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Real-Time Passenger Information Systems Market Size - By Component, By Solution, By Mode of Transportation, By Deployment Mode, Analysis, Share, Growth Forecast, 2025 - 2034

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Real-Time Passenger Information System Market Size

The global real-time passenger information systems market was valued at USD 29.8 billion in 2024 and is projected to grow at a CAGR of 12.1% between 2025 and 2034. Rapid urbanization coupled with the significant increase in traffic congestion has necessitated the introduction of real-time passenger information (RTPI) systems in cities. These systems are geared towards improving the efficiency of public transportation and reducing delays. Also, these cabs provide accurate up-to-date information on the schedules, routes, and any inconveniences that may arise to the mass transport users, thereby empowering them to make the right travel choices.
 

Real-Time Passenger Information System Market

Bound together with the smart city system, these RTPI systems ensure that there is enhancement of urban mobility through optimally connected public transportation systems. Digital infrastructure development is also a focus for the government and transport authorities for the sake of meeting modern-day commuters’ demands. In addition, the evolving multi-modal transport systems will call for more effective RTPI systems in managing different transport modes.

Furthermore, the consolidation of government plans targeted at improving the public transport system has played a very vital role in the expansion of the real time passenger information (RTPI) systems market. In the recent past, the global streamlining of urbanization has led to major increases in population density. This has compelled most governments to shift their focus towards smart city initiatives through massive upgrades in the transport networks to foster maximum efficiency and passenger contentment. During RTPI deployment which are used to monitor schedules of buses, trains, and tram services systems along with RTPI technology were used.
 

Additionally, there is a government wide push for emission cutbacks, which when supported by RTPI systems that bring greater dependability to public transport will facilitate the use of more green modes of transport. The global trend is characterized by increasing financial incentives, coupled with subsidies and national regulations which hasten the uptake of RTPI systems.
 

Real-Time Passenger Information System Market Trends

Communication technologies are getting better, and real-time passenger information systems are benefiting from these improvements. The low latency and high data transmission speeds of the 5g networks allow for real time updates of the passengers. With the internet of things and high-tech gps, it is now easier to track vehicles and accurately know when they are going to arrive at the destination. AI and machine learning are now being used to make route planning and predictive analytics more effective, which helps to send out accurate messages when a delay is happening.
 

At last, cloud-based communication approaches allow for simple and flexible integration across transportation systems. These technologies allow operators to create amazing passenger experiences by providing engaging solutions to the issues. The progressive changing in technology in communication fits well with the global need for smart cities thus there is adoption of RTPI systems globally.
 

For instance, In May of 2024, Indonesia revealed plans to start developing 5G integrated smart transportation systems with a goal to improve urban mobility, traffic and overall transportation efficiency. The real-time exchange of data between vehicles and crucial communication infrastructure is enabled by the low latency and the wide coverage that the 5G topology presents. This feature allows a variety of tasks, such as commands on the performance of self-driving cars and the work of smart traffic control systems.
 

Small and mid-sized transport services have a hard time competing in the RTPI market, as it comes with high costs regarding both implementation and maintenance. Ascribing hardware like display units, sensors and communication devices incurs a hefty amount and so does integrating them with legacy software and regular system upgrades. Hiring skilled labor, maintaining system accuracy and real time accuracy comes at a price and requires consistent investment. Where public transit funding and budget for regions is lacking, such costs mostly set back or completely stunt the implementation of RTPI services. This is more prominent in developing countries as infrastructure revolution competes with other fundamental goals.
 

Real-Time Passenger Information System Market Analysis

Real-Time Passenger Information System Market, By Component, 2022 – 2034 (USD Billion)

Based on components, the market is segmented into hardware, software, and services. In 2024, the hardware segment accounted for over 40% of the market share and is expected to exceed USD 32 billion by 2034. The hardware segment takes up the largest portion of the real time passenger information (RTPI) systems market, as it is critical for the use of this system.
 

Hardware components such as display units, GPS units, sensors, routers, and communication devices are key elements of RTPI systems since they act as links between the end users and the data providers. The increasing use of signage and dynamic displays on buses, trains and stations helps to enhance the quality of the passenger’s and turn them into active users by updating them with schedules, delays and routes in real time. Also, the use of IoT-enabled sensors and advanced communication modules increases the certainty and trustworthiness of the information delivered.
 

