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.
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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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Global Passenger Information System Market Segmentation
By Verticals Affected Most
• Airways
• Roadways
• Waterways
Regional Analysis
• North America
o United States
o Canada
• Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Rest of Asia-Pacific
• Rest of the World
Company Profiles
• 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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