Smart Railways Market: smart tickets and travel benefits to drive the demand during 2015-2021

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Global Smart-Railways Market Outlook 2021
Published on 1 June, 2016 Number of pages
185 Single User Price 3400
The research methodology used to estimate and
forecast Smart-Railways Market begins with
capturing data on key vendor revenue through the
secondary research.
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Summary of the Report Smart railways system is
the modernization of the railways travelling
system which has collaborated with digital
technology. With this collaboration, the travel
in the railway system is expected to be more
reliable, convenient and safe. Many countries
across the globe are rapidly implementing the
smart rail travel system along with rail card for
passenger convenience as well as for data
collection for analytics. There is high scope for
the Smart Railways Market in various regions
across the globe during 2015-2021.
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Topics Covered in this report Scope and
Regional Forecast of the Smart Railways Market
  In the Smart Railways Market, Western Europe
is the dominating region closely followed by
North America. In Western Europe, Hungary and UK
are poised to grow at a high CAGR of 20.0
collectively in this market during
2015-2021.   The smart cards and video
surveillance cameras are expected to grow at the
highest CAGR in the upcoming five years compared
to others in the devices of the Smart Railways
Market. Among solutions, PIS is poised to have
the highest CAGR and cloud professional services
to witness huge growth during 2015-2021.  
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In the Smart Railways Market, Asia Pacific and
Middle East are the rapidly developing regions
with huge capital investment and expansion scope
during 2015-2021.   The Smart Railways Market is
a rapidly growing market with increasing adoption
of rail system in the globe transport which can
be accessed by using railway account and rail
smart card for rail travel by the passengers in
various regions across the globe. This market is
expected to have high growth owing to the growing
use of smart card railway, increasing
implementation of smart map and rail train by the
government and high demand for smart tickets in
various regions for convenient travel through
2021.  
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Segmentation and Key Players of the Smart
Railways Market   The Smart Railways Market is
segmented into various categories by device, by
solution, by service and by geography as follows
  By device Rail Sensors, Video Surveillance
Cameras, Smart Cards, Networking Connecting
Devices and others   By solution Passenger
Information Systems (PIS), Rail Traffic
Management System (RTMS), Smart Ticketing, Rail
Operations and Management Systems, Rail
Communications and Management Systems, Advanced
Security Management Systems and others   By
service Professional Services, Cloud Services
and Integrated Services   By geography North
America, South America, Western Europe, Eastern
Europe, Asia Pacific and Middle East and
Africa  
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• The key players in the Smart Railways Market are
  as follows
• ABB Ltd.
• Alcatel-Lucent
• Hitachi
• Ansaldo STS
• General Electric
•  
• The railway smart card are expected to have high
  demand for regular passengers and for occasional
  travelers with planned benefits accordingly by
  using smart rail system. It is also helpful for
  analytics of railway activities and passengers
  through 2021.

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Global Smart-Railways Market Outlook 2021
A detailed qualitative analysis of the factors
responsible for driving and restraining growth of
the Smart-Railways Market and future
opportunities are provided in the report.
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