The North America Railway Cybersecurity Market would witness market growth of 8.3% CAGR during the forecast period (2021-2027).
The installation of smart digitalized railway systems needs combined efforts from all the stakeholders like telecom operators, service providers, infrastructure providers, public sectors, manufacturers, and user groups. Various regulatory bodies are increasingly deploying Public Private Partnership (PPP) models, which facilitate the private sector organizations participate in digital, smart, and connected railways efforts of the governments for installing and financing transportation projects. This is expected to positively impact the demand for various kinds of railway cybersecurity projects around the world.
The presence of leading railways cybersecurity vendors in the North American region is expected to create lucrative growth opportunities over the forthcoming years. Moreover, the region is thriving in terms of railway infrastructure which would largely security cybersecurity solutions. In addition, as this region is an extremely developed region, hence the government has a sufficient budget to invest in railways development so as to prevent any untoward incidents.
Furthermore, it is extremely important to protect the data and other critical information of the people associated with railways, thus cybersecurity solutions are getting increasingly important to implement. These factors are likely to create bright growth prospects for the regional railway cybersecurity market during the forecast period.
The US market dominated the North America Railway Cybersecurity Services Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $815 million by 2027. The Canada market is experiencing a CAGR of 12.9% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 11.9% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Railway Cybersecurity Market is Estimated to Reach 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
- US
- Canada
- Mexico
- Rest of North America
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.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Railway Cybersecurity Market, by Offering
1.4.2 North America Railway Cybersecurity Market, by Type
1.4.3 North America Railway Cybersecurity Market, by Application
1.4.4 North America Railway Cybersecurity Market, by Security Type
1.4.5 North America Railway Cybersecurity Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 COVID-19 Impact
2.1.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Railway Cybersecurity Market by Offering
3.1 North America Railway Cybersecurity Solution Market by Country
3.2 North America Railway Cybersecurity Services Market by Country
Chapter 4. North America Railway Cybersecurity Market by Type
4.1 North America Infrastructural Railway Cybersecurity Market by Country
4.2 North America On-board Railway Cybersecurity Market by Country
Chapter 5. North America Railway Cybersecurity Market by Application
5.1 North America Passenger Trains Railway Cybersecurity Market by Country
5.2 North America Freight Trains Railway Cybersecurity Market by Country
Chapter 6. North America Railway Cybersecurity Market by Security Type
6.1 North America Data Security Railway Cybersecurity Market by Country
6.2 North America Application Security Railway Cybersecurity Market by Country
6.3 North America Network Security Railway Cybersecurity Market by Country
6.4 North America System Administration Railway Cybersecurity Market by Country
6.5 North America End Point Security Railway Cybersecurity Market by Country
6.6 North America Others Railway Cybersecurity Market by Country
Chapter 7. North America Railway Cybersecurity Market by Country
7.1 US Railway Cybersecurity Market
7.1.1 US Railway Cybersecurity Market by Offering
7.1.2 US Railway Cybersecurity Market by Type
7.1.3 US Railway Cybersecurity Market by Application
7.1.4 US Railway Cybersecurity Market by Security Type
7.2 Canada Railway Cybersecurity Market
7.2.1 Canada Railway Cybersecurity Market by Offering
7.2.2 Canada Railway Cybersecurity Market by Type
7.2.3 Canada Railway Cybersecurity Market by Application
7.2.4 Canada Railway Cybersecurity Market by Security Type
7.3 Mexico Railway Cybersecurity Market
7.3.1 Mexico Railway Cybersecurity Market by Offering
7.3.2 Mexico Railway Cybersecurity Market by Type
7.3.3 Mexico Railway Cybersecurity Market by Application
7.3.4 Mexico Railway Cybersecurity Market by Security Type
7.4 Rest of North America Railway Cybersecurity Market
7.4.1 Rest of North America Railway Cybersecurity Market by Offering
7.4.2 Rest of North America Railway Cybersecurity Market by Type
7.4.3 Rest of North America Railway Cybersecurity Market by Application
7.4.4 Rest of North America Railway Cybersecurity Market by Security Type
Chapter 8. Company Profiles
8.1 ABB Group
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 SWOT Analysis
8.2 Siemens AG
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Acquisition and Mergers:
8.2.5.2 Geographical Expansions:
8.2.6 SWOT Analysis
8.3 Nokia Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 SWOT Analysis
8.4 Cisco Systems, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 IBM Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional & Segmental Analysis
8.5.4 Research & Development Expenses
8.5.5 SWOT Analysis
8.6 Tech Mahindra Limited
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 SWOT Analysis
8.7 Toshiba Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research and Development Expense
8.7.5 Recent Strategies and Development:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.6 SWOT Analysis
8.8 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent Strategies and Development:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.9 Hitachi, Ltd.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent Strategies and Development:
