Global Eye Tracking Market Size is estimated to expand rapidly in coming years, at a CAGR of 25.1% from 2018 to 2027. In 2017, the global market valuation was 285.6 million, and it is anticipated to be greater than USD xx.xx million by 2027. Eye tracking system is sensor-based eye movement software. The method for eye tracking offers visibility into the blinking speed, the response of the pupil and the person's visual location. Eye tracking technologies can be achieved by using cameras or infrared projection devices. Infrared light is projected into the eyes and the reflected light is then detected by the sensor to determine the position of the view.
Global Market Growth Opportunities (Revenue, Growth) By 2018-2027
This eye tracking data on eye fixations and movements is used by the researchers to measure stimuli, to compare group behavior and to assess the process of attention. Therefore, various retail companies employ strategies to better understand market quality and consumer behavior, through attracting consumers' visual attention to packaging design, product advertisement, marketing and product placement.
In addition to the physical use of the keypad or mouse, option tracking solutions can be incorporated into input devices such as keyboards, touchpad and others. The eye-tracking solution therefore helps to increase the user interface with individual physical or cognitive impairments. This is one of the major factors contributing to the expansion of the demand for optical tracking solutions over the forecast period. Therefore, eye detection tools are included in car systems. To order to improve drivability and exploit protections, most manufacturers are implementing eye tracking technologies.
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global eye tracking market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global eye tracking market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
The analysis of the report is carried on various primary and secondary data sources. The primary sources include conduction interviews with numerous industry analysts, suppliers, distributors, and other involved professionals. The secondary sources include a review of statistical data from press releases, government websites, annual reports of the companies, and other relevant documents.
During interviews, these primary and secondary sources provide exclusive information, which acts as a validation from global eye tracking market leaders. Access to an extensive internal repository and external proprietary databases helps this study to address questions and details regarding the market. Also, the report uses the top-down approach to assess the figures for each segment and to counter-validate them with the bottom-up approach.
We have covered two proprietary models in the eye tracking report, the FPNV Positioning Matrix and the Competitive Strategic Window and. The FPNV Positioning Matrix analyses players’ competitive marketplace in terms of product satisfaction and business strategy they follow to sustain in the market. In terms of applications, markets, and geographies, the Competitive Strategic Window analyses the competitive landscape.
By Type Insights: On the basis of type, global eye tracking market has been segmented into eye attached tracking, optical tracking, and electrooculography. Among which optical tracking segment is expected to witness high growth in the global market of eye tracking. Eye-attached capturing systems identical to magnetic and mirror sensor-integrated contact lenses which track sight independently of head movement. The direction of sight can be monitored vertically, torsely or horizontally. The eye-catching solutions would be particularly useful in the fields of healthcare and science, shopping and consumer electronics, because the acquisition of sight is not disrupted, even if the user subtly turns his head and travels.
By Component Insights: On the basis of component, global eye tracking market has been segmented into hardware and software. Vision captureing applications hardware and software modules differ by tracker properties. Hardware components include a head-mounted vision recording unit with cameras and sensors, an eye-tracking glass or lenses as well as an external or internal storage device for collecting and storing data collected by sight trackers in the case of an eye-moved tracking operation. On the other hand, the program is installed inside a mobile computer collecting information from the head-mounted device.
The eye tracking market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. Geographically, Western Europe and North America are the main providers of eye monitoring solutions. North America and Western Europe together are therefore expected to hold a large percentage of the global market in eye tracking solutions.
However, a great deal of demand for the industry for eye-tracking technologies is anticipated from many Asia-Pacific countries. During the forecast period Asia-Pacific is probably the highest CAGR. More and more vision-tracing is projected to cause growth in the regional market, particularly in consumer electronics.
Global Eye Tracking Market Size, Share Analysis by Region 2018-2027
Global Eye Tracking Market Study Objective
To forecast the market size of eye tracking market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
Market analysis and forecast of eye tracking market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
To analyze and elaborate significant factors that will have a major impact on the growth of eye tracking market, such as drivers, restraints, challenges, and opportunities.
The regional analysis of eye tracking market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
To provide detailed analysis of competitive and strategic developments in the eye tracking market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
Tobii AB, LC technologies, Eyetech Digital Systems , Ergoneers GmbH, Smart Eye AB., Mirametrix Inc., Pupil Labs GmbH, Seeing Machines, SR Research Ltd., and Gazepoint are some of the key players in the market of eye tracking. In order for companies to become marketplaces, they are undertaking strategic initiatives in both developed and developing countries, such as fusions and acquisitions, new product development and risk capital investments. Industries invest in technological solutions to improve distribution, front end sales and service to customers.
Global Eye Tracking Market Study Report Offer You!
The global eye tracking market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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