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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Global Weather Forecasting Services Market Outlook

The global market size for weather forecasting services reached a value of more than USD 2.25 billion in 2024. The global weather forecasting services market is expected to grow at a CAGR of 9.80% between 2025 and 2034, reaching a value of USD billion 5.23 by 2034.

weather forecasting services market

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Key Trends in the Market

Weather forecasting services are the services that predict the weather conditions for the future, using various tools and methods. They provide weather-related information to the concerned organisations or people before the weather occurs, which in turn helps to prepare for any weather-related disaster. The first step for predicting weather is collecting accurate data with the help of space satellites or other instruments like barometers.

  • The aviation industry has been developing customer-focused meteorological products and designing aircrafts for accurate recording of the weather conditions especially for the first 36 hours. These innovations are expected to improve the accuracy of weather forecasting services, supporting the market growth.
  • The United States National Oceanic and Atmospheric Administration along with its partners are progressing with the growth of numerical weather forecasts. They have shared another application with scientific community based on Unified Forecasting System, in a key trend for the market.
  • Artificial Intelligence has been used from a long time for forecasting weather conditions but now with the help of high-performance computers, AI is being developed to establish more accurate data. 

Market Analysis

Based on forecasting type, the global weather forecasting services market can be segmented into long range forecasting, medium range forecasting, and short range forecasting. On the basis of organisation size, it can be bifurcated into large enterprises and small and medium enterprises. By end use industry, the market is divided into agriculture, energy and utilities, transportation and logistics, defence and military, aviation, marine, construction and mining, media, and others. The regional markets can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global weather forecasting services market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

  • AccuWeather Inc.
  • IBM Corporation
  • Fugro Group
  • StormGeo AS
  • ENAV S.p.A.
  • DTN LLC
  • Infoplaza Marine Weather
  • Met Office
  • Weather Routing Inc.
  • Precision Weather Service
  • Others

weather forecasting services market by segments

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Market Share by Forecasting Type

The predictions made for weather conditions differ by the time period for which the forecast is relevant. Short range forecasting usually mean that the predictions are made for a day-to-day basis, with relevancy for 24-48 hours, and useful for scheduling of daily activities, particularly for general users. Medium range forecasting is given for approximately three to seven days. Long range forecasting indicates the weather forecast for the upcoming 1-2 months, and is useful for farmers, and other industries dependent on weather.

Market Share by Region

North America has the largest share in the global weather forecasting services market because of the companies in this region such as AccuWeather and DTN, which provide accurate and thorough weather forecasting services. Research and innovations are focussed on implementing machine learning in weather forecasting services to identify severe impacting weather conditions such as hurricanes, tornadoes, and others. The importance of accurate and long-range weather forecasting services are boosting the market growth.

Competitive Landscape

AccuWeather Inc. founded in 1962 has its headquarter in Pennsylvania in the United States. It is known in the industry for giving accurate weather forecasts of both local and international locations, along with graphics and other information.

IBM Corporation was established in 1911 and has its headquarters in New York in the United States. IBM is the abbreviated form of International Business Machines, and the company manufactures and supplies computer software, hardware, and data analytics.

Fugro Group founded in 1962 has its headquarter in Netherlands. It specialises in geo-data and collects and analyses information collected on earth and its structures for a sustainable environment.

Other market players include StormGeo AS, ENAV S.p.A., DTN LLC, Infoplaza Marine Weather, Met Office, Weather Routing Inc., and Precision Weather Service, among others.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Forecasting Type
  • Organisation Size
  • End Use Industry
  • Region
Breakup by Forecasting Type
  • Long Range Forecasting
  • Medium Range Forecasting
  • Short Range Forecasting
Breakup by Organisation Size
  • Large Enterprises
  • Small and Medium Enterprises
Breakup by End Use Industry
  • Agriculture
  • Energy and Utilities
  • Transportation and Logistics
  • Defence and Military
  • Aviation
  • Marine
  • Construction and Mining
  • Media
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Accuweather, Inc.
  • IBM Corporation
  • Fugro Group
  • StormGeo AS
  • ENAV S.p.A.
  • DTN LLC
  • Infoplaza Marine Weather
  • Met Office
  • Weather Routing Inc.
  • Precision Weather Service
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market size reached a value of more than USD 2.25 billion in 2024.

The market is expected to grow at a CAGR of 9.80% between 2025 and 2034.

The market is projected to reach a value of USD billion 5.23 by 2034.

The major market drivers are need or weather predictions for farming activities, uncertainty of rainfall, and the need to improve the safety of aviation.

The key trends of the global weather forecasting services market are progress in numerical weather forecasts, use of artificial intelligence, and developments by the aviation industry.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, the Middle East, and Africa.

The key market players are AccuWeather Inc., IBM Corporation, Fugro Group, StormGeo AS, ENAV S.p.A., DTN LLC, Infoplaza Marine Weather, Met Office, Weather Routing Inc., and Precision Weather Service, among others.

The market is segmented based on forecasting type, organisation size, end use industry, and region.

Based on forecasting type, the market can be segmented into long range forecasting, medium range forecasting, and short range forecasting.

Weather forecasting services predict upcoming weather conditions using various tools or methods, helping concerned organisations or people in preparing adequately for upcoming weather conditions.

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