Storm Tracking Apps Market Size & Share, by Software Type (IOS, Android Platform); End-Users (Commercial Users, Private Users) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 3496
  • Published Date: Mar 05, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Storm Tracking Apps Market size is expected to reach USD 3.8 Billion by the end of 2036, growing at a CAGR of 9.5% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of the storm tracking apps was USD 838 Million. This is attributed to the surge in the number of weather events globally especially in the coastal areas which increased the use of storm apps to prepare and deal with the severe weather event.  The storms have increased drastically due to global warming, rapid deforestation, and melting glaciers among others. According to recent data, around least 12000 people lost their lives in severe weather events in the year 2023 which was 30% more than in 2022. 

In addition, technological advancements such as advanced radar systems, improve mobile connectivity which will help many people to access the app. Furthermore, the growing usage of mobile phones and increasing penetration of the internet is the reason for wider access to storm apps among users. According to recent reports, there are 4.27 billion mobile internet users worldwide and 65.5 % of the entire world’s population has internet access.


Storm Tracking Apps Market
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Storm Tracking Apps Market: Growth Drivers and Challenges

Growth Drivers

  • Rapid Adoption of Storm Tracking Apps in Transport and Logistic Sectors- Weather patterns can affect delivery of goods from one place to another. Weather conditions can break the chain of goods being transported to their final destination and on time. This factor compels logistic sector to improve its infrastructure and, in this way, logistics sectors largely depend on storm tracking apps. According to the Federal Highway Administration in March 2022, weather is responsible for 23% of all roadway delays, causing over 32 billion lost vehicles per hour. To prevent such losses, the transport sector is using weather forecasting services.
  • IOT Integration in Storm Tracking Apps - IOT integration with storm tracking apps is an emerging trend and has an important role in storm tracking apps market. High accuracy with a detailed scenario of weather events is provided with IOT and it also benefitted the various sectors including transportation, construction, and agriculture as these sectors are prone to extreme weather events. With IOT integration, storm tracking apps have proved to be cost-effective as it allows companies or businesses to optimize resource usage. For instance, satellite remote sensing works by using multispectral cameras fitted on satellite internet to detect electromagnetic energy that hits the crops.
  • Global Awareness Regarding Climate Change- Awareness about climate change is growing. Various organizations including NGOs, Businesses, and the government give importance to storm-tracking apps and tools to deal with climate change. Moreover, the WHO has an important role in implementing a broad range of activities on climate change which include advocacy campaigns and multimedia products like the WHO/Europe annual Keepcool campaign in response to heat waves. Furthermore, to deal with climate change and severe weather events, various sectors including transportation, agriculture, and others are relying on weather forecasting apps. In addition, the role of media is also important to increase awareness about the storm tracking apps to better deal with severe weather events.

Challenges

  • Network Issues in Extreme Weather Events- In extreme weather events, there can be network issues that will impact the performance of storm tracking apps. Moreover, in severe weather events, the effectiveness of the apps can be compromised due to loss of internet connection. There are remote areas with no proper internet connection as these apps are highly dependable on the internet connectivity.
  • Lack of awareness about the usage of storm tracking apps among users.
  • Rising concern of privacy as some users may not find preferable to share their personal data with the storm tracking apps.

Storm Tracking Apps Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

 ~ 9.5%

Base Year Market Size (2023)

~ USD 838 Million

Forecast Year Market Size (2036)

~ USD 3.8 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Storm Tracking Apps Segmentation

Software Type (IOS, Android Platform)

The Android platform segment is predicted to account for 58% share of the global storm tracking apps market by 2036. The segment growth can be attributed to the accessibility of smartphones worldwide that help Android smartphone users stay informed about severe weather conditions and take necessary precautions. According to recent reports, there are approximately 6.4 Billion smartphones worldwide. Moreover, storm tracking apps come up with many features such as storm tracking maps, weather alerts, and notifications which help users be informed about upcoming storms and prepare in advance to deal with severe weather events.

