The rail transport sector is witnessing the growing trend of IoT and digitalization, where interconnected devices and data-driven technologies are transforming operations. The IoT sensors on trains & tracks provide real-time data on performance, maintenance needs, and passenger behavior. Digitalization enhances scheduling, asset management, and passenger services. This trend optimizes efficiency, safety, and passenger experience by enabling predictive maintenance, efficient resource allocation, and real-time information sharing. As rail transport becomes more interconnected & data focused, IoT and digitalization will reshape the industry's capabilities & competitiveness.