openPR Logo
Press release

The Eye Tracking System Market is estimated to reach US$ 4.5 Bn by the end of 2028, expanding at a CAGR of 26.6%: Future Market Insights

12-23-2021 07:06 AM CET | Health & Medicine

Press release from: Future Market Insights

The US$ 472 million eye tracking system market is slated to take a whopping leap over the next decade, reaching the value equating US$ 5 Bn by the end of 2028. As depicted in a recently released intelligence outlook by Future Market Insights, the global market for Eye Tracking System will exhibit an exceptionally high growth rate - predominantly driven by brisk technological advances and an expanding application base of eye tracking system in assistive communication devices. However, the market for eye tracking system will continue to position itself in the high-growth low-volume quadrant throughout the projection period.

FMI anticipates the global eye tracking system market expansion at a massive CAGR of 26.6% between 2018 and 2028. While the capability of eye tracking system to offer unique insights to help comprehend human behaviour will remain the most prominent factor driving its demand worldwide, FMI also marks rapid technological advances in software solutions and hardware components to continue fuelling the growth of eye tracking system market through 2028. Although concerns regarding the safety, privacy, and security of eye tracking data continues to surround the methods used for data collection and use, strong efforts are being taken by some of the leading stakeholders in the eye tracking system market to assure data privacy and security.

To remain ‘ahead’ of your competitors, request for a sample- https://www.futuremarketinsights.com/reports/sample/rep-gb-2010

Key Research Findings
• Europe and North America, the current leaders in the global eye tracking system market, will continue to represent higher value shares in the total market value throughout 2018-2028.
• The demand for eye tracking system is most likely to gain a significant boost in Asia Pacific by descending price points and an extending application base – especially in the academic research realm and multiple commercial areas.
• Although remote eye tracking system currently dominates the global market, FMI expects the wearable eye tracking system to demonstrate relatively faster growth – accounting for a larger share of revenue in the eye tracking system market by 2028 end.
• Based on application areas, assistive communication has been spearheading in terms of revenue generation. Moreover, smartphones, gaming, and AR/VR have been identified to represent the next big things creating attractive opportunities in the eye tracking system market over the forecast period.
• The critical need for expert resources and services for appropriately using the volumes of relevant and actionable data cannot be overstated, especially in case of research in medical and academic areas, and consumer behavior.

Get Going with TOC Of Market Report- https://www.futuremarketinsights.com/reports/eye-tracking-systems-market/table-of-content

Combined Use of Eye Tracking System with Biometric Data Facilitating Understanding of Human Decision Making

Though conventionally provided data by eye tracking system involves the position of gaze, fixations, and the areas of interest of the subject that is being tracked vis-à-vis the visual stimuli, industry experts have been repeatedly highlighting the dearth of sufficient insights on the underlying emotions, perceptions, and experiences behind the tracked gaze patterns and fixations. To overcome this longstanding functional challenge, a large number of companies operating in the global eye tracking market are providing eye tracking data in integration with other biometric measures. According to FMI, electroencephalography (EEG), facial expression analysis, and electro-dermal activity analysis are some of the biometric measures that hold the potential to create relevant synergies with the existing eye tracking data.

Acquisitions and Strategic Partnerships Playing a Pivotal Role in Shaping Competitive Landscape of Eye Tracking System Market

Several competitors in the global market for eye tracking system are striving for product differentiation by focusing on optimum pricing and higher specification level. A majority of manufacturers are already enjoying high sales of eye tracking system with the USP of the easy-to-setup and easy-to-calibrate devices. A large number of eye tracking system providers are also keeping the introduction of application-specific product offerings at the center stage – with an objective to better address market requirements.

Larger firms dealing in eye tracking system are expected to respond to a several acquisition opportunities, in an effort to gain access to propriety eye tracking solutions and product offerings of small yet significant technology providers. This acquisition spree is presumed to be spearheaded by the players operating in smartphone and AR/VR space, eyeing the high potential of the eye tracking technology for integration in a wide range of consumer products.

Get a Customized Scope to Match Your Need Ask an Expert- https://www.futuremarketinsights.com/ask-question/rep-gb-2010

Partnerships with other device manufacturers are foreseen to be emerge as one of the top developmental strategies adopted by key players in the eye tracking system market. While partnerships primarily aim to facilitate the integration of eye tracking system in consumer products at the OEM level, FMI also identified these partnerships to help market players strengthen their distribution partners in those regions where they do not have a direct market presence.

