Digital Railway Market Latest Trends, Future Scope, Opportunities & Growth Analysis by 2027

Digital Railway Market

The global Digital Railway Market size is poised to grow $63.0 billion in 2022 to $100.1 billion by 2027, at a CAGR of 9.7% during the forecast period, according to new report by MarketsandMarkets.

Browse in-depth TOC on “Digital Railway Market”
202 – Tables
46 – Figures
223 – Pages

Download PDF Brochure @

By Solutions, Remote monitoring segment to grow at the highest market share during the forecast period

Train monitoring systems work as real-time rail location and detection systems. They track the rail location and provide details about the location, rail speed, and next station details to the passenger, train operator, and all the people who want to know that information. The monitoring solutions are systems capable of monitoring rail system health, rail tension, temperature, and engine health. Train tracking solutions also help dispatchers to make better decisions as they have more accurate and real-time information about each vehicle. Railways have limited operational flexibility and face increasing passenger and freight traffic demand on the existing infrastructure. The reliable provision of additional capacity requires an improved system for traffic control and management purposes, as well as for system reliability and safety. The use of smart infrastructure for fault prediction and the guidance of preventive maintenance help maintain operational capacity and improve the reliability of railway infrastructure and operational efficiency.

By Services Professional services is expected to grow at a highest market share during the forecast period

Professional services are provided by professionals or experts to assist customers. They include system integration and deployment, consulting, and support and maintenance. Professional service vendors offer a broad array of services with the help of cutting-edge technologies, tools, and strategies to meet the needs of organizations. The deployment and integration services ensure the proper integration of the digital railway solutions and services with various other components of the IT system. The support and maintenance services aim to provide technical support to customers and deliver enhancements and upgrades to digital railway solutions. Customers use consulting services to analyze their needs and understand the best fit according to their requirements.

Request Sample Pages @

Europe region to record the highest market share in the digital railway market

The European countries have been investing majorly in the modernization and upgradation of the rail infrastructure. The social and trade agreements among the European Union (EU) countries have promoted large-scale, cross-border trade and passenger traffic in Europe. High development is expected in the region, especially in communication technology, as the European Telecommunications Standards Institute (ETSI) has formed a individual committee to focus on the Machine-to-Machine (M2M) communication privacy standardization and high trading standards. The dynamics of the rail industry in Europe are changing with new freight and passenger management systems. Several European countries are expected to adapt to the new digital railway solutions to boost the efficiency of the existing infrastructure. In November 2021, the UK government announced a USD 126 billion investment in rail infrastructure to deliver faster and better journeys to more people across the country. This represents a significant opportunity for companies working toward developing new advanced connected rail solutions.

Key and innovative vendors in the digital railway market are Siemens(Germany), Cisco (US), Hitachi (Japan), Wabtec (US), Alstom (France), IBM (US), ABB (Switzerland), Huawei (China), Thales (France), Fujitsu (Japan), DXC (US), Indra (Spain), Nokia (Finland), Atkins (UK), Toshiba (Japan), and Bombardier (Canada), ZEDAS(Germany), r2p(Germany), Simpleway(Czech Republic), Tego(US), Assetic(Australia), OXplus(Netherlands), Passio Technologies (US), Delphisonic(US), Uptake(US), KONUX(Germany), Machines With Vision(UK).

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit or follow us on TwitterLinkedIn and Facebook.


Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441


MnM Blog:

Content Source: