Smart Railway Systems Market Growth by Product, Type, and Geography - Forecast and Analysis 2023-2027

Published: Mar 2023

Pages: 189

SKU: IRTNTR40254

Snapshot

The smart railway systems market size is estimated to grow at a CAGR of 12.59% between 2022 and 2027. The smart railway systems market size is forecast to increase by USD 20,129.36 million. The growth of the market depends on several factors, including the expansion of railways to address efficiency and environmental concerns, the rising adoption of advanced technologies in smart railway systems, and an increase in government and private sector investments in railways.

This smart railway systems market report extensively covers market segmentation by product (solutions, components, and services), type (passenger information system, rail and freight operations management system, smart ticketing system, rail analytics system, and others), and geography (Europe, North America, APAC, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Smart Railway Systems Market During the Forecast Period?

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Smart Railway Systems Market: Key Drivers, Trends, Challenges, and Customer Landscape

The expansion of railways to address efficiency and environmental concerns is notably driving the market growth, although the requirement for higher Investments in initial infrastructure may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Smart Railway Systems Market Driver

The expansion of railways to address efficiency and environmental concerns is notably driving the smart railway systems market growth. Continuous expansion of rail to meet the growing demand for efficient transportation is a key factor driving the global intelligent rail system market. Moreover, growing environmental concerns have increased the priority of rail transport due to its lower emissions compared to other modes of transport. According to the International Transport Forum of the Organization for Economic Co-operation and Development (OECD), by 2050 passenger mobility will increase by 200% to 300% compared to 2010, and freight activity will increase by 150% to 250%. These figures are estimated to impact all components of the rail industry value chain, from passenger services to back-end organizations. Increasing environmental awareness around the world is expected to encourage the use of rail transport in the long term.

Rail transport is better than other modes of transportation in terms of its environmental impact, but it can be further improved by incorporating smart technologies that can control and reduce the amount of emissions and noise produced. There is, therefore a need for capacity expansion, which means not only the modernization of stations and the introduction of new trains but also the introduction of intelligent and efficient systems. Therefore, the expansion of the rail industry and growing efficiency and environmental concerns will increase the demand for intelligent rail systems. Hence, the market is expected to witness significant growth during the forecast period.

Significant Smart Railway Systems Market Trends

The adoption of IoT and big data driving efficiency is a key trend influencing the smart railway systems market growth. Railroads generate large amounts of big data from interconnected stakeholders. This data is critical and can be used to improve passenger safety and streamline station and freight operations. Building smart railways requires large-scale data structures that include various components such as cyber-physical systems, IoT, and cloud computing. As rail networks become smarter, there are many sources from which data can be generated. For example, an in-vehicle control and monitoring system can turn a train into an integrated communications hub, sending data to a network control center to exchange relevant data. Similarly, billions of data points from sensors and software platforms can be used to bring efficiencies to different areas of the rail industry. Similarly, train tracking and recognition systems inform drivers of the location of other trains, reduce collisions, and allow trains to run nearby efficiently and safely.

Data sources include not only line and train sensors, but also station ticket booths, parking lots, and video surveillance sensors. By incorporating sensors into train systems and components, multiple data points can be collected such as position, speed, direction, and temperature. Sensors can also provide data on the condition of onboard equipment and rail-wheel interfaces. Also, railway operators have started to implement IoT and big data on a small scale in various functions of the railway industry. This monitoring process can be performed remotely and helps flag potential problems while the train is running. Therefore, the use of IoT and big data will benefit the railway industry and shape its future. Hence, the incorporation of IoT and big data is expected to boost the growth of the market during the forecast period.

Major Smart Railway Systems Market Challenge

The requirement for higher Investments in initial infrastructure is challenging the smart railway systems market growth. The high investment required for early infrastructure hinders the deployment of intelligent rail systems. Using an intelligent railway system requires a large investment due to the use of advanced technology. Railways are largely controlled by state-owned enterprises and funded by government sanctions. This means that development projects that require large investments should be carefully evaluated. Such infrastructure development projects are characterized by long payback periods and large cash inflows. Therefore, most railway projects are implemented by governments in collaboration with private entities.

Such projects can also place a heavy burden on budget-constrained countries, allowing governments to borrow from international agencies and increasing the debt of governments and companies involved in managing the railways. Railways, especially small carriers, are reluctant to implement Positive Train Control (PTC) due to the financial and technical burden after deploying a complete on-premises solution that includes large sensors and massive computational resources. Similarly, wiring trains for network access, especially over wired Ethernet networks, are expensive due to high installation costs. Also, each time the train is reconfigured, rewiring may be required, increasing maintenance costs. Post-deployment infrastructure element failures due to technical errors or integration issues can have serious consequences. All these factors may hinder the growth of the market during the forecast period.

