31% of the growth will come from North America for the passenger information systems market: by mode of transport (railways, roads, air and waterways) and by region

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The Passenger Information System market report offers a comprehensive analysis of the strategies adopted by vendors and the trends, drivers, and challenges affecting the market size.

The growing trend of in-vehicle connectivity has led consumers to connect their smartphones and tablets to in-car infotainment systems to access enhanced entertainment and information. Most vendors in the market are extending their roadside assistance service coverage through mobile app-based services. This service has eliminated the complexity of contacting roadside assistance service providers while ensuring prompt services to app users. These services have facilitated the service delivery process of the vendors and also helped to increase their market share. With an increase in the number of smartphone users connecting their smartphones to their car infotainment systems, the demand for app-based roadside assistance services is increasing, which is driving the growth of the passenger information system market.

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Technavio analyzes the market by mode of transport (railways, roads, air and waterways) and geography (North America, EuropeACPA, South Americaand MEA).

Most rail, road and water industry operators are still using legacy software that is outdated, which in turn affects the adoption of advanced technologies. Integration complexities arise on existing systems and networks, creating technical challenges for operators. These technical challenges increase the difficulty encountered by operators in upgrading their business and IT infrastructure. Due to the use of legacy systems, it is not easy to integrate new technologies into old systems, and interpretability becomes a major issue. Thus, the railway industry renews and replaces existing railway systems efficiently, but without disrupting regular train service operations, which is a major challenge. Additionally, even as operators try to deploy the latest systems, technological changes will require workers to learn specific skills to operate such systems. Lack of skilled labor is another challenge faced by operators. Thus, the presence of legacy infrastructure and aging systems is expected to hinder the adoption of passenger information systems and hinder the growth of the market in question.

The Passenger Information System market covers the following areas:

Passenger Information System Market Sizing
Passenger Information System Market Forecast
Passenger Information System Market Analysis

Some of the companies mentioned are:

  • Advantech Co. Ltd.
  • ALSTOM S.A.
  • Cisco Systems Inc.
  • Cubic Corp.
  • Hitachi Ltd.
  • Huawei Investment and Holding Co.Ltd.
  • Siemens AG
  • Teleste Corp.
  • Thales Group
  • Wabtec Corp.

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Passenger Information System Market Scope

Report cover

Details

Page number

120

base year

2020

Forecast period

2021-2025

Growth momentum and CAGR

Slowing down to a CAGR of 13.52%

Market Growth 2021-2025

$15.37 billion

Market structure

Fragmented

Annual growth (%)

15.95

Regional analysis

North America, Europe, APAC, South America and MEA

Successful market contribution

North America at 31%

Main consumer countries

United States, France, Japan, Germany and China

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Advantech Co. Ltd., ALSTOM SA, Cisco Systems Inc., Cubic Corp., Hitachi Ltd., Huawei Investment and Holding Co. Ltd., Siemens AG, Teleste Corp., Thales Group and Wabtec Corp.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Main topics covered:

Abstract

Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market Outlook: Predictions for 2020 – 2025

Five forces analysis

  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by mode of transport

  • Market segments
  • Comparison by mode of transport
  • Railways – Market size and forecast 2020-2025
  • Roads – Market size and forecast 2020-2025
  • Air and waterways – Market size and forecast 2020-2025
  • Market opportunity by mode of transport

Customer landscape

Geographic landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • APAC – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Main leading countries
  • Market Opportunity by Geography
  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

  • Supplier Landscape
  • Landscape disturbance

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • Advantech Co. Ltd.
  • ALSTOM S.A.
  • Cisco Systems Inc.
  • Cubic Corp.
  • Hitachi Ltd.
  • Huawei Investment and Holding Co.Ltd.
  • Siemens AG
  • Teleste Corp.
  • Thales Group
  • Wabtec Corp.

appendix

  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

About Us
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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