The Smart Indoor Garden Systems market is anticipated to grow at a considerable CAGR of 8.1% during the forecast period. The introduction of several new and advanced technologies in indoor gardening systems is anticipated to offer lucrative growth opportunities for the market during the forecast period. Technical advancements in smart indoor garden systems such as the introduction of IoT-based smart home gardening systems which enables compatibility with software-based mobile applications are pushing the market growth further. For instance, in 2020, the US-based Niwa built the first fully connected growing system that enables users to grow their fruit, vegetables, flowers, and even herbs. Along with creating a perfect growing environment, watering, and feeding the plants the product also allows the users to control it all from their smartphone. Niwa pairs with a free app available on iOS and Android which turns the whole growing process into an easy, and interactive experience. From the app, users can watch their plant grow, track & understand its progress, water & control climate variables, and complete their tasks.
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Additionally, the increasing adoption of smart indoor garden systems integrated with AI-based technologies and devices is further adding to the market growth. For instance, in December 2021, Gardyn rolled out a fully automated AI-based vertical indoor growing system. The new system is a ‘hydroponic’ indoor gardening system that reduces water usage considerably as it recirculates water in a closed-loop. The system incorporates the features of aeroponic & hydroponic technology and leverages AI technology to analyze and optimize plant growth. The startup also provides a virtual assistant which can send notifications to the users’ phones about the watering and harvest schedule. The Gardyn app automates the water and lights for optimal growth of the plants and leverages cameras, temperature, and humidity sensors to analyze and optimize plant growth. The startup further claims that the indoor growing system yields the same amount of produce as a 1,300 sq. ft. outdoor vegetable garden.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Smart Indoor Garden Systems Market Report Segment
By Type
- Wall Garden
- Floor Garden
By Technology
- Smart Sensing Technology
- Smart Pest Management Technology
- Self-Watering Technology
By End-Use
- Residential
- Commercial
Smart Indoor Garden Systems Market Report Segment by Region
North America
- US
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the Smart Indoor Garden Systems market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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