Weather Forecasting Service Market Report 2025 (Global Edition)

Global Weather Forecasting Service Market Report 2025 Market Size Split by Forecast Type Outlook: (Nowcast, Short-Range, Medium Range, Extended Range, Long Range), by Purpose Outlook: (Safety, Operati...

Weather Forecasting Service Market Report Description

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Competitive Landscape of the Weather Forecasting Service Market

The competitive landscape of the Weather Forecasting Service Market is characterized by the presence of established players like the Weather Company, AccuWeather, and the National Weather Service, as well as newer entrants leveraging advanced technologies like AI and big data analytics. Key players differentiate themselves through their accuracy, timeliness, and range of services offered, including hyper-local forecasts, climate predictions, and disaster warnings. The market is also influenced by collaborations with tech companies to integrate weather data into smart devices and IoT applications, enhancing service accessibility and market reach.

In May 2023, Spire Global unveiled the Deep Navigation Analytics (DNA) Platform. This unified space-powered platform provides maritime enterprises with critical information through three levels: maritime weather information APIs, actionable information APIs, decision-making tools, and visualizations. The platform uses the company's proprietary weather prediction algorithm and radio occultation (RO) data from its operating satellite constellation. It ensures that consumers have access to the most up-to-date and precise data available by using RO data to create 15-day global weather forecasts. (Source: https://spire.com/press-release/spire-global-launches-a-space-powered-weather-insights-platform-for-the-maritime-industry/) In April 2023, AccuWeather, Inc. announced the release of the WeatherShow Enhancer, a cutting-edge hardware and software display system. By adding more special effects to weather presentations, this cutting-edge technology elevates the meteorologist's storytelling and improves the system's overall appearance and functionality. The WeatherShow Enhancer seeks to lower production costs while improving the dynamic and captivating nature of current weather systems. (Source: https://www.accuweather.com/en/press/accuweather-unveils-weathershow-enhancer-at-nab-2023/1507677) In June 2022, General Electric and Climavision announced a collaboration to help GE Digital's electric utility customers improve their weather forecasting skills and efficiently get ready for powerful storms. Through this strategic relationship, GE Digital enhances its weather intelligence capabilities by incorporating Climavision's cutting-edge global weather forecasting technology into its Advanced Distribution Management Solutions (ADMS), Storm Assist, and Storm Readiness solutions. (Source: https://climavision.com/wp-content/uploads/2022/09/GE-and-Climavision-PR.pdf)

Top Companies Market Share in Weather Forecasting Service Industry: (In no particular order of Rank)

• AccuWeather Inc.
• DTN
• Earth Networks
• Met Office
• Precision Weather Service
• Spire Global
• StormGeo
• The Tomorrow Companies Inc.
• The Weather Company (IBM)
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Weather Forecasting Service Market

Which Region Dominates the Weather Forecasting Service Market in 2024?

According to Cognitive Market Research, North America currently dominates the Weather Forecasting Services market, and the region is expected to have significant growth during the projected period. This is due to its advanced meteorological infrastructure, high investments in weather monitoring technologies, and the presence of major meteorological service providers. The region's comprehensive weather forecasting capabilities and data analytics expertise contribute significantly to its market leadership.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). This growth is driven by increasing demand for advanced weather prediction technologies and services in sectors like agriculture, energy, and urban planning across emerging economies in the region.

The current report Scope analyzes Weather Forecasting Service Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Weather Forecasting Service

According to Cognitive Market Research, the global Weather Forecasting Service market size was estimated at USD 1621.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 648.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Weather Forecasting Service market with a market size of USD 511.75 million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. The US region benefits from advanced technology, strong demand, and extensive weather services.
• The Canada Weather Forecasting Service market had a market share of USD 77.83 million in 2024 and is projected to grow at a CAGR of 7.5% during the forecast period. Advanced meteorological technologies and expanding services drive Canada's growth in the Weather Forecasting Service market.
• The Mexico Weather Forecasting Service market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 59.02 million in 2024.

Europe Weather Forecasting Service

According to Cognitive Market Research, the global Weather Forecasting Service market size was estimated at USD 1621.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 486.45 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.

