The railway signalling system is the basic railway traffic management system. Constant changes in technology and traffic safety requirements have resulted in numerous solutions applied to date. The complexity of the railway management system dictates changes. However, the importance, volume and security of the railway management systems caused a rather slow adjustment to new technologies. Today, the main pillars of the development of new advanced systems are the Internet of Things, cloud computing, artificial intelligence, data analysis, Industry 4.0 and cyber-physical systems. Therefore, this paper will present the development of a cyber-physical model of the signalling system of a single-track railway. Observing the railway signalling system as a unique cyber-physical model enables the introduction of layered development and infrastructure upgrade. Such a comprehensive approach represents a kind of a turnaround in industrial development and planning, which results in more lasting solutions in the fields of traffic safety, efficiency and maintenance.