Passenger Information System Market to Surpass US$ 65.3 Bn by 2030; Notes TMR Study

ALBANY, N.Y., Feb. 18, 2022 /PRNewswire/ -- SaaS-based passenger information systems (PIS) are pivoting the adoption of mobility technology solutions in modern transit systems. The delivery of real-time information offered by PIS in public transport has led to increased customer convenience, and thus boosted public confidence in transport services across all modes including rail, road, and sea. The global valuation of the passenger information system market is anticipated to reach US$ 65.3 Bn by 2030.

New platforms combine infotainment and commercial content and are enriching the value of passenger and fleet connectivity solutions in the passenger information system market. Solution providers are likely to gain steady revenue gains during the forecast period from the growing popularity of mobile passenger information system.

The use of scheduled programming technology for on-board PIS is expanding lucrative avenues, notably for railways. Transport agencies are modernizing display systems to tap into new revenue streams, notes the TMR study on the passenger information system market. The demand for entertainment on board solutions is generating profitable opportunities, notes the TMR study on the passenger information system market.

Request a Report Sample at https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=30206

Key Findings of Passenger Information System Market Study

• Companies Offering Innovative Onboard PIS to Tap Massive Revenues: The railway has been at the forefront of deployment of next-gen on-board PIS. These solutions have found use in a flexible management of contents notably infotainment and commercial contents. Their use is constantly advancing the scope of customer experience. GPS-based and mobile solutions of note are gaining popularity, generating substantial revenue growth for stakeholders in the passenger information system market. Integration of mobile apps with PIS is boosting the revenue possibilities.
• Public Transport System Utilize Open Data Resources: The adoption of IoT in public transit is enriching customer engagement in public transport. Companies are keenly adopting open data resources to deliver real-time information. The trend is evident in developed nations such as use of PIS in U.K. public transport.
• SaaS Solution Gain Popularity: SaaS platforms are emerging as cost-efficient solutions in the passenger information system market. Of note, subscription-based accounts are effective in ensuring flexibility in transit management. Thus, the adoption of SaaS PIS is generating incremental avenues for companies in the passenger information system market. In the near future, government agencies are expected to witness use of SaaS for public transportation software to modernize transit systems.

Get PDF Brochure for More Insights @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=30206

Passenger Information System Market: Key Drivers

• Rapid pace of digitization of public transport industry in emerging and developed economies is driving investments in the passenger information system market
• Real-time passenger information systems are enriching customer experience across all modes of transport. Furthermore, focus on utilizing open and shared resources for data in developed nations is expanding the avenue, observe the analysts in the in-depth TMR study.

Get COVID-19 Analysis on "Passenger Information System Market" @ https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=30206

Passenger Information System Market: Regional Growth Dynamics

• The Asia Pacific passenger information system market is projected to expand at promising pace during the forecast period, underpinned by rise in adoption of PIS. China is a highly lucrative market.
• The U.S. has witnessed potential revenues from the substantial uptake of PIS in air transport.

Passenger Information System Market: Key players

Some of the key players in the passenger information system market are Thales Group, Televic Group NV, Teleste Corporation, Simpleway Europe a.s., Siemens AG, Mitsubishi Electric Corporation, Indra Sistemas S.A., Huawei Technologies Co., Ltd., Hitachi Ltd., Funkwerk AG, Fujitsu Ltd., and Cisco Systems Inc.

Enquiry before Buying: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=30206

Global Passenger Information System Market: Segmentation

Passenger Information System Market, by Component

• Hardware
• Display Systems
• LCD Display
• TFT Display
• LED Display
• Kiosk
• ePaper
• Networking Systems
• Audio Communication Systems
• Software (PIM Module [Display Control and Content Management])
• PIS For Station (Fixed/Stationary)
• On-Board PIS (GPS-based, for Mobile – Train, Bus)
• Mobile PIS (Mobile Applications)
• Professional Services
• Integration & Implementation Services
• Support & Maintenance Services

Passenger Information System Market, by Mass Transit Hub

• Airport
• Rail
• Railways
• Metros
• Road
• Ports

Passenger Information System Market, by Region

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

Browse Latest IT & Telecom Market Research Reports by TMR:

• Email Marketing Industry – https://www.transparencymarketresearch.com/email-marketing-industry.html
• Digital Map Market – https://www.transparencymarketresearch.com/digital-map-market.html
• Digital Transformation Spending in Logistics Market – https://www.transparencymarketresearch.com/digital-transformation-spending-logistics-market.html
• Mobile Payment Technologies Market – https://www.transparencymarketresearch.com/mobile-payments-market.html

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

For More Research Insights on Leading Industries, Visit our YouTube channel - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

Contact
Mr Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Follow Us: Twitter | LinkedIn
Blog: https://tmrblog.com
Website: http://www.transparencymarketresearch.com
Press Release: https://www.transparencymarketresearch.com/pressrelease/passenger-information-system-market.htm

SOURCE Transparency Market Research