The global eye tracking system market size surpassed USD 1,980 million in 2024 and is predicted to reach around USD 20,780 million by 2034, registering a CAGR of 26.4% from 2024 to 2034.
The eye tracking systems market is an integral branch of the IT and telecom industry. This industry deals in the manufacturing and distribution of eye tracking solutions for numerous uses. There are several types of eye tracking systems available in the market consisting of remote eye tracking systems and wearable eye tracking systems. These systems consist of several components such as hardware, software, re, and services. The rapid advancements in wearable technology have driven the market expansion. This market is expected to rise significantly with the growth of the semiconductors and electronics industry across the globe.
The growing demand for screen-based eye tracking systems along with developments in AR/VR technology has boosted the market growth. Also, the rising trend of neuromarketing coupled with increased demand for these tracking systems in the healthcare sector is crucial for industrial expansion. Moreover, the increasing application of these tracking systems in several industries such as education, consumer electronics, automotive and transportation, advertising and marketing, gaming and entertainment, and some others is anticipated to propel the growth of the eye-tracking systems market. The advancement in electrooculography (EOG) along with ongoing developments in wearable eye tracking devices is expected to create ample growth opportunities for the market players in the upcoming days.