Introduction
Increasing demand for cloud-based services, increasing rate of hyper-urbanization, and adoption of the Internet of Things are some of the major factors driving the market of smart railways globally. Smart railways technology offers new generation solutions, services and modern transportation with the help of information and communication technology. Advancements in networking, artificial intelligence, and big data analytics have set the pace for smart railways market growth.
The global smart railways market is expected to reach USD 27.31 billion by 2024 at a CAGR of 13.38% from 2018 to 2024.
The market has been segmented based on type, component, services, solution, and region.
By type, the market has been divided into stations and onboard trains. Stations segment is dominating the smart railways market by type and expected to generate the highest revenue as the smart railway offers better passenger amenities and IT infrastructure to enhance the traveling experience of the customers. The onboard trains type is expected to be the fastest growing market segment during the forecast period since the smart railways are integrated with sensors and advanced technologies which is required to provide security as well as amenities to passengers while traveling via trains.
By component, the market is sub-segmented into multimedia infotainment devices, video surveillance cameras, and networking & connectivity devices. Among these, the video surveillance cameras are expected to be the highest revenue generating segment during the forecast period as it provides real-time alerts about suspicious activities at the station and offers high-resolution image quality, improved video image, protects valuable assets, and minimizes the risks and other criminal activities at the station. The multimedia infotainment displays are expected to be the fastest growing segment during the forecast period. The growing number of people traveling via trains has resulted in a huge demand for multimedia infotainment displays for entertainment purpose due to the long waiting time at railway stations. These displays offer information related to the latest update of the train schedule and other information related to the railway.
By services, the market is sub-segmented into system integration & deployment, consulting services, and support & maintenance. Among these, the consulting services are expected to generate the highest market share since they are required to maintain communications network to meet various requirements such as safe operation, security, and reliable scheduling of trains.
By solution, the market is sub-segmented into advanced security monitoring system, passenger information system, rail communication & networking system, freight information system, rail analytics system, and smart ticketing systems. Among these, the rail communication & networking system is expected to generate the highest market value in the forecast period since this system helps to plays a major role in providing networking solutions at the stations. It also helps in booking online tickets and providing real-time information about the location of the train. The rail analytics system is expected to be the fastest growing solution segment during the forecast period. The increasing adoption of cloud and big data analytics are widely used in rail analytics system which helps in managing route optimization, control center operations, and crew analytics on the train.
Key Players
The key players in the global smart railways market are Alstom SA (France), Cisco Systems, Inc (US), General Electric (US), IBM Corporation (US), Hitachi Limited (Japan), Huawei Technologies Co. Ltd (China), Siemens AG (Germany), Bombardier, Inc (Canada), Indra Sistemas SA (Spain), Teleste (Finland).
Global Smart Railways Market Analysis and Forecast, 2018–2024
• To provide a detailed analysis of the market structure along with a forecast of the various segments and sub-segments of the smart railways market
• To provide insights into factors affecting market growth
• To analyze the smart railways market based on Porter's Five Forces analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main regions and their countries—North America, Europe, Asia-Pacific, and the rest of the world
• To provide country-level analysis of the market with respect to the current market size and future perspective
• To provide country-level analysis of the market for a segment on the basis of type, component, solution, and services.
• To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers & acquisitions, new product developments, and research & development in the smart railways market.
Target Audience
• Smart railways companies
• Smart railways providers
• Computer graphics developers
• System integrators and third-party vendors
• Government bodies
• Technology investors
• Research institutes and organizations
• Market research and consulting firms
• End-users/enterprise-users
Key Findings
• The global smart railways market is expected to reach USD 27.31 billion by 2024.
• Stations are dominating the smart railways market by type. It has generated market revenue of USD 8.29 billion in 2017, growing with 12.95% CAGR. Whereas, onboard trains are projected to be the fastest growing segment with 14.43% CAGR during the forecast period 2018–2024.
