50 likes | 68 Views
The global eye tracking market size is projected to touch USD 1.75 billion by 2025
E N D
Eye Tracking Market To Project Lucrative CAGR of 26.3% By 2025 “The global eye tracking market size is projected to touch USD 1.75 billion by 2025, as per the report released by Million Insights. It is estimated to grow with a CAGR of 26.3% from 2018 to 2025. Vision catching systems are widely used to decide the duration and correct location of a user’s attention.” The global eye tracking market size is projected to touch USD 1.75 billion by 2025, as per the report released by Million Insights. It is estimated to grow with a CAGR of 26.3% from 2018 to 2025. Vision catching systems are widely used to decide the duration and correct location of a user’s attention. These systems comprise of processing data, deciding fixation point, recording pupil movement, filtering useful data using the software. The clean data can be processed and used for several applications in retail, consumer electronics, automotive, research and healthcare industries. Eye movement recognition is a crucial aspect being deployed in VR headsets. Fove, Inc. in July 2016, introduced its eye- tracking VR headset that can directly fuse with eye-tracking sensors embedded in the headset to monitor, user’s attention. Vision tracing is projected to allow foveated rendering, a new technology that uses most of the computer graphics to monitor user’s surfing while keeping all other content in low quality. Vision tracking applications can be widely used in the biomedical and healthcare sectors. For example, vision tracing sensors assisting in finding head trauma. However, recently, sight tracing is extensively being preferred in consumer electronics and automotive applications. North America held a revenue share of more than 48.0% in 2017. The U.S. is the key revenue contributor due to the widespread adoption of contactless biometric and smart sensors. Most of the leading players in the eye tracking market are based in China, Germany, the U.S., and Japan. Asia Pacific is projected to exhibit a CAGR of over 30.0% from 2018 to 2025 owing to the growing preference for vision tracing especially in consumer electronics applications. Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/global-eye-tracking-market/request-sample
Further key findings from the report suggest: • The optical tracking division is anticipated to ascend with a CAGR of 24.0% from 2018 to 2025 and predicted to occupy the largest share of revenue by 2025. The eye attached tracking division occupied the second-largest share in 2017. • The healthcare division is expected to hold a 24% revenue share by 2025. • North America occupied the major share in revenue in 2017 and is expected to maintain its lead in the upcoming years. • The military & defense division is projected to lead from 2020 to 2025. Rising cross-border conflicts have increased the demand for barrier solutions in the defense industry. • The leading players of the market are Seeing Machines, SR Research Ltd., and Tobii AB. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-eye-tracking-market Million Insights has segmented the global eye tracking market on the basis of type, component, location, application, and region: Eye Tracking Type Outlook (Revenue, USD Million, 2014 - 2025) • Eye Attached Tracking • Optical Tracking • Electrooculography
Eye Tracking Component Outlook (Revenue, USD Million, 2014 - 2025) • Hardware • Software Eye Tracking Location Outlook (Revenue, USD Million, 2014 - 2025) • Remote • Mobile Eye Tracking Application Outlook (Revenue, USD Million, 2014 - 2025) • Healthcare • Retail • Research • Automotive • Consumer Electronics • Others Eye Tracking Regional Outlook (Revenue, USD Million, 2014 - 2025) • North America • U.S. • Canada • Europe • Germany • U.K. • Asia Pacific • China • India • Japan • Latin America • Brazil • Mexico • Middle East & Africa
See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/computing-and-technology
Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184