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Global Passenger Information System (PIS) Market Analysis by Size, Share, Top Key Manufacturers, Demand Overview to 2027

11-23-2020 12:34 PM CET | IT, New Media & Software

Press release from: QualiKet Research

Passenger information system (PIS) is the communication link between passengers and transit agency. It enables to provide information related to real time vehicle location, and status updates, timely announcements, and schedule of journey. PIS focus on improvements of the transit experience for passengers by entertaining the passengers through infotainment system.

Increase in demand for consistent, real time and reliable passenger information is the key driving factor which is expected to boost the global passenger information system (PIS) market growth. Furthermore, rise in penetration of smartphones with enhanced connectivity improves the transit experience will positively contribute the market growth. Moreover, increase in frequency of passenger journey through public transport which is expected to fuel the market growth in near future. Also, rise in adoption of Internet of things (IoT), cloud computing, and big data analytics to enhance passenger travel experiences will propel the global passenger information system market growth. Cloud computing is essential and advanced technology which adopted for automation of different mode of transportation especially in railways. The PIS utilizes cloud computing technology to track the position of busses and calculated the arrival time to be displayed on real time information system at the bus stop.

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However, high maintenance and installation cost of passenger information system is the major restraining factor which is expected to hinder the global passenger information system (PIS) market growth. Also, outdated infrastructure and poor internet connectivity across underdeveloped nations will affect the market growth.
Market Segmentation

Global Passenger Information System (PIS) Market is segmented into component such as Hardware, Software, and Service, by solution such as Information Display System, Announcement System, Infotainment System, Passenger Information Mobile Application, and Emergency Communication Systems. Further, market is segmented into mode of transportation such as Airway, Railway, and Roadway.

Also, Global Passenger Information System (PIS) Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as CISCO, CUBIC, WABTEC, ALSTOM, SIEMENS AG, HITACHI, HUAWEI, THALES, TELESTE, and MITSUBISHI ELECTRIC

Market Taxonomy

By Component

• Hardware
• Software
• Service

By Solution

• Information Display System
• Announcement System
• Infotainment System
• Passenger Information Mobile Application
• Emergency Communication Systems

By Mode of Transportation

• Airway
• Railway
• Roadway

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Get Discount on this Report @ https://qualiketresearch.com/request-sample/Passenger-Information-System-PIS-Market/ask-for-discount

Vishal Thakur
Research Support Specialist
QualiKet Research
6060 N Central Expy #500, TX 75204, U.S.A
sales@qualiketresearch.com
Website: https://qualiketresearch.com

QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.

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