End- Users (Commercial Users, Private Users)

The commercial users' segment is predicted to account for 55% share of the global storm tracking apps market by 2036. The segment growth can be attributed to the increasing demand for accurate weather conditions to reduce the risk and damage caused by the storm. Commercial users such as construction businesses, and airline companies have access to storm-tracking apps to plan their operations accordingly and also ensure the safety of their workers by monitoring and tracking various severe weather events as these apps provide real-time alerts and signals to the users.

Our in-depth analysis of the global storm tracking apps market includes the following segments:

     Software Type

  • Android Platform
  • IOS

     End-Users

  • Commercial Users
  • Private Users

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Storm Tracking Apps Industry-Regional Synopsis

North American Market Forecast

Storm tracking apps market in the North America region is anticipated to hold the largest share of about 38% by the end of 2036. The regional growth is attributed to various technological advances such as improvements in computer forecast and also the rise in use of super computers, which can generate accurate weather predications. According to Recent information, there were 170 supercomputers as of November 2023. In addition, increased penetration of internet connection and end users sectors in region have demand for storm tracking apps market. Businesses in this region are the first to use contemporary technologies and due to which technology has huge role in generating accurate weather predictions. Moreover, the rising incidence of natural disasters due to unwanted climate changes and further security concerns related severe weather events boost the growth of storm apps market in the region.

European Market Analysis

The storm tracking apps market in Europe region is estimated to be the second largest, registering a share of about 25% by the end of 2036. The market’s expansion can be attributed to changing climate patterns such as storm uncertainties, and global warming. According to National Centers for Environment Information, Europe had above-average monthly temperatures throughout the year 2022. The construction, business, and aviation industries in the region are dependent on weather forecasting apps to stay updated about weather events to ensure cost savings and sustainability. In addition, storm apps help provide information to the aerospace sector which further improves long-range wind awareness. The aviation industry depends heavily on weather forecasting apps to ensure the safety of passengers. Moreover, the apps are highly efficient when dealing with turbulence and wind shear issues. Furthermore, there has been an increase in air accidents due to bad weather conditions, taking the lives of many passengers in the region. According to Eurostat, there were approximately 145 people died in 2022 in aviation accidents due to bad weather in the Europe region.

Research Nester
Storm Tracking Apps Market Size
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Companies Dominating the Storm Tracking App Market

top-features-companies
    • AccuWeather.INC
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • The weather company
    • DTN LLC
    • CARROT Weather
    • Apalon LLC
    • Radarscope LLC
    • ACME AtronOmatic
    • Weatherbug
    • The Scripps Company
    • Severe WX Warn

In-the-news

In The News

  • AccuWeather.INC which is the world‘s popular weather forecasting company launched its AccuWeather API in collaboration with API3, the leading first party oracle solution, which enables Web API providers to offer accurate weather data directly on-chain. Moreover, the deal enabled API3 to provide the most accurate weather forecast to benefit the users. The partnership of the AccuWeather with API3 created opportunities to control its own oracle node which serves data to end users.
  • The Weather Company, acquired by IBM and Francisco Partners, a global investment firm that specialized in partnering with technology enabled businesses, signed a definitive agreement in which Francisco Partners that will acquire the weather company assets from IBM. The assets included digital consumer facing offerings, cloud based digital properties such as Weather.com and storm radar. In addition, Weather Company would also bring its forecasting and technology platform to Francisco Partners.

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 3496
  • Published Date: Mar 05, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rapid adoption of storm tracking apps in transport and logistic sectors, IoT integration in storm tracking apps are the major factors driving the growth of the storm tracking apps market.

The market size of storm tracking apps is anticipated to attain a CAGR of 9.5% over the forecast period, i.e., 2024-2036.

The major players in the market are AccuWeather.INC, The weather company, DTN LLC, CARROT Weather, Apalon LLC and others.

The android platform segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North America is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Storm Tracking Apps Market Report Scope
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