Global Automated Passenger Counting And Information System Market to Reach $17.82 Billion by 2029, Growing at 12.5% CAGR

What combination of drivers is leading to accelerated growth in the automated passenger counting and information system market?
The automated passenger counting and information system market is set to expand, driven by the increasing need for public transportation. This term refers to a network of vehicles including buses, trains, subways, and trams, which operate on set schedules to meet the needs of the wider public. Issues such as escalating urbanization, environmental considerations, and the requirement for affordable and efficient transport solutions are contributing to the surge in demand for public transportation. To optimize route management, manage vehicle load and deliver real-time updates to commuters, public transportation uses automated passenger counting and information systems. For example, the US-based non-profit organization, the American Public Transportation Association, noted in April 2024 that in 2023, there was a 16% jump from 2022 in transit riders' numbers, with 7.1 billion trips taken on public transportation. Additionally, throughout 2023, the public transportation ridership steadily grew even though office occupancy rates remained constant. Hence, the heightened demand for public transportation is stimulating the expansion of the automated passenger counting and information system market.

Get Your Automated Passenger Counting And Information System Market Report Here:
https://www.thebusinessresearchcompany.com/report/automated-passenger-counting-and-information-system-global-market-report

What is the projected compound annual growth rate (CAGR) of the automated passenger counting and information system market from 2025 to 2034, and what factors influence it?
In recent years, there has been a rapid increase in the size of the automated passenger counting and information system market. The market, which was valued at $9.86 billion in 2024, is forecasted to grow to $11.11 billion in 2025, with a compound annual growth rate (CAGR) of 12.8%. This growth in the historic period is as a result of the digital transformation of public transport, increasing urban populations, emphasis on data-driven decision making, and governmental rules and orders for transit agencies to improve the quality of service and passenger experience. It is also linked to integration with schemes aimed at making cities smarter.

The market size of the automated passenger counting and information system is predicted to experience a swift expansion in the upcoming years. By 2029, it is projected to reach a value of $17.82 billion with an annual growth rate of 12.5%. The surge during the forecast period can be credited to various elements such as emphasis on sustainability and energy efficiency, escalating investments in public transportation infrastructure, a growing requirement for data-based decision making, incorporation with innovative mobility solutions, and heightened focus on passenger experience. The forecast period will witness major trends like IoT integration, state-of-the-art sensor technologies, AI and ML, involvement of APCIS with mobile ticketing platforms, and the introduction of privacy-boosting technologies.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16346&type=smp

How are the latest trends influencing the growth of the automated passenger counting and information system market?
Leading firms in the automated passenger counting and information system market are pioneering novel technologies like passenger tracking systems to increase data precision and enhance the management of passenger flow. A passenger tracking system is designed to oversee and control passenger movements within an airport. For instance, AeroCloud, a UK-based company specializing in cloud-native airport management software, unveiled AeroCloud Optic, a passenger tracking system incorporating computer vision, in March 2023. This live monitoring system can identify operational issues such as prolonged lines at check-in or security, promptly raising alerts as necessary.

What are the major segments of the automated passenger counting and information system market and their role in driving growth?
The automated passenger counting and information system market covered in this report is segmented -

1) By Type: Passenger Informed Display Systems, Passenger Informed Announcement Systems, Emergency Announcement Systems, Infotainment Systems, Passenger Information Mobile Application
2) By Technology: Infrared, Stereoscopic Vision, Time-Of-Flight, Other Technologies
3) By Device And Component: Sensors, Public Announcement Systems, Multimedia Display, Networking And Communication Devices
4) By Application: Roadways, Railways, Airways, Waterways

Subsegments:
1) By Passenger Informed Display Systems: Digital Signage Displays (Lcd, Led), Real-Time Passenger Information (Rpi) Displays, Interactive Touchscreen Displays, Platform And Station Display Systems
2) By Passenger Informed Announcement Systems: Voice Announcement Systems (Automated Or Recorded Announcements), Public Address Systems, Multi-Language Announcement Systems, Real-Time Update Announcements (Delays, Arrivals)
3) By Emergency Announcement Systems: Emergency Broadcast Systems, Panic Button-Triggered Announcement Systems, Evacuation Alert Systems, Emergency Information Displays
4) By Infotainment Systems: Onboard Video Or Tv Systems, Wi-Fi And Streaming Services, Interactive Passenger Entertainment Platforms, Real-Time Traffic Or Weather Information Displays
5) By Passenger Information Mobile Application: Real-Time Arrival Or Departure Updates, Mobile Ticketing And Scheduling Apps, Navigation And Route Information Apps, Notification And Alert Systems (Delays, Gate Changes)

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16346

Which regions are key players in the growth of the automated passenger counting and information system market?
Asia-Pacific was the largest region in the automated passenger counting and information system market in 2023. The regions covered in the automated passenger counting and information system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the key firms paving the way for growth in the automated passenger counting and information system market?
Major companies operating in the automated passenger counting and information system market are Hitachi Ltd., Siemens AG, Cisco Systems Inc., Clever Devices Ltd., Eurotech S.p.A., Xovis AG, Infodev EDI, Dilax Intelcom GmbH, Masstrans Technologiies LLC, Iris-GmbH Infrared & Intelligent Sensors, Hella Aglaia Mobile Vision GmbH, GMV Syncromatics LLC, Exeros Technologies Inc., ETA Transit Systems GmbH, Bluesurge Technologies LLC, R2P GmbH, Passio Technologies Inc., Postec Technology, Retail Sensing Ltd., R-Com Consulting Ltd., Eyeride Corporation

Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=16346&type=smp

What Is Covered In The Automated Passenger Counting And Information System Global Market Report?

•Market Size Forecast: Examine the automated passenger counting and information system market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the automated passenger counting and information system market for a structured understanding.
•Key Players Overview: Analyze major players in the automated passenger counting and information system market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the automated passenger counting and information system market.
•Segment Contributions: Evaluate how different segments drive overall growth in the automated passenger counting and information system market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the automated passenger counting and information system market.
•Industry Challenges: Identify potential risks and obstacles affecting the automated passenger counting and information system market.
•Competitive Landscape: Review strategic developments in the automated passenger counting and information system market, including expansions, agreements, and new product launches.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.