Weather Forecasting Services Market To Reach $4.07 Billion By 2030

Weather Forecasting Services Market Growth & Trends

The global weather forecasting services market size is expected to reach USD 4.07 billion by 2030, expanding at a CAGR of 6.9% from 2025 to 2030, according to a new report by Grand View Research, Inc. Many businesses and industries such as aviation, agriculture, marine, transportation and logistics, and renewables are weather-sensitive, requiring highly accurate weather forecasting services and solutions to make decisions and operate efficiently. Climate change has led to more frequent extreme weather events, driving the demand for weather forecasting services worldwide.

The Covid-19 pandemic struck the globe in 2020, leading to travel restrictions and lockdowns. It impacted the operations of the market players owing to government regulations and supply chain disruption. Some of the market players witnessed negative or lower year-over-year (YoY) growth in revenues during the financial year. The accuracy of weather forecasts was probably reduced as lesser flights operated during the lockdown period. Other observation systems such as marine and satellites were affected to a lesser extent.

Many weather forecasting service providers offer tailored solutions to industries, meeting application-specific needs. Technological advancements such as Artificial Intelligence (AI) and Machine Learning (ML) are expected to aid in improving the weather forecast quality. Many players also offer data and analytics weather solutions to their clients, helping them mitigate risks and operate more efficiently. Market players are investing in research and technology such as automation and supercomputers for providing highly accurate weather forecasts.

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Weather Forecasting Services Market Report Highlights

• The large enterprises segment accounted for the largest revenue share in 2024.

• The medium-range segment led the market with the largest revenue share of 28.2% in 2024.

• The media segment accounted for the largest market revenue share in 2024, driven by the convergence of weather analytics and advertising strategies.

• North America dominated the weather forecasting services market with the largest revenue share of 27% in 2024.

Weather Forecasting Services Market Segmentation

Grand View Research has segmented the global weather forecasting services market on the basis of forecast, organization size, and industry:

Weather Forecasting Services Forecast Outlook (Revenue, USD Million, 2018 - 2030)

• Nowcasting

• Short-range

• Medium-range

• Long-range

Weather Forecasting Services Organization Size Outlook (Revenue, USD Million, 2018 - 2030)

• Large Enterprises

• Small & Medium Enterprises

Weather Forecasting Services Industry Outlook (Revenue, USD Million, 2018 - 2030)

• Agriculture

• Aviation

• Energy & Utilities

• Renewables

• Retail

• Manufacturing

• Media

• Logistics & Transportation

• Marine

• Others

Weather Forecasting Services Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • UK

  • Germany

  • France

  • Italy

• Asia Pacific

  • China

  • Japan

  • India

  • Australia

• Latin America

  • Brazil

  • Mexico

• Middle East & Africa

  • Saudi Arabia

  • South Africa

  • UAE