Product Code: ETC13409029 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Weather Forecasting Services Market was valued at USD 2.5 Billion in 2024 and is expected to reach USD 4.3 Billion by 2031, growing at a compound annual growth rate of 9.70% during the forecast period (2025-2031).
The Global Weather Forecasting Services Market is witnessing significant growth due to increasing demand for accurate and timely weather predictions across various industries such as agriculture, aviation, and energy. The market is driven by advancements in technology, including the incorporation of artificial intelligence and machine learning in weather forecasting models. Additionally, the rise in natural disasters and extreme weather events is further boosting the adoption of weather forecasting services for risk management and disaster preparedness. Key players in the market are focusing on expanding their geographic presence, enhancing data accuracy, and providing real-time updates to meet the evolving needs of customers. Overall, the Global Weather Forecasting Services Market is projected to continue its growth trajectory, driven by technological innovations and the increasing importance of weather data in decision-making processes.
The Global Weather Forecasting Services Market is experiencing growth due to advancements in technology such as artificial intelligence, machine learning, and big data analytics. These technologies are enabling more accurate and timely weather predictions, driving the demand for weather forecasting services across various sectors including agriculture, aviation, energy, and transportation. Additionally, the increasing frequency and intensity of natural disasters are highlighting the importance of reliable weather forecasting services for risk management and disaster preparedness. As a result, there are opportunities for market players to offer innovative solutions that cater to specific industry needs, as well as to expand their geographical presence to serve a wider customer base. Overall, the market is expected to continue growing as businesses and governments increasingly rely on accurate weather forecasts for decision-making purposes.
The Global Weather Forecasting Services Market faces several challenges, including the need for continuous technological advancements to improve forecasting accuracy and timeliness, as weather patterns become more unpredictable and severe. Data accuracy and availability also remain key challenges, as access to reliable real-time data is crucial for accurate weather predictions. Additionally, the market is highly competitive, with established players dominating the industry, making it difficult for new entrants to gain market share. Furthermore, regulatory hurdles and compliance requirements present challenges for companies operating in multiple regions, as weather forecasting services are subject to various regulations and standards. Overall, navigating these challenges while meeting the increasing demand for reliable weather forecasting services poses significant obstacles for businesses in the Global Weather Forecasting Services Market.
The Global Weather Forecasting Services Market is primarily driven by the increasing demand for accurate and reliable weather information across various industries such as agriculture, transportation, and energy. The rise in natural disasters and extreme weather events due to climate change has further emphasized the need for advanced forecasting services. Technological advancements in meteorological instruments and data analytics have enabled providers to offer more precise and timely weather predictions, attracting more customers. Additionally, the growing adoption of weather forecasting services by governments and commercial enterprises for risk management and operational planning purposes is fueling market growth. The expansion of aviation, maritime, and outdoor event industries also contributes to the increasing demand for weather forecasting services globally.
Government policies related to the Global Weather Forecasting Services Market typically involve regulations on data collection, dissemination, and accuracy standards to ensure the reliability of weather forecasts. These policies may include guidelines on meteorological data sharing among countries, investment in weather monitoring infrastructure, and international collaboration for disaster preparedness and response. Governments often fund and support national meteorological agencies to provide weather forecasting services to the public and various industries. Additionally, policies may address environmental concerns related to climate change and encourage the adoption of sustainable practices in weather forecasting operations. Compliance with these regulations is important for companies operating in the weather forecasting services market to maintain credibility and meet industry standards.
The Global Weather Forecasting Services Market is expected to witness steady growth in the coming years due to increasing demand for accurate weather predictions across various industries such as agriculture, aviation, and renewable energy. Technological advancements, such as the adoption of artificial intelligence and machine learning algorithms, are enhancing the accuracy and reliability of weather forecasting services. Additionally, the rising frequency of extreme weather events attributed to climate change is driving the need for more sophisticated forecasting capabilities. The market is also benefiting from the growing popularity of mobile weather applications and the increasing use of weather data in decision-making processes. Overall, the Global Weather Forecasting Services Market is projected to continue expanding as companies and governments prioritize efficient risk management strategies in the face of changing weather patterns.
