Press release
Key Stakeholders : Exploration and Production (E&P) Software Market To 2026| Schlumberger, ION Geophysical, Exprodat Consulting, Peloton
North America led the exploration & production (E&P) software market in the year 2017 and is expected to remain dominant throughout the forecast period from 2018 to 2026. The global exploration and production (E&P) software market was valued at US$ 4,240.7 Mn in 2017 and is expected to expand at a CAGR of 16.7% from 2018 to 2026. North America is expected to hold the dominant revenue share, with the market in the region expanding at a CAGR of above 14.0%.
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Exploration and Production (E&P) Software Market: Overview
This report by Transparency Market Research on the global exploration and production (E&P) software market analyzes and forecasts the data at the global and regional levels. The report provides an analysis of the industry trends in each of the segments from 2016 to 2026, where 2018 to 2026 is the forecast period and 2017 is the base year. The global exploration and production (E&P) software market report provides in-depth and accurate analysis of the market. It also highlights various drivers, restraints, and opportunities expected to influence market growth during the forecast period. The study provides a complete perspective about the exploration and production (E&P) software market and expansion throughout the research study in terms of value (US$ Mn) across North America, Asia Pacific, South America, Middle East & Africa, and Europe. Moreover, the study explains the penetration of each market segment within various regions and how these segments have accelerated the growth of the market.
The exploration and production (E&P) software market report covers all the major trends and technologies playing a major role in market growth from 2018 to 2026. The overview section of the report analyzes market dynamics such as drivers, restraints, and opportunities that influence the current nature and future status of this market, key indicators, integration challenges, type adoption analysis, and trends of the market. A market opportunity analysis for every segment has been included in the report to provide a thorough understanding of the overall scenario in the exploration and production (E&P) software market. The report also provides an overview of various strategies adopted by key players in the market.
Global Exploration and Production (E&P) Software Market: Scope of the Report
The report segments the global exploration and production (E&P) software market on the basis of deployment type into on-premise software and cloud-based software. Due to rising level of digitization and rising awareness of cloud computing technologies, cloud-based E&P software is expected to show significant growth rate during the forecast period. In terms of operation type, the market is segmented into on-shore and off-shore. In terms of operation type, the global E&P software was led by on-shore operation type. In terms of software type, the market is segmented into risk management mapping, seismic amplitude analysis, portfolio aggregation, performance tracking, navigation system, resource valuation, reservoir characterization, reservoir simulation, drilling, and production.
The report also highlights the competitive landscape of the exploration and production (E&P) software market, thereby positioning all the major players according to their geographic presence and recent key developments. The comprehensive exploration and production (E&P) software market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the exploration and production (E&P) software market growth.
This report provides all the essential information required to understand the key developments in the global exploration and production (E&P) software market and expansion trends of each segment and region. It also includes strategies, company overview, and key competitors under the company profiles section. Additionally, the report provides insights related to trends and their impact on the regional market. Moreover, Porter’s Five Forces analysis provides analysis of bargaining power of buyers, bargaining power of suppliers, threat of new entrants, threat of substitutes, and degree of competition in the global exploration and production (E&P) software market. The study provides a comprehensive ecosystem analysis of the global exploration and production (E&P) software market, explaining the various participants including software & third-party vendors, system integrators, and distribution channels of the value chain operating in the market.
Global Exploration and Production (E&P) Software Market: Research Methodology
The research methodology is a combination of primary research, secondary research, and expert panel reviews. Secondary research sources such as annual reports, company websites, broker reports, financial reports, SEC filings and investor presentations, national government documents, internal and external proprietary databases, statistical databases, relevant patent and regulatory databases, market reports, government publications, statistical databases, World Bank database, and industry white papers are usually referred.
Primary research involves telephonic interviews, e-mail interactions, and face-to-face interviews for detailed and unbiased reviews on the global Exploration and Production (E&P) software market, across regions. Primary interviews are conducted on an ongoing basis with industry experts and participants in order to get the latest market insights and validate the existing data and analysis. Moreover, the data collected and analyzed from secondary and primary research is again discussed and examined by our expert panel.
Global Exploration and Production (E&P) Software Market: Competitive Dynamics
The research study includes profiles of leading companies operating in the global exploration and production (E&P) software market. Key players profiled in the report include Schlumberger Limited, ION Geophysical Corporation, Exprodat Consulting Ltd. (Now Part of Getech Group Plc), Halliburton Company, Baker Hughes Incorporated, IHS Inc., Emerson Electric Co., Computer Modelling Group Ltd., Kongsberg Gruppen ASA, GE Oil & Gas, Pason Systems Corp., Paradigm B.V., ETL Solutions Ltd., Ikon Science Limited, GEPlan Consulting Srl, Interactive Network Technologies, Inc., Peloton, Petroleum Experts Ltd., RockFlow Dynamics, LLC, OVS Group LLC, P2 Energy Solutions (Formerly Merrick Systems), Petrolink Services, Inc., eDrilling AS, TDE Group GmbH, and Etech International, Inc.,
The global exploration and production (E&P) software market has been segmented as below:
Global Exploration and Production (E&P) Software Market, by Deployment Type
On-premise Software
Cloud-based Software
Global Exploration and Production (E&P) Software Market, by Operation Type
On-shore
Off-shore
Global Exploration and Production (E&P) Software Market, by Software Type
Risk Management Mapping
Seismic Amplitude Analysis
Portfolio Aggregation
Performance Tracking
Navigation System
Resource Valuation
Reservoir Characterization
Reservoir Simulation
Drilling
Production
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Global Exploration and Production (E&P) Software Market, by Region
North America
U.S.
Canada
Rest of North America
Europe
Germany
France
The U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
India
Japan
Australia
Rest of Asia Pacific
Middle East & Africa
The UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa
South America
Brazil
Rest of South America
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