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Railway Cybersecurity Market Share

Report ID: GMI10731
Published Date: Aug 2024
Report Format: PDF

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Railway Cybersecurity Market Share

Siemens AG, Cisco Systems, and Thales Group hold a significant market share of 15% in 2023. Siemens AG leverages its expertise in automation and digitalization to offer comprehensive cybersecurity solutions tailored for railway systems. Their solutions focus on protecting critical infrastructure through advanced threat detection, network security, and integrated safety features, positioning Siemens as a key player in safeguarding complex rail networks.

Cisco Systems provides robust cybersecurity solutions for railway operators, emphasizing network security, threat intelligence, and secure communications. Their advanced technologies help protect rail infrastructure from cyber threats, ensuring operational continuity and resilience against evolving security challenges in the transportation sector.

Railway Cybersecurity Market Companies

Major players operating in the railway cybersecurity industry are:

Thales Group
Siemens AG
Alstom
Nokia Networks
Cylus
Radiflow
Cisco Systems

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The market size of railway cybersecurity reached USD 6.1 billion in 2023 and is set to thrive at over 11% CAGR through 2032, led by expanding digital systems like IoT, AI, and automation in railways.

The solutions segment captured over 67% market share in 2023, as railway operators progressively used them for risk management, threat response, and data security.

Asia Pacific market accounted for 35% of the revenue share in 2023, catapulted by the rapid expansion of urban rail networks and increased investment in smart infrastructure.

Thales Group, Siemens AG, Alstom, Nokia Networks, Cylus, Radiflow, and Cisco Systems.