Research Nester published a report titled “Storm Tracking Apps Market: Global Demand Analysis & Opportunity Outlook 2036” which delivers detailed overview of the global storm tracking apps market in terms of market segmentation by software type, end-user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global storm tracking apps market is anticipated to attain a significant CAGR over the forecast period, i.e., 2024 – 2036. The market is segmented on the basis of software type into IOS, android, and others. Out of these, the IOS segment is anticipated to hold a notable share in the market over the forecast period on the back of increasing rate of individuals using IOS over android users. For instance, approximately 52% individuals in the United States use IOS, as of 2020.
The global storm tracking apps market is estimated to grow on account of increasing incidences of weather disturbances and the growing need for a system that can share the information in real-time. The storms can be predicted almost correctly by the weather forecasting systems, however, there is a need for a medium to share this information with maximum possible population. Earlier, radio or television was the medium of sharing information, but with the increasing use of internet and mobile phones, mobile applications or apps are a better way for circulating news. This is estimated to boost the market growth. Moreover, the rising number of storms, cyclones, and other weather disturbances, caused due to global warming, deforestation and other activities, are estimated to fuel the market growth.
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On the basis of geographical analysis, the global storm tracking apps market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America region is estimated to garner the largest market share over the forecast period on the back of increasing cases of storms in the United States and Canada, along with the rising use of internet. In the year 2020, over 12 storms hit the United States, which was double from the cases of storm in 2019.
The research was global in nature and conducted in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa). In addition, areas like Market size, Y-O-Y growth & Opportunity Analysis, market players competitive study, investment opportunities, demand for future outlook etc. have been covered and displayed in the research report to ensure it dives deep to achieve strategic competitive intelligence in the segment.
Increasing Penetration of Internet to Propel the Growth of the Market
More than half of the global population currently uses internet. In 2020, over 59% of the population was using internet, which is estimated to cross 60% by the end of 2021.
With the rise in use of internet, it has become the major medium of mass communication, which is estimated to boost the adoption of storm tracking apps. The growing population of tech-savvy individuals, along with rising mobile connectivity is further estimated to boost the market growth.
However, absence of technically learned and updated workforce is expected to operate as key restraint to the growth of the market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global storm tracking apps market which includes company profiling of Alertus Technologies Inc., SnapComms Inc., ACME AtronOmatic, LLC, Siemens AG, Rave Mobile Safety, Quincy Media, Inc., Honeywell International Inc., Regroup Mass Notification, AccuWeather Inc., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global storm tracking apps market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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