Passenger Information System Market Size and Share

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Passenger Information System Market Analysis by Mordor Intelligence

The global Passenger Information Systems market reached a valuation of USD 33.39 billion in 2025 and is set to advance to USD 54.18 billion by 2030, reflecting a healthy 10.16% CAGR. Rapid digital transformation of transit infrastructure, convergence of 5G, edge computing, and artificial intelligence, and stricter accessibility regulations are turning real-time information from a convenience into an operational linchpin. Transit agencies are shifting from one-off hardware investments toward cloud-centric, continually updated platforms that personalise data, predict disruptions, and synchronise multimodal journeys. Hardware upgrades remain indispensable for high-resolution displays and ruggedised processors, yet software has become the strategic battleground, delivering analytics that trim dwell times, reduce crowding, and support contactless payment. Competitive intensity is rising as established rail-technology firms acquire AI specialists to defend market positions, while new entrants exploit open standards to deliver mobile-first, API-rich solutions. Near-term headwinds—component shortages, LED price inflation, and rural connectivity gaps—temper growth but also accelerate migration to energy-efficient hardware and remote diagnostic software. Overall, the Passenger Information Systems market is transitioning into an ecosystem where value is captured through data-driven services rather than devices alone.

Key Report Takeaways

  • By component, hardware captured 47.1% of Passenger Information Systems market share in 2024, while software is on track for a 14.7% CAGR through 2030. 
  • By solution, information display systems led with 37.9% revenue share in 2024; mobile applications are projected to expand at a 16.7% CAGR. 
  • By deployment location, station and wayside installations held 56.4% share of the Passenger Information Systems market size in 2024, whereas on-board systems are growing fastest at 15.9% CAGR. 
  • By mode of transportation, roadway and bus networks represented 51.6% share in 2024; airport projects are forecast to rise at a 13.56% CAGR. 
  • By geography, North America accounted for 34.1% of 2024 revenue, while Asia-Pacific is forecast to record the quickest 12.67% CAGR to 2030.

Segment Analysis

By Component: Hardware Strength Endures as Software Gains Pace

Hardware secured 47.1% of 2024 revenue, anchoring the Passenger Information Systems market through mandatory investments in rugged displays, processors, and connectivity. Upgrades to higher-resolution LED panels and power-efficient drivers justify replacement cycles, even amid semiconductor shortages. Meanwhile, software revenues are accelerating at a 14.7% CAGR as operators migrate to cloud-native suites delivering AI-powered predictions and dynamic content rules. Services, though the smallest slice, enjoy superior margins because integration and lifecycle support require domain expertise scarce among transit agencies. Hardware vendors pivot toward bundled offerings that embed license fees, blurring lines between physical product and digital platform. JR East’s forthcoming AI-infused management system illustrates how software innovation now drives procurement decisions, relegating hardware to a commoditized foundation. Over the forecast horizon, the Passenger Information Systems market will reward suppliers capable of fusing reliable equipment with continuously evolving analytics.

Second-generation hardware increasingly ships with embedded operating systems ready for over-the-air updates, shortening commissioning times and enabling remote feature drops. That capability aligns with operators’ preference for operational rather than capital spending, smoothing budget approvals. Nonetheless, silicon lead-time volatility may prompt strategic stockpiling, inflating working capital needs for hardware-heavy vendors. Cloud-centric suppliers face different challenges, notably data-sovereignty compliance and cybersecurity accreditation, yet gain recurring revenue and higher customer stickiness. The distinction between hardware and software providers will keep narrowing, reshaping competitive clusters within the Passenger Information Systems market.

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Note: Segment Share of all individual segments available upon report purchase

By Solution: Mobile Apps Challenge Display Supremacy

Information and display systems accounted for 37.9% of 2024 solution turnover, reflecting longstanding regulations that mandate visual announcements for accessibility. Yet mobile applications are sprinting ahead at a 16.7% CAGR, becoming the primary touchpoint for itinerary adjustments and digital ticketing. Displays are far from obsolete; multilingual translation engines, like Toppan’s neural units at Haneda Airport, modernise signage for global travellers. Emergency communication modules gain traction as security standards tighten, bringing audio-visual alerts and network isolation into unified platforms. Video surveillance and infotainment, once optional, integrate seamlessly with information flows to monetise screen real estate during dwell times.

Operators now weigh app development road-maps as heavily as physical signage upgrades when allocating budgets, signifying a cultural shift in procurement criteria. For suppliers, releasing agile app updates every few weeks contrasts with multi-year display-hardware cycles, requiring new DevOps competences. Apps also unlock anonymised behavioural data, providing feedback loops that inform advertising placements and service planning. As regulators standardise open APIs, solution categories converge, transforming once-discrete silos into federated passenger-experience suites that will underpin the next growth wave in the Passenger Information Systems market.

