The global passenger information system industry provides passengers with real-time information regarding transportation in the form of visual, voice or any other media. These passenger information system products are widely used by consumers to enhance their connectivity with the transportation system. The factors that were fuelling the growth of the market before the COVID-19 pandemic include the growing uses of smartphones coupled with the increased demand for providing better passenger experience among various transport providers. Additionally, continuous development in the field of 4G and 5G technologies has also contributed significantly to the growth of the passenger information system.

Get Free Sample Copy @ https://www.omrglobal.com/request-sample/passenger-information-system-market

However, with the outbreak of COVID-19 since December 2019, the market of the global passenger information system industry has shown declining results in the growth rate. The passenger information system industry has suffered most due to the lockdown situation going on across the globe. Additionally, numerous modes of transportation such as railway and airplanes were also shut down completely or partially in many countries all across the globe as a preventive measure to restrict the COVID-19 spread.

A Full Report of Global Passenger Information System Market is Available at:https://www.omrglobal.com/industry-reports/passenger-information-system-market

The global passenger information system industry report is segmented based on the mode of transportation into airways, roadways, and waterways. Almost all the segments of the passenger information system industry have experienced a considerable downfall during the outbreak due to the government’s guideline to reduce the travel. However, the most affected segment due to the COVID-19 pandemic is the aviation sector as most of the international as well as domestic flights have been cancelled or operating at very low volume.

Effect of COVID-19 on the passenger information industry can be observed in each region including North America, Europe, Asia Pacific and Rest of the World. In the US, the lockdown situation is going on for a long period of time as per the government guidelines. No foreign person is allowed in the country from the countries with infected people that are leading to a decline in travel rate. Europe is one of the most affected regions due to COVID-19, which results in governments has to ban traveling in various countries.

Key companies getting affected in the market include GE Transportation, Cisco Systems, Inc., Hitachi, Ltd., Huawei Technologies Co., Ltd., Siemens AG and many more.

Verticals Affected Most
• Airways
• Roadways
• 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
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/passenger-information-system-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: [email protected]
Contact no: +1 646-755-7667, +91 780-304-0404