Why Future Market Insights?
• Comprehensive analysis on evolving purchase pattern across different geographies
• Detailed insights of market segments and sub-segments for historical as well as forecast period
• A competitive analysis of prominent players and emerging players
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
• Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

For in-depth competitive analysis, Buy Now- https://www.futuremarketinsights.com/checkout/2010

Contact

Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,

Jumeirah Lakes Towers, Dubai,

United Arab Emirates

MARKET ACCESS DMCC Initiative

For Sales Enquiries: sales@futuremarketinsights.com

For Media Enquiries: press@futuremarketinsights.com

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The Eye Tracking System Market is estimated to reach US$ 4.5 Bn by the end of 2028, expanding at a CAGR of 26.6%: Future Market Insights here

News-ID: 2508687 • Views:

More Releases from Future Market Insights

Global Anesthesia Equipment Market to Reach USD 18.2 Billion by 2035
Global Anesthesia Equipment Market to Reach USD 18.2 Billion by 2035
The Anesthesia Equipment Market is witnessing robust growth, with its value estimated at USD 9.3 billion in 2025 and projected to nearly double to USD 18.2 billion by 2035. This growth trajectory represents a compound annual growth rate of 7.0%, driven by increasing surgical volumes, rising prevalence of chronic respiratory and cardiovascular disorders, and ongoing expansion of healthcare infrastructure. The market is undergoing transformative change, as both established manufacturers and
Intravascular Ultrasound Systems Market to Reach USD 1455.7 Million by 2035
Intravascular Ultrasound Systems Market to Reach USD 1455.7 Million by 2035
The intravascular ultrasound (IVUS) systems market is on track to record consistent growth over the next decade. Valued at USD 893.7 million in 2025, the market is expected to expand to USD 1455.7 million by 2035, reflecting a compound annual growth rate of 5.0%. With cardiovascular disease remaining one of the leading causes of mortality globally, the demand for advanced intravascular imaging technologies is escalating. IVUS systems, which provide real-time
Electric Power Sports Market to Reach USD 18.5 Billion by 2035
Electric Power Sports Market to Reach USD 18.5 Billion by 2035
The global Electric Power Sports Market is on a fast track to transformation, as consumers, manufacturers, and policymakers align on one powerful goal: sustainable, high-performance recreational experiences. Valued at USD 10.3 billion in 2025, the market is projected to expand to USD 18.5 billion by 2035, reflecting a steady compound annual growth rate (CAGR) of 6.0%. This momentum is set to generate an absolute dollar opportunity of USD 8.2 billion over
Hair Straightener Market Forecast to Reach USD 12.4 Billion by 2035 as Innovation and Consumer Demand Drive Growth
Hair Straightener Market Forecast to Reach USD 12.4 Billion by 2035 as Innovatio …
The global hair straightener market is entering a transformative growth phase, as industry leaders and emerging brands alike innovate to meet rising consumer demand for advanced hair styling solutions. Valued at USD 7.1 billion in 2025, the market is projected to reach USD 12.4 billion by 2035, registering a compound annual growth rate (CAGR) of 5.7% over the forecast period. Between 2025 and 2030, the market is set to rise steadily

All 5 Releases


More Releases for FMI

Guidewires Market's Journey Ahead: FMI Report Anticipates 6.1% CAGR, US$ 5.9 Bil …
From 2022 to 2030, the global Guidewires Market is projected to develop significantly at a compound annual growth rate of 6.1%, with a market size of over US$ 3.7 Bn in 2022. The market is expanding at a faster rate due to rising demand for straight-tip guidewires for minimally invasive spine and cervical surgeries. According to a new research study by Future Market Insights, -Straight tip guidewires, with a current share of
Ammonium Phosphate Market Share, Size, Trends - 2029 | FMI
The projected growth rate of ammonium phosphate market is approximately 3.3% over the course of forecast period (2019-2029). The demand from fertilizers segment remains steady and even surges in emerging economies. Other end-use industries such as electronics and optics are complementing the growth of ammonium phosphate market. Download Sample Copy of Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-1469 Key Takeaways of Ammonium Phosphate Market Study • Fertilizers industry accounts for substantial ammonium phosphate demand. • Rising uptake of ammonium phosphate in
Wearable Fitness Trackers Market Forecast & Share 2027 | FMI
The global wearable computing devices market is expected to be worth US$ 37,557 Mn in 2022, rising to US$ 217,237.2 Mn by 2032. The sales of wearable computing devices are expected to grow at a CAGR of 19.2% during 2022-2032. The wearable computing devices market size is expected to increase during the projected period as they assist clinicians in remotely monitoring patient health. Consumer interest in smart fitness gadgets is increasing
Edible Oil Packaging Market Size & Share - 2023 - 2031 | FMI
According to a recent report by Future Market Insight, sales of packaging solutions for edible oil would increase by 1.7 times to reach 3.7 billion units in 2031. In 2021, the market for packaging edible oil is anticipated to expand annually by 4.1%. By 2025, FMI projects that sales of drums will be close to $5 billion. The market for edible oil packaging in the United States is anticipated to
MOPP Packaging Films Market Size, Analysis & Opportunity | FMI
The MOPP packaging films market is projected to register high demand through 2021, with the overall valuation reaching US$ 221.7 Mn in 2021. FMI also forecasts MOPP packaging films demand to increase at a steady 5.2% CAGR between 2021 and 2031. Despite restrictions imposed amid COVID-19, MOPP packaging films demand will surge 2021 onwards, albeit gradually. Volume sold globally is expected to total 135.2 Th. tones by the end of
Labels Market Size, Industry Share, Sales & Trends - 2032 | FMI
The global labels market size is set to reach a valuation of US$ 39.8 Bn in 2022, and further accelerate at a CAGR of 4.8% from 2022-2032. The market is projected to reach US$ 63.7 Bn by the end of 2032. Sales of labels are anticipated to augment with the top 5 players holding 10-15% of the global labels market share in 2021. Based on product type, the pressure sensitive labels