Uploaded on Sep 10, 2024
According to the latest research report by IMARC Group, The global weather forecasting services market size reached US$ 2.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.4 Billion by 2032, exhibiting a growth rate (CAGR) of 7.9% during 2024-2032. More Info:- https://www.imarcgroup.com/weather-forecasting-services-market
Weather Forecasting Services Market by Product Type, Distribution Channel, End User 2024-2032
Global Weather Forecasting Services Market Research and Forecast Report 2024-2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group IMARC Group is a g lobal management consul t ing f i rm that he lps the wor ld ’s most ambi t ious changemakers to create a las t ing impact . Across the s ix major cont inents and 100+ count r ies , we work a longside our bus iness par tners as one team wi th a common ambi t ion to achieve unparal le led resul ts , gain a compet i t ive edge, and t ransform indust r ies . IMARC Group excels in unders tanding i ts c l ients ’ bus iness pr ior i t ies and del iver ing ta i lored solut ions that dr ive meaningfu l outcomes. Our c l ient base spans over 3,000 organizat ions in the pr ivate, publ ic , and soc ia l sectors , ranging f rom high-growth s tar tups to For tune 500 companies. We prov ide a comprehensive sui te of market entry and expansion serv ices. Our of fer ings inc lude thorough market assessment , feas ib i l i ty s tudies, company incorporat ion ass is tance, fac tory setup suppor t , regulatory approvals and l icens ing navigat ion, branding, market ing and sales st rategies, compet i t ive landscape and benchmark ing analyses, pr ic ing and cost research, and procurement research. These serv ices are des igned to ass is t companies in evaluat ing market oppor tuni t ies , set t ing up new ent i t ies , navigat ing regulatory landscapes, boost ing brand v is ib i l i ty , analyz ing compet i tors, and opt imiz ing procurement s t rategies. Acco r d ing t o t he l a t es t r ep o r t b y I M ARC G r oup , t i t l e d " Wea t her Forec as t i ng Ser v i ces M a rke t : G l oba l I n dust r y T rends , Sh are , S i ze , G ro w t h , O pp or t u n i t y and For ec as t 2024 - 203 2 , " t he g loba l wea t he r f o r ec as t i ng se r v i ces m ar ke t s i ze r each ed US$ 2 . 2 B i l l i on i n 202 3 . Report Factors Af fect ing the Growth of the Weather Forecast ing Serv ices Industr y:Advanced Technologica l Innovat ions: The r ap id a dvanc em en t i n t e chno log i ca l i nno va t i ons i s im pe l l i ng t he g r ow t h o f t he Highlight and m ar ke t . The ac cum u la t i on o f a r t i f i c i a l i n t e l l i genc e ( A I ) a nd m ach ine l ea r n ing ( M L ) i n wea t he r p r ed i c t i on m ode ls i s e nhanc ing t he a ccu r a cy and e f f i c i en cy o f f o r ecas t s . Thes e t echno log ies f ac i l i t a t e t he p r oc ess in g o f va s t am oun t s o f m e t eo r o lo g i ca l da t a , Description l ead in g t o m or e p r e c i se and t im e ly wea t he r p r ed i c t i on s . Add i t i ona l l y , t he de p loym en t o f s oph i s t i ca t e d sa t e l l i t e sys t em s and r em o t e sen s ing t ech no log ies i s expa nd in g t he c apab i l i t i es o f we a t he r m on i t o r i n g , a l l o w ing f o r r e a l - t im e da t a co l l ec t i on a nd im pr oved f o r ec as t i ng a ccu r a cy . Th e con t i nuou s e vo lu t io n o f com pu t a t i ona l pow er and da t a ana l y t i c s t oo l s f u r t he r su ppo r t s t hes e a dv anc em en t s , enab l i ng m e t e o r o log i s t s t o de ve lop m or e de t a i l ed and r e l i ab le wea t he r m od e ls . Increas ing Demand Across Var ious Industr ies: The r i s ing demand f o r accu ra t e wea t he r f o recas t i ng se rv