DUBLIN–(BUSINESS WIRE)–The “North America Railway Cyber Security Market Forecast to 2027 – COVID-19 Impact and Regional Analysis By Component, Type, Security Type, and Country” report has been added to ResearchAndMarkets.com’s offering.
The railway cybersecurity market in North America is expected to grow from US$ 1,281.5 million in 2019 to US$ 2,205.2 million by 2027; it is estimated to grow at a CAGR of 7.2% from 2020 to 2027. The railway cybersecurity market is primarily driven by the growing number of cyberattacks. With the increasing adoption of digital solutions across businesses and individual customers, the sophistication and complexity level of cyber-attacks is also growing at a fast pace. Some of these attack types include advanced persistent threats (APTs), ransomware, and other advanced malware. In addition to the complexity, the frequency of these attacks has increased multifold in the past few years due to the rising number of endpoints. Owing to these factors, companies across various industries are facing challenges related to cybersecurity and data protection. Therefore, the demand for cybersecurity solutions and services is growing, which is expected to support the growth of the railway cybersecurity market.
With the ongoing COVID-19 outbreak affecting global economies in a negative manner, business activities and revenues in the North America railway cybersecurity market may get affected in the year 2020 and early 2021. The business lockdowns, travel & transportation bans, event cancellations, and supply chain disruptions in various countries are anticipated to affect the growth of North America railway cybersecurity market to some extent. Despite this, the overall growth outlook of the market is estimated to be positive over the forecast period.
The overall North America railway cybersecurity market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the North America railway cybersecurity market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America railway cybersecurity market are Capgemini SE, Cisco Systems, Inc., Collins Aerospace, Hitachi, Ltd., Huawei Technologies Co., Ltd., IBM Corporation, Nokia Corporation, Siemens AG, and Thales Group are among a few players operating in the North America railway cybersecurity market.
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- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it
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Key Topics Covered:
1. Introduction
1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation
1.3.1 Railway Cyber Security Market – By Component
1.3.2 Railway Cyber Security Market – By Type
1.3.3 Railway Cyber Security Market – By Security Type
1.3.4 Railway Cyber Security Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Railway Cyber Security Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Ecosystem Analysis
5. North America Railway Cyber Security – Market Dynamics
5.1 Market Drivers
5.1.1 Growing Digitization across Railway Industry
5.1.2 Growing Complexity of Cyber Attacks
5.2 Market Restraints
5.2.1 Lack of Skilled Professionals
5.3 Market Opportunities
5.3.1 Stringent Government Regulations Regarding Cybersecurity
5.4 Future Trends
5.4.1 Growing Demand for Cloud-Based to Boost the Growth
5.5 Impact Analysis of Drivers and Restraints
6. Railway Cyber Security Market – North America Analysis
6.1 North America Railway Cyber Security Market Overview
6.2 Railway Cyber Security Market – Revenue and Forecast to 2027 (US$ Million)
7. North America Railway Cyber Security Market Analysis- By Component
7.1 Overview
7.2 Railway Cyber Security Market, by Component (2019 and 2027)
7.3 Solution
7.4 Services
8. North America Railway Cyber Security Market Analysis – By Type
8.1 Overview
8.2 Railway Cyber Security Market, By Type (2019 and 2027)
8.3 Infrastructural
8.4 On-Board
9. North America Railway Cyber Security Market Analysis – By Security Type
9.1 Overview
9.2 Railway Cyber Security Market, By Security Type (2019 and 2027)
9.3 Network Security
9.4 Application Security
9.5 Data Protection
9.6 End Point Security
9.7 Other Security Types
10. North America Railway Cyber Security Market – Country Analysis
10.1 Country Analysis
10.1.1 North America: Railway Cyber Security Market, by Key Country
10.1.1.1 US: Railway Cyber Security Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.2 Canada: Railway Cyber Security Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.3 Mexico: Railway Cyber Security Market – Revenue and Forecast to 2027 (US$ Million)
11. Railway Cyber Security Market- COVID-19 Impact Analysis
11.1 Overview
11.2 North America
12. Industry Landscape
12.1 Overview
13. Company Profiles
13.1 CAPGEMINI SE
13.2 Cisco Systems, Inc.
13.3 Collins Aerospace
13.4 Hitachi, Ltd.
13.5 Huawei Technologies Co., Ltd.
13.6 IBM Corporation
13.7 Nokia Corporation
13.8 Siemens AG
13.9 Thales Group
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