WebsiteGear Logo Log In
New User? Sign Up
About | Contact | FAQ
  Home News Website Related Online Marketing Friday, July 19, 2019 
Add Press Release News | News Feeds Feeds | Email This News Email


Global $12.6 Bn Railway Cybersecurity Market to 2027 - Major Players are Thales, Alstom, Siemens, Bombardier, and Nokia Networks
Thursday, June 20, 2019

DUBLIN, June 20, 2019 /PRNewswire/ -- The "Railway Cybersecurity Market by Type (Infrastructural and On-board), Solutions and Services, Security Type (Network, Application, End Point, System Administration, and Data Protection), and Region - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

The Global Railway Cybersecurity Market is Estimated to Grow at a CAGR of 9.8% From USD 6.0 Billion in 2019 to USD 12.6 Billion by 2027.

Increase in user preference for urban transportation and growing demand for convenient transport to fuel the demand for railway cybersecurity

Major factors driving the railway cybersecurity market include the adoption of IoT as well as automation technologies to enhance efficiency in the optimization of railways and increasing number of government initiatives and PPP models for modernization of railways. However, the capital-intensive nature of implementing connected technology is inhibiting the growth of the railway cybersecurity market.

Railway cybersecurity refers to the body of technologies, processes, and practices designed to protect networks, devices, programs, and data transferred within or outside a vehicle. Railway applications such as train tracking & monitoring, railway signaling system, and on-board control systems are prone to attacks, damages, or unauthorized access from external entities. Railway cybersecurity also refers to the security of railway by two types, namely, infrastructural solution and on-board solution.

The continuous innovations in existing technology have contributed to environmental efficiency, security and safety, and intellectual mobility. The safety and control technology presently used in the railway industry includes positive train control (PTC), computer-based train control (CBTC), and automated train control (ATC). CBTC is usually combined with ATC and PTC to enhance safety and security. CBTC was first used in Europe in the late 1960s and gained popularity worldwide by the 1980s. PTC has been widely used in the US due to a government mandate to install PTC on all rail lines in the country by December 2019.

Some of the major players in the railway cybersecurity market are Thales (France), Alstom (France), Siemens (Germany), Bombardier (Canada), and Nokia Networks (Finland). These players have long-term supply contracts with leading service operators. These companies have adopted the strategies of new product developments, acquisitions, agreements, collaborations, expansions, joint ventures, partnerships, and supply contracts to gain traction in the railway cybersecurity market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Cybersecurity Threats
5.2.1.2 Adoption of IoT and Automation Technologies
5.2.2 Restraints
5.2.2.1 Slow Pace of Cybersecurity Advancements in Developing Economies
5.2.3 Opportunities
5.2.3.1 Demand for Cloud-Based Services
5.2.4 Challenges
5.2.4.1 Security of Generated Data
5.2.4.2 Shortage of Cybersecurity Expertise for Proactive Strategic Planning

6 Industry Trends
6.1 Technological Overview
6.1.1 IoT in Railways
6.1.2 Big Data Analytics and Cloud Computing in Railways
6.1.3 Connected Trains
6.1.3.1 Positive Train Control (PTC)
6.1.3.2 Communication/Computer-Based Train Control (CBTC)
6.1.3.3 Passenger Information System (PIS)
6.1.4 Autonomous Train
6.1.5 European Network and Information Security Agency (ENISA)
6.2 Regulatory Overview
6.2.1 General Data Protection Regulation (GDPR)
6.2.2 International Union of Railways (UIC)
6.2.3 Rail Safety Improvement Act of 2008

7 Railway Cybersecurity Market, By Solutions and Services
7.1 Introduction
7.2 Solutions
7.2.1 Risk and Compliance Management
7.2.2 Encryption
7.2.3 Firewall
7.2.4 Antivirus/Antimalware
7.2.5 Intrusion Detection System/Intrusion Prevention System
7.3 Services
7.3.1 Design and Implementation
7.3.2 Risk and Threat Assessment
7.3.3 Support and Maintenance