In the global weather forecasting services market, each region presents unique opportunities and challenges. Asia is experiencing rapid urbanization and increasing demand for accurate weather predictions, driving the growth of weather forecasting services. North America, with its advanced technological infrastructure, is a key player in the market, with a high adoption rate of advanced forecasting tools. Europe is focusing on sustainable practices and innovation in weather forecasting to address climate change issues. The Middle East and Africa region is witnessing growth in weather forecasting services to support industries like agriculture and aviation. Latin America is also seeing a rise in demand for weather forecasting services, particularly in agriculture and disaster management sectors, driving market growth in the region.
Global Weather Forecasting Services Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Weather Forecasting Services Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Weather Forecasting Services Market Revenues & Volume, 2021 & 2031F |
3.3 Global Weather Forecasting Services Market - Industry Life Cycle |
3.4 Global Weather Forecasting Services Market - Porter's Five Forces |
3.5 Global Weather Forecasting Services Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Weather Forecasting Services Market Revenues & Volume Share, By Industry, 2021 & 2031F |
3.7 Global Weather Forecasting Services Market Revenues & Volume Share, By Purpose, 2021 & 2031F |
3.8 Global Weather Forecasting Services Market Revenues & Volume Share, By Forecast Type, 2021 & 2031F |
3.9 Global Weather Forecasting Services Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 Global Weather Forecasting Services Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Weather Forecasting Services Market Trends |
6 Global Weather Forecasting Services Market, 2021 - 2031 |
6.1 Global Weather Forecasting Services Market, Revenues & Volume, By Industry, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Weather Forecasting Services Market, Revenues & Volume, By Aviation, 2021 - 2031 |
6.1.3 Global Weather Forecasting Services Market, Revenues & Volume, By Agriculture, 2021 - 2031 |
6.1.4 Global Weather Forecasting Services Market, Revenues & Volume, By Marine, 2021 - 2031 |
6.1.5 Global Weather Forecasting Services Market, Revenues & Volume, By Oil & Gas, 2021 - 2031 |
6.1.6 Global Weather Forecasting Services Market, Revenues & Volume, By Energy & Utilities, 2021 - 2031 |
6.1.7 Global Weather Forecasting Services Market, Revenues & Volume, By Insurance, 2021 - 2031 |
6.1.8 Global Weather Forecasting Services Market, Revenues & Volume, By Retail, 2021 - 2031 |
6.1.9 Global Weather Forecasting Services Market, Revenues & Volume, By Media, 2021 - 2031 |
6.2 Global Weather Forecasting Services Market, Revenues & Volume, By Purpose, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Weather Forecasting Services Market, Revenues & Volume, By Operational Efficiency, 2021 - 2031 |
6.2.3 Global Weather Forecasting Services Market, Revenues & Volume, By Safety, 2021 - 2031 |
6.2.4 Global Weather Forecasting Services Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3 Global Weather Forecasting Services Market, Revenues & Volume, By Forecast Type, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Weather Forecasting Services Market, Revenues & Volume, By Nowcast, 2021 - 2031 |
6.3.3 Global Weather Forecasting Services Market, Revenues & Volume, By Short-Range, 2021 - 2031 |
6.3.4 Global Weather Forecasting Services Market, Revenues & Volume, By Medium-Range, 2021 - 2031 |
6.3.5 Global Weather Forecasting Services Market, Revenues & Volume, By Extended-Range, 2021 - 2031 |
6.3.6 Global Weather Forecasting Services Market, Revenues & Volume, By Long-Range, 2021 - 2031 |
6.4 Global Weather Forecasting Services Market, Revenues & Volume, By Organization Size, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Weather Forecasting Services Market, Revenues & Volume, By Large Enterprises, 2021 - 2031 |
6.4.3 Global Weather Forecasting Services Market, Revenues & Volume, By Small & Medium-Sized Enterprises, 2021 - 2031 |
7 North America Weather Forecasting Services Market, Overview & Analysis |
7.1 North America Weather Forecasting Services Market Revenues & Volume, 2021 - 2031 |
7.2 North America Weather Forecasting Services Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Weather Forecasting Services Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Weather Forecasting Services Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Weather Forecasting Services Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Weather Forecasting Services Market, Revenues & Volume, By Industry, 2021 - 2031 |
7.4 North America Weather Forecasting Services Market, Revenues & Volume, By Purpose, 2021 - 2031 |
7.5 North America Weather Forecasting Services Market, Revenues & Volume, By Forecast Type, 2021 - 2031 |
7.6 North America Weather Forecasting Services Market, Revenues & Volume, By Organization Size, 2021 - 2031 |
8 Latin America (LATAM) Weather Forecasting Services Market, Overview & Analysis |
