Passenger Information System Market By Solution Type, By Component, By Location, By Company, Forecast and Opportunities, 2025
Global passenger information system market is expected to grow at a formidable rate during the forecast period. The global passenger information system market is driven by the revolution in telecommunication industry with the advent of big data and AI coupled with increasing smartphone penetration, which is further expected to fuel the market during the forecast period. Furthermore, growing demand for providing better customer experience in the terms of improved safety and providing real time and accurate travel data to the passengers by the transportation industry is anticipated to foster the market growth over the next few years. The global passenger information system market is segmented based on solution type, component, location, mode of transportation, company and region. Based on mode of transportation, the market can be categorized into railways, trains, trams, roadways, airways and waterways. The roadways segment is expected to dominate the market during forecast period since...