Trasporti
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.
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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.
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