Oil and Gas Data Management Market by Type (Data analysis, IT infrastructure, Services), Geography (North America, Europe, Asia-Pacific, LAMEA) - Global Opportunity Analysis and Industry Forecast, 2014-2022

Oil and Gas Data Management Market Report, published by Allied Market Research, states that the global market was valued at $1,092 million in 2015 and is projected to reach $3,203 million by 2022, growing at a CAGR of 16.2% from 2016 to 2022.

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Data management incorporates a set of new generation technologies and architectures that are especially designed to extract crucial information from large volume of structured or unstructured data by enabling high-velocity capture and analysis.

Key Market Players Profiled in the Report
• Cisco Systems, Inc.
• EMC Corporation
• Hewlett-Packard Enterprise Company
• Hitachi, Ltd.
• IBM Corporation
• Infosys Limited
• NetApp, Inc.
• Oracle Corporation
• SAP SE
• Wipro Limited

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Top Investment Pockets: Oil and Gas Data Management Market
The below-mentioned figure signifies the growth potential of the oil and gas data management technologies and services based on various segments including data analysis, IT infrastructure, and services. The data analysis segment is projected to grow at the highest CAGR of around 18% during the forecast period, owing to increase in the need for enhanced data management solutions such as reservoir engineering, drilling operations management, and upstream data management solution among end users to utilize the aggrandized amount of data for effective decision making and overall performance improvement.

Other Market Players Mentioned in the Report
• CliQr Technologies, Inc.
• SimpliVity
• Teradata
• OpenDNS
• Bapco (Bahrain Petroleum Company)
• Noah Consulting, LLC
• Schlumberger
• Reltio

The adoption of data management in the emerging markets, including Brazil, The Cooperation Council (GCC) countries, and African countries is at its nascent stage, unlike that in the developed markets such as North America and Europe. However, the potential impact of enhanced analytics solutions and services on business activities has increased in the region. Furthermore, the relative importance of oil and gas companies in most of the local economies and the need for extracting actionable insights from the aggrandized amount of raw data are anticipated to fuel the demand for enhanced data management solutions and services. This is projected to create new growth opportunities for key players operating in the industry.

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LIST OF TABLES Covered in this Report:
TABLE 1. GLOBAL OIL AND GAS DATA MANAGEMENT MARKET, BY TYPE, 2014-2022 ($MILLION)
TABLE 2. OIL AND GAS DATA MANAGEMENT MARKET FOR DATA ANALYSIS SEGMENT, BY REGION, 2014-2022 ($MILLION)
TABLE 3. OIL AND GAS DATA MANAGEMENT MARKET FOR IT INFRASTRUCTURE SEGMENT, BY REGION, 2014-2022 ($MILLION)
TABLE 4. OIL AND GAS DATA MANAGEMENT MARKET FOR SERVICES SEGMENT, BY REGION, 2014-2022 ($MILLION)
TABLE 5. OIL AND GAS DATA MANAGEMENT MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 6. NORTH AMERICA OIL AND GAS DATA MANAGEMENT MARKET, BY TYPE, 2014-2022 ($MILLION)
TABLE 7. NORTH AMERICA OIL AND GAS DATA MANAGEMENT MARKET, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 8. EUROPE OIL AND GAS DATA MANAGEMENT MARKET, BY TYPE, 2014-2022 ($MILLION)
TABLE 9. EUROPE OIL AND GAS DATA MANAGEMENT MARKET, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 10. ASIA-PACIFIC OIL AND GAS DATA MANAGEMENT MARKET, BY TYPE, 2014-2022 ($MILLION)
TABLE 11. ASIA-PACIFIC OIL AND GAS DATA MANAGEMENT MARKET, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 12. LAMEA OIL AND GAS DATA MANAGEMENT MARKET, BY TYPE, 2014-2022 ($MILLION)
TABLE 13. LAMEA OIL AND GAS DATA MANAGEMENT MARKET, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 14. CISCO: COMPANY SNAPSHOT
TABLE 15. CISCO: PRODUCT PORTFOLIO and Others.

Advanced analytics solutions are anticipated to play a crucial role in improving the efficiency of conventional, unconventional, and midstream operations. Furthermore, the adoption of data analytics solutions is projected to assist oil and gas companies to improve their productivity by 6-8%.

Generally, oil and companies adopt operational models with functional excellence, which are successful in predictable processes. However, these models are not successful and efficient in real-time environment such as during unconventional production. Thus, oil and gas companies are expected to adopt an asset-based organizational model to enable a clear and integrated view of various operations.

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