• By component, the smart railways market was dominated by video surveillance cameras in 2017, generating the highest market revenue of USD 4.47 billion and projected to grow with 12.76% CAGR. Whereas multimedia infotainment displays are the fastest growing market growing with 15.15% CAGR during the forecast period 2018¬–2024.
• Smart railways market, by services is dominated by consulting services in 2017. It has generated the highest market value of USD 5.17 billion in 2017, growing with 14.31% CAGR. System integration & deployment and support & maintenance market are projected to grow with 13.07% and 11.88% CAGR respectively.
• Smart railways market, by solution is dominated by rail communication & networking system in 2017, generating the highest market value of USD 3.16 billion and growing with 13.27% CAGR. Whereas, rail analytics system is projected to grow with the fastest growing CAGR of 17.03%.
• The market in Europe is projected to be the highest revenue generating region, and Asia-Pacific is expected to be the fastest growing market during the forecast period.
Regional and Country-Level Analysis of the Smart Railways Market, Estimation and Forecast
Europe is expected to be the highest revenue generating region of USD 14.35 billion during the forecast period. The adoption of the Internet of Things technology, faster economic growth, and huge investments on smart railways projects by the government is poised to drive the growth of smart railways in the region. Asia-Pacific is expected to be the fastest growing region with 15.31% CAGR during the forecast period owing to increasing regional demographics and changing traveling demand are boosting the market growth in this region.
The report on the global smart railways market also covers the following country-level analysis:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Rest of Asia-Pacific
• Rest of the World
Table of Contents:
