Passenger Information System Market By Component (Hardware, Software, And Services), Solution (Information Display System, Announcement Systems, Infotainment Systems, Passenger Information Mobile Applications, And Emergency Communication Systems), And Mod

The passenger information system (PIS) is a solution, which provides relevant real time information to the passengers regarding the status of transportation mediums such as airplanes, trains, and buses. Passenger information system is the operating tool responsible for providing visual and audio information to passengers at stations and other transfer facilities. It includes information management related to routes through various platforms such as screens, indicator panels, and others. Moreover, it can be accessed from many channels such as internet-connected devices, computers, and phones. Web application for PIS displays real-time schedule information, and trip planning tool for the passengers can be accessed from any internet-connected device at real time.

Request-Sample:  https://www.bigmarketresearch.com/request-sample/2623329

The growth of the passenger information system market is driven by the factors such as the need of transit agencies to keep passengers informed about their journey, increased adoption of IoT solutions in the transportation sector, surge in adoption of intelligent transportation systems, and rapid increase in the mobility solutions. In addition, development of the telecommunication sector has resulted in advanced data transfer capabilities, which propel the growth of this market. Moreover, growth in transportation sector and upsurge in demand of passengers to have real-time transit information drive the growth of the PIS market. However, dearth of advanced infrastructure facilities to install passenger information system and high cost associated with implementation & management of these systems hamper the growth of this market. On the contrary, adoption of cloud and big data technologies among developing economies is expected to create great opportunities for the market during the forecast period.

Purchase-Enquiry: https://www.bigmarketresearch.com/purchase-enquiry/2623329

The global passenger information system market is segmented based on component, solutions, mode of transportation, and geography. By component, the market is divided into hardware, software, and service. On the basis of solution, it is categorized into information display system, announcement systems, infotainment systems, passenger information mobile applications and emergency communication systems. Depending on mode of transportation, it is classified into airway, railway, and roadway. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The major players operating in the passenger information system market are Alstom, Cubic Corporation, Hitachi, Ltd., Indra, Mitsubishi Electric Corporation, Siemens, Singapore Technologies Electronics Limited, Teleste Corporation, Thales, and Toshiba Corporation.

KEY BENEFITS

The study provides an in-depth analysis of the global passenger information system market along with current & future trends to elucidate the imminent investment pockets.
Information about key drivers, restraints, and opportunities and their impact analysis on the market size is provided.
Porter’s Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
Quantitative analysis from 2016 to 2025 is provided to determine the market potential.
Request-for-Discount: https://www.bigmarketresearch.com/request-for-discount/2623329

KEY MARKET SEGMENTS

BY COMPONENT

Hardware
Software
Service
BY SOLUTION

Information Display System
Announcement System
Infotainment System
Passenger Information Mobile Applications
Emergency Communication Systems
BY MODE OF TRANSPORTATION

Airway
Railway
Roadway
BY REGION

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Request-for-Customization:     https://www.bigmarketresearch.com/request-for-customization/2623329

KEY MARKET PLAYERS

Alstom
Cubic Corporation
Hitachi, Ltd.
Indra
Mitsubishi Electric Corporation
Siemens AG
Singapore Technologies Electronics Limited
Teleste Corporation
Thales
Toshiba Corporations
NEED MORE INFORMATION

Contact us 
+ 1-800-910-6452 
+1-971-202-1575 
+91 20 66346066 
--- or --- 
help@bigmarketresearch.com

Making leaps strategically by taking recent trends, growth opportunities, and emerging markets into consideration is crucial for achieving targets and long-term growth in this fiercely competitive market. We, at Big Market Research, adhere to this principle to serve your research requirements better.

Big Market Research has a range of research reports from various publishers across the world. Our database of reports of various market categories and sub-categories would help you find the exact report you may be looking for. We are instrumental in providing quantitative and qualitative insights on your area of interest by bringing reports from various publishers at one place to save your time and money. A lot of organizations across the world are gaining profits and great benefits from information gained through reports sourced by us.

Big Market Research is striving to help businesses, investors, organizations, new entrants, and corporations by offering a collection of reports that cater to their research needs. Our research reports highlight current industry trends, development scope, and estimations of market size over the next few years. We reduce your efforts find the reports through a systematic approach and arrangement in appropriate categories and subcategories.

Moreover, we offer customization services for the research reports through a close coordination with publishers to understand and fulfill your research requirements. Big Market Research’s team of coordinators work closely with clients and publishers, assist them with expert inputs, and offer relevant and precise research reports to fulfill business requirements at the best price. Above all, we value a healthy business relationship.

Global Head Quarters

5933 NE Win Sivers Drive, #205, Portland, OR 97220 United States
call answer Direct:+1-971-202-1575
call answer Toll Free:+1-800-910-6452

This release was published on openPR.