Weather Forecasting Services Market Is Likely to Experience a Tremendous Growth by 2031
The global weather forecasting services market is anticipated to grow at a significant CAGR of 9.1% during the forecast period. The market growth is attributed to factors such as the growth of the agriculture industry in terms of technology and yield, the growth of aviation, logistics transportation, and media industries, increasing demand for weather forecasting services from the government, and growing public awareness about weather forecasting, technological advancements in weather forecasting instance,In July 2023, AccuWeather announced its new AccuWeather Command Center Display System at the 2023 Esri User Conference. The Commander is a large interactive display designed to integrate with Esri's geographic information system (GIS) software which allows to enhance user experience. Apart from this, it has many features such as unlimited screens, advanced telestration, detailed iconography, and a spotlight feature.
In March 2023, StromGeo, a weather intelligence provider increased its stake in Climatempo, a meteorological service provider in Brazil, from 51% to 89.66%. Through this deal, the company aims to provide its services to companies across South America.
In July 2023, the National Oceanic and Atmospheric Administration (NOAA) 's division Space Weather Prediction Center (SWPC) upgraded one of its advanced physics-based space weather models leading to increased lead time for predicting the impact of geomagnetic storms on communications and navigation systems. The August 2 upgrade will also deliver new products for satellite operators - to help with decision-making, maneuver planning, orbit prediction, and collision avoidance - and for the aviation and communication sectors.
In July 2023, leading weather forecasting and risk management company, Skymet Weather Services announced its Artificial Intelligence (AI) backed system 'Skymet AI'. It is an AI-based powered system designed to provide real-time weather insights and forecasts as per customer needs, The key feature of the tool is a Natural Processing Language (NLP) based system that allows interactive conversation with the user.
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Market Coverage
The market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-
By forecasting type
By ownership
By End-User
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- AccuWeather, Inc., International Business Machines Corporation (IBM), DTN, Earth Networks, Inc., WeatherBELL Analytics, LLC, and others.
Weather Forecast Services Market Report Segment
By Forecasting Type
Nowcast forecasting services.
Short-term forecasting services
Medium-term forecasting services
Long-term forecasting services
By Ownership
Government-owned weather forecasting services
Private-owned weather forecasting services
By End-Users
Media
Aviation
Research
Agriculture
Events
Retail
Others (Construction, Energy, and utilities)
A full Report of Weather Forecasting Services Market is Available @ https://www.omrglobal.com/industry-reports/weather-forecasting-services-market
Company Profiles
AccuWeather, Inc.
British Broadcasting Corporation (BBC Weather)
Bureau of Meteorology (Australia)
China Meteorological Administration (CMA)
DTN
Advanced Environmental Monitoring LLC
European Centre for Medium-Range Weather Forecasts (ECMWF)
Foreca Ltd.
India Meteorological Department (IMD)
International Business Machines Corporation (IBM)
Japan Meteorological Agency (JMA)
Met Éireann (Ireland)
Météo-France
National Oceanic and Atmospheric Administration (NOAA)
Pelmorex Corp.
StormGeo AS
The Met Office (UK)
WeatherBELL Analytics, LLC
Weathernews Inc.
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Over 100+ paid data sources mined for investigation.
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Media Contact:
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Contact Person: Mr. Anurag Tiwari
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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