Passenger information system market to grow by USD 22.08 billion from 2022 to 2027|Increasing availability of app-driven services for passenger information systems to boost the market growth - Technavio

NEW YORK, July 26, 2023 /PRNewswire/ -- The passenger information system market is estimated to grow at a CAGR of 13.65% between 2022 and 2027. The market size is forecast to increase by USD 22.08 billion. Discover some insights on market size historic period (2017 to 2021) and Forecast (2023 to 2027) before buying the full report -Request a sample report

Passenger information system market – Vendor Analysis
Vendor Landscape - The global passenger information system market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer passenger information systems in the market are Advantech Co. Ltd., ALSTOM SA, Cisco Systems Inc., Cubic Corp., Dysten Sp. z o. o, Hitachi Ltd., Huawei Technologies Co. Ltd., ICON MULTIMEDIA SL, Indra Sistemas SA, LUNETTA Pvt. Ltd., Mitsubishi Electric Corp., Passio Technologies Inc., r2p GmbH, Rohde and Schwarz GmbH and Co. KG, Siemens AG, Singapore Technologies Engineering Ltd., Teleste Corp., Televic Group NV, Thales Group, and Wabtec Corp. and others.

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• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Vendor Offerings - 

• Advantech Co. Ltd.: The company offers passenger information system such as ARS-P3800 railway panel PC.
• ALSTOM SA: The company offers passenger information system such as Nomad Digital on-board information systems.
• Cisco Systems Inc.: The company offers passenger information system such as Cisco Intelligent Public Transportation solution.
• For details on the vendor and their offerings – Request a sample report

Passenger Information System Market - Segmentation Assessment

Segment Overview
Technavio has segmented the market based on component (solution and services), mode of transportation (railways, roadways, and air and waterways), and geography (North America, Europe, APAC, South America, and the Middle East and Africa).

• The market share growth by the solution segment will be significant during the forecast period. The demand for passenger information systems has increased dramatically over the past few years, driven by the desire to provide transportation companies with a superior customer experience, real-time passenger data, and operational efficiency. Solutions used in passenger information systems include passenger announcement systems, mobile apps, and systems for displays and signage. Passengers can use their personal devices to access this information via a mobile app, with displays and signage systems providing real-time updates on arrival and departure times, route information, and more.

Geography Overview
By geography, the global passenger information system market is segmented into North America, Europe, APAC, South America, and the Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global passenger information system market.

• North America is estimated to contribute 31% to the growth of the global market during the forecast period. Demand for safer, more affordable, and eco-friendly transportation will increase in North America. Passenger information systems that provide real-time information are becoming increasingly popular on North American railroads. Most manufactured goods, including imports and exports, are transported using railroads, which act as the basis of industrial activities. As the region's economy develops, the need to transport more cargo will grow. 

For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 - Download a Sample Report

Passenger Information System Market – Market Dynamics

Key Driver - 

• The increasing availability of app-driven services for PIS is notably driving market growth. 
• The demand for telematics and integrated connectivity in vehicles has seen technological advances aimed at improving the overall in-vehicle experience for drivers and passengers.
• With the growing trend of in-vehicle connectivity, consumers are connecting their smartphones and tablets to in-vehicle infotainment systems for access to better entertainment and information.
• The demand for app-based roadside assistance services is rising as more smartphone users connect their smartphones to their car's infotainment systems.
•  Thus, such factors are anticipated to boost the growth of the passenger information system market during the forecast period.

Leading Trend - 

• The usage of IoT and big data to drive efficiency is a  key trend shaping the market. 
• Massive amounts of big data are generated by connected stakeholders in the transportation sector.
• Building a smart railway requires a big data structure with various components such as cloud computing, cyber-physical systems, and the Internet of Things. 
• This data also saves energy and money by regulating energy consumption and reducing maintenance costs by preventing unplanned machine failures.
• Thus, the use of IoT and big data will boost market growth during the forecast period. 

Significant Challenge - 

• Outdated infrastructure and other technical challenges impede the growth of the market. 
• The majority of operators in roadways, waterways, and railways continue to use outdated legacy software, hindering the adoption of cutting-edge innovations. These technical challenges make it more difficult for operators to scale their business and IT infrastructure.
• Rapid population growth has increased the need for better transportation services. Also, a rising number of people are taking trains because they are more convenient and cheaper than airplanes. 
•  Because legacy systems are still in use, it is difficult to integrate new technologies into them, which impedes the growth of the market. 