8.9.5.1 Acquisitions and Mergers:
8.9.6 SWOT Analysis
8.10. ENSCO, Inc.
8.10.1 Company Overview
8.10.2 Recent Strategies and Development:
8.10.2.1 Geographical Expansions:
TABLE 1 North America Railway Cybersecurity Market, 2017 - 2020, USD Million
TABLE 2 North America Railway Cybersecurity Market, 2021 - 2027, USD Million
TABLE 3 North America Railway Cybersecurity Market by Offering, 2017 - 2020, USD Million
TABLE 4 North America Railway Cybersecurity Market by Offering, 2021 - 2027, USD Million
TABLE 5 North America Railway Cybersecurity Solution Market by Country, 2017 - 2020, USD Million
TABLE 6 North America Railway Cybersecurity Solution Market by Country, 2021 - 2027, USD Million
TABLE 7 North America Railway Cybersecurity Services Market by Country, 2017 - 2020, USD Million
TABLE 8 North America Railway Cybersecurity Services Market by Country, 2021 - 2027, USD Million
TABLE 9 North America Railway Cybersecurity Market by Type, 2017 - 2020, USD Million
TABLE 10 North America Railway Cybersecurity Market by Type, 2021 - 2027, USD Million
TABLE 11 North America Infrastructural Railway Cybersecurity Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Infrastructural Railway Cybersecurity Market by Country, 2021 - 2027, USD Million
TABLE 13 North America On-board Railway Cybersecurity Market by Country, 2017 - 2020, USD Million
TABLE 14 North America On-board Railway Cybersecurity Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Railway Cybersecurity Market by Application, 2017 - 2020, USD Million
TABLE 16 North America Railway Cybersecurity Market by Application, 2021 - 2027, USD Million
TABLE 17 North America Passenger Trains Railway Cybersecurity Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Passenger Trains Railway Cybersecurity Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Freight Trains Railway Cybersecurity Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Freight Trains Railway Cybersecurity Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Railway Cybersecurity Market by Security Type, 2017 - 2020, USD Million
TABLE 22 North America Railway Cybersecurity Market by Security Type, 2021 - 2027, USD Million
TABLE 23 North America Data Security Railway Cybersecurity Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Data Security Railway Cybersecurity Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Application Security Railway Cybersecurity Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Application Security Railway Cybersecurity Market by Country, 2021 - 2027, USD Million
TABLE 27 North America Network Security Railway Cybersecurity Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Network Security Railway Cybersecurity Market by Country, 2021 - 2027, USD Million
TABLE 29 North America System Administration Railway Cybersecurity Market by Country, 2017 - 2020, USD Million
TABLE 30 North America System Administration Railway Cybersecurity Market by Country, 2021 - 2027, USD Million
TABLE 31 North America End Point Security Railway Cybersecurity Market by Country, 2017 - 2020, USD Million
TABLE 32 North America End Point Security Railway Cybersecurity Market by Country, 2021 - 2027, USD Million
TABLE 33 North America Others Railway Cybersecurity Market by Country, 2017 - 2020, USD Million
TABLE 34 North America Others Railway Cybersecurity Market by Country, 2021 - 2027, USD Million
TABLE 35 North America Railway Cybersecurity Market by Country, 2017 - 2020, USD Million
TABLE 36 North America Railway Cybersecurity Market by Country, 2021 - 2027, USD Million
TABLE 37 US Railway Cybersecurity Market, 2017 - 2020, USD Million
TABLE 38 US Railway Cybersecurity Market, 2021 - 2027, USD Million
