Market Overview
The Passenger Information System (PIS) market is anticipated to increase from USD 33.68 billion in 2023 to USD 66.13 billion by 2030, representing a compound annual growth rate (CAGR) of 11.90% over the forecast period (2023-2030).
The Passenger Information System (PIS) market is witnessing rapid growth driven by the increasing demand for real-time information and enhanced passenger experience in the transportation sector. These systems provide passengers with timely updates related to travel schedules, delays, and other essential information. The integration of advanced technologies such as the Internet of Things (IoT), artificial intelligence (AI), and cloud computing is fueling the market's growth by enabling better communication and data sharing between transport authorities and passengers.
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The Passenger Information System (PIS) market is anticipated to increase from USD 33.68 billion in 2023 to USD 66.13 billion by 2030, representing a compound annual growth rate (CAGR) of 11.90% over the forecast period (2023-2030).
The Passenger Information System (PIS) market is witnessing rapid growth driven by the increasing demand for real-time information and enhanced passenger experience in the transportation sector. These systems provide passengers with timely updates related to travel schedules, delays, and other essential information. The integration of advanced technologies such as the Internet of Things (IoT), artificial intelligence (AI), and cloud computing is fueling the market's growth by enabling better communication and data sharing between transport authorities and passengers.
Request a Free Sample Copy or View Report Summary: https://www.marketresearch...
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