Railway Cybersecurity Market In-depth Research with Industry Rapidly Boost in Future Forecast To 2028

The Railway Cybersecurity Market is projected to grow from US$ 7,469.51 million in 2022 to US$ 13,763.76 million by 2028; it is estimated to grow at a CAGR of 10.7% from 2022 to 2028.

Railway cybersecurity refers to the protection of railway systems, infrastructure, and operations from cyber threats and attacks. As railways become more digitized and connected, they become increasingly vulnerable to cyber-attacks, which can result in disruptions to services, safety risks, and financial losses.
Railway systems are complex and include a range of interconnected components, such as signaling systems, control systems, communication networks, and rolling stock. Each of these components can be a potential target for cyber-attacks, such as malware, ransomware, or denial-of-service attacks.

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The List of Companies -
1. CAPGEMINI SE
2. Cisco Systems, Inc.
3. Collins Aerospace
4. Hitachi, Ltd.
5. Huawei Technologies Co., Ltd.
6. IBM Corporation
7. Nokia Corporation
8. Selectron Systems AG
9. Siemens AG
10. Thales Group

Offering [Solution (Risk and Compliance Management, Encryption, Firewall, Antivirus/Antimalware, Intrusion Detection/Intrusion Prevention, and Others) and Services]

Security Type (Application Security, Network Security, Data Protection, Endpoint Security, and System Administration),

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The changing ICT landscape and rising customer demands for advanced services are pushing railway operators to replace their legacy systems with cutting-edge standard-based infrastructure, such as IP communication networks. These systems help enhance reliability, capacity, efficiency, and customer experience. Also, modern railway systems are increasingly connected, and railway technologies are becoming interoperable and harmonized. In recent years, cybersecurity-related incidents in operational technology (OT), as well as control networks in railway systems, have increased worldwide. Several incidents concerning theft of passenger sensitive information and lines being halted due to cyber-attacks were reported. Such instances negatively impacted the profitability and ability of railway operators to comply with rising cyber-security compliance requirements.

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