TABLE 39 US Railway Cybersecurity Market by Offering, 2017 - 2020, USD Million
TABLE 40 US Railway Cybersecurity Market by Offering, 2021 - 2027, USD Million
TABLE 41 US Railway Cybersecurity Market by Type, 2017 - 2020, USD Million
TABLE 42 US Railway Cybersecurity Market by Type, 2021 - 2027, USD Million
TABLE 43 US Railway Cybersecurity Market by Application, 2017 - 2020, USD Million
TABLE 44 US Railway Cybersecurity Market by Application, 2021 - 2027, USD Million
TABLE 45 US Railway Cybersecurity Market by Security Type, 2017 - 2020, USD Million
TABLE 46 US Railway Cybersecurity Market by Security Type, 2021 - 2027, USD Million
TABLE 47 Canada Railway Cybersecurity Market, 2017 - 2020, USD Million
TABLE 48 Canada Railway Cybersecurity Market, 2021 - 2027, USD Million
TABLE 49 Canada Railway Cybersecurity Market by Offering, 2017 - 2020, USD Million
TABLE 50 Canada Railway Cybersecurity Market by Offering, 2021 - 2027, USD Million
TABLE 51 Canada Railway Cybersecurity Market by Type, 2017 - 2020, USD Million
TABLE 52 Canada Railway Cybersecurity Market by Type, 2021 - 2027, USD Million
TABLE 53 Canada Railway Cybersecurity Market by Application, 2017 - 2020, USD Million
TABLE 54 Canada Railway Cybersecurity Market by Application, 2021 - 2027, USD Million
TABLE 55 Canada Railway Cybersecurity Market by Security Type, 2017 - 2020, USD Million
TABLE 56 Canada Railway Cybersecurity Market by Security Type, 2021 - 2027, USD Million
TABLE 57 Mexico Railway Cybersecurity Market, 2017 - 2020, USD Million
TABLE 58 Mexico Railway Cybersecurity Market, 2021 - 2027, USD Million
TABLE 59 Mexico Railway Cybersecurity Market by Offering, 2017 - 2020, USD Million
TABLE 60 Mexico Railway Cybersecurity Market by Offering, 2021 - 2027, USD Million
TABLE 61 Mexico Railway Cybersecurity Market by Type, 2017 - 2020, USD Million
TABLE 62 Mexico Railway Cybersecurity Market by Type, 2021 - 2027, USD Million
TABLE 63 Mexico Railway Cybersecurity Market by Application, 2017 - 2020, USD Million
TABLE 64 Mexico Railway Cybersecurity Market by Application, 2021 - 2027, USD Million
TABLE 65 Mexico Railway Cybersecurity Market by Security Type, 2017 - 2020, USD Million
TABLE 66 Mexico Railway Cybersecurity Market by Security Type, 2021 - 2027, USD Million
TABLE 67 Rest of North America Railway Cybersecurity Market, 2017 - 2020, USD Million
TABLE 68 Rest of North America Railway Cybersecurity Market, 2021 - 2027, USD Million
TABLE 69 Rest of North America Railway Cybersecurity Market by Offering, 2017 - 2020, USD Million
TABLE 70 Rest of North America Railway Cybersecurity Market by Offering, 2021 - 2027, USD Million
TABLE 71 Rest of North America Railway Cybersecurity Market by Type, 2017 - 2020, USD Million
TABLE 72 Rest of North America Railway Cybersecurity Market by Type, 2021 - 2027, USD Million
TABLE 73 Rest of North America Railway Cybersecurity Market by Application, 2017 - 2020, USD Million
TABLE 74 Rest of North America Railway Cybersecurity Market by Application, 2021 - 2027, USD Million
TABLE 75 Rest of North America Railway Cybersecurity Market by Security Type, 2017 - 2020, USD Million
TABLE 76 Rest of North America Railway Cybersecurity Market by Security Type, 2021 - 2027, USD Million
TABLE 77 Key Information – ABB Group
TABLE 78 Key Information – Siemens AG
TABLE 79 Key Information – Nokia Corporation
TABLE 80 Key Information – Cisco Systems, Inc.
TABLE 81 Key information – IBM Corporation
TABLE 82 Key Information – Tech Mahindra Limited
TABLE 83 Key Information – Toshiba Corporation
TABLE 84 key information – Huawei Technologies Co., Ltd.
TABLE 85 Key Information – Hitachi, Ltd.
TABLE 86 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.