Digital Railway Market worth $127.54 billion by 2030 - Exclusive Report by MarketsandMarkets(TM)
Tuesday, June 24, 2025
DELRAY BEACH, Fla., June 16, 2025 /PRNewswire/ -- The Digital Railway Market is estimated to be USD 82.76 billion in 2025 and is projected to reach USD 127.54 billion by 2030, registering a CAGR of 9.0% from 2025 to 2030, according to a new report by MarketsandMarkets(TM).
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The demand for advanced transportation systems, commuters' mobility, and general transportation services, such as urban freight and personal mobility, is constantly increasing based on various geopolitical, economic, and environmental factors. Urbanization, global population growth, climate change, mitigating environmental impacts associated with personal vehicle use, and the demand for mobility have put significant pressure on modern cities and economies. With the growing issues of sustainability and urbanization and with more scrutiny on transportation emissions, digital railways are developing as a critical pillar of future-ready mobility ecosystems with strong policy support. Digital railways can support energy-efficient travel as they incorporate systems and technologies such as automated train operation systems, eco-driving systems, and other energy-saving measures to decrease fuel emissions.
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218 - Tables
55 - Figures
263 - Pages
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Scope of the Report
Report Metrics
Details
Market size
available for
years
2019-2030
Base year
considered 2024
Forecast period
2025-2030
Forecast units
Value (USD Billion)
Segments covered
Offering, Application, and Region
Regions covered
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America
The major players in the Digital Railway Market are Alstom (France), Cisco (US), Wabtec (US), ABB (Switzerland), IBM
(US), Hitachi (Japan), Huawei (China), Indra Sistemas (Spain), Siemens (Germany), Honeywell (US), Fujitsu (Japan),
Toshiba (Japan), DXC (US), Nokia (Finland), Advantech (Taiwan), Televic (Belgium), Uptake (US), Tego (US), KONUX
(Germany), Aitek S.p.A. (Italy), Assetic (Australia), Machines With Vision (UK), Delphisonic (US), Passio
Technologies (US), Atkins (UK), CloudMoyo (US), RailTel (India), ZEDAS (Germany), Simpleway (US), EKE Electronics
Companies covered (Finland), and r2p (Germany).
Passenger information system to witness fastest growth rate during forecast period.
Passenger Information Systems (PIS) play a crucial role in enhancing the travel experience by delivering timely and accurate real-time journey information. This helps passengers stay informed and respond effectively to any disruptions. One significant advantage of a PIS is its future-proof nature. The system offers innovative software and support services that are designed to evolve and function reliably throughout the anticipated lifespan of the train. PIS provides real-time information access in a timely manner, which improves passenger satisfaction and broadens access to public transportation. Additionally, by facilitating easier access to public transport, PIS promotes the use of environmentally friendly mobility solutions, contributing to the goals of smart and efficient transportation.
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Workforce management segment to witness highest growth rate during forecast period.
Workforce management software in virtual railroads ensures that businesses operate efficiently and safely by streamlining how human resources are allocated and tracked. Staff utilization, service reliability, safety adherence, and, eventually, more resilient and digitalized railway systems are enhanced through these digital solutions. One of the main purposes of these systems is to provide automated scheduling and rostering. It allows railway companies to schedule their drivers, manage crews, station staff, and control room staff shifts in a way that is compliant with labor laws, labor qualifications, and availability of workers. Automated scheduling will eliminate human error, enforce neutrality in the scheduling of work, and ensure compliance with contractual obligations. Furthermore, the real-time location of people using GPS and IoT will allow supervision to locate workers, expedite movements by responding to incidents, and reallocate staff when there is an emergency or a disruption.
Asia Pacific to register fastest growth rate during forecast period.
In the Asia Pacific region, the Digital Railway Market is projected to experience significant growth due to the area's proactive adoption of technological advancements and substantial capital investments, particularly in its emerging economies. Australia, Singapore, China, Japan, South Korea, Hong Kong, and India are some of the key nations taking giant steps toward achieving digital transformation in their railway areas. This includes the large-scale adoption of smart ticketing systems, passenger information systems that can be accessed through mobile programs, and advanced signaling and communication systems. There has been a notable rise in the deployment of AI-based solutions aimed at optimizing train schedules and enhancing operational efficiency within the largest railway networks in the Asia Pacific region. In August 2024, Dhaya Maju Infrastructure Sendirian Berhad (Sdn Bhd) of Malaysia inked an MoU with India's Rail Vikas Nigam Limited (RVNL) to cooperate in the sphere of railway infrastructure and services. The cooperation entails projects to build a manufacturing base in Malaysia for railway coaches and allied products to cater to the increasing demand of the railway sector.
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Top Key Companies in Digital Railway Market:
The report profiles key players, such as Alstom (France), Cisco (US), Wabtec (US), ABB (Switzerland), IBM (US), Hitachi (Japan), Huawei (China), Indra Sistemas (Spain), Siemens (Germany), Honeywell (US), Advantech (Taiwan), Fujitsu (Japan), and Toshiba (Japan).
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