Blockchain Press Releases
Weather Forecasting Services Market size worth $ 4.18 Billion, Globally, by 2030 at 13.19% CAGR: Verified Market Research®
The “Global Weather Forecasting Services Market Size By Forecasting Type, By End User Industry, By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Weather Forecasting Services Market, including its growth prospects, market trends, and market challenges
JERSEY CITY, N.J., July 31, 2023 /PRNewswire/ — The Global Weather Forecasting Services Market is projected to grow at a CAGR of 13.19% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 1.76 Billion in 2022 and is expected to reach USD 4.18 Billion by the end of the forecast period.
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Browse in-depth TOC on “Weather Forecasting Services Market“
202 – Pages
126 – Tables
37 – Figures
Weather Forecasting Services Market: Strong Development Fueled by Technological Advances and Wide-Ranging Industry Applications
The rising demand for precise weather forecasts and the incorporation of cutting-edge technologies are expected to propel the global Weather Forecasting Services Market to considerable growth in the upcoming years. In order for businesses and industries to make educated decisions and enhance safety measures, weather forecasting services play a significant role in delivering essential information about the atmospheric conditions.
The process of providing weather forecasting services entails gathering objective atmospheric data at predetermined sites, which is then analysed using meteorology to forecast upcoming weather conditions. Human involvement is crucial in choosing the best forecasting model because of the importance of weather forecasts and the use of various forecasting techniques.
Several important factors, including the following, are fueling the market expansion of Weather Forecasting Services Market:
- Transport and Logistics Sector: To streamline operations and improve infrastructure management, the transportation and logistics sector primarily relies on weather forecasts. They can plan routes, timetable shipments, and reduce hazards in bad weather thanks to accurate weather forecasts.
- Agriculture industry: As the world’s population continues to rise, there is an increasing need for accurate weather forecasts in the agricultural industry. Accurate forecasts help farmers plan their planting and harvesting dates and successfully carry out crop protection procedures.
- Aviation Industry: To maintain safe flight operations, weather forecasts are essential for the aviation industry. Reliable forecasts give airlines the ability to foresee weather-related problems and take preventative action, improving passenger safety and minimising disruptions.
- Renewable Energy Sector: Advances in the renewable energy industry have raised the need for accurate weather predictions. These projections help manage the energy supply more effectively and optimise energy production from renewable sources like solar and wind power.
- Technological Developments: The use of faster supercomputers, advanced radars, tiny satellites, and big data analytics has greatly increased the precision and effectiveness of weather forecasting. The market has substantial growth potential thanks to this technical advancement.
The dynamic nature of atmospheric variables and the complexity of weather forecast models, however, present obstacles to the Weather Forecasting Services Market expansion. Sophisticated forecasting approaches are necessary due to the interaction of numerous elements, including satellite imaging, surface data, precipitation reports, and inputs from various forecasters.
However, with continued use of big data analytics and predictive approaches, meteorological scientists are now better able to predict hurricanes, floods, snowstorms, and other weather phenomena. The analysis of past and present weather data has created new possibilities for Weather Forecasting Services Market.
North America dominates the market in terms of regional market shares because of significant investments in research and development, a pool of qualified professionals, and an established technical infrastructure. On the other hand, the Asia-Pacific area has the quickest rate of growth due to ongoing improvements in the infrastructure for technology.
Key Players in the Weather Forecasting Services Market:
- AccuWeather, Inc.
- Meteosim S.L.
- StormGeo
- DTN
- Precision Weather Services
- Meteoblue AG
- CustomWeather
- Weather Routing Inc.
- TempoQuest
- Skymet Weather Services Pvt Ltd.
- GLOBAL WEATHER CORPORATION.
These key players are actively advancing weather forecasting services by utilising their knowledge and technological prowess to satisfy the various demands of businesses and industries around the world.
The Weather Forecasting Services Market is anticipated to experience significant expansion in the next years due to technological improvements and growing awareness of the hazards associated with the weather as the demand for accurate weather forecasts continues to rise across numerous industries.
To get market data, market insights, financial statements and a comprehensive analysis of the Global Weather Forecasting Services Market, please Contact Verified Market Research®.
Based on the research, Verified Market Research® has segmented the global Weather Forecasting Services Market into Forecasting Type, End User Industry, And Geography.
