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Eye Tracking Industry By Application(AR and VR, Human Behavior and Industry Research, Assistive Communication), and By Offering (Software ,Hardware) - Global Market Size Analysis and Forecast 2019-2025

Description

Global Eye Tracking Industry was valued at USD 310 Million for the year 2017. Eye Tracking Industry is further expected to grow at a CAGR of 27.16% from 2019 to reach USD 1.88 Billion by the year 2025. North America region holds the highest Industry share in 2017. The Asia-Pacific region is also considered as the fastest growing Industry in the forecast period. The US is the major Industry in 2017 at country level and it is also further anticipated to grow at a steady pace in the next 5 years.

Major market players in eye tracking industry Eyetracking Inc., Seeing Machines Ltd., Tobii AB, Smart Eye AB, Sensomotoric Instruments GmbH (Apple Inc.), Eyetech Digital Systems Inc., PRS in Vivo, Ergoneers GmbH, Sr Research Ltd., Lc Technologies Inc., and other 11 more companies detailed information is provided in research report. Rising research and development expenses to satisfy the changing demands of end users, new product launches and organic growth strategies like collaboration & acquisition were a few techniques adopted by various manufacturers in last 5 years.

SWOT Analysis of Eye Tracking Industry:
Strength:
Increasing demand for live & authentic data from different industry sectors
Weakness:
Automation adopted by most industry sectors would reduce human involvement
Opportunities:
Increasing use of applications in the AR/VR Industry
Threats:
Estimating the economies of scale

The segmentation done on the basis of Offering include Software, Hardware of which the Hardware segment is expected to hold the highest Industry share during the forecast period. The Industry share is due to the increasing demand for products headgears, head-mounted displays, and glasses.

Eye Tracking Industry Segmentation:
By Application
• AR and VR
• Human Behavior and Industry Research
• Assistive Communication

By Industry
• Automotive and Transportation
• Healthcare and Research Labs
• Consumer Electronics
• Retail and Advertisement
• Defense, and Aerospace
• Others

By Offering
• Software
• Hardware
• Others

By Region:
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa

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