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robbyrobinson
robbyrobinson
19 Feb 2025 10:45

Global Weather Forecasting Services Industry: Key Statistics and Insights in 2025-2033

Summary:

  • The global weather forecasting services market size reached USD 2.34 Billion in 2024.
  • The market is expected to reach USD 4.67 Billion by 2033, exhibiting a growth rate (CAGR) of 7.55% during 2025-2033.
  • North America leads the market, accounting for the largest weather forecasting services market share.
  • The growing use of mobile apps and digital platforms for weather forecasting is changing the way people get timely updates, offering personalized warnings, interactive maps, and user-friendly interfaces that meet the different needs of individuals, businesses, and emergency responders.
  • Advances in sensor technology, IoT devices, and data analytics are fueling the growth of hyper-local weather forecasting services that offer precise forecasts tailored to individual neighborhoods and communities.
  • These systems give consumers and organizations real-time weather data, enabling them to make informed, location-specific decisions that boost preparedness and efficiency.
  • Today's data-driven world is showing how important it is to have accurate and easily accessible data, especially with changing weather patterns.

Global Weather Forecasting Services Market Size

Industry Trends and Drivers:

  • Expanding Applications Beyond Traditional Sectors:

The weather forecasting business is growing quickly. New industries are driving this demand. Agriculture and aviation have relied on accurate forecasts for years. Now, weather data is also used in retail, construction, and event planning. For instance, retailers use forecasting to manage their inventory and plan marketing strategies. They predict how the weather will affect what consumers do. In construction, getting the forecast right is crucial for planning, managing risks, and staying safe. Event planners use weather data to schedule outdoor events and minimize disruptions.

  • The Rise of Weather Data in Mobile Apps and Smart Devices:

Weather forecasting services are now easy to find on mobile apps and smart devices. This change has changed how people and businesses get weather updates. They receive real-time, local information. This helps them make better choices about daily activities, travel, and outdoor events. Businesses can track the weather in certain areas. This improves operations and lowers risks. As a result, the weather forecasting industry is growing. More people and businesses want simple, useful weather data.

  • The Growing Role of Data Analytics and AI in Weather Forecasting:

The accuracy and precision of weather forecasts is changing. This is due to the rise of vast weather data and advances in AI and data analytics. AI-powered forecasting models can create better forecasts. They analyze real-time sensor data, satellite images, and past weather patterns. This helps businesses forecast better. They can make smarter decisions, lower risks, and work more efficiently. As AI improves, the need for better weather forecasting will grow, driving market growth.

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Weather Forecasting Services Market Report Segmentation:

By Forecasting Type:

  • Short-range Forecasting
  • Medium-range Forecasting
  • Long-range Forecasting

Medium-range forecasting represents the largest segment, as it plays a crucial part in disaster preparedness and mitigation.

By Organization Size:

Weather Forecasting Services Market

  • Large Enterprises
  • Small and Medium-Sized Enterprises

Large enterprises hold the biggest market share because of their ability to allocate resources and invest in cutting-edge weather forecasting technologies and services for informed decision-making.

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

North America dominates the market owing to the increasing usage of weather forecasting services in the agriculture industry to improve the irrigation process for boosting agricultural production.

Top Weather Forecasting Services Market Leaders:

The weather forecasting services market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

Weather Forecasting Services Market

  • 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

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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