- Weather Forecasting Services Market, by Forecasting Type
- Short-range Forecasting
- Medium-range Forecasting
- Long-range Forecasting
- Weather Forecasting Services Market, by End User Industry
- Transportation
- Aviation
- Energy & Utilities
- Banking Financial Services & Insurance (BFSI)
- Agriculture
- Media
- Manufacturing
- Retail
- Others
- Weather Forecasting Services Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
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DUBAI, UAE, May 14, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has recently released a weekly crypto derivatives analytics report in collaboration with Block Scholes, followed by an exclusive insights report with the spotlight on ETH’ great comeback.
With investors flocking to ETH following the Pectra upgrade, the research shed light on what every trader is asking: will the ETH rally last? Leading the race since May 7, ETH has been a tour de force with wild gains dwarfing that of BTC’s.
Key Highlights:
- It wasn’t just Pectra: The new insights report by Bybit, published on Tuesday, attributed ETH’s “landmark surge” to drivers beyond the Pectra upgrade. A deep dive into underlying factors that built momentum for ETH’s breakout moment. Macroeconomic developments including signs of relief in the tariffs debacles created conditions for the broader markets to recover, while over $500 million in ETH short liquidations had an immediate and positive effect on its price performance.
The report also mapped out a change in leadership direction and Vitalik Buterin’s new vision for Ethereum, which include a package of reforms to streamline processes and boost efficiency and flexibility. With transition plans for existing projects, the leadership set out to build a more durable and scalable Ethereum blockchain with up to 100x throughput.
- ETH Outperformed BTC: In last week’s Bybit and Block Scholes report, ETH’s new high of single-day gain since 2021 outshone the top rest of the top ten cryptocurrencies. With the spike in implied volatility for short term tenors and ETH’s inverted term structure, crypto’s No. 2 currency won over derivatives traders placed $60 million more in calls than puts for ETH on May 8, 2025, in contrast to BTC’s muted structure.
ETH stood out in the rally across almost all indicators, radiating positivity from funding rates to the close to 10% put/call skew towards calls in the first week of May, a world apart from its 20% skew on the puts side only a month ago.
#Bybit / #TheCryptoArk /#BybitResearch
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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Blockchain Press Releases
Bybit Pay Goes Global: Seamless Crypto Payments Now Available in 15 Major Cryptocurrencies
DUBAI, UAE, May 13, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the next phase of crypto innovation with the global launch of Bybit Pay. The ground-breaking crypto payment solution which debuted in Brazil is now available for all eligible global users of Bybit.
Bybit Pay Global: Joining the Crypto Payment Revolution
Initially launched in January 2025, Bybit Pay debuted in Brazil and recently presented itself at Web Summit Rio, where thousands of attendees got their hands on the instant payment solution at the Bybit booth. Starting now, over 70 million Bybit international users may live up their crypto lifestyle on the go with Bybit Pay. The expansion is a step forward in financial inclusion for Bybit’s global community, removing the need for costly legacy intermediaries and physical cards—all one needs is a compatible mobile device.
In a few days since its global launch, Bybit Pay recorded over 40,000 transactions. The digital payment gateway enables users to make payments across a global network of merchants online and offline. It currently supports 15 mainstream cryptocurrencies including USDT, USDC, BTC, ETH, XRP, MNT, BNB, TON, and more.
Bybit Pay has also released new features, Send and Receive:
- Bybit Pay Send allows users to transfer digital assets to business or individual payees in an instant using just the recipient’s email addresses, phone numbers, or Bybit User IDs in-app and on the Bybit website.
- Bybit Pay Receive enables users to get paid with a unique personal QR code tailored for their personal preferences of desired amounts or currencies.
The Bybit Pay platform integrates wallet management functionalities for both fiat and crypto. Built with blockchain-backed security, Bybit Pay ensures tamper-proof transactions through on-chain encryption, optimizing security and user privacy.
Leveraging the instant finality of cryptocurrencies, Bybit Pay offers a seamless and secure on and off-ramp experience for senders and receivers of digital assets.
Bybit Send & Earn: 100,000 USDT in Prizes
From now until May 30, eligible users may register for Bybit Send & Earn to share in a total prize pool of 100,000 USDT.
“Bybit is proud to play a role in advancing payment innovation with the global launch of Bybit Pay. It provides our users with an ultra user-friendly solution for their daily crypto spending and transaction needs, while Bybit gets to serve the broader community and bring more payment freedom and convenience to the underbanked,” said Krista Chan, Head of Marketing, Payment Business Unit at Bybit.
Bybit Pay currently serves global users who have successfully completed Identity Verification on Bybit. Users from Service Restricted Countries or local Bybit entities are not currently supported. For the latest updates and detailed terms and conditions, users may refer to the Bybit Pay official page.
