Global Railway Cybersecurity
Praveen Kumar
Managing Director & Co-Founder @ AMA Research & Media | Market Research, Team Building, Marketing Strategy
What is Railway Cybersecurity Market Scope?
Railway cybersecurity is used to protect infrastructure, malware, digital resources, and data from cyber-attacks, ransomware, and others. Railway cybersecurity is necessary to secure infrastructure and organizational data from malicious threats. Additionally, the railway focus on the level of threat, and their vulnerabilities are defined by the authorities. Railway cybersecurity offers solutions and services to identify cyber-attacks and propose counter measurements through automated systems. Cybersecurity is a growing concern for the railway industry has led to significant growth of the global railway cybersecurity market in the forecast period.
Influencing Trend:
Rising Application of Big Data Analytics and Cloud Computing in Railways and Increasing Adoption of IoT and Automation Technologies
Market Growth Drivers:
Growing Cybersecurity Threats and Rising Security Requirement for the Devices Such as IP Cameras, Passenger Information Display, Passenger Announcement, and Automatic Doors
Challenges:
Lack of Cybersecurity Working Professionals for Proactive Strategic Planning
Restraints:
Rising Threat for Security of Generated Data
Opportunities:
Increasing Demand for Cloud-Based ServicesThe Railway Cybersecurity market study is being classified by Type (Infrastructural and On-board), by Application and major geographies with country level break-up.Analysts at AMA predicts that Players from European will contribute to the maximum growth of Global Railway Cybersecurity market throughout the predicted period.IBM (United States), Thales (France), Alstom (France), Siemens (Germany), Bombardier (Canada), Nokia Networks (Finland), Egis Group (France), Cylus Ltd (Israel), General Electric (Wabtec)(United States), Hitachi (Japan) and Cisco (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are United Technologies (Rockwell Collins), Huawei (China) and Cyient Limited (India).
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Segmentation Analysis
Analyst at AMA have segmented the market study of Global Railway Cybersecurity market by Type, Application and Region.On the basis of geography, the market of Railway Cybersecurity has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
On 6th June 2019, Cyient has announced a corporate venture investment in Cylus, a global leader in cybersecurity solutions for the rail industry. This investment is in line with the company’s focus on developing smarter and safer mobility solutions for the rail industry. It brings together Cyient’s leadership position in engineering solutions for rail and focuses on digitalization, with Cylus’ cybersecurity solutions developed specifically for the rail industry.On 13th November 2020, Egis and Cylus have announced that they are joining forces to form a Center of Excellence for advanced, rail-focused, cybersecurity services. The Center of Excellence will support rail companies around the world in building cyber resiliency and securing critical networks.
Key Target Audience
Railway Cybersecurity Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Railway Cybersecurity Market. Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships. Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Railway Cybersecurity industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs. To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.