Weather Forecasting Services Market
Weather Forecasting Services Market Size, Share & Trends Analysis Report by Forecasting Type (Nowcast forecasting services, Short-term forecasting services, Medium-term forecasting services, and Long-term forecasting services), by Organization Size (Large Enterprises, and Small & Medium- Sized Enterprises), and by End-User (Media, Aviation, Research, Agriculture, Events, Retail, and others) Forecast Period (2025-2035)
Industry Overview
Weather forecasting services market was valued at $2,048 million in 2024 and is projected to reach $4,976 million by 2035, growing at a CAGR of 8.5% from 2025 to 2035. Pivotal factors such as increasing use of AI, big data analytics, and enhanced satellite imaging improve forecasting precision, Farmers increasingly rely on weather forecasts for crop management, irrigation, and pest control measures, Expansion in weather-based IoT applications for logistics, smart cities, and home automation systems contributes to market growth, increasing incidences of natural disasters such as, hurricanes, floods, and wildfires boost demand for precise weather forecasting services. According to the US Department of Commerce, in May 2024, the Department of Commerce and NOAA announced $6.6 million in recommended funding to establish a new multi-university data assimilation consortium to improve weather forecasts using enhanced numerical weather prediction systems, as part of the Investing in America agenda.
Market factors drive global action to improve climate resilience and food security by scaling up innovative solutions, such as weather services, to enable millions of farmers globally. Future innovation packages expand efforts to scale additional solutions addressing the interconnected challenges of climate change, food security, and agriculture. The global partnership channels more than 1 billion to scale up weather services for hundreds of millions of farmers across Asia, Latin America, and Africa.
Market Dynamics
Increasing Use of AI, Big Data Analytics
India's Ministry of Agriculture is rolling out digital forecast dissemination and extension services to become digital to enhance market growth in agriculture. For instance, according to the World Meteorological Organization (WMO), in November 2024, the Agriculture Innovation Mechanism for Scale (AIM for Scale) launched an innovation package that will bring weather information to Asian, Latin American, and African farmers. This initiative leverages AI-enhanced weather forecasting to assist meteorological and hydrological services in creating accurate, farmer-focused forecasts, enhancing resilience and adaptation in the face of unpredictable climate patterns. Global partners are pledging significant investments over the next three years, with the Asian Development Bank committing $300 million for high-end forecasting in Asia and the Pacific, the Inter-American Development Bank adding weather forecasts to its $280 million loan portfolio, and the World Bank investing $1.46 billion in pertinent data and digital agriculture projects. While this is happening, India's Ministry of Agriculture and Farmers Welfare will digitally disseminate weather forecasts to millions of farmers.
Technological Innovations in AI/ML & Big Data
AI/ML models such as neural networks, ensemble learning, and deep learning are transforming meteorology by identifying patterns, enhancing forecasting accuracy, and minimizing errors. For instance, in February 2025, the European Centre for Medium-Range Weather Forecasts (ECMWF) initiated the AI Weather Quest, a global competition to improve sub-seasonal weather forecasting with the help of artificial intelligence and machine learning. The competition, sanctioned as a WIPPS Pilot Project by INFCOM, is intended to enhance weather forecasting by employing the use of AI/ML. The competition, sanctioned as a WIPPS Pilot Project by INFCOM, is designed to enhance weather forecasting using AI/ML. The competition, as part of the WMO Integrated Processing and Prediction System (WIPPS), is divided into two phases such as initial training (March – August 2025) and competition (August 2025 – September 2026), where teams provide real-time sub-seasonal forecasts over 13-week periods.
Market Segmentation
- Based on the forecasting type, the market is segmented into nowcast forecasting services, short-term forecasting services, medium-term forecasting services, and long-term forecasting services.
- Based on organization size, the market is segmented into large enterprises and small and medium-sized enterprises.
- Based on the end-user, the market is segmented into media, aviation, research, agriculture, events, retail, and others (construction, energy, and utilities).
