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 personís 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.
- The adoption of eye-tracking technology in automotive sector for driver assistance
- Expensive technology due to costly hardware requirements
- Increasing demand of augmented reality (AR) and virtual reality (VR) devices
- Impact of wider use of eye-tracking technology on personal visual
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), Eyegaze Inc. (United States), 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 2027. 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
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.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global eye-tracking technology Market?
The eye-tracking technology market is expected to see a CAGR of % during projected year 2021 to 2027.
2. Who are the top performing companies in eye-tracking technology Market?
Top performing companies in the Global eye-tracking technology market are EYETRACKING, INC. (United States), Tobii AB (Sweden), EyeTech Digital Systems, Inc. (United States), The EyeTribe (Denmark), SensoMotoric Instruments GmbH (Germany), Mirametrix Inc. (Canada), Eyegaze Inc. (United States), SR Research Ltd. (Canada), Smart Eye AB (Sweden) and iMotions, Inc. (Denmark), to name a few.
3. What trending factors would impact eye-tracking technology Market growth most?
"Emerging trend of mobile eye tracking" is seen as one of major influencing trends for eye-tracking technology Market during projected period 2021-2027.