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2025-12-10 04:06:39 -

Railway Telematics Market 2030: How IoT is Changing Trains

The global railway telematics market was valued at USD 11.26 billion in 2022 and is projected to reach USD 18.37 billion by 2030, expanding at a CAGR of 6.7% from 2023 to 2030. Market growth is driven by the rising need for safe, secure, and efficient transportation systems. Advanced transport networks equipped with upgraded telematics technologies contribute to fewer operational...

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