The weather forecasting services market is anticipated to grow at a significant CAGR of 9.1% during the forecast period (2025-2031). The market growth is driven by the growth of the agriculture industry in terms of technology and yield, the growth of aviation, logistics transportation, and media industries, and the need for weather forecasting across these sectors. The increasing demand for weather forecasting services from the government, growing public awareness about weather forecasting, and technological advancements in weather forecasting, are additionally contributing towards market growth.
Get Free Sample link @ https://www.omrglobal.com/request-sample/weather-forecasting-services-market
The global weather forecasting services market is segmented by forecasting type (nowcast weather forecasting services, short-term weather forecasting services, medium-term weather forecasting services, long-term weather forecasting services), by ownership (government-owned weather forecasting services, private-owned weather forecasting services), by end-user (media, aviation, research, agriculture, events, retail, others (construction, energy, and utilities), and geography (North America, Europe, Asia-Pacific, and the Rest of the World).
Market Dynamics
- The agriculture segment is anticipated to hold a prominent market share owing to the benefits of weather forecasting for the sector such as predicting crop yield, planning irrigation, and preventing crops from natural calamities and diseases. The unpredictable climate changes in recent years are additionally contributing to the increasing need for weather forecasting in the segment.
- Asia-Pacific region is expected to grow considerably during the forecast period. The regional growth is attributed to the rapidly growing populations and Gross Domestic Product (GDP) rates in the region, increasing rates of foreign investments, technological advancements, and changing climate conditions.
The major companies serving the global weather forecasting services market include AccuWeather, Inc., International Business Machines Corporation (IBM), DTN, Earth Networks, Inc., WeatherBELL Analytics, LLC, and others. The market players are contributing significantly to the market growth by the adoption of various strategies including collaborations with private and government players and adopting new technologies such as Artificial Intelligence (AI)/ Machine Learning (ML).
Full report of Weather Forecasting Services Market available @ https://www.omrglobal.com/industry-reports/weather-forecasting-services-market
Recent Developments
- In September 2024, the Ministry of Earth Sciences launched four X-band weather radars in Mumbai. The city now has six such monitoring systems covering an area of nearly 50,000 sq km together. The radars offer a real-time view of weather systems developing in and around Mumbai. Similar systems will additionally be launched in Delhi, Chennai, and Kolkata.
- In May 2024, Zomato launched com. It is a crowd-supported weather infrastructure. It has a network of over 650 on-ground weather stations, making it the largest private infrastructure of its kind in India. It enables the users to access localized, real-time data on crucial weather parameters such as temperature, humidity, wind speed, and rainfall. It is currently operational in 45 major cities across India. The system was developed in collaboration with the Center for Atmospheric Sciences (CAS) and the Indian Institute of Technology (IIT) Delhi.
- In February 2024, the Indian Space Research Organisation (ISRO) launched a meteorological satellite INSAT-3DS aboard spacecraft GSLV F14. The satellite will study weather forecasts and natural disaster warnings. The mission was fully funded by the Ministry of Earth Sciences (MoES).
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/weather-forecasting-services-market
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
