Weather Forecasting Services Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Weather Forecasting Services Market Report is Segmented by Forecasting Type (Short-Range Forecasting, Medium-Range Forecasting, and Long-Range Forecasting), by End User (Transportation & Logistics, Government and Defense, Energy, Utilities, and Mining, Banking, Financial Services and Insurance (BFSI), Agriculture & Forestry, Other End Users), and by Geography (North America, Europe, Asia Pacific, Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Weather Forecasting Services Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Weather Forecasting Services Market Size

Weather Forecasting Services Market Summary
Study Period 2020 - 2030
Market Size (2025) USD 3.47 Billion
Market Size (2030) USD 4.90 Billion
CAGR (2025 - 2030) 7.17 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Weather Forecasting Services Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Weather Forecasting Services Market Analysis

The Weather Forecasting Services Market size is estimated at USD 3.47 billion in 2025, and is expected to reach USD 4.90 billion by 2030, at a CAGR of 7.17% during the forecast period (2025-2030).

With the increasing impact of climate change on the frequency and intensity of extreme weather events, industries such as agriculture, aviation, disaster management, and consumer applications are placing greater reliance on accurate and timely weather forecasting. Organizations, governments, and individuals are leveraging these services to mitigate risks and make data-driven decisions. This rising demand is driven by advancements in technology, data analytics, and artificial intelligence, which have significantly enhanced the precision and dependability of weather predictions.

  • Climate change has intensified weather volatility, leading to a rise in severe natural disasters, including hurricanes, heatwaves, floods, droughts, and wildfires. In response, governments, enterprises, and individuals are increasingly leveraging weather forecasting solutions to manage risks associated with these extremes. Accurate weather predictions and early warning systems are essential for disaster preparedness, enabling authorities to evacuate high-risk areas, optimize resource allocation, and mitigate economic losses.
  • For instance, the increasing frequency of hurricanes in coastal regions underscores the critical need for real-time weather monitoring to safeguard lives and assets. This growing focus on climate-related disasters has significantly driven demand for advanced meteorological solutions.
  • Weather patterns have always been a critical factor in agriculture, directly impacting crop yields and farm productivity. However, the agricultural sector's reliance on accurate weather forecasting has significantly intensified with increasing climate variability and mounting food security concerns.
  • As climate change disrupts traditional farming cycles, accurate weather forecasting has become essential. Unpredictable events such as erratic rainfall, prolonged droughts, and unexpected frosts can cause substantial crop losses if not anticipated. Modern forecasting tools empower farmers to predict these challenges and implement mitigation strategies, ensuring minimal losses and maximum productivity. Governments, research institutions, and private meteorological service providers are investing significantly in advanced forecasting technologies to address agricultural requirements. This growing focus on climate-resilient farming drives demand for sophisticated weather forecasting services.
  • Weather forecasting is a critical service impacting various industries, including agriculture, aviation, disaster management, and daily operations. Despite significant advancements in meteorology, the inherently dynamic nature of atmospheric conditions makes forecasting a complex process. This complexity in weather models presents a major challenge, limiting the ability to deliver accurate, timely, and accessible predictions.
  • As global economies expand and urban centers grow, the demand for accurate and timely weather information has shifted from being a luxury to a business imperative. This shift highlights the critical connection between economic growth, urbanization, and the increasing reliance on advanced weather forecasting services.

Weather Forecasting Services Industry Overview

The market comprises a mix of traditional meteorological service providers, technology-driven startups, and large tech companies that have diversified into weather forecasting. This wide array of players increases competitive rivalry. Some of the major market players are AccuWeather Inc., Weather (Vaisala Oyj), Climavision, DTN LLC, and ENAV S.p.A, among others.

Continuous innovation in AI, machine learning, big data analytics, and sensor technologies forces companies to consistently upgrade their capabilities. This pace of innovation fuels rivalry as firms strive to outdo each other in forecasting accuracy and service delivery.

The formation of alliances with governments, research institutions, and private enterprises adds another layer of competitive dynamics. Firms not only compete on product features but also on the strength and exclusivity of these collaborations.

Established firms with strong reputations and long histories in meteorology tend to have a competitive advantage. New entrants and smaller players must work harder to build trust, leading to increased rivalry as incumbents leverage their established brands.

Although high-quality forecasting services command premium pricing, there is competitive pressure to offer cost-effective solutions, especially to large-scale industrial clients. This dynamic pushes companies to balance competitive pricing with high service standards, further intensifying rivalry.

Overall, the weather forecasting services market experiences a high degree of competitive rivalry.

