Weather Forecasting Services Market by Industry (Insurance Aviation, Others), Forecasting Type (Nowcast, Short, Medium, Extended, Long) Purpose (Safety, Operational Efficiency), Organization (Large, Small-Sized Enterprises) and Global Forecast to 2028

The Weather Forecasting Services market is projected to grow from USD 1.9 Billion in 2023 to USD 2.8 Billion by 2028, at a CAGR of 8.2 % during the forecast period. Technological advancements and increasing demand for weather forecasting data across the globe are driving the growth of the market.

Insurance is projected to hold the highest share of the market by Industry during the forecast period.

Based on Industry, the Insurance segment of the Weather Forecasting Services market is projected to hold the highest share during the forecast period. The Insurance companies use Weather Forecasting and Historical Weather data to verify the claims and assess the extent of the loss. Accurate weather data is crucial for weather-related claims. The Weather data helps to prevent fraud claims and ensures fair compensation for policyholders. Accurate weather Forecast helps in quantify risks associated with various weather-related events like hurricanes, floods, wildfires, hailstorms, and more to ensure perfect policy prices and manage the exposure to potential claims.

The Nowcast segment is projected to grow at the highest rate by Forecasting Type.

Based on Forecasting type, the Nowcast segment is projected to grow at the highest rate during the forecast period. Nowcast forecasting type focuses on providing short-term, highly localized, and real-time weather information. The nowcast provides up-to-the-minute weather information. For route scheduling, farmers, marine, and various other industries the nowcast forecasting is very crucial to minimize loss due to bad weather conditions. The nowcast forecasting is very much important for transport and industries to minimize road accidents and logistics damage due to unwanted weather conditions and natural calamities.

Asia Pacific is expected to account for the largest market share in 2023.

The Weather Forecasting Services market industry has been studied in North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia Pacific accounted for the largest market share for Weather Forecasting Services. Asia Pacific is estimated to grow at the highest CAGR of 8.7 % during the forecast period. China leads the market in Asia Pacific with a large number of companies and startups operating in the industry. The country is playing a vital role in the advancement and services of Weather Forecasting Services. The market is expected to expand owing to the demand for Weather Forecasting Services systems to minimize the loss in various industries due to bad weather conditions and natural calamities.

The break-up of the profile of primary participants in the WEATHER FORECASTING SERVICES market:

By Company Type: Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
By Designation: C Level - 35%, Managers - 25%, Others-40%
By Region: North America -40%, Asia Pacific - 30%, Europe - 20%, Middle East & Africa - 5%, Latin America - 5%

Prominent companies include The Weather Company (US), DTN (US), Accuweather (US), Fugro (Netherlands), and Enav S.P.A (Italy) among others.

Research Coverage:

This research report categorizes the Weather Forecasting Services market by Forecast (Nowcast, Short- Range, Medium- Range, Extended- Range, Long- Range), by Purpose (Safety, Operational Efficiency, Others) , by Industry (transport and logistics, Marine, Aviation, Media, Oil & Gas, Agriculture & Forestry, Insurance, Retail, Energy & Utilities, Construction & Mining, Others) and Organization Size (Large Enterprises, Small & Medium- Sized Enterprises), and by region (North America, Europe, Asia Pacific, Middle East & Africa, Latin America). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the Weather Forecasting Services market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, services; key strategies; Contracts, partnerships, and agreements. New product & service launches, mergers and acquisitions, and recent developments associated with the Weather Forecasting Services System market. Competitive analysis of upcoming startups in the Weather Forecasting Services market ecosystem is covered in this report.

Reasons to buy this report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Weather Forecasting Services System market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

Analysis of key drivers (Integration of weather forecasting services in transport and logistics sectors, Demand for weather forecasting services in modern-day agriculture, Increase in need of Weather Forecasting to reduce aviation accidents, Rise in climate-change patterns resulting in uncertainties related to rainfall, Increase in weather monitoring for disaster management), restraints (Dynamic nature of atmospheric variables, Complexity and lack of specialized weather forecasting models), opportunities (Growth of renewable energy sector, Increasing computing capabilities of supercomputers, Development of high-end radars and satellites for weather monitoring, Increasing use of big data analytics in weather forecasting services), and challenges (Lack of effective automation, Frequent occurrence of false weather alarms ) influencing the growth of the authentication and brand protection market
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Weather Forecasting Services market
Market Development: Comprehensive information about lucrative markets - the report analyses the Weather Forecasting Services market across varied regions
Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Weather Forecasting Services market
Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players in the Weather Forecasting Services market

