About Railway Cybersecurity
Cybersecurity is the process of protecting software, data, and other important files from cyber-attacks. The railway industry contains a huge amount of sensitive data regarding passengers, their bank details, location, and many others. The significant spike of digital transformation and adoption of advanced technologies like automation and the internet of things in the railway sector is significantly posing the demand for railway cybersecurity. The railway cybersecurity is utilized to protect infrastructure and resources from ransomware, malicious threats, malware, and others. Railway cybersecurity facilitates IT services and solutions to identify potential cyber-attacks and propose measures to combat them through automated systems. Railway cybersecurity is used to protect infrastructure, malware, digital resources, and data from cyber-attacks, ransomware, and others. Railway cybersecurity is necessary to secure infrastructure and organizational data from malicious threats. Additionally, the railway focus on the level of threat, and their vulnerabilities are defined by the authorities. Railway cybersecurity offers solutions and services to identify cyber-attacks and propose counter measurements through automated systems. Cybersecurity is a growing concern for the railway industry has led to significant growth of the global railway cybersecurity market in the forecast period.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
The Shared Service Center market is characterized with the presence of both large and small players. To sustain the competition, vendors must differentiate their offerings through a clear and unique value proposition. Some vendors are focusing on partnering with other players or acquiring a regional brand to increase their share of the market. Analyst at AMA Research estimates that European Players will contribute the maximum growth to Global Railway Cybersecurity market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM (United States), Thales (France), Alstom (France), Siemens (Germany), Bombardier (Canada), Nokia Networks (Finland), Egis Group (France), Cylus Ltd (Israel), General Electric (Wabtec)(United States), Hitachi (Japan) and Cisco (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are United Technologies (Rockwell Collins), Huawei (China) and Cyient Limited (India).
Segmentation Overview
AMA Research has segmented the market of Global Railway Cybersecurity market by Type (Infrastructural and On-board) and Region.
On the basis of geography, the market of Railway Cybersecurity has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Services, the sub-segment i.e. Design and Implementation will boost the Railway Cybersecurity market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Solutions, the sub-segment i.e. Risk and Compliance Management will boost the Railway Cybersecurity market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Security Type, the sub-segment i.e. Network Security will boost the Railway Cybersecurity market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Application of Big Data Analytics and Cloud Computing in Railways and Increasing Adoption of IoT and Automation Technologies
Market Growth Drivers:
Growing Cybersecurity Threats and Rising Security Requirement for the Devices Such as IP Cameras, Passenger Information Display, Passenger Announcement, and Automatic Doors
Challenges:
Lack of Cybersecurity Working Professionals for Proactive Strategic Planning
Restraints:
Rising Threat for Security of Generated Data
Opportunities:
Increasing Demand for Cloud-Based Services
Market Leaders and their expansionary development strategies
In May 2024, Digi International partnered with cybersecurity firm Cylus to integrate the CylusOne solution into Digi's TX64 5G Rail cellular router. This integration aims to enhance cyber protection for rail networks by combining high-speed connectivity with specialized cybersecurity measures in a single device.
In November 2204, The TSA proposed new cybersecurity regulations for pipeline and railroad operators, mandating incident reporting within 24 hours and annual cybersecurity evaluations. These measures aim to enhance the security of critical infrastructure in response to increasing cyber threats.
Key Target Audience
Railway Cybersecurity Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.