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AI-Based Climate Modelling Market Size

  • Report ID: GMI12534
  • Published Date: Dec 2024
  • Report Format: PDF

AI-Based Climate Modelling Market Size

The global AI-based climate modelling market size was valued at USD 266.4 million in 2024 and is projected to grow at a CAGR of 23.1% between 2025 and 2034, driven by the growing awareness of climate change and its devastating impacts, prompting the need for advanced tools to predict and mitigate risks effectively. Rapid advancements in AI technologies, such as machine learning and deep learning, have enabled more accurate, granular, and real-time climate predictions.

 

Governments and organizations are increasing investments in climate resilience initiatives, while regulatory pressures on climate-related disclosures and sustainability practices are fostering demand for sophisticated AI tools. Moreover, the growing availability of high-quality climate data and integration with other technologies like IoT and cloud computing further enhances the applicability of AI models. This market is also propelled by industries such as energy, agriculture, and insurance seeking data-driven strategies for risk assessment and resource management?.
 

For instance, in April 2023, ClimateAI, a pioneering start-up in AI-driven climate change mitigation, raised USD 22 million in Series B funding in 2023. Its platform utilizes AI for climate risk modeling, offering long-term forecasts and risk assessments tailored to crop yields and supply chains. These insights enable businesses to take proactive steps to adapt to future climate disruptions effectively. This innovation highlights AI’s potential to address pressing climate challenges.
 

Another growth driver of the AI-based climate modelling market is the increasing need for predictive tools in disaster risk management. With the frequency of extreme weather events rising due to climate change, governments, and organizations are leveraging AI-driven models for early warning systems and preparedness planning. These tools enhance the ability to minimize economic losses and protect vulnerable populations. This growing reliance on AI for real-time and long-term disaster resilience is boosting market demand?.

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The market size of AI-based climate modelling reached USD 266.4 million in 2024 and is set to grow at a 23.1% CAGR from 2025 to 2034, driven by the growing awareness of climate change and its impacts.

The weather forecasting segment held over 45% of the market share in 2024, led by the critical need for accurate, real-time weather predictions in sectors like agriculture, energy, and transportation.

The U.S. market accounted for 80% of the revenue share in 2024 and is expected to exceed USD 500 million by 2034, supported by its strong technological infrastructure and leadership in AI research and development.

The key players in the industry include AccuWeather, Arundo Analytics, Atmos AI, ClimateAI, Google, IBM, Jupiter Intelligence, Microsoft Corporation, Open Climate Fix, and Weather Technologies.

AI-Based Climate Modelling Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 20
  • Tables & Figures: 200
  • Countries covered: 21
  • Pages: 180
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