The global market for PIS is projected to have considerable CAGR during the forecast period. The market growth is mainly driven due to growing demand of real time passenger information, increasing penetration of smartphone across the globe. Moreover, the growing service offerings by the travel providers to the passengers further supported the growth of PIS market. The other primary factor that is responsible for market growth is the advancements in technology.
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Various companies along with the top industry key players are adopting several new technologies for enhancing the passenger experiences. For instance, In December 2019, Vistara, an Indian full-service airline in partnership with Nelco, a local satellite services provider announced to provide in flight connectivity installed. Moreover, increasing implementation of IoT and AI technology coupled smart city projects further expected to provide significant opportunity to the market growth.
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Global PIS Market Segmentation
By Product Type
Hardware
Software & Services
By Mode of Transportation
Airways
Roadways
Railways
Waterways
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles
Advantech Co., Ltd.
ALSTOM Holdings
Cisco Systems, Inc.
Cubic Corp.
Dysten Sp. z o.o.
Hitachi, Ltd.
Huawei Technologies Co., Ltd.
Indra Sistemas, S.A.
ICON Multimedia S.L.
LANCom d.o.o. Co.
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