Key Smart Railway Systems Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Smart Railway Systems Market Customer Landscape

Who are the Major Smart Railway Systems Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

ABB Ltd: The company is involved in providing different types of electronics services such as control systems, power electronics, safety, and UPS and power conditioning.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segments in the Smart Railway Systems Market?

The market share growth by the solutions segment will be significant during the forecast period. The solutions segment of the smart railway systems market includes solutions such as passenger information systems, advanced safety monitoring systems, rail communication and network systems, cargo information systems, analytics systems, and intelligent ticketing systems. These systems have specific applications and are integrated to intelligently utilize all rail resources, from tracks to trains, to meet the growing consumer demand for efficient and safe transport services.

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The solutions segment was valued at USD 6,789.85 million in 2017 and continued to grow until 2021. Railway communication and network systems are expected to gain higher popularity during the forecast period as they play an important role in providing network solutions in railway stations. Another advantage of the system is that it helps with online ticket booking and provides real-time updates on train operations for both commuters and fleet managers. As demand for safe, fast, and reliable rail services continues to grow, and operational inefficiencies and other safety issues remain concerns, the need to modify existing rail infrastructure continues to grow. As more operators invest in infrastructure upgrades and new technologies, the solutions segment is expected to grow and continue to hold the largest market share during the forecast period.

Which are the Key Regions for the Smart Railway Systems Market?

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Europe is estimated to contribute 30% to the growth of the global smart railway systems market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

Rising transport demand, growing environmental concerns, and a tight regulatory framework are factors driving the rail industry in the region. Demand for transport continues to grow, especially in terms of service quality. Additionally, increasing traffic congestion is increasing the need for more efficient modes of transport. With three-quarters of the European Union's (EU) population living in urban areas, increased competition from urbanization and globalization is driving major changes to the region's rail industry. As decarbonization gains momentum as a policy priority, so do environmental concerns. These factors have increased the adoption of rail as the preferred mode of transportation. In addition, Europe has a wealth of know-how in building railway networks, and construction costs can be kept down. Additionally, the presence of OEMs and intelligent rail system providers will increase access to advanced technology during the forecast period.

In 2020, the rail industry suffered a severe setback due to the COVID-19 outbreak. Rail passenger services were severely impacted by governments of several countries imposing lockdown measures to stem the spread of the virus. This impeded the operation of the railway industry. However, the rail industry made up for lost revenue in 2021 with government aid packages and the launch of large-scale vaccination campaigns across the world. From 2021 to 2024, several railway projects are scheduled to start. Such developments are thus expected to drive the growth of the market during the forecast period.

Segment Overview

The smart railway systems market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.

Product Outlook (USD Million, 2017 - 2027)
- Solutions
- Components
- Services

Type Outlook (USD Million, 2017 - 2027)
- Passenger information system
- Rail and freight operations management system
- Smart ticketing system
- Rail analytics system
- Others

Region Outlook (USD Million, 2017 - 2027)
- North America
  - The U.S.
  - Canada
- Europe
  - U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- South America
  - Chile
  - Brazil
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa

Parent Market Analysis

Technavio categorizes the global smart railway systems market as part of the global electronic components market within the global electronics market. The global electronics market includes manufacturers of communications equipment, technology hardware storage and peripherals, electronic devices and equipment, electronic components, consumer electronics, industrial electronics, and electronic manufacturing services. The Electronic Components segment includes manufacturers of connectors, electronic tubes, electronic capacitors and resistors, electronic coils, printed circuit boards (PCBs), transformers and other inductors, and lighting products.

Smart Railway Systems Market Scope
Report Coverage	Details
Page number	189
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 12.59%
Market growth 2023-2027	USD 20,129.36 million
Market structure	Fragmented
YoY growth 2022-2023(%)	12.27
Regional analysis	Europe, North America, APAC, Middle East and Africa, and South America
Performing market contribution	Europe at 30%
Key countries	US, China, Germany, France, and UK
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	ABB Ltd., ALSTOM SA, Atos SE, Capgemini Service SAS, Cisco Systems Inc., Digi International Inc., General Electric Co., Hitachi Ltd., Huawei Technologies Co. Ltd., Indra Sistemas SA, International Business Machines Corp., Mitsubishi Electric Corp., Nokia Corp., Robert Bosch GmbH, Schneider Electric SE, Siemens AG, Teleste Corp., Thales Group, Trimble Inc., and ZTE Corp.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Smart Railway Systems Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the smart railway systems market between 2023 and 2027
Precise estimation of the size of the smart railway systems market size and its contribution of the market in focus to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the market industry across Europe, North America, APAC, Middle East and Africa, and South America
Thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of smart railway systems market vendors

