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 fueling 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.
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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.
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The Report Covers
• Comprehensive research methodology of the global passenger information system Industry.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global passenger information system industry.
• Insights about market determinants which are stimulating the global passenger information system industry.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.
Verticals Affected Most
• United States
• Rest of Europe
• Rest of Asia-Pacific
Rest of the World
Key Market Players
• Alstom SA
• Wabtec Corp. (GE Transportation)
• Cisco Systems, Inc.
• Hitachi, Ltd.
• Huawei Technologies Co., Ltd.
• Siemens AG
• TE Connectivity Ltd.
• Advantech Corp.
• Thales SA
• Cubic Transportation Systems Inc.
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