Global eye-tracking technology Market Overview:
Eye-tracking technology is a sensor technology used to measure the activity of eyes and what they are looking at in real-time. The technology converts eye movements into a data stream that contains information gazing location of a person on a digital screen, blink frequency and the reaction of pupil to different stimulus. Essentially, the technology decodes eye movements and it helps in determining a person’s attention, drowsiness, focus, presence etc. Eye tracking technology is anticipated to have the potential to control computer systems with eyes, instead of the conventional mouse or keyboard.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Emerging trend of mobile eye tracking
Market Growth Drivers:
The adoption of eye-tracking technology in automotive sector for driver assistance
Challenges:
Impact of wider use of eye-tracking technology on personal visual
Restraints:
Expensive technology due to costly hardware requirements
Opportunities:
Increasing demand of augmented reality (AR) and virtual reality (VR) devices
Competitive Landscape:
The eye-tracking technology market is a competitive space with exciting developments emerging regularly. As technology advances and applications diversify, we can expect further innovation and consolidation, shaping the landscape for many years to come.
Some of the key players profiled in the report are EYETRACKING, INC. (United States), Tobii AB (Sweden), EyeTech Digital Systems, Inc. (United States), The EyeTribe (Denmark), SensoMotoric Instruments GmbH (Germany), Mirametrix Inc. (Canada) and Eyegaze Inc. (United States). Additionally, following companies can also be profiled that are part of our coverage like SR Research Ltd. (Canada), Smart Eye AB (Sweden) and iMotions, Inc. (Denmark). Analyst at AMA Research see United States Players to retain maximum share of Global eye-tracking technology market by 2030. Considering Market by Tracking type, the sub-segment i.e. Remote tracking will boost the eye-tracking technology market. Considering Market by End User, the sub-segment i.e. Automotive will boost the eye-tracking technology market.
Latest Market Insights:
In January 2022- Eyeware Tech SA, an emerging tech provider of head and eye tracking solutions for webcams and 3D cameras, have collaboration with AMD AI technology for its new AMD Privacy View application.
In November 2021- Entropik Tech, the company in Emotion AI, launch of the first multi-platform eye tracking technology that works on both web and mobile devices. By help of web and mobile cameras, tracking the innovative eye tracking technology is accurate, agile, and easy-to-use. Entropic Tech, Using AI and ML technologies solves the regular issues like lighting and camera quality.
What Can be Explored with the eye-tracking technology Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global eye-tracking technology Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in eye-tracking technology
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global eye-tracking technology market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in eye-tracking technology market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Eye-tracking technology manufacturers and providers, Research Professionals, Emerging Companies, Education & Research Institutes, Industry Investors and End user Industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.