info@marketresearchfuture.com   📞 +1 (855) 661-4441(US)   📞 +44 1720 412 167(UK)   📞 +91 2269738890(APAC)
Certified Global Research Member
Esomar23 wcrc
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Passenger Information System Market Analysis

ID: MRFR//1576-CR | 147 Pages | Author: Shubham Munde| November 2020

In-depth Analysis of Passenger Information System Market Industry Landscape

There are several factors that affect the growth and relevance of the passenger information system (PIS) market in the transport and public transit industry. The growing importance of enhancing entire passenger experience is one major driver pushing forward the PIS industry. As urbanization continues and travel becomes more central to everyday life, there is a need for real-time information that will highlight timetables, delays, and other relevant changes on the part of transit passengers. To address this issue, you can find it all in one place through PIS solutions which provide comprehensive public transport information that will improve customer service levels as well as productivity.

Technology advancements are critical when considering Passenger Information System market dynamics. Owing to constant growth in communication technologies and increasing bulkiness of ‘Internet of Things’ (IoTs), staying ahead is essential for PIS solutions. For this goal to be achieved we must integrate with a number data sources, make available mobile apps for passengers, among others like real-time tracking features. Technological advancements have resulted into improved provision of information and ability to meet changing needs of passengers that has seen enhancement capabilities of PIS systems realized.

Reasons leading to the emergence of Passenger Information networks include urbanization and growing complexity in public transport networks. A reliable and efficient transportation system is crucial especially when cities expand their borders. Through giving out information on one platform only, PIS eases multi-layered inter-modal network complexities facing transit authorities today. This consolidation leads to increased operational efficiency which minimizes confusion among passengers while at same time structuring travel making it more organized.

Some marketing considerations highly impacting on the sector Include; customer satisfaction, and passenger engagement. Nowadays, it is on high demand that public transit riders anticipate more comfort and efficiency from its operators. Improved passenger experience can be achieved by deploying PIS systems with user-friendly interfaces, current information among other interactive features. In addition to increasing happiness, PIS solutions build confidence and dependability in public transportation systems by providing passengers with pertinent information and services.

Passenger Information Systems are being utilized due to their cost effectiveness. Providing good services to customers at optimal operating expenses is the objective of most transit agencies looking for solutions. Saving money through improved operational efficiency as well as streamlined communication which reduces the need for manual announcements are ways that PIS solutions help. Other factors supporting a cost effective adoption include compatibility with existing infrastructure, adaptability to various transport modes exhibited by PIS systems.

To increase the attractiveness of PIS systems more, they have been made to be interoperable and easily integrated with each other. Typically, such public transport networks are comprised of different types of transportation and service providers. To make it possible for commuters to enjoy a single or unified process of traveling, these PIS platforms must mesh easily with present communication infrastructure, data sources and other touchpoints. This makes the compatibility very useful in cases involving various modes of transportation.

Covered Aspects:
Report Attribute/Metric Details
Segment Outlook Component, Transportation Mode, Solutions, Services and Region
Leading companies partner with us for data-driven Insights
clients
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.