The digital railway market is expected to reach 7% growth over the forecast period from 2020 to 2027. Advances in communication and passenger technology are driving the market growth. The major factors expected to drive the market growth are advances in communication technology and the surge in passenger numbers over the past few years.
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Digital Railway Market Segments:
By Offering
Solutions
• Remote Monitoring
• Route Optimization and Scheduling
• Analytics
• Network Management
• Predictive Maintenance
• Security
• Others
Services
• Professional Services
• Managed Services
By Application Type
• Rail Operations Management
• Rail Automation Management
• Rail Control
• Smart Ticketing
• Workforce Management
• Passenger Experience
• Asset Management
• Others
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