Persistence Market Research

Eye Tracking Systems Market Set to Grow Exponentially by 2026

Consumer preference and safety are the two pivotal pillars guiding the retail and automobile industry.

 

New York City, NY -- (SBWIRE) -- 02/06/2017 -- The eye tracking systems market sales are driven by increasing adoption system for social media and market research. These systems are enabling marketers, developer and website designer to pretest or psychoanalyze the behavior of the recipient or the customer. With multiplying owing to limited awareness of eye tracking system technology and high cost of application the sales of eye tracking system market are yet to reach their full potential. The major trends observed in the global eye tracking system market are the use of multi camera systems that provides 360 degree view and is more accurate. Developments for integrated system with heart rate monitoring, facial expression recognition is anticipated to be adopted in the anticipated future with the advent of fully autonomous vehicle. Likewise with growing predominance of virtual reality hardware and software in medical diagnostics and gaming is expected to create significant opportunities during the forecast period

Eye Tracking Systems Market:

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The eye tracking system market can be analyzed through segmentation of the market on the basis of tracker type and application

On the basis of Tracker type the eye tracking system market is segmented by:

- Remote Eye
- Mobile Eye

On the basis of application the eye tracking system market can be segmented as:

- Healthcare
- Automotive and Aviation
- Market Research

o Product development and packaging
o Social media
o Advertisement and marketing

- Entertainment

- Others

The market can also be segmented on the basis of region by North America, Latin America, Eastern Europe, Western Europe, and Asia-Pacific excluding Japan, Japan, Middle East and Africa. Key markets with maximum revenue contribution include in the North America and Western Europe with automotive and market research segments driving the sales of the eye tracking systems market. The emerging market for self-driving and hybrid automobiles in Japan, U.S. and Germany is expected to drive global sales of the eye tracking system market for the initial time period of the forecast period. Likewise, key economies of China, India and Korea are expected to create a sustainable demand for the eye tracking systems market with contribution from healthcare, Entertainment and Market research application. Middle East and Africa and Latin America eye tracking systems market are expected witness significant high value market growth post 2018 with increasing application for eye tracking systems in healthcare and automobile.

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Some of the key players participating in the evolving dynamics of the eye tracking systems market are Seeing Machines, Tobii AB, Sensomotoric Instruments GmbH, Smart Eye AB, LC Technologies, Inc., Smart Eye AB, iMotions, Inc., EyeTech Digital Systems, Inc., General Motors, Polhemus, Eye Tracking, Inc and The EyeTribe among many others.

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