Weather Forecasting Services Market by Forecasting Type (Long-Range Forecasting, Medium-Range Forecasting, Short-Range Forecasting), Purpose (Operational Efficiency, Safety), End-User Industry - Global Forecast 2023-2030

Weather Forecasting Services Market by Forecasting Type (Long-Range Forecasting, Medium-Range Forecasting, Short-Range Forecasting), Purpose (Operational Efficiency, Safety), End-User Industry - Global Forecast 2023-2030


The Weather Forecasting Services Market size was estimated at USD 2.43 billion in 2022 and expected to reach USD 2.70 billion in 2023, at a CAGR 11.46% to reach USD 5.80 billion by 2030.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Weather Forecasting Services Market.
  • Based on Forecasting Type, market is studied across Long-Range Forecasting, Medium-Range Forecasting, and Short-Range Forecasting. The Short-Range Forecasting is projected to witness significant market share during forecast period.
  • Based on Purpose, market is studied across Operational Efficiency and Safety. The Safety is projected to witness significant market share during forecast period.
  • Based on End-User Industry, market is studied across Agriculture, Aviation, Banking Financial Services & Insurance, Energy & Utilities, Manufacturing, Media, Retail & Consumer Goods, and Transportation. The Retail & Consumer Goods is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Weather Forecasting Services Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Weather Forecasting Services Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Weather Forecasting Services Market, highlighting leading vendors and their innovative profiles. These include AccuWeather, Inc., CustomWeather, Inc., DTN, Inc., Earth Networks, Inc., ENAV S.p.A., International Business Machines Corporation, Jupiter Intelligence, Inc., Meteo-Logic Ltd., METEOSIM SL, Precision Weather Services, Saildrone, Inc., Skymet Weather Services Pvt., Speedwell Weather Ltd., StormGeo AS, TempoQuest Inc., The Tomorrow Companies Inc., Weather Routing, Inc., and WeatherBELL Analytics LLC.

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Weather Forecasting Services Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Weather Forecasting Services Market?
  3. What is the competitive strategic window for identifying opportunities in the Weather Forecasting Services Market?
  4. What are the latest technology trends and regulatory frameworks in the Weather Forecasting Services Market?
  5. What is the market share of the leading vendors in the Weather Forecasting Services Market?
  6. Which modes and strategic moves are suitable for entering the Weather Forecasting Services Market?


Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Weather Forecasting Services Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increase in desire to improve performance & operational efficiency of weather forecasting services
5.1.1.2. Demand for weather forecasting services in modern-day agriculture
5.1.1.3. Need to Improving safety in airplane operations
5.1.2. Restraints
5.1.2.1. Complexities associated with weather forecasting models
5.1.3. Opportunities
5.1.3.1. Incorporation of weather forecasting services by transport and logistics sectors
5.1.3.2. Technological advancements in computing systems for development of weather forecasting services
5.1.4. Challenges
5.1.4.1. Lack of skilled workforce and frequent occurrence of false weather alarms
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Weather Forecasting Services Market, by Forecasting Type
6.1. Introduction
6.2. Long-Range Forecasting
6.3. Medium-Range Forecasting
6.4. Short-Range Forecasting
7. Weather Forecasting Services Market, by Purpose
7.1. Introduction
7.2. Operational Efficiency
7.3. Safety
8. Weather Forecasting Services Market, by End-User Industry
8.1. Introduction
8.2. Agriculture
8.3. Aviation
8.4. Banking Financial Services & Insurance
8.5. Energy & Utilities
8.6. Manufacturing
8.7. Media
8.8. Retail & Consumer Goods
8.9. Transportation
9. Americas Weather Forecasting Services Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Weather Forecasting Services Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Weather Forecasting Services Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. AccuWeather, Inc.
13.1.2. CustomWeather, Inc.
13.1.3. DTN, Inc.
13.1.4. Earth Networks, Inc.
13.1.5. ENAV S.p.A.
13.1.6. International Business Machines Corporation
13.1.7. Jupiter Intelligence, Inc.
13.1.8. Meteo-Logic Ltd.
13.1.9. METEOSIM SL
13.1.10. Precision Weather Services
13.1.11. Saildrone, Inc.
13.1.12. Skymet Weather Services Pvt.
13.1.13. Speedwell Weather Ltd.
13.1.14. StormGeo AS
13.1.15. TempoQuest Inc.
13.1.16. The Tomorrow Companies Inc.
13.1.17. Weather Routing, Inc.
13.1.18. WeatherBELL Analytics LLC
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing

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