RE:RE:RE:smart railways and smart space market "The global intelligent railway transport system market is expected to grow from USD~22 Billion in 2016 to USD 90 Billion by 2022, at an estimated CAGR of ~ 26.6%. The factors such as high cost involved in installation and lack of infrastructure for intelligent transport systems acts as an major restraints for this market.
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The prominent players in the market of Intelligent Railway Transport System market are ABB Group (Switzerland), Indra Sistemas, S.A. (Spain), Alstom S.A. (Saint-Ouen), Alcatel-Lucent S.A. (France), Bombardier Inc.(Canada), Huawei Technologies Co. Ltd. (China), Hitachi, Ltd. (Japan), Cisco Systems, Inc. (U.S.), Siemens AG (Munich), International Business Machines Corporation (U.S.), General Electric Company (U.S.), Ansaldo Signalling and Transportation Systems (Itlay) and among others."
https://menafn.com/1101358632/Intelligent-Railway-Transport-Systems-IRTS-Market-2020-Global-Size-Emerging-Opportunities-Developments-Industrial-Insights-Growth-Future-Trends-and-Regional-Forecast-to-2022