Railway Cybersecurity Market
Global Railway Cybersecurity Market Size, Share & Trends Analysis Report by Security Type (Application Security, Network Security, Data Protection, Endpoint Security, and System Administration), by Type (Infrastructure, and On-board), by Application (Passenger Trains, and Freight Trains), and by Rail Type (Conventional Passenger Trains, Urban Transit, and High-Speed Rail) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
The global railway cybersecurity market is anticipated to grow at a significant CAGR of 9.7% during the forecast period. The factor that drives the global railway cybersecurity market during the forecast period due to the growing number of railway cyber-attacks and data leakages across the globe. For instance, in March 2022, Italy’s national railway company Ferrovie Dello Stato Italiane (FS) was hit by a cyber attack. As a result of this, the trains were halted for a whole day as the IT systems of Italianrail infrastructure were hacked. Automated and sophisticated cyberattacks are becoming more frequent as technology advances, thus railway operators are increasingly adopting cybersecurity solutions and services to combat them.
Impact of COVID-19 Pandemic on Global Railway Cybersecurity Market
The COVID-19 pandemic has harmed global railway cybersecurity market growth, as several railway component manufacturers and solution providers have announced discontinuing their production and service due to a decrease in demand-supply chain bottlenecks. For instance, in November 2021, Harsco Corp. reported third-quarter results for FY2021. Further, through the report, the company announced exploring strategic alternatives for the rail business in the first half of 2022, to sell the business. The requirement for mass transit and rolling stock will diminish, further impacting the delay in deploying cyber security projects on the rail.
Segmental Outlook
The global railway cybersecurity market is segmented based on the security type, type, application, and rail type. Based on the security type, the market is segmented into application security, network security, data protection, endpoint security, and system administration. Based on the type, the market is sub-segmented into the infrastructure and on-board. Based on the application, the market is sub-segmented into passenger trains, and freight trains. Based on the rail type, the market is sub-segmented into conventional passenger trains, urban transit, and high-speed rail. The above-mentioned segments can be customized as per the requirements. Among the security type, the data protection security segment is expected to cater to a significant share in the global railway cybersecurity market during the forecast period due to a growth in the demand for data protection security in railways. The railway sector focuses on encrypted technologies to secure passenger data from cyber-attacks.
Global Railway Cybersecurity Market Share by Application, 2021 (%)
The Passenger Train Segment is Anticipated to Hold the Prominent Share in the Global Railway Cybersecurity Market
The passenger trains segment is expected to hold a prominent share in the global railway cybersecurity market during the forecast period. The security of the passenger rail network is more complicated than the freight segment as there is an open infrastructure, multiple access points, and a huge user base. Currently, cities such as London and New York have been prone to passenger railway cyberattacks, and this features the importance of railway cybersecurity. Governments around the globe are motivating cybersecurity solutions for their passenger and freight railways, which in turn is anticipated to offer considerable segmental growth. For instance, in April 2020, the US Government Accountability Office published a report containing the assessment of passenger railway cyberattacks in the US and European countries. It has also passed several guidelines to control them.
Regional Outlooks
The global railway cybersecurity market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. The North American region is expected to be the fastest-growing during the forecast period due to the presence of various key players in this region.
Global Railway Cybersecurity Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to Hold the Prominent Share in the Global Railway Cybersecurity Market
The Asia-Pacific region is expected to hold a prominent share in the global railway cybersecurity market during the forecast period due to the ongoing projects related to urban transit and high-speed rail in India. For instance, in May 2021, the European Investment Bank (EIB) signed a finance contract worth $182 million with the Indian government for the Pune Metro Rail project’s second portion in Maharashtra through a virtual signing ceremony. This project is anticipated to offer urban mobility to a large population, including the working class. Thus, the rising development of urban transit across the region is expected to propel the demand for railway cybersecurity.
Market Players Outlook
The major companies serving the global railway cybersecurity market include Siemens AG, THALES group, Alstom, Wabtec Corp., Nokia Corp., Bombardier Inc., Cervello Ltd., Cisco Systems, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in November 2021, Siemens Mobility collaborated with RazorSecure to deliver improved rail cybersecurity monitoring solutions to rolling stock operators globally. As a result, both companies aim to merge their expertise to protect complex transportation systems. RazorSecure is a rail cyber security expert that constantly analyses the behavior of individual systems and traffic throughout the whole network in real-time.
The Report Covers
- Market value data analysis of 2021and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global railway cybersecurity market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Railway Cybersecurity Market
• Recovery Scenario of Global Railway Cybersecurity Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Alstom
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Nokia Corp.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Siemens AG
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. THALES group
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.5.5. Overview
3.5.6. Financial Analysis
3.5.7. SWOT Analysis
3.5.8. Recent Developments
3.6. Wabtec Corp.
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
3.8. Impact of COVID-19 on Key Players
4. Market Segmentation
4.1. Global Railway Cybersecurity Market by Security Type
4.1.1. Application Security
4.1.2. Network Security
4.1.3. Data Protection
4.1.4. Endpoint Security
4.1.5. System Administration
4.2. Global Railway Cybersecurity Market by Type
4.2.1. Infrastructure
4.2.2. On-board
4.3. Global Railway Cybersecurity Market by Application
4.3.1. Passenger Trains
4.3.2. Freight Trains
4.4. Global Railway Cybersecurity Market by Rail Type
4.4.1. Conventional Passenger Trains
4.4.2. Urban Transit
4.4.3. High-Speed Rail
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Bombardier Inc.
