Latin America Weather Forecasting Services Market Size & Outlook
Latin America weather forecasting services market highlights
- The Latin America weather forecasting services market generated a revenue of USD 217.5 million in 2024.
- The market is expected to grow at a CAGR of 7.3% from 2025 to 2030.
- In terms of segment, medium-range was the largest revenue generating forecast in 2024.
- Nowcasting is the most lucrative forecast segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 217.5 million |
| Market revenue in 2030 | USD 332.2 million |
| Growth rate | 7.3% (CAGR from 2025 to 2030) |
| Largest segment | Medium-range |
| Fastest growing segment | Nowcasting |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nowcasting, Short-range, Medium-range, Long-range |
| Key market players worldwide | AccuWeather, Vaisala, Climavision, DTN, ENAV, Fugro, The Weather Company, Met Office, Precision Weather, StormGeo, AEM, Pelmorex Media |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.0% of the global weather forecasting services market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,218.3 million by 2030.
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Weather Forecasting Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Pelmorex Media | View profile | 251-500 | Oakville, Ontario, Canada, North America | http://www.pelmorex.com |
| AEM | View profile | 251-500 | Herndon, Virginia, United States, North America | https://www.aemcorp.com |
| StormGeo | View profile | 501-1000 | Bergen, Hordaland, Norway, Europe | http://www.stormgeo.com/ |
| Precision Weather | View profile | 1-10 | Portland, Maine, United States, North America | https://precisionweather.com/ |
| Climavision | View profile | 51-100 | Louisville, Kentucky, United States, North America | https://www.climavision.com |
| Vaisala | View profile | 1001-5000 | Vantaa, Southern Finland, Finland, Europe | http://www.vaisala.com |
| The Weather Company | View profile | 51-100 | Atlanta, Georgia, United States, North America | https://www.ibm.com/weather |
| AccuWeather | View profile | 101-250 | State College, Pennsylvania, United States, North America | http://www.accuweather.com |
| Met Office | View profile | 1001-5000 | Devon, Pennsylvania, United States, North America | http://www.metoffice.gov.uk |
| ENAV | View profile | 5001-10000 | Rome, Lazio, Italy, Europe | https://www.enav.it |
| Fugro | View profile | 10001+ | Leidschendam, Zuid-Holland, The Netherlands, Europe | http://www.fugro.com |
| DTN | View profile | 1-10 | Niagara Falls, New York, United States, North America | http://www.disabilitytodaynetwork.com |
Latin America weather forecasting services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to weather forecasting services market will help companies and investors design strategic landscapes.
Medium-range was the largest segment with a revenue share of 29.66% in 2025. Horizon Databook has segmented the Latin America weather forecasting services market based on nowcasting, short-range, medium-range, long-range covering the revenue growth of each sub-segment from 2021 to 2033.
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Our clientele includes a mix of weather forecasting services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America weather forecasting services market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America weather forecasting services market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Latin America weather forecasting services market size, by country, 2021-2033 (US$M)
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