According to the report, the global eye tracking market was pegged at $552.9 million in 2018 and is expected to reach $1.82 billion by 2024, registering a CAGR of 37.1% from 2018 to 2024.
Rise in use of eye tracking technology in military and aerospace sectors and increasing demand for assistive communication devices are the major factors of the global eye tracking market. However, growth in automation across various industry verticals, rapid acceptance of robotics technology, and high product cost hamper the market growth. On the contrary, rapid growth of eye tracking in new applications such as lie-detecting system, video gaming industry, cognitive testing, and aviation industries is expected to create lucrative opportunities in the near future.
Get Advanced Statistical Data – Download Free Samples: https://www.alliedmarketresearch.com/request-sample/4615
The global eye tracking market is divided on the basis of type, application, industry vertical, and geography. Based on type, the market is segmented into head-mounted eye tracker and remote eye tracker. The head mounted eye tracker segment held the largest share in 2018, contributing nearly two-thirds of the market. However, the remote eye tracker segment is estimated to register the fastest CAGR of 22.5% during the forecast period.
On the basis of application, the market is divided into assistive communication, academic research, consumer behavior research, and usability testing. The consumer behavior research segment dominated the market, accounting for more than two-fifths of the market. However, the usability testing segment is projected to portray the fastest CAGR of 23.4% during the forecast period.
Based on industry vertical, the market is bifurcated into retail, automotive, healthcare, military & aerospace, and others. The automobile segment held the largest share in 2018, contributing nearly one-fourth of the market. However, the retail segment is expected to manifest the fastest CAGR of 24.2% through 2024.
Want to Purchase Report – Get Additional Discount: https://www.alliedmarketresearch.com/purchase-enquiry/4615
The global eye tracking market is analyzed across various regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the lion’s share in 2018, accounting for more than one-third of the market. However, the market across Asia-Pacific region is expected to register the fastest CAGR of 24.3% during the study period.
The global eye tracking market report provides an in-depth analysis of the major market players such as LC technologies, Tobii AB, Ergoneers GmbH, Eyetech Digital Systems, Mirametrix Inc., Smart Eye AB., Seeing Machines, Pupil Labs GmbH, SR Research Ltd., and Gazepoint.
Access Avenue (Premium on-demand, subscription-based pricing model) @ https://www.alliedmarketresearch.com/Avenue-Membership-details
Avenue, a user-based library of global market report database, provides comprehensive reports pertaining to the world’s largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact Us
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research