Press release
What's driving the Oil And Gas Analytics Market trends? 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,
Oil And Gas Analytics Market
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.
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.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/685
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• 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.
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.
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.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/685
Key insights from the report include:
• 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.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.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 What's driving the Oil And Gas Analytics Market trends? 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, here
News-ID: 1739862 • Views: …
More Releases from Global Market Insights, Inc.
Hepatitis B Vaccine Market Set to Surpass $12 Billion by 2034
The global hepatitis B vaccine market is poised for significant expansion over the next decade, fueled by rising liver disease cases, expanded immunization coverage, and advancements in vaccine development. Valued at USD 6.7 billion in 2024, the market is projected to reach USD 7.3 billion in 2025 and surge to USD 12 billion by 2034, reflecting a healthy compound annual growth rate (CAGR) of 5.7%.
A major driver behind this growth…
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
More Releases for USD
Bone Cement Market Outlook USD 1,871.10M-USD 3,512.31M
How Is the Bone Cement Market Supporting the Rise of Modern Orthopedic Surgery?
The Bone Cement Market plays a critical role in modern orthopedic and spinal procedures, acting as a foundational material for joint replacement, fracture fixation, and vertebral stabilization. Bone cement is widely used to anchor implants, restore bone structure, and improve patient mobility-making it an essential component of musculoskeletal care.
In 2025, the global bone cement market was valued at…
Autologous Cell Therapy Market Outlook USD 9.31B-USD 54.83B
How Is the Autologous Cell Therapy Market Redefining the Future of Precision Medicine?
The Autologous Cell Therapy Market is rapidly emerging as one of the most transformative areas in modern healthcare, offering highly personalized treatment options for complex and chronic diseases. By using a patient's own cells to repair, replace, or regenerate damaged tissues, autologous cell therapy minimizes immune rejection risks while maximizing therapeutic effectiveness.
In 2025, the global autologous cell therapy…
US Ostomy Care and Accessories Market USD 4.03B-USD 6.75B
How Is the United States Ostomy Care and Accessories Market Evolving to Meet the Needs of a Growing Patient Population?
The United States Ostomy Care and Accessories Market plays a critical role in improving the quality of life for millions of patients who undergo life-altering surgical procedures involving the digestive or urinary systems. Ostomy care products are essential medical devices designed to manage bodily waste safely and discreetly following surgeries such…
PACS Market USD 5.59B in 2025, USD 9.73B by 2035
Picture Archiving and Communication System (PACS) Market Expands as Digital Imaging Transforms Global Healthcare
Introduction: PACS at the Core of Modern Medical Imaging
The healthcare industry is undergoing a rapid digital transformation, with medical imaging playing a critical role in diagnosis, treatment planning, and patient monitoring. At the heart of this transformation lies the Picture Archiving and Communication System (PACS)-a technology that enables the storage, retrieval, management, and sharing of medical images…
Global HEOR Market USD 1.70B-USD 6.03B
Health Economics and Outcomes Research (HEOR) Market Accelerates as Value-Based Healthcare Redefines Global Decision-Making
Introduction: The Growing Importance of HEOR in Modern Healthcare
The global healthcare industry is undergoing a profound transformation, shifting from volume-driven care models to value-based healthcare systems that prioritize patient outcomes, cost efficiency, and real-world effectiveness. At the center of this transformation lies Health Economics and Outcomes Research (HEOR)-a discipline that evaluates the economic value, clinical outcomes, and…
Foam Tape Market Outlook 2035: Industry Growth from USD USD 4.89 Billion (2025) …
The Foam Tape Market plays a vital role in modern industrial and manufacturing ecosystems. Foam tapes are pressure-sensitive adhesive products manufactured using materials such as polyurethane, polyethylene, PVC, and acrylic foam. These tapes are widely used for bonding, sealing, insulation, cushioning, vibration damping, and noise reduction across multiple industries. Their ability to replace traditional mechanical fasteners like screws, bolts, and rivets has positioned foam tapes as a preferred solution in…
