For maintaining the operational efficiency of rail infrastructures, governments are actively focusing on optimisation trends. Railways management systems are being deployed across railway administrations across the globe. Travel time simulation, timetable management, driver mission management, and rolling stocks management are among the key trends influencing the adoption of railways management systems. \

According to Future Market Insights, the global market for railways management systems is anticipated to expand vigorously in the upcoming years. By the end of 2022, the global railways management system market is poised to be worth nearly US$ 5 billion. The report offers an exclusive study on the global railways management system market, revealing key presumptive scenarios for market expansion. Over the forecast period, 2017-2022, the global market for railways management systems is expected to register a value CAGR of 10.4%.

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The report has anticipated that North America will dominate the global railways management system market in terms of revenues. With a robust rail infrastructure in this region, a majority of freight and logistics operations in the US and Canada are carried out through railways. By the end of 2022, the railways management system market in North America is pegged to be worth over US$ 1.7 billion.

The adoption of railways management systems in Asia-Pacific excluding Japan (APEJ) is also expected to gain considerable traction. Considering how efficient railway transportation has served as a mainstay for economic development in several APEJ countries, the railways management system market in this region is expected to expand at a robust CAGR during the forecast period.

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With respect to adoption of railways management systems, traffic planning solutions and track management systems are anticipated to gain considerable traction. In 2017, revenues procured from adoption of these two solutions is estimated to account for over 40 percent of the overall value of global railways management system market. While majority of railways management systems are being deployed with on-premise models, the report estimates a promising growth in demand for cloud deployment. Through cloud deployment, around US$ 2 billion worth of railways management systems are anticipated to be adopted globally by the end of 2022.

The report has also profiled key developers of railways management systems in the global market. Companies namely, GAO RFID, Hitachi, Ltd., Amadeus IT Group, S.A, Cisco Systems, Inc., ABB Limited, IBM Corporation, Thales S.A., Toshiba Corporation, General Electric Co., and Huawei Technologies Co., Ltd. are expected to remain active in global expansion of railways management system market over the span of next five years.

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