193339

The solutions segment to hold a larger market size during the forecast period

The solutions segment of the Railway Management System Market is projected to hold a larger market size during the forecast period. The solutions segment in the Railway Management System Market is further segmented into rail asset management, track monitoring, revenue management, intelligent signaling system, route planning & scheduling, ptc, cbtc, pis, security & analytics. The incorporation of various railway management system solutions for the railway industry has become necessary for developing and establishing advanced and automated railway infrastructures.

By services, the Support and Maintenance segment to record a highest growth rate during the forecast period

The support and maintenance services include 24/7 troubleshooting assistance, upgradation of the existing freight management system solution, problem-solving, repairing, replacing failure components, proactive services, technical support by technicians, and test scenario management. The support and maintenance segment also includes facility inspection and training, and round-the-clock support for railway management system solutions. These services are widely adopted by organizations to avoid business threats and safeguard devices.

By region, Europe to account for the largest market size during the forecast period

Countries from Western Europe, such as the UK, France, and Germany, have well-established railway infrastructure, and various railway operators in this region use some advanced railway management system solutions. European countries have been investing majorly in the modernization and upgradation of their existing rail infrastructure. Social and trade agreements among the EU countries have promoted large-scale, cross-border trade, and passenger traffic in Europe. The high growth of the adoption of railway management system solutions is expected in the region, especially in communication technology, as the European Telecommunications Standards Institute (ETSI) has formed a separate committee to focus on the Machine-to-Machine (M2M) communication privacy standardization and high trading standard.

Request Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=193193339

Market Players

Major vendors in the Railway Management System Market include Siemens (Germany), Cisco (US), Alstom (France), Hitachi (Japan), Wabtec (US), Trimble (US), Atkins (UK), Uptake (US), Accenture (Ireland), Capgemini (France), Amadeus (Spain), Advantech (Waiwan), Thales Group (France), Eurotech (Italy), and Frequentis (Austria).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.



Source link

Previous Post

Terrapinn Selects Commerce Talks™ as its Official Podcast Partner for Seamless Saudi Arabia

Next Post

SECURRENCY CAPITAL APPOINTS AISHA AL MANSOORI AS NEW NON-EXECUTIVE DIRECTOR

RECOMMENDED NEWS

Plant Phenotyping Market Size, Share, Trends – 2027

4 weeks ago

Saudi crown prince to visit Turkey in first since Khashoggi murder

9 months ago

Saudi Arabia $280+ Mn Electric Commercial Vehicle Markets, Analysis, Competition, Forecasts & Opportunities, 2017-2021 & 2022-2027

4 months ago

Assured PNT Market Forecasted to be Worth $1.7 Billion by 2027 at a CAGR of 29.8%

6 days ago

BROWSE BY CATEGORIES

  • Business
  • Finance
  • Lifestyle
  • Middle East
  • News
  • Press Release
  • Technology

POPULAR NEWS

  • ZainTech partners with LigaData to deliver data-driven digital services in MENA

    ZainTech partners with LigaData to deliver data-driven digital services in MENA

    0 shares
    Share 0 Tweet 0
  • تم إطلاق VOYAH FREE في أوروبا وتم افتتاح معرض VOYAH.

    0 shares
    Share 0 Tweet 0
  • Saudi Arabia’s NuqtahNFT and ConsenSys partner to empower Web 3 startups

    0 shares
    Share 0 Tweet 0
  • Vidliz Expands Its Data-Driven Online Marketing Services in the Middle East

    0 shares
    Share 0 Tweet 0
  • NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

    0 shares
    Share 0 Tweet 0

KSA Weekly™ publishes and aggregates business, socio-economic, Tech and industrial news on Saudi Arabia, Middle East and North Africa (MENA).

We provide press release distribution to media in the Kingdom of Saudi Arabia, the Arab world and the GCC/MENA regions. To send your press release, contact us today.

Recent News

Recent Posts
  • Correction: BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East
  • French-speaking Saudis host cultural night in Jeddah – Arab News
  • TCS named a Top Employer in the UAE, Saudi Arabia and South … – ITP.net
  • Olayan Saudi to open new rehab hospital in Riyadh – ZAWYA
  • Saudi Arabia, Türkiye Announce Engineering Automation Project for … – Asharq Al-awsat – English

Category

News

Business

Finance

Technology

Lifestyle

Middle East

Press Releases

Subscribe to Our Newsletter

    KSA Weekly ™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC

    • About Us
    • Contact Us
    • Submit a Press Release
    No Result
    View All Result
    • News
    • Business
    • Finance
    • Technology
    • Lifestyle
    • Middle East
    • Press Release

    © 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.