Eye-tracking technology has been around for years in medicine and aerospace but is quickly gaining a new lease of life thanks to VR. The heavy-hitters of the VR world are incorporating eye-tracking capabilities into their future headsets and are projected to grow the eye-tracking market.
Market analysts forecast the global eye-tracking devices market to grow at a CAGR of 37.1 percent during the period 2018-2024. The market is expected to reach $1.75 billion by 2025.
So what is eye-tracking, why is it important for VR, and who are the major players?
Eye-tracking In A Nutshell
Eye tracking is a sensor technology that enables a device to measure eye position and eye movement. It can determine your level of presence, where your attention is and what you are focusing on, as well as some biometrics (depending on the implementation).