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.
Europe is the largest region of IT Spending in Railways in the world in the past few years and it will keep increasing in the next few years. Europe market took up about 34.23% the global market in 2018, while Asia-Pacific and North America were about 28.67%, 27.14%.
According to this study, over the next five years the IT Spending in Railways market will register a 9.9% CAGR in terms of revenue, the global market size will reach US$ 15000 million by 2024, from US$ 9390 million in 2019. In particular, this report presents the global revenue market share of key companies in IT Spending in Railways business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of IT Spending in Railways market by product type, application, key companies and key regions.
This study considers the IT Spending in Railways value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Services
Software
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Facilities Management
Asset Management
Passenger Management
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global IT Spending in Railways market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of IT Spending in Railways market by identifying its various subsegments.
Focuses on the key global IT Spending in Railways players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the IT Spending in Railways with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of IT Spending in Railways submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on IT Spending in Railways . Industry analysis & Market Report on IT Spending in Railways is a syndicated market report, published as Global IT Spending in Railways Market Growth (Status and Outlook) 2019-2024. It is complete Research Study and Industry Analysis of IT Spending in Railways market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.