Passenger Information System Market Size, Global Leading Players 2023, Business Overview, Revenue, Key Drivers 2028 The global Passenger Information System Market size is expected to reach USD 52.6 billion by 2028 from USD 29.3 billion in 2023, at a Compound Annual Growth Rate (CAGR) of 12.4% during the forecast period, according to a new report by MarketsandMarkets™. The competitive landscape and the existence of a robust vendor ecosystem play a pivotal role in propelling innovation and development within the passenger information system market. Download Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=200574830 Passenger Information System Market Dynamics: Drivers: Rise in demand for smart public transportation systems, including real-time transit information of passengers. Increase in adoption of handheld devices led to rise in connectivity and usage of advertising and information systems Advancements in technological solutions to enhance passenger experience Rise in urban population and traffic in public transportation systems Restraints: High costs involved in implementing and maintaining passenger information systems Stringent transportation regulatory policies. Opportunities: Adoption of IoT, 5G, and automation technologies to enhance technological optimization. Increase in penetration of cloud, big data, and analytics in PIS Decline in vehicle ownership with advancements in Mobility-as-a-Service (MaaS) List of Key Players in Passenger Information System Market: Advantech Co. (Taiwan) Alstom SA (France) Wabtec Corporation (US) Cisco Systems (US) Cubic Corporation (US) Siemens AG (Germany) Hitachi Ltd. (Japan) Huawei Technologies Co. (China) Mitsubishi Electric Corporation (Japan) Televic (Belgium) Get Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=200574830