Weather App Market

Market Overview

The global weather app market size was valued at USD 802.12 million in 2021. It is projected to reach USD 1,646.71 million by 2030, growing at a CAGR of 8.32% during the forecast period (2022–2030).

Advanced weather alerts enable businesses to plan weather-sensitive operations, ensuring efficiency, safety, improved sustainability, and significant cost savings. Several industries use weather forecasting services, including oil and gas, construction, utilities, media, agriculture, renewable energy, transportation, and aviation. Increasing power consumption and energy demand in various end-use sectors have led to the rapid expansion of this industry. Numerous manufacturing companies are compelled by stringent regulatory requirements to cut their greenhouse gas emissions and create green energy. The purpose of these solutions is to supplement nonrenewable energy sources with renewable energy sources. These factors are anticipated to enhance the need for weather forecasting services shortly.

In recent decades, breakthroughs in numerical weather prediction have resulted from an increase in the number and accuracy of observations, a rise in processing capacity, and a more profound knowledge of dynamics and physics. These advancements, which have led to more precise weather forecasting, will grow in significance in the future. Due to low penetration and expanding aircraft infrastructure, the market for weather forecasting services has significant growth potential in emerging nations. In addition, the rising demand for concurrent weather monitoring systems in the commercial aviation, electricity, and transportation industries is anticipated to enhance demand for weather forecasting services during the forecast period.

Market Dynamics

Global Weather App Market Drivers

Growing Use of Renewable Energy Sources

Governments worldwide have initiated programs to increase the capacity and output of renewable energy to meet the rapidly increasing demand for energy without negatively impacting the environment or triggering catastrophic climate change. To promote the usage of renewable energy, the government has begun granting subsidies, tax advantages, and many other perks. There are 2,537 gigawatts of renewable energy capacity globally, with hydropower accounting for the majority of the total with 1190 GW. The remaining 623 GW and 586 GW are mostly wind and solar energy, the remainder being biofuel and geothermal. The generation of renewable energy, notably wind and solar power, is weather-dependent and changeable. Companies that provide weather forecasting systems provide the most crucial scheduling input, as precise weather forecasts are essential for well-scheduled activities. In addition to modeling, historical data, machine learning, and weather forecasts, power generators also anticipate future demand. Consequently, the requirement for precise weather forecasts to enhance renewable energy production is anticipated to persist during the forecast period, pushing the market for weather forecasting systems.

Strong Demand in the Agricultural Sector

Seasons and weather have a substantial impact on agriculture. Moreover, cultivating numerous vegetables, fruits, and pulses is crucial and largely dependent on climatic conditions, particularly temperature. The weather plays a crucial role in agriculture, and accurate weather-based information is essential for crop productivity. Due to climate change, the weather and climate risk management sector have become even more vital to the agriculture industry in recent years. Also, the demand for agricultural management has expanded, necessitating rigorous climate-based planning. Thus, the agricultural sector increasingly uses weather forecasting technologies to plan seasonal crops.

Global Weather App Market Restraints

Enhanced Complexity and the Absence of Professional Weather Forecasting Techniques

Given how frequently weather conditions change, weather forecasting models must consider real-time oceanic and atmospheric variables while predicting the weather. A weather forecast considers humidity, air pressure, temperature, wind speed and direction, and cloud cover. Weather forecasting models account for various variables, including closeness to water sources, geographic location, urban structures, latitude, and elevation. Accurate forecasts are based on a thorough grasp of the initial conditions of a weather forecasting numerical model since weather conditions are dynamic or sensitive due to numerous variables. The process of weather forecasting becomes complicated as a result of the highly nonlinear structure of the models.

Global Weather App Market Opportunities

Combination of Modern Radars and Tiny Satellites

To enhance the accuracy of weather forecasting systems and raise their sensitivity to climate change, researchers and engineers continually engage in cutting-edge R&D to build advanced weather forecasting equipment, such as advanced radars, satellites, and supercomputers. National Weather Service (U.S.) has improved the doppler radar with dual-polarization technology to improve the accuracy of its weather prediction for a specific location. This has enabled forecasters to discern between various precipitation types and amounts. Ongoing efforts are to enhance the various satellite systems used for weather forecasting. Companies such as RaInCube have created a 26-pound, umbrella-shaped satellite with a 1.6-foot antenna that transmits chirps and specific radar signals into a storm. These signals reflect off raindrops and transmit images of the storm's innards. It is anticipated that these satellites will provide more accurate data on the shifting behavior of storms and aid in forecasting future weather patterns.

Regional Analysis

The global weather app market is segmented into four regions, namely North America, Europe, Asia-Pacific, and LAMEA.

Asia-Pacific is anticipated to grow at the highest CAGR of 10.3% during the forecast period. China and India have been digital industry powerhouses and have a vast customer base. Economies are also working on several projects related to producing sustainable and renewable energy to protect the environment and avert future energy problems. Businesses and governments are adopting digital technologies. Accessibility, data security, and multilingual support throughout the region have emerged as crucial aspects of industry growth. Businesses are making substantial investments in this region to take advantage of opportunities. Consequently, the region is anticipated to develop substantially in this market over the forecast period.

Europe held the second-largest revenue share of nearly 27.0% in 2021 and is projected to grow with a CAGR of 8.8% during the forecast period. The proliferation of mobile smart devices and the increase in internet penetration indicates that the European market will continue to expand. End-user industries have a growing demand for weather monitoring systems to adapt their business operations to varying weather conditions. Thus, regional growth contributes to the expansion of the market.

Segmental Analysis

The global weather app market is segmented by the marketplace.

On the Basis of Marketplace

Based on the marketplace, the market is divided into the google play store, apple iOS store, and others.

The google play store category generated more than 57% of the global market revenue in 2021 and is expected to grow during the forecast period. Android users can access the google play store and take advantage of cloud-based content management over the cloud. Google play store is more cost-effective than competing app stores. Better android widgets, including a price comparison tracker, an open ecosystem, customized alert features for increasing the user experience, and an intelligent multitasking system, are igniting the market's growth. The android platform offers over a thousand weather-related applications. The play store's popularity will increase in the following years as more weather-related apps become accessible.

The apple iOS store category is anticipated to grow at a CAGR of 9.7% during the forecast period. This can be linked to smartphone users in the United States and the United Kingdom's growing need for a highly secure and multitasking operating system when considering the end-data user's privacy. Faster access and an appealing user interface are two distinguishing characteristics boosting the market growth of weather applications in this area worldwide. The presence of cloud storage, efficient battery consumption, flawless security, and expert-validated recommendations for weather apps indicate the market's significant expansion during the forecast period.

Recent Developments

• June 2022- AccuWeather to Provide Weather Forecasting Services for Special Olympics Airlift.
• June 2022- AccuWeather Deploys API3 Airnode Bringing Weather Data Directly to Blockchain Applications.
• May 2022- New DTN Agronomy Solution Delivers Integrated Grower Insights for Agriculture Retailers.
• March 2022- New York City Emergency Management Selects DTN to Partner on Weather Response Preparedness.