Global Eye Tracking System Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Eye Tracking System Market By Type, Application & Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the eye tracking system market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
Increasing applications of eye tracking systems in advertisement, social media and consumer sectors are expected to drive the eye tracking market across the globe. Further, growing adoption of eye tracking technology in defense and aerospace sectors are also the driving factors for this market. Moreover, rising heavy investments in smart & wearable technology and assistive communication devices are anticipated to boost the eye tracking market in upcoming years. Fast growth of AR/VR applications and use of eye tracking technology in consumer electronic devices could create greater opportunities for this market in upcoming years.
However, consistent growth of robotics technology in automotive industries could be the major reason of restraining the eye tracking market growth. Yet, development of less costly eye tracking system devices could be a major challenge for this market.
This report presents a detailed evaluation of eye tracking system, which incorporates current industry situations such as market size, growth and demands, market outlook, major players with their key strategies which include investment, mergers and acquisitions, value chain analysis and porter’s evaluation. It covers the marketplace canvas and the boom opportunities in the coming years. The report has been made with an in-depth analysis along with vital inputs from the various industry professionals. The research is accomplished with both extensive primary and secondary data resources supported with either bottom up or top down approach.
The major growth factors for eye tracking system market in North American region are increasing usage of eye tracking system in healthcare and retail sectors. Further, self-driving and hybrid automobiles market in economically developed countries such as, U.S., Japan, and Germany are expected to drive eye tracking system market in North American region followed by Europe and Asia-Pacific regions. Moreover, consistent growth in usage of eye tracking systems in retail and advertisement sectors drives the market demand in APAC and Middle East regional countries.
Key Question Answered: • What will be the market size in 2025 and at what rate it will grow? • What trends, barriers, challenges are influencing its growth? • Who are the major key players in global eye tracking system market and what are their strategies? • Which vertical industry is expected to show major growth? • What segment and region will lead the market and why?
The major companies profiled in the report include: Tobii AB, LC technologies, Eyetech Digital Systems, Ergoneers GmbH, Smart Eye AB., Mirametrix Inc., Pupil Labs GmbH, Seeing Machines, SR Research Ltd., and Gazepoint.
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