Press release
Indomitable Growth Ahead: Global Weather Forecasting Services Market Projected to Reach $3.56 Billion at CAGR of 9.3% by 2029
Weather Forecasting Services Market Size
What Is The Projected Market Size Of The Global Weather Forecasting Services Global Market Report 2025 And Its Growth Rate?
• The global weather forecasting services market size was $2.26 billion in 2024, which is expected to grow at a CAGR of 9.9% to reach $2.49 billion in 2025.
• The market is anticipated to witness robust growth in the coming years, reaching $3.56 billion by 2029 at a CAGR of 9.3%.
• The growth in the forecast period can be attributed to factors such as climate modeling, increased demand for renewable energy, integration with IoT, enhanced emergency management systems, and public and private collaborations.
What Is Driving The Growth In The Weather Forecasting Services Global Market Report 2025?
The growth of the weather forecasting services market is massively driven by the increased application of weather monitoring for disaster management. The services utilise environmental monitoring equipment to collect and analyse weather data, supporting informed decision-making with accuracy and reliability. For instance, Access Partnership, a Belgium-based technology public policy consultancy, revealed in March 2022 that the global annual number of natural disasters is likely to surge by 37% (from 442 to 541 incidents) by 2025, leading to the robust growth of the weather forecasting market.
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Who Are the Key Players Driving Weather Forecasting Services Global Market Report 2025 Growth?
• AccuWeather Inc.
• Fugro NV
• Met Office
• The Weather Company (IBM)
• StormGeo AS
• Precision Weather Service
• DTN LLC
• Earth Networks Inc.
• Spire Global Inc.
• The Tomorrow Companies Inc.
• ENAV S.p.A.
• BMT Group
• Skymet Weather Services Pvt. Ltd.
• Skyview Systems Ltd.
• Jupiter Intelligence Inc.
• Weather Intelligence Pty. Ltd.
• WeatherBELL Analytics LLC
• AerisWeather Inc.
• Custom Weather Inc.
• Vaisala Oyj
• Ubimet GmbH
• Clear Science Inc.
• Weather Source LLC
• PESSL INSTRUMENTS GMBH
• Weather Underground Inc.
• Climacell Inc.
• Windfinder GmbH
• Meteoblue AG
• Weatherbit Inc.
• Foreca Ltd.
• European Centre for Medium-Range Weather Forecasts
• National Centers for Environmental Prediction
What Are The Key Trends In The Weather Forecasting Services Global Market Report 2025?
• Technological Integration in Aviation
• Advancements in Meteorological Technology
• Advancements in Numerical Weather Prediction
• Rise of Hyper-Local Weather Forecasting
• Expansion of Extreme Weather Prediction
What Are The Segments Of The Global Weather Forecasting Services Global Market Report 2025?
• By Type: Onshore Weather Forecasting Services, Offshore Weather Forecasting Services
• By Forecast Type: Nowcast, Short-Range, Medium Range, Extended Range, Long Range
• By Purpose: Operational Efficiency, Safety
• By Organization Size: Large Enterprises, Small and Medium Enterprises
• By Industry: Transportation, Aviation, Energy and Utilities, Banking Financial Services and Insurance (BFSI), Agriculture, Media, Manufacturing, Retail, Other Industries
Which Region Leads The Weather Forecasting Services Global Market Report 2025?
The North American region dominated the global weather forecasting services market in 2024, largely because of the significant advancements in technology and infrastructure. Other regions covered in the weather forecasting services market report are Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, Africa.
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What Is Covered In The Weather Forecasting Services Global Market Report 2025 Global Market Report?
This comprehensive report covers a wide range of aspects of the weather forecasting services global market including market size analysis, market segmentation analysis, key player focus, growth trends analysis, market contribution, growth drivers, industry challenges, competitive developments, and more.
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