Market Overview:
The global railway revenue management system market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth of the market can be attributed to the increasing adoption of cloud-based railway revenue management systems and rising demand for passenger rail services. North America is expected to dominate the global railway revenue management system market in terms of revenue, followed by Europe and Asia Pacific.
Product Definition:
Railway Revenue Management System is a computerized system that manages the revenue collection and accounting functions of a railway transportation organization. The system allows for the automated tracking of fares, ticketing, and reservations; as well as the management of freight levies and other charges. Railway Revenue Management Systems are important because they allow transportation organizations to more efficiently manage their revenue collections, track customer usage trends, and identify areas for cost savings.
On-premise:
On-premise is a system that is installed and operated from the same physical location where the software and hardware are located. In other words, it's an installation of an application or service where all components are present; this includes database as well as hardware/software. It's primary advantage over cloud-based solutions is that there’s no need for a separate physical location for hosting services, which makes on-premise systems more secure in nature.
Cloud-based:
Cloud-based is a term used to define software or applications that are hosted by a third party on their server. The data and application are remotely accessible from any location in the world. Cloud-based solutions offer various advantages such as increased efficiency, reduced IT costs, and easy accessibility of data from any place in the world. It also helps organizations to focus more on core competencies instead of managing IT infrastructure which can be managed easily with remote access through cloud based services.
Application Insights:
The passenger rail companies segment held the largest revenue management system market share in 2017. This is attributed to the increasing number of passengers traveling by train and growing preference for flexible travel options among consumers. The goods rail companies segment is expected to register a significant growth rate over the forecast period owing to rising demand for intermodal transport services, which facilitate seamless transfer from trains to road vehicles.
The key benefits offered by these systems include cost reduction, on-time delivery and door-to-door tracking of shipments. These solutions also help reduce inventory levels at stations and yards as well as improve visibility of operations with real-time data provided on a dashboard display.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional segment over the forecast period. The growth can be attributed to increasing investments in India and China by various governments for improving rail infrastructure. For instance, in 2015, the Indian government announced “Uday scheme†with an investment of USD X billion for developing 100 smart cities along railway routes in partnership with railways. Similarly, China has planned to invest around USD X trillion from 2016 to 2020 on a high-speed railway network that would link major cities including Beijing and Shanghai with New Delhi and Mumbai among other destinations.
Growth Factors:
- Increasing demand for railway transportation services owing to the growth of the global economy.
- The need for an efficient and reliable railway revenue management system in order to manage growing passenger and freight traffic volumes.
- Implementation of new technologies and innovative solutions that can improve the efficiency of railway revenue management systems.
- Growing focus on cost-effective transportation solutions, which is driving the adoption of Railway Revenue Management Systems market globally
Scope Of The Report
Report Attributes
Report Details
Report Title
Railway Revenue Management System Market Research Report
By Type
On-premise, Cloud-based
By Application
Passenger Rail Companies, Goods Rail Companies
By Companies
CloudMoyo, S3 Passenger, Accelya, JDA, SAP, ExPretio, Revenue Technology Services, Accenture and Rail Solutions
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Railway Revenue Management System Market Report Segments:
The global Railway Revenue Management System market is segmented on the basis of:
Types
On-premise, Cloud-based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Rail Companies, Goods Rail Companies
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CloudMoyo
- S3 Passenger
- Accelya
- JDA
- SAP
- ExPretio
- Revenue Technology Services
- Accenture and Rail Solutions
Highlights of The Railway Revenue Management System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On-premise
- Cloud-based
- By Application:
- Passenger Rail Companies
- Goods Rail Companies
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Railway Revenue Management System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Railway revenue management system (RRMS) is a computerized system used by railway companies to manage their revenues. RRMS helps railways predict and plan for future demand, allocate resources efficiently, and monitor performance.
Some of the key players operating in the railway revenue management system market are CloudMoyo, S3 Passenger, Accelya, JDA, SAP, ExPretio, Revenue Technology Services, Accenture and Rail Solutions.
The railway revenue management system market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Railway Revenue Management System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Railway Revenue Management System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Railway Revenue Management System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Railway Revenue Management System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Railway Revenue Management System Market Size & Forecast, 2018-2028
4.5.1 Railway Revenue Management System Market Size and Y-o-Y Growth
4.5.2 Railway Revenue Management System Market Absolute $ Opportunity
Chapter 5 Global Railway Revenue Management System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Railway Revenue Management System Market Size Forecast by Type
5.2.1 On-premise
5.2.2 Cloud-based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Railway Revenue Management System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Railway Revenue Management System Market Size Forecast by Applications
6.2.1 Passenger Rail Companies
6.2.2 Goods Rail Companies
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Railway Revenue Management System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Railway Revenue Management System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Railway Revenue Management System Analysis and Forecast
9.1 Introduction
9.2 North America Railway Revenue Management System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Railway Revenue Management System Market Size Forecast by Type
9.6.1 On-premise
9.6.2 Cloud-based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Railway Revenue Management System Market Size Forecast by Applications
9.10.1 Passenger Rail Companies
9.10.2 Goods Rail Companies
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Railway Revenue Management System Analysis and Forecast
10.1 Introduction
10.2 Europe Railway Revenue Management System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Railway Revenue Management System Market Size Forecast by Type
10.6.1 On-premise
10.6.2 Cloud-based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Railway Revenue Management System Market Size Forecast by Applications
10.10.1 Passenger Rail Companies
10.10.2 Goods Rail Companies
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Railway Revenue Management System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Railway Revenue Management System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Railway Revenue Management System Market Size Forecast by Type
11.6.1 On-premise
11.6.2 Cloud-based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Railway Revenue Management System Market Size Forecast by Applications
11.10.1 Passenger Rail Companies
11.10.2 Goods Rail Companies
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Railway Revenue Management System Analysis and Forecast
12.1 Introduction
12.2 Latin America Railway Revenue Management System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Railway Revenue Management System Market Size Forecast by Type
12.6.1 On-premise
12.6.2 Cloud-based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Railway Revenue Management System Market Size Forecast by Applications
12.10.1 Passenger Rail Companies
12.10.2 Goods Rail Companies
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Railway Revenue Management System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Railway Revenue Management System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Railway Revenue Management System Market Size Forecast by Type
13.6.1 On-premise
13.6.2 Cloud-based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Railway Revenue Management System Market Size Forecast by Applications
13.10.1 Passenger Rail Companies
13.10.2 Goods Rail Companies
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Railway Revenue Management System Market: Competitive Dashboard
14.2 Global Railway Revenue Management System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CloudMoyo
14.3.2 S3 Passenger
14.3.3 Accelya
14.3.4 JDA
14.3.5 SAP
14.3.6 ExPretio
14.3.7 Revenue Technology Services
14.3.8 Accenture and Rail Solutions
