The Latin America, Middle East and Africa Weather Information Technologies Market would witness market growth of 12.3% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Weather Information Technologies Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $624.3 million by 2031. The Argentina market is registering a CAGR of 13.8% during (2024 - 2031). Additionally, The UAE market would witness a CAGR of 11.2% during (2024 - 2031).
As the population grows and urbanizes, the challenges posed by climate change and extreme weather events will intensify. The weather information technologies market is poised to address these challenges by providing accurate, timely, and actionable weather data. The integration of emerging technologies such as AI, IoT, and big data analytics will further enhance the capabilities of weather forecasting systems, enabling societies to build resilience and adapt to a changing climate. As public and private sector investments in weather technologies increase, the market is expected to expand rapidly, offering innovative solutions that protect lives, safeguard assets, and promote sustainable development.
The development of advanced visualization tools such as interactive dashboards, 3D simulations, and AR/VR technologies transforms how weather data is communicated and understood by decision-makers and the public. These tools make complex meteorological information more accessible and actionable, enhancing public safety and operational planning. For example, IBM’s Max Reality platform uses augmented reality to deliver immersive weather broadcasts that intuitively explain phenomena like hurricanes and floods. Similarly, Esri’s ArcGIS platform provides real-time interactive dashboards that allow users to track storms, droughts, and wildfires, offering valuable insights for governments and organizations to make informed decisions quickly. These advancements enhance global weather-related decision-making clarity, speed, and effectiveness.
In South Africa, disaster risk reduction and energy sector optimization are key factors propelling the demand for weather information technologies. The country experiences extreme weather events, from droughts and floods to wildfires, severely impacting agriculture, public health, and energy production. The South African Weather Service (SAWS) plays a pivotal role by providing early warnings and collaborating with the National Disaster Management Centre (NDMC) to mitigate disaster risks. South Africa’s energy sector, particularly wind and solar power generation, also relies on accurate weather forecasting to optimize energy outputs and maintain grid stability. The South African National Climate Change Response Policy integrates weather data into its national climate adaptation and sustainable development strategies. Thus, the regional market is expected to grow rapidly in the coming years.
Free Valuable Insights: The Worldwide Weather Information Technologies Market is Projected to reach USD 25.35 Billion by 2031, at a CAGR of 10.2%
Based on Application, the market is segmented into Weather Monitoring & Forecasting, and Air Quality Monitoring. Based on Component, the market is segmented into Monitoring Devices, Software, Communication Devices, and Other Component. Based on Forecast Range, the market is segmented into Medium-Range Forecast, Short-Range Forecast, and Long-Range Forecast. Based on End-use, the market is segmented into Meteorology & Weather Service Provider, Transportation, Power & Energy, Agriculture, Government & Defense, Industrial, and Other End-use. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Application
By Component
By Forecast Range
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By Country
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