The Europe Railway Cybersecurity Market would witness market growth of 8.2% CAGR during the forecast period (2021-2027).
Cybersecurity becomes a major need for railways around the world in order to install and leverage a connected and digital environment to a great extent. Internet technology finds potential uses in the domain of railways with smart cities, rail traffic management systems, smart transportation, CBTC, and PTC. Latest innovations include rail analytics, PIS, passenger infotainment, smart ticketing, cloud and IoT services, freight information and analytics, freight rail solutions like intelligent & smart devices, fleet monitoring, scheduling & optimization capabilities, and automatic stock management.
All these latest innovations face the constantly growing risk of cybersecurity. Owing to the advent of sophisticated systems and solutions, IoT in the railway sector has become more vulnerable to cybersecurity risks. Due to these aspects, the demand and installation of railway cybersecurity solutions are constantly witnessing an upsurge.
The market of railway cybersecurity solutions, products, and services is fueled by the growing cases of data breaches or data leakages. In addition, automated and advanced cyberattacks are constantly surging due to the rising technological developments. The growing complexities of attacks are encouraging railway operators around the world to install tailored cybersecurity products, services, and solutions with an aim to fight against the growing cyberattacks. For instance, SNCF with its associate SpirOps, Thales, Alstom, Bosch, and the Railenium Technology Research Institute decided to collectively develop the prototype for the autonomous train in France.
Europe is one of the major markets for passenger rail cybersecurity. Factors such as the massive demand for comfort and safety and the subsequent development of advanced technologies that enhance the comfort levels of passengers and decrease intercity travel time are responsible for the growth of this region. In addition, the European Commission is willing to simplify the rail industry in the region because of the huge passenger rail sector. Horizon 2020 is one of the major initiatives introduced in the region that is anticipated to bring transformation in the rail sector regarding digitalization and cybersecurity. Hence, these factors are likely to boost the growth of the regional railway cybersecurity market during the forecast period.
The Germany market dominated the Europe On-board Railway Cybersecurity Market by Country 2020, thereby, achieving a market value of $428.5 million by 2027. The UK market is exhibiting a CAGR of 11.2% during (2021 - 2027). Additionally, The France market is anticipated to witness a CAGR of 12.9% during (2021 - 2027).
Based on Offering, the market is segmented into Solution and Services. Based on Type, the market is segmented into Infrastructural and On-board. Based on Application, the market is segmented into Passenger Trains and Freight Trains. Based on Security Type, the market is segmented into Application Security, Data Security, Network Security, System Administration, End Point Security, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Railway Cybersecurity Market Size will Hit USD 10.2 Billion by 2027, at a CAGR of 9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Siemens AG, Nokia Corporation, Cisco Systems, Inc., IBM Corporation, Tech Mahindra Limited, Toshiba Corporation, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Hitachi, Ltd. and ENSCO, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Offering
By Type
By Application
- Passenger Trains
- Freight Trains
By Security Type
- Application Security
- Data Security
- Network Security
- System Administration
- End Point Security
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- ABB Group
- Siemens AG
- Nokia Corporation
- Cisco Systems, Inc.
- IBM Corporation
- Tech Mahindra Limited
- Toshiba Corporation
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Hitachi, Ltd.
- ENSCO, Inc.
TABLE 1 Europe Railway Cybersecurity Market, 2017 - 2020, USD Million
TABLE 2 Europe Railway Cybersecurity Market, 2021 - 2027, USD Million
TABLE 3 Europe Railway Cybersecurity Market by Offering, 2017 - 2020, USD Million
TABLE 4 Europe Railway Cybersecurity Market by Offering, 2021 - 2027, USD Million
TABLE 5 Europe Railway Cybersecurity Solution Market by Country, 2017 - 2020, USD Million
TABLE 6 Europe Railway Cybersecurity Solution Market by Country, 2021 - 2027, USD Million
TABLE 7 Europe Railway Cybersecurity Services Market by Country, 2017 - 2020, USD Million