1 Introduction

1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
Figure 1 Weather Forecasting Services Market Segmentation
1.3.2 Regions Covered
1.3.3 Years Considered
1.4 Currency Considered
Table 1 USD Exchange Rate
1.5 Stakeholders
1.6 Summary of Changes
1.6.1 Recession Impact

2 Research Methodology

2.1 Research Approach
Figure 2 Report Process Flow
Figure 3 Weather Forecasting Services Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Insights from Industry Experts
2.1.2.3 Breakdown of Primaries: by Company Type, Designation, and Region
Table 2 Details of Primary Interviewees
2.2 Factor Analysis
2.2.1 Introduction
2.2.2 Demand-Side Analysis
2.2.2.1 Increasing Safety Concerns due to Climate Change
Figure 4 Causes of Aviation Accidents Between 1960 and 2023
2.2.2.2 Increasing International Trade
2.2.3 Supply-Side Analysis
2.2.3.1 Advancements in Weather Forecasting Technologies
2.2.4 Recession Impact Analysis
2.3 Market-Size Estimation
2.3.1 Bottom-Up Approach
Figure 5 Market Size Estimation: Bottom-Up Approach
2.3.2 Top-Down Approach
Figure 6 Market Size Estimation: Top-Down Approach
2.4 Market Breakdown and Data Triangulation
Figure 7 Research Methodology: Data Triangulation
2.5 Growth Rate Assumptions
2.6 Research Assumptions
2.6.1 Risk Analysis

3 Executive Summary

Figure 8 Safety Segment to Lead Market from 2023 to 2028
Figure 9 Small & Medium-Sized Enterprises Segment to Register Higher CAGR Than Large Enterprises Segment During Forecast Period
Figure 10 Energy & Utilities Segment to Register Highest CAGR During Forecast Period
Figure 11 North America Estimated to Account for Largest Market Share in 2023

4 Premium Insights

4.1 Attractive Opportunities for Players in Weather Forecasting Services Market
Figure 12 Increasing Safety Concerns Among Industries to Drive Adoption of Weather Forecasting Services
4.2 Weather Forecasting Services Market, by Forecast Type
Figure 13 Short-Range Forecasting Segment to Lead Market During Forecast Period
4.3 Weather Forecasting Services Market, by Purpose
Figure 14 Safety Segment to Dominate Market During Forecast Period
4.4 Weather Forecasting Services Market, by Industry
Figure 15 Insurance Segment to Dominate Market During Forecast Period
4.5 Weather Forecasting Services Market, by Organization Size
Figure 16 Large Enterprises Segment to Lead Market During Forecast Period
4.6 Weather Forecasting Services Market, by Country
Figure 17 India to Register Highest CAGR in Weather Forecasting Services Market During Forecast Period

