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The on-premises segment held over 74% of the railway management system market share in 2022. Railway systems require localized control, data security, and consistent performance, making on-premises solutions more appealing. This model ensures direct control over infrastructure & data, thereby addressing the concerns about latency and compliance. As railways seek to modernize operations while ensuring reliability, on-premises solutions offer a robust way to align with their unique requirements, thereby contributing to its projected expansion within the market.
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The QNX segment accounted for 34% of the railway management system market share in 2022. Renowned for its real-time capabilities and reliability, QNX addresses the critical needs of railway systems by ensuring seamless communications, safety, and security. Its proven track record in safety-critical environments makes it an ideal choice in railway operations that require utmost precision. As the industry embraces digitalization and connectivity, the robustness of QNX in managing complex tasks while meeting the stringent safety standards will lead to remarkable expansion within the market.
For instance, in May 2022, Blackberry announced that the QNX OS for Safety 2.2 was set to receive the certification at Safety Integrity Level (SIL) 4. This standard is the highest level within the EN 50125 safety standard, as defined by the European Electrotechnical Committee for Standardization (CENELEC).
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Europe railway management system market recorded more than 34% of the revenue share in 2022.The region's well-developed rail infrastructure and the growing emphasis on enhancing transportation efficiency are driving the adoption of advanced management systems. The increasing demand for real-time data analytics, predictive maintenance, and improved passenger safety is fueling the integration of modern technologies.
Europe’s strong inclination toward digitization & IoT, coupled with investments in smart transportation solutions, will further amplify market expansion. As railways strive for optimized operations and enhanced passenger experiences, the region’s favorable regulatory environment and robust technological ecosystem will allow it to play a pivotal role in shaping the market demand.