Passenger Information System Market Share

Passenger Information System Market Share Analysis

The market for Passenger Information Systems (PIS) is influenced by technological progress, urbanization, and a greater interest in improving the overall passenger experience of transport systems. The use of real-time ICTs to enhance passenger interactions is another key feature of PIS technology. With constantly improving PIS systems, travelers can have instant access to information on timetables, delays, routes and more. This movement aligns with growing traveler’s needs for accurate information which will make their travel easier and more informed across different means of transport.

The need for intelligent interconnected transportation systems is reshaping trends within the Passenger Information System segment of the market. Smart cities are increasingly relying on PIS as an intelligent transport system takes hold across various municipalities and transit agencies. As such, these systems apply technologies like Internet of Things (IoT), sensors, and data analysis techniques among others that are aimed at optimizing transit operations; enhancing traffic flow; and overall network efficiency. Incorporating PIS into smart city initiatives falls under a wider initiative towards making urban transportation more sustainable; efficient; and passenger centrically focused.

Inclusion and accessibility factors are high determinants for future developments in the Passenger Information System industry. Transit authorities’ focus has been shifting to ensuring that PISs meet all passengers’ needs including those with disabilities. The availability of important features such as large font size visual displays, real time voice announcements and services available to people with different types disabilities creates the possibility of having great welcoming accessible transportation system.. This trend shows commitment to ensuring equality in terms transportation access for all people in the community.

The most noticeable trend in passenger information systems is their increasing integration onto mobile and wearable devices. Today, smartphones and wearables have driven this trend by enabling PIS systems to exploit such tools. PIS integrates mobile apps, QR codes and Bluetooth beacons to enhance on-the-go updates, navigation services and ticketing experiences for travelers. Transportation services are being digitized, which aligns with this trend. The objective here is to reach passengers where they are using their own devices.

Leading PIS providers are increasingly recognizing the value of data-driven insights and real-time analytics. For example, the use of big data analytics helps transit operators better understand passenger behavior; develop more efficient routes; but also improve quality of service provided.This includes operation decision-making process as well as crowd management and prediction of disruptions that happen by employing predictive analysis techniques.Even though there might be challenges associated with privacy issues, improved transport services through PIS-data driven solutions will benefit both the travellers and transit agencies at large.

PIS providers and transportation authorities in the market are increasingly joining hands. In order to ensure holistic solutions, PIS providers have partnered with transport agencies to develop and launch unique systems that enhance passenger trips while resolving operational bottlenecks. This trend encourages development of tailor-made solutions for various transport networks.