Passenger Information Systems Market

By Transport Mode;

Airways, Railways, and Roadways

By Component;

Solution and Services

By location;

On-Board and In-Station

By End-Use;

Information Display System, Announcement System, Infotainment System, Passenger Information, Mobile Applications Emergency, and Communication Systems

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn626546849 Published Date: August, 2025

Passenger Information Systems Market Overview

Passenger Information Systems Market (USD Million)

Passenger Information Systems Market was valued at USD 32,522.03 million in the year 2024. The size of this market is expected to increase to USD 70,117.59 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.6%.


Passenger Information Systems Market

*Market size in USD million

CAGR 11.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)11.6 %
Market Size (2024)USD 32,522.03 Million
Market Size (2031)USD 70,117.59 Million
Market ConcentrationLow
Report Pages351
32,522.03
2024
70,117.59
2031

Major Players

  • Advantech
  • Alstom
  • Cisco Systems
  • Cubic
  • Siemens AG
  • Thales Group
  • Hitachi, Ltd
  • Advantech Co., Ltd
  • Huawei Technologies Co., Ltd
  • INIT GmbH

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Passenger Information Systems Market

Fragmented - Highly competitive market without dominant players


The Passenger Information Systems Market is rapidly evolving as transit operators focus on delivering real-time updates to commuters. More than 65% of public transportation services are now equipped with intelligent systems that share automated travel information, reducing confusion and improving the passenger experience. The rising demand for connected and informed travel is creating ample opportunities for innovation and the integration of advanced technologies.

Technology-Driven Transformation in Public Transport
As transit networks shift toward modernization, AI-powered platforms and cloud-based services now make up over 58% of the systems being implemented. These solutions offer better routing, efficient communication, and automated scheduling, marking a shift from traditional systems. Transport firms are implementing forward-thinking strategies and entering partnerships to deploy smarter, more adaptable platforms. These advancements are strengthening market growth and enabling rapid technological progress.

Industry Alliances Boosting System Efficiency
With over 62% of systems emerging from collaborative ventures, the market reflects a shift toward stronger integration and interoperability. Key stakeholders are pursuing mergers and cooperative agreements to modernize outdated systems and develop streamlined networks. These efforts are enhancing service delivery, accelerating market expansion, and driving long-term value creation in the transportation technology space.

Digital Mobility Trends Shape the Market's Future
Looking ahead, over 66% of emerging developments will focus on cloud connectivity, data analytics, and mobile integration. These pillars are essential for building next-gen platforms that meet evolving commuter needs. As digital infrastructure continues to evolve, so does the Passenger Information Systems Market, with ample room for expansion, innovation, and future-forward strategies centered around mobility transformation.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Transport Mode
    2. Market Snapshot, By Component
    3. Market Snapshot, By location
    4. Market Snapshot, By End-Use

    5. Market Snapshot, By Region
  4. Passenger Information Systems Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Urbanization
        2. Demand for Real-time Information
        3. Government Investments
      2. Restraints
        1. High Initial Costs
        2. Integration Challenges
        3. Legacy Infrastructure
      3. Opportunities
        1. Enhanced Passenger Experience
        2. Smart Cities Initiatives
        3. Predictive Analytics
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Passenger Information Systems Market, By Transport Mode, 2021 - 2031 (USD Million)
      1. Airways
      2. Railways
      3. Roadways
    2. Passenger Information Systems Market, By Component, 2021 - 2031 (USD Million)
      1. Solution
      2. Services
    3. Passenger Information Systems Market, By location, 2021 - 2031 (USD Million)
      1. On-Board
      2. In-Station
    4. Passenger Information Systems Market, By End-Use, 2021 - 2031 (USD Million)

      1. Information Display System

      2. Announcement System

      3. Infotainment System

      4. Passenger Information

      5. Mobile Applications

    5. Passenger Information Systems Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Advantech
      2. Alstom
      3. Cisco Systems
      4. Cubic
      5. Siemens AG
      6. Thales Group
      7. Hitachi, Ltd
      8. Advantech Co., Ltd
      9. Huawei Technologies Co., Ltd
      10. INIT GmbH
  7. Analyst Views
  8. Future Outlook of the Market