Eye Tracking Market is expected to surpass revenues worth US$ 1.41 Bn by 2031|Key Players- Seeing Machines, Tobii AB and more

Eye Tracking Market 2022 to 2032

The market for global eye tracking is estimated to be worth US$ 721.2 million in 2022 and is anticipated to develop at a CAGR of 30.2% between 2022 and 2031. Eye Tracking Market is estimated to reach a revenue of US$ 1.41 Billion by the end of 2031. 

Eye Tracking Systems Market Segmented By Tracker type such as Remote Eye, Mobile Eye with application such as Healthcare, Automotive and Aviation, Market Research, Entertainment

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Consumer preference and safety are the two pivotal pillars guiding the retail and automobile industry. Critical information of the preference of consumer can be gathered through the way a viewer look at any website or at product and the duration of viewing particular thing. Also with numerous fatalities associate with driver fatigue and drowsiness behind the wheel it's important to adopt precautionary measure.

Eye tracking system are therefore key amalgamation of software and hardware which allows allowing retailer, automotive OEM's and researchers to assess and track the eye movements of the person to assess behavior and movements.

Key Players- 

Some of the key players participating in the evolving dynamics of the eye tracking systems market -

• Seeing Machines
• Tobii AB
• Sensomotoric Instruments GmbH
• Smart Eye AB
• LC Technologies, Inc.
• Smart Eye AB
• iMotions, Inc.
• EyeTech Digital Systems, Inc.
• General Motors
• Polhemus
• Eye Tracking, Inc a
• The EyeTribe among many others.

The Eye Tracking Market is expected to grow significantly over the next couple of years due to increasing demand in healthcare and research-focused activities. Eye tracking technology, which monitors eye movements and records visual attention, has been used for a variety of applications in medical diagnostics, market research, usability testing, virtual reality, automotive industries, and more.

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Eye Tracking Market Segmentation

On the basis of Tracker type

• Remote Eye
• Mobile Eye

On the basis of application

• Healthcare
• Automotive and Aviation
• Market Research ( Product development and packaging, Social media, Advertisement and marketing)
• Entertainment
• Others

Regional outlook

North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific except Japan, Japan, the Middle East, and Africa are further regions into which the market might be divided. The automotive and market research sectors are what drive the sales of eye tracking systems in the major revenue-contributing regions of North America and Western Europe.

For the first part of the forecast period, the global sales of the eye tracking system market are anticipated to be driven by the developing markets for self-driving and hybrid cars in Japan, the United States, and Germany.

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Key Questions Answered in This Report -

• What is the Current Valuation of the Eye Tracking Market?
• What is the CAGR of the Eye Tracking Market during the Forecast Period?
• What is the Anticipated Size of the Eye Tracking Market in 2032?
• What Region is Most Lucrative for Eye Tracking market?
• Which Segment is the Highest Contributor in the Eye Tracking market?

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This release was published on openPR.