North America Railway Cyber Security Market

Market Introduction

Most digital transformation applications in railways are based on IP technologies and some of the common areas where digitization is being applied in railways include train control, maintenance monitoring, signaling control, passenger information systems, and video protection. Along with its numerous benefits, digital transformation is also increasing the vulnerability of railways to various kinds of cyber-attacks. A huge IP traffic flows through the communications networks on a daily basis and such networks are targeted by cyber criminals to attack the railway infrastructure. Hence, the demand for robust cyber security solutions and services is growing at an unprecedented rate to safeguard critical railways infrastructure from cyber threats.

North America Railway Cyber Security Strategic Insights

Strategic insights for the North America Railway Cyber Security provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Railway Cyber Security Report Scope

North America Railway Cyber Security Regional Insights

The geographic scope of the North America Railway Cyber Security refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The railway cyber security market in North America is expected to grow from US$ 1,281.5 million in 2019 to US$ 2,205.2 million by 2027; it is estimated to grow at a CAGR of 7.2% from 2020 to 2027.The number and complexities of cyberattacks is growing which is driving the growth of railway cyber security across the region.However, the lack of skilled workforce is a hindering factor to the growth of the railway cyber security market. Further, the demand for cloud integration is growing, which is creating business opportunities for companies operating in the market to achieve a significant share of railway cyber security market.

Key Market Segments

In terms of type, theinfrastructuralsegment accounted for the larger share of the North America railway cyber security marketin 2019. In terms of component, the solution segment held a larger market share of therailway cyber security marketin 2019. Further, in terms of security, the network securitysegment held a larger share of the market in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the railway cyber security marketin North Americaare company websites, annual reports, financial reports, national government documents, statistical database, and among others. Capgemini SE, Cisco Systems, Inc., Collins Aerospace, Hitachi, Ltd., Huawei Technologies Co., Ltd., IBM Corporation, Nokia Corporation, Siemens AG, and Thales Group are some of the major companies listed in the report.

Reasons to buy report

• To understand the North America railway cyber security marketlandscape and identifymarket segments that are most likely to guarantee a strong return
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• Helps to takeknowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America railway cyber security market
• Obtain market revenue forecast for market by various segments from 2020 to 2027 inNorth Americaregion

NORTH AMERICA RAILWAY CYBER SECURITY MARKET SEGMENTATION

North America Railway Cyber Security Market,by Solution

• Solutions
• Services

North America Railway Cyber Security Market,by Type

• Infrastructural
• On-Board

North America Railway Cyber Security Market,by Security Type

• Network Security
• Application Security
• Data Protection
• End Point Security
• Others

North America Railway Cyber Security Market,by Country

• US
• Canada
• Mexico

North America Railway Cyber Security Market-Companies Mentioned

• Capgemini SE
• Cisco Systems, Inc.
• Collins Aerospace
• Hitachi, Ltd.
• Huawei Technologies Co., Ltd.
• IBM Corporation
• Nokia Corporation
• Siemens AG
• Thales Group