Weather Forecasting Services Market Size 2022, Share, Growth, Industry Trends and Forecast Till 2027

Weather Forecasting Services Market Size 2022, Share, Growth, Industry Trends and Forecast Till 2027

imarcsuraj travel blog images

travel blog

Global Weather Forecasting Services Market Overview (2022-2027)
• Historical Market Size (2021): US$ 1.82 Billion
• Forecast CAGR (2022-2027): 9.60%
• Forecast Market Size (2027): US$ 3.21 Billion

At 9.60% CAGR, Global Weather Forecasting Services Market Size & Share to Surpass US$ 3.21 Billion by 2027 | Industry Trends, Growth, Share, Opportunities, Statistics, Analysis & Forecast Report by IMARC

What are the growth prospects of the Weather Forecasting Services Industry?

The global weather forecasting services market size reached US$ 1.82 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 3.21 Billion by 2027, exhibiting a growth rate (CAGR) of 9.60% during 2022-2027.

Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request For Sample Report:

What is a Weather Forecasting Services Market?

Weather forecasting is the process of predicting the weather using science and technology to forecast atmospheric conditions for a certain period and location. It uses various tools, solutions, methods, and approaches connected to meteorology. Some commonly used tools are thermometers, barometers, hygrometers, anemometers, doppler radar, rain gauges, radiosondes, buoys, wind vanes, weather balloons, and weather satellites.

 It helps minimize weather-related losses and improves societal benefits, including evacuating masses during hurricanes, floods, and earthquakes and protecting life, harvest, property, and public health and safety. As a result, weather forecasting services are extensively used in aviation, agriculture, transportation, manufacturing, retail, banking, financial, services, and insurance (BFSI) sectors across the globe.

What are the major market drivers in a Weather Forecasting Services Market ?

The market is primarily driven by the escalating demand for weather forecasting services owing to uncertain climatic conditions and global energy transitions. In addition, the widespread adoption of radar imaging, model data, digital satellite photography, and surface measurements to anticipate weather conditions more precisely is contributing to the market growth.

Moreover, the growing utilization of weather forecasting services by farmers to determine wind alerts, precipitation forecasts, and actionable insights for managing their operations, maximizing profits, and enhancing yields, represents another significant growth-inducing factor.

Besides this, the extensive application of these services in the aviation sector for navigation in extreme weather conditions is propelling market growth. Furthermore, investment in research and development (R&D) activities to launch supercomputers and ensure accurate weather forecasts is also creating a positive market outlook.

Click here to view detailed information with table of content:

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Forecasting Type:

o   Short-range Forecasting

o   Medium-range Forecasting

o   Long-range Forecasting

Breakup by Purpose:

o   Operational Efficiency

o   Safety

o   Others

Breakup by Organization Size:

o   Large Enterprises

o   Small and Medium-Sized Enterprises

Breakup by End User:

o   Transportation

o   Aviation

o   Energy and Utilities

o   Banking, Financial Services and Insurance (BFSI)

o   Agriculture

o   Media

o   Manufacturing

o   Retail

o   Others

By Geography:

•             North America (United States, Canada)

•             Europe (Germany, France, United Kingdom, Italy, Spain, Others)

•             Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)

•             Latin America (Brazil, Mexico, Others)

•             Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

List of Major Key Players:

The major players in the market are  

AccuWeather Inc.


 BMT Group

 Custom Weather


Fugro, International Business Machines Corporation

 Met Office

Precision Weather Services

 Skymet Weather Services Pvt. Ltd.

and StormGeo AS.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800


Add imarcsuraj to your subscriptions feed

imarcsuraj travel blog images

Leave a Comment:

Or Sign Up To Leave A Comment

To notify a previous commenter, mention their user name: @peter or @peter-smith if there are spaces.

Create Your Free Travel Blog

Join others and Track That Travel

Track That Travel

travel blog, free travel blog travel blog, free travel blog travel blog, free travel blog

® 2018 Track That Travel