Global Connected Rail Market Size, Trends & Growth Opportunity, By Service (Passenger Services and Mobility, Passenger Information System,), By Rolling Stock (Electric Locomotive, Diesel Locomotive, EMU, DMU), By Safety & Signaling System, By Region and Forecast from 2022- 2027.
Global Connected Rail Market
Global Connected rail market was valued at US$ 86,000 Mn and it is expected to reach at US$ 143,000 Mn by 2027, growing at a CAGR of 6.50% over the forecast period. 
The growth of connected rail is attributed to increasing population, urbanization, rising passenger concerns about safety and security, the provision of quick, efficient, and hassle-free services, the formulation of mandatory government regulations for the incorporation of smart features in the railway industry, and novelty in rail technology around the world. It provides an end-to-end solution design for rail infrastructure service delivery, such as connectivity onboard the train, at the trackside, and in stations and maintenance yards.
Market Drivers:
 Increase in demand of ease of operation in railway
The connected rail solution is useful for monetizing high bandwidth Internet on a moving train where data and transactions are handled via a Wi-Fi platform. It has several advantages, including allowing customers to work while travelling, which can be viewed as a powerful tool for increasing passenger rates and consumer satisfaction. Because of the various services provided by connected trains such as passenger mobility, passenger information systems, automated fare collection systems, 24*7 CCTV camera surveillance, predictive maintenance, and so on, an increasing percentage of train lines, particularly those that operate along passenger routes, offer free Wi-Fi connectivity in order to attract customers and keep existing ones happy.
Connected rail solutions improve dependability and safety. With recent advancements in maintenance, even the oldest trains can be made more reliable. Connected Trains have become device-laden, with sensors installed on critical components such as wheels, brakes, and engines. Tracks are also benefiting from the Internet of Things (IoT); some train networks have thousands of sensors deployed across their systems, measuring track stress and condition, air and track temperatures, and other variables that can be used to predict maintenance needs. The demand for connected trains has increased as a result of these benefits. This driver has a significant impact over the forecast period.
Market Restraints:
 Data security and privacy concerns
As IoT becomes more prevalent, enterprises demand improved security and privacy safeguards that do not expose them to corporate surveillance and data breaches. As the number of Internet of Things (IoT)-enabled railway systems grows, a slew of security and privacy concerns will emerge, and every endpoint, sensor, gateway, and smartphone will become a potential target for hackers. IoT devices measure pressure, speed, consumption, and temperature, while actuators control physical systems like valves, lights, brakes, power circuits, or automated drug dispensers.
Individual users must understand and configure security settings to protect their privacy. This necessitates a high level of IT security expertise and is thus more likely to fail. Addressing this issue would greatly enhance the public acceptance of IoT (Internet of things) consumer products. 
This factor hampers the demand for connected rail solutions over the forecast. The impact of this resistant is high
Opportunity:
 To offer connected car solution with advanced technologies
Companies in the connected rail market are focusing on providing solutions that use advanced technologies such as artificial intelligence, machine learning, big data, and so on.
Vehant Technologies, an Indian provider of Artificial Intelligence-based Physical Security, Surveillance, and Traffic Monitoring & Junction Enforcement Solutions, developed the FebriEye human body screening facility in September 2020, which is a thermal & vision camera that measures forehead temperature and detects face mask and social distancing violations.
Detecting passengers with coronavirus-like symptoms is critical during COVID-19. Central Railway (CR), based in Mumbai, India, has stated that it will use an AI-based camera to accomplish this. The camera can effectively scan passengers for COVID-like symptoms. AI-powered cameras can detect feverish rail passengers without the use of masks.
Market Segmentation
The Global Connected Rail Market is segmented into service such as Passenger Services and Mobility, Passenger Information System, IP Video Surveillance, Automated Fare Collection System, Train tracking and Monitoring System, and Predictive Maintenance, by Rolling Stock such as Electric Locomotive, Diesel Locomotive, EMU, DMU, and Subway/Metro Vehicle, Light rail/Tram Car, Freight Wagon, and Passenger Coach.  Further, market is segmented into Safety & Signaling System such as Positive Train Control (PTC), Automated/Integrated Train Control (ATC), and Communication/Computer Based Train Control (CBTC).
Also, the Global Connected Rail Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Global Connected Rail Market Analysis by Region
Over the forecast period, North America is expected to dominate market growth. One of the major factors driving market growth is the continuous advancement of technology. Continuous technological advancements improve railway efficiency, which raises the value of the railways. At the moment, outdated infrastructure and railway tracks are some of the constraints impeding the target market's growth.
Asia-Pacific (APAC) is expected to be the fastest-growing region in terms of connected rail market growth, owing to increased adoption of new technologies, increased investments in digital transformation, and growth in GDP (Gross Domestic Product) of Asia Pacific countries.
