A June 8, 2021 release from the Bureau and Economic Analysis and the US The Census Bureau reports the recovery of the US market. The report also describes the recovery of US international trade in July 2021.
In April 2021, the country’s exports reached $300 billion, an increase of $13.4 billion. In April 2021, imports were $294.5 billion, up $17.4 billion. COVID19 remains a significant issue for economies around the world, as evidenced by the year-over-year decline in exports to the United States between April 2020 and April 2021 and the increase in imports over the same period . The market is clearly trying to recover. Despite this, this means that there will be a direct impact on the healthcare/ICT/chemical industries, which will result in a large market for the market.
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The smart indoor gardening system is designed for easy indoor use in small spaces, without messy floors. The seeds are located inside biodegradable, nutritious plant pods that simply pop into the unit. The device is then plugged in and connected to your Wi-Fi, and the water tank is filled. The indoor gardening system is also used to treat patients which is driving the growth of the market over the forecast period. For example: according to the NCBI, indoor gardening has been used to treat patients with mental health issues. Human beings generally feel happier and more optimistic in an environment rich in plants and nature. Consider a survey conducted at four hospitals in the San Francisco Bay Area.
According to the National Recreation and Park Association, a survey was launched in 2019, in the survey of 3,000 people, 79% of patients said they felt more relaxed and calm, 19% felt more positive and 25% felt refreshed and stronger after spending time in a garden. Moreover, with the adoption of new interior design technologies, the demand for smart indoor gardening systems is expected to increase the market growth over the forecast period. On the other hand, high initial investment for high-quality containers might restrain the market growth of the smart indoor gardening systems market over the forecast period.
Key regions considered for the global Smart Indoor Gardening Systems market study include Asia-Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region in the world in terms of market share owing to the growing geriatric population and the speed and affordability of urgent care services coupled with well-established healthcare infrastructure . While Asia-Pacific is expected to show the highest growth rate/CAGR during the forecast period 2021-2027. Factors such as increasing disposable income, increasing number of injuries, and improved healthcare infrastructure would create lucrative growth prospects for the smart indoor gardening system market in the Asia-Pacific region.
The major market players included in this report are:
AVA Technologies Inc.
CLICK AND CROSS SARL
CityCrop Automated Indoor Farming
Grow Smart Greens
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The objective of the study is to define the market size of different segments and countries in recent years and to forecast the values to the next eight years. The report is designed to incorporate qualitative and quantitative aspects of the industry in each of the regions and countries involved in the study. Furthermore, the report also provides detailed information about the crucial aspects such as driving factors and challenges which will define the future growth of the market. Additionally, the report should also incorporate the opportunities available in the micro markets for stakeholders to invest in, along with the detailed analysis of the competitive landscape and product offerings of key players.
The detailed segments and sub-segments of the market are explained below:
Self-watering, intelligent sensing
Intelligent pest management
Rest of the world
In addition, the years considered for the study are as follows:
Historical year – 2018, 2019
Reference year – 2020
Forecast Period – 2021 to 2027
Target Audience of Global Smart Indoor Gardening Systems Market in Market Research:
Leading Consulting Firms and Advisors
Large, medium and small businesses
Value Added Resellers (VAR)
Third-Party Knowledge Providers
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The market report presents the estimated size of the ICT market at the end of the forecast period. The report also examines historical and current market sizes.
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The report presents current industry trends and future potential for North America, Asia-Pacific, Europe, Latin America, Middle East and Africa markets.
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This market report shows the projected market size for the Multi-Cloud Management Market by the end of forecast period. The report also examines historical and current market sizes.
Based on various indicators, the charts present the year-on-year growth (%) and the compound annual growth rate (CAGR) for the given forecast period.
The report includes market overview, geographic scope, segmentation, and financial performance of key players.
The report examines the current state of the industry and potential growth opportunities in North America, Asia-Pacific, Europe, Latin America, Middle East and Africa.
The research report includes various factors contributing to the growth of the market.
The report analyzes the growth rate, market size and market valuation over the forecast period.
This report covers aspects of the regional analysis market.
The report includes data for North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
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This report provides comprehensive information about the factors that are expected to influence market growth and market share in the future.
The report presents the current market status and future prospects for various geographical regions.
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Combined with Porter’s five forces analysis, it serves as a SWOT analysis and competitive landscape analysis.
It provides an in-depth analysis of the market, highlighting its growth rates and growth opportunities.
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