Weather Forecasting Services Market Size 2025-2029
The weather forecasting services market size is forecast to increase by USD 1.6 billion, at a CAGR of 11.8% between 2024 and 2029.
- The market is driven by the increasing reliance on accurate weather information in various sectors, particularly agriculture and renewable energy. Farmers heavily depend on weather forecasting services to optimize crop production and mitigate potential losses due to extreme weather conditions. Additionally, the production of renewable energy, such as wind and solar, is heavily influenced by weather patterns, making precise weather forecasting essential for efficient energy generation and grid management. However, the market faces challenges in providing reliable and accurate weather forecasts due to the complexities of weather forecasting models. These models require vast amounts of data and sophisticated algorithms to account for various weather patterns and climate conditions.
- Ensuring the accuracy and reliability of these models is a significant challenge for market participants, as even minor errors can result in substantial consequences for industries and individuals relying on the forecasts. Companies must invest in advanced technologies and research to improve the accuracy of their weather forecasting models and maintain their competitive edge in this market.
What will be the Size of the Weather Forecasting Services Market during the forecast period?
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Method
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ million)
- Data Table on Global - Market size and forecast 2024-2029 ($ million)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
- 5.1 Global Weather Forecasting Services Market 2019 - 2023
- Historic Market Size - Data Table on Global Weather Forecasting Services Market 2019 - 2023 ($ million)
- 5.2 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ million)
- 5.3 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ million)
- 5.4 Method segment analysis 2019 - 2023
- Historic Market Size - Method Segment 2019 - 2023 ($ million)
- 5.5 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)
- 5.6 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
- 6.1 Impact of AI on the global weather forecasting services market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Type
- 8.1 Market segments
- Chart on Type - Market share 2024-2029 (%)
- Data Table on Type - Market share 2024-2029 (%)
- 8.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 8.3 Medium-range - Market size and forecast 2024-2029
- Chart on Medium-range - Market size and forecast 2024-2029 ($ million)
- Data Table on Medium-range - Market size and forecast 2024-2029 ($ million)
- Chart on Medium-range - Year-over-year growth 2024-2029 (%)
- Data Table on Medium-range - Year-over-year growth 2024-2029 (%)
- 8.4 Long-range - Market size and forecast 2024-2029
- Chart on Long-range - Market size and forecast 2024-2029 ($ million)
- Data Table on Long-range - Market size and forecast 2024-2029 ($ million)
- Chart on Long-range - Year-over-year growth 2024-2029 (%)
- Data Table on Long-range - Year-over-year growth 2024-2029 (%)
- 8.5 Short-range - Market size and forecast 2024-2029
- Chart on Short-range - Market size and forecast 2024-2029 ($ million)
- Data Table on Short-range - Market size and forecast 2024-2029 ($ million)
- Chart on Short-range - Year-over-year growth 2024-2029 (%)
- Data Table on Short-range - Year-over-year growth 2024-2029 (%)
- 8.6 Nowcasting - Market size and forecast 2024-2029
- Chart on Nowcasting - Market size and forecast 2024-2029 ($ million)
- Data Table on Nowcasting - Market size and forecast 2024-2029 ($ million)
- Chart on Nowcasting - Year-over-year growth 2024-2029 (%)
- Data Table on Nowcasting - Year-over-year growth 2024-2029 (%)
- 8.7 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)
9 Market Segmentation by Application
- 9.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)
- 9.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
- 9.3 Energy and utilities - Market size and forecast 2024-2029
- Chart on Energy and utilities - Market size and forecast 2024-2029 ($ million)
- Data Table on Energy and utilities - Market size and forecast 2024-2029 ($ million)
- Chart on Energy and utilities - Year-over-year growth 2024-2029 (%)
- Data Table on Energy and utilities - Year-over-year growth 2024-2029 (%)
- 9.4 Aviation - Market size and forecast 2024-2029
- Chart on Aviation - Market size and forecast 2024-2029 ($ million)
- Data Table on Aviation - Market size and forecast 2024-2029 ($ million)
- Chart on Aviation - Year-over-year growth 2024-2029 (%)
- Data Table on Aviation - Year-over-year growth 2024-2029 (%)
- 9.5 Media and consumer - Market size and forecast 2024-2029
- Chart on Media and consumer - Market size and forecast 2024-2029 ($ million)
- Data Table on Media and consumer - Market size and forecast 2024-2029 ($ million)
- Chart on Media and consumer - Year-over-year growth 2024-2029 (%)
- Data Table on Media and consumer - Year-over-year growth 2024-2029 (%)
- 9.6 Logistics and transportation - Market size and forecast 2024-2029
