Middle East and Africa Weather Forecasting Services Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Industry (Agriculture, Aviation, Marine, Transport and Logistics, Energy and Utilities, Oil and Gas, Media, Insurance, Retail, Construction and Mining, and Others), Purpose (Operational Efficiency, Safety, and Others), Forecasting Type (Nowcast, Short Range, Medium Range, and Long Range), and Organization Size (Large Enterprises and Small and Medium-sized Enterprises)
The Middle East and Africa weather forecasting services market is expected to grow from US$ 90.73 million in 2021 to US$ 150.29 million by 2028; it is estimated to grow at a CAGR of 7.5% from 2021 to 2028.
Rising demand for weather forecasting based on big data analytics is one of the critical reasons to propel the Middle East and Africa weather forecasting services market forward. Furthermore, the changing climate pattern has resulted in rainfall uncertainties. Weather forecasting is a consulting service that provides real-time forecasts and assists in daily planning and informed decision-making in a range of industrial contexts. Companies can plan weather-sensitive activities ahead of time using advanced weather notifications, resulting in significant cost savings, greater sustainability, efficiency, and safety. Construction, utilities, oil and gas, media, renewable energy, agriculture, shipping, and aviation are just a few businesses that employ weather forecasting services. Shortly, the renewable energy sector is projected to emerge as one of the primary end-users of the Middle East and Africa weather forecasting services. Growing power consumption and energy demand in several end-use industries has resulted in this dominance. As a result of stringent government regulations, many manufacturing companies are being urged to reduce their greenhouse gas emissions to generate sustainable energy. These strategies are intended to supplement non-renewable energy supplies with renewable energy sources. These factors are projected to increase demand in the Middle East and Africa weather forecasting services market shortly.
The weather forecasting services market in the Middle East & Africa (MEA) is majorly affected by the disruption in the supply chain of equipment and solutions used for weather forecasting. Owing to the various containment measure initiated by the governments—such as travel restrictions, factory shutdowns, and lockdowns—the supply and distribution of electronics equipment were hampered. The COVID-19 pandemic has significantly affected the economies worldwide; however, the MEA region is anticipated to be impacted more as there is already pressure on the economy of various oil-based countries due to falling oil prices. Additionally, factory lockdowns, business shutdowns, and travel bans are further aggravating the economic problems of the countries in the MEA. Hence, the estimated decline in MEA’s economic condition and the impact of COVID-19 on the growth of various industries in the region have negatively impacted the growth of the weather forecasting services market in 2021.
With the new advancements and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Middle East and Africa weather forecasting services market. Weather forecasting services are highly efficient and helpful when dealing with the turbulence and wind shear issues. These services help monitor and measure wind at and near the airport environment. They are also used in the aerospace sector to improve long-range wind awareness. The aviation industry depends heavily on the weather for decision-making is taken without considering the weather. One of the major threats for air travel is safety issues, which has increased with an unbalanced rise in airport capacities and facilities, coupled with frequent extreme weather conditions being experienced in Middle East and Africa. There has been an increase in air accidents due to bad weather conditions, taking the lives of about many passengers in the region. Furthermore, the augmenting focus on operational efficiency and the surge in public-private partnership toward producing more accurate and reliable weather forecasts are creating lucrative market opportunities.
- Middle East and Africa Weather Forecasting Services Market Segmentation
Middle East and Africa Weather Forecasting Services Market – By Industry
- Agriculture
- Aviation
- Marine
- Transport and Logistics
- Energy and Utilities
- Oil and Gas
- Media
- Insurance
- Retail
- Construction and Mining
- Others
Middle East and Africa Weather Forecasting Services Market – By Purpose
- Operational Efficiency
- Safety
- Others
Middle East and Africa Weather Forecasting Services Market – By Forecasting Type
- Nowcast
- Short Range
- Medium Range
- Long Range
Middle East and Africa Weather Forecasting Services Market – By Organization Size
- Large Enterprises
- Small and Medium-Sized Enterprises
- Middle East and Africa Weather Forecasting Services Market – By Country
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Middle East and Africa Weather Forecasting Services Market – By Industry
1.3.2 Middle East and Africa Weather Forecasting Services Market – By Purpose
1.3.3 Middle East and Africa Weather Forecasting Services Market – By Forecasting Type
