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Connected Rail Market to Reach $143 8 Billion, Globally, by 2031 at 5 4% CAGR: Allied Market Research

Increase in integration of the internet of things (IoT) in the railway industry, rise in demand for safety and compliance in rail transit, freight, and passenger capacity drive the global connected

Smart Railway Market to Reach $38 46 Billion, Globally, by 2027 at 12 8% CAGR, Says Allied Market Research

Share this article Share this article PORTLAND, Ore., Jan. 19, 2021 /PRNewswire/ Allied Market Research published a report, titled, Smart Railway Market  by System (Passenger Information System, Rail & Freight Operations Management System, Smart Safety & Security Monitoring System, Rail communication & Networking System, Smart Ticketing System, Rail Analytics System, and Others) and Offering Type (Solutions, Components & Devices, and Services): Global Opportunity Analysis and Industry Forecast, 2020–2027 According to the report published by Allied Market Research, the global smart railway industry garnered $18.30 billion in 2019 and is anticipated to reach $38.46 billion by 2027, growing at a CAGR of 12.8% in between 2020 to 2027. Download Report Sample (255 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/412

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