Analysis By Component (Solution and Services), Type (Infrastructural and On-Board), Security Type (Network Security, Application Security, Data Protection, End Point Security, and others), and Country
No. of Pages:140
Report Code:
TIPRE00012220
Category:
Technology, Media and Telecommunications
Most digital transformation applications in railways are based on IP technologies and some of the common areas where digitizationis being applied in railways include train control, maintenance monitoring, signaling control, passenger information systems, and video protection. Along with its numerous benefits, digital transformation is also increasing the vulnerability of railways to various kinds of cyber-attacks. A huge IP traffic flows through the communications networks on a daily basis and such networks are targeted by cyber criminals to attack the railway infrastructure. Hence, the demand for robust cyber security solutions and services is growing at an unprecedented rate to safeguard critical railways infrastructure from cyber threats.
Market Overview and Dynamics
The railway cyber security market in North America is expected to grow from US$ 1,281.5 million in 2019 to US$ 2,205.2 million by 2027; it is estimated to grow at a CAGR of 7.2% from 2020 to 2027.The number and complexities of cyberattacks is growing which is driving the growth of railway cyber security across the region.However, the lack of skilled workforce is a hindering factor to the growth of the railway cyber security market. Further, the demand for cloud integration is growing, which is creating business opportunities for companies operating in the market to achieve a significant share of railway cyber security market.
Key Market Segments
In terms of type, theinfrastructuralsegment accounted for the larger share of the North America railway cyber security marketin 2019. In terms of component, the solution segment held a larger market share of therailway cyber security marketin 2019. Further, in terms of security, the network securitysegment held a larger share of the market in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the railway cyber security marketin North Americaare company websites, annual reports, financial reports, national government documents, statistical database, and among others. Capgemini SE, Cisco Systems, Inc., Collins Aerospace, Hitachi, Ltd., Huawei Technologies Co., Ltd., IBM Corporation, Nokia Corporation, Siemens AG, and Thales Group are some of the major companies listed in the report.
Reasons to buy report
To understand the North America railway cyber security marketlandscape and identifymarket segments that are most likely to guarantee a strong return
Stay ahead of the race by comprehending the ever-changing competitive landscape for North America railway cyber security market
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Obtain market revenue forecast for market by various segments from 2020 to 2027 inNorth Americaregion
NORTH AMERICA RAILWAY CYBER SECURITY MARKET SEGMENTATION
North America Railway Cyber Security Market,by Solution
Solutions
Services
North America Railway Cyber Security Market,by Type
Infrastructural
On-Board
North America Railway Cyber Security Market,by Security Type
Network Security
Application Security
Data Protection
End Point Security
Others
North America Railway Cyber Security Market,by Country
US
Canada
Mexico
North America Railway Cyber Security Market-Companies Mentioned
Capgemini SE
Cisco Systems, Inc.
Collins Aerospace
Hitachi, Ltd.
Huawei Technologies Co., Ltd.
IBM Corporation
Nokia Corporation
Siemens AG
Thales Group
North America Railway Cyber Security Market Strategic Insights
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North America Railway Cyber Security Market Segmentation Analysis
North America Railway Cyber Security Market Report Highlights
North America Railway Cyber Security Report Scope
Report Attribute
Details
Market size in 2019
US$ 1,281.5 Million
Market Size by 2027
US$ 2,205.2 Million
CAGR (2020 - 2027)
7.2%
Historical Data
2017-2018
Forecast period
2020-2027
Segments Covered
By Component
Solution
Services
By Type
Infrastructural
On-Board
By Security Type
Network Security
Application Security
Data Protection
End Point Security
Regions and Countries Covered
North America
US, Canada, Mexico
Market leaders and key company profiles
Capgemini SE
Cisco Systems, Inc.
Collins Aerospace
Hitachi, Ltd.
Huawei Technologies Co., Ltd.
IBM Corporation
Nokia Corporation
Siemens AG
Thales Group
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North America Railway Cyber Security Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
How big is the North America Railway Cyber Security Market?
The North America Railway Cyber Security Market is valued at US$ 1,281.5 Million in 2019, it is projected to reach US$ 2,205.2 Million by 2027.
What is the CAGR for North America Railway Cyber Security Market by (2020 - 2027)?
As per our report North America Railway Cyber Security Market, the market size is valued at US$ 1,281.5 Million in 2019, projecting it to reach US$ 2,205.2 Million by 2027. This translates to a CAGR of approximately 7.2% during the forecast period.
What segments are covered in this report?
The North America Railway Cyber Security Market report typically cover these key segments-
Component (Solution, Services)
Type (Infrastructural, On-Board)
Security Type (Network Security, Application Security, Data Protection, End Point Security)
What is the historic period, base year, and forecast period taken for North America Railway Cyber Security Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Railway Cyber Security Market report:
Historic Period : 2017-2018
Base Year : 2019
Forecast Period : 2020-2027
Who are the major players in North America Railway Cyber Security Market?
The North America Railway Cyber Security Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Capgemini SE
Cisco Systems, Inc.
Collins Aerospace
Hitachi, Ltd.
Huawei Technologies Co., Ltd.
IBM Corporation
Nokia Corporation
Siemens AG
Thales Group
Who should buy this report?
The North America Railway Cyber Security Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the North America Railway Cyber Security Market value chain can benefit from the information contained in a comprehensive market report.
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