Market Overview:
The global smart indoor gardens market size reached US$ 139.3 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 265.1 Million by 2032, exhibiting a growth rate (CAGR) of 7.41% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 139.3 Million |
Market Forecast in 2032
|
US$ 265.1 Million |
Market Growth Rate 2024-2032 |
7.41% |
A smart indoor garden includes the integration of small farming units with advanced technologies providing efficient gardening solutions. Several components of a smart indoor garden comprise of biodegradable plant capsules, growth sensors, self-watering systems, nutrition devices, LED lamps, humidifiers, etc. The indoor garden also includes smart air purifiers that enhance the natural phytoremediation efficiency of plants to eliminate microbial growth, fine particulates, and odors. As a result, smart indoor gardens are widely installed across households, retail centers, hospitality facilities, etc.
The rising levels of urbanization coupled with the increasing focus on indoor aesthetics are primarily driving the market for smart indoor gardens. Moreover, the elevating consumer living standards along with growing per capita expenditures on high-end interior décor are further propelling the product demand. Additionally, the increasing health concerns towards the utilization of growth-inducing chemicals in conventional crop farming are propelling the demand for organic food sources produced in smart indoor gardens. The wide presence of green and smart buildings with exotic interior designing solutions is also driving the market growth. Besides this, the advent of several innovative technologies has led to the increasing penetration of smart indoor gardens with compostable pods and automated hydroponic irrigation systems. Furthermore, the emergence of IoT-based smart home gardening systems providing high compatibility with software-based mobile applications is further propelling the market. Additionally, the growing adoption of smart indoor gardening systems combined with AI-based home devices, such as Alexa, Google Home, and Amazon Echo, is also catalyzing the market growth. Besides this, the rising integration of smart indoor gardens with digital monitoring systems has also enabled the remote data collection regarding plant growth and nutrient levels. Extensive R&D activities in the sector pertaining to the emergence of advanced smart indoor gardens with wireless connectivity and sensor-based monitoring systems are expected to further drive the market growth.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global smart indoor gardens market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, technology and end use.
Breakup by Type:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Small Garden
- Wall Garden
- Others
Breakup by Technology:
- Smart Sensing Technology
- Smart Pest Management Technology
- Self-Watering Technology
- Others
Breakup by End Use:
Breakup by Region:
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- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
- Turkey
- Saudi Arabia
- United Arab Emirates
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being AeroFarms, Agrilution GmbH, AVA Technologies Inc., BSH Hausgeräte GmbH (Robert Bosch Stiftung GmbH), CityCrop Automated Indoor Farming Ltd, Click & Grow LLC, EDN Inc., Grobo Inc., Plantui Oy, and SproutsIO Inc.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Segment Coverage |
Type, Technology, End Use, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Brazil, Mexico, Turkey, Saudi Arabia, United Arab Emirates |
Companies Covered |
AeroFarms, Agrilution GmbH, AVA Technologies Inc., BSH Hausgeräte GmbH (Robert Bosch Stiftung GmbH), CityCrop Automated Indoor Farming Ltd, Click & Grow LLC, EDN Inc., Grobo Inc., Plantui Oy, and SproutsIO Inc. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global smart indoor gardens market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global smart indoor gardens market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global smart indoor gardens market and who are the key players?
- What is the degree of competition in the industry?