5 Market Overview

5.1 Introduction
5.2 Market Dynamics
Figure 18 Weather Forecasting Services Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Integration of Weather Forecasting Services in Transport and Logistics Sectors
5.2.1.2 Demand for Weather Forecasting Services in Modern-Day Agriculture
5.2.1.3 Growing Need for Weather Forecasting Services to Ensure Flight Safety
Figure 19 Accidents in the Aviation Industry, 1960-2022
5.2.1.4 Rise in Climate-Change Patterns Resulting in Uncertainties Related to Rainfall
Figure 20 Global Temperature Changes from 1900 to 2022
5.2.1.5 Increase in Weather Monitoring for Disaster Management
5.2.2 Restraints
5.2.2.1 Dynamic Nature of Atmospheric Variables
5.2.2.2 Complexity and Lack of Specialized Weather Forecasting Models
5.2.3 Opportunities
5.2.3.1 Growth of Renewable Energy Sector
Figure 21 Renewable Energy Capacity, by Energy Source, 2022
5.2.3.2 Increasing Computing Capabilities of Supercomputers
5.2.3.3 Development of High-End Radars and Satellites for Weather Monitoring
5.2.3.4 Increasing Use of Big Data Analytics in Weather Forecasting Services
5.2.4 Challenges
5.2.4.1 Lack of Effective Automation
5.2.4.2 Frequent Occurrence of False Weather Alarms
5.3 Recession Impact Analysis
5.4 Value Chain Analysis
Figure 22 Value Chain Analysis
5.5 Trends/Disruptions Impacting Customer Business
5.5.1 Revenue Shift and New Technology Adoption by Service Providers
Figure 23 Revenue Shift in Weather Forecasting Services Market
5.6 Weather Forecasting Services Market Ecosystem
5.6.1 Prominent Companies
5.6.2 Private and Small Enterprises
5.6.3 End-users
Figure 24 Weather Forecasting Services Market Ecosystem Map
Table 3 Weather Forecasting Services Market Ecosystem
5.7 Porter's Five Forces Analysis
Table 4 Porter's Five Forces Analysis
5.7.1 Threat of New Entrants
5.7.2 Threat of Substitutes
5.7.3 Bargaining Power of Suppliers
5.7.4 Bargaining Power of Buyers
5.7.5 Intensity of Competitive Rivalry
5.8 Pricing Analysis
5.8.1 Average Selling Price Range of Weather Forecasting Services, by Industry, 2022
5.9 Tariff and Regulatory Landscape
Table 5 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 6 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 7 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 8 Rest of the World: Regulatory Bodies, Government Agencies, and Other Organizations
5.10 Trade Analysis
Table 9 Country-Wise Exports, 2021-2022 (USD Thousand)
Table 10 Country-Wise Imports, 2021-2022 (USD Thousand)
Table 11 Thermometers & Pyrometers Not Combined with Other Instruments, Country-Wise Exports, 2021-2022 (USD Thousand)
Table 12 Thermometers & Pyrometers Not Combined with Other Instruments, Country-Wise Imports, 2021-2022 (USD Thousand)
5.11 Patent Analysis
Figure 25 Major Patents for Weather Forecasting
Table 13 Major Patents for Weather Forecasting Services Market
5.12 Key Stakeholders and Buying Criteria
5.12.1 Key Stakeholders in the Buying Process
Figure 26 Influence of Stakeholders on Buying Process, by Organization Size
Table 14 Influence of Stakeholders on Buying Process, by Organization Size (%)
5.12.2 Buying Criteria
Figure 27 Key Buying Criteria for Weather Forecasting Services, by Organization Size
Table 15 Key Buying Criteria for Weather Forecasting Services, by Organization Size
5.13 Key Conferences and Events, 2023-2024
Table 16 Conferences and Events, 2023-2024
5.14 Technology Analysis
5.14.1 Dual-Polarization Radar
5.14.2 Advanced Satellites
5.15 Case Study Analysis
5.15.1 Use Case: Artificial Intelligence (AI) in Weather Forecasting for Fast Predictions
5.15.2 Use Case: Machine Learning Algorithms to Increase Weather Forecasting Accuracy
5.15.3 Use Case: Automated Weather Analysis Using Image Recognition
5.15.4 Use Case: Dual-Polarization Technology
5.15.5 Use Case: The Weather Company's Global High-Resolution Atmospheric Forecasting System (Graf)
5.15.6 Use Case: Weather Forecasting in Cloud Applications

6 Industry Trends

6.1 Introduction
6.2 Supply Chain Analysis
Figure 28 Supply Chain Analysis
6.3 Emerging Industry Trends
Table 17 Advancements in Autonomous Ships in Key Nations
6.4 Technology Trends
6.4.1 Disruptive Technologies: IoT, AI, and Big Data Analytics
6.4.2 Weather Drones
6.4.3 Supercomputers
6.4.4 Computers with Fast Processors
6.4.5 Emergence of Next-Generation Radar Technology
6.4.6 Big Weather Data Analysis
6.4.7 Intelligent Weather Predicting Modules
6.5 New Weather Forecasting Models
6.5.1 Horizontal Wind Model (HWM)
6.5.2 Advanced Weather Interactive Processing System (Awips) II
6.5.3 Even Newer Dynamics for General Atmospheric Modeling of the Environment (Endgame)
6.6 Impact of Megatrends
6.6.1 Automation
6.6.2 Digitization

7 Weather Forecasting Services Market, by Industry

7.1 Introduction
Figure 29 Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 18 Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 19 Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
7.2 Transport & Logistics
7.2.1 Growing Need for Weather Forecasting to Control Losses Due to Bad Weather Conditions
7.3 Marine
7.3.1 Demand for Marine Weather Forecasting Driven by Need to Analyze Weather Conditions
7.4 Aviation
7.4.1 Need for Accurate Weather Forecasting to Reduce Aviation Accidents and Ensure Air Passenger Safety
7.5 Media
7.5.1 Need for Weather Warning Systems to Help in Efficient Event Handling
7.6 Oil & Gas
7.6.1 Weather Forecasting Services to Help in Voyage Planning
7.7 Agriculture
7.7.1 Weather Forecasting Services to Help Mitigate Risks in Agriculture
7.8 Insurance
7.8.1 Increasing Need for Weather Data for Future Claims
7.9 Retail
7.9.1 Increasing Use of Weather Forecasting Services to Analyze Sales Trends
7.10 Energy & Utilities
7.10.1 Upsurge in Renewable Energy Production to Drive Demand
7.11 Construction & Mining
7.11.1 Effective Planning to Help Mitigate Weather Risks
7.12 Others

