Global railway cybersecurity market is estimated to grow at a CAGR of nearly 9.7% during the forecast period (2024-2031). The growing number of railway cyber-attacks and data leakages drives the market growth across the globe. The global railway cybersecurity market is segmented 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), by Rail Type (Conventional Passenger Trains, Urban Transit, and High-Speed Rail), and by geographies (North America, Europe, Asia-Pacific, and Rest of the World).
The major players in 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 contributing significantly to the market growth, by the adoption of various business strategies, such as collaborations, mergers and acquisitions, product portfolio diversification, and more.
Recent Developments
- In September 2024, Alstom and Airbus Protect announced a partnership to enhance cybersecurity in the rail sector, at the InnoTrans 2024. Through their partnership, the companies have created a robust risk assessment framework designed to protect the rail industry from increasing cyber risks.
- In September 2024, Siemens Mobility presented Signaling X and next-level Rail Services at InnoTrans 2024. Signaling X opens interfaces and integrates signaling and control systems for mainline and mass transit into a single cloud platform. New Railigent X features, fully automated visual inspection and mobile inspection to make the service of trains more flexible and efficient.
- In September 2024, TSA collaborates with the rail industry to hike rail networks’ defenses against hackers. The government will have to balance security imperatives with business realities, and both sides of the partnership to ensure trust after a regulatory rollout that rankled the industry.
- In August 2024, Railed, and Cylus announced a strategic collaboration to strengthen the cybersecurity framework of Indian Railways infrastructure. The partnership aims for market expansion, professional services integration, and competence development.
- In August 2024, Digi International announced a collaboration with Cylus. The alliance integrates Cylus’s cybersecurity solution, CylusOne, into the Digi TX64 5G Rail cellular router solution, delivering cyber protection for rail networks globally.
- In March 2024, Alstom defined the international standard for railway cybersecurity, in alignment with the critical role of standards such as CENELEC TS-50701 and IEC 62443 for safeguarding rail networks. These standards ensure the security and resilient operation of essential rolling stock and infrastructure, guarding against cyber threats.