- Chart on Logistics and transportation - Market size and forecast 2024-2029 ($ million)
- Data Table on Logistics and transportation - Market size and forecast 2024-2029 ($ million)
- Chart on Logistics and transportation - Year-over-year growth 2024-2029 (%)
- Data Table on Logistics and transportation - Year-over-year growth 2024-2029 (%)
- 9.7 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
- 9.8 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)
10 Market Segmentation by Method
- 10.1 Market segments
- Chart on Method - Market share 2024-2029 (%)
- Data Table on Method - Market share 2024-2029 (%)
- 10.2 Comparison by Method
- Chart on Comparison by Method
- Data Table on Comparison by Method
- 10.3 Ground-based - Market size and forecast 2024-2029
- Chart on Ground-based - Market size and forecast 2024-2029 ($ million)
- Data Table on Ground-based - Market size and forecast 2024-2029 ($ million)
- Chart on Ground-based - Year-over-year growth 2024-2029 (%)
- Data Table on Ground-based - Year-over-year growth 2024-2029 (%)
- 10.4 Satellite-based - Market size and forecast 2024-2029
- Chart on Satellite-based - Market size and forecast 2024-2029 ($ million)
- Data Table on Satellite-based - Market size and forecast 2024-2029 ($ million)
- Chart on Satellite-based - Year-over-year growth 2024-2029 (%)
- Data Table on Satellite-based - Year-over-year growth 2024-2029 (%)
- 10.5 Model-based - Market size and forecast 2024-2029
- Chart on Model-based - Market size and forecast 2024-2029 ($ million)
- Data Table on Model-based - Market size and forecast 2024-2029 ($ million)
- Chart on Model-based - Year-over-year growth 2024-2029 (%)
- Data Table on Model-based - Year-over-year growth 2024-2029 (%)
- 10.6 Market opportunity by Method
- Market opportunity by Method ($ million)
- Data Table on Market opportunity by Method ($ million)
11 Customer Landscape
- 11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
- 12.1 Geographic segmentation
- Chart on Market share by geography 2024-2029 (%)
- Data Table on Market share by geography 2024-2029 (%)
- 12.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 12.3 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ million)
- Data Table on North America - Market size and forecast 2024-2029 ($ million)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
- 12.4 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ million)
- Data Table on APAC - Market size and forecast 2024-2029 ($ million)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)
- 12.5 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
- 12.6 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ million)
- Data Table on South America - Market size and forecast 2024-2029 ($ million)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)
- 12.7 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- 12.8 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ million)
- Data Table on US - Market size and forecast 2024-2029 ($ million)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
- 12.9 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ million)
- Data Table on Canada - Market size and forecast 2024-2029 ($ million)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
- 12.10 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ million)
- Data Table on China - Market size and forecast 2024-2029 ($ million)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
- 12.11 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ million)
- Data Table on Japan - Market size and forecast 2024-2029 ($ million)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)
- 12.12 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)
- 12.13 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
- 12.14 South Korea - Market size and forecast 2024-2029
- Chart on South Korea - Market size and forecast 2024-2029 ($ million)
- Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
- Chart on South Korea - Year-over-year growth 2024-2029 (%)
- Data Table on South Korea - Year-over-year growth 2024-2029 (%)
- 12.15 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ million)
- Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
- 12.16 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ million)
- Data Table on France - Market size and forecast 2024-2029 ($ million)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
- 12.17 Italy - Market size and forecast 2024-2029
- Chart on Italy - Market size and forecast 2024-2029 ($ million)
- Data Table on Italy - Market size and forecast 2024-2029 ($ million)
- Chart on Italy - Year-over-year growth 2024-2029 (%)
- Data Table on Italy - Year-over-year growth 2024-2029 (%)
- 12.18 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
13 Drivers, Challenges, and Opportunity/Restraints
- 13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 13.4 Market opportunities/restraints
14 Competitive Landscape
- 14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 14.3 Landscape disruption
- Overview on factors of disruption
- 14.4 Industry risks
- Impact of key risks on business
15 Competitive Analysis
- 15.2 Company ranking index
- 15.3 Market positioning of companies
- Matrix on companies position and classification
- 15.4 AccuWeather Inc.
