Weather Forecasting Services Market Size to Hit USD 4.67 Billion by 2033 | With a 7.55% CAGR

Market Overview:

The Weather Forecasting Services Market is experiencing rapid growth, driven by Adoption of AI and Machine Learning, Growth in Geospatial and Remote Sensing Technologies, and Rising Demand from Key Industries. According to IMARC Group's latest research publication, "Weather Forecasting Services Market Size, Share, Trends and Forecast by Forecasting Type, Purpose, Organization Size, End User, and Region, 2025-2033", The global weather forecasting services market size was valued at USD 2.34 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 4.67 Billion by 2033, exhibiting a CAGR of 7.55% from 2025-2033.

This detailed analysis primarily encompasses industry size, business trends, market share, key growth factors, and regional forecasts. The report offers a comprehensive overview and integrates research findings, market assessments, and data from different sources. It also includes pivotal market dynamics like drivers and challenges, while also highlighting growth opportunities, financial insights, technological improvements, emerging trends, and innovations. Besides this, the report provides regional market evaluation, along with a competitive landscape analysis.

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Our report includes:

● Market Dynamics
● Market Trends And Market Outlook
● Competitive Analysis
● Industry Segmentation
● Strategic Recommendations

Factors Affecting the Growth of the Weather Forecasting Services Industry:

● Extreme Weather Surge:

The Weather Forecasting Services continues to grow rapidly due to increased extreme weather events from climate change, such as hurricanes, flooding and wildfires, which create a higher demand for accurate forecasts. The National Oceanic and Atmospheric Administration (NOAA) is key in this situation. Its forecasts help governments and emergency services prepare for disasters. This preparation minimizes the impacts of such events. As societies become more aware of climate-related risks, demand for timely predictions of disaster potential will increase. This trend has the potential to contribute to the growth of the Weather Forecasting Services Market, as many organizations increasingly prioritize advanced forecasting with the goal of saving lives and economies during unpredictable weather events and have planned for proactive response strategies in advance.

● AI-Driven Forecasting:

Technological advancements, specifically in AI and machine learning, are disrupting the Weather Forecasting Services Market. In short, better computing models, such as those deployed by the UK Met Office, offer improved accuracy; this ultimately yields better predictive outputs for industries like agriculture and aviation. Big data analytics, combined with satellite, radar, and receiving systems, provide new opportunities for real-time weather monitoring (IBM's GRAF model) allowing for greater, immediate movements because of the increase demand from local and more efficient weather forecasting models. The use of AI allows for better predicting, which is fueling growth in the Weather Forecasting Services providing industries with more much needed reliable solutions on how to manage complex weather events and systems.

● Sector Specific Demand:

The Weather Forecasting Services is growing because of increasing demand from the agriculture, energy, and transportation industries. Farmers depend on accurate weather forecasts, like those produced by AccuWeather, to get the best planting and harvesting times. Renewable energy companies are utilizing weather data to maximize output based on forecasts. The aviation and shipping industries use services like MeteoGroup to have more accurate predictions and improve safety.

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Leading Companies Operating in the Global Weather Forecasting Services Industry:

● 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

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:

● 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.

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Research Methodology:

The report employs a comprehensive research methodology, combining primary and secondary data sources to validate findings. It includes market assessments, surveys, expert opinions, and data triangulation techniques to ensure accuracy and reliability.

Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.

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IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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