8 Weather Forecasting Services Market, by Forecast Type

8.1 Introduction
Table 20 Weather Forecasting Ranges
Figure 30 Weather Forecasting Services Market, by Forecasting Type, 2023-2028 (USD Million)
Table 21 Weather Forecasting Services Market, by Forecast Type, 2020-2022 (USD Million)
Table 22 Weather Forecasting Services Market, by Forecast Type, 2023-2028 (USD Million)
8.2 Nowcast
8.2.1 Increasing Need for Accurate Prediction of Weather Conditions Within 6 Hours to Drive Market
8.3 Short-Range
8.3.1 Growing Use in Fisheries and Transportation to Boost Demand for Short-Range Forecasting
8.4 Medium-Range
8.4.1 Requirement for Medium-Range Forecast in Agricultural Industry to Drive Market
8.5 Extended-Range
8.5.1 Growing Demand from Resource Management and City Planning Sectors to Drive Market
8.6 Long-Range
8.6.1 Increasing Demand from Weather-Sensitive Industries to Drive Market

9 Weather Forecasting Services Market, by Organization Size

9.1 Introduction
Figure 31 Weather Forecasting Services Market, by Organization Size, 2023-2028 (USD Million)
Table 23 Weather Forecasting Services Market, by Organization Size, 2020-2022 (USD Million)
Table 24 Weather Forecasting Services Market, by Organization Size, 2023-2028 (USD Million)
9.2 Large Enterprises
9.2.1 Increasing Dependence of Large Enterprises on Weather Forecasting Services to Improve Business Decisions to Drive Market
9.3 Small & Medium-Sized Enterprises
9.3.1 Growing Need for Weather Forecasting in Small & Medium-Sized Enterprises to Ensure Risk Management to Drive Market

10 Weather Forecasting Services Market, by Purpose

10.1 Introduction
Figure 32 Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
Table 25 Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 26 Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
10.2 Safety
10.2.1 Growing Focus on Weather Safety to Eliminate Fatality Risks at Manufacturing Sites to Drive Market
10.3 Operational Efficiency
10.3.1 Rising Dependence on Weather Forecasting for Efficient Day-To-Day Planning and Informed Decision-Making to Drive Market
10.4 Others

11 Weather Data Services Market

11.1 Introduction
11.2 Drivers and Opportunities for Weather Data Services Market
11.3 Technology Analysis
11.3.1 Integration of Big Data Analytics in Weather Data
11.3.2 Incorporation of Weather Data into Internet of Things (IoT)
11.3.3 Cloud Computing in Weather Data
11.3.4 High-Performance Computing for Weather Data
11.4 Use Cases in Weather Data Services Market
11.4.1 Precision Agriculture Uses Climacell Weather Data
11.4.2 Uber Uses Climacell Weather Data for Weather-Related Insights
11.5 Weather Data Services Market, by Data Type
11.5.1 Real-Time Data
11.5.2 Forecast Data
11.5.3 Historical Data
11.6 Weather Data Service Providers
11.6.1 OpenWeatherMap
Table 27 Pricing Analysis of OpenWeatherMap
11.6.2 Accuweather, Inc.
11.6.3 Tomorrow.Io
11.6.4 Understory
11.6.5 Meteomatics
11.6.6 Weather Underground
11.6.7 Weatherstack
11.7 Analyst's View on Weather Data Services Market

12 Direct-To-Consumer Weather Forecasting Services Market

12.1 Introduction
12.1.1 Marine
12.1.1.1 Need to Plan Route and Prevent Accidents to Drive Demand
Table 28 Key Weather Forecasting Service Providers: Marine
12.1.2 Private Aircraft Owners
12.1.2.1 Need to Ensure Flight Crew Safety to Drive Demand
Table 29 Key Weather Forecasting Service Providers: Private Aircraft Owners
12.1.3 Farmers
12.1.3.1 Need to Mitigate Farming Risks to Drive Demand
Table 30 Key Weather Forecasting Service Providers: Farmers
12.1.4 General Consumers
Table 31 Weather Forecasting Service Providers: General Consumers
12.2 Medium Used to Provide Direct-To-Consumer Weather Forecasting Services
12.2.1 Media
12.2.2 Web-based
12.2.3 Application-based
12.3 Revenue Streams in Direct-To-Consumer Weather Forecasting Services Market
12.3.1 Subscription-based
Table 32 Monthly and Annual Subscription Model
12.3.2 Pay-Per-Use
12.3.3 Ad-based
12.4 Weather Forecasting Service Providers
Table 33 Weather Forecasting Service Providers
12.5 Key Developments
Table 34 Key Developments by Leading Players in Direct-To-Consumer Weather Forecasting Services Market, 2020-2023