- AccuWeather Inc. - Overview
- AccuWeather Inc. - Product / Service
- AccuWeather Inc. - Key offerings
- SWOT
- 15.5 Advanced Environmental Monitoring LLC
- Advanced Environmental Monitoring LLC - Overview
- Advanced Environmental Monitoring LLC - Product / Service
- Advanced Environmental Monitoring LLC - Key offerings
- SWOT
- 15.6 Alfa Laval AB
- Alfa Laval AB - Overview
- Alfa Laval AB - Business segments
- Alfa Laval AB - Key news
- Alfa Laval AB - Key offerings
- Alfa Laval AB - Segment focus
- SWOT
- 15.7 BMT Group Ltd.
- BMT Group Ltd. - Overview
- BMT Group Ltd. - Product / Service
- BMT Group Ltd. - Key offerings
- SWOT
- 15.8 DTN LLC
- DTN LLC - Overview
- DTN LLC - Product / Service
- DTN LLC - Key offerings
- SWOT
- 15.9 ENAV Spa
- ENAV Spa - Overview
- ENAV Spa - Product / Service
- ENAV Spa - Key offerings
- SWOT
- 15.10 Fugro NV
- Fugro NV - Overview
- Fugro NV - Business segments
- Fugro NV - Key offerings
- Fugro NV - Segment focus
- SWOT
- 15.11 International Business Machines Corp.
- International Business Machines Corp. - Overview
- International Business Machines Corp. - Business segments
- International Business Machines Corp. - Key news
- International Business Machines Corp. - Key offerings
- International Business Machines Corp. - Segment focus
- SWOT
- 15.12 Met Office
- Met Office - Overview
- Met Office - Product / Service
- Met Office - Key offerings
- SWOT
- 15.13 Precision Weather Forecasting Inc.
- Precision Weather Forecasting Inc. - Overview
- Precision Weather Forecasting Inc. - Product / Service
- Precision Weather Forecasting Inc. - Key offerings
- SWOT
- 15.14 Skymet Weather Services Pvt. Ltd.
- Skymet Weather Services Pvt. Ltd. - Overview
- Skymet Weather Services Pvt. Ltd. - Product / Service
- Skymet Weather Services Pvt. Ltd. - Key offerings
- SWOT
- 15.15 Skyview Systems
- Skyview Systems - Overview
- Skyview Systems - Product / Service
- Skyview Systems - Key offerings
- SWOT
- 15.16 Spire Global Inc.
- Spire Global Inc. - Overview
- Spire Global Inc. - Product / Service
- Spire Global Inc. - Key offerings
- SWOT
- 15.17 The Tomorrow Companies Inc.
- The Tomorrow Companies Inc. - Overview
- The Tomorrow Companies Inc. - Product / Service
- The Tomorrow Companies Inc. - Key offerings
- SWOT
- 15.18 Vaisala Oyj
- Vaisala Oyj - Overview
- Vaisala Oyj - Business segments
- Vaisala Oyj - Key news
- Vaisala Oyj - Key offerings
- Vaisala Oyj - Segment focus
- SWOT
16 Appendix
- 16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 16.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 16.4 Research methodology
- 16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 16.9 360 degree market analysis
- 360 degree market analysis
- 16.10 List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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