Press release
Comprehensive Smart Indoor Gardening System Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
Smart Indoor Gardening System Market Size
The surge in gardening activities is projected to fuel the expansion of the smart indoor gardening system market. The term "gardening activities" encompasses the plethora of tasks associated with nurturing, growing, and taking care of plants, both outdoors and inside. Smart indoor gardening systems respond to the escalating popularity of indoor gardening by offering automated features and tailored environments conducive to effective plant growth. For example, in April 2023, the National Gardening Association, a nonprofit organisation based in the US, reported that the average household expenditure on lawn and gardening activities in 2022 was $616, up by $74 from the previous year. Furthermore, the level of involvement in lawn and gardening activities in 2022 surged to its peak in half a decade, with 80% of households participating in these tasks. Consequently, this escalation in gardening activities is propelling the smart indoor gardening system market's growth.
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How will the growth rate of the smart indoor gardening system market shape industry trends by 2034?
The market size for intelligent indoor gardening systems has significantly expanded in the past few years. Projected growth will see the market rise from a value of $2.19 billion in 2024 to an estimated $2.3 billion by 2025, achieving a compound annual growth rate (CAGR) of 5.0%. This past growth has been spurred by a surge in innovation in the intelligent indoor gardening system sector, the expansion of the global interior design industry, a heightened demand for superior crop yields, the progression and creation of more unique agricultural methods and merchandise, and an escalated uptake of cutting-edge technologies like IoT and AI.
The market size of intelligent indoor gardening systems is predicted to experience significant expansion in the forthcoming years, with the expectation of reaching a value of $2.92 billion in 2029, with a compound annual growth rate (CAGR) of 6.1%. The factors contributing to this growth in the project period include the emergence of AI and IoT-operated intelligent indoor gardening systems, accelerated urbanization and digitization in developing countries, improved consumer awareness and acceptance, growing trends in interior design, and increased disposable income. Smart soil and smart light technologies, technological progression, strategic alliances, innovative solutions, partnerships among key market players, and the incorporation of wireless connectivity and sensor-driven technologies are expected major trends during the forecast interval.
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What new trends are reshaping the smart indoor gardening system market and its opportunities?
Major players in the smart indoor gardening system market are making strategic moves by creating innovative products, such as tools that allow for real-time monitoring. This feature allows users to care for their plants efficiently, hydrating them when it's absolutely necessary. Real-time monitoring involves constant evaluation and analysis of data as it is produced, facilitating prompt feedback and actions. For example, in October 2024, Smart Soil Moisture Sensor was launched by Third Reality Inc., a Chinese firm specializing in smart home technology. This new sensor aims to improve water conservation and support efficient plant care by monitoring soil moisture levels intelligently. The sensor, with its robust and waterproof nature, is ideal for both indoor and outdoor gardening. It pairs flawlessly with smart home systems that are Zigbee-enabled for easy control via a smartphone application or voice assistants. Users are notified when the moisture levels are low, encouraging water preservation and meticulous plant care.
Which primary segments of the smart indoor gardening system market are driving growth and industry transformations?
The smart indoor gardening system market covered in this report is segmented -
1) By Type: Floor Garden, Wall Garden
2) By Technology: Self-Watering, Smart Sensing, Smart Pest Management, Other Technologies
3) By End-Use: Residential, Commercial
Subsegments:
1) By Floor Garden: Vertical Floor Garden, Container Floor Garden
2) By Wall Garden: Vertical Wall Garden, Pocket Wall Garden
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Which geographical regions are pioneering growth in the smart indoor gardening system market?
North America was the largest region in the smart indoor gardening system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart indoor gardening system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the influential players reshaping the smart indoor gardening system market landscape?
Major companies operating in the smart indoor gardening system market include Robert Bosch GmbH, Plenty Unlimited Inc., AeroFarms, Gardyn Inc., BSH Hausgerate GmbH, BrightFarms Inc., Click & Grow LLC, CityCrop Automated Indoor Farming Ltd, IGWorks Inc., Living Greens Farm Inc., Bowery Farming Inc., Agrilution Systems GmbH, AVA Technologies Inc., Plantui Smart Garden LLP, Gotham Greens LLC, Homecrop, EDN Inc., Grow Smart Greens, Rise Gardens Inc., Nutritower Inc., Urban Cultivator, Greenjoy Production Inc., Root Farm Ltd., VegeBox, Greenery Unlimited, AquaSprouts Inc., Ingarden Inc., Farmshelf Corporation, idoo, Lettuce Grow.
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What Is Covered In The Smart Indoor Gardening System Global Market Report?
• Market Size Forecast: Examine the smart indoor gardening system market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the smart indoor gardening system market for a structured understanding.
• Key Players Overview: Analyze major players in the smart indoor gardening system market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the smart indoor gardening system market.
• Segment Contributions: Evaluate how different segments drive overall growth in the smart indoor gardening system market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the smart indoor gardening system market.
• Industry Challenges: Identify potential risks and obstacles affecting the smart indoor gardening system market.
• Competitive Landscape: Review strategic developments in the smart indoor gardening system market, including expansions, agreements, and new product launches.
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