IT SpendingRailways market

IT Spending in Railways Market - Global Outlook and Forecast 2022-2028

  • 24 January 2022
  • ICT & Media
  • 118 Pages
  • Report code : PMR-6798074

  • 4.7 (158)

IT SpendingRailways Market

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Railways all over the world progressively implements Information Technology for improvement in efficiency and for better management. Computerised Management Information System could help in planning, monitoring and decision making of all modern Railways.

IT SpendingRailways Market contains market size and forecasts of IT Spending in Railways in Global, including the following market information:

Global IT Spending in Railways Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global IT Spending in Railways market was valued at 11490 million in 2021 and is projected to reach US$ 20120 million by 2028, at a CAGR of 8.3% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Services Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of IT Spending in Railways include Accenture, ALTEN, Altran Technologies, IBM, SAP, ABB, Alcatel-Lucent, Alstom and Hitachi, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the IT Spending in Railways companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global IT Spending in Railways Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global IT Spending in Railways Market Segment Percentages, by Type, 2021 (%)

Services

Software

Hardware

Global IT Spending in Railways Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global IT Spending in Railways Market Segment Percentages, by Application, 2021 (%)

Facilities Management

Asset Management

Passenger Management

Others

Global IT Spending in Railways Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global IT Spending in Railways Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies IT Spending in Railways revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies IT Spending in Railways revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Accenture

ALTEN

Altran Technologies

IBM

SAP

ABB

Alcatel-Lucent

Alstom

Hitachi

Bombardier

Capgemini

CGI

Cisco Systems

DXC Technology

GE Transportation

Huawei Technologies

Indra Sistemas

Infosys

Siemens

TCS

Tech Mahindra

Wipro

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