Passenger Information System Market to reach USD 15,284,564.68 thousand by 2028 | Market analysed by Size, Trends, Analysis, Future Scope, and Demand Forecast

Global passenger information system market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 8.7% in the forecast period of 2022 to 2029 and is expected to reach USD 15,284,564.68 thousand by 2029. Rising demand for intelligent public transportation system is boosting the market.

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Passenger Information System Market research report comprises comprehensive information about target markets or customers. Analytical study of this market document aids in articulating growth strategies to augment sales and build brand image in the market. This market report supports the business to take better decisions for the successful future planning in terms of current and future trends in particular product or the industry. The key factors of this Passenger Information System Market report are made up of primary research, benchmarking studies, secondary research, company profiles, competitive intelligence & reporting, syndicated research, data collection, data processing and analysis, survey design, and survey programming.

PASSENGER INFORMATION SYSTEM MARKET SEGMENTATION

• On the basis of product, the global passenger information system market is segmented into hardware, software, and services. In 2022, the software segment is expected to dominate the market as it is very convenient to use and is accessible round the clock.
• On the basis of type, the global passenger information system market is segmented passenger information display systems, passenger information announcement systems, emergency communication systems, infotainment systems, and passenger information mobile application. In 2022, the passenger information display systems segment is expected to dominate the market as it has a wide range of applications across the transportation industry due to rise in the number of passengers.
• On the basis of location, the global passenger information system market is segmented into on board and in station. In 2022, the on board segment is expected to dominate the market as the number of fleets or the vehicles for transportation is increasing year on year.
• On the basis of transportation, the global passenger information system market is segmented into railways, roadways, and airways. In 2022, the railways segment is expected to dominate the market as passengers prefer travelling through railways more compared to other means of transportation.

PASSENGER INFORMATION SYSTEM MARKET COUNTRY LEVEL ANALYSIS

• The countries covered in the Global Passenger Information System Market report are

 U.S.
 Canada
 and Mexico in North America
 Germany
 U.K.
 France
 Italy
 Spain
 Netherlands
 Switzerland
 Russia
 Belgium
 Turkey
 and Rest of Europe
 China
 Japan
 India
 South Korea
 Singapore
 Malaysia
 Australia
 Thailand
 Indonesia
 Saudi Arabia
 U.A.E
 South Africa
 Egypt
 Israel
 and Rest of the Middle East and Africa
 Brazil
 Argentina

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