Global 3D Eye Tracking Software Market Size 2024, Forecast To 2033
28 Mar, 2024
The 3d eye tracking software market size has witnessed exponential growth in recent years, surging from $0.2 billion in 2023 to $0.25 billion in 2024 at a compound annual growth rate (CAGR) of 29.3%. This growth in the historic period can be attributed to the integration of virtual reality (VR) and augmented reality (AR), the adoption within the gaming and entertainment industry, escalated research and development endeavors, as well as the increasing demand for automotive cars and eye tracking technologies. Looking ahead, the market is anticipated to continue its upward trajectory, reaching $0.65 billion in 2028, with a CAGR of 26.3%. This expansion is expected to be driven by the escalating utilization of visual analytics and eye-tracking apps, the proliferation of electric vehicles, the widespread use of mobile phones, and the rising demand across sectors like retail, alongside broader economic growth. Anticipated trends include notable advancements in product offerings, the development of cutting-edge technologies, further progress in sensor technologies, and increased merger and acquisition activities.
Global 3D Eye Tracking Software Market Key Driver
Rising penetration of electric vehicles is poised to drive the growth of the 3D eye-tracking software market in the foreseeable future. Electric vehicles (EVs) utilize one or more electric motors for propulsion and draw power from batteries. 3D eye-tracking software plays a crucial role in enhancing safety features and driver assistance systems in electric vehicles by monitoring driver gaze and attention, thereby improving control. Notably, in March 2023, as reported by the International Energy Agency, the electric car market witnessed exponential growth with sales surpassing 10 million in 2022. Electric vehicles accounted for 14% of all new automobile sales in 2022, marking a significant increase from approximately 9% in 2021. Consequently, the escalating adoption of electric vehicles is a key driver propelling the 3D eye-tracking software market.
Get A Free Sample Of The Global 3D Eye Tracking Software Market ReportGlobal 3D Eye Tracking Software Market Segments
The 3d eye tracking software market covered in this report is segmented –
1) By Type: Mobile Systems, Remote Eye Tracking, Tower-Mounted Eye Tracking
2) By Industry: Retail, Robotics, Automotive, Consumer Devices, Assistive Technology Solutions, Behavioural Research, Other Industries
3) By Application: Scientific Research, Marketing And User Research, Industry And Human Performance
By Geography:The regions covered in the 3D eye tracking software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
North America was the largest region in the 3D eye tracking software market in 2023. The regions covered in the 3d eye tracking software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major 3D Eye Tracking Software Industry Players
Bosch Automotive Solutions, ZF Friedrichshafen AG, Schaeffler Group, BorgWarner Inc., JTEKT Corporation, Dana Incorporated, MinebeaMitsumi Inc., SKF Group, NSK Ltd., Federal-Mogul Corporation, American Axle & Manufacturing Inc., GKN Automotive Limited, NTN Corporation, Meritor Inc., THK Co. Ltd., MOOG Steering and Suspension, Nachi-Fujikoshi Corp., Accuride Wheel End Solutions, Timken Company, Hiwin Corporation, WJB Group, Baum Hydraulics Corporation, Progressive Gear Industries Private Limited, Harbin Bearing Group Co. Ltd., Koyo Machinery USA Inc.
Get The Full Global 3D Eye Tracking Software Market Report3D Eye Tracking Software Market Overview
3D eye tracking software is a type of technology that converts eye movements into a data stream containing information such as pupil position, the gaze vector for each eye, and gaze point. It draws essential details on human attention, measuring eye movements, positions, and gaze points. The 3D eye-tracking software works with any standard camera, even in challenging conditions, and can be integrated into various applications, from small mobile apps to large eye-tracking solutions.
3D Eye Tracking Software Global Market Report 2023 provides data on the global 3d eye tracking software market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The 3d eye tracking software market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.