Real-Time Passenger Information System Market, By Deployment Mode, 2024

Based on deployment mode, the real-time passenger information systems market is divided into on-premise, and cloud-based. The cloud-based segment held around 66% of the market share in 2024. The clouds segment holds the highest market share in real time passenger information systems RTPI due in most provides the ability to scale to many locations without increased cost and easy to deploy. These cloud solutions remove the need for costly on premises infrastructure which saves money and allowed less wasted time on over complex installations.
 

These solutions allow for simple and easy data storage and processing ensuring that whenever a passenger need to check something it is up to date on every platform the passenger uses. In addition, IoT devices in addition to big data usage allow cloud to big data and IoT integration further improves the accuracy of the systems and overall operational effectiveness. Its accessibility over the internet helps transportation institutions administer and supervise systems from anywhere, thus giving more options in terms of use.
 

U.S. Real-Time Passenger Information System Market, 2022- 2034 (USD Billion)

In 2024, the North America real-time passenger information systems market accounted for around 35% revenue share and is expected to surpass USD 28 billion by 2034. U.S. leads the market in the North America region and is expected to exceed USD 24 billion by 2034. The real-time passenger information systems industry is led by the United States with considerable investment in smart city projects and an established public transport infrastructure.
 

New RTPI systems are being installed in the large cities of New York, Chicago, and Los Angeles to improve service standards for travelers and increase the efficiency of the transportation system. The boom in the use of Big Data in an IoT environment, AI, and other technologies enables efficient real-time data processing, storage, and sharing. In addition to this, the initiatives taken and resources provided for upgrading public transport systems in the US, especially with the availability of smartphone technology, have further facilitated the spread of RTPI systems throughout the country.
 

Europe is also active in the real-time passenger information systems market to create a strong public transport system with smart city technology integration. Germany, the United Kingdom, and France accounts for a large share in the global market as they has been quick to embrace new technologies and inject capital towards integrating the existing railways and buses.
 

The active campaign of the EU for the reduction of CO2 footprint has also contributed towards the faster employment of RTPI systems to optimize public transport service delivery. Similarly, growing opportunities in urban areas and the need for travelers to receive timely information have also continued to stimulate the market within the region.
 

The Asia Pacific has emerged as one of the most promising markets for RTPI Systems while undergoing rapid infrastructure growth. The shift toward RTPI Systems in this region has been driven by increased urbanization, investment in smart city projects, and growth in the public transport sector. China, India, and Japan are leading the modernization of transport networks due to their increase in smart city programs which serve to improve the commuting experience.
 

The growth in IoT and Cloud Solutions is also facilitating the further development of the real-time passenger information systems market. Furthermore, growing penetration of smartphones and increasing demand for mobile applications with real-time information encourages the use of RTPI Systems making it an attractive market for RTPI System stakeholders to focus on.
 

In the MEA region, smart city programs and investments in the transportation sector in the form of projects related to public transport in UAE and Saudi Arabia, are stimulating the growth of this region. In Latin America, the market has been growing steadily with Mexico and Brazil have set a goal to upgrade its transport networks. In both regions, increased urbanization and government-sponsored projects that seek to improve the public transportation system efficiency and the passengers’ experience remain the focus. However, the growth in these regions has lagged compared to developed markets.
 

Real-Time Passenger Information System Market Share

Mitsubishi Electric Corporation, Cisco Systems, and Hitachi, Ltd. collectively held a substantial market share of over 13% in the real-time passenger information systems market in 2024. To improve system accuracy, Mitsubishi Electric integrates advanced AI and IoT into real-time passenger systems. The company develops sophisticated and tailored systems because of their competence in designing transport solutions for railways and other mass transit services. Also, through joint efforts with transport operators and constant development provisions, the company guarantees communication in real-time, providing an added value for commuters.
 

Cisco Systems has embedded its IoT and networking offerings to provide State-of-the-art real time passenger information systems. The business seeks to employ merging and alt computing so when clouds are established, data can be processed in an expeditious manner. Cisco combines the infrastructure into real-time transactions by entertaining joint efforts with public transit authorities and channels to instantly update transit operations to engage passengers in multiple transport forms.
 

