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Rail and metro cyber security refers to tools and techniques, which are designed to protect network, devices &programs, and data transferred within or outside the rail or metro. Rail and metro cyber security market includes train tracking &monitoring, checking railway signalling system, damages, and unauthorised access from external entities. Railway cyber security provides security to the railway by two types, infrastructural and on-board, where infrastructural is internal security and on-board is external security. With increase in the number of security breaches and hacking by hackers, this service is helpful to provide security to railways.
COVID-19 scenario analysis:
Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis
Government rules with insurance facility and adoption of IoT & automation technologies boost the rail and metro cyber security market.Moreover, high cost and lack of progression in developing nations restrain the growth of the sector. Furthermore, urbanization and expanding network of railways provide lucrative opportunities for the rail and metro cyber security market.
Government rules to provide insurance facility
Government rules regarding passenger safety and technological development is the one of the major reason for the growth of the market. These types of securities are necessary as trains and metros cover wide locations.In addition,governments provide insurance facilities for the safety of travellers,therebydrivingthe growth of the market.
Adoption of IoT & automation technologies
Increase in adoption of automation & IoT technologies in the transportation sector has increased the demand for rail and metro cyber security. Automation & IoT technologies help to determine the real-time information about the surroundings. In addition, threat of system hacking is present as the system can be accessed through internet. Therefore,adoption of IoT & automation technologies leads to the growth of the rail and metro cyber security market.
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Questions answered in the rail and metro cyber security market research report:
Rail and Metro Cyber Security Market Report Highlights
Aspects | Details |
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By Type |
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By Security |
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By Component |
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By Region |
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Key Market Players | Huawei, General Electric, Bombardier, Cisco, Siemens, Hitachi, United Technologies, Thales, Alstom, Nokia Networks, IBM |
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