According to a new report, published by KBV research, The Global Weather Information Technologies Market size is expected to reach $25.35 billion by 2031, rising at a market growth of 10.2% CAGR during the forecast period.
The Weather Monitoring & Forecasting segment is dominating the Global Weather Information Technologies Market by Application in 2023; thereby, achieving a market value of $14.35 billion by 2031. The growth of the segment is primarily driven by the increasing frequency and severity of extreme weather events such as hurricanes, floods, droughts, and wildfires, which have heightened the need for accurate and timely weather information. Industries like agriculture, aviation, shipping, and energy rely heavily on weather forecasts to plan operations, minimize risks, and enhance safety.
The Software segment is experiencing a CAGR of 9.8% during (2024 - 2031). The software segment's expansion is driven by the growing demand for sophisticated analytical tools that can process vast quantities of meteorological data and generate precise forecasts. Software platforms utilizing artificial intelligence (AI), machine learning (ML), and big data analytics enable faster data analysis, enhanced predictive accuracy, and better visualization of weather patterns. These solutions are widely adopted across agriculture, aviation, energy, and logistics sectors for decision-making and risk management.
The Medium-Range Forecast segment is leading the Global Weather Information Technologies Market by Forecast Range in 2023; thereby, achieving a market value of $9.51 billion by 2031. The segment has witnessed significant growth due to its ability to balance forecast accuracy and advanced planning horizons, typically ranging from 3 to 10 days. These forecasts are crucial for sectors like agriculture, logistics, energy, and disaster management, where advanced notice of weather events allows organizations to optimize operations, manage resources, and mitigate potential risks. The demand for medium-range forecasting solutions has been exacerbated by the increasing frequency of extreme weather events and the increasing emphasis on early warning systems to prevent disaster-related losses.
The Transportation segment exhibits a CAGR of 9.1% during (2024 - 2031). Industries such as aviation, shipping, and logistics rely on accurate, timely weather forecasts to manage operations efficiently and reduce the risks associated with adverse weather events like storms, fog, and heavy rainfall. Increasing globalization and trade activities have intensified the demand for reliable weather information systems to support uninterrupted transportation networks. Additionally, regulatory requirements related to safety and the growing adoption of integrated navigation and weather-tracking systems propel the adoption of weather information technologies in this sector.
Full Report: https://www.kbvresearch.com/weather-information-technologies-market/
The Asia Pacific region dominated the Global Weather Information Technologies Market by Region in 2023; thereby, achieving a market value of $9.01 billion by 2031. The North America region is expected to witness a CAGR of 9.5% during (2024 - 2031). Additionally, The Europe region would register a CAGR of 9.8% during (2024 - 2031).
By Application
By Component
By Forecast Range
By End-use
Unique Offerings 