13 Weather Forecasting Services Market, by Region

13.1 Introduction
13.2 Regional Recession Impact Analysis
Figure 33 North America Estimated to Account for Largest Market Share in 2023
Table 35 Weather Forecasting Services Market, by Region, 2020-2022 (USD Million)
Table 36 Weather Forecasting Services Market, by Region, 2023-2028 (USD Million)
13.3 North America
13.3.1 North America: PESTLE Analysis
Figure 34 North America: Weather Forecasting Services Market Snapshot
Table 37 North America: Weather Forecasting Services Market, by Country, 2020-2022 (USD Million)
Table 38 North America: Weather Forecasting Services Market, by Country, 2023-2028 (USD Million)
Table 39 North America: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 40 North America: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 41 North America: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 42 North America: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
Table 43 North America: Weather Forecasting Services Market, by Forecast Type, 2020-2022 (USD Million)
Table 44 North America: Weather Forecasting Services Market, by Forecast Type, 2023-2028 (USD Million)
Table 45 North America: Weather Forecasting Services Market, by Organization Size, 2020-2022 (USD Million)
Table 46 North America: Weather Forecasting Services Market, by Organization Size, 2023-2028 (USD Million)
13.3.2 US
13.3.2.1 Implementation of High-Performance Systems by US Weather Forecasting Service Companies to Drive Market
Table 47 US: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 48 US: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 49 US: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 50 US: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
13.3.3 Canada
13.3.3.1 Presence of Leading Players and Developments Undertaken by Them to Drive Market
Table 51 Canada: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 52 Canada: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 53 Canada: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 54 Canada: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
13.4 Europe
13.4.1 Europe: PESTLE Analysis
Figure 35 Europe: Weather Forecasting Services Market Snapshot
Table 55 Europe: Weather Forecasting Services Market, by Country, 2020-2022 (USD Million)
Table 56 Europe: Weather Forecasting Services Market, by Country, 2023-2028 (USD Million)
Table 57 Europe: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 58 Europe: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 59 Europe: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 60 Europe: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
Table 61 Europe: Weather Forecasting Services Market, by Forecast Type, 2020-2022 (USD Million)
Table 62 Europe: Weather Forecasting Services Market, by Forecast Type, 2023-2028 (USD Million)
Table 63 Europe: Weather Forecasting Services Market, by Organization Size, 2020-2022 (USD Million)
Table 64 Europe: Weather Forecasting Services Market, by Organization Size, 2023-2028 (USD Million)
13.4.2 UK
13.4.2.1 Development of Next-Generation Weather Forecasting Models to Drive Market
Table 65 UK: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 66 UK: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 67 UK: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 68 UK: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
13.4.3 Germany
13.4.3.1 Development of Forecasting Solutions to Enhance Power Generation from Renewable Sources to Drive Market
Table 69 Germany: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 70 Germany: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 71 Germany: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 72 Germany: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
13.4.4 France
13.4.4.1 Increasing Investments in Advanced Weather Forecasting Service Technologies to Drive Market
Table 73 France: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 74 France: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 75 France: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 76 France: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
13.4.5 Italy
13.4.5.1 Development of Advanced Weather Prediction Technologies to Drive Market
Table 77 Italy: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 78 Italy: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 79 Italy: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 80 Italy: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
13.4.6 Russia
13.4.6.1 Expanding Meteorology Techniques with Hydrometeorology to Drive Market
Table 81 Russia: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 82 Russia: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 83 Russia: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 84 Russia: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
13.4.7 Rest of Europe
Table 85 Rest of Europe: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 86 Rest of Europe: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 87 Rest of Europe: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 88 Rest of Europe: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
13.5 Asia-Pacific
13.5.1 Asia-Pacific: PESTLE Analysis
Figure 36 Asia-Pacific: Weather Forecasting Services Market Snapshot
Table 89 Asia-Pacific: Weather Forecasting Services Market, by Country, 2020-2022 (USD Million)
Table 90 Asia-Pacific: Weather Forecasting Services Market, by Country, 2023-2028 (USD Million)
Table 91 Asia-Pacific: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 92 Asia-Pacific: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 93 Asia-Pacific: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 94 Asia-Pacific: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
Table 95 Asia-Pacific: Weather Forecasting Services Market, by Forecast Type, 2020-2022 (USD Million)
Table 96 Asia-Pacific: Weather Forecasting Services Market, by Forecast Type, 2023-2028 (USD Million)
Table 97 Asia-Pacific: Weather Forecasting Services Market, by Organization Size, 2020-2022 (USD Million)
Table 98 Asia-Pacific: Weather Forecasting Services Market, by Organization Size, 2023-2028 (USD Million)
13.5.2 China
13.5.2.1 Advancements in Conventional Weather Forecasting Methods to Drive Market
Table 99 China: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 100 China: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 101 China: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 102 China: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
13.5.3 Japan
13.5.3.1 Rising Use of Advanced Weather Forecasting Services Across Industries to Drive Market
