Railway Cyber Security Market
Railway Cyber Security Market Study by Application Security, Network Security, and Data Protection from 2023 to 2033
Analysis of Railway Cyber Security Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Railway Cyber Security Market Outlook (2023 to 2033)
Cybercriminals are increasingly considering the railroad sector as a potential target. Infrastructure at stations as well as signaling and traction systems, train control systems, and passenger information systems could all be in danger.
The use of cyber security in railways can stop cyberattacks, such as politically motivated attacks against information that result in violence, identity theft, which involves pretending to be someone else and may lead to financial exploitation, data breaches, which reveal sensitive, confidential, or encrypted data and result in a number of criminal activities, and it can assist in risk management.
Railways are a crucial component of many nations' critical infrastructure since they are an essential component of the transportation system. It is a nearly certain assumption that cyber-security will become a crucial component of many railway businesses even as the industry implements cutting-edge technologies.
Railway systems are vulnerable to cyberattacks for a variety of reasons, including their distributed architecture, long equipment lifecycles, diversity in supply chains and technologies, and greater interaction with digital systems. Critical signaling systems are more vulnerable to cyber-attacks as train networks become more computerized.
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What are the motivating factors behind the rise in demand for cyber security solutions for railways?
Growing demand for railway cyber security is being driven by the rising cost of breaches, the rise in sophisticated hackers, the accessibility of hacking tools, the proliferation of IOT capabilities, and tougher regulatory laws. The deployment of IOT and automation technologies to improve efficiency in the optimization of railways is a key driver driving the market for railway cyber security.
An increase in the number of government initiatives and the modernization of railways through public-private partnership models also leads to growth in the market. Railway cyberspace is exposed due to the increased use of the internet on the passenger side and digitization of railways, which creates an extreme need for a market.
Firewalls built to secure the network from cyberattacks can be difficult to configure, it also needs time-to-time updates. The vulnerability of railway cyberspace, the slow adoption of cyber security, and the high number of regionally dispersed assets are challenging factors for the market.
Implementation of new technologies such as context-aware behavior analysis, next-generation breach detection, and virtual dispersive networking can provide cyber security at the next level. Adapting these technologies in railway cyber security may result in a safer travel environment, minimizing loss of life and property, and lessening exposure to threats, all these factors rely on the growth of the market.
The implementation of metros and high-speed trains in urban places is a major driver of the market. The infrastructure-based cyber security market tends to grow tremendously as passenger information, ticket booking, and even train signalling rely on safe cyberspace.
Region-wise Insights
In the Western Europe region, the expenditure on railway infrastructure is very high, leading to a higher need for a railway cyber security market. Whereas in North America, technological advancements such as automated trains and metros are driving the cybersecurity market. In Latin America, a smaller railway network is expected to put the railway cyber security market on average growing speed.
Asia Pacific has a large share of the railway network, which is developing through digitalization. Huge amounts of investment in high-speed railways in countries like India and China, and large tram networks in Australia altogether generate the need for a cyber-security market.
Hence railway cyber security market is expected to grow tremendously in the Asia Pacific region. Railway cyber security in the Middle East and Africa is considered a major issue as railways come under extensively growing infrastructure. The growing economy in the Middle East is turning to the development of advanced automated railways, and luxurious rail network creates a demand for a well-developed.
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Recent Developments
- Thales recent transport security systems offer a background to electronic solutions applicable in the railway industry. The key features like Signal being passed at danger (SPAD) are also designed to brake the train exceeding permissible speed limits. Thales' experience and familiarity with the rail sector enable it to comprehend issues, specify needs, and create solutions.
- In April 2022, BT and Toshiba together launched a trail of quantum-secured communication services. Its first secured the metro network. The network will be able to link a large number of users in London, assisting them in securing the transmission of sensitive data and information across conventional fiber optic cables between several physical locations (QKD). QKD is a significant technological advancement that is essential to defending networks and data from the impending threat of quantum computing-based cyberattacks.
Competitive Landscape
The competitive landscape highlights only certain players.
Technology like autonomous stock management and fleet monitoring, smart ticketing systems, passenger information systems, freight information and analytics, and other solutions all enable the adoption of cybersecurity solutions and services in the railway industry to thwart cyberattacks.
The adoption of cutting-edge, brand-new technologies that come along with digitalization unavoidably widens the attack surface and invites new dangers and cyberattacks, leaving the railway system subject to dangers.