Market key Players
Various key players are discussed in this report such as Hitachi Limited, Calamp Corp., Tech Mahindra Limited, Sierra Wireless, Atos Corporation, IBM Corporation, Cisco Systems, Inc., Nokia Corporation, Robert Bosch GmbH, Siemens AG, etc. 
Market Taxonomy
By Service
• Passenger Services and Mobility
• Passenger Information System
• IP Video Surveillance
• Automated Fare Collection System
• Train tracking and Monitoring System
• Predictive Maintenance
By Rolling stock
• Electric Locomotive
• Diesel Locomotive
• EMU
• DMU
• Subway/Metro Vehicle
• Light rail/Tram Car
• Freight Wagon
• Passenger Coach
By Safety & Signaling System
• Positive Train Control (PTC)
• Automated/Integrated Train Control (ATC),
• Communication/Computer Based Train Control (CBTC)
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
 

Global Connected Rail Market TOC:
1 Introduction 
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Connected Rail Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Connected Rail Market, By Service
5.1 Y-o-Y Growth Comparison, By Service 
5.2 Global Connected Rail Market Share Analysis, By Service 
5.3 Global Connected Rail Market Size and Forecast, By Service
5.3.1 Passenger Services and Mobility
5.3.2 Passenger Information System
5.3.3 IP Video Surveillance
5.3.4 Automated Fare Collection System
5.3.5 Train tracking and Monitoring System
5.3.6 Predictive Maintenance
6 Global Connected Rail Market, By Rolling stock
6.1 Y-o-Y Growth Comparison, By Rolling stock
6.2 Global Connected Rail Market Share Analysis, By Rolling stock
6.3 Global Connected Rail Market Size and Forecast, By Rolling stock
6.3.1 Electric Locomotive
6.3.2 Diesel Locomotive
6.3.3 EMU
6.3.4 DMU
6.3.5 Subway/Metro Vehicle
6.3.6 Light rail/Tram Car
6.3.7 Freight Wagon
6.3.8 Passenger Coach
7 Global Connected Rail Market, By Safety & Signaling System
7.1 Y-o-Y Growth Comparison, By Safety & Signaling System
7.2 Global Connected Rail Market Share Analysis, By Safety & Signaling System
7.3 Global Connected Rail Market Size and Forecast, By Safety & Signaling System
7.3. 1 Positive Train Control (PTC)
7.3.2 Automated/Integrated Train Control (ATC),
7.3.3 Communication/Computer Based Train Control (CBTC)
8Global Connected Rail Market, By Region
8.1 Global Connected Rail Market Share Analysis, By Region
8.2 Global Connected Rail Market Share Analysis, By Region
8.3 Global Connected Rail Market Size and Forecast, By Region
9 North America Connected Rail Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Connected Rail Market Share Analysis, By Service
9.3 North America Connected Rail Market Size and Forecast, By Rolling stock
9.4 North America Connected Rail Market Size and Forecast, By Safety & Signaling System
9.5 North America Connected Rail Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10EuropeConnected Rail Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Connected Rail Market Share Analysis, By Service 
10.3 Europe Connected Rail Market Size and Forecast, By Rolling stock 
10.4 Europe Connected Rail Market Size and Forecast, By Safety & Signaling System
10.5 Europe Connected Rail Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Connected Rail Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Connected Rail Market Share Analysis, By Service 
11.3 Asia Pacific Connected Rail Market Size and Forecast, By Rolling stock 
11.4 Asia Pacific Connected Rail Market Size and Forecast, By Safety & Signaling System
11.5 Asia Pacific Connected Rail Market Size and Forecast, By Country
11.5.1 China 
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Connected Rail Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Connected Rail Market Share Analysis, By Service 
12.3 Latin America Connected Rail Market Size and Forecast, By Rolling stock 
12.4 Latin America Connected Rail Market Size and Forecast, By Safety & Signaling System
12.5 Latin America Connected Rail Market Size and Forecast, Country
13Middle East Connected Rail Market Analysis and Forecast (2022-2027)
13.1 Introduction
 13.2 Middle East Connected Rail Market Share Analysis, By Service 
13.3 Middle East Connected Rail Market Size and Forecast, By Rolling stock 
13.4 Middle East Connected Rail Market Size and Forecast, By Safety & Signaling System
13.5 Middle East Connected Rail Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 Hitachi Limited
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Calamp Corp
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Tech Mahindra Limited
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Sierra Wireless
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Atos Corporation 
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 IBM Corporation
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Cisco Systems, Inc
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies 
15.8 Nokia Corporation
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Robert Bosch GmbH
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Siemens AG
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies