Eye Tracking System Market valuation of US$ 4.9 Billion by 2028, rapidly expanding at a CAGR of 26.6% from 2022 to 2028. Eye-tracking systems are therefore a key amalgamation of software and hardware which allows allowing retailers, automotive OEMs and researchers to assess and track the eye movements of the person to assess behaviour and movements.
Consumer preference and safety are the two pivotal pillars guiding the retail and automobile industry. Critical information on the preference of consumer can be gathered through the way a viewer look at any website or a product and the duration of viewing a particular thing. Also with numerous fatalities associated with driver fatigue and drowsiness behind the wheel, it is important to adopt the precautionary measure.
The Eye-tracking system allows for the measurement of the relative motion of the eye and most importantly the point of gaze of the person. Not limited to only retail and automotive applications, eye-tracking systems are also used for human-computer interaction, psycholinguistics, visual system, product design, marketing and psychology.
The advance tracking system technology, leading car manufacturers are collaborating with eye-tracking system provider to incorporate safety measures and improve drivability. With opportunities, not only limited automobiles but the eye-tracking system technology is also being tested for aviation applications.
Leading Companies Profiled in Eye Tracking System Market are:
- Tobii AB,
- SR Research Ltd,
- EyeTech Digital Systems,
- Seeing Machines Ltd.,
- Smart Eye,
- Eyegaze,
- PRS IN VIVO,
- Ergoneers,
- iMotions,
- EyeSee,
- Mirametrix, Inc.
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Key Segments Covered in Eye Tracking System Industry Research
Eye Tracking System Market by System Orientation;
- Remote Eye Tracking Systems
- Wearable Eye Tracking Systems
- Mobile Eye Tracking Systems
Eye Tracking System Market by Component:
- Eye Tracking System Hardware
- Eye Tracking System Software
- Eye Tracking System Services
Eye Tracking System Market by Sampling Rate:
- 25-60 Hz
- 61-120 Hz
- 121-250 Hz
- 251-500 Hz
- Above 500 Hz
Eye Tracking System Market by Application:
- Eye Tracking Systems for Assistive Communication
- Eye Tracking Systems for Marketing & Consumer Behavior Research
- Eye Tracking Systems for Medical Research & Healthcare
- Eye Tracking Systems for Smartphones, Gaming and VR/AR
- Eye Tracking Systems for Automotive & Aviation
- Other
Global Eye Tracking System Market was value US$ 270.0Mn in 2017 and is expected to reach US$ 1,990.0Mn by 2026 at a CAGR of 28.36%.
So, it helps in determining a person’s attention, drowsiness, focus, and presence.
With multiplying due to limited awareness of eye-tracking technology and a high cost of application the sales of eye tracking system are yet to reach their full potential.
The major trend observed in the eye tracking system market is the use of multi-camera systems that provides a 360-degree view and is more accurate.
Remote eye trackers segment held the largest market share in 2017 and is estimated to dominate the market during the forecast period.
Eye trackers are actively used in the healthcare sector to create a system of communication with patients who have partially or totally lost their motor function, those suffering from serious lesions of the musculoskeletal system, and speech disorders.
