Global IT Spending in Railways Market to grow at a CAGR of 15.93% during 2016-2020: Key Vendors Accenture plc, ALTEN SA, IBM Corp., SAP SE

ResearchMoz added Latest Research Report titled "Global IT Spending in Railways Market 2016-2020 Market Research Report " to it's Large Report database.

About Information Technology Spending in Railways

Railway infrastructure plays a vital role in the economic and social development of a country. Globally, the traffic congestion on roads has increased. As a result, people choose trains as a mode of transportation as it is a more feasible and convenient option, especially for long-distance traveling. The rise in passenger and freight traffic has led to a surge in the adoption of IT solutions in railways.
Integration of IT solutions has not only improved operational efficiency and passenger travel experience but also reduced overall costs. Therefore, IT solutions have become a core component of almost all railway operations from ticketing to logistics handling to catering. Railway systems have improved significantly in the fields of security, operations, and customer services with the extensive use of information communications and technology (ICT). New technologies, such as Internet Protocol (IP)-based networks and high bandwidth systems, are used to strengthen security and safety in railways. Mobile services are integrated with railway information systems to improve customer services and enhance travel experience.

Download free Sample PDF report with TOC: http://www.researchmoz.us/enquiry.php?type=S&repid=685189

Technavios analysts forecast the global IT spending on railways market to grow at a CAGR of 15.93% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global IT spending on railways market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Information Technology Spending in Railways Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Read All ICT Market Research Reports @ http://www.researchmoz.us/ict-market-reports-96.html

Table of Content

PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Economic overview
PART 06: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 07: Market segmentation by category
Global IT spending on railways market by category
Services
Software
Hardware
PART 08: Geographical segmentation
Global IT spending on railways market by geography
EMEA
Americas
APAC
PART 09: Market drivers
PART 10: Impact of drivers

About ResearchMoz

ResearchMoz is the world's fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz's service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

Contact Us:

Mr. Nachiket
Albany NY - 12207
United States
Tel: +1-518-621-2074
Tel: 866-997-4948 (Us-Canada Toll Free)
Email: sales@researchmoz.us
Follow us on LinkedIn at: http://bit.ly/1TBmnVG