Weather Forecasting Services Market - Trends Forecast Till 2028

Market Overview

The Global Weather Forecasting Services market is anticipated to reach USD 1.8 billion in 2021 growing at a CAGR of 9.7% during the forecasting period, 2021-2028.

Weather forecasting is a technology that uses science to predict the weather conditions of a location. It involves 3 major steps 1. observation and analysis 2. extrapoation to find atmospheric condition 3. perdiction of the required variable. The 7 elements of weather conditions are temperature, humidity, atmospheric pressure, wind, cloudiness, precipitation. Robert FitzRoy was the first person who invented weather forecasting.

Increased use of weather forecasting for safety and use in agriculture and also to predict rainfall uncertainty are some of the factors that have supported long-term expansion for the Weather Forecasting Services industry.

Key Findings

The Global Weather Forecasting Services market is segmented into Industry, Forecasting Type, Purpose, Organization Size, and geography.

Industry segment is segmented into Aviation, Agriculture, Marine, Oil & Gas, Energy & Utilities, Insurance, Retail, and Media

The forecasting Type segment is segmented into Nowcast, Short, Medium, Long

Geographically, the global Weather Forecasting Services market is sub-segmented into North America, Europe, Asia-Pacific, Middle East, and Africa and South America, and insights are provided for each region and major countries within the regions

Competitive Landscape

Key players in the global Weather Forecasting Services market are The Weather Company (US), AccuWeather, Inc. (US), DTN (US), StormGeo (Norway), Fugro (Netherlands), ENAV S.p.A. (Italy), and BMT Group Ltd. (UK) among others.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
• Gain authentic and granular data access for the Weather Forecasting Services market to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope