According to a new market research report published by Credence Research “Eye Tracking Market (By Component – Hardware, Software and Services; By Application: Retail, Healthcare, Automotive, Consumer Electronics, Defense and Aerospace and Others) – Growth, Future Prospects, Competitive Analysis and Forecast 2017 – 2025”, the global eye tracking market was valued at US$ 268.7 Mn in 2016 and is expected to grow at a CAGR of 27.5% during the forecast period from 2017 to 2025.
The Eye Tracking Market Research Report Forecast 2017-2025 is an important source of insightful data for market strategists. It presents the Eye Tracking industry overview with growth analysis and past & futuristic cost, income, demand and supply data (as relevant). The research analysts present a detailed representation of the value chain and its distributor analysis. This Eye Tracking Market study gives complete data which improves the understanding. [Continue reading…]
Increasing demand for processing valuable data in applications such as healthcare, retail and automotive to analyze customer behavior is one of the key driver in this market. Additionally, incorporation of eye tracking technology into latest devices like virtual reality (VR)/augmented reality (AR) headsets and head mount devices is anticipated to fuel the growth of global eye tracking technology market. However, factors such as rising adoption of automation in vehicles and increasing usage of advanced robotics and smart factories have been working towards reducing human intervention in various operations. Thereby, technological advancements in other parallel technologies pose as a major challenge in the adoption of eye tracking technology. Nevertheless, investments towards innovative applications such as research and consumer behavior analysis offer immense growth opportunities for the overall eye tracing market in the following years.
Browse the full report at https://www.credenceresearch.com/report/eye-tracking-market
The qualitative study of drivers and limitations of Eye Tracking Market
Key players in the global Eye Tracking Market Include Tobii AB, SensoMotoric Instruments GmbH, SR Research Ltd., Seeing Machines Ltd., EyeTracking, Inc., PRS IN VIVO, Smart Eye AB, LC Technologies, Inc., Ergoneers GmbH and EyeTech Digital Systems, Inc.
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Research methodology and delivery time
Credence Research has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications have been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.
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