Press release
Eye Tracking Technology Market Analysis: Global Report 2024
Eye Tracking Market Trends
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Report Coverage & Details:
• Forecast Period: 2024-2033
• Base Year: 2023
• Market Size In 2024: $2.22 billion
• Revenue Forecast In 2033: $5.82 billion
• CAGR: 27.3%
Global Eye Tracking Market: Segmentation
The eye tracking market covered in this report is segmented -
1) By Type: Eye Attached Tracking, Optical Tracking, Electrooculography
2) By Component: Hardware, Software
3) By Location: Remote, Mobile
4) By Application : Healthcare, Retail, Research, Automotive, Consumer Electronics, Other Application
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Eye Tracking Market Report: Growth Drivers
The growing demand for assistive communicators is expected to boost the eye-tracking market. Assistive communicators are devices that support individuals with communication challenges by helping them express thoughts, ideas, and needs. Eye-tracking technology enables users to control assistive communicators by monitoring their eye movements, promoting a more natural and effective communication method. For example, a report released in May 2022 by the World Health Organization (WHO) and the United Nations Children's Fund (UNICEF) revealed that over 2.5 billion people need one or more assistive products, such as wheelchairs, hearing aids, or communication-support applications. This number is projected to rise to 3.5 billion by 2050, largely due to global population aging and the increasing prevalence of non-communicable diseases. Consequently, the heightened demand for assistive communicators is expected to accelerate growth in the eye-tracking market.
Key Developments:
Smart Eye Expands Capabilities Acquisition Of iMotions
In December 2021, Smart Eye, a Swedish artificial intelligence company, acquired iMotions for USD 46.6 million. Through this acquisition, both the companies will work together to give a comprehensive, multi-modal approach to evaluating complicated human behaviors in real-world and demanding contexts, as well as giving holistic human insights. iMotions is a Denmark-based provider of human insights software, including eye tracking solutions.
Top Market Leader Included:
Tobii AB, Varjo, Smart Eye AB, RealEye, Xsens Technologies B.V., Noldus Information Technology, Seeing Machine, Sensomotoric Instruments (SMI), iMotions A/S, NovaSight, Eyegaze Inc., Clearview Eye Clinic, Element Human Ltd., Ergoneers GmbH, Eye Tracking Inc., Gazepoint Research Inc., LC Technologies Inc., 4tiitoo AG, The Eye Tribe, Emotiv Inc., Mirametrix Inc., EyeTech Digital Systems, Polhemus, SR Research, PRS IN VIVO, Phoenix Research Labs, GazeHawk, Pupil Labs
Eye Tracking Industry: Regional Landscape
North America was the largest region in the eye tracking market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the eye tracking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the eye-tracking market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
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What Does The Global Eye Tracking Market Report Include?
1.Introduction
• Overview of the Eye Tracking Market
• Comprehensive Analysis of Eye Tracking Market
2. Eye Tracking Market Drivers and Restraints
• Drivers and Restraints For Historic And Forecast Period
3. Eye Tracking Market Segmentation
• By Drug Class
• By Indication
• By Distribution Channel
4. Competitive Landscape And Company Profiles In The Eye Tracking Market
• Overview
• Products and Services
• Strategy
5. Eye Tracking Market Regional And Country Analysis
• By Region
• By Country
6. Market Trends And Opportunities In Eye Tracking Market
• Technological Advancements
• Emerging Trends
7. Eye Tracking Market Future Outlook and Potential Analysis
• Growth Strategies
• New Opportunities
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