Weather Forecasting Services Market size is estimated to be USD 2.4 Billion in 2024 and is expected to reach USD 5.1 Billion by 2033 at a CAGR of 9.2% from 2026 to 2033.
The global Weather Forecasting Services Market was valued at approximately USD 2.60 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 7.1% from 2023 to 2030. This market growth is attributed to the increasing demand for accurate and timely weather predictions in sectors such as agriculture, aviation, and disaster management. The rise in climate change awareness and the need for advanced technological solutions in weather prediction are also driving market expansion. The market size in 2030 is expected to reach around USD 5.30 billion, marking a significant growth trajectory over the forecast period. Regionally, North America holds a prominent share of the Weather Forecasting Services Market, accounting for approximately 35% of the total market value in 2022. This is due to the presence of advanced weather forecasting infrastructure, significant investments in weather research, and high demand from sectors like agriculture and transportation. Europe follows with a market share of 30%, driven by strong government initiatives and advanced meteorological services. The Asia Pacific region is expected to witness the highest growth rate during the forecast period, with a CAGR of 8.2%, owing to the increasing need for weather services across rapidly developing nations such as India and China. The Middle East and Africa, as well as Latin America, are also expected to see substantial growth, with a growing need for weather forecasting in agriculture and infrastructure development.
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Global Weather Corporation
Accuweather Inc
BMT ARGOSS
Skymet Weather Services
Precision Weather
The Weather Company
Fugro
Enav S.p.A
Right Weather LLC
StormGeo
MeteoGroup
WeatherBell Analytics
Hometown Forecast Services
AWIS
Sailing Weather Service
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Weather Forecasting Services Market
Short-range Forecasting
Medium-range Forecasting
Long-range Forecasting
Severe Weather Forecasting
Agriculture
Transportation and Logistics
Energy and Utilities
Construction
Retail
Insurance
Web-Based Services
Mobile Applications
Email Alerts
API Integration Services
Temperature Forecasts
Precipitation Forecasts
Wind Speed and Direction Forecasts
Humidity and Atmospheric Pressure Forecasts
Sky Condition Forecasts
Numerical Weather Prediction Models
Statistical Weather Forecasting Techniques
Remote Sensing Technology
Climate Models
Machine Learning and Artificial Intelligence
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Weather Forecasting Services Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Weather Forecasting Services Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Weather Forecasting Services Market, By Type
6. Global Weather Forecasting Services Market, By Application
7. Global Weather Forecasting Services Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Weather Forecasting Services Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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