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.
Scope of the Report:
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%.
The global IT Spending in Railways market is valued at 9390 million USD in 2018 and is expected to reach 15000 million USD by the end of 2024, growing at a CAGR of 9.9% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of IT Spending in Railways.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the IT Spending in Railways market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the IT Spending in Railways market by product type and applications/end industries.
Market Segment by Companies, this report covers
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
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Services
Software
Hardware
Market Segment by Applications, can be divided into
Facilities Management
Asset Management
Passenger Management
Other
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 2019 by Company, Regions, Type and Application, Forecast to 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.