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global smart railway systems market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global smart railway systems market 2017 - 2021 ($ million)

4.2 Product Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

4.3 Type Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)

4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments
- Exhibit 30: Chart on Product - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

6.2 Comparison by Product
- Exhibit 32: Chart on Comparison by Product
- Exhibit 33: Data Table on Comparison by Product

6.3 Solutions - Market size and forecast 2022-2027
- Exhibit 34: Chart on Solutions - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Solutions - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Solutions - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Solutions - Year-over-year growth 2022-2027 (%)

6.4 Components - Market size and forecast 2022-2027
- Exhibit 38: Chart on Components - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Components - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Components - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Components - Year-over-year growth 2022-2027 (%)

6.5 Services - Market size and forecast 2022-2027
- Exhibit 42: Chart on Services - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Services - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Services - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Services - Year-over-year growth 2022-2027 (%)

6.6 Market opportunity by Product
- Exhibit 46: Market opportunity by Product ($ million)
- Exhibit 47: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Type

7.1 Market segments
- Exhibit 48: Chart on Type - Market share 2022-2027 (%)
- Exhibit 49: Data Table on Type - Market share 2022-2027 (%)

7.2 Comparison by Type
- Exhibit 50: Chart on Comparison by Type
- Exhibit 51: Data Table on Comparison by Type

7.3 Passenger information system - Market size and forecast 2022-2027
- Exhibit 52: Chart on Passenger information system - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Data Table on Passenger information system - Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Chart on Passenger information system - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Passenger information system - Year-over-year growth 2022-2027 (%)

7.4 Rail and freight operations management system - Market size and forecast 2022-2027
- Exhibit 56: Chart on Rail and freight operations management system - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Data Table on Rail and freight operations management system - Market size and forecast 2022-2027 ($ million)
- Exhibit 58: Chart on Rail and freight operations management system - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Rail and freight operations management system - Year-over-year growth 2022-2027 (%)

7.5 Smart ticketing system - Market size and forecast 2022-2027
- Exhibit 60: Chart on Smart ticketing system - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Data Table on Smart ticketing system - Market size and forecast 2022-2027 ($ million)
- Exhibit 62: Chart on Smart ticketing system - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Smart ticketing system - Year-over-year growth 2022-2027 (%)

7.6 Rail analytics system - Market size and forecast 2022-2027
- Exhibit 64: Chart on Rail analytics system - Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Data Table on Rail analytics system - Market size and forecast 2022-2027 ($ million)
- Exhibit 66: Chart on Rail analytics system - Year-over-year growth 2022-2027 (%)
- Exhibit 67: Data Table on Rail analytics system - Year-over-year growth 2022-2027 (%)

7.7 Others - Market size and forecast 2022-2027
- Exhibit 68: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 69: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 70: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 71: Data Table on Others - Year-over-year growth 2022-2027 (%)

7.8 Market opportunity by Type
- Exhibit 72: Market opportunity by Type ($ million)
- Exhibit 73: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 75: Chart on Market share by geography 2022-2027 (%)
- Exhibit 76: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 77: Chart on Geographic comparison
- Exhibit 78: Data Table on Geographic comparison

9.3 Europe - Market size and forecast 2022-2027
- Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.4 North America - Market size and forecast 2022-2027
- Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.5 APAC - Market size and forecast 2022-2027
- Exhibit 87: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.7 South America - Market size and forecast 2022-2027
- Exhibit 95: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027
- Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 Germany - Market size and forecast 2022-2027
- Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.10 China - Market size and forecast 2022-2027
- Exhibit 107: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 108: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 109: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on China - Year-over-year growth 2022-2027 (%)

9.11 France - Market size and forecast 2022-2027
- Exhibit 111: Chart on France - Market size and forecast 2022-2027 ($ million)
- Exhibit 112: Data Table on France - Market size and forecast 2022-2027 ($ million)
- Exhibit 113: Chart on France - Year-over-year growth 2022-2027 (%)
- Exhibit 114: Data Table on France - Year-over-year growth 2022-2027 (%)

9.12 UK - Market size and forecast 2022-2027
- Exhibit 115: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 116: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 117: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 118: Data Table on UK - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography
- Exhibit 119: Market opportunity by geography ($ million)
- Exhibit 120: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 121: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 122: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 123: Overview on factors of disruption

11.4 Industry risks
- Exhibit 124: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 125: Vendors covered

12.2 Market positioning of vendors
- Exhibit 126: Matrix on vendor position and classification

12.3 ABB Ltd.
- Exhibit 127: ABB Ltd. - Overview
- Exhibit 128: ABB Ltd. - Business segments
- Exhibit 129: ABB Ltd. - Key offerings
- Exhibit 130: ABB Ltd. - Segment focus

