Digital Railway - Global Strategic Business Report

Global Digital Railway Market to Reach $131.2 Billion by 2030

The global market for Digital Railway estimated at US$58.8 Billion in the year 2022, is projected to reach a revised size of US$131.2 Billion by 2030, growing at a CAGR of 10.6% over the analysis period 2022-2030. Solutions, one of the segments analyzed in the report, is projected to record 10.5% CAGR and reach US$80.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 10.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $17.2 Billion, While China is Forecast to Grow at 10% CAGR

The Digital Railway market in the U.S. is estimated at US$17.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$22.7 Billion by the year 2030 trailing a CAGR of 10% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.9% and 8.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.8% CAGR.

Select Competitors (Total 34 Featured) -

• ABB Group
• Alstom SA
• Atkins
• Bombardier Inc.
• Cisco Systems, Inc.
• DXC Technology
• Fujitsu Limited
• Hitachi, Ltd.
• Huawei Technologies Co., Ltd.
• IBM Corporation
• Indra
• Nokia Corporation
• Siemens AG
• Thales Group
• Toshiba Corporation

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year