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Data Business In Oil And Gas Market - New Realities in Oil and Gas Industry & Benefits — with a Focus on Data

08-27-2018 10:33 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Xpodence Research

Data Business In Oil And Gas Market - New Realities in Oil and Gas

Data Business in Oil and Gas refers to the use of data analytics and data management software tools and related services to manage the data related to oil and gas exploration and management activities. The different types of datra associated with the oil and gas industry mainly includes the production data, well data, seismic data and other similar geological and morphological data. The rising demand of oil from different end use industries is anticipated to generate a prominent demand for data business in oil and gas industry.

The Data Business in Oil and Gass market analysis is segmented by component, oil companies, application, E&P lifecycle, and geography. By component segment, the market is segmented into Big Data, Data Management and Direct Data Monetization. The Big Data subsegment is segmented into software and service components, wherein sotware is segmented into Data Analytics, Data Collection, Data Discovery and Visualization, and Data Management and service is segmented into Consulting, System Integration,and Operation and Maintenance.

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The Data Management subsegment is segmented into software and service components, wherein sotware is segmented into Corporate/Enterprise Data Management, Project Data Management, and National Data Repository and service is segmented into Consulting & Planning, Integration& Implementation, and Operation & Maintenance. By oil companies segment, the market is segmented into National Oil Companies, Independent Oil Companies, and National Data Repository. By application segment, the market is segmented into Upstream, Midstream, and Downstream. The upstream sub segment is further segmented into Conventional and Unconventional applications. By E&P lifecycle segment, the market is segmented into Exploration, Development and Production. By geography, the Data Business in Oil and Gas market is segmented into. North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Asia Pacific amd Middle East & Africa represent the largest data business in oil and gas markets. Europe and North America are the established markets for data business in oil and gas and are expected to show average growth. Currently, China is leading the market with its developing miing and exploration sector, along with the need to provide required resources for its ever-growing population. Middle East & Africa is expected to be the fastet gowig market for data business in oil and gas industry.

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Some of the companies in the data business in oil and gas market are Accenture, Datawatch, Datameer, General Electric, Drillinginfo Inc., Hortonworks Inc., Hitachi Vantara Corporation, MapR Technologies, Inc., International Business Machines Corporation, Oracle Corporation, Northwest Analytics Inc., Microsoft Corporation, Newgen Software, Inc., Cisco Systems, Inc., EMC Corporation, Capgemini S.A., SAS Institute Inc., SAP SE, Tata Consultancy Services Ltd., Halliburton, Schlumberger Limited, Informatica Corporation, National Data Repository, India, and ION Geophysical Corporation, Cloudera, Inc. among others. The major companies operating in the global Data Business in Oil and Gas market are focusing on adoption of the new technologies to further enhance their product offerings.

About Us-

Xpodence Research is a U.S. based Market Research Company and offers the most extensive collection of progressive surveying syndicated and customized research reports of various categories for private and public industries across the globe.

We offer the comprehensive market research solution for all the industries by performing the in-depth study of industry trends, verticals globally. We believe in building an eternal bond with our customers through providing them inclusive research study both customized and syndicated based on their specific requirements.

The organizations in every industry such as Technology, Pharmaceuticals, Consumable Goods, Food & Beverage and others demands a market-based solutions for various significant decisions based on productivity and output globally. Our services are tailored specifically to our clients by proposing them the potential outcome, based on our in-depth analysis and insights for exploring the growth strategies through providing the best possible decision for quality production.

Contact Us-

Xpodence Research
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244 , Madison Avenue
New York City, NY - 10016
United States
Toll Free +1- 844-445-2861
Email-sales@xpodenceresearch.com

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