Press release
Global 3D Eye Tracking Software Market: Major Trends Reshaping the Future of the Industry
3D Eye Tracking Software
What Will the 3D Eye Tracking Software Industry Market Size Be by 2025?
The market size of 3D eye tracking software has seen significant expansion in the past few years. The sector, valued at $0.25 billion in 2024, is predicted to rise to $0.32 billion in 2025, indicating a compound annual growth rate (CAGR) of 28.3%. Growth historically has been driven by factors such as the incorporation of virtual reality (VR) and augmented reality (AR), adoption within the gaming and entertainment industry, a surge in research and development initiatives, demand for automotive cars, and an increased need for eye tracking.
What's the Long-Term Growth Forecast for the 3D Eye Tracking Software Market Size Through 2029?
The market for 3D eye tracking software is projected to experience tremendous growth in the upcoming years, boosting its value to $0.79 billion by 2029 with a compound annual growth rate (CAGR) of 24.9%. This prospective growth during the forecast period can be attributed to various factors such as the escalating use of visual analytics and eye-tracking applications, the growing infiltration of electric cars, the rising ubiquity of mobile phones, the increased demand in the retail sector, and overall economic growth. Major trends to watch for during this period include the advent of new products, the development of cutting-edge technology, technological progress, advancements in sensor technologies and a rise in mergers and acquisitions.
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What Are the Key Growth Drivers Fueling the 3D Eye Tracking Software Market Expansion?
The surge in the adoption of electric vehicles is predicted to further the expansion of the 3D eye-tracking software market. Electric vehicles (EVs) are those propelled by one or more electric motors, charged with electricity from a battery. The role of 3D eye-tracking software in increasing safety parameters and assistance systems for drivers in electric vehicles, by keeping an eye on the driver's gaze and attention, ensures finer control. For instance, as per the International Energy Agency, a France-based intergovernmental organization, in March 2023, the electric car market witnessed a significant increase with sales exceeding 10 million in 2022. Electric vehicles made up for 14% of all new car sales in 2022, a substantial increment from nearly 9% in 2021. Consequently, the growing adoption of electric vehicles is positively impacting the 3D eye-tracking software market.
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What Are the Key Trends Driving 3D Eye Tracking Software Market Growth?
Leading corporations in the 3D eye tracking software market are striving to engineer improved gaze measurement systems to boost the exactness and overall performance of eye tracking solutions. Such enhancements allow a more detailed view of eye behavior in three dimensions, resulting in a broader study of user action and attention patterns. For example, Smart Eye, an AI company based in Sweden, rolled out Smart Eye Pro 11, the most updated version of its innovative eye tracking system, in November 2023. Smart Eye Pro 11 features several notable upgrades specifically aimed at refining gaze measurement accuracy and growing data gathering flexibility. It particularly addresses precision and accuracy issues in environments with variable pupil sizes, like dark flight simulators and intense sunlight. A substantial feature of Smart Eye Pro 11 is the integration of calibration-free gazing (AI-based). This means the software can now autonomously establish the correct gaze value, negating the need for manual input by users.
How Is the 3D Eye Tracking Software Market Segmented?
The 3D eye tracking softwaremarket covered in this report is segmented -
1) By Type: Mobile Systems, Remote Eye Tracking, Tower-Mounted Eye Tracking
2) By Industry: Retail, Robotics, Automotive, Consumer Devices, Assistive Technology Solutions, Behavioral Research, Other Industries
3) By Application: Scientific Research, Marketing And User Research, Industry And Human Performance
Subsegments:
1) By Mobile Systems: Smartphone-Based Eye Tracking, Tablet-Based Eye Tracking
2) By Remote Eye Tracking: Desktop-Based Remote Eye Tracking, Web-Based Remote Eye Tracking
3) By Tower-Mounted Eye Tracking: Single-Camera Tower-Mounted Systems, Multi-Camera Tower-Mounted Systems
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Which Companies Are Leading the Charge in 3D Eye Tracking Software Market Innovation?
Major companies operating in the 3D eye tracking software market report are NIQ BASES, Melexis, Tobii AB, Seeing Machines, Smart Eye AB, Smart Eye A/S, Noldus Information Technology, EyeTech Digital Systems, Visage Technologies, ParallelDots, Inc., Eye Square Gmbh, iMotions, 4tiitoo, Blink Technologies, Converus, Eyeware Tech SA, Pupil Labs, Gazepoint, SR Research Ltd., Explorer Research, Mirametrix, Gaze Intelligence, BEQUIPE, Neuroset Italia srl, Eyegaze
Which Regions Are Leading the Global 3D Eye Tracking Software Market in Revenue?
North America was the largest region in the 3D eye tracking software market in 2024. The regions covered in the 3D eye tracking software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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