1.3.4 Middle East and Africa Weather Forecasting Services Market – By Organization Size
1.3.5 Middle East and Africa Weather Forecasting Services Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East and Africa Weather Forecasting Services Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
4.5 Premium Insights
4.5.1 Overview
4.5.1.1 Weatherbit.io
4.5.1.2 AccuWeather
4.5.1.3 Weather Underground
4.5.1.4 World Climate Service
4.5.1.5 Weather Source
4.5.1.6 Meteomatics
5. Weather Forecasting Services Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rapid Change in Climate Leading to Uncertainties in Rainfall
5.1.2 Government Support along with Heightened Investments
5.2 Market Restraints
5.2.1 Rising Difficulties Pertaining to Weather Forecasting Models
5.3 Market Opportunities
5.3.1 Increasing Adoption of Technologically Advanced Systems Among Airports
5.4 Future Trends
5.4.1 Amalgamation of Advanced Technologies in Weather Forecasting Services
5.5 Impact Analysis of Drivers and Restraints
6. Weather Forecasting Services Market – Middle East and Africa Market Analysis
6.1 Middle East and Africa Weather Forecasting Services Market Overview
6.2 Middle East and Africa Weather Forecasting Services Market Forecast and Analysis
7. Middle East and Africa Weather Forecasting Services Market Analysis – By Industry
7.1 Overview
7.2 Weather Forecasting Services, by Industry (2020 and 2028)
7.3 Agriculture
7.3.1 Overview
7.3.2 Agriculture: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Aviation
7.4.1 Overview
7.4.2 Aviation: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Marine
7.5.1 Overview
7.5.2 Marine: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Transport and Logistics
7.6.1 Overview
7.6.2 Transport and Logistics: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Energy and Utilities
7.7.1 Overview
7.7.2 Energy and Utilities: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
7.8 Oil and Gas
7.8.1 Overview
7.8.2 Oil and Gas: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
7.9 Media
7.9.1 Overview
7.9.2 Media: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
7.10 Insurance
7.10.1 Overview
7.10.2 Insurance: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
7.11 Retail
7.11.1 Overview
7.11.2 Retail: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
7.12 Construction and Mining
7.12.1 Overview
7.12.2 Construction and Mining: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
7.13 Others
7.13.1 Overview
7.13.2 Others: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
8. Middle East and Africa Weather Forecasting Services Market Analysis – By Purpose
8.1 Overview
8.2 Weather Forecasting Services, by Purpose (2020 and 2028)
8.3 Operational Efficiency
8.3.1 Overview
8.3.2 Operational Efficiency: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Safety
8.4.1 Overview
8.4.2 Safety: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
9. Middle East and Africa Weather Forecasting Services Market Analysis – By Forecasting Type
9.1 Overview
9.2 Weather Forecasting Services, by Forecasting Type (2020 and 2028)
9.3 Nowcast
9.3.1 Overview
9.3.2 Nowcast: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Short-Range
9.4.1 Overview
9.4.2 Short-Range: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Medium-Range
9.5.1 Overview
9.5.2 Medium-Range: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Long-Range
9.6.1 Overview
9.6.2 Long-Range: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
10. Middle East and Africa Weather Forecasting Services Market Analysis – By Organization Size
10.1 Overview
10.2 Weather Forecasting Services, by Organization Size (2020 and 2028)
10.3 Small and Medium-Sized Enterprises
10.3.1 Overview
10.3.2 Small and Medium-Sized Enterprises: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Large Enterprises
10.4.1 Overview
10.4.2 Large Enterprises: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
11. Middle East and Africa Weather Forecasting Services Market – Country Analysis
11.1 MEA: Weather Forecasting Services Market
11.1.1 MEA: Weather Forecasting Services Market- by Key Country
11.1.1.1 Saudi Arabia: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 Saudi Arabia: Weather Forecasting Services Market- by Industry
11.1.1.1.2 Saudi Arabia: Weather Forecasting Services Market- By Purpose
11.1.1.1.3 Saudi Arabia: Weather Forecasting Services Market- By Forecasting Type
11.1.1.1.4 Saudi Arabia: Weather Forecasting Services Market- By Organization Size
11.1.1.2 UAE: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 UAE: Weather Forecasting Services Market- by Industry
11.1.1.2.2 UAE: Weather Forecasting Services Market- By Purpose
11.1.1.2.3 UAE: Weather Forecasting Services Market- By Forecasting Type
11.1.1.2.4 UAE: Weather Forecasting Services Market- By Organization Size
11.1.1.3 South Africa: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 South Africa: Weather Forecasting Services Market- by Industry
11.1.1.3.2 South Africa: Weather Forecasting Services Market- By Purpose
11.1.1.3.3 South Africa: Weather Forecasting Services Market- By Forecasting Type
11.1.1.3.4 South Africa: Weather Forecasting Services Market- By Organization Size
11.1.1.4 Rest of MEA: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.1 Rest of MEA: Weather Forecasting Services Market- by Industry