• The United Kingdom Weather Forecasting Service market had a market share of USD 81.72 million in 2024 and is projected to grow at a CAGR of 7.8% during the forecast period. In the UK, Weather Forecasting Service sales witness an upswing due to advanced technology and data analytics.
• The France Weather Forecasting Service market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 44.75 million in 2024.
• According to Cognitive Market Research, the German Weather Forecasting Service market size was valued at USD 96.32 million in 2024 and is projected to grow at a CAGR of 7.2% during the forecast period. In Germany, Weather Forecasting Service surged due to advanced technology and data analytics.
• The Italy Weather Forecasting Service market is projected to witness growth at a CAGR of 6.4% during the forecast period, with a market size of USD 41.83 million in 2024.
• The Russia Weather Forecasting Service market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 75.40 million in 2024.
• The Spain Weather Forecasting Service market is projected to witness growth at a CAGR of 6.1% during the forecast period with a market size of USD 39.89 million in 2024
• The Luxembourg Weather Forecasting Service market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD 15.08 million in 2024.
• The Portugal Weather Forecasting Service market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 10.22 million in 2024.
• The Greece Weather Forecasting Service market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 5.84 million in 2024.
• The Rest of Europe's Weather Forecasting Service market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 75.40 million in 2024.

Asia Pacific Weather Forecasting Service

According to Cognitive Market Research, the global Weather Forecasting Service market size was estimated at USD 1621.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 372.95 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Weather Forecasting Service market size was valued at USD 167.83 million in 2024 and is projected to grow at a CAGR of 10.0% during the forecast period. Weather Forecasting Service surged in China due to technological advancements and demand for precise forecasts.
• The Japan Weather Forecasting Service market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD 51.47 million in 2024.
• The India Weather Forecasting Service market had a market share of USD 44.75 million in 2024 and is projected to grow at a CAGR of 12.3% during the forecast period. India's rapid urbanization boosts growth in the Weather Forecasting Service market .
• The South Korean Weather Forecasting Service market is projected to witness growth at a CAGR of 9.6% during the forecast period, with a market size of USD 37.29 million in 2024.
• The Australian Weather Forecasting Service market is projected to witness growth at a CAGR of 10.2% during the forecast period, with a market size of USD 19.39 million in 2024.
• The South East Asia Weather Forecasting Service market is projected to witness growth at a CAGR of 11.5% during the forecast period, with a market size of USD 25.73 million in 2024.
• The Rest of Asia Pacific Weather Forecasting Service market is projected to witness growth at a CAGR of 10.3% during the forecast period, with a market size of USD 26.48 million in 2024.

South America Weather Forecasting Service

According to Cognitive Market Research, the global Weather Forecasting Service market size was estimated at USD 1621.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 81.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Weather Forecasting Service market size was valued at USD 34.70 million in 2024 and is projected to grow at a CAGR of 8.5% during the forecast period. Weather Forecasting Services flourished in Brazil due to agricultural needs and climate risks.
• Argentina's Weather Forecasting Service market had a market share of USD 13.62 million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period. Argentina benefits from increased demand for localized weather forecasting services.
• Colombia's Weather Forecasting Service market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 7.22 million in 2024.
• Peru Weather Forecasting Service market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD 6.65 million in 2024.
• Chile's Weather Forecasting Service market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD 5.84 million in 2024.
• The Rest of Latin America's Weather Forecasting Service market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD 13.05 million in 2024.

Middle East Weather Forecasting Service

According to Cognitive Market Research, the global Weather Forecasting Service market size was estimated at USD 1621.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 32.43 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031..

• The GCC Countries Weather Forecasting Service market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD 13.88 million in 2024. Weather Forecasting Service sales flourish due to increased demand and technological advancements.
• The Egypt Weather Forecasting Service market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 3.41 million in 2024.
• The South Africa Weather Forecasting Service market is projected to witness growth at a CAGR of 9.2% during the forecast period, with a market size of USD 5.12 million in 2024. Weather Forecasting Service sales flourished in South Africa due to increasing demand for reliable.
• The Turkey Weather Forecasting Service market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 2.79 million in 2024.
• The Nigeria Weather Forecasting Service market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 3.41 million in 2024.
• The Rest of the MEA Weather Forecasting Service market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 3.83 million in 2024.

