The global weather forecasting services market size was valued at USD 2.34 Billion in 2024. Looking forward, the analyst estimates the market to reach USD 4.67 Billion by 2033, exhibiting a CAGR of 7.55% from 2025-2033. North America currently dominates the market, holding a market share of over 28.9% in 2024. The growth of the North American region is driven by advanced technology adoption, increasing climate variability, strong government investments, and rising demand for accurate weather data across key industries.
Weather forecasting is the prediction of weather with the application of innovative technologies and sciences for a specific location. It also predicts various changes on the surface of the earth caused by atmospheric conditions, such as snow and ice cover, storm tides, and floods. It assists farmers in controlling the pests and other crop diseases to spread over the field by determining the accurate period for using specific pesticides.
In addition, it helps reduce weather-related losses and enhances societal benefits, such as the protection of life and property and public health and safety. As a result, weather forecasting services are used in transportation, aviation, energy and utilities, banking, financial services and insurance (BFSI), agriculture, manufacturing, and retail sectors around the world.
Moreover, the growing employment of weather forecasting services in the aviation industry for navigation in extreme weather conditions is positively influencing the market. In addition, weather forecasting services enable safe and efficient network communications for land and sea rescue, administration, and support operations, which is propelling the growth of the market. Apart from this, key market players are extensively investing in research and development (R&D) activities to introduce supercomputers for ensuring accurate weather forecasts, which is expected to bolster the market growth.
Weather forecasting is the prediction of weather with the application of innovative technologies and sciences for a specific location. It also predicts various changes on the surface of the earth caused by atmospheric conditions, such as snow and ice cover, storm tides, and floods. It assists farmers in controlling the pests and other crop diseases to spread over the field by determining the accurate period for using specific pesticides.
In addition, it helps reduce weather-related losses and enhances societal benefits, such as the protection of life and property and public health and safety. As a result, weather forecasting services are used in transportation, aviation, energy and utilities, banking, financial services and insurance (BFSI), agriculture, manufacturing, and retail sectors around the world.
Weather Forecasting Services Market Trends:
The growing demand for weather forecasting services due to uncertain climate conditions and energy transitions represents one of the key factors driving the market. Besides this, there is a rise in the utilization of weather forecasting services by farmers to determine precipitation forecasts, wind alerts, and actionable insights for managing their operations, improving yields, and maximizing profits. This, along with the increasing employment of weather forecasting services in the agriculture industry to improve the irrigation method for boosting agricultural production and farming, is contributing to the growth of the market.Moreover, the growing employment of weather forecasting services in the aviation industry for navigation in extreme weather conditions is positively influencing the market. In addition, weather forecasting services enable safe and efficient network communications for land and sea rescue, administration, and support operations, which is propelling the growth of the market. Apart from this, key market players are extensively investing in research and development (R&D) activities to introduce supercomputers for ensuring accurate weather forecasts, which is expected to bolster the market growth.
Key Market Segmentation:
This report provides an analysis of the key trends in each segment of the global weather forecasting services market, along with forecast at the global, regional, and country levels from 2025-2033. The market has been categorized based on forecasting type, purpose, organization size, and end user.Breakup by Forecasting Type:
- Short-range Forecasting
- Medium-range Forecasting
- Long-range Forecasting
Breakup by Purpose:
- Operational Efficiency
- Safety
- Others
Breakup by Organization Size:
- Large Enterprises
- Small and Medium-Sized Enterprises
Breakup by End User:
- Transportation
- Aviation
- Energy and Utilities
- Banking, Financial Services and Insurance (BFSI)
- Agriculture
- Media
- Manufacturing
- Retail
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AccuWeather Inc., AerisWeather, BMT Group, Custom Weather, DTN, ENAV S.p.A., Fugro, International Business Machines Corporation, Met Office, Precision Weather Services, Skymet Weather Services Pvt. Ltd. and StormGeo AS.Key Questions Answered in This Report:
- What are weather forecasting services?
- How big is the weather forecasting services market?
- What is the expected growth rate of the global weather forecasting services market during 2025-2033?
- What are the key factors driving the global weather forecasting services market?
- What is the leading segment of the global weather forecasting services market based on forecasting type?
- What is the leading segment of the global weather forecasting services market based on organization size?
- What are the key regions in the global weather forecasting services market?
- Who are the key players/companies in the global weather forecasting services market?
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Weather Forecasting Services Market
6 Market Breakup by Forecasting Type
7 Market Breakup by Purpose
8 Market Breakup by Organization Size
9 Market Breakup by End User
10 Market Breakup by Region
11 SWOT Analysis
13 Porters Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- AccuWeather Inc.
- AerisWeather
- BMT Group
- Custom Weather
- DTN
- ENAV S.p.A.
- Fugro
- International Business Machines Corporation
- Met Office
- Precision Weather Services
- Skymet Weather Services Pvt. Ltd.
- StormGeo AS
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 139 |
Published | April 2025 |
Forecast Period | 2024 - 2033 |
Estimated Market Value ( USD | $ 2.34 Billion |
Forecasted Market Value ( USD | $ 4.67 Billion |
Compound Annual Growth Rate | 8.0% |
Regions Covered | Global |
No. of Companies Mentioned | 12 |