Railway Cybersecurity Market - Global Forecast to 2027
                     MarketsandMarkets 
Presents
Railway Cybersecurity Market - 
Global Forecast to 2027
https://www.marketsandmarkets.com/Market-Reports/railway-cybers
ecurity-market-128598673.html
 
Railway Cybersecurity Market is estimated to be $6.2 billion in 2021 and is projected to grow at 
a CAGR of 9.4% during the forecast period, to reach $10.6 billion by 2027. 
Increase in user preference for public transportation and growing demand for smart 
transportation and internet of things (IoT) will propel the railway cybersecurity market.
Opportunity: Increasing demand for cloud-based services
The demand for cloud-based services, analytics, and mobile internet technologies is increasing 
due to their efficient IT management and reliable security environment. With the rapid increase 
in big data applications, the level of complexity is also expected to increase, given the sprouting 
data pool, emerging technologies, and constant need to optimize cost. These factors are 
expected to influence the growth of new analytics platforms and data storage.
The signaling system has been considered to operate on a closed network for safety. Currently, 
these systems are becoming more centralized and integrated and have become IT-based using 
regular computer and COTS (commercial off-the-shelf) components and thereby becoming 
vulnerable to cyberthreats. Thus, it becomes necessary to deploy cloud-based services in 
railways. Cloud computing uses the collected data and distributes data to one or more computer 
systems associated with performing different functions. Thus, minimizing the risk of a 
cyberattack on critical and non-critical data would further fuel the growth of the railway 
cybersecurity market.
The key players considered in the analysis of the Railway Cybersecurity Market are Thales Group 
(France), Siemens AG (Germany), Alstom (France), Wabtec (US), and Nokia Networks (Finland).
Download PDF Brochure @ 
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=128598673 
The on-board solution is estimated to hold the larger market share 
by type during the forecast period
The on-board railway cybersecurity is projected to grow at a higher CAGR 
during the forecast period for the Railway Cybersecurity Market, by type. The 
number of rapid railways primarily equipped with advanced on-board 
systems for safety and convenience is on the rise. These advanced features 
include an infotainment system, automatic doors, and IP cameras. The 
number of advanced components in on-board railway systems will increase 
because of the demand for convenience and safety. This will boost the 
market for railway cybersecurity providers and vendors across the globe as 
automatic doors and IP cameras are vulnerable to cyberattacks.
Data Protection segment is estimated to be the largest segment by 
security type during the forecast period
Data protection focuses on securing critical databases, including data, applications, database 
servers, and systems. Data protection applications are aimed at maintaining confidentiality, 
integrity, and availability of data. These solutions protect databases from unauthorized access, 
malware infections, and other threats and vulnerabilities. In May 2020, the IT networks of the 
Swiss manufacturer of railway rolling stock, Stadler, was targeted in a malware attack to steal 
information. This data leak could mean the theft of sensitive data from customers or employees. 
In January 2019, the official online booking platform of the China Railways (CR) suffered a 
massive data breach. Cybercriminals stole the personal information of nearly five million people, 
which included names, ID numbers, and passwords. These incidents are driving the growth of 
data protection solutions to prevent a data breach. 
Request FREE Sample Report @ 
https://www.marketsandmarkets.com/requestsampleNew.asp?id=128598673 
The Asia Pacific is projected to be the fastest growing in the Railway Cybersecurity Market
The Asia Pacific is projected to be the fastest-growing Railway Cybersecurity Market due to the 
increasing penetration of advanced technologies, increasing GDPs of countries, steady growth, 
and emerging economies. The APAC region covers some of the potential markets, namely, China, 
India, Japan, and Rest of Asia Pacific. China is expected to lead the market followed by India, 
Japan, and Rest of Asia Pacific in terms of share and growth rate among all countries during the 
forecast period.
The APAC region is expected to offer significant growth opportunities due to its untapped 
market strength. Increasing awareness about driver safety and accident prevention, presence of 
leading OEM players, growing freight transportation and logistics industries, the advent of the 
4G LTE technology, and the adoption of smart railcars in North America and Europe due to the 
availability of embedded OEM cybersecurity solutions are leading to market growth. The 
logistics sectors in India and China are on the cusp of disruption. Robust economic growth and 
technology improvements have led to significant developments. Despite significant country-
specific trends and nuances, the underlying themes of economic growth, digital disruption and 
changing customer preferences prevail. These powerful themes are expected to shape the 
future of the logistics industry over the next few years. Based on reliable on-line cybersecurity 
data, dispatchers will be able to inform their customers about changes in transport schedules 
earlier than is possible presently, increasing reliability and satisfying stakeholders, thus driving 
growth.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
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 5000 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, "RT" 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.  
Contact Us
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected] 
MarketsandMarkets Blog
http://www.marketsandmarkets.com
http://twitter.com/marketsmarkets
http://www.linkedin.com/company/marketsandmarkets