#Bybit #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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Blockchain Press Releases
Midnight Foundation Launches to Support Growth of Secure and Decentralized Blockchain Network
Led by former Input | Output (IO) and Parity Technologies executive Fahmi Syed, the Midnight Foundation will support the growth of Midnight’s rational privacy ecosystem and guide its transition to full decentralization.
TORONTO, May 13, 2025 /PRNewswire/ — Consensus 2025 — Today marks the official launch of the Midnight Foundation, an organization committed to supporting the growth of the Midnight blockchain ecosystem. Midnight is a platform enabling decentralized applications that deliver rational privacy – programmable data protection with selective disclosure. The Foundation’s core mission is to foster a thriving developer community, expand access to Midnight’s privacy-first technology, and guide the network’s evolution toward full decentralization.
Through a wide range of initiatives—including open-source tooling, education, and targeted funding—the Foundation will support builders developing real-world use cases using Midnight. Crucially, the Foundation will also play a leading role in Midnight’s path to autonomous governance. As the network matures, control over protocol upgrades, treasury allocation, and ecosystem development will transition to NIGHT token holders through on-chain voting. The Foundation will ensure this transition is secure, transparent, and community-driven.
These efforts will be key to empowering the Foundation to redefine what Web3 infrastructure can become: private, compliant, decentralized—and ready for real-world adoption.
The Midnight Foundation will be led by Fahmi Syed who has been appointed as President. A recognized leader in decentralized governance and digital innovation, Syed brings over two decades of experience in financial strategy, operational leadership, and decentralized technology to the role. Most recently, he supported the development of the Midnight project at IO. Prior to that, he was CFO at Parity Technologies, the team behind Polkadot and Kusama, where he led financial operations during a period of rapid ecosystem expansion.
Earlier in his career, Syed was Chief Operating Officer at FIFTHDELTA, Europe’s largest hedge fund launch of 2021. He also held senior leadership roles at Marshall Wace, where he contributed to the firm’s global growth to $45 billion in assets under management.
The core development of the Midnight network itself was led by Shielded Technologies, an engineering spinout from IO, the creators of innovations such as Cardano.
Shielded Technologies was founded to pioneer privacy-first, regulation-ready decentralized technologies, and continues to play an integral role in supporting Midnight’s technical innovation and ecosystem growth.
Commenting on his appointment, Syed said: “The Midnight Foundation has an extraordinary opportunity to shape the future of decentralized technology in a way that truly protects users’ rights and privacy. I’m honored to lead this mission at such a critical time. Working alongside Shielded Technologies and its visionary CEO, Eran Barak, we are committed to building a thriving, global ecosystem that brings Midnight’s transformative technology to life for developers, businesses, and communities everywhere.”
A new kind of blockchain network, Midnight is designed to overcome the limitations of traditional blockchains that expose all transaction data by default. It uses zero-knowledge cryptography and a cooperative tokenomics design to enable truly private, censorship-resistant, and regulation-ready applications.
Its public utility token, NIGHT, enables governance and rewards, while its shielded resource, DUST, powers transactions without exposing metadata or wallet details. Unlike typical blockchain fee models, DUST is renewable, non-transferable, and decays over time – a radical new model that makes the network sustainable, privacy-protecting, and secure from economic exploitation.
Moving forward, the Midnight Foundation will look to build a wide ecosystem of partners, builders and token holders, working together to realize the potential of the Midnight blockchain network. We invite you to join us on this journey.
+++END+++
Media Contact:
Georgia Hanias
Midnight Foundation
[email protected]
About Midnight Foundation
The Midnight Foundation is an organization dedicated to advancing the development, adoption, and real-world impact of the Midnight network, the privacy enhancing blockchain project developed by Shielded Technologies. Designed for confidential smart contracts, Midnight enables censorship-resistant yet compliant decentralized applications. It leverages zero-knowledge proofs and a cooperative tokenomics architecture- with NIGHT as the utility token and DUST as the shielded transaction resource- to deliver a powerful combination of privacy, security, and decentralization.
For more information, visit: https://midnight.foundation
About Shielded Technologies
Shielded Technologies is an emerging engineering company pioneering privacy-enhancing, decentralized technologies designed for real-world compatibility. A spinout from leading Web3 venture studio Input Output, Shielded brings deep cryptographic expertise as the core technology partner for the Midnight Network — a new blockchain that leverages advanced cryptographic proofs and a cooperative tokenomics design to protect data and metadata while ensuring auditability and compliance. In collaboration with the Midnight Foundation, Shielded is shaping a global ecosystem that upholds the fundamental freedoms of association, commerce, and expression.
For more information, visit: https://shielded.io
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