Aviation: A Key Segment in Market Growth
Aviation uses weather forecasting in flight planning, safety operations, airport management, fuel conservation, and disaster mitigation, providing secure routes, efficient fuel usage, and minimal emissions. Aviation plays a crucial role in weather forecasting operations, deploying sensors on aircraft, radar equipment, satellites, balloons, and drones for continuous data gathering, climate observation for extended periods, and remote sensing for local observation of weather. In addition, aviation real-time data enhances safety, minimizes delays, and increases fuel efficiency, while AI/ML and IoT in airline weather services help drive market expansion. Additionally, real-time aviation data enhances safety, minimizes delays, and increases fuel efficiency, while AI/ML and IoT-based airline weather services fuel market expansion. For instance, in January 2025, the Indian government will make sharing weather data with the Indian Meteorological Department compulsory for domestic airlines, potentially enhancing forecasts. The IMD gathers vital information from more than 6,000 takeoffs and landings per day, which grows exponentially as thousands of planes can transmit data, making weather forecasting models more accurate.
Regional Outlook
The global weather forecasting services market is further divided by geography, including North America (the US and Canada), Asia-Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries, and the Rest of Asia-Pacific), Europe (the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe), and the Rest of the World (the Middle East & Africa, and Latin America).
Growing Demand for Affordable, High-Speed Internet Access in North America
The increase in climate-related weather disasters has led to more funding for weather intelligence solutions by businesses and governments to reduce losses and improve operations. In 2024, the US Government states that there were 27 weather and climate disasters, each with more than $1 billion in damages, only one less than the record 28 in 2023. These disasters resulted in at least 568 fatalities, ranking as the eighth-highest number in the past 45 years (1980-2024). The total cost was around $182.7 billion, making 2024 the fourth-costliest year on record after 2017 ($395.9 billion), 2005 ($268.5 billion), and 2022 ($183.6 billion). Since 1980, the U.S. has experienced 403 such billion-dollar events, with a cumulative cost exceeding $2.915 trillion.
Asia-Pacific Region Dominates the Market with Major Share
Asia-Pacific holds a significant share, owing to the rising occurrence of natural calamities such as floods, droughts, cyclones, and wildfires, the demand for early warning systems and predictive analytics is on the rise. For instance, in September 2024, the Union Cabinet cleared 'Mission Mausam' and allocated ?2,000 crore ($240 million) to enhance India's weather forecasting and climate research abilities. The project increased weather monitoring, modeling, and forecasting using state-of-the-art technologies and infrastructure development. The project will benefit industries like agriculture, aviation, and disaster management. Next-generation radars, satellite systems, high-speed supercomputers, artificial intelligence, and machine learning are used in the project. The enhanced weather forecasts will help farmers, airlines, defense personnel, and disaster management.
Market Players Outlook
The major companies operating in the global weather forecasting services market include AccuWeather, Inc., Fugro, Meteomatics AG, The Weather Company LLC (an IBM business), and Weathernews Inc., among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.
Recent Developments
- In July 2024, Weathernews introduced a proprietary AI-based high-resolution weather forecast model with the highest accuracy in Europe. The service is a part of the WxTech (WeatherTech) product, which provides high-precision weather information for temperature, barometric pressure, humidity, precipitation, snowfall, wind direction, wind speed, and solar radiation at 15-minute intervals. In Europe, where weather data is increasingly being used for business purposes, there is a demand for weather forecast data that is more accurate, higher in resolution, and more frequent than each country's meteorological agencies.
- In September 2024, Tata Power partnered with Tomorrow.io to enhance its forecasting capabilities with precise weather forecasts in different time frames, event alerts, and historical data analysis. Tata Power will utilize this capability to forecast demand in its Delhi, Mumbai, and Odisha Discoms markets, in addition to all renewable sites across India.
