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Global Smart Vase Market to reach USD XX billion by 2027.

Global Smart Vase Market Size study, by Application (Home, Office, Hospitals, Hotels, Other) by Material (Ceramic, Stone, Metal, PVC, Plastic, Other) by shape (Square, Rectangular, Amphora, Trumpet, Other) by Distribution Channels (Direct Store, Supermarket, Online Store, Other) and Regional Forecasts 2021-2027

Product Code: OIRCGS-12830087
Publish Date: 2-09-2021
Page: 200

Global Smart Vase Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Smart vase is a decorative planter integrated with several features such as LED light, speaker, Bluetooth, etc. Technological advancements and increasing demand for smart products and IoT devices are factors driving the market growth. According to alarms.org 47% of millennials already owning some smart devices in their house while 70% who already own one product are planning to buy another one. Furthermore, smart vase has several features such as it gives a quick alert to the user when plants require water, sunlight and minerals and also this vase can be connected with a mobile application which helps the user adjust the requirements with their smart phone. However, the cost of smart vases is high compared to conventional vases which impedes the growth of the market over the forecast period of 2021-2027. Also, inclination of people toward plants decoration at home is likely to increase the market growth during the forecast period.

The global region wise analysis of Smart Vase market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is a significant region across the world in terms of market share owing to technological advancement in this region and growing popularity of smart homes. Whereas, Europe is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factor such as increasing per capita income of European people has raised the spending on house decorative items as well as smart products thus contributing to the growth of the region’s market.

Major market player included in this report are:
Indiegogo, Inc.
Forma & Cemento
Xiaomi
Smart Pot
Amaranth Vase
Meredith Corporation
Autodesk, Inc
Funnyfish Design
MXYZJCD Garden store
The Brandstatter Group

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Home
Office
Hospitals
Hotels
Other
By Material:
Ceramic
Stone
Metal
PVC
Plastic
Other
By Shape:
Square
Rectangular
Amphora
Trumpet
Other
By Distribution Channel:
Direct Store
Supermarket
Online Store
Other

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Smart Vase Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Smart Vase Market, by region, 2019-2027 (USD Billion)
1.2.2. Smart Vase Market, by Application, 2019-2027 (USD Billion)
1.2.3. Smart Vase Market, by Material, 2019-2027 (USD Billion)
1.2.4. Smart Vase Market, by Shape, 2019-2027 (USD Billion)
1.2.5. Smart Vase Market, by Distribution Channels, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Smart Vase Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Smart Vase Market Dynamics
3.1. Smart Vase Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Increasing demand for smart products
3.1.1.2. Features of smart vase
3.1.2. Market Challenges
3.1.2.1. Higher cost of smart vases
3.1.3. Market Opportunities
3.1.3.1. Inclination of people towards plants decoration
Chapter 4. Global Smart Vase Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Smart Vase Market, by Application
5.1. Market Snapshot
5.2. Global Smart Vase Market by Application, Performance – Potential Analysis
5.3. Global Smart Vase Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
5.4. Smart Vase Market, Sub Segment Analysis
5.4.1. Home
5.4.2. Office
5.4.3. Hospitals
5.4.4. Hotels
5.4.5. Other
Chapter 6. Global Smart Vase Market, by Material
6.1. Market Snapshot
6.2. Global Smart Vase Market by Material, Performance – Potential Analysis
6.3. Global Smart Vase Market Estimates & Forecasts by Material 2018-2027 (USD Billion)
6.4. Smart Vase Market, Sub Segment Analysis
6.4.1. Ceramic
6.4.2. Stone
6.4.3. Metal
6.4.4. PVC
6.4.5. Plastic
6.4.6. Other
Chapter 7. Global Smart Vase Market, by Shape
7.1. Market Snapshot
7.2. Global Smart Vase Market by Shape, Performance – Potential Analysis
7.3. Global Smart Vase Market Estimates & Forecasts by Shape 2018-2027 (USD Billion)
7.4. Smart Vase Market, Sub Segment Analysis
7.4.1. Square
7.4.2. Rectangular
7.4.3. Amphora
7.4.4. Trumpet
7.4.5. Other
Chapter 8. Global Smart Vase Market, by Distribution Channels
8.1. Market Snapshot
8.2. Global Smart Vase Market by Distribution Channels, Performance – Potential Analysis
8.3. Global Smart Vase Market Estimates & Forecasts by Distribution Channels 2018-2027 (USD Billion)
8.4. Smart Vase Market, Sub Segment Analysis
8.4.1. Direct Store
8.4.2. Supermarket
8.4.3. Online Store
8.4.4. Other
Chapter 9. Global Smart Vase Market, Regional Analysis
9.1. Smart Vase Market, Regional Market Snapshot
9.2. North America Smart Vase Market
9.2.1. U.S. Smart Vase Market
9.2.1.1. Application breakdown estimates & forecasts, 2018-2027
9.2.1.2. Material breakdown estimates & forecasts, 2018-2027
9.2.1.3. Shape breakdown estimates & forecasts, 2018-2027
9.2.1.4. Distribution Channels breakdown estimates & forecasts, 2018-2027
9.2.2. Canada Smart Vase Market
9.3. Europe Smart Vase Market Snapshot
9.3.1. U.K. Smart Vase Market
9.3.2. Germany Smart Vase Market
9.3.3. France Smart Vase Market
9.3.4. Spain Smart Vase Market
9.3.5. Italy Smart Vase Market
9.3.6. Rest of Europe Smart Vase Market
9.4. Asia-Pacific Smart Vase Market Snapshot
9.4.1. China Smart Vase Market
9.4.2. India Smart Vase Market
9.4.3. Japan Smart Vase Market
9.4.4. Australia Smart Vase Market
9.4.5. South Korea Smart Vase Market
9.4.6. Rest of Asia Pacific Smart Vase Market
9.5. Latin America Smart Vase Market Snapshot
9.5.1. Brazil Smart Vase Market
9.5.2. Mexico Smart Vase Market
9.6. Rest of The World Smart Vase Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Indiegogo, Inc
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Forma & Cemento
10.2.3. Xiaomi
10.2.4. Smart Pot
10.2.5. Amaranth Vases
10.2.6. Meredith Corporation
10.2.7. Autodesk, Inc
10.2.8. Funnyfish Design
10.2.9. MXYZJCD Garden Store
10.2.10. The Brandstatter Group
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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Data Collection:
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Data Analysis:
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To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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