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Imarc Group
www.imarcgroup.com/
Kanika Sharma
sales@imarcgroup.com

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Weather Forecasting Services Market Size to Surpass $4.67B by 2033: Key Trends & Forecast
The global weather forecasting services market size was valued at USD 2.34 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 4.67 Billion by 2033, exhibiting a CAGR of 7.55% from 2025-2033.

BriefingWire.com, 7/22/2025 - The global weather forecasting services market size was valued at USD 2.34 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 4.67 Billion by 2033, exhibiting a CAGR of 7.55% from 2025-2033. North America currently dominates the market, holding a market share of over 28.9% in 2024.

Grab a sample PDF of this report: https://www.imarcgroup.com/weather-forecasting-services-market/requestsample

The growing demand for global weather forecasting services is driven by industries such as agriculture, energy, transportation, and logistics, which rely on accurate, real-time weather data for operational efficiency and risk management. With the weather forecasting services market valued over $2.7 billion, the need for advanced, AI-powered prediction tools integrating satellite and IoT data is intensifying, especially as climate change increases the frequency of extreme weather events and supply chain vulnerabilities.

Government initiatives, such as India’s “Mission Mausam” and the Ministry of Earth Sciences’ “Weather & Climate Services” scheme, are enhancing national weather infrastructure and reliability, with budgets reaching into the thousands of crores. Companies like AccuWeather and Tomorrow.io are responding by launching high-resolution climate tools and tailored industrial solutions, expanding sector-specific insights and making real-time weather data more accessible to businesses of all sizes.

Key Market Trends & Insights:

Technological Advancements with AI and Big Data

The integration of artificial intelligence and big data has significantly enhanced forecast accuracy. For instance, 40% of weather forecasts are fine-tuned with AI algorithms, leveraging over 2.5 quintillion bytes of data daily. These upgrades enable real-time monitoring and more reliable predictions for industries such as agriculture and aviation.

Industry-Specific Services Expansion

Weather forecasting services are increasingly tailored to sectors like agriculture, transportation, and energy. For example, insurance firms use predictive weather data to calculate risk, while aviation and shipping companies rely on forecast-driven scheduling to improve safety and efficiency, demonstrating the sector’s growing operational relevance.

Medium-Range Forecasting Dominance

Medium-range forecasting, covering three to ten days, now represents the largest service segment. Its balanced accuracy supports critical short-term planning for industries like logistics, renewable energy, and airlines, allowing for better decision-making around storms, rainfall, or temperature-related disruptions.

Rise in Disaster Preparedness Efforts

Governments and humanitarian organizations are investing in advanced early warning systems to minimize damage from natural disasters. These initiatives aid in planning evacuations, protecting infrastructure, and saving lives, as seen during events like Europe’s severe flooding, which affected millions of people.

Rapid Adoption in Emerging Markets

Regions such as Asia Pacific, Latin America, and the Middle East are rapidly adopting weather forecasting services. This is driven by frequent extreme weather episodes and increased need for climate resilience, seen in events with record heatwaves or the expansion of aviation safety monitoring networks in the UAE.

Ask analyst of customized report: https://www.imarcgroup.com/request?type=report&id=5897&flag=E

 
 
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