Monday, April 11th, 2016

The Global IT Spending in Railways Market 2016-2020 is a new research report added to  Railways worldwide use cloud computing and big data analysis to evaluate customer requirements. Through these technologies, railway operators get a broader view of the freight, passenger, and logistics operations. For example, Slovenian Railways uses IBM's SmartCloud solution to build smarter railway systems. Hitachi is another major vendor that provides cloud computing and big data services to the railways sector.

Complete report on IT spending on railways market spread across 77 pages, analyzing 5 major companies and provides 53 data exhibits is now available at .

The analysts forecast global IT spending on railways market to grow at a CAGR of 15.93% during the period 2016-2020. Global railways passenger and freight traffic are growing due to plummeting oil prices and increase in industrial activities. Latest offerings (such as mobile ticketing) coupled with the rise in the use of personal computing devices (like smartphones and tablets) are boosting the railway passenger volume.

In terms of geography, market research analyst has estimated the EMEA region to be the largest market for IT spending in railways during the forecast period. The prospects for growth in this market can be attributed to the investments made by the region's governments to develop smart cities. Factors such as the development of intelligent infrastructure and the augmented utilization of telematics will aid in the growth of this market in EMEA.

Order a copy of Global IT Spending in Railways Market 2016-2020 report @ .

Category-based segmentation of the IT spending in railways market : Services, Software, Hardware

IT spending on railways market research analysts have estimated the services market segment to be the largest market segment during the forecast period. The railway’s augmented spending on IT services like outsourcing, project-oriented, and support services will result in the steady growth of this market segment. This comprehensive market analysis has shown that the services segment will account for an impressive market share of more than 48% by 2020.

The high demand for analytics is a key market trend that will impel the prospects for growth in this market. Analytics plays a significant role in improving railway operations and also helps to increase revenues by ensuring better passenger services and customer satisfaction. Since railway operators use imaging frameworks, sensors, infrastructure testing, and other developing systems to generate huge data volumes, the need for analytics techniques that will help authorities to take strategic decisions will also increase.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the global IT spending in railways market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

Global Information Technology Spending in Railways Market key players are Accenture plc, ALTEN SA, Altran Technologies SA, IBM Corp., and SAP SE. Other Prominent Vendors in the market are: ABB, Alcatel-Lucent, Alstom, Ansaldo, Bombardier, Capgemini, CGI Group, Cisco Systems, CSC, GE Transportation, Hitachi, Huawei Technologies, Indra Sistemas, Infosys, Siemens, TCS, Tech Mahindra, and Wipro.

Explore other reports on IT & Telecommunication market at

File Library

Contact Profile

ReportsnReports is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

Connect With Us on:  



Twitter: https: //

G+ / Google Plus:



Ritesh Tiwari
P: + 1 888 391 5441


IT Spending in Railways Market, IT Spending in Railways Industry, Railways IT Spending Market, Railways IT Spending Market Research Reports




More Formats

View QR Code