The Report Covers
- Market value data analysis for 2024 and forecast to 2035.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global weather forecasting services market. Based on the availability of data, information related to new products and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Global Weather Forecasting Services Market Sales Analysis – Forecasting Type | Organization Size| End-User ($ Million)
• Weather Forecasting Services Market Sales Performance of Top Countries
1.1. Research Methodology
• Primary Research Approach
• Secondary Research Approach
1.2. Market Snapshot
2. Market Overview and Insights
2.1. Scope of the Study
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Weather Forecasting Services Industry Trends
2.2.2. Market Recommendations
2.3. Porter's Five Forces Analysis for the Weather Forecasting Services Market
2.3.1. Competitive Rivalry
2.3.2. Threat of New Entrants
2.3.3. Bargaining Power of Suppliers
2.3.4. Bargaining Power of Buyers
2.3.5. Threat of Substitutes
3. Market Determinants
3.1. Market Drivers
3.1.1. Drivers For Global Weather Forecasting Services Market: Impact Analysis
3.2. Market Pain Points and Challenges
3.2.1. Restraints For Global Weather Forecasting Services Market: Impact Analysis
3.3. Market Opportunities
4. Competitive Landscape
4.1. Competitive Dashboard – Weather Forecasting Services Market Revenue and Share by Manufacturers
• Weather Forecasting Services Product Comparison Analysis
• Top Market Player Ranking Matrix
4.2. Key Company Analysis
4.2.1. AccuWeather, Inc.
4.2.1.1. Overview
4.2.1.2. Product Portfolio
4.2.1.3. Financial Analysis (Subject to Data Availability)
4.2.1.4. SWOT Analysis
4.2.1.5. Business Strategy
4.2.2. Fugro
4.2.2.1. Overview
4.2.2.2. Product Portfolio
4.2.2.3. Financial Analysis (Subject to Data Availability)
4.2.2.4. SWOT Analysis
4.2.2.5. Business Strategy
4.2.3. Meteomatics AG
4.2.3.1. Overview
4.2.3.2. Product Portfolio
4.2.3.3. Financial Analysis (Subject to Data Availability)
4.2.3.4. SWOT Analysis
4.2.3.5. Business Strategy
4.2.4. The Weather Company LLC (an IBM business)
4.2.4.1. Overview
4.2.4.2. Product Portfolio
4.2.4.3. Financial Analysis (Subject to Data Availability)
4.2.4.4. SWOT Analysis
4.2.4.5. Business Strategy
4.2.5. Weathernews Inc.
4.2.5.1. Overview
4.2.5.2. Product Portfolio
4.2.5.3. Financial Analysis (Subject to Data Availability)
4.2.5.4. SWOT Analysis
4.2.5.5. Business Strategy
4.3. Top Winning Strategies by Market Players
4.3.1. Merger and Acquisition
4.3.2. Product Launch
4.3.3. Partnership And Collaboration
5. Global Weather Forecasting Services Market Sales Analysis by Forecasting Type ($ Million)
5.1. Nowcast forecasting services
5.2. Short-term forecasting services
5.3. Medium-term forecasting services
5.4. Long-term forecasting services
6. Global Weather Forecasting Services Market Sales Analysis by Organization Size ($ Million)
6.1. Large Enterprises
6.2. Small & Medium-Sized Enterprises
7. Global Weather Forecasting Services Market Sales Analysis by End-User ($ Million)
7.1. Media
7.2. Aviation
7.3. Research
7.4. Agriculture
7.5. Events
7.6. Retail
7.7. Others
8. Regional Analysis
8.1. North American Weather Forecasting Services Market Sales Analysis – Forecasting Type | Organization Size| End-User| Country ($ Million)
• Macroeconomic Factors for North America
8.1.1. United States
8.1.2. Canada
8.2. European Weather Forecasting Services Market Sales Analysis – Forecasting Type | Organization Size| End-User | Country ($ Million)
• Macroeconomic Factors for Europe
8.2.1. UK
8.2.2. Germany
8.2.3. Italy
8.2.4. Spain
8.2.5. France
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Asia-Pacific Weather Forecasting Services Market Sales Analysis – Forecasting Type | Organization Size| End-User | Country ($ Million)
• Macroeconomic Factors for Asia-Pacific
8.3.1. China
8.3.2. Japan
8.3.3. South Korea
8.3.4. India
8.3.5. Australia & New Zealand
8.3.6. ASEAN Countries (Thailand, Indonesia, Vietnam, Singapore, And Others)
8.3.7. Rest of Asia-Pacific
8.4. Rest of the World Weather Forecasting Services Market Sales Analysis – Forecasting Type | Organization Size| End-User | Country ($ Million)
