Market Size and Growth Outlook
The Passenger Information System Market grew from USD 32.45 Billion in 2024 to USD 36.35 Billion in 2025. The projected future value is USD 113.10 Billion by the year 2035. This represents a compound annual growth rate of 12.02% during the forecasted period of 2025–2035.
Key Report Highlights
The passenger information system helps to communicate real-time information to passengers across a network of public transportation. Real-time information includes schedules, arrivals, delays, and changes to the route. These systems are used across a variety of public transportation modes, such as buses, rail, metro and airports.
The increasing use of public transport such as buses, metros, and railways is causing the increase in demand of PIS. The governments are encouraging people to use public transport in order to avoid congestion, which is causing transport companies to adopt real time information technologies that will make life easy and efficient for passengers. The increasing population in cities is putting a strain on public transport facilities, thus there is more need for efficient passenger communication systems. The growth of the market can be attributed to an increase in investments in smart transportation infrastructure. An increase in the need for real-time information on public transportation is driving the adoption of the system. Improvements are seen in digital display technology, GPS, and cloud technology. The adoption of integrated mobility management platforms for fleet and passenger data is creating new growth opportunities for the market, while the expansion of smart city projects is generating demand for integrated transport communication systems within urban areas.
By component, the hardware segment dominated the market in 2024, driven by rising deployment of digital display and communication systems across transport networks, while the services segment is expected to record the fastest CAGR during the forecast period, considering the growing requirement for system integration and technical support. By transportation mode, the railways segment held a significant share in 2024, considering the large volume of passengers and growing demand for real-time updates on travel schedules, while the roadways segment is projected to grow at the fastest CAGR during the forecast period, due to rising adoption of intelligent transport systems in urban mobility. By application, the station information display segment accounted for the largest market share of 47.28% in 2024, while the mobile information services segment is forecasted to record the fastest CAGR during the forecast period.
North America led the market with a 37.50% share and was valued at USD 13.63 billion in 2024, and is expected to reach USD 42.41 billion by 2035. The country that contributed the highest share of 80.40% in 2025 was the US, under the North American region. Asia Pacific is expected to register the highest growth rate during the forecast period, attributed to the expansion of urban rail infrastructure and increased investments in smart transportation infrastructure especially in China, India and Japan.
Passenger Information System Market Trends
- Transit companies are implementing technologies that enable real-time reporting of arrivals, delays, and route alterations based on GPS and IoT infrastructure.
- Cloud-based systems are becoming popular for handling passenger information systems owing to their scalability, affordability, and easy access remotely.
- The power of AI is being leveraged to forecast delays, passenger demand, and traffic conditions for improved efficiency and commuter satisfaction.
- Programs initiated by governments for the development of smart cities are incorporating passenger information systems within a larger network of intelligent transport systems.
- Passengers are being updated via mobile applications, digital displays, websites, and even social media channels.
List of Key Players in Passenger Information System Market
- Siemens Mobility GmbH (Germany)
- Alstom SA (France)
- Hitachi Rail Limited (UK)
- Thales Group (France)
- Cubic Corporation (U.S.)
- Teleste Corporation (Finland)
- ST Engineering Electronics Ltd. (Singapore)
- Luminator Technology Group (U.S.)
- INIT GmbH (Germany)
- Indra Sistemas S.A. (Spain)
Passenger Information System Market Segmentation
The Passenger Information System Market can be segmented on the basis of component, transportation mode and application:
Passenger Information System Market Component Outlook, Revenue (USD Billion) (2025–2035)
- Hardware
- Software
- Services
Passenger Information System Market Transportation Mode Outlook, Revenue (USD Billion) (2025–2035)
- Railways
- Roadways
- Airways
- Waterways
Passenger Information System Market Application Outlook, Revenue (USD Billion) (2025–2035)
- Station Information Display
- Onboard Information System
- Mobile Information Services
Passenger Information System Market Regional Outlook, Revenue (USD Billion) (2025–2035)
- North America
- Canada
- Mexico
- U.S.
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Europe
- Germany
- France
- UK
- Spain
- Russia
- Italy
- BENELUX
- Latin America
- Argentina
- Brazil
- Chile
- Middle East and Africa
- GCC
- Turkey
- South Africa