Passenger Information System Market set to grow according to forecasts – Alstom, GE Transportation, Hitachi, Huawei Technologies, Cubic Corporation, Infax, Passio Technologies, Siemens AG, Advantech, Neusoft

Passenger information system is an electronic information system designed and installed by public transports including airways, roadways, and railways in order to display information associated to real-time vehicle location, arrival and departure of a transport vehicle, schedule of journey, and timely announcements. Moreover, these systems focus on enhancement of the transportation experience for passengers through entertaining the passengers with infotainment systems.

The report enables you to-

  • Formulate significant competitor information, analysis, and insights to improve R&D strategies
  • Identify emerging players with potentially strong product portfolio and create effective counter strategies to gain competitive advantage
  • Identify and understand important and diverse types of passenger information system under development
  • Develop market entry and market expansion strategies
  • Plan mergers and acquisitions effectively by identifying major players with the most promising pipeline
  • In-depth analysis of the product's current stage of development, territory and estimated launch date

The "Global Passenger Information System Market Analysis to 2025" is a specialized and in-depth study of the passenger information system industry with a focus on the global market trend. The report aims to provide an overview of global passenger information system market with detailed market segmentation by component, mode of transportation, application, and geography. The global passenger information system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the passenger information system market.

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Top Companies profiled in this report includes, Alstom, GE Transportation, Hitachi, Ltd., Huawei Technologies Co., Ltd., Cubic Corporation, Infax, Inc., Passio Technologies, Siemens AG, Advantech Co., Ltd., and Neusoft Corporation among others.

Increase in demand for transportation agencies to provide accurate and reliable real-time transit information to passengers, technological-advancements in the telecom industry to facilitate faster data transfer competencies, surge in demand for intelligent transportation systems and increase in IoT implementation in transit sector are the key drivers propelling the growth of passenger information system market. Moreover, increase in adoption of big data and cloud technologies is anticipated to deliver significant opportunities for passenger information system market growth. However, high cost allied with management and implementation of these system hinders the growth of the market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global passenger information system market based on component, mode of transportation, and application. It also provides market size and forecast till 2025 for overall Passenger information system market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 countries globally along with current trend and opportunities prevailing in the region.

Passenger Information System Market – Global Analysis to 2025 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.

Reasons to Buy the Report

  • The report helps the market leaders and new entrants in the Passenger Information System market in the following ways:
  • The report segments the market into various subsegments; hence, it covers the market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and its subsegments.
  • The report helps understand the overall growth of the market. It provides information on the key market drivers, restraints, challenges, and opportunities.
  • The report helps better understand competitors and gain more insights to strengthen organizations’ position in the market. In addition to this, the report presents the positioning of the key players based on their product offerings and business strategies.

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Posted by on Wednesday June 26 2019, 1:00 PM EDT. All trademarks acknowledged. Filed under Business & Financial Services, Featured Press Release, Software & Services, Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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