The global market for Weather Forecasting Services was valued at US$2.6 Billion in 2024 and is projected to reach US$4.3 Billion by 2030, growing at a CAGR of 8.8% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The weather forecasting services market is experiencing significant growth driven by several key factors. One of the primary drivers is the increasing demand for accurate weather predictions in various industries. For instance, in agriculture, precise weather forecasts are essential for planning planting and harvesting activities, managing water resources, and protecting crops from adverse weather conditions. Similarly, in aviation and shipping, accurate forecasts are critical for ensuring safety and optimizing route planning. Additionally, the growing impact of climate change and extreme weather events has heightened the need for reliable weather forecasting to support disaster preparedness and response efforts. Governments and organizations worldwide are investing heavily in meteorological infrastructure and technologies to enhance forecasting capabilities and mitigate the risks associated with severe weather conditions.
Trends such as the integration of AI and ML, the use of high-resolution satellite imagery, and the shift towards personalized weather services are enhancing the accuracy and relevance of weather forecasts. As these technologies continue to evolve, weather forecasting services will play an increasingly vital role in safeguarding lives, optimizing operations, and addressing the challenges posed by climate change and extreme weather events. The integration of next-generation forecast workstations and AI models is transforming weather forecasting, offering unprecedented accuracy and efficiency by analyzing vast amounts of meteorological data and identifying patterns that traditional models might miss. Advancements such as high-resolution satellite imagery and remote sensing technologies provide more detailed and real-time data, improving the precision of short-term and long-term weather forecasts. Additionally, there is a growing emphasis on personalized weather forecasting services. With the proliferation of mobile applications and IoT devices, consumers and businesses can receive tailored weather updates specific to their location and needs. This trend is driving the development of more user-centric forecasting platforms that offer hyper-local and real-time weather information. Some of the new tools allow for the creation of detailed 3D forecasts and short, engaging weather updates tailored to specific events and locations. These tools have gained traction for their ability to deliver personalized content that resonates with viewers, particularly during severe weather events.
Global Weather Forecasting Services Market - Key Drivers and Trends Summarized
Weather forecasting services involve the prediction of atmospheric conditions at a specific location and time, using various scientific methods and technologies. These services are crucial for a wide range of applications, including agriculture, aviation, shipping, disaster management, and daily weather reports for the general public. The accuracy and reliability of weather forecasts have significantly improved over the years due to advancements in meteorological science, satellite technology, and computational power.The weather forecasting services market is experiencing significant growth driven by several key factors. One of the primary drivers is the increasing demand for accurate weather predictions in various industries. For instance, in agriculture, precise weather forecasts are essential for planning planting and harvesting activities, managing water resources, and protecting crops from adverse weather conditions. Similarly, in aviation and shipping, accurate forecasts are critical for ensuring safety and optimizing route planning. Additionally, the growing impact of climate change and extreme weather events has heightened the need for reliable weather forecasting to support disaster preparedness and response efforts. Governments and organizations worldwide are investing heavily in meteorological infrastructure and technologies to enhance forecasting capabilities and mitigate the risks associated with severe weather conditions.
Trends such as the integration of AI and ML, the use of high-resolution satellite imagery, and the shift towards personalized weather services are enhancing the accuracy and relevance of weather forecasts. As these technologies continue to evolve, weather forecasting services will play an increasingly vital role in safeguarding lives, optimizing operations, and addressing the challenges posed by climate change and extreme weather events. The integration of next-generation forecast workstations and AI models is transforming weather forecasting, offering unprecedented accuracy and efficiency by analyzing vast amounts of meteorological data and identifying patterns that traditional models might miss. Advancements such as high-resolution satellite imagery and remote sensing technologies provide more detailed and real-time data, improving the precision of short-term and long-term weather forecasts. Additionally, there is a growing emphasis on personalized weather forecasting services. With the proliferation of mobile applications and IoT devices, consumers and businesses can receive tailored weather updates specific to their location and needs. This trend is driving the development of more user-centric forecasting platforms that offer hyper-local and real-time weather information. Some of the new tools allow for the creation of detailed 3D forecasts and short, engaging weather updates tailored to specific events and locations. These tools have gained traction for their ability to deliver personalized content that resonates with viewers, particularly during severe weather events.
Report Scope
The report analyzes the Weather Forecasting Services market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments
Type (Short-Range, Nowcast, Medium-Range, Extended-Range, Long-Range); End-Use (Insurance, Energy & Utilities, Media, Agriculture & Forestry, Aviation, Marine, Transport & Logistics, Oil & Gas, Other End-Uses).Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Short-Range Weather Forecasting Services segment, which is expected to reach US$1.6 Billion by 2030 with a CAGR of a 9.5%. The Nowcast Weather Forecasting Services segment is also set to grow at 9.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $662.2 Million in 2024, and China, forecasted to grow at an impressive 13.2% CAGR to reach $1.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Accuweather, Inc., Aerisweather, Bmt Group Ltd., Climacell, Customweather, Inc. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Weather Forecasting Services Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Weather Forecasting Services Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Weather Forecasting Services Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 33 major companies featured in this Weather Forecasting Services market report include:
- Accuweather, Inc.
- Aerisweather
- Bmt Group Ltd.
- Climacell
- Customweather, Inc.
- Dtn
- Earth Networks, Inc.
- Enav S.P.A.
- Fugro
- Global Weather Corporation
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accuweather, Inc.
- Aerisweather
- Bmt Group Ltd.
- Climacell
- Customweather, Inc.
- Dtn
- Earth Networks, Inc.
- Enav S.P.A.
- Fugro
- Global Weather Corporation
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 89 |
| Published | March 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 2.6 Billion |
| Forecasted Market Value ( USD | $ 4.3 Billion |
| Compound Annual Growth Rate | 8.8% |
| Regions Covered | Global |
