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Railway Management System Market worth $61.9 billion by 2025 - Exclusive Report by MarketsandMarkets™


 by Solution (Rail Asset Management, Track Monitoring, Revenue Management, Intelligent Signaling System, Route Planning & Scheduling, PTC, CBTC, PIS, Security & Analytics), Service, and Region - Global Forecast to 2025 , published by MarketsandMarkets™, the Railway Management System Market size to grow from USD 40.8 billion in 2020 to USD 61.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 8.7% forecast period.
Railway management system solutions have spurred tremendous growth opportunities for technology vendors and various associated service providers. Factors contributing to the high growth rate in these regions are the increasing need for efficient rail operations, rising PPP model and government initiatives, growing population and hyper-urbanization, and increasing congestion due to aging railway infrastructure. These factors are also expected to shape the future of the global Railway Management System Market. ....

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