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Monday, 03 Aug 2020 05:00 pm

Tremendous Rise in Asia Pacific Railway Cyber Security Market with CAGR Value 10% during 2020-2027| Capgemini, Hitachi, IBM Corporation

As the number and complexity of cyberattacks is growing, it is propelling the adoption of railway cyber security system across the region. However, the lack of skilled workforce is a hindering factor to the railway cyber security market growth. Further, the stringent government regulations regarding data privacy is creating business opportunities for companies operating in the market to achieve a significant share of railway cyber security market.

By SMN Bureau
The Railway Cyber Security Market in APAC is expected to grow from US$ 1,661.7 million in 2019 and is projected to reach US$ 3,503.6 million by 2027; it is estimated to grow at a CAGR of 10.0% from 2020 to 2027.
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The Railway Cyber Security Market in APAC is expected to grow from US$ 1,661.7 million in 2019 and is projected to reach US$ 3,503.6 million by 2027; it is estimated to grow at a CAGR of 10.0% from 2020 to 2027.

As the number and complexity of cyberattacks is growing, it is propelling the adoption of railway cyber security system across the region. However, the lack of skilled workforce is a hindering factor to the railway cyber security market growth. Further, the stringent government regulations regarding data privacy is creating business opportunities for companies operating in the market to achieve a significant share of railway cyber security market.

The Asia Pacific Railway Cyber Security market is growing along with the Technology, Media and Telecommunications industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.

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A large number of IP traffic flows through the communications networks on a daily basis and such networks are targeted by cyber criminals to attack the railway infrastructure. Hence, the demand for robust cyber security solutions and services is growing at an unprecedented rate to safeguard critical railways infrastructure from cyber threats.

These factors are expected to offer broad growth opportunities in the Technology, Media and Telecommunications industry and this is expected to cause the demand for RAILWAY CYBER SECURITY assays in the market.

Business Market Insights reports focus upon client objectives, use standard research methodologies and exclusive analytical models, combined with robust business acumen, which provides precise and insightful results.

Business Market Insights reports are useful not only for corporate and academic professionals but also for consulting, research firms, PEVC firms, and professional services firms.

APAC RAILWAY CYBER SECURITY MARKET SEGMENTATION

APAC Railway Cyber Security Market,by Solution

  • Solutions
  • Services

APAC Railway Cyber Security Market,by Type

  • Infrastructural
  • On-Board

APAC Railway Cyber Security Market, by Security Type

  • Network Security
  • Application Security
  • Data Protection
  • End Point Security
  • Others

APAC Railway Cyber Security Market, by Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC

APAC Railway Cyber Security Market-Companies Mentioned

  • Cisco Systems, Inc.
  • Collins Aerospace
  • Hitachi, Ltd.
  • Huawei Technologies Co., Ltd.
  • IBM Corporation
  • Nokia Corporation
  • Selectron Systems AG
  • Siemens AG
  • Thales Group

 

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About Business Market Insights

Based in New York, Business Market Insights is a one-stop destination for in-depth market research reports from various industries including Technology, Media & Telecommunications, Semiconductor & Electronics, Aerospace & Defense, Automotive & Transportation, Biotechnology, Healthcare IT, Manufacturing & Construction, Medical Device, and Chemicals & Materials. The clients include corporate and academic professionals, consulting, research firms, PEVC firms, and professional services firms.

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Tags Asia Pacific Railway Cyber Security Market Size Asia Pacific Railway Cyber Security Market Asia Pacific Railway Cyber Security Market Research  Asia Pacific Railway Cyber Security Market Insight Asia Pacific Railway Cyber Security Market Trends Asia Pacific Railway Cyber Security Market Forecast Asia Pacific Railway Cyber Security Market Share Asia Pacific Railway Cyber Security Market 2027 Asia Pacific Railway Cyber Security Market Growth Asia Pacific Railway Cyber Security Industry Sector Asia Pacific Railway Cyber Security PDF Report Asia Pacific Railway Cyber Security Analysis Asia Pacific Railway Cyber Security Research Competitive Analysis

SMN Bureau

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