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The Weather Forecasting Services Market: Strategic Investment in Climate Resilience and Technological Innovation (2025-2030)

AInvest · last updated

- Global weather forecasting market grows to $2.49B in 2025, projected at 9.3% CAGR through 2029 driven by climate resilience needs.

- AI/ML and IoT technologies enhance forecasting accuracy, with IBM’s JEDI system improving predictions by 40% and Spire’s nanosatellites enabling real-time atmospheric tracking.

- Renewable energy sector fuels demand for micro-forecasting, as companies like Tomorrow.io optimize solar/wind output with sub-kilometer precision.

- Key players include IBM, Spire, and AccuWeather, with SMEs adopting cloud-based solutions at fastest U.S. market CAGR.

- Investors prioritize AI/IoT leaders and sector diversification, aligning with climate policy shifts to capitalize on weather data as strategic infrastructure.

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