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Railway Telematics Market to Double by 2034, Surging Toward USD 14.5 Billion Amid Digitization of Rail Logistics – FMIBlog

Summary by FMIBlog
Railway Telematics Market The railway telematics market is estimated to reach USD 7.1 billion in 2024 and is poised for remarkable expansion in the years ahead. Projected to grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2034, the market is expected to double in size and attain a valuation of USD 14.5 billion by the end of the forecast period. This growth is being driven by rising global investments in intelligent transportati…
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FMIBlog broke the news in on Wednesday, May 14, 2025.
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