Global Weather Forecasting Systems market size 2024, Forecast To 2033

The weather forecasting systems market has maintained steady growth, progressing from $2.52 billion in 2023 to $2.64 billion in 2024, showcasing a consistent compound annual growth rate (CAGR) of 4.7%. The growth in the historic period is attributed to advancements in climate research and monitoring, the emphasis on natural disaster preparedness, applications in agriculture and crop management, support for air and sea transportation, and addressing the impacts of climate change. Looking ahead, the weather forecasting systems market is anticipated to witness steady growth, projected to reach $3.14 billion in 2028 at a stable CAGR of 4.4%. The expected growth in the forecast period can be attributed to the integration of renewable energy sources, the increasing adoption of smart agriculture practices, the response to extreme weather events, a focus on environmental conservation, and the application of weather data in space exploration and astronomy. Major trends in the forecast period include the development of high-resolution weather modeling, the integration of artificial intelligence (AI) and machine learning, advancements in weather data visualization, the incorporation of weather apps, and the utilization of space-based weather monitoring.