Global market value of smart railway technology 2016-2021
The statistic shows the projected global market value of smart railway technology in 2016 and 2021. The development of metro and high speed rail projects integrated with smart transportation solutions is gaining more attention around the world; the smart railway market is estimated to be worth up to 20.6 billion U.S. dollars by 2021. The market includes devices and components, solutions, and services that benefit the railway companies to oversee more closely their rail operations.
