Weather Forecasting Services Market Size Worth USD 4.67 Billion by 2033 | IMARC Group

Market Overview:

The Weather Forecasting Services Market is experiencing rapid growth, driven by Severe Weather Increase, Forecasting Driven by AI and Sector Specific Demand. 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:

● Severe Weather Increase:

The weather forecasting services is expected to continue to expand rapidly, mainly because extreme weather events, such as hurricanes, flooding, and wildfires, will continually increase the demand for advance forecasts attributed as a result of climate change. In this case, the National Oceanic and Atmospheric Administration (NOAA) plays a major part. Their weather forecasts, therefore, are important in helping governments and emergency services prepare for disasters; the better the preparations, the easier it is to minimize the negative impacts of such events. As climate-related risks become better understood, associated demand for timely predictions of disaster potential will undoubtedly increase. This trend can potentially and significantly contribute to the continued growth of the Weather Forecasting Services, as there are an increasing number of organizations keenly interested in advanced and timely forecasts with the objective of saving lives and economies during unpredictable weather events, thus invariably planning their response ahead of time.

● Forecasting Driven by AI:

The Weather Forecasting Services Market is changing due to tech advancements in AI and machine learning. Newer computing models, such as those from the UK Met Office and in use in Australia, improve forecast accuracy and reliability. This helps industries like agriculture and aviation trust their forecasts more. The interactions of big data analytics, with meteordrometric data from satellite, radar, and receiving systems create novel opportunities to monitor real-time weather conditions and events. IBM's GRAF, or Global High-Resolution Atmospheric Forecasting model, is their version of logical reasoning to respond quickly to the ever-growing demand for well-timed efficient weather forecasts. It is AI, more specifically machine learning and data analytics that improves forecasts and forecasts sail West. AI provides industries with certainty on reliable solutions for combatting complex weather events and systems.

● Sector Specific Demand:

The Weather Forecasting Services Market is expanding due to growing demand from agriculture, energy, and the transportation industries. Farmers look to accurate weather forecasts like AccuWeather's to allow them to decide on the best times to plant and harvest. Renewable energy companies are using weather data to maximize output based on forecasts. The aviation industry, along with the shipping sector, are using forecasting services like MeteoGroup to provide accuracy in forecasts, and thereby assist with 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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