The weather forecasting services market is segmented by type into onshore weather forecasting services and offshore weather forecasting services. The onshore weather forecasting services market was the largest segment of the weather forecasting services market segmented by type, accounting for 71.73% or $1.62 billion of the total in 2024. Going forward, the offshore weather forecasting services segment is expected to be the fastest growing segment in the weather forecasting services market segmented by type, at a CAGR of 8.28% during 2024-2029.
The weather forecasting services market is segmented by forecast type into nowcast, short-range, medium range, extended range and long range. The short-range market was the largest segment of the weather forecasting services market segmented by forecast type, accounting for 31.55% or $713.9 million of the total in 2024. Going forward, the short-range segment is expected to be the fastest growing segment in the weather forecasting services market segmented by forecast type, at a CAGR of 10.18% during 2024-2029.
The weather forecasting services market is segmented by purpose into operational efficiency and safety. The safety market was the largest segment of the weather forecasting services market segmented by purpose, accounting for 67.80% or $1.53 billion of the total in 2024. Going forward, the safety segment is expected to be the fastest growing segment in the weather forecasting services market segmented by purpose, at a CAGR of 8.39% during 2024-2029.
The weather forecasting services market is segmented by organization size into large enterprises and small and medium enterprises. The large enterprises market was the largest segment of the weather forecasting services market segmented by organization size, accounting for 69.32% or $1.56 billion of the total in 2024. Going forward, the large enterprises segment is expected to be the fastest growing segment in the weather forecasting services market segmented by organization size, at a CAGR of 7.81% during 2024-2029.
The weather forecasting services market is segmented by industry into transportation, aviation, energy and utilities, banking financial services and insurance (BFSI), agriculture, media, manufacturing, retail and other industries. The energy and utilities market was the largest segment of the weather forecasting services market segmented by industry, accounting for 21.23% or $480.38 million of the total in 2024. Going forward, the aviation segment is expected to be the fastest growing segment in the weather forecasting services market segmented by industry, at a CAGR of 9.36% during 2024-2029.
North America was the largest region in the weather forecasting services market, accounting for 37.34% or $844.94 million of the total in 2024. It was followed by Asia Pacific, Western Europe and then the other regions. Going forward, the fastest-growing regions in the weather forecasting services market will be Asia Pacific and South America where growth will be at CAGRs of 11.07% and 9.76% respectively. These will be followed by Middle East and Africa where the markets are expected to grow at CAGRs of 9.75% and 9.01% respectively.
The global weather forecasting services market is fairly fragmented, with large number of players operating in the market. The top ten competitors in the market made up to 19.86% of the total market in 2024. The Weather Company (IBM) was the largest competitor with a 2.490% share of the market, followed by AccuWeather Inc. with 2.489%, DTN LLC with 2.27%, Vaisala Oyj with 2.20%, StormGeo (Alfa Laval AB) with 2.15%, Fugro N.V. with 2.08%, ENAV S.p.A. with 2.06%, Met Office with 1.97%, Earth Networks Inc. with 1.25% and Skymet Weather Services Pvt. Ltd. with 0.90%.
This report describes and explains the weather forecasting services market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global weather forecasting services market reached a value of nearly $2.26 billion in 2024, having grown at a compound annual growth rate (CAGR) of 5.81% since 2019. The market is expected to grow from $2.26 billion in 2024 to $3.27 billion in 2029 at a rate of 7.70%. The market is then expected to grow at a CAGR of 6.99% from 2029 and reach $4.59 billion in 2034.
Growth in the historic period resulted from the expansion of maritime transport, growth of renewable energy projects and increasing demand in agricultural sector. Factors that negatively affected growth in the historic period were data privacy and security concerns and regulatory and compliance challenges.
Going forward, the rising climate change patterns, increase in weather monitoring for disaster management, growth in aviation sector and favorable government initiatives will drive the growth. Factor that could hinder the growth of the weather forecasting services market in the future include impact of trade war and tariffs, inadequate infrastructure in remote areas and unreliable data transmission networks.
