Press release
2025-2034 Smart Indoor Gardening System Market Evolution: Disruptions, Innovations, and Untapped Opportunities
Smart Indoor Gardening System Market
What Is the Expected CAGR for the Smart Indoor Gardening System Market Through 2025?
In recent times, the smart indoor gardening system market has seen robust growth. Its size is set to expand from $2.19 billion in 2024 to $2.3 billion in 2025 at a Compound Annual Growth Rate (CAGR) of 5.0%. This growth in the historic period can be credited to the increasing innovation in the smart indoor gardening system, the worldwide expansion of the interior designing industry, a higher demand for better yields, progress and development of more cutting-edge farming techniques and products, as well as the rising adoption of innovative technologies such as IoT and AI.
What's the Projected Size of the Global Smart Indoor Gardening System Market by 2029?
Over the next few years, the market size for the smart indoor gardening system is expected to experience robust growth. The market is projected to reach $2.92 billion by 2029, with a compound annual growth rate (CAGR) of 6.1%. The projected growth during the forecast period is due to the development of ai and iot-based smart indoor gardening systems, rapid digitization and urbanization in developing countries, increased consumer awareness and acceptance, growth in interior design trends, and rising disposable income. The forecast period is also likely to see major trends like smart soil and smart light technologies, technological progress, strategic collaborations, innovative solutions, partnerships by major players, and the integration of wireless connectivity and sensor-based technologies into the system.
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Top Growth Drivers in the Smart Indoor Gardening System Industry: What's Accelerating the Market?
The surge in gardening activities is predicted to stimulate the expansion of the smart indoor gardening system market. These activities encompass all tasks and undertakings linked with nurturing and caring for plants in both outdoor and indoor settings. Smart indoor gardening systems are appealing to an increasing number of people interested in indoor gardening due to their automated functions and ideal environments for efficient plant growth. For example, a report by the National Gardening Association, a US-based nonprofit organization, in April 2023 showed that the average household expenditure on lawn and gardening-related activities in 2022 was $616. This marked a $74 hike from 2021. Furthermore, the rate of participation in lawn and gardening activities in 2022 hit its peak in five years, with 80% of households partaking in these activities. Thus, the escalating gardening activities are fueling the growth of the smart indoor gardening system market.
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What Trends Will Shape the Smart Indoor Gardening System Market Through 2029 and Beyond?
Major players in the smart indoor gardening system market are concentrating on the production of novel products such as real-time monitoring, which lets users water their plants only when required. Real-time monitoring involves the careful study and analysis of data as it is produced, facilitating swift feedback and actions. For example, Third Reality Inc., a Chinese smart home tech firm, introduced the Smart Soil Moisture Sensor in October 2024. This tool promotes water saving and plant care through intelligent observation. The new smart soil moisture sensor is designed to aid gardeners in tracking soil moisture content and minimizing unneeded watering. With its robust, water-resistant design, it can be used both indoors and outdoors. The sensor flawlessly integrates with Zigbee-enabled smart home systems, allowing for straightforward management via mobile apps or voice-controlled assistants. Users are notified when moisture levels are low, encouraging effective plant maintenance and water preservation.
What Are the Main Segments in the Smart Indoor Gardening System Market?
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 Top Companies are Driving Growth in the Smart Indoor Gardening System Market?
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.
Which Regions Will Dominate the Smart Indoor Gardening System Market Through 2029?
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
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