8.1 Latin America (LATAM) Weather Forecasting Services Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Weather Forecasting Services Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Weather Forecasting Services Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Weather Forecasting Services Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Weather Forecasting Services Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Weather Forecasting Services Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Weather Forecasting Services Market, Revenues & Volume, By Industry, 2021 - 2031 |
8.4 Latin America (LATAM) Weather Forecasting Services Market, Revenues & Volume, By Purpose, 2021 - 2031 |
8.5 Latin America (LATAM) Weather Forecasting Services Market, Revenues & Volume, By Forecast Type, 2021 - 2031 |
8.6 Latin America (LATAM) Weather Forecasting Services Market, Revenues & Volume, By Organization Size, 2021 - 2031 |
9 Asia Weather Forecasting Services Market, Overview & Analysis |
9.1 Asia Weather Forecasting Services Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Weather Forecasting Services Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Weather Forecasting Services Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Weather Forecasting Services Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Weather Forecasting Services Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Weather Forecasting Services Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Weather Forecasting Services Market, Revenues & Volume, By Industry, 2021 - 2031 |
9.4 Asia Weather Forecasting Services Market, Revenues & Volume, By Purpose, 2021 - 2031 |
9.5 Asia Weather Forecasting Services Market, Revenues & Volume, By Forecast Type, 2021 - 2031 |
9.6 Asia Weather Forecasting Services Market, Revenues & Volume, By Organization Size, 2021 - 2031 |
10 Africa Weather Forecasting Services Market, Overview & Analysis |
10.1 Africa Weather Forecasting Services Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Weather Forecasting Services Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Weather Forecasting Services Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Weather Forecasting Services Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Weather Forecasting Services Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Weather Forecasting Services Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Weather Forecasting Services Market, Revenues & Volume, By Industry, 2021 - 2031 |
10.4 Africa Weather Forecasting Services Market, Revenues & Volume, By Purpose, 2021 - 2031 |
10.5 Africa Weather Forecasting Services Market, Revenues & Volume, By Forecast Type, 2021 - 2031 |
10.6 Africa Weather Forecasting Services Market, Revenues & Volume, By Organization Size, 2021 - 2031 |
11 Europe Weather Forecasting Services Market, Overview & Analysis |
11.1 Europe Weather Forecasting Services Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Weather Forecasting Services Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Weather Forecasting Services Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Weather Forecasting Services Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Weather Forecasting Services Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Weather Forecasting Services Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Weather Forecasting Services Market, Revenues & Volume, By Industry, 2021 - 2031 |
11.4 Europe Weather Forecasting Services Market, Revenues & Volume, By Purpose, 2021 - 2031 |
11.5 Europe Weather Forecasting Services Market, Revenues & Volume, By Forecast Type, 2021 - 2031 |
11.6 Europe Weather Forecasting Services Market, Revenues & Volume, By Organization Size, 2021 - 2031 |
12 Middle East Weather Forecasting Services Market, Overview & Analysis |
12.1 Middle East Weather Forecasting Services Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Weather Forecasting Services Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Weather Forecasting Services Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Weather Forecasting Services Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Weather Forecasting Services Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Weather Forecasting Services Market, Revenues & Volume, By Industry, 2021 - 2031 |
12.4 Middle East Weather Forecasting Services Market, Revenues & Volume, By Purpose, 2021 - 2031 |
12.5 Middle East Weather Forecasting Services Market, Revenues & Volume, By Forecast Type, 2021 - 2031 |
12.6 Middle East Weather Forecasting Services Market, Revenues & Volume, By Organization Size, 2021 - 2031 |
13 Global Weather Forecasting Services Market Key Performance Indicators |
14 Global Weather Forecasting Services Market - Export/Import By Countries Assessment |
15 Global Weather Forecasting Services Market - Opportunity Assessment |
15.1 Global Weather Forecasting Services Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Weather Forecasting Services Market Opportunity Assessment, By Industry, 2021 & 2031F |
15.3 Global Weather Forecasting Services Market Opportunity Assessment, By Purpose, 2021 & 2031F |
15.4 Global Weather Forecasting Services Market Opportunity Assessment, By Forecast Type, 2021 & 2031F |
15.5 Global Weather Forecasting Services Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
16 Global Weather Forecasting Services Market - Competitive Landscape |
16.1 Global Weather Forecasting Services Market Revenue Share, By Companies, 2024 |
16.2 Global Weather Forecasting Services Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |