Weather Forecasting Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Weather Forecasting Services Market is Segmented by Forecasting Type (Short-Range Forecasting, Medium-Range Forecasting, and Long-Range Forecasting), by End User (Transportation, Aviation, Energy and Utilities, Banking, Financial Services and Insurance (BFSI), Agriculture, and Other End Users), and by Geography (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa). 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 (2024 - 2029)

Weather Forecasting Services Industry Overview

The global weather forecasting services market is moderately consolidated with the presence of several players like AccuWeather Inc., AerisWeather, BMT Group, DTN, etc. The companies continuously invest in strategic partnerships and product developments to gain substantial market share.

In July 2023, DTN, a global data, analytics, and technology company, announced they were selected by AusNet, one of the largest electricity distribution and transmission providers in Australia, to support and improve the organization's outage response management. DTN Storm Impact Analytics is a state-of-the-art outage planning and prediction solution that combines hyperlocal weather intelligence, regional and historical weather data, and AusNet operational data with machine learning tools that better equip AusNet to prepare and respond to extreme weather events

In April 2023, StormGeo, a weather intelligence and functional decision support player and part of Alfa Laval, collaborated with Closelink, a Hamburg-based digital bunker platform provider connecting buyers and suppliers. The partnership brings together the expertise and abilities of the two firms to better serve existing and future clients and drive innovation in the maritime industry. As a first step, Closelink has incorporated the AI-driven capabilities of StormGeo's s-Insight, bunker planning tool into its bunker procurement platform. s-Insight bunker supports bunker buyers in choosing the best port and volume for bunkering.

Weather Forecasting Services Market Leaders

  1. AccuWeather Inc.

  2. AerisWeather

  3. BMT Group

  4. DTN

  5. ENAV S.p.A.

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