Eye Tracking Market Expected to Reach $1,818.1 Million, Globally, by 2024 at 37.1% CAGR, Says Allied Market Research

According to the report, the eye tracking market accounted for $456.3 million in 2017 and is expected to reach $1,818.1 million by 2024, registering the CAGR of 37.1% during the forecast period.

Download Sample Report - https://www.alliedmarketresearch.com/request-sample/4615

Rise in the usage of eye-tracking technology in military and aerospace sectors and surge in demand for assistive communication devices have boosted the growth of the eye tracking market. However, the growth in adoption of automation across various industry verticals coupled rapid acceptance of robotics technology and high product cost hamper the market growth. On the contrary, a rapid growth of eye tracking in new applications including lie-detecting system, cognitive testing, video gaming industry, and aviation industries is expected to create lucrative opportunities for the market players in the near future.

Based on region, North America was the highest revenue contributor to the market in 2017, accounting for around 36.3% share, due to rise in the rapid growth of eye tracking in new applications such as lie-detecting systems and video gaming industry.

Get Discount UP To 25% * Offer Till 31st Dec 2018
https://www.alliedmarketresearch.com/checkout/595708

The report features a competitive scenario of the eye tracking market and provides a comprehensive analysis of the key growth strategies adopted by major players. The key players in the global market are Tobii AB, LC technologies, Eyetech Digital Systems, Ergoneers GmbH, Smart Eye AB., Mirametrix Inc., Pupil Labs GmbH, Seeing Machines, SR Research Ltd., and Gazepoint.

These players have adopted various competitive strategies such as innovation, new product development, and market expansion to boost the growth of the market.

Key Findings of the Eye Tracking Market:

•The head-mounted eye tracker segment accounted for the highest share in 2017, growing at a CAGR of 21.6% from 2018 to 2024.
•The consumer behavior research application segment generated the highest revenue, accounting for $192.8 million in 2017.
•Asia Pacific is expected to dominate the market, in terms of market share, during the forecast period.

Request for Customization - https://www.alliedmarketresearch.com/request-for-customization/4615

About Us:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.