The top opportunities in the weather forecasting services markets segmented by type will arise in the onshore weather forecasting services segment, which will gain $792.43 million of global annual sales by 2029. The top opportunities in the weather forecasting services markets segmented by forecast type will arise in the short-range segment, which will gain $445.27 million of global annual sales by 2029. The top opportunities in the weather forecasting services markets segmented by purpose will arise in the safety segment, which will gain $761.2 million of global annual sales by 2029. The top opportunities in the weather forecasting services markets segmented by organization type will arise in the large enterprises segment, which will gain $715.58 million of global annual sales by 2029. The top opportunities in the weather forecasting services markets segmented by industry will arise in the aviation segment, which will gain $264.43 million of global annual sales by 2029. The weather forecasting services market size will gain the most in China at $233.03 million.
Market-trend-based strategies for the weather forecasting services market include focus on developing AI-powered long-range weather forecasting tools that integrate satellite data with AI-driven analytics, focus on prioritizing the development of advanced AI-powered forecasting solutions, focus on adopting strategic partnerships approach to develop advanced solutions, investing in centralized, satellite-driven weather intelligence platforms and investing in the development of cutting-edge radar satellites to enhance the accuracy and global reach of atmospheric data gathering.
Player-adopted strategies in the weather forecasting services market include focus on expanding its business capabilities through new launches, focus on strengthening its business operations through new partnerships, focus on strengthening its business operations through strategic launches and strengthening its business operations through new technology launches.
To take advantage of the opportunities, the analyst recommends the weather forecasting services market companies to focus on AI-driven long-range forecasting to capture high-value market segments, focus on ai-enhanced forecasting tools to improve accuracy and industry relevance, focus on satellite-driven platforms to strengthen maritime forecasting capabilities, focus on radar satellite deployment to improve data coverage and forecast precision, focus on onshore forecasting to capitalize on highest growth segment, focus on short-range forecasting to maximize high-growth potential, expand in emerging markets, continue to focus on developed markets, focus on value-based pricing to align revenue with client-specific utility, continue to use B2B promotions, focus on industry-specific promotion to increase market relevance, focus on strategic partnerships to drive innovation and market reach and focus on aviation to maximize sector growth and returns.
This product will be delivered within 3-5 business days.
The weather forecasting services market is segmented by forecast type into nowcast, short-range, medium range, extended range and long range. The short-range market was the largest segment of the weather forecasting services market segmented by forecast type, accounting for 31.55% or $713.9 million of the total in 2024. Going forward, the short-range segment is expected to be the fastest growing segment in the weather forecasting services market segmented by forecast type, at a CAGR of 10.18% during 2024-2029.
The weather forecasting services market is segmented by purpose into operational efficiency and safety. The safety market was the largest segment of the weather forecasting services market segmented by purpose, accounting for 67.80% or $1.53 billion of the total in 2024. Going forward, the safety segment is expected to be the fastest growing segment in the weather forecasting services market segmented by purpose, at a CAGR of 8.39% during 2024-2029.
The weather forecasting services market is segmented by organization size into large enterprises and small and medium enterprises. The large enterprises market was the largest segment of the weather forecasting services market segmented by organization size, accounting for 69.32% or $1.56 billion of the total in 2024. Going forward, the large enterprises segment is expected to be the fastest growing segment in the weather forecasting services market segmented by organization size, at a CAGR of 7.81% during 2024-2029.
The weather forecasting services market is segmented by industry into transportation, aviation, energy and utilities, banking financial services and insurance (BFSI), agriculture, media, manufacturing, retail and other industries. The energy and utilities market was the largest segment of the weather forecasting services market segmented by industry, accounting for 21.23% or $480.38 million of the total in 2024. Going forward, the aviation segment is expected to be the fastest growing segment in the weather forecasting services market segmented by industry, at a CAGR of 9.36% during 2024-2029.
North America was the largest region in the weather forecasting services market, accounting for 37.34% or $844.94 million of the total in 2024. It was followed by Asia Pacific, Western Europe and then the other regions. Going forward, the fastest-growing regions in the weather forecasting services market will be Asia Pacific and South America where growth will be at CAGRs of 11.07% and 9.76% respectively. These will be followed by Middle East and Africa where the markets are expected to grow at CAGRs of 9.75% and 9.01% respectively.
