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Railway Management System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

January 2023 | 143 pages | ID: R7723D97C4A0EN
IMARC Group

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The global railway management system market size reached US$ 50.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 97.9 Billion by 2028, exhibiting a growth rate (CAGR) of 11% during 2023-2028.

A railway management system involves various tools that are designed for performing, supporting, and managing different operations effectively across the railway industry. It necessitates continuous freight operations, such as rail planning and traffic, assets, infrastructure management, operation control, station communication, and maintenance schedules. These solutions assist in overseeing booking details, checking the availability of trains based on sources and destinations, tracking speed, analyzing data, handling cargo, and managing staff and passenger information. Apart from this, railway management systems employ advanced digital communication and disaster management systems, which further help in delivering enhanced consumer satisfaction, while ensuring optimum security and safety. At present, it is commercially categorized based on its varying deployment models, such as on-premises and cloud.

Railway Management System Market Trends:
The widespread adoption of railway management systems can be attributed to the increasing need to optimize transportation management, reduce operational costs, ensure the safety of passengers, and improve revenue. This, along with rapid urbanization, growing working population, and the increasing need for convenient transportation, particularly in developing regions, are currently driving the market growth across the globe. In line with this, the increasing incorporation of on-train processing systems and advanced digital communications, such as railway management systems, have enabled the availability of high-speed internet connectivity and offered enhanced comfort to consumers, which is contributing to the market growth. Additionally, government bodies of various countries are consistently upgrading existing railway infrastructure through the integration of big data analytics, intelligent sensors, and the Internet of Things (IoT), which is acting as another major growth-inducing factor. These technologies further assists in minimizing deployment time, reducing bottlenecks, enhancing services, and facilitating efficient workflow. Apart from this, the increasing incorporation of disaster management in railway systems and the rapid establishment of smart cities across the globe are further creating a positive outlook for the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global railway management system market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, deployment mode and organization size.

Breakup by Component:

Solutions
Rail Asset Management System
Rail Traffic Management System
Rail Operation Management System
Rail Control System
Rail Maintenance Management System
Passenger Information System
Rail Security
Services
Training and Consulting
System Integration and Deployment
Support and Maintenance
Managed Service
Professional Service

Breakup by Deployment Mode:

On-premises
Cloud-based

Breakup by Organization Size:

Small and Medium-sized Enterprises
Large Enterprises

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Alstom SA, Capgemini SE, Cisco Systems Inc., General Electric Company, Hitachi Ltd., Huawei Technologies Co. Ltd., Indra Sistemas S.A., International Business Machines Corporation, Nokia Corporation, Siemens AG and Thales Group.

Key Questions Answered in This Report:
How has the global railway management system market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global railway management system market?
What are the key regional markets?
What is the breakup of the market based on the component?
What is the breakup of the market based on the deployment mode?
What is the breakup of the market based on the organization size?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global railway management system market and who are the key players?
What is the degree of competition in the industry?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL RAILWAY MANAGEMENT SYSTEM MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY COMPONENT

6.1 Solutions
  6.1.1 Market Trends
  6.1.2 Key Segments
    6.1.2.1 Rail Asset Management System
    6.1.2.2 Rail Traffic Management System
    6.1.2.3 Rail Operation Management System
    6.1.2.4 Rail Control System
    6.1.2.5 Rail Maintenance Management System
    6.1.2.6 Passenger Information System
    6.1.2.7 Rail Security
  6.1.3 Market Forecast
6.2 Services
  6.2.1 Market Trends
  6.2.2 Key Segments
    6.2.2.1 Training and Consulting
    6.2.2.2 System Integration and Deployment
    6.2.2.3 Support and Maintenance
    6.2.2.4 Managed Service
    6.2.2.5 Professional Service
  6.2.3 Market Forecast

7 MARKET BREAKUP BY DEPLOYMENT MODE

7.1 On-premises
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Cloud-based
  7.2.1 Market Trends
  7.2.2 Market Forecast

8 MARKET BREAKUP BY ORGANIZATION SIZE

8.1 Small and Medium-sized Enterprises
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Large Enterprises
  8.2.1 Market Trends
  8.2.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1 North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2 Asia-Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3 Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4 Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5 Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 SWOT ANALYSIS

