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 Segmentation
Weather Forecasting Services Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments: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
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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
The comprehensive 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.
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
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
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.
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Companies Mentioned
- AccuWeather Inc.
- IBM Corporation
- Fugro Group