The Global Railway Cyber Security Market size is projected to grow at a CAGR of around 9.5% during the forecast period, i.e., 2022-27. According to MarkNtel Advisors Study.
Global Railway Cyber Security Market Driver:
Rapid digitalization of rail networks increasing attack surface and forcing investment in cybersecurity: The global railway industry’s fast shift to digital signalling, automated train control (ERTMS/CBTC), IoT-connected rolling stock and cloud-based passenger services is expanding the cyber-attack surface for operators and suppliers — and recent high-profile incidents show the consequences. Attacks that disrupted Ukrzaliznytsia’s online services and other rail IT outages, together with newly disclosed vulnerabilities in signalling/braking systems, have highlighted both direct risks to operations and the danger of indirect supply-chain compromises, prompting rail operators and regulators to prioritise cybersecurity spending. As a result, investments in threat detection (AI/ML), network segmentation, secure OT/IT integration and regulatory compliance are becoming core line-items in rail budgets, driving the railway cybersecurity market’s double-digit growth forecasts.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Railway Cyber Security Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2021
-Historical Period: 2017 to 2020
-Forecast Period: 2022 to 2027
- By Type
- Infrastructural
- On-board
- By Security
- Application Security
- Network Security
- Data Protection
- End Point Security and System Administration
- By Solutions and Services
- Services
- Designs
- Implementation
- Risk and Threat Assessment
- Support and Maintenance
- Solutions
- Risk and Compliance Management
- Encryption
- Firewall
- Antivirus/Anti-malware
- Intrusion Detection System/Intrusion Prevention System
- Others
- By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Alstom, Hitachi, Bombardier, Siemens, Cisco, Huawei, Thales, General Electric, Toshiba Digital Solutions Corporations, IBM, Others are looking forward to strengthening their market positions.
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