Driver, Trend & Challenges are the factor of market dynamics, which states about consequences & sustainability of the businesses, find some insights from a sample report!

What are the key data covered in this Passenger Information System Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the passenger information system market between 2023 and 2027
• Precise estimation of the passenger information system market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the passenger information system market across North America, Europe, APAC, South America, and the Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of passenger information system market vendors

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Table of Contents 

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Mode of Transportation
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global passenger information system market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global passenger information system market 2017 - 2021 ($ billion)

• 4.2 By Component Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – By Component Segment 2017 - 2021 ($ billion)

• 4.3 By Mode Of Transportation Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – By Mode Of Transportation Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Component

• 6.1 Market segments
• Exhibit 30: Chart on Component - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Component - Market share 2022-2027 (%)

• 6.2 Comparison by Component 
• Exhibit 32: Chart on Comparison by Component
• Exhibit 33: Data Table on Comparison by Component

• 6.3 Solution - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Solution - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Solution - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Solution - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Solution - Year-over-year growth 2022-2027 (%)

• 6.4 Services - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Services - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Services - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Services - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Services - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Component 
• Exhibit 42: Market opportunity by Component ($ billion)
• Exhibit 43: Data Table on Market opportunity by Component ($ billion)

7 Market Segmentation by Mode of Transportation

• 7.1 Market segments
• Exhibit 44: Chart on Mode of Transportation - Market share 2022-2027 (%)
• Exhibit 45: Data Table on Mode of Transportation - Market share 2022-2027 (%)

• 7.2 Comparison by Mode of Transportation 
• Exhibit 46: Chart on Comparison by Mode of Transportation
• Exhibit 47: Data Table on Comparison by Mode of Transportation

• 7.3 Railways - Market size and forecast 2022-2027 
• Exhibit 48: Chart on Railways - Market size and forecast 2022-2027 ($ billion)
• Exhibit 49: Data Table on Railways - Market size and forecast 2022-2027 ($ billion)
• Exhibit 50: Chart on Railways - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Railways - Year-over-year growth 2022-2027 (%)

• 7.4 Roadways - Market size and forecast 2022-2027 
• Exhibit 52: Chart on Roadways - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Data Table on Roadways - Market size and forecast 2022-2027 ($ billion)
• Exhibit 54: Chart on Roadways - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Roadways - Year-over-year growth 2022-2027 (%)

• 7.5 Air and waterways - Market size and forecast 2022-2027 
• Exhibit 56: Chart on Air and waterways - Market size and forecast 2022-2027 ($ billion)
• Exhibit 57: Data Table on Air and waterways - Market size and forecast 2022-2027 ($ billion)
• Exhibit 58: Chart on Air and waterways - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Air and waterways - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Mode of Transportation 
• Exhibit 60: Market opportunity by Mode of Transportation ($ billion)
• Exhibit 61: Data Table on Market opportunity by Mode of Transportation ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 63: Chart on Market share by geography 2022-2027 (%)
• Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 65: Chart on Geographic comparison
• Exhibit 66: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 India - Market size and forecast 2022-2027 
• Exhibit 95: Chart on India - Market size and forecast 2022-2027 ($ billion)
• Exhibit 96: Data Table on India - Market size and forecast 2022-2027 ($ billion)
• Exhibit 97: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027 
• Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 UK - Market size and forecast 2022-2027 
• Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 107: Market opportunity by geography ($ billion)
• Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 109: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 111: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 112: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 113: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 114: Matrix on vendor position and classification

• 12.3 Advantech Co. Ltd.
• Exhibit 115: Advantech Co. Ltd. - Overview
• Exhibit 116: Advantech Co. Ltd. - Business segments
• Exhibit 117: Advantech Co. Ltd. - Key offerings
• Exhibit 118: Advantech Co. Ltd. - Segment focus

• 12.4 ALSTOM SA
• Exhibit 119: ALSTOM SA - Overview
• Exhibit 120: ALSTOM SA - Business segments
• Exhibit 121: ALSTOM SA - Key news
• Exhibit 122: ALSTOM SA - Key offerings
• Exhibit 123: ALSTOM SA - Segment focus

