Description: The global railway management system market size was valued at USD 61.01 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 140.30 Billion by 2033, exhibiting a CAGR of 9.21% from 2025-2033. Europe currently dominates the market, holding a market share of 32.7% in 2024. The market is witnessing significant growth, driven by rising urbanization, technological advancements, government investments, and the expansion of high-speed rail networks, with increasing emphasis on passenger safety, smart ticketing systems, and energy-efficient solutions.
Category: Technology
Tag: Railway Management System Market