Table 103 Japan: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 104 Japan: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 105 Japan: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 106 Japan: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
13.5.4 India
13.5.4.1 Increased Applications of Weather Forecasting Services in the Agriculture Sector to Drive Market
Table 107 India: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 108 India: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 109 India: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 110 India: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
13.5.5 Australia
13.5.5.1 Growing Efforts to Improve Numerical Weather Prediction and Next-Generation Satellites to Drive Market
Table 111 Australia: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 112 Australia: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 113 Australia: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 114 Australia: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
13.5.6 South Korea
13.5.6.1 Increasing Number of Weather Observation Stations Reporting to Global Telecommunication Networks to Boost Market
Table 115 South Korea: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 116 South Korea: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 117 South Korea: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 118 South Korea: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
13.5.7 Rest of Asia-Pacific
Table 119 Rest of Asia-Pacific: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 120 Rest of Asia-Pacific: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 121 Rest of Asia-Pacific: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 122 Rest of Asia-Pacific: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
13.6 Middle East & Africa
13.6.1 Middle East & Africa: PESTLE Analysis
Figure 37 Middle East & Africa: Weather Forecasting Services Market Snapshot
Table 123 Middle East & Africa: Weather Forecasting Services Market, by Country, 2020-2022 (USD Million)
Table 124 Middle East & Africa: Weather Forecasting Services Market, by Country, 2023-2028 (USD Million)
Table 125 Middle East & Africa: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 126 Middle East & Africa: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 127 Middle East & Africa: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 128 Middle East & Africa: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
Table 129 Middle East & Africa: Weather Forecasting Services Market, by Forecast Type, 2020-2022 (USD Million)
Table 130 Middle East & Africa: Weather Forecasting Services Market, by Forecast Type, 2023-2028 (USD Million)
Table 131 Middle East & Africa: Weather Forecasting Services Market, by Organization Size, 2020-2022 (USD Million)
Table 132 Middle East & Africa: Weather Forecasting Services Market, by Organization Size, 2023-2028 (USD Million)
13.6.2 Saudi Arabia
13.6.2.1 Development of Advanced Weather Research and Forecasting (Wrf) Modeling System to Drive Market
Table 133 Saudi Arabia: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 134 Saudi Arabia: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 135 Saudi Arabia: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 136 Saudi Arabia: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
13.6.3 Israel
13.6.3.1 Incorporation of Latest Technologies in Weather Forecasting Models to Drive Market
Table 137 Israel: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 138 Israel: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 139 Israel: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 140 Israel: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
13.6.4 Turkey
13.6.4.1 Increasing Demand from Marine, Renewables, and Oil & Gas Companies to Drive Market
Table 141 Turkey: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 142 Turkey: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 143 Turkey: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 144 Turkey: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
13.6.5 South Africa
13.6.5.1 Increasing Use of Weather Forecasting Services Across Industries to Boost Market
Table 145 South Africa: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 146 South Africa: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 147 South Africa: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 148 South Africa: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
13.6.6 Rest of Middle East & Africa
Table 149 Rest of Middle East & Africa: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 150 Rest of Middle East & Africa: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 151 Rest of Middle East & Africa: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 152 Rest of Middle East & Africa: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
13.7 Latin America
13.7.1 Latin America: PESTLE Analysis
Figure 38 Latin America: Weather Forecasting Services Market Snapshot
Table 153 Latin America: Weather Forecasting Services Market, by Country, 2020-2022 (USD Million)
Table 154 Latin America: Weather Forecasting Services Market, by Country, 2023-2028 (USD Million)
Table 155 Latin America: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 156 Latin America: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 157 Latin America: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 158 Latin America: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
Table 159 Latin America: Weather Forecasting Services Market, by Forecast Type, 2020-2022 (USD Million)
Table 160 Latin America: Weather Forecasting Services Market, by Forecast Type, 2023-2028 (USD Million)
Table 161 Latin America: Weather Forecasting Services Market, by Organization Size, 2020-2022 (USD Million)
Table 162 Latin America: Weather Forecasting Services Market, by Organization Size, 2023-2028 (USD Million)
13.7.2 Brazil
13.7.2.1 Increasing Investments in Forecasting Infrastructure to Drive Market
Table 163 Brazil: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 164 Brazil: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 165 Brazil: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 166 Brazil: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)
13.7.3 Mexico
13.7.3.1 Growing Focus on Strengthening Forecasting Capabilities to Mitigate Effects of Natural Disasters to Drive Market
Table 167 Mexico: Weather Forecasting Services Market, by Industry, 2020-2022 (USD Million)
Table 168 Mexico: Weather Forecasting Services Market, by Industry, 2023-2028 (USD Million)
Table 169 Mexico: Weather Forecasting Services Market, by Purpose, 2020-2022 (USD Million)
Table 170 Mexico: Weather Forecasting Services Market, by Purpose, 2023-2028 (USD Million)