By Deployment Location: On-Board Systems Accelerate

Station and wayside units drove 56.4% of 2024 spend because they serve every traveller and fulfil statutory obligations for public-space information. On-board systems, forecast to climb 15.9% CAGR, benefit from OEM-level integration into new rolling stock and buses. Wabtec’s LED and TFT package for Munich’s S-Bahn trains, featuring Bluetooth Auracast for hearing-impaired users, exemplifies how vehicle-mounted equipment now doubles as accessibility tech and infotainment canvas. Passenger Information Systems market size for on-board installations will therefore outpace station upgrades as large fleet replacement cycles progress.

Still, stations evolve into interactive hubs. Philadelphia International Airport’s AI-powered wayfinding kiosks combine flight data, retail offers, and emergency notifications on large touch LED panels. Seamless hand-off of data between train cars and platforms relies on synchronised back-end content managers, compelling vendors to offer end-to-end orchestration. Agencies weighing investment must balance visibility benefits of station displays against the personalised engagement of in-vehicle screens. Over time, connectivity advances and falling display prices will see a hybrid model dominate, elevating holistic platforms that integrate both environments within the Passenger Information Systems market.

Passenger Information System Market
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By Mode of Transportation: Aviation Ramps Up Digitization

Roadway and bus fleets retained 51.6% share in 2024, evidencing the sheer scale of municipal bus networks and mature display specifications. However, airport deployments are expanding at a 13.56% CAGR as authorities pursue contactless journeys and surge management. Collins Aerospace’s AirVue suite aggregates flight, weather, and retail feeds, pushing updates across concourses and mobile apps to meet stringent service-level targets. Rail sits mid-table, with high-speed and metro lines upgrading amid legacy signaling constraints. ST Engineering’s AGIL system in Queensland showcases rail’s shift to video-analytics passenger counting and 5G gateways.

Aviation’s investment intensity accelerates platform standardization, influencing road and rail procurement. Airlines and airports demand cloud scalability to cope with peak seasons and irregular operations, setting performance benchmarks other modes are beginning to adopt. Conversely, bus agencies continue to prioritize cost-efficient rugged hardware and open data that facilitates third-party innovation. The Passenger Information Systems market thus exhibits modal cross-pollination, where breakthroughs in one sector rapidly diffuse into others, raising the baseline for user experience across transport.

Geography Analysis

North America commanded 34.1% of 2024 revenue, thanks to decades of transit investment, early 5G rollout, and strict accessibility statutes that drive recurring upgrades. Federal programmes such as the USD 525,000 Nova Scotia demand-responsive grant illustrate ongoing policy support for digital transit. Agencies proceed cautiously, piloting USD 55,000 digital bus-stop signs in Chicago before large tenders. Legacy interoperability challenges and high labour costs temper speed, yet robust cybersecurity frameworks and telco partnerships allow sophisticated edge-AI pilots. Rural connectivity gaps persist, compelling investigation of Dedicated Short-Range Communications for resilience. Urban cores remain the revenue anchor, but suburban and rural programmes hold future upside.

Asia-Pacific is the Passenger Information Systems market’s fastest-growing region at 12.67% CAGR. Intense urbanisation, government-backed smart-city schemes, and tourism growth fuel demand for multilingual, cloud-native systems. Japan targets 45 million annual visitors by 2025, spurring installations of real-time translation displays at Haneda and Shinagawa. Hitachi’s USD 1.77 billion takeover of Thales Ground Transportation Systems doubled its engineering footprint, positioning the conglomerate for megaproject bids across the region. The region leads 5G rail pilots, as shown by CBTC-plus-5G tests in Hong Kong. Government funding typically bundles infrastructure with digital layers, compressing project timelines and widening supplier opportunities.

Europe maintains a sizeable share through regulatory harmonisation. Mandatory NeTEx and SIRI standards compel upgrades, creating a compliance-driven Passenger Information Systems market pipeline. Siemens Mobility’s EUR 2.8 billion deal with Deutsche Bahn to deploy digital signalling over a long-term horizon embodies the region’s shift toward framework contracts that assure integration continuity. Cross-border rail corridors prompt demand for multilingual, multimodal information services, while rural initiatives like RUMOBIL pilot innovative apps to connect low-density areas. Europe’s cybersecurity and data-privacy landscape adds complexity, yet fosters market entry for providers with robust compliance tooling.

