Kenneth Research, in its repository of market research reports, has recently added a report on Eye Tracking Market that emphasizes the latest trends, key opportunities, drivers, and challenges associated with the growth of the market during the forecast period, i.e., 2022 – 2031. The Eye Tracking Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Eye Tracking Market products.
Kenneth Research, in its repository of market research reports, have recently added a report on Eye Tracking Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2021 2030. The Eye Tracking Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.
Additionally, exports of ICT services increased from 5.61% of service exports (BoP) in 2001 to 10.37% of service exports (BoP) in 2017. On the other hand, growing awareness amongst individuals for using the internet is also anticipated to contribute to the market growth. For instance, the total number of individuals using the internet grew from 8% of total population in 2001 to 49% of total population in 2017. Moreover, backed by the increasing demand for high-speed internet amongst the individuals, organizations operating in the field of telecom are increasingly working on deploying 5G network technology, as this technology provides internet access at very high speeds. By 2025, it is estimated that as many as 1.2 billion of total internet connections will account to 5G. Further, one-third of the world is projected to be covered with 5G connectivity by the end of 2030.
Eye tracking can be defined as the process of measuring either the point of gaze or the motion of an eye with respect to the head. An eye tracker essentially is a device that is used for the measuring of an eye’s position or its movement. It is the measurement of the eye’s overall activity. Eye tracking data can be collected using either a remote or an eye tracker that is mounted to the head and connected to the computer.
Global Eye Tracking Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
There are several factors that are advantageous to the Eye Tracking market such as the increasing demand for personalized advertisement and consumer research as well as the high adoption of eye trackers in various industries such as automotive and aviation. Factors such as growth in gesture recognition are restraining the overall Eye Tracking market growth.
The Final Report will cover the impact analysis of COVID-19 on this industry:
Global Eye Tracking Market Competitive Landscape
The “Global Eye Tracking Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Tobii AB, Eyetracking, Inc., Seeing Machines Ltd., Smart Eye AB, Prs in Vivo, Sensomotoric Instruments GmbH (Apple Inc.), Lc Technologies, Inc., Eyetech Digital Systems, Inc., Ergoneers GmbH, Sr Research Ltd. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.
Global Eye Tracking Market , By Offering
*Research and Consulting Services
Global Eye Tracking Market , By Application
*Human Behavior and Market Research
Global Eye Tracking Market , By Tracking Type
*Remote Eye Tracking
*Mobile Eye Tracking
Global Eye Tracking Market , By Vertical
*Retail and Advertisement
*Healthcare and Research Labs
*Government, Defense, and Aerospace
*Automotive and Transportation
Global Eye Tracking Market Geographic Scope
o Rest of Europe
o Rest of Asia Pacific
*Rest of the World
Reasons to Purchase this Report
*Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
*Provision of market value (USD Billion) data for each segment and sub-segment
*Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
*Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
*Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
*Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
*The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
*Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
*Provides insight into the market through Value Chain
*Market dynamics scenario, along with growth opportunities of the market in the years to come
*6-month post sales analyst support
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