Press release
Passenger Information System Global Market to Reach $48.65 Billion by 2029 with a CAGR of 13.1%
Passenger Information System Market Size
What Is The Projected Market Size Of The Global Passenger Information System Global Market Report 2025 And Its Growth Rate?
• The passenger information system market has seen robust growth in recent years, growing from $27.2 billion in 2024 to $29.73 billion in 2025.
• The compound annual growth rate (CAGR) is projected to be 9.3%.
• The rise in urbanization and the growth of public transportation are key drivers.
• Future growth is expected, with the market projected to reach $48.65 billion by 2029.
• The CAGR from 2025 to 2029 is predicted to be 13.1%.
• New trends in passenger services, predictive analytics, cybersecurity, and sustainable transportation are potential contributors to this growth.
What Is Driving The Growth In The Passenger Information System Global Market Report 2025?
The continuous increase in the number of travelers and passengers is expected to stimulate the growth of the passenger information system market in the coming years. Passenger information systems provide real-time updates on the status of public transport and other useful information that enhances the commute experience for passengers and travelers. According to the International Air Transport Association, a trade association based in Canada, revenue passenger kilometers, a measure of total traffic, grew by 76.0%, and domestic traffic increased by 11.7% in March 2022 compared to March 2021. Thus, the growing number of travelers and passengers is driving the growth of the passenger information system market.
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Who Are the Key Players Driving Passenger Information System Global Market Report 2025 Growth?
• Huawei Technologies Co Ltd.
• Hitachi Ltd.
• Siemens AG
• Cisco Systems Inc.
• Mitsubishi Electric Corporation
• Toshiba Corporation
• Thales Group
• Alstom SA
• Atos SE
• Singapore Technologies Engineering Ltd.
• Wabtec Corporation
• Icon Multimedia
• Bombardier Inc.
• Indra Sistemas S.A.
• Advantech Co Ltd.
• Cubic Corporation
• Neusoft Corporation
• TOYO DENKI SEIZO K.K
• Teleste Corporation
• LANCom D.O.O.
• ENABLE INTERNATIONAL LIMITED
• AMiT Transportation
• EKE-Electronics Ltd.
• Quester tangent Corp
• Televic Rail
• Dittolive Incorporated
• Infotek Software & Systems Private Limited Stadler Rail
What Are The Key Trends In The Passenger Information System Global Market Report 2025?
• Technological advancements in communication
• Augmented Reality (AR) and Virtual Reality (VR)
• Real-time travel information
• Integration with mobile devices
• Multimodal integration
What Are The Segments Of The Global Passenger Information System Global Market Report 2025?
• By Component: Hardware, Software, Service
• By Location: On Board, In Station
• By Transportation Mode: Railways, Roadways, Airways And Waterways
• By Functional Mode: Multimedia Displays, Audio Systems, Computing Systems, Networking And Communication Devices, Video Surveillance, Content Management System, Other Functional Modes
Which Region Leads The Passenger Information System Global Market Report 2025?
Asia-Pacific was the largest region in the passenger information system market in 2024 and is expected to retain its dominance for the next five years. The passenger information system market report covers multiple regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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What Is Covered In The Passenger Information System Global Market Report 2025 Global Market Report?
• Market Size Analysis: Analyze the Passenger Information System Global Market Report 2025 size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the Passenger Information System Global Market Report 2025 for effective categorization.
• Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall Passenger Information System Global Market Report 2025 growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the Passenger Information System Global Market Report 2025.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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