Increasing suicide instances and growing need to minimize the risk of unauthorized access to platforms to drive the growth of United States railway platform security market.
According to TechSci Research report, “United States Railway Platform Security Market By Component (Solutions and Services), By Application (Subways and Trains), By Region, Forecast & Opportunities, 2025”, the United States railway platform security market is expected to grow at a substantial rate during the forecast period on account of increasing demand for additional support and advanced solutions for security management. Additionally, rising cases of suicides coupled with growing need to minimize the risk of unauthorized access to platforms are some of the major factors responsible for driving the growth of market during forecast period. In order to restrict unauthorized access several measures are implemented with help of control systems in need to ensure high level of security of goods as well as passengers at the platform as these systems automate entry and exit operations, thereby securing the crucial areas. Some of these control measures includes installation of CCTVs at high-risk locations, fencing for railway tracks, intensification of supervision and the provision of information to risk groups.
The United States railway platform security market is segmented based on component, application, company and region. Based on component, the market can be categorized into solutions and services. The service segment is further bifurcated into professional services and managed services. Out of which, professional services segment is expected to dominate the market in terms of largest market share during forecast period because of the use of the comprehensive strategies, latest techniques and skills for ensuring the implementation of the right kind of security solutions essential for railway platforms. Furthermore, it aids the deployment of security solutions by using industry-defined best practices, which is bolstering the segment growth in the years to come. Also, the managed services segment is forecast to grow at the highest CAGR during the forecast years. Managed service vendors remotely manage clients’ IT infrastructure and systems for recovering business-critical data. Moreover, these managed service providers (MSPs) provides best-in-class services by delivering technologically advanced offerings to their commercial clients. They are designed to provide the technical support, achieve cost optimization and to the maximize overall performance.
Honeywell, FLIR Systems, Zhejiang Dahua, STANLEY, Wabtec, Avnet, Anixter and others are some of the leading players operating in United States railway platform security market. In September 2019, Honeywell launched a new software that simplifies, strengthens, and scales cybersecurity for asset-intensive businesses and critical infrastructure facing cyber threats. This software improves cybersecurity compliance by securely moving data from one site to another and uses operations data to boost endpoint and network security.
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“United States railway platform security market is expected to witness significant growth during the forecast period owing to rapid deployment of surveillance solutions and platform screen doors (PSDs) in the country. Additionally, smart transportation, high-speed rail and ongoing railway modernization projects are some other factors aiding the growth of railway platforms security market in the country. Also, rising investments for digital transformation coupled with increasing GDP results in an increase in the demand for railway platform security in the country. The entrance of large number of visitors lead to unmanageable crowds on railway platforms, and presence of many unmanned entry and exit points at stations causes security threats therefore, the market is anticipated to witness significant demand in the country.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“United States Railway Platform Security Market By Component (Solutions and Services), By Application (Subways and Trains), By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of United States railway platform security market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in United States railway platform security market.
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