Global Passenger Information System (PIS) Market Size, Trends & Growth Opportunity, By Component (Hardware, Software, and Services), By Solution (Information Display System, Announcement System, Infotainment System, Passenger Information Mobile Application, and Emergency Communication Systems), By Mode of Transportation (Financial Airway, Railway, and Roadway), By Region and Forecast till 2027
Global Passenger Information System (PIS) Market
The global makeup remover market was valued at USD 26.52 billion in 2021 and it is expected to reach at USD 58.54 billion in 2027 at a CAGR of 11.9 % during forecast period 2022-2027.
Passenger information system (PIS) is the communication link between passengers and transit agency.  It enables to provide information related to real time vehicle location, and status updates, timely announcements, and schedule of journey. PIS focus on improvements of the transit experience for passengers by entertaining the passengers through infotainment system.
Market Drivers
Increase in demand for consistent, real time and reliable passenger information is the key driving factor which is expected to boost the global passenger information system (PIS) market growth. Furthermore, rise in penetration of smartphones with enhanced connectivity improves the transit experience will positively contribute the market growth. Moreover, increase in frequency of passenger journey through public transport which is expected to fuel the market growth in near future. Also, rise in adoption of Internet of things (IoT), cloud computing, and big data analytics to enhance passenger travel experiences will propel the global passenger information system market growth.  Cloud computing is essential and advanced technology which adopted for automation of different mode of transportation especially in railways. The PIS utilizes cloud computing technology to track the position of busses and calculated the arrival time to be displayed on real time information system at the bus stop.
Market Restraints
However, high maintenance and installation cost of passenger information system is the major restraining factor which is expected to hinder the global passenger information system (PIS) market growth. Also, outdated infrastructure and poor internet connectivity across underdeveloped nations will affect the market growth.
Covid-19 Impact
A public emergency is declared due to  outbreak of COVID-19 which adversely affect market due to  several restriction and lockdown imposed by government limiting  travel bans.Due to this a significant drop in the number of people utilizing public transport hinders the market growth.as lockdown measures were lifted public transport was run by maintaining physical distancing.
Recent Development
In 2021, Urban Rail Light Cloud, 5th generation LTE-R, and 5G uses “Digital Indoor System (DIS)” solutions which is discovered by Huawei Technologies providing  broadband connectivity and connected railways, enables rail operators to create smarter, safer, and more effective rail transportation networks.
Market Segmentation
Global Passenger Information System (PIS) Market is segmented into component such as Hardware, Software, and Service, by solution such as Information Display System, Announcement System, Infotainment System, Passenger Information Mobile Application, and Emergency Communication Systems. Further, market is segmented into mode of transportation such as Airway, Railway, and Roadway.
Also, Global Passenger Information System (PIS) Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as CISCO, CUBIC, WABTEC, ALSTOM, SIEMENS AG, HITACHI, HUAWEI, THALES, TELESTE, and MITSUBISHI ELECTRIC
Market Taxonomy
By Component
• Hardware
• Software
• Service
By Solution
• Information Display System
• Announcement System
• Infotainment System
• Passenger Information Mobile Application
• Emergency Communication Systems
By Mode of Transportation
• Airway
• Railway
• Roadway
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Passenger Information System (PIS) Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?

Global Passenger Information System (PIS) Market 
1 Introduction 
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Passenger Information System (PIS) Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Passenger Information System (PIS) Market, By Component
5.1 Y-o-Y Growth Comparison, By Component 
5.2 Global Passenger Information System (PIS) Market Share Analysis, By Component 
5.3 Global Passenger Information System (PIS) Market Size and Forecast, By Component
5.3.1 Hardware
5.3.2. Software
5.3.3. Services
6 Global Passenger Information System (PIS) Market, By Solution
6.1 Y-o-Y Growth Comparison, By Solution
6.2 Global Passenger Information System (PIS) Market Share Analysis, By Solution
6.3 Global Passenger Information System (PIS) Market Size and Forecast, By Solution
6.3.1 Information Display System
6.3.2 Announcement System
6.3.3. Infotainment System
6.3.4. Passenger Information Mobile Application
6.3.5. Emergency Communication Systems
7 Global Passenger Information System (PIS) Market, By Mode of Transformation
7.1 Y-o-Y Growth Comparison, By Mode of Transformation
7.2 Global Passenger Information System (PIS) Market Share Analysis, By Mode of Transformation
7.3 Global Passenger Information System (PIS) Market Size and Forecast, By Mode of Transformation
7.3. 1. Airway
7.3.2. Railway
7.3.3. Roadway
8Global Passenger Information System (PIS) Market, By Region
8.1 Global Passenger Information System (PIS) Market Share Analysis, By Region
8.2 Global Passenger Information System (PIS) Market Share Analysis, By Region
8.3 Global Passenger Information System (PIS) Market Size and Forecast, By Region
9 North America Passenger Information System (PIS) Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Passenger Information System (PIS) Market Share Analysis, By  Component
9.3 North America Passenger Information System (PIS) Market Size and Forecast, By Solution
9.4 North America Passenger Information System (PIS) Market Size and Forecast, By Mode of Transformation
9.5 North America Passenger Information System (PIS) Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10EuropePassenger Information System (PIS) Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Passenger Information System (PIS) Market Share Analysis, By  Component 
10.3 Europe Passenger Information System (PIS) Market Size and Forecast, By Solution 
10.4 Europe Passenger Information System (PIS) Market Size and Forecast, By Mode of Transformation
10.5 Europe Passenger Information System (PIS) Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Passenger Information System (PIS) Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Passenger Information System (PIS) Market Share Analysis, By  Component 
11.3 Asia Pacific Passenger Information System (PIS) Market Size and Forecast, By Solution 
11.4 Asia Pacific Passenger Information System (PIS) Market Size and Forecast, By Mode of Transformation
11.5 Asia Pacific Passenger Information System (PIS) Market Size and Forecast, By Country
11.5.1 China 
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Passenger Information System (PIS) Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Passenger Information System (PIS) Market Share Analysis, By  Component 
12.3 Latin America Passenger Information System (PIS) Market Size and Forecast, By Solution 
12.4 Latin America Passenger Information System (PIS) Market Size and Forecast, By Mode of Transformation
12.5 Latin America Passenger Information System (PIS) Market Size and Forecast, Country
13Middle East Passenger Information System (PIS) Market Analysis and Forecast (2022-2027)
13.1 Introduction
 13.2 Middle East Passenger Information System (PIS) Market Share Analysis, By  Component 
13.3 Middle East Passenger Information System (PIS) Market Size and Forecast, By Solution 
13.4 Middle East Passenger Information System (PIS) Market Size and Forecast, By Mode of Transformation
13.5 Middle East Passenger Information System (PIS) Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 CISCO
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. CUBIC
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. WABTEC
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 ALSTOM
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 SIEMENS AG
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 HITACHI
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 HUAWEI
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies 
15.8 THALES
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 TELESTE
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 MITSUBISHI ELECTRIC
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies