The report segments the market for connected rail based on rail services type. The connected rail, based on rail services type has been segmented into passenger mobility & services, passenger information system, train tracking & monitoring solutions, automated fare collection system, IP video surveillance, predictive maintenance and among the Others. Further connected rail segmented into by rolling stock, the segment includes diesel locomotive, electric locomotive, DMU, EMU, light rail/tram car, subway/metro vehicle, passenger coach and freight wagon. The connected rail again segmented by connected safety & signaling system, includes positive train control, communication/computer based train control and automatic/integrated train control. By region (Asia-Pacific, Europe, North America, and ROW), as these are emerging technology market which will propel the overall growth of this market. Nevertheless, few technologies are already taking place in the market, as it is already a growing market, which shows a decent compound annual growth rate during the forecast period.

Market Analysis and Insights: Global Connected Rail Market
The global Connected Rail market size is projected to reach US$ 104560 million by 2027, from US$ 73030 million in 2020, at a CAGR of 5.2% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Connected Rail market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Connected Rail market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Connected Rail market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Connected Rail market.

Global Connected Rail Scope and Market Size
Connected Rail market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Connected Rail market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Passenger Mobility and Services
Passenger Information System
Train Tracking & Monitoring Solutions
Automated Fare Collection System
IP Video Surveillance
Predictive Maintenance
Others

Segment by Application
Diesel Locomotive
Electric Locomotive
DMU
EMU
Light Rail/Tram Car
Subway/Metro Vehicle
Passenger Coach
Freight Wagon

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Siemens AG
Hitachi Limited
Wabtec Corporation
Trimble
Robert Bosch GmbH
Huawei Investment & Holding
Cisco Systems
Nokia Corporation
Atos Corporation
IBM
Tech Mahindra Limited
Sierra Wireless
Calamp Corp.