• Macroeconomic Factors for the Rest of the World
8.4.1. Latin America
8.4.2. Middle East and Africa
9. Company Profiles
9.1. AccuWeather, Inc.
9.1.1. Quick Facts
9.1.2. Company Overview
9.1.3. Product Portfolio
9.1.4. Business Strategies
9.2. Climavision
9.2.1. Quick Facts
9.2.2. Company Overview
9.2.3. Product Portfolio
9.2.4. Business Strategies
9.3. Deutscher Wetterdienst (DWD)
9.3.1. Quick Facts
9.3.2. Company Overview
9.3.3. Product Portfolio
9.3.4. Business Strategies
9.4. Development of Advanced Computing (C-DAC)
9.4.1. Quick Facts
9.4.2. Company Overview
9.4.3. Product Portfolio
9.4.4. Business Strategies
9.5. ENAV S.p.A.
9.5.1. Quick Facts
9.5.2. Company Overview
9.5.3. Product Portfolio
9.5.4. Business Strategies
9.6. European Centre for Medium-Range Weather Forecasts (ECMWF)
9.6.1. Quick Facts
9.6.2. Company Overview
9.6.3. Product Portfolio
9.6.4. Business Strategies
9.7. Foreca Ltd.
9.7.1. Quick Facts
9.7.2. Company Overview
9.7.3. Product Portfolio
9.7.4. Business Strategies
9.8. Fugro
9.8.1. Quick Facts
9.8.2. Company Overview
9.8.3. Product Portfolio
9.8.4. Business Strategies
9.9. Met Office
9.9.1. Quick Facts
9.9.2. Company Overview
9.9.3. Product Portfolio
9.9.4. Business Strategies
9.10. Meteomatics AG
9.10.1. Quick Facts
9.10.2. Company Overview
9.10.3. Product Portfolio
9.10.4. Business Strategies
9.11. National Institute of Water and Atmospheric Research Ltd.
9.11.1. Quick Facts
9.11.2. Company Overview
9.11.3. Product Portfolio
9.11.4. Business Strategies
9.12. National Oceanic and Atmospheric Administration (NOAA)
9.12.1. Quick Facts
9.12.2. Company Overview
9.12.3. Product Portfolio
9.12.4. Business Strategies
9.13. OpenWeather Ltd
9.13.1. Quick Facts
9.13.2. Company Overview
9.13.3. Product Portfolio
9.13.4. Business Strategies
9.14. Pelmorex Corp.
9.14.1. Quick Facts
9.14.2. Company Overview
9.14.3. Product Portfolio
9.14.4. Business Strategies
9.15. SGS Weather
9.15.1. Quick Facts
9.15.2. Company Overview
9.15.3. Product Portfolio
9.15.4. Business Strategies
9.16. Skymet Weather Services Private Ltd..
9.16.1. Quick Facts
9.16.2. Company Overview
9.16.3. Product Portfolio
9.16.4. Business Strategies
9.17. StormGeo
9.17.1. Quick Facts
9.17.2. Company Overview
9.17.3. Product Portfolio
9.17.4. Business Strategies
9.18. The Weather Company LLC (an IBM business)
9.18.1. Quick Facts
9.18.2. Company Overview
9.18.3. Product Portfolio
9.18.4. Business Strategies
9.19. Tomorrow Companies Inc.
9.19.1. Quick Facts
9.19.2. Company Overview
9.19.3. Product Portfolio
9.19.4. Business Strategies
9.20. TruWeather Solution, Inc.
9.20.1. Quick Facts
9.20.2. Company Overview
9.20.3. Product Portfolio
9.20.4. Business Strategies
9.21. UBIMET
9.21.1. Quick Facts
9.21.2. Company Overview
9.21.3. Product Portfolio
9.21.4. Business Strategies
9.22. Vaisala Group
9.22.1. Quick Facts
9.22.2. Company Overview
9.22.3. Product Portfolio
9.22.4. Business Strategies
9.23. WeatherBELL Analytics, LLC
9.23.1. Quick Facts
9.23.2. Company Overview
9.23.3. Product Portfolio
9.23.4. Business Strategies
9.24. Weathernews Inc.
9.24.1. Quick Facts
9.24.2. Company Overview
9.24.3. Product Portfolio
9.24.4. Business Strategies
1. Global Weather Forecasting Services Market Research And Analysis By Forecasting Type, 2024-2035 ($ Million)
2. Global Nowcast Weather Forecasting Services Market Research And Analysis By Region, 2024-2035 ($ Million)
3. Global Short-term Weather Forecasting Services Market Research And Analysis By Region, 2024-2035 ($ Million)
4. Global Medium-term Weather Forecasting Services Market Research And Analysis By Region, 2024-2035 ($ Million)
