Australia Weather Forecasting Services Market Size
According to Straits Research analysis, the Australia Weather Forecasting Services Market was valued at USD 26.38 Million in 2024 and is projected to reach USD 58.56 Million by 2033, expanding at a CAGR of 9.3% during the forecast period. Factors transforming this financial trajectory are rooted in the adoption of weather forecasting in critical sectors such as agriculture, chemicals, and energy. Technological enhancements enabling accurate predictions are fundamental in managing potential risks and damage in these sectors. Additionally, the rise of green production methodologies and sustainability goals further propel the market. Progressive tendencies towards artificial intelligence audits and exploiting the export potential also provide exciting growth prospects. Navigating the future, Australia is strategically aligning its forecasting capabilities with economic demands, fostering its position in weather prediction services.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Weather Forecasting Services Market Highlights
- Within the Forecasting Method category, Satellite-Based Forecasting dominated in 2024 in terms of market size contribution.
- Over the forecast period, AI & Big Data Analytics is forecasted to deliver the fastest growth, positioning it as the most lucrative Forecasting Method segment.
- In 2024, Australia accounted for 1.1% of the global weather forecasting services market size.
- By 2033, United States is expected to lead the global weather forecasting services market in terms of market size.
- Within Asia Pacific, China is projected to dominate the regional weather forecasting services market size by 2033.
- India is identified as the fastest-growing market in Asia Pacific, anticipated to reach USD 454.85 Million by 2033.
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Report Summary
| Report Scope |
Details |
| Base Year for Study |
2024 |
| Study Period |
2021-2033 |
| Historical Period |
2021-2023 |
| Forecast Period |
2025-2033 |
| Market Size In 2024 |
USD 26.38 Million |
| Market Size In 2033 |
USD 58.56 Million |
| Largest segment |
Satellite-Based Forecasting |
| Fastest segment |
AI & Big Data Analytics |
| Units |
Revenue in USD Million |
| CAGR |
9.3% (2025-2033) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmentation Covered
| Segments |
Sub Segments |
| Forecasting Method |
- Satellite-Based Forecasting
- Radar-Based Forecasting
- Numerical Weather Prediction (NWP) Models
- AI & Big Data Analytics
- IoT & Sensor-Based Forecasting
|
| Service Type |
- Weather Forecasting Services
- Weather Data Utilization Services
|
| Industry Vertical |
- Agriculture
- Aviation & Aerospace
- Energy & Utilities
- BFSI
- Transportation & Logistics
- Others
|
Australia Weather Forecasting Services Market By Forecasting Method 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Weather Forecasting Services Market By Service Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Weather Forecasting Services Market By Industry Vertical 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.