Passenger Information System Market Size Worth USD 45,679 Million by 2025 | CAGR: 14.6%: RAM

0

passenger information systems market

Rapid advancements in technological solutions have enabled better connectivity of objects, resulting in the development of smarter ecosystems and improved PIS market.

PORTLAND, PORTLAND, OR, USA, September 30, 2022 /EINPresswire.com/ — Allied Market Research has released a new report titled “Passenger Information System Market Size Worth $45,679 million by 2025 | CAGR: 14.6%: AMR. “The report offers an in-depth analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces Analysis, and competitive landscape. This study is a valuable source of information for players in the market, investors and VPs, stakeholders and new entrants to gain an in-depth understanding of the industry and determine the steps to take to gain a competitive advantage.

Download a sample report (Get full information in PDF format – 263 pages) at: https://www.alliedmarketresearch.com/request-sample/4694

Rising demand for real-time transit information solutions for passengers, increased adoption of smartphones, increased penetration of IoT solutions in the transportation sector, and advancements in telecommunications offerings are expected to boost the growth of the global passenger information systems market. Furthermore, the surge in adoption of cloud and big data technologies is expected to create lucrative opportunities for market growth. However, the high costs associated with implementation, passenger information management and the lack of advanced infrastructure among developing economies in Asia-Pacific and LAMEA for installing these systems are expected to hamper the market growth over the forecast period.

LIMITED TIME OFFER – Buy now and get an exclusive discount on this report

Based on the transportation mode segment, the road segment dominated the passenger information system market in 2016 and is expected to maintain its dominance in the future. However, the rail segment is expected to experience the greatest growth, due to its increased need for passenger information system to provide accurate and reliable updates to rail passengers before and throughout their journey.

For report customization: https://www.alliedmarketresearch.com/request-for-customization/4694

The global passenger information system market was dominated by North America in 2016 and is expected to maintain its dominance over the forecast period. However, Asia-Pacific is expected to experience the fastest growth, registering a CAGR of 20.20% during the forecast period. Some of the major players operating in the passenger information system market include Alstom, Cubic Corporation, Hitachi, Ltd., Indra, Mitsubishi Electric Corporation, Siemens AG, Singapore Technologies Electronics Limited, Teleste Corporation, Thales, and Toshiba Corporation.

For a purchase request: https://www.alliedmarketresearch.com/purchase-enquiry/4694

Main results of the study

• The services segment is expected to show a significant increase in terms of revenue over the forecast period.

• In 2016, the road segment represented the highest income among other modes of transport.

• The passenger information display system generated the highest revenue in 2016.

• Asia-Pacific is expected to show substantial growth over the forecast period.

Thank you for reading this article; you can also get individual chapter wise section or region wise report versions like North America, Europe or Asia.

If you have any special requirements, please let us know and we will offer the report according to your needs.

Finally, this report provides market insights in the most comprehensive manner. The structure of the report has been kept to provide maximum business value. It provides essential insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those looking to enter the market.

Other trend report:

1. passenger safety equipment market

About Us:

Allied Market Research (AMR) is a market research and business consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services and market insights across 11 verticals. By adopting in-depth research methodologies, AMR helps its clients make strategic business decisions and achieve sustainable growth in their market areas. We are staffed with qualified analysts and experts and have extensive experience working with many Fortune 500 companies and small and medium enterprises.

AMR has launched its online user-based reporting and company profile library, Avenue. An electronic access library is accessible from any device, anywhere and anytime for entrepreneurs, stakeholders, researchers and university students. With reports on over 60,000 niche markets with data comprising 600,000 pages as well as business profiles on over 12,000 companies, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to customer requirements is complemented by analyst support and customization requests.

David Correa
Allied Analytics LLP
800-792-5285
write to us here
Visit us on social media:
Facebook
Twitter
LinkedIn

Share.

Comments are closed.