5. Global Long-term Weather Forecasting Services Market Research And Analysis By Region, 2024-2035 ($ Million)
6. Global Weather Forecasting Services Market Research And Analysis By Organization Size, 2024-2035 ($ Million)
7. Global Weather Forecasting Services For Large Enterprises Market Research And Analysis By Region, 2024-2035 ($ Million)
8. Global Weather Forecasting Services For Small & Medium-Sized Enterprises Market Research And Analysis By Region, 2024-2035 ($ Million)
9. Global Weather Forecasting Services Market Research And Analysis By End-Users, 2024-2035 ($ Million)
10. Global Weather Forecasting Services For Media Market Research And Analysis By Region, 2024-2035 ($ Million)
11. Global Weather Forecasting Services For Aviation Market Research And Analysis By Region, 2024-2035 ($ Million)
12. Global Weather Forecasting Services For Research Market Research And Analysis By Region, 2024-2035 ($ Million)
13. Global Weather Forecasting Services For Agriculture Market Research And Analysis By Region, 2024-2035 ($ Million)
14. Global Weather Forecasting Services For Events Market Research And Analysis By Region, 2024-2035 ($ Million)
15. Global Weather Forecasting Services For Retail Market Research And Analysis By Region, 2024-2035 ($ Million)
16. Global Weather Forecasting Services For Other End-User Market Research And Analysis By Region, 2024-2035 ($ Million)
17. Global Weather Forecasting Services Market Research And Analysis By Geography, 2024-2035 ($ Million)
18. North American Weather Forecasting Services Market Research And Analysis By Country, 2024-2035 ($ Million)
19. North American Weather Forecasting Services Market Research And Analysis By Forecasting Type, 2024-2035 ($ Million)
20. North American Weather Forecasting Services Market Research And Analysis By Organization Size, 2024-2035 ($ Million)
21. North American Weather Forecasting Services Market Research And Analysis By End-Users, 2024-2035 ($ Million)
22. European Weather Forecasting Services Market Research And Analysis By Country, 2024-2035 ($ Million)
23. European Weather Forecasting Services Market Research And Analysis By Forecasting Type, 2024-2035 ($ Million)
24. European Weather Forecasting Services Market Research And Analysis By Organization Size, 2024-2035 ($ Million)
25. European Weather Forecasting Services Market Research And Analysis By End-Users, 2024-2035 ($ Million)
26. Asia-Pacific Weather Forecasting Services Market Research And Analysis By Country, 2024-2035 ($ Million)
27. Asia-Pacific Weather Forecasting Services Market Research And Analysis By Forecasting Type, 2024-2035 ($ Million)
28. Asia-Pacific Weather Forecasting Services Market Research And Analysis By Organization Size, 2024-2035 ($ Million)
29. Asia-Pacific Weather Forecasting Services Market Research And Analysis By End-Users, 2024-2035 ($ Million)
30. Rest Of The World Weather Forecasting Services Market Research And Analysis By Country, 2024-2035 ($ Million)
31. Rest Of The World Weather Forecasting Services Market Research And Analysis By Forecasting Type, 2024-2035 ($ Million)
32. Rest Of The World Weather Forecasting Services Market Research And Analysis By Organization Size, 2024-2035 ($ Million)
33. Rest Of The World Weather Forecasting Services Market Research And Analysis By Installation, 2024-2035 ($ Million)
34. Rest Of The World Weather Forecasting Services Market Research And Analysis By End-Users, 2024-2035 ($ Million)
1. Global Weather Forecasting Services Market Share By Forecasting Type, 2024 Vs 2035 (%)
