Eye Tracking Market Research Report by Forecast to 2023

Posted by Kiran on October 25th, 2019

Eye Tracking Market Highlights:

Eye tracking technology is at a nascent stage and is prognosticated to gain traction over the next couple of years. Increasing demand for contactless biometrics is one of the key drivers of the global eye tracking market. In the study presented by Market Research Future (MRFR), the global market is poised to witness a remarkable CAGR of 29% across the evaluation period 2017 to 2023.

The study further unravels that the valuation of the Eye TrackingMarketis expected to reach USD 1,432 Mn by 2023.

Increasing integration of the technology into smartphones is anticipated to revolutionize the growth pattern of the market. The rising demand for smartphones is prognosticated to boost the proliferation of the eye tracking market in the years to come. Also, the developments in VR mounted displays are projected to leverage the technology in the nearby future, thus, supporting market growth. The growth of the gaming industry is expected to catapult the market on growth trajectory in the forthcoming years.

Access Report Details @ https://www.marketresearchfuture.com/reports/eye-tracking-market-3958

Competitive Dashboard:

Facebook Inc. (US), Ergoneers GmbH (Germany), Seeing Machines Ltd. (Australia), Tobii AB (Sweden), PRS IN VIVO (US), SR Research Ltd. (Canada), Apple Inc. (U.S), EyeTech Digital Systems (U.S), Smart Eye AB (Sweden), and Lumen Research Ltd. (UK) are few of the eminent players of the global eye tracking market.

The technology being a relatively newer aone is expected to undergo tremendous developments in the years to come. This, in turn, is expected to motivate the players to invest massive amounts in research and development. It is expected to boost competition in the market place over the next couple of years. Apart from this, investments in the expansion of global footprint are also poised to intensify competitiveness in the upcoming years. The inorganic approaches for growth that are anticipated to be witnessed in the eye tracking market are acquisitions, mergers, collaborations, partnerships, agreements with end-users, etc. 

Market Segmentation:

•          Based on type, the global eye tracking market has been segmented into mobile, remote, and others.
•          On the basis of applications, the eye tracking market has been segmented into human-computer interaction, research, virtual reality, and others.
•          By vertical, the global eye tracking market has been segmented into aerospace, retail, government & defense, automotive, and others.