Weather Forecasting Services Market Analysis Report - Industry Trends, Growth and Segmentation 2030

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The global weather forecasting services market size was estimated 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. This robust growth trajectory is primarily driven by rising demand from industries such as agriculture, aviation, energy, and logistics, all of which depend heavily on timely and accurate weather information to ensure operational efficiency, safety, and cost optimization. In agriculture, weather forecasts support crop planning and yield management, while in aviation and logistics they are critical for route planning, scheduling, and risk mitigation. Continuous advancements in satellite technology, data analytics platforms, and machine learning algorithms are significantly improving forecast accuracy and enabling more granular, real-time insights. Furthermore, the increasing frequency and intensity of extreme weather events linked to climate change are compelling governments and private enterprises to invest in advanced, real-time forecasting solutions to minimize disruptions and losses. Along with these drivers, the growing integration of weather intelligence into Internet of Things (IoT) platforms is expanding the application scope of forecasting services, thereby accelerating overall market growth over the forecast period.

The rapid expansion of global air and sea traffic is further intensifying the need for highly accurate and reliable weather forecasting in both the aviation and maritime sectors. In these industries, operational safety, fuel efficiency, and route optimization are closely linked to precise weather data and timely alerts. Airlines, shipping companies, and port authorities are increasingly seeking specialized forecasting solutions tailored to their specific operational requirements. Consequently, the weather forecasting services industry is prioritizing the development of sector-specific offerings designed to enhance decision-making and reduce weather-related risks. In addition, regulatory frameworks mandating standardized meteorological reporting for aviation and maritime operations are further supporting the adoption of professional weather forecasting services. 

Key Market Trends & Insights:

  • North America dominated the weather forecasting services market, accounting for the largest revenue share of 27% in 2024. This leadership is supported by advanced technological infrastructure, strong government investments in meteorological systems, and widespread adoption of data-driven decision-making across industries. Within the region, the U.S. accounted for the largest revenue share of 88% in North America in 2024, driven by the presence of major market players, high demand from media and enterprise customers, and extensive integration of weather data into commercial and public-sector operations.
  • The Asia Pacific weather forecasting services market is expected to grow at the fastest CAGR of 7% from 2025 to 2030, largely due to expanding agricultural activities and increasing climate variability across the region. Rapid population growth, urbanization, and heightened exposure to extreme weather events are driving governments and enterprises to invest in improved forecasting capabilities. These factors are accelerating the adoption of advanced weather intelligence solutions across multiple sectors in Asia Pacific.
  • By organization size, the large enterprises segment accounted for the largest revenue share in 2024, reflecting their greater financial capacity to invest in advanced, customized forecasting solutions. Large organizations often integrate weather data into enterprise-wide decision systems to improve operational efficiency and risk management. Meanwhile, the small and medium enterprises segment is expected to witness the fastest CAGR from 2025 to 2030, primarily driven by the growing need to enhance customer experience, ensure service reliability, and reduce weather-related operational risks through affordable, cloud-based forecasting services.
  • By forecast type, the medium-range segment led the market with the largest revenue share of 28.2% in 2024, as these forecasts are widely used for operational planning across industries such as logistics, energy, and agriculture. Medium-range forecasts strike a balance between accuracy and planning horizon, making them particularly valuable for day-to-day decision-making. In contrast, the short-range segment is expected to witness the fastest CAGR of 7% from 2025 to 2030, supported by rapid urbanization and the growth of smart city initiatives that rely on real-time weather data for traffic management, public safety, and infrastructure monitoring.
  • By industry, the media segment accounted for the largest market revenue share in 2024, driven by the convergence of weather analytics with digital content delivery and targeted advertising strategies. Media companies increasingly use advanced weather data to enhance viewer engagement and monetize weather-driven content. Meanwhile, the renewables segment is expected to witness the fastest CAGR from 2025 to 2030, owing to the growing dependence on weather-sensitive energy sources such as wind and solar power, which require precise forecasting to optimize energy generation and grid stability.

Order a free sample PDF of the Weather Forecasting Services Market Intelligence Study, published by Grand View Research.

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:

The global weather forecasting services market is moderately consolidated, with a mix of established players and emerging technology-driven firms competing on forecast accuracy, data coverage, and analytical capabilities. Prominent companies operating in the market include The Weather Company LLC and AccuWeather Inc., among others, both of which hold strong brand recognition and extensive customer bases across multiple industries.

  • AccuWeather Inc. is a leading global provider of weather data, forecasts, and analytics, serving a diverse clientele that includes media organizations, government agencies, and enterprise customers worldwide. The company is widely recognized for delivering hyper-local and highly accurate weather forecasts through proprietary technologies and advanced algorithms. Beyond traditional weather reporting, AccuWeather offers comprehensive risk management solutions tailored to industries such as agriculture, transportation, and energy. Its extensive global reach and reliable data infrastructure make it a preferred partner for organizations that depend on weather intelligence for critical decision-making.
  • The Weather Company LLC, owned by IBM, leverages big data analytics and artificial intelligence to deliver actionable weather insights to both businesses and consumers. The company specializes in advanced weather models and forecasting tools that help industries such as insurance, retail, and utilities optimize operations and mitigate weather-related risks. Its cloud-based platform, powered by IBM Watson, enables scalable and data-driven decision-making through predictive analytics. The company’s strong technological foundation and vast data assets underpin its leadership position in the digital weather services market.
  • Climavision is an innovative weather intelligence firm focused on delivering hyper-local forecasts using a dense network of proprietary weather stations combined with advanced machine learning models. The company aims to disrupt traditional forecasting approaches by providing precise, real-time weather data tailored to enterprise-specific needs. Climavision is gaining rapid traction in sectors such as energy, agriculture, and insurance by enabling more granular and accurate weather risk assessments. Its investments in edge computing and advanced analytics position it as a promising player in next-generation weather forecasting services.
  • Pelmorex Corp. is a Canada-based weather services company best known for operating The Weather Network and associated digital platforms, which deliver weather data and forecasts to consumers across North America. The company specializes in broadcast and digital weather content supported by proprietary forecasting models and real-time monitoring systems. Pelmorex leverages big data analytics and artificial intelligence to enhance user engagement and deliver personalized weather alerts. In addition to its consumer-facing services, the company is expanding its enterprise offerings by targeting sectors such as agriculture, retail, and insurance with customized weather risk and analytics solutions.

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