Dublin, Feb. 22, 2022 (GLOBE NEWSWIRE) -- The "Global Railway Cybersecurity Market (2021-2026) by Type, Components, Security Type, Application, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Railway Cybersecurity Market is estimated to be USD 6.94 Bn in 2021 and is expected to reach USD 11.03 Bn by 2026, growing at a CAGR of 9.7%.
Market Dynamics
Increasing the threats of cybercrime is creating the need for cybersecurity in railway and, therefore, driving the market's growth. Railways are also adopting IoT and automation technologies to ensure cybersecurity which is booming the market. New insurance policies will cover new areas such as extortion through ransomware, loss of customer data, and system breakdown emergencies, which will ultimately contribute to the market's growth. Increasing demand for cloud-based services is the future opportunity in this market.
However, the slow pace of cybersecurity advancements in developing economies is hampering the market's growth. The two major challenges the Global Railway Cybersecurity Market faces are securing the system-generated data and the shortage of cybersecurity expertise for proactive strategic planning.
The Global Railway Cybersecurity Market is segmented based on Type, Components, Security Type, Application, and Geography.
Company Profiles
Some of the companies covered in this report are Thales Group, Alstom, Siemens, Nokia Networks, Hitachi, IBM,, Cisco, Huawei, Toshiba, Tech Mahindra, Capgemini, etc.
Countries Studied
- America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Railway Cybersecurity Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using IGR Positioning Quadrants, Infogence's Proprietary competitive positioning tool.
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Influencers
4.1 Drivers
4.1.1 Increasing Cybersecurity Threats
4.1.2 Government initiatives for Smart Cities and Digital Transportation
4.1.3 Adoption of IoT and Automation Technologies
4.2 Restraints
4.2.1 High Cost
4.2.2 Slow Pace of Cybersecurity Advancements in Developing Economies
4.3 Opportunities
4.3.1 Big Data Analytics and Cloud Computing in Railways
4.3.2 Development on Connected Trains and Autonomous Train
4.4 Challenges
4.4.1 Data Privacy and Security Concerns
4.4.2 Shortage of Cybersecurity Expertise for Proactive Strategic Planning
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Railway Cybersecurity Market, By Type
6.1 Introduction
6.2 Infrastructural
6.3 On-Board
7 Global Railway Cybersecurity Market, By Components
7.1 Introduction
7.2 Solutions
7.2.1 Risk and Compliance Management
7.2.2 Encryption
7.2.3 Firewall
7.2.4 Antivirus/Antimalware
7.2.5 Intrusion Detection System/Intrusion Prevention System
7.3 Services
7.3.1 Design and Implementation
7.3.2 Risk and Threat Assessment
7.3.3 Support and Maintenance
7.3.4 Others
8 Global Railway Cybersecurity Market, By Security Type
8.1 Introduction
8.2 Application Security
8.3 Network Security
8.4 Data Protection
8.5 End Point Security
8.6 System Administration
9 Global Railway Cybersecurity Market, By Application
9.1 Introduction
9.2 Passenger Trains
9.3 Freight Trains
10 Global Railway Cybersecurity Market, By Geography
11 Competitive Landscape
11.1 Competitive Quadrant
11.2 Market Share Analysis
11.3 Strategic Initiatives
11.3.1 M&A and Investments
11.3.2 Partnerships and Collaborations
11.3.3 Product Developments and Improvements
12 Company Profiles
12.1 ABB
12.2 Alstom
12.3 BAE Systems
12.4 Barbara
12.5 Bombardier
12.6 Capgemini
12.7 Cervello
12.8 Cisco
12.9 Cylus
12.10 ENSCO
12.11 General Electric
12.12 Hitachi
12.13 Huawei
12.14 IBM
12.15 Nokia Networks
12.16 Shift5
12.17 Siemens
12.18 Tech Mahindra
12.19 Thales Group
12.20 Toshiba
12.21 TUV Rheinland
12.22 Wabtec
13 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/7mgha0
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