Passenger Information System Market

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Passenger Information System Market
One-Stop Shop for Business Information
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Summary
Passenger information systems are the solutions
from IT vendors to the transport service
providers which helps these operators to provide
real time scheduling information to the
passengers. These solutions act as a medium for
interaction between transport service providers
and the passengers. In this report passenger
information systems refer to the IT solutions and
systems which are used to provide real-time
information on arrival and departure, and other
features such as news broadcast, emergency
communication, and in-transit entertainment. With
the evolution of new telecommunication
technologies and increased adoption of
smartphones, the demand for in-transit
connectivity also increased. Technologies such as
3G and other higher generation communication
fuelled this demand. On the other hand transport
service providers are readily accepting the smart
transport/traffic solutions being offered from IT
vendors.
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The deployment of these solutions also
distinguishes one service providers from others.
Requirement of such solutions is significantly
high in cities which are observing very high
growth in urbanization. As the urban population
is increasing the requirements for public
transport is also increasing In airways segment,
the adoption was very high in early stages but
later the adoption was observed quite high in
railways and now in roadways. Railways segment
accounts for highest revenue generation but the
growth rate is significantly high in roadways
segment. The same trend will be followed for next
few years. In 2014 railways segment is the
highest contributor in passenger information
systems market revenues and it will remain on top
for the next 5 years.
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As mentioned above, high growth in urbanization
is one of the prime factors driving this market.
In the geographic regions, such as Asia Pacific
and Latin America, which are observing high
growth in urbanization, adoption and deployment
of passenger information systems will be
significantly higher than other regions. In terms
of revenue, North America and Europe will lead
the chart and remain on the top during the
forecasting period. Major challenges in this
market include legacy systems, and poor
infrastructure. The cost of replacing old legacy
systems or up gradation will be high which hamper
the overall adoption rate of passenger
information systems. On the other hand, there are
region which still lacks the basic networking and
communications infrastructure which is backbone
for passenger information systems.
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In near future, both of these factors will affect
significantly the adoption rate but with time the
impact of these two factors will be
diminished. For the market sizing and
forecasting, several assumptions have been taken
into consideration such as economic, regulatory,
and technological. For instance, exchange rates,
one of the economic factors, are expected to have
a moderate rating of impact on this market.
Therefore, dollar fluctuations are expected to
not seriously affect the forecasts in the
emerging APAC regions.
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Table Of Content

• 1 INTRODUCTION 19
• 2 EXECUTIVE SUMMARY 26
• 3 MARKET OVERVIEW 30
• 4 PASSENGER INFORMATION SYSTEMS MARKET SIZE AND
• FORECAST BY SYSTEMS 39
• 5 PASSENGER INFORMATION SYSTEMS MARKET SIZE AND
• FORECAST BY DEVICES AND COMPONENTS 48
• 6 PASSENGER INFORMATION SYSTEMS MARKET SIZE AND
• FORECAST BY SERVICES 61

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