Connected Rail Industry - Overview, Trends, Key Drivers and Growth Forecasts Till 2030
The global connected rail market was valued at USD 98.04 billion in 2024 and is forecasted to reach approximately USD 133.45 billion by 2030, expanding at a compound annual growth rate (CAGR) of 5.7% from 2025 to 2030. This consistent market growth is primarily fueled by accelerating urbanization, a rising demand for efficient and reliable mass transit systems, and an increasing emphasis on...
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