세계 여객 정보 시스템 시장 규모는 2022년 260억 7,000만 달러로 2023년 293억 달러에서 2031년까지 746억 4,000만 달러로 성장하여 예측 기간(2024-2031년) 동안 12.4%의 CAGR로 성장할 것으로 예상됩니다.
효율적이고 신뢰할 수 있는 교통 서비스에 대한 수요 증가로 인해 전 세계 여객 정보 시스템(PIS) 시장이 크게 성장하고 있습니다. 승객에게 일정, 지연, 경로에 대한 실시간 정보를 제공하는 PIS 솔루션은 철도, 버스, 공항 등 다양한 교통수단에서 채택되고 있습니다. 이 시장은 모바일 애플리케이션 및 IoT 통합과 같은 기술 발전으로 승객 경험과 운영 효율성이 향상되면서 더욱 촉진되고 있습니다. 스마트 시티 이니셔티브와 대중교통 시스템의 디지털 혁신에 대한 관심이 높아지면서 PIS 시장은 상당한 CAGR로 확대될 것으로 예상됩니다. 주요 기업들은 사용자 인터페이스를 개선하고 다른 교통 관리 시스템과 통합하기 위해 지속적으로 혁신하고 있으며, 이는 PIS를 최신 교통 솔루션의 중요한 구성요소로 만들고 있습니다.
Global Passenger Information System Market size was valued at USD 26.07 billion in 2022 and is poised to grow from USD 29.30 billion in 2023 to USD 74.64 billion by 2031, growing at a CAGR of 12.4% in the forecast period (2024-2031).
Global Passenger Information System (PIS) market is experiencing significant growth, driven by the increasing demand for efficient and reliable transportation services. PIS solutions, which provide real-time information to passengers regarding schedules, delays, and routing, are being adopted across various modes of transport, including railways, buses, and airports. The market is further propelled by advancements in technology, such as mobile applications and IoT integration, enhancing passenger experience and operational efficiency. With a growing emphasis on smart city initiatives and the digital transformation of public transport systems, the PIS market is projected to expand at a substantial CAGR. Key players are continuously innovating to improve user interfaces and integrate with other transportation management systems, making the PIS a vital component in modern transit solutions.
Top-down and bottom-up approaches were used to estimate and validate the size of the Passenger Information System Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Passenger Information System Market Segmental Analysis
Global Passenger Information System Market is segmented on the basis of offering, location, transportation mode, and region. By offering, market is segmented into solutions, and services. By location, market is segmented into on-board, in-station. By transportation mode, market is segmented into Railways, roadways, and airways & waterways. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Drivers of the Passenger Information System Market
One of the primary drivers of the global Passenger Information System market is the increasing demand for real-time information among travelers. As urbanization accelerates and public transportation usage rises, passengers expect timely updates regarding service schedules, delays, and route changes. Real-time information enhances the overall travel experience, allowing passengers to make informed decisions and reduce waiting times. Furthermore, transit authorities are recognizing that providing accurate and timely information can improve operational efficiency and customer satisfaction. With the integration of technologies like GPS, mobile applications, and cloud computing, PIS solutions can deliver real-time updates seamlessly. This demand for immediate and accessible information is prompting transportation providers to invest in advanced PIS technologies, thus driving market growth.
Restraints in the Passenger Information System Market
Despite the growth potential, a significant restraint in the global Passenger Information System market is the high implementation costs associated with these systems. Deploying advanced PIS solutions involves substantial initial investments in infrastructure, software, and training. For many transportation agencies, particularly in developing regions, budget constraints can hinder the adoption of sophisticated PIS technologies. Additionally, ongoing maintenance and updates can further escalate costs, creating financial barriers for smaller operators. This reluctance to invest in new systems can lead to outdated information dissemination methods, ultimately affecting passenger experiences. As a result, addressing these cost-related challenges is crucial for increasing market penetration and ensuring that all transit agencies can benefit from the advantages of modern passenger information systems.
Market Trends of the Passenger Information System Market
A notable trend in the global Passenger Information System market is the integration of smart technologies, including artificial intelligence (AI) and machine learning (ML). These technologies are being utilized to enhance data analysis capabilities, enabling transit authorities to predict passenger flows, optimize routes, and improve service reliability. AI-driven analytics can process vast amounts of data from various sources, allowing transportation providers to tailor services to meet passenger needs effectively. Additionally, the rise of mobile applications equipped with smart features, such as predictive notifications and personalized travel alerts, is further enhancing the user experience. This trend towards smart technology integration is not only improving operational efficiency but also fostering a more connected and responsive public transportation environment, making it a key focus area for stakeholders in the PIS market.