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increasing adoption of IoT
4.2.2 Growing demand for Cloud-Based Services
4.2.3 Increasing Growth of Hyper-Urbanization
4.2.4 Drivers Impact Analysis
4.3 Challenges
4.3.1 Lack of ICT Infrastructure
4.3.2 Restraints Impact Analysis
4.4 Opportunities
4.4.1 Emerging Trend of Smart Cities
5 Market Factor Analysis
5.1 Smart Railways Infrastructure Framework
5.2 Porter’s Five Forces Model
5.2.1 Threat of New Entrants
5.2.2 Bargaining Power of Suppliers
5.2.3 Bargaining Power of Buyers
5.2.4 Threat of Substitutes
5.2.5 Intensity of Rivalry
6 Global Smart Railway Market, By Type
6.1 Overview 31
6.2 Station Type by Sub-Segment
6.2.1 By Component
6.2.2 By Service
6.2.3 By Solution
6.3 On-board Trains by Sub-Segment
6.3.1 By Component
6.3.2 By Service
6.3.3 By Solution
7 Global Smart Railway Market, by Component
7.1 Introduction
7.2 Multimedia Infotainment Displays
7.3 Video Surveillance Cameras
7.4 Networking & Connectivity Devices
8 Global Smart Railway Market, by Services
8.1 Introduction
8.2 System Integration & Deployment
8.3 Consulting Services
8.4 Support & Maintenance
9 Global Smart Railway Market, by Solution
9.1 Introduction
9.2 Advanced Security Monitoring System
9.3 Passenger Information System
9.4 Rail Communication & Networking System
9.5 Freight Information System
9.6 Rail Analytics System
9.7 Smart Ticketing System
10 Smart Railway Market, By Region
10.1 Introduction
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.2.3 MEXICO
10.3 Europe
10.3.1 The U.K
10.3.2 Germany
10.3.3 France
10.3.4 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Rest of Asia Pacific
10.5 Rest of the world (ROW)
10.5.1 The Middle East & Africa
10.5.2 Latin America
11 Competitive Landscape
11.1 Competitive Landscape
12 Company Profiles
12.1 Alstom SA
12.1.1 Company Overview
12.1.2 Financial Overview
12.1.3 Products Offerings
12.1.4 Key Developments (2017-2018)
12.1.5 SWOT Analysis
12.1.6 Key Strategy
12.2 Cisco Systems, Inc.
12.2.1 Company Overview
12.2.2 Financial Overview
12.2.3 Products Offerings
12.2.4 Key Developments (2017-2018)
12.2.5 SWOT Analysis
12.2.6 Key Strategy
12.3 General Electric
12.3.1 Company Overview
12.3.2 Financial Overview
12.3.3 Products Offerings
12.3.4 Key Developments (2017-2018)
12.3.5 SWOT Analysis
12.3.6 Key Strategy
12.4 IBM Corporation
12.4.1 Company Overview
12.4.2 Financial Overview
12.4.3 Products Offerings
12.4.4 SWOT Analysis
12.4.5 Key Strategy
12.5 Hitachi Limited
12.5.1 Company Overview
12.5.2 Financial Overview
12.5.3 Products Offerings
12.5.4 SWOT Analysis
12.5.5 Key Strategy
12.6 Huawei Technologies Co. Ltd.
12.6.1 Company Overview
12.6.2 Financial Overview
12.6.3 Products Offerings
12.6.4 Key Developments (2017-2018)
12.6.5 SWOT Analysis
12.6.6 Key Strategy
12.7 Siemens AG
12.7.1 Company Overview
12.7.2 Financial Overview
12.7.3 Products Offerings
12.7.4 Key Developments (2017-2018)
12.7.5 SWOT Analysis
12.7.6 Key Strategy
12.8 Bombardier, Inc.
12.8.1 Company Overview
12.8.2 Products Offerings
12.8.3 Key Developments (2017-2018)
12.9 Indra Sistemas SA
12.9.1 Company Overview
12.9.2 Financial Overview
12.9.3 Products Offerings
12.9.4 Key Developments (2017-2018)
12.10 Teleste
12.10.1 Company Overview
