Opportunity Analysis for Rail Operators—Growth and Evolution to Newer Businesses
Technology has caused revolutionary transformations in businesses and industries worldwide. The Internet has allowed for the creation of marketplaces that have caused enormous disruption to traditional participants across various industries. The railway sector, globally, has faced tough competition from participants in road transportation. As landscapes change through innovation of concepts such as ride-sharing and mobile freight brokering, the rail industry might need to be aggressive to embrace change.
About this report
This market insight provides an outlook of growth opportunities in the rail operator business around the world. The growth of new marketplaces, enabled through increased penetration mobile, is rapidly changing the way customers engage with transport operators. Rail transportation has faced heavy competition from other modes of transportation—primarily from road transport. The transport market is highly competitive with conventional road transportation providers facing high levels of disruption with further possible dilution of railway modal share. The insight discusses the key trends and opportunities and market forces in the rail operator market; it also highlights competitive factors and key approaches.
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