Add to Favourites
To login click here
The global smart railways market is expected to see rapid growth in the next few years, reaching $41.89 billion in 2028 at a CAGR of 10.0%. This growth can be attributed to digital transformation initiatives, government policies promoting sustainable transportation, and a focus on data-driven decision-making. Major trends include the integration of IoT and AI technologies, implementation of digital twin and 5G connectivity, and a focus on cybersecurity. Top companies in the market include Huawei Technologies, Hitachi, Siemens, and General Electric.