Railway Cybersecurity Market Report: Trends, Forecast and Competitive Analysis to 2030

Railway Cybersecurity Market Report: Trends, Forecast and Competitive Analysis to 2030

Railway Cybersecurity Trends and Forecast

The future of the global railway cybersecurity market looks promising with opportunities in the passenger train and freight train markets. The global railway cybersecurity market is expected to reach an estimated $10.7 billion by 2030 with a CAGR of 9.1% from 2024 to 2030. The major drivers for this market are significantly growing digitalization and interconnectedness, rising cyberattacks and threats, increasing demand for passenger and freight capacity, and surge in number of railway projects globally.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Railway Cybersecurity by Segment

The study includes a forecast for the global railway cybersecurity by type, security type, offering, application, and region.

Railway Cybersecurity Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Infrastructure
• On-Board

Railway Cybersecurity Market by Security Type [Shipment Analysis by Value from 2018 to 2030]:

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

Railway Cybersecurity Market by Offering [Shipment Analysis by Value from 2018 to 2030]:

• Solution
• Service

Railway Cybersecurity Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Passenger Trains
• Freight Trains
• Others

Railway Cybersecurity Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Railway Cybersecurity Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies railway cybersecurity companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the railway cybersecurity companies profiled in this report include-

• Thales
• Siemens
• Alstom
• Wabtec
• Nokia Networks

Railway Cybersecurity Market Insights

Lucintel forecasts that infrastructure is expected to witness the higher growth over the forecast period due to increased investments in smart railway technologies.

Within this market, passenger train will remain the larger segment due to increasing government's initiative for the security of passengers.

APAC is expected to witness highest growth over the forecast period due to rising population, growing penetration of advanced technologies, and increasing investments in railway infrastructure.

Features of the Global Railway Cybersecurity Market

Market Size Estimates: Railway cybersecurity market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Railway cybersecurity market size by various segments, such as by type, security type, offering, application, and region in terms of value ($B).

Regional Analysis: Railway cybersecurity market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, security types, offerings, applications, and regions for the railway cybersecurity market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the railway cybersecurity market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the railway cybersecurity market size?

Answer: The global railway cybersecurity market is expected to reach an estimated $10.7 billion by 2030.

Q2. What is the growth forecast for railway cybersecurity market?

Answer: The global railway cybersecurity market is expected to grow with a CAGR of 9.1% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the railway cybersecurity market?

Answer: The major drivers for this market are significantly growing digitalization and interconnectedness, rising cyberattacks and threats, increasing demand for passenger and freight capacity, and surge in number of railway projects globally.

Q4. What are the major segments for railway cybersecurity market?

Answer: The future of the railway cybersecurity market looks promising with opportunities in the passenger train and freight train markets.

Q5. Who are the key railway cybersecurity market companies?

Answer: Some of the key railway cybersecurity companies are as follows:

• Thales
• Siemens
• Alstom
• Wabtec
• Nokia Networks

Q6. Which railway cybersecurity market segment will be the largest in future?

Answer: Lucintel forecasts that infrastructure is expected to witness the higher growth over the forecast period due to increased investments in smart railway technologies.

Q7. In railway cybersecurity market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to rising population, growing penetration of advanced technologies, and increasing investments in railway infrastructure.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the railway cybersecurity market by type (infrastructure and on-board), security type (application security, network security, data protection, endpoint security, and system administration), offering (solution and service), application (passenger trains, freight trains, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?