Home Web system Eye Tracking Systems Market To Tackle Strapping Demand By End 2028 | MFI

Eye Tracking Systems Market To Tackle Strapping Demand By End 2028 | MFI


Eye tracking systems market demand is expected to reach a value of US$1.2 billion in 2022 and $4.9 billion by 2028rapidly growing at a 26.6% CAGR between 2022 and 2028.

As shown by an intelligence outlook recently released by Future Market Insights, the global eye tracking system market will exhibit an exceptionally high growth rate, primarily driven by rapid technological advancements and a growing application base of eye tracking system in communication aids.

However, the eye tracking systems market will continue to position itself in the high-growth, low-volume quadrant throughout the projection period.

IMF forecasts the global eye tracking systems market to expand at a massive CAGR of 26.6% between 2018 and 2028. While the ability of eye tracking system to offer unique insights to help understand human behavior will remain the The most important factor driving its demand globally, FMI has also branded rapid technological advancements in software solutions and hardware components to continue fueling the growth of the eye tracking systems market to 2028.

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Although concerns about the safety, privacy and security of eye tracking data continue to surround the methods used to collect and use the data, considerable efforts are being made by some of the major players in the eye tracking systems market. eye tracking to ensure privacy and data security.

Main research results

  • Europe and North America, the current global eye tracking systems market leaders, will continue to account for higher value shares in total market value throughout 2018-2028.
  • The demand for eye tracking system is likely to increase significantly in Asia-Pacific due to lower prices and expanding application base, especially in academic research and multiple fields commercial.
  • Although the remote eye tracking system is currently dominating the global market, FMI expects the wearable eye tracking system to show relatively faster growth, accounting for a larger share of the eye tracking system market revenue. by the end of 2028.
  • Based on application domains, assisted communication has been the spearhead in terms of revenue generation. Additionally, smartphones, gaming, and AR/VR have been identified as the next big things creating attractive opportunities in the eye tracking systems market over the forecast period.
  • The critical need for resources and expert services to make appropriate use of the volumes of relevant and actionable data cannot be overemphasized, particularly in the case of medical and academic research and consumer behavior.

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Combined use of eye tracking system with biometric data facilitating understanding of human decision making

Although the data provided conventionally by the eye tracking system involves the gaze position, fixations and areas of interest of the subject being tracked in relation to visual stimuli, industry experts have repeatedly pointed out the lack of sufficient information about the underlying emotions, perceptions and experiences behind the gazing patterns followed and the fixations. To overcome this long-standing functional challenge, a large number of companies operating in the global eye tracking market provide eye tracking data in integration with other biometric measurements. According to the IMF, electroencephalography (EEG), analysis of facial expression and analysis of electrodermal activity are some of the biometric measures that have the potential to create relevant synergies with existing eye tracking data.

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About Future Market Insights (IMF)

Future Market Insights (ESOMAR certified market research organization and member of the Greater New York Chamber of Commerce) provides in-depth insights into the driving factors that increase demand in the market. It reveals opportunities that will drive market growth in various segments on the basis of source, application, sales channel, and end-use over the next 10 years.


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