Smart Indoor Gardening System Market worth USD 308.8 billion by 2033

The Market Statsville Group (MSG) publishes the new report on the "Smart Indoor Gardening System Market by Type (Self-Watering, Smart Sensing, Smart Pest Management, and Others), by Application (Floor Garden and Wall Garden) and by Region – Global Share and Forecast to 2033

According to the Market Statsville Group (MSG), the global Smart Indoor Gardening System market size is expected to grow at a CAGR of 8.6% from 2023 to 2033.

The COVID-19 pandemic has made many countries worldwide realize the importance of strengthening their food production and distribution systems to combat hunger and address the problem of malnutrition. Indoor farming has emerged as a potential solution that can help address various aspects of food security, especially during times of crisis such as the ongoing pandemic. In addition, for such indoor farming, smart indoor garden systems allow growing plants such as herbs, strawberries, and flowers faster in a controlled environment, without pesticides, plant hormones, or potentially harmful chemicals and substances. The smart indoor garden combines small farming units with upgraded technologies to provide effective gardening solutions. Such factors drive the market’s growth across the globe.

An increase in health consciousness and consumption of residue-free food has paved the way for advanced techniques, like indoor or organic indoor farming. People are growing the necessary crops in their own houses on a small scale to have food free from pests, which has resulted in a higher yield. Further, they are also adopting various new trends such as vertical farming and using advancing technologies to meet their requirements. This, in turn, contributes to the market's growth over the forecasting period.

Moreover, the rising trend of indoor gardening in urban areas using modern technologies is boosting the market growth. For indoor gardening, many urban farming innovators and start-ups have developed smart devices and offer services such as setting up smart indoor gardens for clients. Smart farming techniques such as automated watering and nutrient systems ensure a hassle-free growing experience for individuals living in urban cities with busy schedules. For Instance, Polyhouse technology provides a controlled farming environment to control pests, temperature, humidity, and other environment-related factors. In addition, the continuously growing demand for organic food products has been driving the deployment of organic farming facilities and techniques. Harmful pesticides and fertilizers are not used in indoor farming, and plants grown organically have higher nutritional value. Many small-scale farmers have been opting for indoor organic farming and exploring plant options that can be grown on a small scale through home gardening. Thus, to manage all such operations at small or large levels in indoor settings, the demand for smart solutions to address such operations surges. Farmers opt for effective indoor gardening systems to look after their gardens and enhance their yield.

Global Smart Indoor Gardening System Market Segmentation

The smart indoor gardening system market has been segmented into component, network function, end-users, application, and region.

• By Type (Self-Watering, Smart Sensing, Smart Pest Management, and Others)
• By Application (Floor Garden and Wall Garden)
• By Region (US, Canada, Mexico, UK, Germany, France, Italy, Spain, China, Japan, India, South Korea, Southeast Asia, Australia, Saudi Arabia, UAE, South Africa, Qatar, Nigeria, Israel, Brazil, Argentina, Peru)

Floor Garden segment is projected to witness the highest CAGR during the forecast period

Floor Garden segment is expected to grow at the highest CAGR of 9.1% during the forecast period. This type of gardening has become increasingly popular in recent years due to its ability to grow plants in limited space, using less water and fertilizers than traditional gardening methods. As a result, the floor garden segment has emerged as the dominant segment in the smart indoor gardening system market. Floor gardens are easy to use and maintain, making them a popular choice among homeowners and commercial users alike. These systems can be set up in small apartments, offices, and other spaces with limited access to outdoor gardening. The lack of soil also eliminates the need for regular watering and weeding, making it a low-maintenance option for gardening enthusiasts.

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Asia Pacific accounts for the highest CAGR during the forecast period

Asia Pacific is expected to witness the highest CAGR of 9.6% in the smart indoor gardening system market. As urbanization and industrialization continue to expand in the Asia Pacific region, people are increasingly seeking ways to reconnect with nature and enjoy the benefits of green spaces. The smart indoor gardening system market in the Asia Pacific is driven due to the rising interest in sustainable living and organic food. With concerns about the environmental impact of conventional agriculture, many people in the region are turning to indoor gardening as a way to grow fresh produce in a sustainable and environmentally-friendly manner. Smart indoor gardening systems that use hydroponics or aquaponics are particularly popular in this regard, as they allow for the cultivation of crops with less water usage and without the need for soil.

This research report includes a study on the development and marketing strategies and a study on the product portfolios and winning strategies of the leading companies operating in the smart indoor gardening system market. It also consists of the profiles of leading companies such as Robert Bosch GmbH, SproutsIO, Agrilution, Grow Smart Greens, Plantui, Rise Gardens, CityCrop, OnePointOne, Inc., AeroFarms, AVA, EDN, Inc., Grobo, CLICK & GROW LLC, Agro2o, and TOWER GARDEN. The key players' growing research and development activities for innovative solutions are expected to drive market growth.

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