South America 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 South America weather forecasting services market is expected to grow from US$ 47.20 million in 2021 to US$ 71.05 million by 2028; it is estimated to grow at a CAGR of 6.0% from 2021 to 2028.
Weather forecasting is a consulting service that delivers real-time forecasts and aids in efficient day-to-day planning and informed decision-making in various industrial settings. Advanced weather notifications enable enterprises to plan weather-sensitive operations ahead of time, ensuring safety, efficiency, better sustainability, and significant cost savings. Weather forecasting services are used extensively in various industries, including oil and gas, renewable energy, shipping, media, agriculture, aviation, utilities, and construction. Over the projection period, the renewable energy sector is expected to dominate the market, owing to increased electricity consumption and energy requirements in various end-use industries. Various industrial enterprises are being encouraged to cut their greenhouse gas emissions to produce clean energy due to further strong government measures aimed at substituting non-renewable resources with renewable energy. During the forecast period, these factors are anticipated to increase demand for weather forecasting services.
Brazil witnessed the highest number of COVID-19 cases in South America. Governments in South America have taken an array of actions to protect their citizens and contain COVID-19’s spread. The demand for weather forecasting services has witnessed considerable growth, owing to constant fluctuation in weather patterns across the region and an increase in natural disasters. In addition to this, various manufacturing units also faced negative impacts due to supply chain disruptions and the non-availability of raw materials used to produce weather forecast equipment. The sharp decline in business activities and product sales are expected to directly affect the growth rate of the weather forecast services market in this region.
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 South America weather forecasting services market. With a constant increase in the temperature and the air becoming warmer, water evaporation has intensified, leading to frequent downpours and heavy snowfall. This heavy precipitation is not spread evenly across the region with some places not getting required amount of precipitation. Since climate change causes a shift in air and ocean currents, it changes weather patterns. The rising incidence of natural disasters due to undesired climatic changes and subsequent security concerns has surfaced as the key factor behind the growth in the South America weather forecasting services market. Advanced and reliable weather forecasting achieved within the stipulated time can lead to significant cost savings and also help with protection against catastrophes and natural disasters. The technological advancements in computing systems, such as advanced data analytics, model development, and machine learning tools and techniques, are likely to boost he demand for weather forecasting services market.
South America Weather Forecasting Services Market Segmentation
South America 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
South America Weather Forecasting Services Market – By Purpose
- Operational Efficiency
- Safety
- Others
South America Weather Forecasting Services Market – By Forecasting Type
- Nowcast
- Short Range
- Medium Range
- Long Range
South America Weather Forecasting Services Market – By Organization Size
- Large Enterprises
- Small and Medium-Sized Enterprises
South America Weather Forecasting Services Market – By Country
- Brazil
- Argentina
- Rest of South America
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 South America Weather Forecasting Services Market – By Industry
1.3.2 South America Weather Forecasting Services Market – By Purpose
1.3.3 South America Weather Forecasting Services Market – By Forecasting Type
1.3.4 South America Weather Forecasting Services Market – By Organization Size
1.3.5 South America Weather Forecasting Services Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South America 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 Rapidly Changing Climatic Patterns Causing Uncertainties in Rainfall
5.1.2 Increasing Government Support and Investments
5.2 Market Restraints
5.2.1 Rise in Complications Associated with Weather Forecasting Models
5.3 Market Opportunities
5.3.1 Installation of Technologically Advanced Systems Among Airports
5.4 Future Trends
5.4.1 Application of Advanced Technologies in Weather Forecasting Services
5.5 Impact Analysis of Drivers and Restraints
6. Weather Forecasting Services Market – South America Market Analysis
6.1 South America Weather Forecasting Services Market Overview
6.2 South America Weather Forecasting Services Market Forecast and Analysis
7. South America 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. South America 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. South America 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. South America 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. South America Weather Forecasting Services Market Country Analysis
11.1 SAM: Weather Forecasting Services Market
11.1.1 SAM: Weather Forecasting Services Market- by Key Country
11.1.1.1 Brazil: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 Brazil: Weather Forecasting Services Market- by Industry
11.1.1.1.2 Brazil: Weather Forecasting Services Market- By Purpose
11.1.1.1.3 Brazil: Weather Forecasting Services Market- By Forecasting Type
11.1.1.1.4 Brazil: Weather Forecasting Services Market- By Organization Size
11.1.1.2 Argentina: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 Argentina: Weather Forecasting Services Market- by Industry
11.1.1.2.2 Argentina: Weather Forecasting Services Market- By Purpose
11.1.1.2.3 Argentina: Weather Forecasting Services Market- By Forecasting Type
11.1.1.2.4 Argentina: Weather Forecasting Services Market- By Organization Size
11.1.1.3 Rest of SAM: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 Rest of SAM: Weather Forecasting Services Market- by Industry
11.1.1.3.2 Rest of SAM: Weather Forecasting Services Market- By Purpose
11.1.1.3.3 Rest of SAM: Weather Forecasting Services Market- By Forecasting Type
11.1.1.3.4 Rest of SAM: Weather Forecasting Services Market- By Organization Size
12. South America Weather Forecasting Services Market COVID-19 Impact Analysis
12.1 South America
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
14.6 ENAV S.p.A.
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 The Tomorrow Companies Inc.
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Glossary
LIST OF TABLES
Table 1. South America Weather Forecasting Services Market, Revenue and Forecast, 2019–2028 (US$ Mn)
Table 2. Brazil: Weather Forecasting Services Market- by Industry –Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil: Weather Forecasting Services Market- By Purpose –Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil: Weather Forecasting Services Market- By Forecasting Type –Revenue and Forecast to 2028 (US$ Million)
Table 5. Brazil: Weather Forecasting Services Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 6. Argentina: Weather Forecasting Services Market- by Industry –Revenue and Forecast to 2028 (US$ Million)
Table 7. Argentina: Weather Forecasting Services Market- By Purpose –Revenue and Forecast to 2028 (US$ Million)
Table 8. Argentina: Weather Forecasting Services Market- By Forecasting Type –Revenue and Forecast to 2028 (US$ Million)
Table 9. Argentina: Weather Forecasting Services Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 10. Rest of SAM: Weather Forecasting Services Market- by Industry –Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of SAM: Weather Forecasting Services Market- By Purpose –Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of SAM: Weather Forecasting Services Market- By Forecasting Type –Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of SAM: Weather Forecasting Services Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 14. 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. South America 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. South America 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. South America: Weather Forecasting Services Market, by Key Country – Revenue (2020) (USD Million)
Figure 39. SAM: Weather Forecasting Services Market Revenue Share, by Key Country (2020 and 2028)
Figure 40. Brazil: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. Argentina: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Rest of SAM: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. Impact of COVID-19 Pandemic in SAM Country Markets
CONTACT US
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- AccuWeather, Inc.
- IBM Corporation
- DTN
- StormGeo
- Fugro
- ENAV S.p.A.
- The Tomorrow Companies Inc.
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