by The global weather forecasting services market size was valued at US$ 2.4 billion in 2021 and is anticipated to grow US$ 4.6 billion by 2030, registering a CAGR of 10% from 2022 to 2030.
Key Takeaway:
- By type, the medium-range segment has contributed market share of around 25.4% in 2021.
- By organization size, the large enterprises segment hit revenue share of around 71% in 2021.
- The small and medium enterprises segment is growing at a CAGR of 7.3% during the forecast period.
- By industry, the media segment held market share of over 10.4% in 2021.
- The renewables segment is growing at a CAGR of 7.3% from 2022 to 2030.
- North America region accounted highest revenue share of around 37% in 2021.
- Asia Pacific is projected to grow at a CAGR of 6.9% during the forecast period.
The weather forecasting services market report covering various industry elements and growth trends helpful for predicting the market’s future.
The study provides a strong base for the weather forecasting services market to be segmented into different segments. In fact, the study also covers the maximum market share during the assessment period by 2030.
This study is based on the partners that are highly competitive, key players as well as their market revenue in the forecast years of 2022 to 2030. There is also a strong focus on product revenues, sales, product categories and even the products that are experiencing the most traction. In this manner, the weather forecasting services report also speaks about the effectiveness of this market along with its growth during the forecast period of 2030. Other major attributes of the weather forecasting services market have been studied and analysed across many developments.
Report Scope of the Weather Forecasting Service Market
| Report Coverage | Details |
| Market Size in 2022 | USD 2.58 Billion |
| Market Size by 2030 | USD 4.6 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 10% |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Industry, Organization Size, Purpose, Type, and Geography |
Research Approach
The comprehensive report on the global weather forecasting services market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global weather forecasting services market.
It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
Key Players
- AccuWeather, Inc.
- DTN
- Earth Networks
- Fugro
- Met Office
- Precision Weather Service
- Spire Global
- StormGeo
- The Tomorrow Companies Inc.
- The Weather Company (IBM)
Market Segmentations
By Industry
- Transportation
- Aviation
- Energy & Utilities
- Banking Financial Services & Insurance (BFSI)
- Agriculture
- Media
- Manufacturing
- Retail
- Others
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Purpose
- Operational Efficiency
- Safety
- Others
By Type
- Nowcasting
- Short-range
- Medium-range
- Long-range
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa (MEA)
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Weather Forecasting Service Market
5.1. COVID-19 Landscape: Weather Forecasting Service Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Weather Forecasting Service Market, By Industry
8.1. Weather Forecasting Service Market, by Industry, 2022-2030
8.1.1. Transportation
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Aviation
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Energy & Utilities
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Banking Financial Services & Insurance (BFSI)
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Agriculture
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. Media
8.1.6.1. Market Revenue and Forecast (2017-2030)
8.1.7. Manufacturing
8.1.7.1. Market Revenue and Forecast (2017-2030)
8.1.8. Retail
8.1.8.1. Market Revenue and Forecast (2017-2030)
8.1.9. Others
8.1.59.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Weather Forecasting Service Market, By Organization Size
9.1. Weather Forecasting Service Market, by Organization Size, 2022-2030
9.1.1. Large Enterprises
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Large Enterprises
9.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Weather Forecasting Service Market, By Purpose
10.1. Weather Forecasting Service Market, by Purpose, 2022-2030
10.1.1. Operational Efficiency
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Safety
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Others
10.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Weather Forecasting Service Market, By Type
11.1. Weather Forecasting Service Market, by Type, 2022-2030
11.1.1. Nowcasting
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Short-range
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. Medium-range
11.1.3.1. Market Revenue and Forecast (2017-2030)
11.1.4. Medium-range
11.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Weather Forecasting Service Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Industry (2017-2030)
12.1.2. Market Revenue and Forecast, by Organization Size (2017-2030)
12.1.3. Market Revenue and Forecast, by Purpose (2017-2030)
12.1.4. Market Revenue and Forecast, by Type (2017-2030)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Industry (2017-2030)
12.1.5.2. Market Revenue and Forecast, by Organization Size (2017-2030)
12.1.5.3. Market Revenue and Forecast, by Purpose (2017-2030)
12.1.5.4. Market Revenue and Forecast, by Type (2017-2030)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Industry (2017-2030)
12.1.6.2. Market Revenue and Forecast, by Organization Size (2017-2030)
12.1.6.3. Market Revenue and Forecast, by Purpose (2017-2030)
12.1.6.4. Market Revenue and Forecast, by Type (2017-2030)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Industry (2017-2030)
