openPR Logo
Press release

Opportunities in Global Big Data in Oil and Gas Market Forecasted to Surge Incredibly and Touch a Value of US$ 10,935.2 Mn by 2026

07-26-2018 12:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Hub

Opportunities in Global Big Data in Oil and Gas Market Forecasted

The evolution of big data has given many benefits to several industries. In recent years, companies in the oil and gas industry are improving operational performance by adopting Big Data solutions to monitor daily workflows, thus fueling its market growth. Market Research Hub (MRH) has freshly publicized a study titled “Big Data in Oil and Gas Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026” to its online repository, which examines the current & future scenarios prevailing in the global big data in oil and gas market by focusing on key regions. Information related to factors driving and restraining the growth in the concerned market merged with opportunities likely to affect the market during the period until 2026.

Request A Free Sample Report: https://www.marketresearchhub.com/enquiry.php?type=S&repid=1860384

Key Highlights from the Study
According to the analyst’s outcomes, the global Big Data in Oil and Gas market is expected to reach a value of US$ 10,935.2 Mn by 2026. At this pace, the market is projected to expand at a CAGR of 16.6% during the forecast period from 2018 to 2026. The study has further added that the growth has been primarily attributed to a key factor, which is digitization across the oil and gas industry. Apart from that, pressing the need for enhanced oil exploration and production technologies, and potential for new insights from data generated in the oil and gas industry are some of the factors driving the Big Data in Oil and Gas market at a steady pace.

Browse Full Report with TOC: https://www.marketresearchhub.com/report/big-data-in-oil-and-gas-market-global-industry-analysis-size-share-growth-trends-and-forecast-2018-2026-report.html

In a bid to offer detailed insights, the research study on big data in the oil and gas market is segmented based on component, data type, application, and region. The regional analysis section is a vital section of the report which identifies the scope of the market in regions including South America, North America, Europe, Asia Pacific, and Middle East & Africa (MEA). Moreover, on the basis of component, the study covers software and service. The market is also segmented based on data type as unstructured, structured, and semi-structured. Applications highlighted in the study include upstream, midstream, administration and downstream. Based on segmentation, the research finds following-
• North America is projected to dominate the Big Data in Oil and Gas market due to increased production of oil in the region.
• By 2026, the upstream application segment will account for more than 50% of the overall market share.
• On the basis of data type, unstructured data is anticipated to have more than 86% market share by 2026 end.
Moving further in the study, the report throws lights on market competitive landscape which is an important section that gives brief knowledge of major vendors in the global big data in oil and gas market. At present, key players active in the global market IBM Corporation, Accenture, Datawatch, Drillinginfo, Inc., Cloudera, Inc., Hitachi Vantara Corporation, HortonWorks, Inc., MapR Technologies, Inc., Microsoft Corporation, Oracle Corporation, Capgemini SE, SAP SE, SAS Institute, Inc., Palantir Solutions, and OSIsoft LLC.

Market Research Hub (MRH) is a next-generation reseller of research reports of different sector like Big Data research reports and analysis. MRH’s expansive collection of market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.
MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

90 State Street,
Albany, NY 12207,
United States
Read Industry News at - https://www.industrynewsanalysis.com/
Toll Free: 800-998-4852 (US-Canada)
Email: press@marketresearchhub.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Opportunities in Global Big Data in Oil and Gas Market Forecasted to Surge Incredibly and Touch a Value of US$ 10,935.2 Mn by 2026 here

News-ID: 1147447 • Views:

