Eye Tracking  Market Analysis 2022 and Precise Outlook : Tobii AB, SensoMotoric Instruments, SR Research, Seeing Machines

The global Eye Tracking Market is comprehensively and in-depth examined in the report, thorough analysis of statistics about the current as well as emerging trends in Eye Tracking Market. The report includes porter's Five Forces to analyse the prominence of various features such as tappet analysis, competitive analysis, tables, charts, and infographics and strategic decisions of the worldwide market, and various other types of analysis to provide a complete overview of the global Eye Tracking Market. The global Eye Tracking Market is also presented methodically with the help of annual growth, CAGR and other important market dynamics.

The Global Eye Tracking Market was valued at USD 816.2 million in 2021 and is predicted to reach USD 4.86 billion by 2028 with a CAGR of 21.8% from 2022-2028

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The study includes market share analysis and profiles of top players such as- Tobii AB, SensoMotoric Instruments, SR Research, Seeing Machines, EyeTracking, PRS IN VIVO, Smart Eye AB, LC Technologies, Ergoneers GmbH, EyeTech Digital Systems

Regional Assessment:

Geographically, the global Eye Tracking Market is analysed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Russia, and others), Asia-Pacific (China, India, Japan, and others), and LAMEA (Latin America, Middle East, and Africa).

The Type Segment includes:

Hardware

Software

The Application Segment includes:

Assistive Communication

Human Behavior & Market Research

AR/VR

Vehicles

Market Trend:

Growing demand of eye tracking technology in consumer research and advertisement purposes along with the increasing investment in smart wearable technologies are the factors driving the growth of eye tracking market. Also, factors such as growing adoption of assistive communication devices and rising development in the field of contactless biometrics are expected to propel the growth of the market during the forecast period. However, rising adoption of robotics technology among several industries, increasing use of contact lenses and high price of eye tracking devices are the factors restraining the market growth. On the contrary, increase in R&D activities coupled with rapid adoption of eye tracking technology in various new industries such as gaming, virtual reality, aviation, and lie-detection systems among others are expected to create significant growth opportunities for the market players in the coming years.

Geographical Analysis

The North America region is anticipated to hold the lion share of the market owing to the advancement in technologies, improved infrastructure coupled with increasing use of automation and sensors in this region.

However, the Asia Pacific region is predicted to show rapid and consistent growth in terms of market share within the forecast period. This is attributed to the surge in adoption of eye tracking technology in numerous industries along with constant introduction of new technologies to make eye tracking more efficient in this region.

Competitive Landscape

Lucrative growth opportunities make the eye tracking market extremely competitive. Some of the major players in the 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. The market players are launching various new products to strengthen their foothold in the market. For instance, In January 03, 2020, Smart Eye AB integrated artificial intelligence (AI) technology launched the next level eye tracking system in cars at CES 2020 in Las Vegas, Nevada. The technology not only features detection of distracted driver but also examines ID and face expression for emotional detection and thereby ensures safer journey.

Also, In January 30, 2020, Eyetech Digital Systems launched EyeOn, an ultra-compact eye tracking tablet that enables consumers to type, communicate and select using eye movement.

Browse the report description and TOC:

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The study objectives of this report are:

To study and analyse the global Eye Tracking Market size (value and volume) by the company, key regions/countries, products and application, history data from 2021 to 2027, and forecast to 2028.
To understand the structure of Eye Tracking Market by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Eye Tracking Market manufacturers, to define, describe and analyse the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To analyse the Eye Tracking Market with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Eye Tracking Market submarkets, with respect to key regions (along with their respective key countries).
To analyse competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyse their growth strategies.

Finally, the researchers shed information on global Eye Tracking Market  precise analysis. It also assesses the long-term patterns and platforms that support market expansion. The research report also assesses the level of competitiveness. The market has been thoroughly examined using SWOT analysis and porter's five scanning. It also aids in the management of company risks and obstacles. It also includes considerable research on sales techniques

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