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PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1225529
PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1225529
Weather Forecasting Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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Market Overview:
- The global weather forecasting services market size reached US$ 2.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.3 Billion by 2028, exhibiting a growth rate (CAGR) of 9.1% during 2023-2028.
- Weather forecasting is the prediction of weather with the application of innovative technologies and sciences for a specific location. It also predicts various changes on the surface of the earth caused by atmospheric conditions, such as snow and ice cover, storm tides, and floods. It assists farmers in controlling the pests and other crop diseases to spread over the field by determining the accurate period for using specific pesticides. In addition, it helps reduce weather-related losses and enhances societal benefits, such as the protection of life and property and public health and safety. As a result, weather forecasting services are used in transportation, aviation, energy and utilities, banking, financial services and insurance (BFSI), agriculture, manufacturing, and retail sectors around the world.
Weather Forecasting Services Market Trends:
- The growing demand for weather forecasting services due to uncertain climate conditions and energy transitions represents one of the key factors driving the market. Besides this, there is a rise in the utilization of weather forecasting services by farmers to determine precipitation forecasts, wind alerts, and actionable insights for managing their operations, improving yields, and maximizing profits. This, along with the increasing employment of weather forecasting services in the agriculture industry to improve the irrigation method for boosting agricultural production and farming, is contributing to the growth of the market. Moreover, the growing employment of weather forecasting services in the aviation industry for navigation in extreme weather conditions is positively influencing the market. In addition, weather forecasting services enable safe and efficient network communications for land and sea rescue, administration, and support operations, which is propelling the growth of the market. Apart from this, key market players are extensively investing in research and development (R&D) activities to introduce supercomputers for ensuring accurate weather forecasts, which is expected to bolster the market growth.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the global weather forecasting services market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on forecasting type, purpose, organization size and end user.
Breakup by Forecasting Type:
- Short-range Forecasting
- Medium-range Forecasting
- Long-range Forecasting
Breakup by Purpose:
- Operational Efficiency
- Safety
- Others
Breakup by Organization Size:
- Large Enterprises
- Small and Medium-Sized Enterprises
Breakup by End User:
- Transportation
- Aviation
- Energy and Utilities
- Banking, Financial Services and Insurance (BFSI)
- Agriculture
- Media
- Manufacturing
- Retail
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
- The competitive landscape of the industry has also been examined along with the profiles of the key players being AccuWeather Inc., AerisWeather, BMT Group, Custom Weather, DTN, ENAV S.p.A., Fugro, International Business Machines Corporation, Met Office, Precision Weather Services, Skymet Weather Services Pvt. Ltd. and StormGeo AS.
Key Questions Answered in This Report:
- How has the global weather forecasting services market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global weather forecasting services market?
- What are the key regional markets?
- What is the breakup of the market based on the forecasting type?
- What is the breakup of the market based on the purpose?
- What is the breakup of the market based on the organization size?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global weather forecasting services market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR1423A370_Report
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Weather Forecasting Services Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Forecasting Type
- 6.1 Short-range Forecasting
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Medium-range Forecasting
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Long-range Forecasting
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Purpose
- 7.1 Operational Efficiency
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Safety
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Others
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Organization Size
- 8.1 Large Enterprises
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Small and Medium-Sized Enterprises
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by End User
- 9.1 Transportation
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Aviation
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Energy and Utilities
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Banking, Financial Services and Insurance (BFSI)
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Agriculture
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 9.6 Media
- 9.6.1 Market Trends
- 9.6.2 Market Forecast
- 9.7 Manufacturing
- 9.7.1 Market Trends
- 9.7.2 Market Forecast
- 9.8 Retail
- 9.8.1 Market Trends
- 9.8.2 Market Forecast
- 9.9 Others
- 9.9.1 Market Trends
- 9.9.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 AccuWeather Inc.
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.2 AerisWeather
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.3 BMT Group
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Custom Weather
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.5 DTN
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.6 ENAV S.p.A.
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.7 Fugro
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.7.4 SWOT Analysis
- 15.3.8 International Business Machines Corporation
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 Met Office
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 Precision Weather Services
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.11 Skymet Weather Services Pvt. Ltd.
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.12 StormGeo AS
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.1 AccuWeather Inc.
