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Smart Railways Market by Solutions, Services & Regions - Global Forecast to 2020


News provided by

Research and Markets

Jan 19, 2016, 11:10 ET

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DUBLIN, Jan. 19, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/3ql3zj/smart_railways) has announced the addition of the "Smart Railways Market - Global Forecast to 2020" report to their offering.

The report forecasts the smart railways market size to grow from $5.34 Billion in 2015 to $13.77 Billion by 2020, at a CAGR of 20.8% from 2015 to 2020.

With the growing population across the world, there is a tremendous demand from the end users for fast, reliable, and efficient rail services. The existing rail infrastructure needs to undergo transformation due its lack of operational efficiency and reliability and security issues.

Smart railways solutions and services redefine the intelligent use rail assets and, rail network communication by combining Information And Communication Technology (ICT) with smart transportation systems. The report aims at estimating the market size and future growth potential of the market across different segments such as solutions, services, and regions.

Demographic growth and hyper-urbanization are expected to play key roles in fueling the growth of the market during the forecast period. However, the lack of standardized and uniform technology and security constraints are considered to be the major challenges in the growth of the market.

Target audience:

  • Railway operations management solution vendors
  • Transportation technology solution providers
  • Rail infrastructure hardware and devices suppliers
  • Railway management support services providers
  • Railway management companies (private/public)
  • Government authorities related to railway infrastructure services
  • Network and systems integrators
  • Independent software vendors
  • Value-Added Resellers (VARs) and distributors

Scope of the Report:

By Solution:

  • Passenger Information System (PIS)
  • Freight Information System
  • Advance Security Monitoring System
  • Rail Communication and Networking System
  • Smart Ticketing System
  • Rail Analytics System

By Service:

  • Professional Services
  • Integration Services
  • Cloud Services

By Region:

  • North America
  • Europe
  • Asia-Pacific
  • Middle East and Africa
  • Latin America

Companies Mentioned:

  • ABB Ltd.
  • Alstom SA
  • Bombardier
  • Cisco Systems Inc.
  • General Electric Company
  • Hitachi
  • Huawei Technologies Co. Ltd.
  • Indra Sistemas Ltd.
  • IBM
  • Siemens AG

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Smart Railways Market Overview

6 Smart Railways Market: Industry Trends

7 Smart Railways Market Analysis, By Solution

8 Smart Railways Market Analysis, By Service

9 Geographic Analysis

10 Competitive Landscape

11 Company Profile

For more information visit http://www.researchandmarkets.com/research/3ql3zj/smart_railways

Media Contact:

Laura Wood , +353-1-481-1716, [email protected]

SOURCE Research and Markets

Related Links

http://www.researchandmarkets.com

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