14 Competitive Landscape

14.1 Introduction
14.2 Strategies Adopted by Key Players
Table 171 Strategies Adopted by Key Players in Weather Forecasting Services Market, 2019-2023
14.3 Ranking Analysis of Key Players
Figure 39 Market Ranking of Key Players, 2022
14.4 Revenue Analysis of Top 5 Market Players, 2019-2022
Figure 40 Revenue Analysis of Top 5 Market Players, 2019-2022
14.5 Market Share Analysis of Key Players, 2022
Table 172 Weather Forecasting Services Market: Degree of Competition
14.6 Market Share of Key Players, 2022
Figure 41 Markets Share Analysis, 2022
14.7 Company Evaluation Matrix
14.7.1 Stars
14.7.2 Emerging Leaders
14.7.3 Pervasive Players
14.7.4 Participants
Figure 42 Company Evaluation Matrix, 2022
14.8 Company Benchmarking
Table 173 Company Benchmarking of Key Players and Other Players
Table 174 Weather Forecasting Services Market: Detailed List of Key Startup/SMEs
14.9 Start-Up/SME Evaluation Matrix
14.9.1 Progressive Companies
14.9.2 Responsive Companies
14.9.3 Starting Blocks
14.9.4 Dynamic Companies
Figure 43 Start-Up/SME Evaluation Matrix, 2022
14.10 Competitive Scenario
14.10.1 Market Evaluation Framework
14.10.2 Product Launches
Table 175 Product Launches, August 2019-June 2023
14.10.3 Deals
Table 176 Deals, April 2020-May 2023

