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

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2022-01-04

NEW YORK, January 3, 2022 / PRNewswire / – The Passenger Information Systems Market the value should increase by $ 15.37 billion from 2020 to 2025, according to Technavio’s latest report.

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The Passenger Information Systems Market report offers a comprehensive analysis of the strategies adopted by vendors and 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 of the providers in the market are extending their roadside assistance service coverage through services based on mobile applications. This service has eliminated the complexity of contacting roadside assistance service providers while providing prompt service to app users. These services have facilitated the service delivery process of the suppliers and also helped to increase their market share. With the increase in the number of smartphone users connecting their smartphones to their car infotainment systems, the demand for application-based roadside assistance services is increasing, which is driving the growth of the passenger information systems market. .

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

Most operators in the rail, road and water industry still use legacy software that is obsolete, which in turn affects the adoption of advanced technologies. Integration complexities arise on existing systems and networks, which creates technical challenges for operators. These technical challenges increase the difficulty encountered by operators in developing their business and their 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. Therefore, the rail industry renews and replaces existing rail systems efficiently, but without disrupting the regular operations of rail services, which is a major challenge. Additionally, even as operators attempt to deploy the latest systems, technological changes will require workers to acquire specific skills to operate such systems. Another challenge facing operators is the lack of skilled labor. Thus, the presence of legacy infrastructure and aging systems is expected to hamper the adoption of passenger information systems and hamper the growth of the target market.

The passenger information systems market covers the following areas:

Sizing of the passenger information system market
Passenger Information System Market Forecast
Passenger Information Systems Market Analysis

Some of the companies mentioned are:

  • Advantech Co. Ltd.
  • ALSTOM SA
  • 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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Associated reports:

Global Tracking As a Service Market: This market research identifies Digicore Holdings, Trimble, Verizon Enterprise Solutions, and Zebra as the major players in the global tracking as a service market. A complete analysis of this market is also presented by category and geography. For in-depth research information: Download a FREE sample report

Global IoT Market in the Transportation Sector: This market research report presents a detailed analysis of the global IoT market segmentation in the transportation industry by modes of transportation and geography. The main suppliers in this market are Alcatel-Lucent, AT&T, Cisco, IBM and Intel. For in-depth research information: Download a FREE sample report

Scope of Passenger Information System Market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Decelerate 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

Efficient contribution to the market

North America at 31%

Main consumer countries

United States, France, Japan, Germany and China

Competitive landscape

Leading companies, competitive strategies, reach 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 Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period,

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

Main topics covered:

Summary

Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

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

Five forces analysis

  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new participants
  • The threat of substitutes
  • Threat of rivalry
  • State of the market

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

Supplier analysis

  • Covered suppliers
  • Positioning of sellers in the market
  • Advantech Co. Ltd.
  • ALSTOM SA
  • Cisco Systems Inc.
  • Cubic Corp.
  • Hitachi Ltd.
  • Huawei Investment and Holding Co. Ltd.
  • Siemens AG
  • Teleste Corp.
  • Thales Group
  • Wabtec Corp.

appendix

  • Scope of the report
  • Currency conversion rates for US $
  • Research methodology
  • Abreviations list

About Us
Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable information to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000 and more reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies 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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