Eye Tracking Market Size, Share, and Analysis, By Type (Remote Eye Tracking, Wearable Eye Tracking, and Mobile Eye Tracking), By Component (Hardware and Software), By Application (Healthcare, Retail, Research, Automotive, Military & Aerospace, and Others)

Eye Tracking Market Size, Share, and Analysis, By Type (Remote Eye Tracking, Wearable Eye Tracking, and Mobile Eye Tracking), By Component (Hardware and Software), By Application (Healthcare, Retail, Research, Automotive, Military & Aerospace, and Others) and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034

Eye Tracking Market Size, Share, and Analysis, By Type (Remote Eye Tracking, Wearable Eye Tracking, and Mobile Eye Tracking), By Component (Hardware and Software), By Application (Healthcare, Retail, Research, Automotive, Military & Aerospace, and Others) and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034

PRODUCT OVERVIEW

Eye Tracking Market is set to grow at a CAGR of 30.7% in the forecast period (2024-2034), with the market size valued at USD 1.21 billion in 2023 and projected to reach USD 23.3 billion by 2034.

Eye tracking technology refers to the set of solutions that help in monitoring and analysing the movements of a person’s eyes, such as where they focus and how long they look at certain areas. These trackers capture and understand the movement of eyes by using special hardware, including eye trackers and software algorithms. Eye tracking finds applications in several industries, such as healthcare, marketing, human-computer interface, and psychology. In healthcare, it helps in discovering neurological disorders and assessing cognitive skills, while in marketing, it provides information about consumer behaviour and attention that can be used to improve advertising and product designs. Consequently, eye tracking is a non-invasive and objective way of understanding human attention and behaviour, which makes it useful in real-world applications.

MARKET HIGHLIGHTS

Eye Tracking Market is anticipated to reach USD 23.3 billion, growing at a CAGR of 30.7% during the forecast period, due to improvements in technology which have resulted in the development of more accurate and affordable eye tracking systems. The growing awareness of the benefits of eye-tracking, such as monitoring customer behaviour, improving user experience, and assisting in medical diagnostics, is driving market demand. Additionally, integrating eye-tracking technology into emerging industries like virtual reality, augmented reality, and artificial intelligence boosts the adoption of eye-tracking solutions. Besides, developments in eye-tracking applications, along with rising demand for data-driven insights are expected to sustain the growth of the tracking market during the forecasted period.

Eye Tracking Market Segments:

• By Type
• Remote Eye Tracking
• Wearable Eye Tracking
• Mobile Eye Tracking
• By Component
• Hardware
• Software
• By Application
• Healthcare
• Retail
• Research
• Automotive
• Military & Aerospace
• Others

MARKET DYNAMICS

Growth Drivers

Increasing Demand for Eye-Tracking Technology Across a Range of Industries to Promote Growth

Growing Adoption of VR, AR, and AI has been Beneficial for the Integration of Eye Tracking Technologies

Restraint

High Costs of Eye Tracking Systems Has Hindered Market Growth

Key Players

• Tobii AB
• EyeTracking Inc.
• EyeTech Digital Systems, Inc.
• SR Research Ltd.
• Seeing Machines
• SensoMotoric Instruments GmbH (SMI)
• LC Technologies, Inc.
• Ergoneers GmbH
• PRS IN VIVO
• Smart Eye AB
• Mirametrix Inc.
• EyeTribe
• iMotions
• Eyeware Tech SA
• Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 3-month post-sales analyst support.

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