• 12.5 Cisco Systems Inc.
• Exhibit 124: Cisco Systems Inc. - Overview
• Exhibit 125: Cisco Systems Inc. - Business segments
• Exhibit 126: Cisco Systems Inc. - Key news
• Exhibit 127: Cisco Systems Inc. - Key offerings
• Exhibit 128: Cisco Systems Inc. - Segment focus

• 12.6 Cubic Corp.
• Exhibit 129: Cubic Corp. - Overview
• Exhibit 130: Cubic Corp. - Business segments
• Exhibit 131: Cubic Corp. - Key offerings
• Exhibit 132: Cubic Corp. - Segment focus

• 12.7 Dysten Sp. z o. o 
• Exhibit 133: Dysten Sp. z o. o - Overview
• Exhibit 134: Dysten Sp. z o. o - Product / Service
• Exhibit 135: Dysten Sp. z o. o - Key offerings

• 12.8 Hitachi Ltd.
• Exhibit 136: Hitachi Ltd. - Overview
• Exhibit 137: Hitachi Ltd. - Business segments
• Exhibit 138: Hitachi Ltd. - Key news
• Exhibit 139: Hitachi Ltd. - Key offerings
• Exhibit 140: Hitachi Ltd. - Segment focus

• 12.9 Huawei Technologies Co. Ltd. 
• Exhibit 141: Huawei Technologies Co. Ltd. - Overview
• Exhibit 142: Huawei Technologies Co. Ltd. - Business segments
• Exhibit 143: Huawei Technologies Co. Ltd. - Key news
• Exhibit 144: Huawei Technologies Co. Ltd. - Key offerings
• Exhibit 145: Huawei Technologies Co. Ltd. - Segment focus

• 12.10 LUNETTA Pvt. Ltd.
• Exhibit 146: LUNETTA Pvt. Ltd. - Overview
• Exhibit 147: LUNETTA Pvt. Ltd. - Product / Service
• Exhibit 148: LUNETTA Pvt. Ltd. - Key offerings

• 12.11 Mitsubishi Electric Corp. 
• Exhibit 149: Mitsubishi Electric Corp. - Overview
• Exhibit 150: Mitsubishi Electric Corp. - Business segments
• Exhibit 151: Mitsubishi Electric Corp. - Key news
• Exhibit 152: Mitsubishi Electric Corp. - Key offerings
• Exhibit 153: Mitsubishi Electric Corp. - Segment focus

• 12.12 Siemens AG
• Exhibit 154: Siemens AG - Overview
• Exhibit 155: Siemens AG - Business segments
• Exhibit 156: Siemens AG - Key news
• Exhibit 157: Siemens AG - Key offerings
• Exhibit 158: Siemens AG - Segment focus

• 12.13 Singapore Technologies Engineering Ltd. 
• Exhibit 159: Singapore Technologies Engineering Ltd. - Overview
• Exhibit 160: Singapore Technologies Engineering Ltd. - Business segments
• Exhibit 161: Singapore Technologies Engineering Ltd. - Key offerings
• Exhibit 162: Singapore Technologies Engineering Ltd. - Segment focus

• 12.14 Teleste Corp.
• Exhibit 163: Teleste Corp. - Overview
• Exhibit 164: Teleste Corp. - Product / Service
• Exhibit 165: Teleste Corp. - Key offerings

• 12.15 Televic Group NV
• Exhibit 166: Televic Group NV - Overview
• Exhibit 167: Televic Group NV - Product / Service
• Exhibit 168: Televic Group NV - Key offerings

• 12.16 Thales Group
• Exhibit 169: Thales Group - Overview
• Exhibit 170: Thales Group - Business segments
• Exhibit 171: Thales Group - Key news
• Exhibit 172: Thales Group - Key offerings
• Exhibit 173: Thales Group - Segment focus

• 12.17 Wabtec Corp.
• Exhibit 174: Wabtec Corp. - Overview
• Exhibit 175: Wabtec Corp. - Business segments
• Exhibit 176: Wabtec Corp. - Key news
• Exhibit 177: Wabtec Corp. - Key offerings
• Exhibit 178: Wabtec Corp. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 179: Inclusions checklist
• Exhibit 180: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 181: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 182: Research methodology
• Exhibit 183: Validation techniques employed for market sizing
• Exhibit 184: Information sources

• 13.5 List of abbreviations 
• Exhibit 185: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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