12.10.2 Financial Overview
12.10.3 Products Offerings
12.10.4 Key Developments (2017-2018List of Tables:
TABLE 1 LIST OF ASSUMPTIONS
TABLE 2 GLOBAL SMART RAILWAY MARKET, BY TYPE, 2018-2024 (USD MILLION)
TABLE 3 GLOBAL SMART RAILWAY STATIONS MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
TABLE 4 GLOBAL SMART RAILWAY STATIONS MARKET, BY SERVICE, 2018-2024 (USD MILLION)
TABLE 5 GLOBAL SMART RAILWAY STATIONS MARKET, BY SOLUTION, 2018-2024 (USD MILLION)
TABLE 6 GLOBAL SMART RAILWAY ON-BOARD TRAINS MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
TABLE 7 GLOBAL SMART RAILWAY ON-BOARD TRAINS MARKET, BY SERVICE, 2018-2024 (USD MILLION)
TABLE 8 GLOBAL SMART RAILWAY ON-BOARD TRAINS MARKET, BY SOLUTION, 2018-2024 (USD MILLION)
TABLE 9 GLOBAL SMART RAILWAY MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
TABLE 10 GLOBAL SMART RAILWAY MARKET, BY SERVICES, 2018-2024 (USD MILLION)
TABLE 11 GLOBAL SMART RAILWAY MARKET, BY SOLUTION, 2018-2024 (USD MILLION)
TABLE 12 GLOBAL SMART RAILWAY MARKET, BY REGION, 2018-2024 (USD MILLION)
TABLE 13 NORTH AMERICA: SMART RAILWAY MARKET, BY COUNTRY, 2018-2024 (USD MILLION)
TABLE 14 NORTH AMERICA SMART RAILWAY MARKET, BY TYPE, 2018-2024 (USD MILLION)
TABLE 15 NORTH AMERICA SMART RAILWAY MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
TABLE 16 NORTH AMERICA SMART RAILWAY MARKET, BY SERVICE, 2018-2024 (USD MILLION)
TABLE 17 NORTH AMERICA SMART RAILWAY MARKET, BY SOLUTION, 2018-2024 (USD MILLION)
TABLE 18 U.S.: SMART RAILWAY MARKET, BY TYPE, 2018-2024 (USD MILLION)
TABLE 19 U.S.: SMART RAILWAY MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
TABLE 20 U.S.: SMART RAILWAY MARKET, BY SERVICES, 2018-2024 (USD MILLION)
TABLE 21 U.S.: SMART RAILWAY MARKET, BY SOLUTION, 2018-2024 (USD MILLION)
TABLE 22 CANADA SMART RAILWAY MARKET, BY TYPE, 2018-2024 (USD MILLION)
TABLE 23 CANADA SMART RAILWAY MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
TABLE 24 CANADA SMART RAILWAY MARKET, BY SERVICES, 2018-2024 (USD MILLION)
TABLE 25 CANADA SMART RAILWAY MARKET, BY SOLUTION, 2018-2024 (USD MILLION)
TABLE 26 MEXICO: SMART RAILWAY MARKET, BY TYPE, 2018-2024 (USD MILLION)
TABLE 27 MEXICO: SMART RAILWAY MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
TABLE 28 MEXICO: SMART RAILWAY MARKET, BY SERVICES, 2018-2024 (USD MILLION)
TABLE 29 MEXICO: SMART RAILWAY MARKET, BY SOLUTION, 2018-2024 (USD MILLION)
TABLE 30 EUROPE SMART RAILWAY MARKET, BY COUNTRY, 2018-2024 (USD MILLION)
TABLE 31 EUROPE SMART RAILWAY MARKET, BY TYPE, 2018-2024 (USD MILLION)
TABLE 32 EUROPE SMART RAILWAY MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
TABLE 33 EUROPE SMART RAILWAY MARKET, BY SERVICE, 2018-2024 (USD MILLION)
TABLE 34 EUROPE SMART RAILWAY MARKET, BY SOLUTION, 2018-2024 (USD MILLION)
TABLE 35 THE U.K SMART RAILWAY MARKET, BY TYPE, 2018-2024 (USD MILLION)
TABLE 36 THE U.K SMART RAILWAY MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
TABLE 37 THE U.K SMART RAILWAY MARKET, BY SERVICES, 2018-2024 (USD MILLION)
TABLE 38 THE U.K SMART RAILWAY MARKET, BY SOLUTION, 2018-2024 (USD MILLION)
TABLE 39 GERMANY SMART RAILWAY MARKET, BY TYPE, 2018-2024 (USD MILLION)
TABLE 40 GERMANY SMART RAILWAY MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
