Smart Indoor Gardens Market Size, Share

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Smart Indoor Gardens Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Market Overview:

The global smart indoor gardens market exhibited strong growth during 2014-2019. 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.

Smart Indoor Gardens Market Report

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. Looking forward, IMARC Group expects the global smart indoor gardening market to continue its strong growth during the next five years.

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 for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, type, technology and end use.

Breakup by Type:

Small Garden
Wall Garden
Others

Breakup by Technology:

Smart Sensing Technology
Smart Pest Management Technology
Self-Watering Technology
Others

Breakup by End Use:

Residential
Commercial

Breakup by Region:

North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
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.

Key Questions Answered in This Report:

How has the global smart indoor garden 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 garden 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 garden market and who are the key players?
What is the degree of competition in the industry?