Global Eye Tracking Market 2017 Growth: Driven by Rise of Visual Analytics Efficiency
Orbis Research Present’s The Global Eye Tracking Market to grow at a CAGR of 30.37% during the period 2017-2021.
Suite 600, Dallas, United States – April 21, 2017 /MarketersMedia/ —
Recent Research Report – Global Eye Tracking Market 2017-2021
The Following Companies as 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.
Commenting on the report, an analyst from Technavio’s team said: “One trend in 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. Analytical tools have been helping numerous industries, such as banking, financial services, and insurance, telecommunications, and healthcare, to take key decisions at organizational levels to improve customer service.”
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According to the report, one driver in market 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. The use of sensor technology in IT solutions, such as IoT for infrastructure development, is also gaining traction. Sensors are embedded in IoT to provide seamless connectivity. Smart sensors make the devices intelligent to detect gestures and motions to make decisions in real time. Smart sensors are different from sensors based on traditional sensor technologies as they are equipped with additional features for smart home automation solutions.
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.
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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Source: MarketersMedia
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