If you also have a smart phone and you keep an app that gives weather information in it, then let us tell you how much companies are earning from this app. Foreign apps are also included in this. Apps made in India are also making a lot of money from it.
Companies are making big money by telling weather information, there is a business of crores in India alone
Nowadays everyone is troubled by the unseasonal rain and scorching sun. In such a situation, everyone keeps an app that tells weather information in their phones. So that they can know when it will rain and when the sun will be strong. This makes your work easy. But, the companies making it get a lot of profit. If you also keep an app that gives weather updates in your phone. If yes then you must read this news. You may not know, but companies are earning a lot from the app that gives weather updates.
If you also have a smart phone and you keep an app giving weather information in it, then let us tell you how much companies are earning from this app. Foreign apps are also included in this. Apps made in India are also making a lot of money from it. This app has a business of 800 crores in India alone.
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Let us tell you, an Indian company named skymet has done a business of about 800 crores with this app. By the year 2023, it is expected to be around 25 thousand crores i.e. (3.5 million dollars). According to a report by Allied Market Research, this market of weather forecast apps will increase to about 22 thousand crores this year.
How to make money even though the app is free
Now the question arises that after all, how do these weather information apps make their money? Most of the apps on playstore are free. Yet how are companies making so much money. As it is getting easier to predict the weather. People’s business is also increasing in this business.
In the year 2019, the Government of India also partnered with IBM’s The Weather Company. The aim of the government was that by partnering with this weather information company, the government could facilitate agriculture, transportation and export-import. Apart from the partnership with the government, The Weather Company also works with Kochi’s shipping firm XShip .
Some weather apps
- The Weather Channel
- Yahoo Weather