The global weather forecasting services market is fairly fragmented, with large number of players operating in the market. The top ten competitors in the market made up to 19.86% of the total market in 2024. The Weather Company (IBM) was the largest competitor with a 2.490% share of the market, followed by AccuWeather Inc. with 2.489%, DTN LLC with 2.27%, Vaisala Oyj with 2.20%, StormGeo (Alfa Laval AB) with 2.15%, Fugro N.V. with 2.08%, ENAV S.p.A. with 2.06%, Met Office with 1.97%, Earth Networks Inc. with 1.25% and Skymet Weather Services Pvt. Ltd. with 0.90%.
This report describes and explains the weather forecasting services market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global weather forecasting services market reached a value of nearly $2.26 billion in 2024, having grown at a compound annual growth rate (CAGR) of 5.81% since 2019. The market is expected to grow from $2.26 billion in 2024 to $3.27 billion in 2029 at a rate of 7.70%. The market is then expected to grow at a CAGR of 6.99% from 2029 and reach $4.59 billion in 2034.
Growth in the historic period resulted from the expansion of maritime transport, growth of renewable energy projects and increasing demand in agricultural sector. Factors that negatively affected growth in the historic period were data privacy and security concerns and regulatory and compliance challenges.
Going forward, the rising climate change patterns, increase in weather monitoring for disaster management, growth in aviation sector and favorable government initiatives will drive the growth. Factor that could hinder the growth of the weather forecasting services market in the future include impact of trade war and tariffs, inadequate infrastructure in remote areas and unreliable data transmission networks.
The top opportunities in the weather forecasting services markets segmented by type will arise in the onshore weather forecasting services segment, which will gain $792.43 million of global annual sales by 2029. The top opportunities in the weather forecasting services markets segmented by forecast type will arise in the short-range segment, which will gain $445.27 million of global annual sales by 2029. The top opportunities in the weather forecasting services markets segmented by purpose will arise in the safety segment, which will gain $761.2 million of global annual sales by 2029. The top opportunities in the weather forecasting services markets segmented by organization type will arise in the large enterprises segment, which will gain $715.58 million of global annual sales by 2029. The top opportunities in the weather forecasting services markets segmented by industry will arise in the aviation segment, which will gain $264.43 million of global annual sales by 2029. The weather forecasting services market size will gain the most in China at $233.03 million.
Market-trend-based strategies for the weather forecasting services market include focus on developing AI-powered long-range weather forecasting tools that integrate satellite data with AI-driven analytics, focus on prioritizing the development of advanced AI-powered forecasting solutions, focus on adopting strategic partnerships approach to develop advanced solutions, investing in centralized, satellite-driven weather intelligence platforms and investing in the development of cutting-edge radar satellites to enhance the accuracy and global reach of atmospheric data gathering.
Player-adopted strategies in the weather forecasting services market include focus on expanding its business capabilities through new launches, focus on strengthening its business operations through new partnerships, focus on strengthening its business operations through strategic launches and strengthening its business operations through new technology launches.
To take advantage of the opportunities, the analyst recommends the weather forecasting services market companies to focus on AI-driven long-range forecasting to capture high-value market segments, focus on ai-enhanced forecasting tools to improve accuracy and industry relevance, focus on satellite-driven platforms to strengthen maritime forecasting capabilities, focus on radar satellite deployment to improve data coverage and forecast precision, focus on onshore forecasting to capitalize on highest growth segment, focus on short-range forecasting to maximize high-growth potential, expand in emerging markets, continue to focus on developed markets, focus on value-based pricing to align revenue with client-specific utility, continue to use B2B promotions, focus on industry-specific promotion to increase market relevance, focus on strategic partnerships to drive innovation and market reach and focus on aviation to maximize sector growth and returns.
This product will be delivered within 3-5 business days.
Table of Contents
1 Executive Summary
6 Market Characteristics
7 Major Market Trends
8 Global Weather Forecasting Services Growth Analysis And Strategic Analysis Framework
9 Global Weather Forecasting Services Market Segmentation
10 Weather Forecasting Services Market, Regional and Country Analysis
11 Asia-Pacific Market
12 Western Europe Market
13 Eastern Europe Market
14 North America Market
15 South America Market
16 Middle East Market
17 Africa Market
18 Competitive Landscape and Company Profiles
19 Other Major And Innovative Companies
22 Key Mergers And Acquisitions
23 Recent Developments In The Weather Forecasting Services market
24 Opportunities And Strategies
25 Weather Forecasting Services Market, Conclusions And Recommendations
26 Appendix
Executive Summary
Weather Forecasting Services Global Market Opportunities And Strategies To 2034 provides the strategists; marketers and senior management with the critical information they need to assess the global weather forecasting services market as it emerges from the COVID-19 shut down.Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.