Passenger Information System Market
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Competitive Landscape

Competitive Landscape

The Passenger Information Systems market exhibits moderate fragmentation. Long-standing rail suppliers such as Siemens, Hitachi, and Wabtec leverage installed bases and integration know-how to win modernisation contracts. Their strengths lie in turnkey hardware plus software portfolios, now buttressed by acquisitions; Hitachi’s Thales deal exemplifies this consolidation[3]Hitachi Ltd., “Acquisition of Thales Ground Transportation,” hitachi.com. Mid-tier challengers differentiate through cloud-native, API-first architectures that interoperate with any display or vehicle bus, eroding vendor lock-in post-standardisation.

Competition pivots on analytics sophistication, real-time processing, and cybersecurity credentials. 5G edge nodes, predictive ML, and accessibility-focused features like Bluetooth Auracast hearing assistance represent key battlegrounds. Vendors race to secure certifications under evolving critical-infrastructure frameworks, as breaches threaten service continuity and passenger trust. Open data mandates in Europe lower barriers for nimble software firms that can plug into existing displays, pressuring incumbents to open interfaces or risk displacement.

Pricing models shift toward subscription bundles coupling hardware warranties with software updates. This realignment attracts venture-backed startups offering low-capex entry and usage-based billing. Established players respond by forming strategic alliances with telecom operators and cloud providers to provide end-to-end service-level agreements. Over the forecast horizon, market power is expected to coalesce around firms combining scale hardware supply chains, AI-driven software, and regulatory compliance toolkits.

Passenger Information System Industry Leaders

  1. Alstom SA

  2. Cisco Systems

  3. Siemens AG

  4. Hitachi, Ltd.

  5. Wabtec Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Passenger Information System Market Concentration
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Recent Industry Developments

  • June 2025: JR East Group unveiled a generative-AI system for railway signal communications, targeting 50% faster recovery from failures by 2027.
  • June 2025: Hitachi and JR East began joint verification of AI agents for Tokyo-area operations, automating fault identification from Sep 2025.
  • February 2025: Siemens Mobility, with Leonhard Weiss, secured a EUR 2.8 billion contract to modernise Deutsche Bahn control and safety technology.
  • January 2025: Siemens Mobility won four contracts worth EUR 670 million with HS2 Ltd to deploy Automatic Train Operations over ETCS Level 2 in Britain.

Table of Contents for Passenger Information System Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Mobile and web-platform proliferation
    • 4.2.2 Urbanization and smart-city programs
    • 4.2.3 Public-transport digitization funding
    • 4.2.4 Multimodal ride-share data integration
    • 4.2.5 Predictive AI/ML reliability analytics
    • 4.2.6 5G edge-computing for dynamic PIS
  • 4.3 Market Restraints
    • 4.3.1 High capital and maintenance cost
    • 4.3.2 Rural connectivity limitations
    • 4.3.3 Cyber-security threats to open data feeds
    • 4.3.4 Legacy-system interoperability gaps
  • 4.4 Evaluation of Critical Regulatory Framework
  • 4.5 Technological Outlook
  • 4.6 Porter's Five Forces
    • 4.6.1 Bargaining Power of Suppliers
    • 4.6.2 Bargaining Power of Buyers
    • 4.6.3 Threat of New Entrants
    • 4.6.4 Threat of Substitutes
    • 4.6.5 Competitive Rivalry
  • 4.7 Impact Assessment of Key Stakeholders
  • 4.8 Key Use Cases and Case Studies
  • 4.9 Impact on Macroeconomic Factors of the Market
  • 4.10 Investment Analysis

5. MARKET SIZE AND GROWTH FORECAST (VALUE)

  • 5.1 By Component
    • 5.1.1 Hardware
    • 5.1.2 Software
    • 5.1.3 Services
  • 5.2 By Solution
    • 5.2.1 Information / Display Systems
    • 5.2.2 Announcement Systems
    • 5.2.3 Mobile Applications
    • 5.2.4 Emergency Communication Systems
    • 5.2.5 Video Surveillance Systems
    • 5.2.6 Infotainment and Others
  • 5.3 By Deployment Location
    • 5.3.1 On-board Systems
    • 5.3.2 Station / Wayside Systems
  • 5.4 By Mode of Transportation
    • 5.4.1 Railway
    • 5.4.2 Roadway / Bus and Coach
    • 5.4.3 Airway / Airports
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Rest of South America
    • 5.5.3 Europe
    • 5.5.3.1 United Kingdom
    • 5.5.3.2 Germany
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Spain
    • 5.5.3.6 Nordics
    • 5.5.3.7 Rest of Europe
    • 5.5.4 Middle East and Africa
    • 5.5.4.1 Middle East
    • 5.5.4.1.1 Saudi Arabia
    • 5.5.4.1.2 United Arab Emirates
    • 5.5.4.1.3 Turkey
    • 5.5.4.1.4 Rest of Middle East
    • 5.5.4.2 Africa
    • 5.5.4.2.1 South Africa
    • 5.5.4.2.2 Egypt
    • 5.5.4.2.3 Nigeria
    • 5.5.4.2.4 Rest of Africa
    • 5.5.5 Asia-Pacific
    • 5.5.5.1 China
    • 5.5.5.2 India
    • 5.5.5.3 Japan
    • 5.5.5.4 South Korea
    • 5.5.5.5 ASEAN
    • 5.5.5.6 Australia
    • 5.5.5.7 New Zealand
    • 5.5.5.8 Rest of Asia-Pacific

