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Oil And Gas Analytics - Market Forecast 2020-2025 | Latest Trends and Opportunities

A detailed overview of Oil And Gas Analytics market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of Oil And Gas Analytics market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.

Low crude oil prices coupled with high cost investment in exploration and production of conventional and unconventional resources will drive the industry growth. U.S. based Cobalt has explored natural gas in the Zalophus 1 well at Block 20 offshore Angola. Such exploration activities will need advanced service platform including hardware and software support.

Oil And Gas Analytics Market size is expected to exceed USD 21 billion by 2024; as per the latest research report

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Upstream oil and gas analytics market share is expected to witness highest growth, with increasing offshore drilling further complimenting revenue generation. It helps to obtain real time data at minimum cost which may favor the industry growth in coming years. TIBCO Software Inc., executed digital technology to optimize E&P cost. Increasing rivalry involving refinery &volatile feedstock has forced downstream players to utilize oil and gas analytics services, which will improve processing and refining efficiency.

Oil And Gas Analytics - Market Forecast 2020-2025 | Latest Trends and Opportunities
Oil And Gas Analytics - Market Forecast 2020-2025 | Latest Trends and Opportunities

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Increasing downstream demand owing to rapid refinery expansion to fulfill petroleum demand will drive global oil and gas analytics market size. These services will help to reduce the downtime and maintenance cost for refining industries.

Key insights from the report include:

Increasing exploration and production to suffice growing demand for energy will enhance the oil and gas analytics in future. Increasing investments in digital technology by petroleum industry has increased the workforce productivity and reduced cost, which will further encourage the oil and gas analytics market size.

U.S. oil and gas analytics market size for hosted deployment segment, was valued over USD 800 million in 2015, and will grow at a CAGR of over 19% from 2016 to 2024. Bakken Shale exploration and production activity have deployed hosting for oil and gas industry.

Professional services in France and gas analytics market size are likely to reach over USD 300 million by 2024. Rising adoption of big data platform in France for improving operationally efficient production will drive the oil and gas analytics market share.

Field surveillance and monitoring for India is projected to reach over USD 100 million by 2024. Analytics helps upstream sector to obtain real time data at low cost which also manage operations in better way with new capabilities and by reducing risk factors.

Cloud services were valued at over USD 1.2 billion in 2015 and is expected to witness gains of over 20% during the forecast period. Angola on-premise deployment demand was USD 17.50 million in 2015, growing at a CAGR of 25.8%.

Norway exploration and drilling analytics demand was over USD 50 million in 2015, is expected to expand at a CAGR of over 15% by 2024.

Key players catering this industry are Accenture, Cisco Systems, Inc., Cognizant, Deloitte, Drillinginfo Inc., Microsoft, SAS Institute Inc., Oracle, SAP SE, Tableau Software, Teradata, IBM, TIBCO Software Inc., Hitachi, Ltd., Capgemini, and Hewlett Packard Enterprise Development LP.

Oil and gas analytics market research report includes in-depth coverage of the industry with estimates &forecast in terms of revenue in USD million from 2013 to 2024, for the following segments:

Global Oil And Gas Analytics Market By Deployment

On-Premise

Hosted

Global Oil And Gas Analytics Market By Services

Professional

Cloud

Integration

Global Oil And Gas Analytics Market By Application

Upstream

Exploration and Drilling Analytics

Field Surveillance and Monitoring Analytics

Production Planning and Forecasting Analytics

Equipment Maintenance Management Analytics

Asset Performance Analytics

Workforce Management Analytics

Midstream

Pipeline SCADA Analytics

Fleet Analytics

Storage Optimization Analytics

Downstream

Commodity Trading Analytics

Demand Forecasting Analytics

Pricing Analytics

Refining Analytics

Major Highlights from Table of contents are listed below for quick lookup into Oil And Gas Analytics Market report

Chapter 1. Methodology and Scope

  • Definitions & forecast parameters
  • Methodology and forecast parameters
  • Data Sources

Chapter 2. Executive Summary

  • Business trends of Oil And Gas Analytics Market
  • Product trends
  • Application trends

Chapter 3. Oil And Gas Analytics Industry Insights

  • Oil And Gas Analytics Market Industry segmentation
  • Industry landscape
  • Analysis of Manufacturers in the Oil And Gas Analytics industry
  • Distribution channel analysis
  • End-use landscape
  • Vendor matrix
  • Oil And Gas Analytics Market Technology & innovation landscape
  • Industry impact forces
  • Oil And Gas Analytics Market Growth drivers
  • Industry pitfalls & challenges
  • Key trends by Segments

Chapter 4. Company Profiles

  • Business Overview of Oil And Gas Analytics Market Companies
  • Financial Data
  • Product Landscape
  • Strategic Outlook and Decisive Analysis of companies in Oil And Gas Analytics Market
  • SWOT Analysis

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