TABLE 8 Europe Railway Cybersecurity Services Market by Country, 2021 - 2027, USD Million
TABLE 9 Europe Railway Cybersecurity Market by Type, 2017 - 2020, USD Million
TABLE 10 Europe Railway Cybersecurity Market by Type, 2021 - 2027, USD Million
TABLE 11 Europe Infrastructural Railway Cybersecurity Market by Country, 2017 - 2020, USD Million
TABLE 12 Europe Infrastructural Railway Cybersecurity Market by Country, 2021 - 2027, USD Million
TABLE 13 Europe On-board Railway Cybersecurity Market by Country, 2017 - 2020, USD Million
TABLE 14 Europe On-board Railway Cybersecurity Market by Country, 2021 - 2027, USD Million
TABLE 15 Europe Railway Cybersecurity Market by Application, 2017 - 2020, USD Million
TABLE 16 Europe Railway Cybersecurity Market by Application, 2021 - 2027, USD Million
TABLE 17 Europe Passenger Trains Railway Cybersecurity Market by Country, 2017 - 2020, USD Million
TABLE 18 Europe Passenger Trains Railway Cybersecurity Market by Country, 2021 - 2027, USD Million
TABLE 19 Europe Freight Trains Railway Cybersecurity Market by Country, 2017 - 2020, USD Million
TABLE 20 Europe Freight Trains Railway Cybersecurity Market by Country, 2021 - 2027, USD Million
TABLE 21 Europe Railway Cybersecurity Market by Security Type, 2017 - 2020, USD Million
TABLE 22 Europe Railway Cybersecurity Market by Security Type, 2021 - 2027, USD Million
TABLE 23 Europe Data Security Railway Cybersecurity Market by Country, 2017 - 2020, USD Million
TABLE 24 Europe Data Security Railway Cybersecurity Market by Country, 2021 - 2027, USD Million
TABLE 25 Europe Application Security Railway Cybersecurity Market by Country, 2017 - 2020, USD Million
TABLE 26 Europe Application Security Railway Cybersecurity Market by Country, 2021 - 2027, USD Million
TABLE 27 Europe Network Security Railway Cybersecurity Market by Country, 2017 - 2020, USD Million
TABLE 28 Europe Network Security Railway Cybersecurity Market by Country, 2021 - 2027, USD Million
TABLE 29 Europe System Administration Railway Cybersecurity Market by Country, 2017 - 2020, USD Million
TABLE 30 Europe System Administration Railway Cybersecurity Market by Country, 2021 - 2027, USD Million
TABLE 31 Europe End Point Security Railway Cybersecurity Market by Country, 2017 - 2020, USD Million
TABLE 32 Europe End Point Security Railway Cybersecurity Market by Country, 2021 - 2027, USD Million
TABLE 33 Europe Others Railway Cybersecurity Market by Country, 2017 - 2020, USD Million
TABLE 34 Europe Others Railway Cybersecurity Market by Country, 2021 - 2027, USD Million
TABLE 35 Europe Railway Cybersecurity Market by Country, 2017 - 2020, USD Million
TABLE 36 Europe Railway Cybersecurity Market by Country, 2021 - 2027, USD Million
TABLE 37 Germany Railway Cybersecurity Market, 2017 - 2020, USD Million
TABLE 38 Germany Railway Cybersecurity Market, 2021 - 2027, USD Million
TABLE 39 Germany Railway Cybersecurity Market by Offering, 2017 - 2020, USD Million
TABLE 40 Germany Railway Cybersecurity Market by Offering, 2021 - 2027, USD Million
TABLE 41 Germany Railway Cybersecurity Market by Type, 2017 - 2020, USD Million
TABLE 42 Germany Railway Cybersecurity Market by Type, 2021 - 2027, USD Million
TABLE 43 Germany Railway Cybersecurity Market by Application, 2017 - 2020, USD Million
TABLE 44 Germany Railway Cybersecurity Market by Application, 2021 - 2027, USD Million
TABLE 45 Germany Railway Cybersecurity Market by Security Type, 2017 - 2020, USD Million
TABLE 46 Germany Railway Cybersecurity Market by Security Type, 2021 - 2027, USD Million
TABLE 47 UK Railway Cybersecurity Market, 2017 - 2020, USD Million
TABLE 48 UK Railway Cybersecurity Market, 2021 - 2027, USD Million
TABLE 49 UK Railway Cybersecurity Market by Offering, 2017 - 2020, USD Million
TABLE 50 UK Railway Cybersecurity Market by Offering, 2021 - 2027, USD Million
TABLE 51 UK Railway Cybersecurity Market by Type, 2017 - 2020, USD Million
TABLE 52 UK Railway Cybersecurity Market by Type, 2021 - 2027, USD Million
TABLE 53 UK Railway Cybersecurity Market by Application, 2017 - 2020, USD Million
TABLE 54 UK Railway Cybersecurity Market by Application, 2021 - 2027, USD Million
TABLE 55 UK Railway Cybersecurity Market by Security Type, 2017 - 2020, USD Million
TABLE 56 UK Railway Cybersecurity Market by Security Type, 2021 - 2027, USD Million
TABLE 57 France Railway Cybersecurity Market, 2017 - 2020, USD Million
TABLE 58 France Railway Cybersecurity Market, 2021 - 2027, USD Million
TABLE 59 France Railway Cybersecurity Market by Offering, 2017 - 2020, USD Million
TABLE 60 France Railway Cybersecurity Market by Offering, 2021 - 2027, USD Million
