Connected Rail Market Surge to Reach $124.5 Billion by 2027

Connected Rail Market

The global connected rail market size is projected to grow from USD 94.6 billion in 2022 to reach USD 124.5 billion by 2027, at a CAGR of 5.6%.The major factors behind the growth of rail systems & services market is the continuous need for safety …

Connected Rail Market Projected to reach $124.5 billion by 2027

Connected Rail Market

The global connected rail market is expected to grow from approximately USD 94.6 billion in 2022 to reach 124.5 billion by 2027, at a CAGR of 5.6%. Rapid urbanization, a growing population, and the continuous innovation of new technologies are also driving the connected rail …

Connected Rail Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2022

Connected Rail Market

The report “Connected Rail Market by Service (Passenger Mobility, PIS, Train Tracking & Monitoring, Automated Fare Collection System, Predictive maintenance), Rail signaling system (PTC, CBTC & ATC), Rolling Stock, and Region – Global forecast to 2022″, The global connected rail market is estimated to be USD 77.27 …