Outlook of It Spending in Railways Market Report During 2016-2020

RnRMarketResearch.com adds Global IT Spending in Railways Market 2016-2020 a new research reports in its store. The analysts forecast global IT spending on railways market to grow at a CAGR of 15.93% during the period 2016-2020.

Complete report available at http://www.rnrmarketresearch.com/global-it-spending-in-railways-market-2016-2020-market-report.html .

Railway infrastructure plays a vital role in the economic and social development of a country. Globally, the traffic congestion on roads has increased. As a result, people choose trains as a mode of transportation as it is a more feasible and convenient option, especially for long-distance traveling. The rise in passenger and freight traffic has led to a surge in the adoption of IT solutions in railways.

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The report covers the present scenario and the growth prospects of the global IT spending on railways market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market.

The market is divided into the following segments based on geography: Americas, APAC, MEA

The report, Global Information Technology Spending in Railways Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors :Accenture plc, ALTEN SA, Altran Technologies SA, IBM Corp., SAP SE

Other prominent vendors : ABB, Alcatel-Lucent, Alstom, Ansaldo, Bombardier, Capgemini, CGI Group, Cisco Systems, CSC, GE Transportation, Hitachi, Huawei Technologies, Indra Sistemas, Infosys, Siemens

TCS, Tech Mahindra,...