Weather Forecasting Service Market Analysis

How are Segments Performing in the Global Weather Forecasting Service Market?

Weather Forecasting Service Market Forecast Type Segment Analysis

According to Cognitive Market Research, The Short-Range Weather Forecasting Service Market is experiencing rapid growth due to its ability to provide highly accurate, localized weather predictions within a short timeframe. Advances in meteorological technologies and improved data processing capabilities enable these services to offer more precise forecasts, benefiting industries like agriculture, aviation, and emergency management. This demand for real-time, reliable weather information is driving the market's rapid expansion.

Nowcast dominates the Weather Forecasting Service Market by leveraging advanced technologies like radar and satellite data, offering highly accurate, real-time weather predictions. Their continuous updates, cutting-edge algorithms, and customized forecasts for various sectors such as agriculture, aviation, and logistics enhance their market position, making them a preferred choice for organizations requiring precise and timely weather insights. This technological edge and tailored solutions contribute to Nowcast’s largest market share.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Weather Forecasting Service Industry. Request a Free Sample PDF!

Weather Forecasting Service Market Purpose Segment Analysis

According to Cognitive Market Research, Operational efficiency in the Weather Forecasting Service Market is driven by advancements in AI, big data analytics, and automation. These technologies enable more accurate predictions, reduce costs, and enhance real-time data processing, leading to improved weather forecasts. Efficient operations lead to faster response times and better decision-making, making this market segment the fastest-growing due to its ability to meet the increasing demand for precise weather information.

In the Weather Forecasting Service Market, Safety holds the largest growing Weather Forecasting Service Market due to the increasing demand for precise weather data for disaster management, emergency preparedness, and risk assessment. Governments, businesses, and individuals rely on accurate weather forecasts to mitigate risks and enhance safety, driving the growth of safety-related weather forecasting services. Innovations in technology and data analytics further support the market expansion, making it a key driver for growth in this sector.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Weather Forecasting Service Industry Outlook: Segment Analysis

Weather Forecasting Service Market Industry Segment Analysis

According to Cognitive Market Research, the Marine holds the fastest-growing Weather Forecasting Service Market due to its critical need for accurate weather predictions to ensure safety in shipping, navigation, and offshore operations. Advances in technology, including satellite imagery and real-time data analytics, have improved forecasting accuracy, making it increasingly valuable for marine industries to optimize routes, reduce risks, and enhance operational efficiency.

In the Weather Forecasting Service market, the rapid growing sector is Transport and Logistics sector holds the largest growing Weather Forecasting Service Market due to its critical reliance on accurate weather predictions for efficient route planning, minimizing delays, and reducing operational costs. Enhanced weather data helps companies in this sector manage risks related to adverse weather conditions, ensuring smoother logistics and supply chain operations, thus driving the demand for precise weather forecasting services.

• Transport and Logistics
• Marine
• Aviation
• Media
• Oil and Gas
• Agriculture and Forestry
• Insurance
• Retail
• Energy and Utilities
• Construction and Mining

Weather Forecasting Service Organisation Size Outlook: Segment Analysis

Weather Forecasting Service Market Organization Size Segment Analysis

According to Cognitive Market Research, Small and Medium-Sized Enterprises (SMEs) are driving the fastest growth in the Weather Forecasting Service Market due to their increasing demand for accurate, real-time weather data to manage risks and optimize operations. These enterprises leverage advanced weather forecasting technologies to enhance decision-making, minimize disruptions, and improve efficiency in sectors like agriculture, logistics, and construction, making them key drivers in the market's rapid expansion.

Large enterprises dominate the fastest-growing segment of the Weather Forecasting Service Market due to their extensive resources, advanced technology investments, and ability to leverage big data analytics for more accurate and predictive weather models. Their capability to offer specialized services to various industries, such as agriculture, transportation, and energy, enhances their market share and growth potential.

• Large Enterprises
• Small and Medium-Sized Enterprises

Author's Detail

Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modeling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.

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