The global passenger information system market size was valued at USD 19.9 billion in 2019 and is expected to grow at a CAGR of 9% annually from 2020 to 2027. The growth of the current market can be attributed to increased demand. Public transport agencies provide passengers with accurate and reliable real-time public transport information. Moreover, the spread of mobile devices and the Internet is increasing, and the demands of travelers and passengers to find information in real time for better connectivity and safe travel are increasing. In addition, the increase in passenger journeys each year due to public transport is expected to fuel the demand for passenger information systems compared to the globally growing transport infrastructure.
A full report of Passenger Information System Market is available at: https://www.orionmarketreports.com/passenger-information-system-market/46207/
Passenger Information System Market Segmentations
By Component:
Solutions
• Display Systems
• Announcement Systems
• Infotainment Systems
• Mobile Applications
• Emergency Communication Systems
• Others (Passenger counting systems and video monitoring systems)
Services
• Consulting and Integration
• Training, Support and Maintenance
By Location:
• On board
• In station
By Mode of Transportation:
• Railways
• Trains
• Trams
• Roadways
• Airways and Waterways
Reasons to Buying From us –
• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
