Report overview
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.
This report aims to provide a comprehensive presentation of the global market for IT Spending in Railways, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IT Spending in Railways. This report contains market size and forecasts of IT Spending in Railways in global, including the following market information:
Global IT Spending in Railways Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global IT Spending in Railways market was valued at US$ 11490 million in 2022 and is projected to reach US$ 20120 million by 2029, at a CAGR of 8.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global IT Spending in Railways market include Alcatel-Lucent, Hitachi, Bombardier, etc. The top 3 players occupy about 20% shares of the global market. Europe and Asia-Pacific are main markets, they occupy about 60% of the global market. Services is the main type, with a share about 50%. Facilities Management is the main application, which holds a share about 45%.
We 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, 2018-2023, 2024-2029 ($ millions)
Global IT Spending in Railways Market Segment Percentages, by Type, 2022 (%)
Services
Software
Hardware
Global IT Spending in Railways Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global IT Spending in Railways Market Segment Percentages, by Application, 2022 (%)
Facilities Management
Asset Management
Passenger Management
Others
Global IT Spending in Railways Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global IT Spending in Railways Market Segment Percentages, By Region and Country, 2022 (%)
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, 2018-2023 (estimated), ($ millions)
Key companies IT Spending in Railways revenues share in global market, 2022 (%)
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of IT Spending in Railways, market overview.
Chapter 2: Global IT Spending in Railways market size in revenue.
Chapter 3: Detailed analysis of IT Spending in Railways company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of IT Spending in Railways in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