Weather Forecasting Services Market Leaders

  1. AccuWeather Inc.

  2. Weather (Vaisala Oyj)

  3. Climavision

  4. DTN LLC

  5. ENAV S.p.A

  6. *Disclaimer: Major Players sorted in no particular order
Weather Forecasting Services Market Concentration
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Weather Forecasting Services Market News

  • December 2024: Vaisala seeks to strengthen its position in artificial intelligence (AI)-driven weather forecasting through the acquisition of weather-related assets from Maxar Intelligence's WeatherDesk, a US-based entity. This acquisition reinforces Vaisala's role as a global leader in measurement instruments and intelligence while aligning with its strategy to focus on energy transitions and build recurring revenue from data. Along with the recent acquisition of Speedwell Climate Ltd, this deal enhances Vaisala Xweather's role as a weather intelligence partner for the insurance and finance sectors.
  • August 2024: AccuWeather has teamed up with Ecosia, the leading not-for-profit search engine globally. This collaboration means that over 20 million Ecosia users worldwide can now tap into AccuWeather's top-tier weather insights and exclusive Global Severe Weather Alerts. The integration aims to boost awareness of urgent weather events and broaden Ecosia's offerings. Through this partnership, Ecosia's platform now features AccuWeather's API, delivering real-time weather data. Users can access Current Conditions, Daily and Hourly Forecasts, and immediate Alerts for locations both in the U.S. and worldwide. All this information is powered by AccuWeather's extensive and detailed global weather data, ensuring users make informed decisions influenced by weather conditions.

Weather Forecasting Services Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitutes
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Assessment of Macroeconomic trends on the Industry

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Changing Weather Patterns Resulting in Unpredictability of Rainfall
    • 5.1.2 Increasing Penetration of Advanced Technologies in Weather Forecasting Services
  • 5.2 Market Restrains
    • 5.2.1 Complexity Associated with Weather Forecasting Models

6. MARKET SEGMENTATION

  • 6.1 By Forecasting Type
    • 6.1.1 Short-range Forecasting
    • 6.1.2 Medium-range Forecasting
    • 6.1.3 Long-range Forecasting
  • 6.2 By End User
    • 6.2.1 Transportation & Logistics
    • 6.2.2 Government and Defense
    • 6.2.3 Energy, Utilities, and Mining
    • 6.2.4 Banking, Financial Services and Insurance (BFSI)
    • 6.2.5 Agriculture & Forestry
    • 6.2.6 Other End Users
  • 6.3 By Geography***
    • 6.3.1 North America
    • 6.3.2 Europe
    • 6.3.3 Asia
    • 6.3.4 Australia and New Zealand
    • 6.3.5 Latin America
    • 6.3.6 Middle East and Africa

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 AccuWeather Inc.
    • 7.1.2 Weather (Vaisala Oyj)
    • 7.1.3 Climavision
    • 7.1.4 DTN LLC
    • 7.1.5 ENAV S.p.A
    • 7.1.6 Fugro
    • 7.1.7 The Weather Company LLC
    • 7.1.8 Met Office
    • 7.1.9 Precision Weather Services
    • 7.1.10 StormGeo (Alfa Laval AB)
    • 7.1.11 AEM
    • 7.1.12 Pelmorex Corp.
    • 7.1.13 Foreca Ltd
    • 7.1.14 The Tomorrow Companies Inc.
    • 7.1.15 Spire Global Inc.
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
***In the final report, Asia, Australia, and New Zealand will be studied together as 'Asia Pacific' and Latin America and Middle East and Africa will be considered together as 'Rest of the World'
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Weather Forecasting Services Industry Segmentation

Weather forecasting leverages advanced technology and scientific methodologies to predict atmospheric conditions for specific locations. This process forecasts variables such as cloud cover, precipitation (rain or snow), wind speed, and temperature. The study tracks the global weather forecasting industry-related trends by analyzing the demand for weather forecasting services. The weather forecasting services market is defined based on the revenues generated from the services used by various end-user industries across the globe.

The weather forecasting services market is segmented by forecasting type (short-range, medium-range, and long-range), by end users (transportation & logistics, government and defense, energy utilities and mining, banking financial services insurance (BFSI), agriculture and forestry, and other end users), and by geographies (North America, Europe, Asia Pacific, and the Rest of the World). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

By Forecasting Type Short-range Forecasting
Medium-range Forecasting
Long-range Forecasting
By End User Transportation & Logistics
Government and Defense
Energy, Utilities, and Mining
Banking, Financial Services and Insurance (BFSI)
Agriculture & Forestry
Other End Users
By Geography*** North America
Europe
Asia
Australia and New Zealand
Latin America
Middle East and Africa
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Weather Forecasting Services Market Research Faqs

How big is the Weather Forecasting Services Market?

The Weather Forecasting Services Market size is expected to reach USD 3.47 billion in 2025 and grow at a CAGR of 7.17% to reach USD 4.90 billion by 2030.

What is the current Weather Forecasting Services Market size?

In 2025, the Weather Forecasting Services Market size is expected to reach USD 3.47 billion.

Who are the key players in Weather Forecasting Services Market?

AccuWeather Inc., Weather (Vaisala Oyj), Climavision, DTN LLC and ENAV S.p.A are the major companies operating in the Weather Forecasting Services Market.

Which is the fastest growing region in Weather Forecasting Services Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Weather Forecasting Services Market?

In 2025, the Asia Pacific accounts for the largest market share in Weather Forecasting Services Market.

What years does this Weather Forecasting Services Market cover, and what was the market size in 2024?

In 2024, the Weather Forecasting Services Market size was estimated at USD 3.22 billion. The report covers the Weather Forecasting Services Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Weather Forecasting Services Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Weather Forecasting Services Industry Report

Statistics for the 2025 Weather Forecasting Services market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Weather Forecasting Services analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Weather Forecasting Services Market Report Snapshots