TABLE 41 GERMANY SMART RAILWAY MARKET, BY SERVICES, 2018-2024 (USD MILLION)
TABLE 42 GERMANY SMART RAILWAY MARKET, BY SOLUTION, 2018-2024 (USD MILLION)
TABLE 43 FRANCE SMART RAILWAY MARKET, BY TYPE, 2018-2024 (USD MILLION)
TABLE 44 FRANCE SMART RAILWAY MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
TABLE 45 FRANCE SMART RAILWAY MARKET, BY SERVICES, 2018-2024 (USD MILLION)
TABLE 46 FRANCE SMART RAILWAY MARKET, BY SOLUTION, 2018-2024 (USD MILLION)
TABLE 47 REST OF EUROPE SMART RAILWAY MARKET, BY TYPE, 2018-2024 (USD MILLION)
TABLE 48 REST OF EUROPE SMART RAILWAY MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
TABLE 49 REST OF EUROPE SMART RAILWAY MARKET, BY SERVICES, 2018-2024 (USD MILLION)
TABLE 50 REST OF EUROPE SMART RAILWAY MARKET, BY SOLUTION, 2018-2024 (USD MILLION)
TABLE 51 ASIA PACIFIC SMART RAILWAY MARKET, BY COUNTRY, 2018-2024 (USD MILLION)
TABLE 52 ASIA PACIFIC SMART RAILWAY MARKET, BY TYPE, 2018-2024 (USD MILLION)
TABLE 53 ASIA PACIFIC SMART RAILWAY MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
TABLE 54 ASIA PACIFIC SMART RAILWAY MARKET, BY SERVICE, 2018-2024 (USD MILLION)
TABLE 55 ASIA PACIFIC SMART RAILWAY MARKET, BY SOLUTION, 2018-2024 (USD MILLION)
TABLE 56 CHINA SMART RAILWAY MARKET, BY TYPE, 2018-2024 (USD MILLION)
TABLE 57 CHINA SMART RAILWAY MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
TABLE 58 CHINA SMART RAILWAY MARKET, BY SERVICES, 2018-2024 (USD MILLION)
TABLE 59 CHINA SMART RAILWAY MARKET, BY SOLUTION, 2018-2024 (USD MILLION)
TABLE 60 JAPAN SMART RAILWAY MARKET, BY TYPE, 2018-2024 (USD MILLION)
TABLE 61 JAPAN SMART RAILWAY MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
TABLE 62 JAPAN SMART RAILWAY MARKET, BY SERVICES, 2018-2024 (USD MILLION)
TABLE 63 JAPAN SMART RAILWAY MARKET, BY SOLUTION, 2018-2024 (USD MILLION)
TABLE 64 INDIA SMART RAILWAY MARKET, BY TYPE, 2018-2024 (USD MILLION)
TABLE 65 INDIA SMART RAILWAY MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
TABLE 66 INDIA SMART RAILWAY MARKET, BY SERVICES, 2018-2024 (USD MILLION)
TABLE 67 INDIA SMART RAILWAY MARKET, BY SOLUTION, 2018-2024 (USD MILLION)
TABLE 68 REST OF ASIA PACIFIC SMART RAILWAY MARKET, BY TYPE, 2018-2024 (USD MILLION)
TABLE 69 REST OF ASIA PACIFIC SMART RAILWAY MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
TABLE 70 REST OF ASIA PACIFIC SMART RAILWAY MARKET, BY SERVICES, 2018-2024 (USD MILLION)
TABLE 71 REST OF ASIA PACIFIC SMART RAILWAY MARKET, BY SOLUTION, 2018-2024 (USD MILLION)
TABLE 72 REST OF THE WORLD (ROW) SMART RAILWAY MARKET, BY COUNTRY, 2018-2024 (USD MILLION)
TABLE 73 REST OF THE WORLD (ROW) SMART RAILWAY MARKET, BY TYPE, 2018-2024 (USD MILLION)
TABLE 74 REST OF THE WORLD (ROW) SMART RAILWAY MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
TABLE 75 REST OF THE WORLD (ROW) SMART RAILWAY MARKET, BY SERVICE, 2018-2024 (USD MILLION)
TABLE 76 REST OF THE WORLD (ROW) SMART RAILWAY MARKET, BY SOLUTION, 2018-2024 (USD MILLION)
TABLE 77 THE MIDDLE EAST & AFRICA SMART RAILWAY MARKET, BY TYPE, 2018-2024 (USD MILLION)
TABLE 78 THE MIDDLE EAST & AFRICA SMART RAILWAY MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
TABLE 79 THE MIDDLE EAST & AFRICA SMART RAILWAY MARKET, BY SERVICES, 2018-2024 (USD MILLION)
