Over 200 million people worldwide suffer from color vision deficiency (CVD), leading to a compromised perception of the color world. Despite the availability of various color enhancement technologies (CETs), assessing their actual performance has remained challenging due to the lack of a comprehensive evaluation method. In this paper, we propose a dual-parameter metric system that quantitatively evaluates CETs' capacity to improve CDOs' color discrimination ability and color fidelity relative to color-normal observers (CNOs). We validated this method by comparing its evaluation results with those of prior studies that relied on psychophysical experiments. Our proposed dual-parameter evaluation system can also be employed to optimize CET-based solutions. As a preliminary exploration, we optimized lighting spectra using LED color mixing for CVD-friendly illumination applications, which demonstrated a clear improvement in color vision for color-deficient observers while maintaining good color fidelity for CNOs’ color vision.