Global Smart Railways System Market to Grow at a CAGR of 26.76% over 2015-2019: India to Invest Heavily for Smart Railway Projects
Traffic congestion on roadways has increased the demand for railways. Compared to other modes of transportation, people find trains are more feasible and convenient to travel. Moreover, railways are considered as a safer and cleaner option when compared to roadways. An increase in the demand for railway transport has made it mandatory for railway operators to make their systems more advanced and automated. A smart railway system comprises solutions, devices and components, and services, which automates and optimises the usage...
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