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Global Eye Tracking Market - Drivers and Forecast from TechnavioTechnavio analysts forecast the global eye tracking market size to grow to USD 1,160.74 million by 2021, at a CAGR of more than 30%, according to their latest market research report. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170310005353/en/ 
Technavio has published a new report on the global eye tracking (ET) market from 2017-2021. (Graphic: Business Wire) The research study by Technavio on the global eye tracking (ET) market for 2017-2021 provides detailed industry analysis based on end-user (consumer electronics, automotive and transportation, and healthcare) and geography (the Americas, EMEA, and APAC).
Request a sample report: http://www.technavio.com/request-a-sample?report=56609 Technavio's sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more. Technavio analysts highlight the following three factors that are contributing to the growth of the global eye tracking market:
Increased use of smart sensors The advances in IT solutions and M2M communication are supported by the development of smart sensor technologies. Smart motion sensors can capture information through eye tracking technology and temperature detection to relay a signal to intelligent systems. Also, the seamless integration of the Internet of Things with smart sensors is drawing increased attention to the market. "Smart sensors provide a certain extent of decision-making abilities to devices through the detection of gestures and motions in real time. These factors are driving the increasing adoption of smart sensors, which is resulting in a significant rise in demand for the eye tracking market," says Amit Sharma, a lead analyst in Technavio for enterprise application research. Rise of automated vehicles Automated vehicles such as driverless cars are being adopted widely, and their respective markets are witnessing exponential growths. To ensure safety in these vehicles, real-time tracking information is collected using eye tracking technology to estimate the driving conditions. For instance, General Motors (News - Alert) announced the implementation of eye tracking systems in Cadillac Super Cruise, to alert the driver in case he falls asleep while driving. The increasing adoption of driver monitoring systems in vehicles to enhance the safety features of the automobile is driving the growth of the eye tracking market. Increase in demand for contactless biometrics For many of the biometric systems to function effectively, physical contact is usually a key criterion. However, with rising concerns related to hygiene, there is an increasing demand for contactless biometrics such as iris cameras and scanners. "Biometrics technology manufacturers are currently focused on the development of contactless biometrics scanners. Advanced iris readers and scanners available in the market are integrated with the eye tracking technology and solve the issues of hygiene, thereby driving their increased adoption," says Amit. Browse Related Reports:
Become a Technavio Insights member and access all three of these reports for a fraction of their original cost. As a Technavio Insights member, you will have immediate access to new reports as they're published in addition to all 6,000+ existing reports covering segments like IT hardware, IT professional services, and IT security. This subscription nets you thousands in savings, while staying connected to Technavio's constant transforming research library, helping you make informed business decisions more efficiently. About Technavio Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies. Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users. If you are interested in more information, please contact our media team at [email protected]. View source version on businesswire.com: http://www.businesswire.com/news/home/20170310005353/en/ |
