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Drilling Data Management Systems Market to 2025 | Baker Hughes, Halliburton, Honeywell, IBM, National Oilwell Varco, Oracle, Pason Systems

06-04-2019 10:17 AM CET | IT, New Media & Software

Press release from: Market Research Hub

Market Research Hub

Market Research Hub

This research report titled Global Drilling Data Management Systems Market Size, Status and Forecast 2019-2025 has been added to the wide online database managed by Market Research Hub (MRH). The study discusses the prime market growth factors along with future projections expected to impact the Drilling Data Management Systems Market during the period between 2019 and 2025. The concerned sector is analyzed based on different market factors including drivers, restraints and opportunities in order to enlighten the readers about the actual scenario prevailing in the Drilling Data Management Systems Market.

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The drilling process is one of the most crucial links in not only the upstream segment but the entire oil and gas value chain. Once the presence of a perceived commercial hydrocarbon reservoir is established by the surveying and analysis of the geophysical data, the actual drilling process takes place.

Crude oil well operators have recently shifted their focus from maximizing production to enhancing the life of the field and reducing operational costs. The rise in operational costs has forced the global oil and gas producers to focus their attention on the optimization of resources. Benefits such as improvements in drilling accuracy and safety, reduction in the non-productive time, improvements in the real-time decision-making process, and predictive maintenance scheduling have compelled oil well operators to use data capturing and analytics to bring about efficiency in their oil and gas data management systems.

Due to the presence of a number of oil and gas companies, this market appears fragmented. Since the market has a huge growth potential, vendors constantly compete with each other to gain better shares of the market. This market analysis also predicts that drilling data management systems will face an investment crunch in the near future and provides a list of solutions to survive the downturn.

In 2018, the global Drilling Data Management Systems market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

This report focuses on the global Drilling Data Management Systems status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Drilling Data Management Systems development in United States, Europe and China.

The key players covered in this study
Baker Hughes
Halliburton
Honeywell
IBM
National Oilwell Varco
Oracle
Pason Systems
Schlumberger
EMC
SAP
SAS
Accenture
Capgemini
WIPRO
Tata Consultancy Services
Infosys

Market segment by Type, the product can be split into
Hardware
Software
Services

Market segment by Application, split into
Oil Industry
Gas Industry
Others

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

BROWSE Full Report NOW @ https://www.marketresearchhub.com/report/global-drilling-data-management-systems-market-size-status-and-forecast-2019-2025-report.html

Table of Contents

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Drilling Data Management Systems Market Size Growth Rate by Type (2014-2025)
1.4.2 Hardware
1.4.3 Software
1.4.4 Services
1.5 Market by Application
1.5.1 Global Drilling Data Management Systems Market Share by Application (2014-2025)
1.5.2 Oil Industry
1.5.3 Gas Industry
1.5.4 Others
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Drilling Data Management Systems Market Size
2.2 Drilling Data Management Systems Growth Trends by Regions
2.2.1 Drilling Data Management Systems Market Size by Regions (2014-2025)
2.2.2 Drilling Data Management Systems Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities

3 Market Share by Key Players
3.1 Drilling Data Management Systems Market Size by Manufacturers
3.1.1 Global Drilling Data Management Systems Revenue by Manufacturers (2014-2019)
3.1.2 Global Drilling Data Management Systems Revenue Market Share by Manufacturers (2014-2019)
3.1.3 Global Drilling Data Management Systems Market Concentration Ratio (CR5 and HHI)
3.2 Drilling Data Management Systems Key Players Head office and Area Served
3.3 Key Players Drilling Data Management Systems Product/Solution/Service
3.4 Date of Enter into Drilling Data Management Systems Market
3.5 Mergers & Acquisitions, Expansion Plans

More Information………@@@

About Market Research Hub
Market Research Hub (MRH) is a next-generation reseller of research reports of different sector like software market research and analysis. MRH’s expansive collection of industry 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.

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