Stratview Research has published a new report titled “Eye Tracking Systems Market” which is segmented By Tracking Type (Remote, Mobile), By End Use (Healthcare, Retail, Research, Automotive, Consumer Electronics, Others), and Region.
As per the study, the Eye Tracking Systems Market is estimated to grow from USD 362.5 million in 2020 to USD 1,338.6 million by 2026 at a healthy CAGR of 24.9% during the forecast period.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
Based on tracking type, the eye-tracking systems market has been bifurcated into remote and mobile. The mobile segment accounted for the largest market share in 2020. Mobile eye-tracking offers a higher degree of freedom for the subject, which entails more eye movement & a natural head to be recorded. This approach is gaining popularity in market research applications, mainly in the retail and advertisement sectors, further boosting the segment growth.
By region, the North American Eye Tracking Systems market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. The eye-tracking systems market growth is mainly propelled by the high economic growth of the region. The growing usage of advanced technology in the healthcare sector as well as rising research activities to understand human behavior, further bolstering the regional market growth.
The Asia-Pacific Eye Tracking Systems market is expected to grow at the highest CAGR of more than 8% during the review period. This growth is mainly attributed to the emerging market for self-driving and hybrid automobiles in Japan and China. Countries of China, India, and South Korea are likely to create a sustainable demand for the eye-tracking systems from entertainment, healthcare, and market research, which further proliferate the regional market expansion.
Who are the Key Players in the Market?
This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Eye Tracking Systems Market:
Key questions answered by the report
- What is the projected CAGR for revenue from the Eye Tracking Systems Market during the forecast period?
- What would be the market be valued at by 2026?
- What is a major driving factor for growth of the market?
- Which region accounted for largest revenue share in the Eye Tracking Systems Market?
- Which are the major market players?
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