Smart Indoor Garden Market Growth Statistics Model, Forecast by Size and Share, Supply-Demand Scenario, Potential Challenges, Driving Factor Segment 2029
Smart Indoor Garden Market was valued at USD 122.75 Million in 2022, and it is expected to reach USD 225.70 Million by 2029, exhibiting a CAGR of 9.09 % during the forecast period (2023-2029).
Smart Indoor Garden Market Overview
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Smart Indoor Garden Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Smart Indoor Garden market, with forecasts outspreading to the year 2030.
Anticipated Growth in Revenue:
Smart Indoor Garden Market was valued at USD 122.75 Million in 2022, and it is expected to reach USD 225.70 Million by 2029, exhibiting a CAGR of 9.09 % during the forecast period (2023-2029).
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Market Dynamics:
The research delves deeply into and explains the dynamics of the Smart Indoor Garden Market. Some of the drivers and restraints are represented here; their detailed explanation is discussed in the MMR report, along with other supporting
According to the World Health Organisation (WHO), 80% of the world's population lives in urban areas. People in urban areas lack arable land, so they've started employing new techniques like vertical farming and smart greenhouses to cultivate produce. Demand for indoor gardening systems has increased significantly as interior design trends evolve. Indoor gardening is the preferred approach for improving the aesthetics of residential and commercial settings, which has fueled the growth of the global smart indoor gardening market.
Smart Indoor Garden Market Scope and Methodology:
The Smart Indoor Garden Market report provides an in-depth analysis of the market. It provides insight into current and future market trends and provides insight into key regional markets and their growth prospects. The report provides an in-depth assessment of key market drivers and restraints, opportunities and challenges faced by vendors, and the competitive landscape to help stakeholders make the right decisions to maximize their revenues. Competitive analysis also highlights the strengths and weaknesses of major competitors, enabling clients to understand the competitive position of companies operating in the Smart Indoor Garden market.
The overall Smart Indoor Garden report focuses on the most important parts such as market segments, market outlook. Segments provide details on various aspects such as end-use industry, product or service types, and any other relevant segmentation as per the current market scenario. It covers various aspects of downstream marketing activities, trends affecting new business development and investment opportunities.
Smart Indoor Garden Market Regional Insights:
The report measure the situation of the Smart Indoor Garden market in various countries such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Smart Indoor Garden The market is classified into defined regions, which facilitates a holistic understanding of the market landscape and the ever-evolving forces in each specific geographic region.
Smart Indoor Garden Market Segmentation:
by Type
Small Garden
Wall Garden
Floor Garden
Others
by Crop Type
Fruits & Vegetables
Herbs & Microgreens
Flowers & Ornamentals
by Technology
Smart Sensing Technology
Smart Pest Management Technology
Self-Watering Technology
Others
Based on technology, the self-watering segment currently dominates the global market and is predicted to continue to do so over the forecast period. The segment's rise can be attributed to the high demand for automated plant watering systems, which provide a hassle-free plant growing experience and are extremely popular among people with busy schedules. Over the projection period, the pest management segment is expected to have the highest CAGR. The Internet of Things (IoT) has enabled utility-like pest management systems that prevent infection in all weather conditions while also providing customers with access to information, structural views, and pest control alerts, all of which are projected to contribute to the segment's growth.
By End User, the residential sector is expected to have the maximum revenue share in 2022 and dominate the market throughout the projection period. The large segment share could be attributed to increased residential development activities around the world. Furthermore, it is expected that increased refurbishment initiatives will drive the segment's growth. For example, a handful of upcoming residential developments in Canada include Rockcliffe Lands Redevelopment, Oxford Place, and Garibaldi at Squamish Ski Resort, together totaling roughly CAD 3.5 billion. Furthermore, the industry is expected to develop significantly as the global population's per capita income rises. In the coming years, the commercial sector is expected to increase steadily.
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Table of Content: Smart Indoor Garden Market
Part 01: Executive Summary
Part 02: Scope of the Smart Indoor Garden Market Report
Part 03: Global Smart Indoor Garden Market Landscape
Part 04: Global Smart Indoor Garden Market Sizing
Part 05: Global Smart Indoor Garden Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Smart Indoor Garden Market Key Players:
1. Aero Farms
2. Agrilution GmbH
3. AVA Technologies Inc.
4. BSH Hausgerate GmbH (Robert Bosch Stiftung GmbH)
5. CityCrop Automated Indoor Farming Ltd.
6. Click & Grow LLC
7. EDN Inc.
8. Grobo Inc.
9. Plantui Oy
10. SproutsIO Inc.
11. Metropolis Farms Canada
12. Moistenland LLC
13. Natufia Saudi Arabia LLC
14. Plantui Oy
15. Rise Gardens LLC
16. The Leaf Land Scape
17. Tower Garden
Key questions answered in the Smart Indoor Garden Market are:
- What is Smart Indoor Garden?
- What was the Smart Indoor Garden market size in 2023?
- What is the CAGR at which the Smart Indoor Garden market will grow during the forecast period?
- What are the different segments of the Smart Indoor Garden Market?
- Which is the fastest growing region in the Smart Indoor Gardenmarket?
- What growth strategies are the players considering to increase their presence in Smart Indoor Garden?
- What are the upcoming opportunities and trends for the Smart Indoor Garden Market?
- Who are the leading companies and what are their portfolios in Smart Indoor Garden Market?
- What segments are covered in the Smart Indoor Garden Market?
- What is growth rate of the the Smart Indoor Garden Market?
- Who are the key players in the Smart Indoor Garden market?
- Which are the factors expected to drive the Smart Indoor Garden market growth?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Smart Indoor Garden Market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2019 to 2023)
- Past Pricing and price curve by region (2019 to 2023)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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