Global Passenger Information System Market was valued at USD 1.50 Billion in 2022 and is projected to reach USD 3.25 Billion by 2030, growing at a CAGR of 10.90% from 2024 to 2030.
The Global passenger information system (PIS) market is experiencing significant growth due to increasing demand for advanced transportation solutions. The rise in urbanization and population growth is driving the need for efficient public transportation networks, which are heavily reliant on PIS. This market is expanding as transportation authorities across the world seek to improve the overall travel experience, offering real-time data on train, bus, and flight schedules, traffic information, and passenger notifications. Additionally, the development of smart cities and increased government investments in digital infrastructure are contributing to the market's expansion. The market is also benefiting from the increasing integration of Internet of Things (IoT) devices and cloud technologies, providing better connectivity and data management for transportation systems. The market is expected to continue its growth trajectory, fueled by the rising demand for enhanced passenger experiences and operational efficiency. Key trends in the market include the development of advanced digital signage systems, mobile applications, and integrated solutions that offer seamless connectivity. As the focus on sustainability increases, environmentally friendly transportation systems are becoming a significant factor in shaping the market. Opportunities in the PIS market are further amplified by the growing adoption of artificial intelligence (AI) and big data analytics for predictive maintenance, route optimization, and personalized services. Moreover, the increasing need for safety and security in transit systems, alongside the ongoing trend of contactless technology, is creating new avenues for market players to capitalize on. With these technological advancements, the PIS market is poised for continued growth across various regions.
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EKE-Electronics
Teleste Corporation
Atos SE
Televic Group
SAIRA Electronics
AMiT
Indra
Thales Group
Mitsubishi Electric
Toshiba
Toyo Denki
Neusoft
Potevio
Sunwin Intelligent
Beijing Century Real Technology
GLARUN TECHNOLOGY
Shenzhen Beihai Rail Transit Technology
Contron
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Gloabl Passenger Information System Market
Software Solutions
Hardware Components
Public Transportation
Commercial Transport
Event Management
LED Displays
LCD Displays
Mobile Applications
Audio Announcements
Government Agencies
Transportation Service Providers
Event Organizers
Travel Agencies
Real-Time Updates
Interactive Interfaces
Multi-Language Support
Emergency Notifications
US (Global, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Gloabl Passenger Information System Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Gloabl Passenger Information System Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Gloabl Passenger Information System Market, By Type
6. Gloabl Passenger Information System Market, By Application
7. Gloabl Passenger Information System Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. Gloabl Passenger Information System Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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