Hitachi implements its own Lumada IoT platform and data finds its use in collecting and building analytics in real time passenger information systems aimed at improving operational efficiency and enhancing passenger satisfaction. Through partnerships and through digitization initiatives, Hitachi partners with reliable services to extend environmentally friendly and simple public transportation infrastructure modernization.
 

Real-Time Passenger Information System Market Companies

Major players operating in the real-time passenger information systems industry are:

  • Alstom SA
  • Cisco Systems
  • Hitachi, Ltd.
  • Huawei Technologies Co.
  • Indra Sistemas
  • Mitsubishi Electric Corporation
  • Nokia
  • Siemens Mobility
  • Thales Group
  • Wabtec Corporation
     

The RTPI marketplace has an international and local dimension with heavily segmented markets allowing operators to serve the different requirements of transport authorities and operators. International players dominate the market through acquisitions, sustaining their diverse portfolios of RTPI products, which include mobile applications, integrated hardware and cloud-based software systems. Their consistent approach to enhance the disposition of accurate, instant, and dependable updates to passengers, as well as effective integration through multimodal transport systems, have further consolidated their market leadership across the globe, particularly in metropolitan centers with developed transport systems.
 

Regional vendors, however, continue to be active by leveraging their comprehensive knowledge of the region’s real-time passenger information systems market and providing low-cost solutions that can meet the needs such as local language services, availability of regional compliance and special deployment models. On the other hand, the increasing trends of smart transportation, the need for interoperability and the increasing need for advanced data analytics is forcing regional players to seek or partner with global players.
 

The market is anticipated to encounter significant consolidation due to the growing mergers and acquisitions spurred by domestic industries to penetrate the technology gap and compete effectively in the global market. This is expected to change the structure of competition in the real time passenger information systems market and promote new ideas for the more extensive use of RTPI solutions in different types of transit systems.
 

Real-Time Passenger Information System Industry News

  • In October 2024, Wabtec Corporation reached an important agreement with Siemens Mobility to provide passenger information systems for Munich S-Bahn trains, which is worth several million euros. The aim of this multi-million-euro deal is to improve the overall experience of passengers by facilitating them with relevant real time information in an easy and exhaustive manner. Beginning in 2025, Wabtec will begin delivering passenger information systems for 90 additional S-Bahn trains. The systems will be built in Brunnthal, Germany, in a factory owned by Wabtec.
     
  • In August 2024, Mwasalat, Oman’s public transportation company, announced plans to set to enhance its service by equipping different bus stations and standalone bus stops throughout the Sultanate with Real Time Passenger Information (RTPI) systems. Through this initiative, it is aimed to provide the passengers with reliable information about the buses such as the arrival and departing times, enabling them to have an improved travel experience.
     

The real-time passenger information systems market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn) from 2021 to 2034, for the following segments:

Market, By Component

  • Hardware
    • Displays
    • Networking devices
    • Sensors
    • Communication devices 
  • Software
    • Data management software
    • Information display software
  • Services
    • Installation and maintenance
    • Consulting and system integration

Market, By Solution

  • Information display systems
  • Announcement systems
  • Infotainment systems
  • Emergency communication systems
  • Video surveillance system
  • Others

Market, By Mode of Transportation

  • Roadways
  • Railways
  • Airways
  • Waterways

Market, By Deployment Mode

  • On-premise
  • Cloud-based

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Nordics
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • ANZ
    • Southeast Asia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa

 

 

Authors: Preeti Wadhwani, Aishvarya Ambekar
Frequently Asked Question(FAQ) :
What is the size of the North America real-time passenger information industry?
The North America market held a 35% revenue share in 2024 and is expected to surpass USD 28 billion by 2034, driven by advanced public transportation networks and significant investments in smart city initiatives.
Who are the major players in the real-time passenger information system market?
Why is the adoption of cloud-based RTPI systems increasing?
How big is the real-time passenger information system market?
Real-Time Passenger Information Systems Market Scope
  • Real-Time Passenger Information Systems Market Size
  • Real-Time Passenger Information Systems Market Trends
  • Real-Time Passenger Information Systems Market Analysis
  • Real-Time Passenger Information Systems Market Share
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    Premium Report Details

    Base Year: 2024

    Companies covered: 20

    Tables & Figures: 200

    Countries covered: 21

    Pages: 180

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