Comprehensive Market Analysis on Eye Tracking Market projected to reach USD 6,992.8 Million by 2030, includes Partner and Customer Ecosystem | New Developments, Vendor & Technology Assessment

Eye Tracking Market Scope:
Market size value in 2023 - USD 1,087.2 Million
Market size value in 2030 - USD 6,992.8 Million
CAGR (2023-2030) - 30.5%
Forecast Period - 2023-2030
Segments Covered - Component, Type, Location, Application, End-use Industry and Region.
Geographies Covered - North America, Europe, Asia Pacific, and Row
Sample of Companies Covered - EyeTracking, Inc., FOVE, Inc., Gazepoint Research Inc., iMotions, ISCAN, Lumen Research, Mirametrix Inc., Pupil Labs GmbH.

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Browse in-depth TOC on "Eye Tracking Market"
178-Tables
95-Figures
332-Pages

North America dominates the market for Eye Tracking.
In 2022, the North American region emerged as the leader in the eye tracking market, capturing the largest share of revenue. This prominence is attributed to the presence of major market players like EyeTracking Inc, SR Research, and others, contributing significantly to increased innovations, research, and product development within the region. The widespread adoption of eye tracking technology across diverse sectors, including healthcare, automotive, law enforcement, and retail, is fostering a robust demand for eye tracking products in North America. The region's substantial investment in research and development, coupled with advanced infrastructure and technology availability, is a driving force behind the market's revenue growth, particularly in countries like the U.S. and Canada. The U.S. holds the largest revenue share in the regional market, driven by the widespread adoption of smart sensors and contactless biometric systems.
Notably, in November 2022, Apple integrated cutting-edge eye-tracking technology into its XR headset, enhancing the virtual reality experience. The XR headset features full-color pass-through technology, enabling users to overlay virtual elements onto their real-world surroundings. The introduction of 'Iris ID' technology further enhances security, allowing users to securely log into accounts and perform biometrically authenticated payments.
Furthermore, the Asia Pacific market secured a significant share of revenue and is anticipated to exhibit the highest revenue Compound Annual Growth Rate (CAGR) throughout the forecast period. The escalating utilization of eye tracking technology in research and academic institutions is fueling a growing demand for eye tracking devices across various industries in this region. Additionally, the expanding healthcare industry is a key contributor to the market's revenue growth, with an increasing number of research institutes and hospitals adopting eye tracking technologies. The presence of both emerging countries like India, China, and Indonesia, as well as developed nations such as South Korea, Japan, and Australia, is driving noteworthy advancements in product development within the market.

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Top Key Players Covered in the Report-
BIOPAC Systems Inc., Ergoneers, EyeTech Digital Systems, EyeTracking, Inc., FOVE, Inc., Gazepoint Research Inc., iMotions, ISCAN, Lumen Research, Mirametrix Inc., Pupil Labs GmbH, Seeing Machines, Smart Eye, SR Research, Tobii and Others.

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Recent Developments-
In October 2023, Tobii AB, a Swedish company, announced the launch of its new eye-tracking technology, Tobii Pro Fusion, in October 2023. Tobii Pro Fusion is a portable eye-tracking headset that can be used to track eye movements in a variety of settings, including research labs, clinical settings, and consumer electronics.

https://industrytoday.co.uk/market-research-industry-today/emerging-trends-and-innovations-for-the-eye-tracking-market-projected-to-reach-usd-69928-million-by-2030

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