Accelerated railroad digitalization improves operational efficiency while also enhancing the infrastructure, system, services, rolling stock, and signaling. While the process of modernization moves forward slowly, senior officials from Indian Railways have emphasized the growing reliance on technologies like cloud management, the internet of things (IoT), and the integration of (formerly separated) railway signals control systems.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Railway Cyber Security Market: Segmentation
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By Type :
- Infrastructural
- On-Board
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By Security Type :
- Application Security
- Network Security
- Data Protection
- End Point Protection
- System Administration
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By Region :
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific
- Japan
- Middle East and Africa
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Type 6.2. Security Type 7. Global Market Analysis and Forecast, By Type 7.1. Infrastructural 7.2. On-Board 8. Global Market Analysis and Forecast, By Security Type 8.1. Application Security 8.2. Network Security 8.3. Data Protection 8.4. End Point Protection 8.5. System Administration 9. Global Market Analysis and Forecast, By Region 9.1. North America 9.2. Latin America 9.3. Western Europe 9.4. Eastern Europe 9.5. East Asia 9.6. South Asia & Pacific 9.7. MEA 10. North America Sales Analysis and Forecast, by Key Segments and Countries 11. Latin America Sales Analysis and Forecast, by Key Segments and Countries 12. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 13. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 14. East Asia Sales Analysis and Forecast, by Key Segments and Countries 15. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 16. MEA Sales Analysis and Forecast, by Key Segments and Countries 17. Sales Forecast by Type and Security Type for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. Thales Group 19.2. Bombardier 19.3. Siemens 19.4. Nokia Corporation 19.5. Hitachi, Ltd 19.6. Alstom 19.7. Cervello Ltd. 19.8. Toshiba Digital Solutions Corporations 19.9. Cylus Ltd. 19.10. IBM
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List Of Table
Table 01: Global Market US$ Mn Forecast by Region
Table 02: Global Market US$ Mn Forecast by Type
Table 03: Global Market US$ Mn Forecast by Security Type
Table 04: North America Market US$ Mn Forecast by Country
Table 05: North America Market US$ Mn Forecast by Type
Table 06: North America Market US$ Mn Forecast by Security Type
Table 07: Latin America Market US$ Mn Forecast by Country
Table 08: Latin America Market US$ Mn Forecast by Type
Table 09: Latin America Market US$ Mn Forecast by Security Type
Table 10: Western Europe Market US$ Mn Forecast by Country
Table 11: Western Europe Market US$ Mn Forecast by Type
Table 12: Western Europe Market US$ Mn Forecast by Security Type
Table 13: Eastern Europe Market US$ Mn Forecast by Country
Table 14: Eastern Europe Market US$ Mn Forecast by Type
Table 15: Eastern Europe Market US$ Mn Forecast by Security Type
Table 16: East Asia Market US$ Mn Forecast by Country
Table 17: East Asia Market US$ Mn Forecast by Type
Table 18: East Asia Market US$ Mn Forecast by Security Type
Table 19: South Asia & Pacific Market US$ Mn Forecast by Country
Table 20: South Asia & Pacific Market US$ Mn Forecast by Type
Table 21: South Asia & Pacific Market US$ Mn Forecast by Security Type
Table 22: MEA Market US$ Mn Forecast by Country
Table 23: MEA Market US$ Mn Forecast by Type
Table 24: MEA Market US$ Mn Forecast by Security Type
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List Of Figures
Figure 01: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 02: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Security Type
Figure 03: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 04: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 05: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Security Type
Figure 06: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 07: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 08: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Security Type
Figure 09: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 10: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 11: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Security Type
Figure 12: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 14: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Security Type
Figure 15: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 16: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 17: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Security Type
Figure 18: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 19: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 20: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Security Type
Figure 21: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 22: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 23: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Security Type
Figure 24: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How much is the Market likely to be Worth?
The market is predicted to grow at 10.7% CAGR during the forecast period.
Why Railway Cyber Security Market has a High Growth Potential?
The market has high growth potential due to an increase in the number of government initiatives and the modernization of railways through public-private partnership models
Where will Manufacturers find the Most Opportunities in the Market?
In the European region, manufacturers may find the most opportunities in the market.
Who are the key players in this market?
The key companies in the market are- • Thales Group • Bombardier • Siemens • Nokia Corporation • Hitachi, Ltd • Alstom • Cervello Ltd. • Toshiba Digital Solutions Corporations • Cylus Ltd. • IBM
Railway Cyber Security Market