11.1.1.4.2 Rest of MEA: Weather Forecasting Services Market- By Purpose
11.1.1.4.3 Rest of MEA: Weather Forecasting Services Market- By Forecasting Type
11.1.1.4.4 Rest of MEA: Weather Forecasting Services Market- By Organization Size
12. Middle East and Africa Weather Forecasting Services Market - COVID-19 Impact Analysis
12.1 Middle East and Africa
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 Merger and Acquisition
14. Company Profiles
14.1 AccuWeather, Inc.
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 IBM Corporation
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 DTN
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 StormGeo
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Fugro
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Glossary
LIST OF TABLES
Table 1. Middle East and Africa Weather Forecasting Services Market, Revenue and Forecast, 2019–2028 (US$ Mn)
Table 2. Saudi Arabia: Weather Forecasting Services Market- by Industry –Revenue and Forecast to 2028 (US$ Million)
Table 3. Saudi Arabia: Weather Forecasting Services Market- By Purpose –Revenue and Forecast to 2028 (US$ Million)
Table 4. Saudi Arabia: Weather Forecasting Services Market- By Forecasting Type –Revenue and Forecast to 2028 (US$ Million)
Table 5. Saudi Arabia: Weather Forecasting Services Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 6. UAE: Weather Forecasting Services Market- by Industry –Revenue and Forecast to 2028 (US$ Million)
Table 7. UAE: Weather Forecasting Services Market- By Purpose –Revenue and Forecast to 2028 (US$ Million)
Table 8. UAE: Weather Forecasting Services Market- By Forecasting Type –Revenue and Forecast to 2028 (US$ Million)
Table 9. UAE: Weather Forecasting Services Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 10. South Africa: Weather Forecasting Services Market- by Industry –Revenue and Forecast to 2028 (US$ Million)
Table 11. South Africa: Weather Forecasting Services Market- By Purpose –Revenue and Forecast to 2028 (US$ Million)
Table 12. South Africa: Weather Forecasting Services Market- By Forecasting Type –Revenue and Forecast to 2028 (US$ Million)
Table 13. South Africa: Weather Forecasting Services Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of MEA: Weather Forecasting Services Market- by Industry –Revenue and Forecast to 2028 (US$ Million)
Table 15. Rest of MEA: Weather Forecasting Services Market- By Purpose –Revenue and Forecast to 2028 (US$ Million)
Table 16. Rest of MEA: Weather Forecasting Services Market- By Forecasting Type –Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of MEA: Weather Forecasting Services Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 18. Glossary of Terms, Weather Forecasting Services Market
LIST OF FIGURES
Figure 1. Weather Forecasting Services Market Segmentation
Figure 2. Weather Forecasting Services Market Segmentation - Country
Figure 3. Weather Forecasting Services Market Overview
Figure 4. Weather Forecasting Services Market, By Industry
Figure 5. Weather Forecasting Services Market, By Purpose
Figure 6. Weather Forecasting Services Market, By Forecasting Type
Figure 7. Weather Forecasting Services Market, By Organization Size
Figure 8. Weather Forecasting Services Market, By Country
Figure 9. Middle East & Africa PEST Analysis
Figure 10. Weather Forecasting Services Market Ecosystem Analysis
Figure 11. Expert Opinion
Figure 12. Weather Forecasting Services Market Impact Analysis of Drivers and Restraints
Figure 13. Middle East and Africa Weather Forecasting Services Market, Forecast and Analysis (US$ Mn)
Figure 14. Weather Forecasting Services Market Revenue Share, by Industry (2020 and 2028)
Figure 15. Agriculture: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Aviation: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Marine: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Transport and Logistics: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Energy and Utilities: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Oil and Gas: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Media: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Insurance: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Retail: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Construction and Mining: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Others: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Weather Forecasting Services Market Revenue Share, by Purpose (2020 and 2028)
Figure 27. Operational Efficiency: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Safety: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Others: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Weather Forecasting Services Market Revenue Share, by Forecasting Type (2020 and 2028)
Figure 31. Nowcast: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Short-Range: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Medium-Range: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Long-Range: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Weather Forecasting Services Market Revenue Share, by Organization Size (2020 and 2028)
Figure 36. Small and Medium-Sized Enterprises: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Large Enterprises: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Middle East and Africa: Weather Forecasting Services Market, by Key Country – Revenue (2020) (USD Million)
Figure 39. MEA: Weather Forecasting Services Market Revenue Share, by Key Country (2020 and 2028)
Figure 40. Saudi Arabia: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. UAE: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. South Africa: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. Rest of MEA: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. Impact of COVID-19 Pandemic in MEA Country Markets
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- AccuWeather, Inc.
- IBM Corporation
- DTN
- StormGeo
- Fugro
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