Product Code: SR1423A370_Report
List of Figures
- Figure 1: Global: Weather Forecasting Services Market: Major Drivers and Challenges
- Figure 2: Global: Weather Forecasting Services Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Weather Forecasting Services Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Weather Forecasting Services Market: Breakup by Forecasting Type (in %), 2022
- Figure 5: Global: Weather Forecasting Services Market: Breakup by Purpose (in %), 2022
- Figure 6: Global: Weather Forecasting Services Market: Breakup by Organization Size (in %), 2022
- Figure 7: Global: Weather Forecasting Services Market: Breakup by End User (in %), 2022
- Figure 8: Global: Weather Forecasting Services Market: Breakup by Region (in %), 2022
- Figure 9: Global: Weather Forecasting Services (Short-range Forecasting) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Weather Forecasting Services (Short-range Forecasting) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Weather Forecasting Services (Medium-range Forecasting) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Weather Forecasting Services (Medium-range Forecasting) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Weather Forecasting Services (Long-range Forecasting) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Weather Forecasting Services (Long-range Forecasting) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Weather Forecasting Services (Operational Efficiency) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Weather Forecasting Services (Operational Efficiency) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Weather Forecasting Services (Safety) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Weather Forecasting Services (Safety) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Weather Forecasting Services (Other Purposes) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Weather Forecasting Services (Other Purposes) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Weather Forecasting Services (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Weather Forecasting Services (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Weather Forecasting Services (Small and Medium-Sized Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Weather Forecasting Services (Small and Medium-Sized Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Weather Forecasting Services (Transportation) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Weather Forecasting Services (Transportation) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Weather Forecasting Services (Aviation) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Weather Forecasting Services (Aviation) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Global: Weather Forecasting Services (Energy and Utilities) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Global: Weather Forecasting Services (Energy and Utilities) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Global: Weather Forecasting Services (Banking, Financial Services and Insurance (BFSI)) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Global: Weather Forecasting Services (Banking, Financial Services and Insurance (BFSI)) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Global: Weather Forecasting Services (Agriculture) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Global: Weather Forecasting Services (Agriculture) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: Global: Weather Forecasting Services (Media) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: Global: Weather Forecasting Services (Media) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Global: Weather Forecasting Services (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Global: Weather Forecasting Services (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Global: Weather Forecasting Services (Retail) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Global: Weather Forecasting Services (Retail) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Global: Weather Forecasting Services (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Global: Weather Forecasting Services (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: North America: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: North America: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: United States: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: United States: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Canada: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Canada: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Asia-Pacific: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Asia-Pacific: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: China: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: China: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Japan: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Japan: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: India: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: India: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: South Korea: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: South Korea: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Australia: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Australia: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Indonesia: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Indonesia: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Others: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Others: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Europe: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Europe: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Germany: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Germany: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: France: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: France: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: United Kingdom: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: United Kingdom: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Italy: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Italy: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Spain: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 76: Spain: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Russia: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 78: Russia: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Others: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 80: Others: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 81: Latin America: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 82: Latin America: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 83: Brazil: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 84: Brazil: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 85: Mexico: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 86: Mexico: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 87: Others: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 88: Others: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 89: Middle East and Africa: Weather Forecasting Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 90: Middle East and Africa: Weather Forecasting Services Market: Breakup by Country (in %), 2022
- Figure 91: Middle East and Africa: Weather Forecasting Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 92: Global: Weather Forecasting Services Industry: SWOT Analysis
- Figure 93: Global: Weather Forecasting Services Industry: Value Chain Analysis
- Figure 94: Global: Weather Forecasting Services Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Weather Forecasting Services Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Weather Forecasting Services Market Forecast: Breakup by Forecasting Type (in Million US$), 2023-2028
- Table 3: Global: Weather Forecasting Services Market Forecast: Breakup by Purpose (in Million US$), 2023-2028
- Table 4: Global: Weather Forecasting Services Market Forecast: Breakup by Organization Size (in Million US$), 2023-2028
- Table 5: Global: Weather Forecasting Services Market Forecast: Breakup by End User (in Million US$), 2023-2028
- Table 6: Global: Weather Forecasting Services Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 7: Global: Weather Forecasting Services Market: Competitive Structure
- Table 8: Global: Weather Forecasting Services Market: Key Players
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