Description
Where is the largest and fastest-growing market for weather forecasting services? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The weather forecasting services market global report answers all these questions and many more.The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider weather forecasting services market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by type, by forecast type, by purpose, by organization size and by industry.
- Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Growth Analysis And Strategic Analysis Framework- Analysis on PESTEL, end use industries, market growth rate, global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods, forecast growth contributors and total addressable market (TAM).
- Regional And Country Analysis- Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
- Market Segmentation- Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by type, by forecast type, by purpose, by organization size and by industry in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
- Regional Market Size and Growth- Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major And Innovative Companies- Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
- Competitive Dashboard- Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions- Information on recent mergers and acquisitions in the market is covered in the report.This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
- Recent Developments- Information on recent developments in the market covered in the report.
- Market Opportunities And Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations- Ths section includes recommendations for weather forecasting services providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
1) By Type: Onshore Weather Forecasting Services; Offshore Weather Forecasting Services2) By Forecast Type: Nowcast; Short-Range; Medium Range; Extended Range; Long Range
3) By Purpose: Operational Efficiency; Safety
4) By Organization Size: Large Enterprises; Small And Medium Enterprises
5) By Industry: Transportation; Aviation; Energy And Utilities; Banking Financial Services And Insurance (BFSI); Agriculture; Media; Manufacturing; Retail; Other Industries
Key Companies Profiled: The Weather Company (IBM); AccuWeather Inc.; DTN LLC; Vaisala Oyj; StormGeo (Alfa Laval AB)
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia
Regions:Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; weather forecasting services indicators comparison.
Data Segmentation: Country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
- The Weather Company (IBM)
- AccuWeather Inc.
- DTN LLC
- Vaisala Oyj
- StormGeo (Alfa Laval AB)
- Fugro N.V.
- ENAV S.p.A.
- Met Office
- Earth Networks Inc.
- Skymet Weather Services Pvt. Ltd.
- Fujitsu
- Zomato
- Early Warning Network (EWN)
- Tomorrow.io
- Weatherzone
- MeteoGroup (DTN)
- Huawei Cloud
- Meteomatics
- Meteopress, s.r.o.
- WeatherPRO
- Weather2umbrella
- Gismeteo
- Yandex.Weather
- Spire Global
- Vaisala
- Open-Meteo.com
- Precision Weather
- Spire Global, Inc.
- Jupiter Intelligence Inc.
- WeatherBELL Analytics LLC
- Xweather
- Custom Weather Inc.
- Weather Source, LLC
- Pelmorex
- Weather Underground Inc.
- Weatherbit API
- Climavision
- Nvidia Corporation
- Atmo, Inc.
- Columbia Weather Systems, Inc.
- All Weather, Inc.
- Honeywell International, Inc.
- Pelmorex Weather Networks
- AWIS Weather Services
- Right Weather LLC
- Hometown Forecast Services
- Microsoft Corporation
- Google LLC
- MarineLabs
- Weather Forecasting - Oceans Ltd.
- The Weather Network
- RWDI (Rowan Williams Davies & Irwin Inc.)
- Weather Innovations Consulting LP
- Perceptive Space
- Ukko Agro
- Meteored
- Climatempo
- Somar Meteorologia
- ClimaChile
- Climadata
- G42
- Atmosfer Technology Systems
- WeatherNet Meteorological Services Ltd.
- WNI Oceanroutes UK Ltd.
- MeteoGroup
- AfricaWeather (Pty) Ltd.
- Rainboo
- Meteologix
- Farmsio Ltd.
- Hortec Weather Company
- Weather Intelligence Systems (Pty) Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 332 |
| Published | September 2025 |
| Forecast Period | 2024 - 2034 |
| Estimated Market Value ( USD | $ 2.26 Billion |
| Forecasted Market Value ( USD | $ 4.59 Billion |
| Compound Annual Growth Rate | 7.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 71 |
