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Global Passenger Information System Market 2020-2025 - Analysis, Forecasts & Segments by Mode of Transport, Component, System Type, Location, Keyplayers and Region

08-06-2020 02:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Global Passenger Information System Market

Global Passenger Information System Market

According to the new research report by IMARC Group, the global passenger information system market grew at a CAGR of around 14% during 2014-2019. Looking forward, the market is expected to continue its moderate growth during the next five years.

A passenger information system (PIS) is a communication platform between a transit agency and passengers. It is also known as a customer information system and provides real-time information to users about public transport via voice, visual or other media. PIS helps in obtaining data about schedules, entertainment, news broadcasts, and emergency communication services. In line with this, it allows passengers to get relevant information regarding the status of various transportation mediums and facilitating them to plan their journeys better.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/passenger-information-system-market/requestsample

Market Trends

The growing demand by passengers to receive reliable and accurate real-time transit information is propelling the growth of the passenger information system market. Moreover, the increasing adoption of intelligent transportation systems along with the growing advancements in the telecommunication industry to enable faster data transfer capabilities, is also inducing the demand for the passenger information system. Additionally, the several technological advancements, such as the Internet-of-Things (IoT), cloud computing, and big data analytics, in the transportation sector are also driving the sales of passenger information systems across the globe.

Browse full report with detailed TOC and list of figures and tables: ​https://www.imarcgroup.com/passenger-information-system-market

Insights on Market Segmentation:

Breakup by Mode of Transport:

Airways
Railways
Roadways

Breakup by Component:

Hardware and Software
Services

Breakup by System Type:

Multimedia Displays
Audio Systems
Computing Systems
Networking and Communication Devices
Video Surveillance Systems
Content Management System
Others

Breakup by Location:

On Board
In Station

Breakup by Region:

North America
Asia Pacific
Europe
Latin America
Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Advantech Co. Ltd., Cisco Systems Inc., Cubic Corporation, Hitachi Ltd., Huawei, Indra Sistemas S.A., Infax Inc., Mitsubishi Electric Corp., Passio Technologies, Siemens and Teleste Oyj.

Browse related reports:

Infrared Imaging Market Report: https://www.imarcgroup.com/infrared-imaging-market

Real-Time Bidding Market Report: https://www.imarcgroup.com/real-time-bidding-market

IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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