More Releases from Market Research Hub

Acrylate Polymers Market Share, Industry Analysis & Forecast Report 2019-2025
Acrylate Polymers Market Share, Industry Analysis & Forecast Report 2019-2025
Market Research Hub (MRH) has actively uploaded a smart research report titled “Global Acrylate Polymers Market Professional Survey Report 2019”, to its broad online database. The primary motive of this study is to impart vital details associated to development of the Acrylate Polymers Market. The assessment includes brief knowledge about market size, Y-o-Y growth, market dynamics and competitive scenario expected to transform in the near future. Ever section of the
Abrasive Wheels & Discs Market Drivers, Segment by Regions and Growth Analysis, Leading Players : DEWALT, Shark,Benchmark Abrasives,Bosch,Hot Max Up to 2025
Abrasive Wheels & Discs Market Drivers, Segment by Regions and Growth Analysis, …
Market Research Hub (MRH) has recently uploaded a new study titled “Global Abrasive Wheels & Discs Market Professional Survey Report 2019” to its broad online storehouse. The global Abrasive Wheels & Discs Market conveniently covers prime factors motivating development and steering industry trends and demand scenarios. Readers can easily quantify market opportunities with the availability of information such as market sizing and market forecasting, thereby being able to analyze the
Oral Dosing Cups Market Analysis By Application 2025 | Top Players- Comar, Inc, Stiplastics S.A.S, Argo S.A, Gramb GmbH Kunststoffverarbeitung, Origin Pharma Packaging, Eastman Chemical Company, Yuyao Liantong Plastic & Mould Co., Ltd
Oral Dosing Cups Market Analysis By Application 2025 | Top Players- Comar, Inc, …
Market Research Hub (MRH) has actively uploaded a smart research report titled “Global Oral Dosing Cups Market Insights, Forecast to 2025”, to its broad online database. The primary motive of this study is to impart vital details associated to development of the Oral Dosing Cups market. The assessment includes brief knowledge about market size, Y-o-Y growth, market dynamics and competitive scenario expected to transform in the near future. Ever section
Opthalmic Lenses Market 2019-2025|Major Players- ZEISS, HOYA, SHIMIZU, Rodenstock, MingYue, Conant, Wanxin, CHEMI, Nikon
Opthalmic Lenses Market 2019-2025|Major Players- ZEISS, HOYA, SHIMIZU, Rodenstoc …
Market Research Hub (MRH) has actively uploaded a smart research report titled “Global Opthalmic Lenses Market Insights, Forecast to 2025”, to its broad online database. The primary motive of this study is to impart vital details associated to development of the Opthalmic Lenses market*. The assessment includes brief knowledge about market size, Y-o-Y growth, market dynamics and competitive scenario expected to transform in the near future. Ever section of the

All 5 Releases


More Releases for Data

Data Catalog Market: Serving Data Consumers
Data Catalog Market size was valued at US$ 801.10 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 23.2% from 2023 to 2029, reaching nearly US$ 3451.16 Mn. Data Catalog Market Report Scope and Research Methodology The Data Catalog Market is poised to reach a valuation of US$ 3451.16 million by 2029. A data catalog serves as an organized inventory of an organization's data assets, leveraging
Big Data Security: Increasing Data Volume and Data Velocity
Big data security is a term used to describe the security of data that is too large or complex to be managed using traditional security methods. Big data security is a growing concern for organizations as the amount of data generated continues to increase. There are a number of challenges associated with securing big data, including the need to store and process data in a secure manner, the need to
HOW TO TRANSFORM BIG DATA TO SMART DATA USING DATA ENGINEERING?
We are at the cross-roads of a universe that is composed of actors, entities and use-cases; along with the associated data relationships across zillions of business scenarios. Organizations must derive the most out of data, and modern AI platforms can help businesses in this direction. These help ideally turn Big Data into plug-and-play pieces of information that are being widely known as Smart Data. Specialized components backed up by AI and
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors. This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption
Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, …
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY
Long Term Data Retention Solutions Market - The Increasing Demand For Big Data W …
Data retention is a technique to store the database of the organization for the future. An organization may retain data for several different reasons. One of the reasons is to act in accordance with state and federal regulations, i.e. information that may be considered old or irrelevant for internal use may need to be retained to comply with the laws of a particular jurisdiction or industry. Another reason is to