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Procurement Market Intelligence Report

Meteorological Services Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Meteorological Services?

What is the average price of Meteorological Services?

This procurement report includes pricing information to help you purchase Meteorological Services. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Meteorological Services been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Meteorological Services yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Meteorological Services?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Meteorological Services with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase Meteorological Services?

Market share concentration for meteorological services is moderate, with the top four vendors generating between 30% and 50% of total market revenue. There are about 400 vendors in the market. M&A activity is high, especially for the larger players that are looking to expand their geographic reach and specializations. During... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Quality Control

How do you ensure the accuracy of your service?

What systems/tools/software do you have in place to minimize errors?

Where do you source your equipment? Are these supply chains stable?

What is your rate of inaccurate or unusable data? How do you mitigate these losses?

What is your record for finding errors after work has been completed?

Value-Added Services

Do you provide any value-added services? If so, what other services do you offer?

Do you offer discounts for bundled services? If so, what are the terms?

What partnerships do you have? How do your clients benefit from these relationships?

What services beyond the basic RFP, if any, are included in your quoted price?

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Key elements for every RFP

What should my Meteorological Services RFP include?

Project Budget

Buyers should include budgetary constraints for services.

Buyers should define payment schedules.

Buyers should state how often pricing can be adjusted.

Buyers can reference the Benchmark Price, Pricing Model and Total Cost of Ownership sections of this report for assistance in creating a budget.

Selection Criteria

Buyers should evaluate suppliers on whether they price competitively.

Buyers will evaluate potential vendors based on their ability to fulfill the technical requirements outlined in the RFP.

Buyers should give priority to suppliers that are flexible with contract terms and conditions.

Buyers can reference the Buying-Decision Scorecard section for additional selection criteria.

Project Schedule

Buyers should disclose the RFP's issue date.

Buyers should disclose the due date for any questions or clarifications from suppliers.

Buyers should disclose the date of the award announcement.

Evaluate major factors to mitigate risk

How risky is the Meteorological Services supply chain?

Supply chain risk for meteorological services is low. Purchases do not make up a significant portion of the average vendor’s internal cost structure, reducing the risk that upstream suppliers will disrupt services. These upstream suppliers provide computers, electronics, software, office space and professional and consulting services to vendors. While some... Subscribe to learn more.

HIGH

MEDIUM

LOW