Weather Forecasting Services Market Share To Reach Scalable Heights Of Growth

Weather Forecasting Services Market Summary

The global weather forecasting services market size was valued at USD 2.73 billion in 2024 and is projected to reach USD 4.07 billion by 2030, growing at a CAGR of 6.9% from 2025 to 2030. Market growth is largely driven by the increasing demand from key sectors such as agriculture, aviation, energy, and logistics, which rely extensively on precise weather data to enhance operational safety, minimize risks, and improve efficiency. Accurate forecasting helps organizations plan ahead, optimize resource allocation, and mitigate potential losses caused by adverse weather conditions, making it an indispensable tool for decision-making across industries.

Significant technological advancements in satellite systems, radar networks, and data analytics are improving the precision and reliability of weather forecasts. The integration of artificial intelligence and machine learning algorithms is further enhancing prediction models, allowing for faster processing of complex atmospheric data. Moreover, the growing need for customized and sector-specific weather solutions is expanding the scope of applications beyond traditional meteorology, enabling industries to utilize forecasts for disaster management, energy grid optimization, and transportation safety.

The increasing frequency and severity of extreme weather events resulting from climate change have further emphasized the need for real-time and accurate forecasting systems. Governments and private enterprises are investing heavily in advanced meteorological infrastructure to strengthen early warning systems and minimize economic disruptions. Additionally, the integration of weather data with Internet of Things (IoT) platforms and smart devices is enhancing data accessibility, enabling businesses to make informed operational decisions in real time.

Key Market Trends & Insights

• North America dominated the global weather forecasting services market with the largest revenue share of 27% in 2024. The region’s dominance can be attributed to its strong technological infrastructure, high adoption rate of advanced forecasting systems, and substantial investment in research and development.
• The U.S. accounted for 88% of the North American market share in 2024, supported by the presence of major service providers, government agencies such as NOAA, and widespread use of forecasting services across industries like aviation, agriculture, and logistics.
• By organization size, the large enterprises segment accounted for the largest revenue share in 2024. Large organizations often require advanced forecasting tools and tailored data analytics to manage large-scale operations and ensure continuity during extreme weather conditions.
• By forecast type, the medium-range segment led the market with the largest revenue share of 28.2% in 2024. This segment’s dominance is due to its widespread application in sectors that require planning windows of several days to optimize resource management and minimize weather-related risks.
• By industry, the media segment accounted for the largest revenue share in 2024, driven by the continuous demand for weather updates in broadcasting, digital news, and public information services.

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Market Size & Forecast

• 2024 Market Size: 2.73 Billion
• 2030 Projected Market Size: 4.07 Billion
• CAGR (2025-2030): 6.9%
• North America: Largest market in 2024
• Asia Pacific: Fastest growing market

Key Companies & Market Share Insights

Some of the key players operating in the global market are The Weather Company LLC, and AccuWeather Inc. with among others.

• AccuWeather Inc. is a leading global provider of weather data, forecasts, and analytics, serving media, government, and enterprise clients worldwide. The company specializes in delivering hyper-local and highly accurate weather forecasting through proprietary technology and advanced algorithms. AccuWeather’s services extend beyond basic forecasts to include risk management solutions tailored for industries such as agriculture, transportation, and energy. Their extensive global reach and reliable data infrastructure make them a preferred partner in critical decision-making processes.
• The Weather Company LLC (Owned by IBM) leverages big data and artificial intelligence to provide actionable weather insights to businesses and consumers. It specializes in delivering advanced weather models and forecasts that help industries like insurance, retail, and utilities optimize operations and mitigate weather-related risks. The company’s cloud-based platform, powered by IBM’s Watson, enables scalable, data-driven decision-making with predictive analytics. Its robust data assets and technological capabilities underpin its leadership in the digital weather services market.

Climavision and Pelmorex Corp. are some of the emerging market participants in the weather forecasting services industry.

• Climavision is an innovative weather intelligence firm focused on delivering hyper-local forecasts through a network of proprietary weather stations and advanced machine learning models. The company aims to disrupt traditional forecasting by providing precise, real-time weather data tailored to enterprise needs. Climavision is rapidly gaining traction in sectors such as energy, agriculture, and insurance by enabling more granular weather risk assessments. Its investment in edge computing and data analytics marks it as a promising player in next-generation weather services.
• Pelmorex Corp. is a Canadian-based weather services company best known for operating The Weather Network and Weather Network websites, delivering weather data and forecasts to consumers across North America. It specializes in broadcast and digital weather content, supported by proprietary forecasting models and real-time weather monitoring systems. Pelmorex leverages big data analytics and AI to enhance user engagement and provide personalized weather alerts. The company is expanding its enterprise services by targeting sectors such as agriculture, retail, and insurance with tailored weather risk solutions.

Key Players

• AccuWeather Inc.
• Vaisala Oyj (Weather)
• Climavision
• DTN LLC
• ENAV S.p.A
• Fugro
• The Weather Company LLC
• Met Office
• Precision Weather Services
• StormGeo (Alfa Laval AB)
• AEM
• Pelmorex Corp

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Conclusion

The global weather forecasting services market is poised for substantial growth, supported by technological advancements, climate change impacts, and increasing cross-industry dependence on accurate weather data. The integration of AI, IoT, and satellite systems continues to transform forecast precision and accessibility. North America maintains market leadership, while emerging economies are rapidly adopting forecasting technologies to improve disaster preparedness and resource management. As industries strive for efficiency and resilience, weather intelligence will become increasingly vital, driving innovation and investments across public and private sectors in the coming years, ensuring enhanced safety, sustainability, and economic stability worldwide.