Digital Railway Market
A recent report published by Market Research Future titled “Digital Railway Market Research Report: Information By Offering (Solution And Services), By Application (Railway Operation Management, Asset Management, Passenger Experience And Others)” reveals that the global market was valued at $68.49 billion in 2023. It is projected to grow at a Compound Annual Growth Rate (CAGR) of 10.30% from 2022 to 2032 and reach $150.06 billion by 2032.
Market Analysis:
The digital railway market is experiencing a rapid growth trajectory, driven by the increasing demand for efficient and safe rail transportation systems. With the integration of advanced technologies such as IoT, AI, big data analytics, and automation, the digital railway market is poised to revolutionize the way railways operate, manage assets, and provide passenger services….
