Eye Tracking Market Growing at 30.37% CAGR to 2017-2021

The eye tracking market report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

March 30, 2017 /MarketersMedia/ —

2017 eye tracking market driver is increased use of smart sensors. The use of smart sensor technologies is supporting advanced IT solutions such as M2M communication and analytics. Smart motion sensors capture information and relay a signal to intelligent systems in case any changes are detected in the activity of the people residing there.

Complete report on eye tracking market spread across 70 pages, analyzing 5 major companies and provides 26 data exhibits is now available at http://www.reportsnreports.com/reports/928991-global-eye-tracking-market-2017-2021.html .

The analysts forecast global eye tracking market to grow at a CAGR of 30.37% during the period 2017-2021. ET technology can be used in the form of a software application or as a hardware device to detect the gaze point of an eye movement. ET devices enable users for hands-free interaction in human-computer interaction processes. ET systems are also implemented to understand human behavior by real-time tracking of eye movements.

One trend in eye tracking market is rise of visual analytics. Analytics is one of the most significant trends in the IT industry. Firms are adopting analytics services to transform unstructured data gathered from various online channels into structured data to get meaningful insights. Data is analyzed using advanced analytical tools, such as predictive analytics, to understand the pattern related to business and consumer behavior.

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The following companies are the key players in the global eye tracking market: EyeTracking, Gazepoint, SensoMotoric Instruments, Smart Eye, and Tobii. Other Prominent Vendors in the market are: CoolTool, Ergoneers, EyeTech Digital Systems, iMotions, Interactive Minds, LC Technology International, Mangold International, and Mirametrix.

Further, the report states that one challenge in market is system integration and interoperability issues. The ET solution provider should provide unified IT solutions that can be seamlessly integrated with the IT infrastructure of the organizations. Technical glitches during operations can result in a heavy cost to the organization, and it reduces the operational efficiency. System integration and interoperability issues arise mostly when organizations update their IT systems or merge their IT infrastructure with those of the acquired companies.

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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Release ID: 181884