8 Railway Cybersecurity Market, By Security Type
8.1 Introduction
8.2 Application Security
8.2.1 Asia Pacific is Estimated to Grow at Highest CAGR During Forecast Period
8.3 Network Security
8.3.1 North America is Estimated to Be the Second Fastest Market in for the Network Security Segment
8.4 Data Protection
8.4.1 Government Regulations Related to Data Protection Such as GDPR is Estimated to Drive the Market
8.5 End Point Security
8.5.1 Increasing Security Requirement for the Devices Such as IP Cameras, Passenger Information Display, Passenger Announcement, and Automatic Doors is Major Driving Factor for the End Point Security
8.6 System Administration
8.6.1 Europe is the Largest Market for System Administration

9 Railway Cybersecurity Market, By Type
9.1 Introduction
9.2 Infrastructural
9.2.1 Increase in Connected and Digitalised Infrastructure in Asia Pacific Region Will Propel the Market for Infrastructural Solution
9.3 On-Board
9.3.1 Increasing Government Norms Related to Passenger Security Will Propel On-Board Security Market

10 Railway Cybersecurity Market, By Region

11 Competitive Landscape
11.1 Overview
11.2 Market Ranking Analysis
11.3 Competitive Situation & Trends
11.4 Competitive Leadership Mapping

12 Company Profiles
12.1 Thales Group
12.2 Alstom
12.3 Siemens
12.4 Bombardier
12.5 General Electric (WabTec)
12.6 Nokia Networks
12.7 Hitachi
12.8 IBM
12.9 Cisco
12.10 United Technologies (Rockwell Collins)
12.11 Huawei
12.12 Toshiba
12.13 Tech Mahindra
12.14 TUV Rheinland
12.15 Capgemini (Sogeti)
12.16 ABB
12.17 Bae Systems
12.18 Cylus
12.19 Cervello
12.20 Euromicron Group (Telent GmbH)

For more information about this report visit https://www.researchandmarkets.com/r/am4u9f

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

View original content:http://www.prnewswire.com/news-releases/global-12-6-bn-railway-cybersecurity-market-to-2027---major-players-are-thales-alstom-siemens-bombardier-and-nokia-networks-300871359.html

SOURCE Research and Markets



Email This News Email | Submit To Slashdot Slashdot | Submit To Digg.com Digg | Submit To del.icio.us Del.icio.us | News Feeds Feeds

RELATED NEWS ARTICLES
Nav transcosmos and SOOTH Inc. Co-develop and Release "GAZE HACK," a Video Ads Optimization Method Based on Eye-Gaze Analysis | Jul 19, 2019
Nav Visiongain Report Offers Transformative Insights on the US$1.81bn Nano-UAV Market | Jul 19, 2019
Nav Sports Nutrition Market, 2024 by Product Type, Raw Material, Distribution Channel, Region | Jul 19, 2019
Nav Ekinops Completes the Acquisition of OTN Technology From Padtec | Jul 19, 2019
Nav The Hidden Wealth Solution Announces their Newest Online Educational Webinar Offering Time to Support the Over 10,400 Baby Boomers Retiring per Day! | Jul 19, 2019
Nav TTEC Schedules Second Quarter 2019 Earnings Release and Webcast of Investor Conference Call | Jul 19, 2019
Nav Internet Marketing Company, fishbat, Discusses 3 Ways Architecture Companies Can Remarket to Customers | Jul 19, 2019
Nav fishbat Discuss How to Prepare for A Clinical Trial | Jul 19, 2019
Nav Tulsa Author Celebrates New Book | Jul 19, 2019
Nav OFID Launches New Strategy, Sets Sights on Sustainable Growth and Maximum Development Impact | Jul 19, 2019
NEWS SEARCH

FEATURED NEWS | POPULAR NEWS
Submit News | View More News View More News