Rail Asset Management Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the rail asset management industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected rail asset management market growth numbers 2021-2030.
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The Rail Asset Management Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global rail asset management market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Rail Asset Management Global Market Report 2021 covers rail asset management market drivers, rail asset management market trends, rail asset management market growth rate, rail asset management market major players, player-adopted strategies in the market, and rail asset management market size.
The global rail asset management market is expected to grow from $9.07 billion in 2020 to $9.85 billion in 2021 at a compound annual growth rate (CAGR) of 8.6%. The growth is in the rail asset management market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The rail asset management market is expected to reach $12.88 billion in 2025 at a CAGR of 6.9%.
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The report covers the rail asset management market segments-
1) By Solution: Asset Performance Management, Analytics, Asset Planning & Scheduling, Security, Workforce Management, Others
2) By Services: Professional Services, Managed Services
3) By Deployment Mode: Cloud, On-Premises
4) By Application: Rolling Stock, Infrastructure
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