12.2.2. Market Revenue and Forecast, by Organization Size (2017-2030)
12.2.3. Market Revenue and Forecast, by Purpose (2017-2030)
12.2.4. Market Revenue and Forecast, by Type (2017-2030)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Industry (2017-2030)
12.2.5.2. Market Revenue and Forecast, by Organization Size (2017-2030)
12.2.5.3. Market Revenue and Forecast, by Purpose (2017-2030)
12.2.5.4. Market Revenue and Forecast, by Type (2017-2030)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Industry (2017-2030)
12.2.6.2. Market Revenue and Forecast, by Organization Size (2017-2030)
12.2.6.3. Market Revenue and Forecast, by Purpose (2017-2030)
12.2.6.4. Market Revenue and Forecast, by Type (2017-2030)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Industry (2017-2030)
12.2.7.2. Market Revenue and Forecast, by Organization Size (2017-2030)
12.2.7.3. Market Revenue and Forecast, by Purpose (2017-2030)
12.2.7.4. Market Revenue and Forecast, by Type (2017-2030)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Industry (2017-2030)
12.2.8.2. Market Revenue and Forecast, by Organization Size (2017-2030)
12.2.8.3. Market Revenue and Forecast, by Purpose (2017-2030)
12.2.8.4. Market Revenue and Forecast, by Type (2017-2030)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Industry (2017-2030)
12.3.2. Market Revenue and Forecast, by Organization Size (2017-2030)
12.3.3. Market Revenue and Forecast, by Purpose (2017-2030)
12.3.4. Market Revenue and Forecast, by Type (2017-2030)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Industry (2017-2030)
12.3.5.2. Market Revenue and Forecast, by Organization Size (2017-2030)
12.3.5.3. Market Revenue and Forecast, by Purpose (2017-2030)
12.3.5.4. Market Revenue and Forecast, by Type (2017-2030)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Industry (2017-2030)
12.3.6.2. Market Revenue and Forecast, by Organization Size (2017-2030)
12.3.6.3. Market Revenue and Forecast, by Purpose (2017-2030)
12.3.6.4. Market Revenue and Forecast, by Type (2017-2030)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Industry (2017-2030)
12.3.7.2. Market Revenue and Forecast, by Organization Size (2017-2030)
12.3.7.3. Market Revenue and Forecast, by Purpose (2017-2030)
12.3.7.4. Market Revenue and Forecast, by Type (2017-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Industry (2017-2030)
12.3.8.2. Market Revenue and Forecast, by Organization Size (2017-2030)
12.3.8.3. Market Revenue and Forecast, by Purpose (2017-2030)
12.3.8.4. Market Revenue and Forecast, by Type (2017-2030)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Industry (2017-2030)
12.4.2. Market Revenue and Forecast, by Organization Size (2017-2030)
12.4.3. Market Revenue and Forecast, by Purpose (2017-2030)
12.4.4. Market Revenue and Forecast, by Type (2017-2030)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Industry (2017-2030)
12.4.5.2. Market Revenue and Forecast, by Organization Size (2017-2030)
12.4.5.3. Market Revenue and Forecast, by Purpose (2017-2030)
12.4.5.4. Market Revenue and Forecast, by Type (2017-2030)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Industry (2017-2030)
12.4.6.2. Market Revenue and Forecast, by Organization Size (2017-2030)
12.4.6.3. Market Revenue and Forecast, by Purpose (2017-2030)
12.4.6.4. Market Revenue and Forecast, by Type (2017-2030)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Industry (2017-2030)
12.4.7.2. Market Revenue and Forecast, by Organization Size (2017-2030)
12.4.7.3. Market Revenue and Forecast, by Purpose (2017-2030)
12.4.7.4. Market Revenue and Forecast, by Type (2017-2030)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Industry (2017-2030)
12.4.8.2. Market Revenue and Forecast, by Organization Size (2017-2030)
12.4.8.3. Market Revenue and Forecast, by Purpose (2017-2030)
12.4.8.4. Market Revenue and Forecast, by Type (2017-2030)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Industry (2017-2030)
12.5.2. Market Revenue and Forecast, by Organization Size (2017-2030)
12.5.3. Market Revenue and Forecast, by Purpose (2017-2030)
12.5.4. Market Revenue and Forecast, by Type (2017-2030)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Industry (2017-2030)
12.5.5.2. Market Revenue and Forecast, by Organization Size (2017-2030)
12.5.5.3. Market Revenue and Forecast, by Purpose (2017-2030)
12.5.5.4. Market Revenue and Forecast, by Type (2017-2030)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Industry (2017-2030)
12.5.6.2. Market Revenue and Forecast, by Organization Size (2017-2030)
12.5.6.3. Market Revenue and Forecast, by Purpose (2017-2030)
12.5.6.4. Market Revenue and Forecast, by Type (2017-2030)
Chapter 13. Company Profiles
13.1. AccuWeather, Inc.
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. DTN
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Earth Networks
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Fugro
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Met Office
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Precision Weather Service
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Spire Global
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. StormGeo
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. The Tomorrow Companies Inc.
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. The Weather Company (IBM)
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
Why should you invest in this report?
If you are aiming to enter the global weather forecasting services market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for weather forecasting services are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
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