12.4 ALSTOM SA
- Exhibit 131: ALSTOM SA - Overview
- Exhibit 132: ALSTOM SA - Business segments
- Exhibit 133: ALSTOM SA - Key news
- Exhibit 134: ALSTOM SA - Key offerings
- Exhibit 135: ALSTOM SA - Segment focus

12.5 Atos SE
- Exhibit 136: Atos SE - Overview
- Exhibit 137: Atos SE - Business segments
- Exhibit 138: Atos SE - Key news
- Exhibit 139: Atos SE - Key offerings
- Exhibit 140: Atos SE - Segment focus

12.6 Capgemini Service SAS
- Exhibit 141: Capgemini Service SAS - Overview
- Exhibit 142: Capgemini Service SAS - Business segments
- Exhibit 143: Capgemini Service SAS - Key news
- Exhibit 144: Capgemini Service SAS - Key offerings
- Exhibit 145: Capgemini Service SAS - Segment focus

12.7 Cisco Systems Inc.
- Exhibit 146: Cisco Systems Inc. - Overview
- Exhibit 147: Cisco Systems Inc. - Business segments
- Exhibit 148: Cisco Systems Inc. - Key news
- Exhibit 149: Cisco Systems Inc. - Key offerings
- Exhibit 150: Cisco Systems Inc. - Segment focus

12.8 General Electric Co.
- Exhibit 151: General Electric Co. - Overview
- Exhibit 152: General Electric Co. - Business segments
- Exhibit 153: General Electric Co. - Key news
- Exhibit 154: General Electric Co. - Key offerings
- Exhibit 155: General Electric Co. - Segment focus

12.9 Hitachi Ltd.
- Exhibit 156: Hitachi Ltd. - Overview
- Exhibit 157: Hitachi Ltd. - Business segments
- Exhibit 158: Hitachi Ltd. - Key news
- Exhibit 159: Hitachi Ltd. - Key offerings
- Exhibit 160: Hitachi Ltd. - Segment focus

12.10 Huawei Technologies Co. Ltd.
- Exhibit 161: Huawei Technologies Co. Ltd. - Overview
- Exhibit 162: Huawei Technologies Co. Ltd. - Business segments
- Exhibit 163: Huawei Technologies Co. Ltd. - Key news
- Exhibit 164: Huawei Technologies Co. Ltd. - Key offerings
- Exhibit 165: Huawei Technologies Co. Ltd. - Segment focus

12.11 Indra Sistemas SA
- Exhibit 166: Indra Sistemas SA - Overview
- Exhibit 167: Indra Sistemas SA - Business segments
- Exhibit 168: Indra Sistemas SA - Key offerings
- Exhibit 169: Indra Sistemas SA - Segment focus

12.12 International Business Machines Corp.
- Exhibit 170: International Business Machines Corp. - Overview
- Exhibit 171: International Business Machines Corp. - Business segments
- Exhibit 172: International Business Machines Corp. - Key news
- Exhibit 173: International Business Machines Corp. - Key offerings
- Exhibit 174: International Business Machines Corp. - Segment focus

12.13 Robert Bosch GmbH
- Exhibit 175: Robert Bosch GmbH - Overview
- Exhibit 176: Robert Bosch GmbH - Business segments
- Exhibit 177: Robert Bosch GmbH - Key news
- Exhibit 178: Robert Bosch GmbH - Key offerings
- Exhibit 179: Robert Bosch GmbH - Segment focus

12.14 Siemens AG
- Exhibit 180: Siemens AG - Overview
- Exhibit 181: Siemens AG - Business segments
- Exhibit 182: Siemens AG - Key news
- Exhibit 183: Siemens AG - Key offerings
- Exhibit 184: Siemens AG - Segment focus

12.15 Teleste Corp.
- Exhibit 185: Teleste Corp. - Overview
- Exhibit 186: Teleste Corp. - Product / Service
- Exhibit 187: Teleste Corp. - Key offerings

12.16 Thales Group
- Exhibit 188: Thales Group - Overview
- Exhibit 189: Thales Group - Business segments
- Exhibit 190: Thales Group - Key news
- Exhibit 191: Thales Group - Key offerings
- Exhibit 192: Thales Group - Segment focus

12.17 ZTE Corp.
- Exhibit 193: ZTE Corp. - Overview
- Exhibit 194: ZTE Corp. - Business segments
- Exhibit 195: ZTE Corp. - Key news
- Exhibit 196: ZTE Corp. - Key offerings
- Exhibit 197: ZTE Corp. - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 198: Inclusions checklist
- Exhibit 199: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 200: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 201: Research methodology
- Exhibit 202: Validation techniques employed for market sizing
- Exhibit 203: Information sources

13.5 List of abbreviations
- Exhibit 204: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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