Railway Cybersecurity Market Projected to reach $10.6 billion by 2027
The report " Railway Cybersecurity Market by Type (Infrastructural & On-board), Offering, Security Type (Network, Application, Endpoint, System Administration and Data Protection), Application (Passenger & Freight), Rail Type and Region - Global Forecast to 2027", is estimated to be USD 6.2 billion in 2021 and is projected to grow at a CAGR of 9.4% during the forecast period, to reach USD 10.6 billion by 2027. Browse 153 market data Tables and 73 Figures spread through 259 Pages and in-depth TOC on "Railway Cybersecurity Market” Various countries have realized that the development of railway infrastructure is one of the important factors driving economic development. Therefore, a number of countries and OEMs are investing significantly in railway cybersecurity infrastructure. For instance, in 2019, Wabtec launched two new offerings designed to modernize its globally installed 23,000 locomotives. Wabtec developed FDL Advantage, which is a fuel-saving engine u...