6.2. Cervello Ltd.
6.3. Cisco Systems, Inc.
6.4. CRITIFENCE Technologies Ltd.
6.5. Cylus Ltd.
6.6. Expandium
6.7. General Electric Co.
6.8. Hitachi Ltd.
6.9. Huawei Technologies Co., Ltd.
6.10. IBM Corp.
6.11. Indian Cyber Security Solutions
6.12. Irdeto B.V.
6.13. Raytheon Technologies Corp.
6.14. Shift5, Inc.
6.15. Toshiba Corp.
1. GLOBAL RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY SECURITY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL APPLICATION SECURITY FOR RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL NETWORK SECURITY FOR RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL DATA PROTECTION FOR RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL ENDPOINT SECURITY FOR RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL SYSTEM ADMINISTRATION FOR RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
8. GLOBAL INFRASTRUCTURE RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL ON-BOARD RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
11. GLOBAL RAILWAY CYBERSECURITY FOR PASSENGER TRAINS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL RAILWAY CYBERSECURITY FOR FREIGHT TRAINS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY RAIL TYPE, 2021-2028 ($ MILLION)
14. GLOBAL RAILWAY CYBERSECURITY IN CONVENTIONAL PASSENGER TRAINS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL RAILWAY CYBERSECURITY IN URBAN TRANSIT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL RAILWAY CYBERSECURITY IN HIGH-SPEED RAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
18. NORTH AMERICAN RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
19. NORTH AMERICAN RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY SECURITY TYPE, 2021-2028 ($ MILLION)
20. NORTH AMERICAN RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
21. NORTH AMERICAN RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY RAIL TYPE, 2021-2028 ($ MILLION)
22. NORTH AMERICAN RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
23. EUROPEAN RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
24. EUROPEAN RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY SECURITY TYPE, 2021-2028 ($ MILLION)
25. EUROPEAN RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
26. EUROPEAN RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY RAIL TYPE, 2021-2028 ($ MILLION)
27. EUROPEAN RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
29. ASIA-PACIFIC RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY SECURITY TYPE, 2021-2028 ($ MILLION)
30. ASIA-PACIFIC RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
31. ASIA-PACIFIC RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY RAIL TYPE, 2021-2028 ($ MILLION)
32. ASIA-PACIFIC RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
33. REST OF THE WORLD RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
34. REST OF THE WORLD RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY SECURITY TYPE, 2021-2028 ($ MILLION)
35. REST OF THE WORLD RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
36. REST OF THE WORLD RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY RAIL TYPE, 2021-2028 ($ MILLION)
37. REST OF THE WORLD RAILWAY CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL RAILWAY CYBERSECURITY MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL RAILWAY CYBERSECURITY MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL RAILWAY CYBERSECURITY MARKET, 2022-2028 (%)
4. GLOBAL RAILWAY CYBERSECURITY MARKET SHARE BY SECURITY TYPE, 2021 VS 2028 (%)
5. GLOBAL APPLICATION SECURITY FOR RAILWAY CYBERSECURITY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL NETWORK SECURITY FOR RAILWAY CYBERSECURITY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL DATA PROTECTION FOR RAILWAY CYBERSECURITY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL ENDPOINT SECURITY FOR RAILWAY CYBERSECURITY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL SYSTEM ADMINISTRATION FOR RAILWAY CYBERSECURITY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL RAILWAY CYBERSECURITY MARKET SHARE BY TYPE, 2021 VS 2028 (%)
11. GLOBAL INFRASTRUCTURE RAILWAY CYBERSECURITY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL ON-BOARD RAILWAY CYBERSECURITY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL RAILWAY CYBERSECURITY MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
14. GLOBAL RAILWAY CYBERSECURITY FOR PASSENGER TRAINS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL RAILWAY CYBERSECURITY FOR FREIGHT TRAINS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL RAILWAY CYBERSECURITY MARKET SHARE BY RAIL TYPE, 2021 VS 2028 (%)
17. GLOBAL RAILWAY CYBERSECURITY IN CONVENTIONAL PASSENGER TRAINS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18. GLOBAL RAILWAY CYBERSECURITY IN URBAN TRANSIT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
19. GLOBAL RAILWAY CYBERSECURITY IN HIGH-SPEED RAIL MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
20. GLOBAL RAILWAY CYBERSECURITY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
21. US RAILWAY CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
22. CANADA RAILWAY CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
23. UK RAILWAY CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
24. FRANCE RAILWAY CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
25. GERMANY RAILWAY CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
26. ITALY RAILWAY CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
27. SPAIN RAILWAY CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
28. REST OF EUROPE RAILWAY CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
29. INDIA RAILWAY CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
30. CHINA RAILWAY CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
31. JAPAN RAILWAY CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
32. SOUTH KOREA RAILWAY CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
33. REST OF ASIA-PACIFIC RAILWAY CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
34. REST OF THE WORLD RAILWAY CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