ices ac ross many indus t r i es i s p rope l l i ng t he marke t g rowth . Sec to rs , such as ag r i cu l t u re , av ia t i on , mar i t ime, and energy heav i l y re ly on p rec ise wea the r f o recas ts to op t im ize opera t ions and ensu re sa fe ty . Moreover , i n ag r i cu l t u re , accu ra te wea t he r Report pred ic t i ons a re c ruc ia l f o r p lann ing p lan t ing and harves t i ng schedu les , manag ing i r r i ga t ion sys t ems , and m i t iga t ing the impac ts o f adverse wea t he r cond i t i ons on c rops . Highlight and Add i t i ona l l y , i n av ia t ion and mar i t ime indus t r ies , r e l i ab le weat her f o recas t s a re essen t i a l f o r r ou te p lann ing and ensur i ng t he sa f e ty o f passengers and ca rgo . Description The energy sec to r , par t i cu la r l y r enewab le energy sources l i ke w ind and so la r power , a l so depends on accura t e wea the r da t a to op t im ize energy p roduc t ion and d is t r ibu t ion . Growing Awareness of Cl imate Change and Natura l Disasters: The inc reas ing awareness abou t c l ima t e change and the r i s ing f requency o f na tu ra l d i sas te rs a re d r i v ing the demand f o r advanced wea the r f o recas t ing se rv ices . C l ima t e change i s lead ing to more f r equen t and severe wea ther even ts , such as hur r i canes , f l oods , and d rough t s , necess i t a t i ng more prec ise and t ime l y wea ther f o recas t s to m i t iga t e po ten t ia l impac ts . Accura te wea ther p red ic t ions a re c r i t i ca l f o r d isas te r p reparedness and response , enab l ing au tho r i t ies and commun i t ies to take p roact i ve measu res to p ro tec t l i ves and p roper t y . Fu r the rmore , t he he igh tened awareness o f c l ima te change is spur r ing in te res t i n long- te rm wea ther fo recas t ing and c l ima te mode l ing , wh ich a re essen t ia l f o r deve lop ing sus ta inab le s t ra teg ies and po l ic ies to add ress env i ronmenta l cha l lenges . Report Request for a PDF sample o f th is repor t : Highlight and h t tps : / /www. imarcgroup .com/wea the r - fo recas t ing -se rv ices-marke t / reques tsamp le Description Report Description Global Weather Forecasting Services Market Trends: The expand ing range o f commerc ia l app l ica t ions for weather forecas t ing serv ices is bo ls te r ing the marke t growth. Beyond t rad i t iona l sec tors l i ke agr icu l tu re and av ia t ion , weather fo recasts a re inc reas ing ly u t i l i zed in emerg ing indust r ies , such as re ta i l , const ruc t ion , and event p lann ing . Reta i le rs use weather pred ic t ions to op t im ize inven to ry management and marke t ing s t ra teg ies , an t i c ipa t ing changes in cus tomer behav ior based on weather cond i t ions . In the cons t ruc t ion indust ry , accura te weather fo recas ts a re cruc ia l fo r p ro jec t p lann ing and r i sk management , he lp ing to avo id de lays and ensure worker safe ty . Event p lanners a lso re ly on weather data to schedu le and organ ize ou tdoor events , min im iz ing the r isk o f weather - re la ted d is rup t ions. The in tegra t ion o f weather fo recast ing in to mobi le app l i ca t ions and smar t dev ices fu r ther broadens i t s commerc ia l use, mak ing weather da ta eas i l y access ib le to a w ide range o f bus inesses and consumers . View Report TOC, F igures and Tables : h t tps: / /www. imarcgroup.com/weather- forecast ing-serv ices-market Breakup by Forecasting Type: • Short-range Forecast ing • Medium-range Forecasting • Long-range Forecasting Breakup by Purpose: • Operat ional Effi ciency Report • Safety Segmentation • Others Breakup by Organization Size: • Large Enterprises • Small and Medium-Sized Enterprises Breakup by