Smart railway systems are a set of new-generation solutions, services, and modern transportation offered by railways using information and communications technology (ICT). These systems are installed to improve safety, efficiency, and passenger experience in rail transport.
Our industry research analysts have estimated that countries in the EMEA will contribute to the maximum growth of this smart railways market throughout the predicted period.

Market Analysis and Insights: Global Smart Railways Market
The global Smart Railways market size is projected to reach US$ 23730 million by 2027, from US$ 13280 million in 2020, at a CAGR of 8.2% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Smart Railways market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Smart Railways market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Smart Railways market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Smart Railways market.

Global Smart Railways Scope and Market Size
Smart Railways market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Smart Railways market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Devices & Components
Services
Solutions

Segment by Application
Ordinary Railways
High-speed Railways

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
ABB Group
General Electric
Huawei Technologies
Hitachi
Cisco Systems
Siemens
IBM Corporation
Indra Sistemas
Alstom
Alcatel-Lucent
Bombardier
Ansaldo STS
Capgemini
Nokia