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Advantech Co Ltd.
    • 6.4.2 Alstom SA
    • 6.4.3 Cisco Systems, Inc
    • 6.4.4 Siemens AG
    • 6.4.5 Hitachi, Ltd
    • 6.4.6 Wabtec Corporation
    • 6.4.7 Cubic Transportation Systems, Inc
    • 6.4.8 Thales Group
    • 6.4.9 Teleste Corporation
    • 6.4.10 EKE-Electronics Ltd
    • 6.4.11 Iris-GmbH Infrared and Intelligent Sensors
    • 6.4.12 init innovation in traffic systems SE
    • 6.4.13 Televic Rail NV
    • 6.4.14 Luminator Technology Group, LLC
    • 6.4.15 Annax GmbH (Wabtec)
    • 6.4.16 Huawei Technologies Co Ltd
    • 6.4.17 Mitsubishi Electric Corporation
    • 6.4.18 Samsung Electronics Co Ltd
    • 6.4.19 LG Display Co Ltd
    • 6.4.20 Passio Technologies, Inc

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-need Assessment
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Global Passenger Information System Market Report Scope

Passenger Information Systems (PIS) function as advanced digital communication platforms designed to deliver real-time updates to passengers utilizing public transportation networks, including buses, trains, subways, and airports. These systems play a critical role in enhancing the overall passenger experience by providing accurate, timely, and relevant information regarding travel schedules, potential delays, and other essential updates. By ensuring seamless communication, PIS contributes to improved operational efficiency and customer satisfaction within the public transportation sector.

The passenger Information System Market is Segmented by component (hardware, software, service), by solution (display system, announcement system, emergency communication system, mobile applications, video surveillance system emergency communication systems, others), by mode of transportation (railway, roadway, airway) and by geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa). The market sizes and forecasts are provided in terms of value (USD) for all the above segment.

By Component Hardware
Software
Services
By Solution Information / Display Systems
Announcement Systems
Mobile Applications
Emergency Communication Systems
Video Surveillance Systems
Infotainment and Others
By Deployment Location On-board Systems
Station / Wayside Systems
By Mode of Transportation Railway
Roadway / Bus and Coach
Airway / Airports
By Geography North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe United Kingdom
Germany
France
Italy
Spain
Nordics
Rest of Europe
Middle East and Africa Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Egypt
Nigeria
Rest of Africa
Asia-Pacific China
India
Japan
South Korea
ASEAN
Australia
New Zealand
Rest of Asia-Pacific
By Component
Hardware
Software
Services
By Solution
Information / Display Systems
Announcement Systems
Mobile Applications
Emergency Communication Systems
Video Surveillance Systems
Infotainment and Others
By Deployment Location
On-board Systems
Station / Wayside Systems
By Mode of Transportation
Railway
Roadway / Bus and Coach
Airway / Airports
By Geography
North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe United Kingdom
Germany
France
Italy
Spain
Nordics
Rest of Europe
Middle East and Africa Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Egypt
Nigeria
Rest of Africa
Asia-Pacific China
India
Japan
South Korea
ASEAN
Australia
New Zealand
Rest of Asia-Pacific
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Key Questions Answered in the Report

What is the current value of the Passenger Information Systems market?

The market is valued at USD 33.39 billion in 2025 and is projected to reach USD 54.18 billion by 2030, growing at a 10.16% CAGR.

Which component segment leads the Passenger Information Systems market?

Hardware commands 47.1% market share due to ongoing investment in high-resolution displays and connectivity equipment.

Why are mobile applications gaining prominence in passenger information?

Mobile apps deliver personalised real-time updates, integrate digital ticketing, and provide behavioural data that supports dynamic route optimisation.

Which region shows the fastest growth potential?

Asia-Pacific is forecast to expand at a 12.67% CAGR, driven by smart-city programmes and extensive 5G deployment.

How are 5G and edge computing influencing passenger information systems?

5G’s low latency enables dynamic in-vehicle alerts, while edge computing processes data locally, improving responsiveness and reducing backhaul costs.

What are the main barriers to wider adoption of advanced passenger information systems?

High capital costs for LED hardware, legacy system integration challenges, and rural connectivity limitations remain significant hurdles.

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