Tremendous Rise in Asia Pacific Railway Cyber Security Market with CAGR Value 10% during 2020-2027| Capgemini, Hitachi, IBM Corporation – KSU
tipApril 26, 2021 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 operat...