Global Weather Forecasting Services Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Forecasting Type;

Short-Range Forecasting, Medium-Range Forecasting, and Long-Range Forecasting.

By End-Use Industry;

Transportation, Aviation, Energy & Utilities, BFSI, Agriculture, Media, Manufacturing, Retail, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn128453848 Published Date: March, 2025 Updated Date: May, 2025

Introduction

Global Weather Forecasting Services Market (USD Million), 2021 - 2031

In the year 2024, the Global Weather Forecasting Services Market was valued at USD 2,381.67 million. The size of this market is expected to increase to USD 4,582.45 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.8%.

The Global Weather Forecasting Services Market is a dynamic and indispensable sector of the broader meteorological industry, catering to a wide range of stakeholders across various sectors worldwide. Weather forecasting services play a pivotal role in providing accurate and timely predictions of atmospheric conditions, enabling individuals, businesses, and governments to make informed decisions and mitigate weather-related risks. As climate variability and extreme weather events continue to pose significant challenges, the demand for reliable weather forecasting services has surged, driving innovation and advancements in meteorological technology.

In recent years, the Global Weather Forecasting Services Market has witnessed remarkable growth, propelled by advancements in data analytics, satellite technology, and numerical weather prediction models. These technological innovations have significantly enhanced the accuracy and granularity of weather forecasts, empowering users with actionable insights for planning and decision-making. Moreover, the proliferation of mobile devices and the advent of smart applications have democratized access to weather information, fostering greater awareness and engagement among consumers and businesses alike.

The market landscape is characterized by intense competition among key players, who continually strive to differentiate their offerings through advanced forecasting techniques, customized solutions, and value-added services. Major players in the Global Weather Forecasting Services Market leverage their expertise in meteorology, data science, and computational modeling to deliver reliable forecasts tailored to specific user needs and industries. Additionally, partnerships and collaborations between weather service providers, technology companies, and government agencies are driving innovation and expanding market reach. As the world grapples with the impacts of climate change and strives for greater resilience, the Global Weather Forecasting Services Market is poised for continued growth, offering indispensable tools for managing weather-related risks and optimizing operational efficiencies across diverse sectors.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Forecasting Type
    2. Market Snapshot, By End-Use Industry
    3. Market Snapshot, By Region
    4. Market Opportunity Map
  4. Global Weather Forecasting Services Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Advanced satellite technology
        2. Increasing climate variability
        3. Demand for real-time updates
        4. Growing aviation industry
        5. Rise in natural disasters
      2. Restraints
        1. Data accuracy challenges
        2. Limited coverage areas
        3. High initial investment
        4. Regulatory constraints
        5. Data privacy concerns
      3. Opportunities
        1. Expansion in emerging markets
        2. Development of mobile apps
        3. Increasing demand for weather analytics
        4. Partnerships with industries
        5. AI and machine learning integration
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Weather Forecasting Services Market, By Forecasting Type, 2021 - 2031 (USD Million)
      1. Short-Range Forecasting
      2. Medium-Range Forecasting
      3. Long-Range Forecasting
    2. Global Weather Forecasting Services Market, By End-Use Industry, 2021 - 2031 (USD Million)
      1. Transportation
      2. Energy & Utilities
      3. BFSI
      4. Agriculture
      5. Media
      6. Manufacturing
      7. Retail
      8. Others
    3. Global Weather Forecasting Services Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. The Weather Company (IBM)
      2. The Weather Channel (Entertainment Studios)
      3. The National Oceanic and Atmospheric Administration (NOAA)
      4. Met Office
      5. DTN
  7. Analyst Views
  8. Future Outlook of the Market