TABLE 80 THE MIDDLE EAST & AFRICA SMART RAILWAY MARKET, BY SOLUTION, 2018-2024 (USD MILLION)
TABLE 81 LATIN AMERICA SMART RAILWAY MARKET, BY TYPE, 2018-2024 (USD MILLION)
TABLE 82 LATIN AMERICA SMART RAILWAY MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
TABLE 83 LATIN AMERICA SMART RAILWAY MARKET, BY SERVICES, 2018-2024 (USD MILLION)
TABLE 84 LATIN AMERICA SMART RAILWAY MARKET, BY SOLUTION, 2018-2024 (USD MILLION)List of Figures:
FIGURE 1 GLOBAL SMART RAILWAY MARKET: MARKET STRUCTURE
FIGURE 1 RESEARCH PROCESS OF MRFR
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 DROC ANALYSIS OF GLOBAL SMART RAILWAY MARKET
FIGURE 4 DRIVERS IMPACT ANALYSIS: SMART RAILWAY MARKET
FIGURE 5 RESTRAINTS IMPACT ANALYSIS: ABC MARKET
FIGURE 6 SMART RAILWAYS INFRASTRUTURE FRAMEWORK
FIGURE 7 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL SMART RAILWAY MARKET
FIGURE 8 GLOBAL SMART RAILWAY MARKET, BY TYPE, 2017 TO 2024 (USD MILLION)
FIGURE 9 GLOBAL SMART RAILWAY MARKET, BY COMPONENT, 2017 TO 2024 (USD MILLION)
FIGURE 10 GLOBAL SMART RAILWAY MARKET, BY SERVICES, 2017 TO 2024 (USD MILLION)
FIGURE 11 GLOBAL SMART RAILWAY MARKET, BY SOLUTION, 2017 TO 2024 (USD MILLION)
FIGURE 12 GLOBAL SMART RAILWAY MARKET, BY REGION, 2017 TO 2024 (USD MILLION)
FIGURE 13 NORTH AMERICA: SMART RAILWAY MARKET, BY COUNTRY, 2017 TO 2024 (USD MILLION)
FIGURE 14 NORTH AMERICA SMART RAILWAY MARKET, BY TYPE, 2018-2024 (USD MILLION)
FIGURE 15 NORTH AMERICA SMART RAILWAY MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
FIGURE 16 NORTH AMERICA SMART RAILWAY MARKET, BY SERVICE, 2018-2024 (USD MILLION)
FIGURE 17 NORTH AMERICA SMART RAILWAY MARKET, BY SOLUTION, 2018-2024 (USD MILLION)
FIGURE 18 EUROPE: SMART RAILWAY MARKET, BY COUNTRY, 2017 TO 2024 (USD MILLION)
FIGURE 19 EUROPE SMART RAILWAY MARKET, BY TYPE, 2018-2024 (USD MILLION)
FIGURE 20 EUROPE SMART RAILWAY MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
FIGURE 21 EUROPE SMART RAILWAY MARKET, BY SERVICE, 2018-2024 (USD MILLION)
FIGURE 22 EUROPE SMART RAILWAY MARKET, BY SOLUTION, 2018-2024 (USD MILLION)
FIGURE 23 ASIA PACIFIC SMART RAILWAY MARKET, BY COUNTRY, 2017 TO 2024 (USD MILLION)
FIGURE 24 ASIA PACIFIC SMART RAILWAY MARKET, BY TYPE, 2018-2024 (USD MILLION)
FIGURE 25 ASIA PACIFIC SMART RAILWAY MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
FIGURE 26 ASIA PACIFIC SMART RAILWAY MARKET, BY SERVICE, 2018-2024 (USD MILLION)
FIGURE 27 ASIA PACIFIC SMART RAILWAY MARKET, BY SOLUTION, 2018-2024 (USD MILLION)
FIGURE 28 REST OF THE WORLD (ROW) SMART RAILWAY MARKET, BY COUNTRY, 2017 TO 2024 (USD MILLION)
FIGURE 29 REST OF THE WORLD (ROW) SMART RAILWAY MARKET, BY TYPE, 2018-2024 (USD MILLION)
FIGURE 30 REST OF THE WORLD (ROW) SMART RAILWAY MARKET, BY COMPONENT, 2018-2024 (USD MILLION)
FIGURE 31 REST OF THE WORLD (ROW) SMART RAILWAY MARKET, BY SERVICE, 2018-2024 (USD MILLION)
FIGURE 32 REST OF THE WORLD (ROW) SMART RAILWAY MARKET, BY SOLUTION, 2018-2024 (USD MILLION)
FIGURE 33 GLOBAL SMART RAILWAYS MARKET KEY PLAYERS MARKET SHARE, 2017 (%)
Alstom SA (France), Cisco Systems, Inc (US), General Electric (US), IBM Corporation (US), Hitachi Limited (Japan), Huawei Technologies Co. Ltd (China), Siemens AG (Germany), Bombardier, Inc (Canada), Indra Sistemas SA (Spain), Teleste (Finland)
