Weather Forecasting Services Market Competitive Landscape, Growth Factors, Revenue Analysis by 2029
The global weather forecasting services market is anticipated to grow at a significant CAGR of 9.1% during the forecast period. The market growth is attributed to factors such as the growth of the agriculture industry in terms of technology and yield, the growth of aviation, logistics transportation, and media industries, increasing demand for weather forecasting services from the government, and growing public awareness about weather forecasting, technological advancements in weather forecasting instance,
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In July 2023, AccuWeather announced its new
AccuWeather Command Center Display System at the 2023 Esri User Conference. The
Commander is a large interactive display designed to integrate with Esri’s
geographic information system (GIS) software which allows to enhance user
experience. Apart from this, it has many features such as unlimited screens,
advanced telestration, detailed iconography, and a spotlight feature.
·
In March 2023, StromGeo, a weather intelligence
provider increased its stake in Climatempo, a meteorological service provider
in Brazil, from 51% to 89.66%. Through this deal, the company aims to provide
its services to companies across South America.
·
In July 2023, the National Oceanic and
Atmospheric Administration (NOAA) ‘s division Space Weather Prediction Center
(SWPC) upgraded one of its advanced physics-based space weather models leading
to increased lead time for predicting the impact of geomagnetic storms on
communications and navigation systems. The August 2 upgrade will also deliver
new products for satellite operators – to help with decision-making, maneuver
planning, orbit prediction, and collision avoidance – and for the aviation and
communication sectors.
·
In July 2023, leading weather forecasting and
risk management company, Skymet Weather Services announced its Artificial
Intelligence (AI) backed system ‘Skymet AI’. It is an AI-based powered system
designed to provide real-time weather insights and forecasts as per customer
needs, The key feature of the tool is a Natural Processing Language (NLP) based
system that allows interactive conversation with the user.
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Forecasting Services Market: https://www.omrglobal.com/request-sample/weather-forecasting-services-market
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The market number available for – 2022-2030
•
Base year- 2022
•
Forecast period- 2023-2030
Segment
Covered-
·
By forecasting type
·
By ownership
·
By End-User
Regions Covered-
·
North America
·
Europe
·
Asia-Pacific
·
Rest of the World
Competitive
Landscape- AccuWeather, Inc., International Business Machines Corporation
(IBM), DTN, Earth Networks, Inc., WeatherBELL Analytics, LLC, and others.
A full Report of Weather Forecasting Services Market is
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Weather Forecast Services Market Report Segment
By Forecasting Type
•
Nowcast forecasting services.
•
Short-term forecasting services
•
Medium-term forecasting services
•
Long-term forecasting services
By Ownership
•
Government-owned weather forecasting services
•
Private-owned weather forecasting services
By End-Users
•
Media
•
Aviation
•
Research
•
Agriculture
•
Events
•
Retail
•
Others (Construction, Energy, and utilities)
Weather Forecast Services Market Report Segment by Region
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest
of Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
•
Latin America
•
Middle East and Africa
Company Profiles
·
AccuWeather, Inc.
·
British Broadcasting Corporation (BBC Weather)
·
Bureau of Meteorology (Australia)
·
China Meteorological Administration (CMA)
·
DTN
·
Advanced Environmental Monitoring LLC
·
European Centre for Medium-Range Weather
Forecasts (ECMWF)
·
Foreca Ltd.
·
India Meteorological Department (IMD)
·
International Business Machines Corporation
(IBM)
·
Japan Meteorological Agency (JMA)
·
Met Éireann (Ireland)
·
Météo-France
·
National Oceanic and Atmospheric Administration
(NOAA)
·
Pelmorex Corp.
·
StormGeo AS
·
The Met Office (UK)
·
WeatherBELL Analytics, LLC
·
Weathernews Inc.
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