10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 VALUE CHAIN ANALYSIS

12 PORTERS FIVE FORCES ANALYSIS

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 PRICE ANALYSIS

14 COMPETITIVE LANDSCAPE

14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
  14.3.1 ABB Ltd.
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
    14.3.1.3 Financials
    14.3.1.4 SWOT Analysis
  14.3.2 Alstom SA
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
    14.3.2.3 Financials
    14.3.2.4 SWOT Analysis
  14.3.3 Capgemini SE
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
    14.3.3.3 Financials
    14.3.3.4 SWOT Analysis
  14.3.4 Cisco Systems Inc.
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
    14.3.4.3 Financials
    14.3.4.4 SWOT Analysis
  14.3.5 General Electric Company
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
    14.3.5.3 Financials
    14.3.5.4 SWOT Analysis
  14.3.6 Hitachi Ltd.
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
    14.3.6.3 Financials
    14.3.6.4 SWOT Analysis
  14.3.7 Huawei Technologies Co. Ltd.
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
    14.3.7.3 SWOT Analysis
  14.3.8 Indra Sistemas S.A.
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio
    14.3.8.3 Financials
    14.3.8.4 SWOT Analysis
  14.3.9 International Business Machines Corporation
    14.3.9.1 Company Overview
    14.3.9.2 Product Portfolio
    14.3.9.3 Financials
  14.3.10 Nokia Corporation
    14.3.10.1 Company Overview
    14.3.10.2 Product Portfolio
    14.3.10.3 Financials
    14.3.10.4 SWOT Analysis
  14.3.11 Siemens AG
    14.3.11.1 Company Overview
    14.3.11.2 Product Portfolio
    14.3.11.3 Financials
    14.3.11.4 SWOT Analysis
  14.3.12 Thales Group
    14.3.12.1 Company Overview
    14.3.12.2 Product Portfolio
    14.3.12.3 Financials
    14.3.12.4 SWOT Analysis

LIST OF TABLES

Table 1: Global: Railway Management System Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Railway Management System Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 3: Global: Railway Management System Market Forecast: Breakup by Deployment Mode (in Million US$), 2023-2028
Table 4: Global: Railway Management System Market Forecast: Breakup by Organization Size (in Million US$), 2023-2028
Table 5: Global: Railway Management System Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Railway Management System Market: Competitive Structure
Table 7: Global: Railway Management System Market: Key Players

LIST OF FIGURES

Figure 1: Global: Railway Management System Market: Major Drivers and Challenges
Figure 2: Global: Railway Management System Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Railway Management System Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Railway Management System Market: Breakup by Component (in %), 2022
Figure 5: Global: Railway Management System Market: Breakup by Deployment Mode (in %), 2022
Figure 6: Global: Railway Management System Market: Breakup by Organization Size (in %), 2022
Figure 7: Global: Railway Management System Market: Breakup by Region (in %), 2022
Figure 8: Global: Railway Management System (Solutions) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Railway Management System (Solutions) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Railway Management System (Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Railway Management System (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Railway Management System (On-premises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Railway Management System (On-premises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Railway Management System (Cloud-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Railway Management System (Cloud-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Railway Management System (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Railway Management System (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Railway Management System (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Railway Management System (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: North America: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: North America: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: United States: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: United States: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Canada: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Canada: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Asia-Pacific: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Asia-Pacific: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: China: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: China: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Japan: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Japan: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: India: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: India: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: South Korea: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: South Korea: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Australia: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Australia: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Indonesia: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Indonesia: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Others: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Others: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Europe: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Europe: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Germany: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Germany: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: France: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: France: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: United Kingdom: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: United Kingdom: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Italy: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Italy: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Spain: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Spain: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Russia: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Russia: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Others: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Others: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Latin America: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Latin America: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Brazil: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Brazil: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Mexico: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Mexico: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Others: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Others: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Middle East and Africa: Railway Management System Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Middle East and Africa: Railway Management System Market: Breakup by Country (in %), 2022
Figure 68: Middle East and Africa: Railway Management System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Global: Railway Management System Industry: SWOT Analysis
Figure 70: Global: Railway Management System Industry: Value Chain Analysis
Figure 71: Global: Railway Management System Industry: Porter's Five Forces Analysis


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