End User: • Transportation • Aviation • Energy and Ut i l i t ies • Banking, Financial Services and Insurance (BFSI) • Agriculture • Media • Manufactur ing Report • Retai l Segmentation • Others Breakup by Region: • North America • Asia-Pacifi c • Europe • Lat in America • Middle East and Afr ica • AccuWeather Inc. • AerisWeather • BMT Group • Custom Weather Competitive • DTN Landscape • ENAV S.p.A. • Fugro with Key • International Business Machines Corporation Players • Met Offi ce • Precision Weather Services • Skymet Weather Services Pvt. Ltd. • StormGeo AS. What was the size of the global weather forecasting services market in 2023? What is the expected growth rate of the global weather forecasting services market during 2024- 2032? What are the key factors driving the global weather Key forecasting services market? Questions What has been the impact of COVID-19 on the global weather forecasting services market? Answered in What is the breakup of the global weather forecasting services market based on the the Report forecasting type? What is the breakup of the global weather forecasting services market based on the organization size? What are the key regions in the global weather forecasting services market? Who are the key players/companies in the global weather forecasting services market? 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n 2 . 4 . 1 B o t t o m - U p A p p r o a c h Table of 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y 4 I n t r o d u c t i o n 4 . 1 O v e r v i e w Contents 4 . 2 K e y I n d u s t r y T r e n d s5 G l o b a l W e a t h e r F o r e c a s t i n g S e r v i c e s M a r k e t 5 . 1 M a r k e t O v e r v i e w 5 . 2 M a r k e t P e r f o r m a n c e 5 . 3 I m p a c t o f C O V I D - 1 9 5 . 4 M a r k e t F o r e c a s t 6 M a r k e t B r e a k u p b y F o r e c a s t i n g T y p e 6 . 1 S h o r t - r a n g e F o r e c a s t i n g 6 . 1 . 1 M a r k e t T r e n d s 6 . 1 . 2 M a r k e t F o r e c a s t 6 . 2 M e d i u m - r a n g e F o r e c a s t i n g 6 . 2 . 1 M a r k e t T r e n d s 6 . 2 . 2 M a r k e t F o r e c a s t 6 . 3 L o n g - r a n g e F o r e c a s t i n g 6 . 3 . 1 M a r k e t T r e n d s 6 . 3 . 2 M a r k e t F o r e c a s t 7 M a r k e t B r e a k u p b y P u r p o s e 7 . 1 O p e r a t i o n a l E f f i c i e n c y 7 . 1 . 1 M a r k e t T r e n d s 7 . 1 . 2 M a r k e t F o r e c a s t 7 . 2 S a f e t y 7 . 2 . 1 M a r k e t T r e n d s 7 . 2 . 2 M a r k e t F o r e c a s t 7 . 3 O t h e r s 7 . 3 . 1 M a r k e t T r e n d s 7 . 3 . 2 M a r k e t F o r e c a s t 8 M a r k e t B r e a k u p b y O r g a n i z a t i o n S i z e 8 . 1 L a r g e E n t e r p r i s e s Table of 8 . 1 . 1 M a r k e t T r e n d s 8 . 1 . 2 M a r k e t F o r e c a s t 8 . 2 S m a l l a n d M e d i u m - S i z e d E n t e r p r i s e s 8 . 2 . 1 M a r k e t T r e n d s Contents 8 . 2 . 2 M a r k e t F o r e c a s t 9 M a r k e t B r e a k u p b y E n d U s e r 9 . 1 T r a n s p o r t a t i o n 9 . 1 . 1 M a r k e t T r e n d s 9 . 1 . 2 M a r k e t F o r e c a s t 9 . 2 A v i a t i o n 9 . 2 . 1 M a r k e t T r e n d s 9 . 2 . 2 M a r k e t F o r e c a s t 9 . 3 E n e r g y a n d U t i l i t i e s 9 . 3 . 1 M a r k e t T r e n d s 9 . 3 . 2 M a r k e t F o r e c a s t 9 . 4 B a n k i n g , F i n a n c i a l S e r v i c e s a n d I n s u r a n c e ( B F S I ) 9 . 4 . 1 M a r k e t T r e n d s 9 . 4 . 2 M a r k e t F o r e c a s t F o r m o r e i n f o r m a t i o n , v i s i t : ht t ps : / /w ww. i ma rc gro up . c o m /w ea the r- f o rec a s t i ng - se rv i c es -m a rke t / t o c Partial List of Clients Partial List of Clients Disclaimer © 2024 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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