15 Company Profiles

15.1 Introduction
Business Overview, Products/Solutions/Services Offered, Recent Developments & Analyst's View
15.2 Key Players
15.2.1 The Weather Company
Table 177 The Weather Company: Company Overview
Figure 44 IBM (Parent Company of the Weather Company): Company Snapshot
Table 178 The Weather Company: Products/Solutions/Services Offered
Table 179 The Weather Company: Product Launches
Table 180 The Weather Company: Deals
15.2.2 Accuweather, Inc.
Table 181 Accuweather, Inc.: Company Overview
Table 182 Accuweather, Inc.: Products/Solutions/Services Offered
Table 183 Accuweather, Inc.: Products Launches
Table 184 Accuweather, Inc.: Deals
15.2.3 Fugro
Table 185 Fugro: Company Overview
Figure 45 Fugro: Company Snapshot
Table 186 Fugro: Products/Solutions/Services Offered
Table 187 Fugro: Product Launches
Table 188 Fugro: Deals
15.2.4 Dtn
Table 189 Dtn: Company Overview
Table 190 Dtn: Products/Solutions/Services Offered
Table 191 Dtn: Product Launches
Table 192 Dtn: Deals
15.2.5 Enav S.P.A.
Table 193 Enav S.P.A.: Company Overview
Figure 46 Enav S.P.A.: Company Snapshot
Table 194 Enav S.P.A.: Products/Solutions/Services Offered
Table 195 Enav S.P.A.: Deals
15.2.6 Bmt Group Ltd.
Table 196 Bmt Group Ltd.: Company Overview
Table 197 Bmt Group Ltd.: Products/Solutions/Services Offered
Table 198 Bmt Group Ltd.: Deals
15.2.7 StormGeo
Table 199 Stormgeo: Company Overview
Table 200 Stormgeo: Products/Solutions/Services Offered
Table 201 Stormgeo: Product Launches
Table 202 Stormgeo: Deals
15.2.8 Precision Weather
Table 203 Precision Weather: Company Overview
Table 204 Precision Weather: Products/Solutions/Services Offered
15.2.9 The Tomorrow Companies Inc.
Table 205 The Tomorrow Companies Inc.: Company Overview
Table 206 The Tomorrow Companies Inc.: Products/Solutions/Services Offered
Table 207 The Tomorrow Companies Inc.: Product Launches
Table 208 The Tomorrow Companies Inc.: Deals
15.2.10 Global Weather Corporation
Table 209 Global Weather Corporation: Company Overview
Table 210 Global Weather Corporation: Products/Solutions/Services Offered
Table 211 Global Weather Corporation: Deals
15.2.11 Met Office
Table 212 Met Office: Company Overview
Table 213 Met Office: Products/Solutions/Services Offered
15.2.12 Skyview Systems
Table 214 Skyview Systems: Company Overview
Table 215 Skyview Systems: Products/Solutions/Services Offered
Table 216 Skyview Systems: Deals
15.2.13 Speedwell Weather Ltd.
Table 217 Speedwell Weather Ltd.: Company Overview
Table 218 Speedwell Weather Ltd.: Products/Solutions/Services Offered
15.2.14 Customweather
Table 219 Customweather: Company Overview
Table 220 Customweather: Products/Solutions/Services Offered
Table 221 Customweather: Product Launches
Table 222 Customweather.: Deals
15.2.15 Weather Routing Inc.
Table 223 Weather Routing Inc.: Company Overview
Table 224 Weather Routing Inc.: Products/Solutions/Services Offered
15.2.16 Earth Networks, Inc.
Table 225 Earth Networks, Inc.: Company Overview
Table 226 Earth Networks, Inc.: Products/Solutions/Services Offered
Table 227 Earth Networks, Inc.: Product Launches
Table 228 Earth Networks, Inc.: Deals
15.2.17 Jupiter Intelligence Inc.
Table 229 Jupiter Intelligence Inc.: Company Overview
Table 230 Jupiter Intelligence Inc.: Products/Solutions/Services Offered
Table 231 Jupiter Intelligence Inc.: Product Launches
Table 232 Jupiter Intelligence Inc.: Deals
15.2.18 Meteosim
Table 233 Meteosim: Company Overview
Table 234 Meteosim: Products/Solutions/Services Offered
Table 235 Meteosim: Product Launches
15.2.19 Saildrone
Table 236 Saildrone: Company Overview
Table 237 Saildrone: Products/Solutions/Services Offered
15.2.20 Ubimet GmbH
Table 238 Ubimet GmbH: Company Overview
Table 239 Ubimet GmbH: Products/Solutions/Services Offered
Details on Business Overview, Products/Solutions/Services Offered, Recent Developments & Analyst's View Might Not be Captured in Case of Unlisted Companies.
15.3 Other Players
15.3.1 Understory
15.3.2 Tempoquest
15.3.3 Weatherbell Analytics, LLC
15.3.4 Skymet Weather Services Pvt. Ltd.
15.3.5 Meteo-Logic

16 Appendix

16.1 Discussion Guide
16.2 Knowledgestore: The Subscription Portal
16.3 Customization Options

Companies Mentioned

Accuweather, Inc.
Bmt Group Ltd.
Customweather
Dtn
Earth Networks, Inc.
Enav S.P.A.
Fugro
Global Weather Corporation
Jupiter Intelligence Inc.
Met Office
Meteo-Logic
Meteosim
Precision Weather
Saildrone
Skymet Weather Services Pvt. Ltd.
Skyview Systems
Speedwell Weather Ltd.
StormGeo
Tempoquest
The Tomorrow Companies Inc.
The Weather Company
Ubimet GmbH
Understory
Weather Routing Inc.
Weatherbell Analytics, LLC

Methodology

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Table Information

Report Attribute	Details
No. of Pages	290
Published	September 2023
Forecast Period	2023 - 2028
Estimated Market Value ( USD ) in 2023	$ 1.9 Billion
Forecasted Market Value ( USD ) by 2028	$ 2.8 Billion
Compound Annual Growth Rate	8.2%
Regions Covered	Global
No. of Companies Mentioned	25

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Insurance is projected to hold the highest share of the market by Industry during the forecast period.

The Nowcast segment is projected to grow at the highest rate by Forecasting Type.

Asia Pacific is expected to account for the largest market share in 2023.

The break-up of the profile of primary participants in the WEATHER FORECASTING SERVICES market:

Research Coverage:

Reasons to buy this report:

The report provides insights on the following pointers:

Table of Contents

Companies Mentioned

Methodology

Table Information

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