2. Global Nowcast Weather Forecasting Services Market Share By Region, 2024 Vs 2035 (%)
3. Global Short-Term Weather Forecasting Services Market Share By Region, 2024 Vs 2035 (%)
4. Global Medium-Term Weather Forecasting Services Market Share By Region, 2024 Vs 2035 (%)
5. Global Long-Term Weather Forecasting Services Market Share By Region, 2024 Vs 2035 (%)
6. Global Weather Forecasting Services Market Share By Organization Size, 2024 Vs 2035 (%)
7. Global Weather Forecasting Services For Large Enterprises Market Share By Region, 2024 Vs 2035 (%)
8. Global Weather Forecasting Services For Small & Medium-Sized Enterprises Market Share By Region, 2024 Vs 2035 (%)
9. Global Weather Forecasting Services Market Share By End-Users, 2024 Vs 2035 (%)
10. Global Weather Forecasting Services For Media Market Share By Region, 2024 Vs 2035 (%)
11. Global Weather Forecasting Services For Aviation Market Share By Region, 2024 Vs 2035 (%)
12. Global Weather Forecasting Services For Research Market Share By Region, 2024 Vs 2035 (%)
13. Global Weather Forecasting Services For Agriculture Market Share By Region, 2024 Vs 2035 (%)
14. Global Weather Forecasting Services For Events Market Share By Region, 2024 Vs 2035 (%)
15. Global Weather Forecasting Services For Retail Market Share By Region, 2024 Vs 2035 (%)
16. Global Weather Forecasting Services For Other End-User Market Share By Region, 2024 Vs 2035 (%)
17. Global Weather Forecasting Services Market Share By Region, 2024 Vs 2035 (%)
18. US Weather Forecasting Services Market Size, 2024-2035 ($ Million)
19. Canada Weather Forecasting Services Market Size, 2024-2035 ($ Million)
20. UK Weather Forecasting Services Market Size, 2024-2035 ($ Million)
21. France Weather Forecasting Services Market Size, 2024-2035 ($ Million)
22. Germany Weather Forecasting Services Market Size, 2024-2035 ($ Million)
23. Italy Weather Forecasting Services Market Size, 2024-2035 ($ Million)
24. Spain Weather Forecasting Services Market Size, 2024-2035 ($ Million)
25. Russia Weather Forecasting Services Market Size, 2024-2035 ($ Million)
26. Rest of Europe Weather Forecasting Services Market Size, 2024-2035 ($ Million)
27. India Weather Forecasting Services Market Size, 2024-2035 ($ Million)
28. China Weather Forecasting Services Market Size, 2024-2035 ($ Million)
29. Japan Weather Forecasting Services Market Size, 2024-2035 ($ Million)
30. South Korea Weather Forecasting Services Market Size, 2024-2035 ($ Million)
31. ASEAN Weather Forecasting Services Market Size, 2024-2035 ($ Million)
32. Australia and New Zealand Weather Forecasting Services Market Size, 2024-2035 ($ Million)
33. Rest Of Asia-Pacific Weather Forecasting Services Market Size, 2024-2035 ($ Million)
34. Latin America Weather Forecasting Services Market Size, 2024-2035 ($ Million)
35. Middle East And Africa Weather Forecasting Services Market Size, 2024-2035 ($ Million)
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FAQS
The size of the Weather Forecasting Services market in 2024 is estimated to be around $2,048 million.
Asia Pacific holds the largest share in the Weather Forecasting Services market.
Leading players in the Weather Forecasting Services market include AccuWeather, Inc., Fugro, Meteomatics AG, The Weather Company LLC (an IBM business), and Weathernews Inc., among others.
Weather Forecasting Services market is expected to grow at a CAGR of 8.5% from 2025 to 2035.
Rising demand for accurate weather data in agriculture, aviation, energy, and disaster management is driving the growth of the Weather Forecasting Services Market.