TABLE 61 France Railway Cybersecurity Market by Type, 2017 - 2020, USD Million
TABLE 62 France Railway Cybersecurity Market by Type, 2021 - 2027, USD Million
TABLE 63 France Railway Cybersecurity Market by Application, 2017 - 2020, USD Million
TABLE 64 France Railway Cybersecurity Market by Application, 2021 - 2027, USD Million
TABLE 65 France Railway Cybersecurity Market by Security Type, 2017 - 2020, USD Million
TABLE 66 France Railway Cybersecurity Market by Security Type, 2021 - 2027, USD Million
TABLE 67 Russia Railway Cybersecurity Market, 2017 - 2020, USD Million
TABLE 68 Russia Railway Cybersecurity Market, 2021 - 2027, USD Million
TABLE 69 Russia Railway Cybersecurity Market by Offering, 2017 - 2020, USD Million
TABLE 70 Russia Railway Cybersecurity Market by Offering, 2021 - 2027, USD Million
TABLE 71 Russia Railway Cybersecurity Market by Type, 2017 - 2020, USD Million
TABLE 72 Russia Railway Cybersecurity Market by Type, 2021 - 2027, USD Million
TABLE 73 Russia Railway Cybersecurity Market by Application, 2017 - 2020, USD Million
TABLE 74 Russia Railway Cybersecurity Market by Application, 2021 - 2027, USD Million
TABLE 75 Russia Railway Cybersecurity Market by Security Type, 2017 - 2020, USD Million
TABLE 76 Russia Railway Cybersecurity Market by Security Type, 2021 - 2027, USD Million
TABLE 77 Spain Railway Cybersecurity Market, 2017 - 2020, USD Million
TABLE 78 Spain Railway Cybersecurity Market, 2021 - 2027, USD Million
TABLE 79 Spain Railway Cybersecurity Market by Offering, 2017 - 2020, USD Million
TABLE 80 Spain Railway Cybersecurity Market by Offering, 2021 - 2027, USD Million
TABLE 81 Spain Railway Cybersecurity Market by Type, 2017 - 2020, USD Million
TABLE 82 Spain Railway Cybersecurity Market by Type, 2021 - 2027, USD Million
TABLE 83 Spain Railway Cybersecurity Market by Application, 2017 - 2020, USD Million
TABLE 84 Spain Railway Cybersecurity Market by Application, 2021 - 2027, USD Million
TABLE 85 Spain Railway Cybersecurity Market by Security Type, 2017 - 2020, USD Million
TABLE 86 Spain Railway Cybersecurity Market by Security Type, 2021 - 2027, USD Million
TABLE 87 Italy Railway Cybersecurity Market, 2017 - 2020, USD Million
TABLE 88 Italy Railway Cybersecurity Market, 2021 - 2027, USD Million
TABLE 89 Italy Railway Cybersecurity Market by Offering, 2017 - 2020, USD Million
TABLE 90 Italy Railway Cybersecurity Market by Offering, 2021 - 2027, USD Million
TABLE 91 Italy Railway Cybersecurity Market by Type, 2017 - 2020, USD Million
TABLE 92 Italy Railway Cybersecurity Market by Type, 2021 - 2027, USD Million
TABLE 93 Italy Railway Cybersecurity Market by Application, 2017 - 2020, USD Million
TABLE 94 Italy Railway Cybersecurity Market by Application, 2021 - 2027, USD Million
TABLE 95 Italy Railway Cybersecurity Market by Security Type, 2017 - 2020, USD Million
TABLE 96 Italy Railway Cybersecurity Market by Security Type, 2021 - 2027, USD Million
TABLE 97 Rest of Europe Railway Cybersecurity Market, 2017 - 2020, USD Million
TABLE 98 Rest of Europe Railway Cybersecurity Market, 2021 - 2027, USD Million
TABLE 99 Rest of Europe Railway Cybersecurity Market by Offering, 2017 - 2020, USD Million
TABLE 100 Rest of Europe Railway Cybersecurity Market by Offering, 2021 - 2027, USD Million
TABLE 101 Rest of Europe Railway Cybersecurity Market by Type, 2017 - 2020, USD Million
TABLE 102 Rest of Europe Railway Cybersecurity Market by Type, 2021 - 2027, USD Million
TABLE 103 Rest of Europe Railway Cybersecurity Market by Application, 2017 - 2020, USD Million
TABLE 104 Rest of Europe Railway Cybersecurity Market by Application, 2021 - 2027, USD Million
TABLE 105 Rest of Europe Railway Cybersecurity Market by Security Type, 2017 - 2020, USD Million
TABLE 106 Rest of Europe Railway Cybersecurity Market by Security Type, 2021 - 2027, USD Million
TABLE 107 Key Information – ABB Group
TABLE 108 Key Information – Siemens AG
TABLE 109 Key Information – Nokia Corporation
TABLE 110 Key Information – Cisco Systems, Inc.
TABLE 111 Key information – IBM Corporation
TABLE 112 Key Information – Tech Mahindra Limited
TABLE 113 Key Information – Toshiba Corporation
TABLE 114 key information – Huawei Technologies Co., Ltd.
TABLE 115 Key Information – Hitachi, Ltd.
TABLE 116 Key information – ENSCO, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: ABB Group
FIG 3 Recent strategies and developments: Siemens AG
FIG 4 Swot analysis: Siemens AG
FIG 5 SWOT Analysis: Nokia Corporation
FIG 6 SWOT Analysis: Cisco Systems, Inc.
FIG 7 Swot analysis: IBM Corporation
FIG 8 SWOT Analysis: Tech Mahindra Limited
FIG 9 SWOT Analysis: Toshiba Corporation
FIG 10 SWOT Analysis: Hitachi, ltd.