Press release
What's driving the IT Spending in Oil and Gas Market trends? IBM, Microsoft, Oracle, Hitachi, ABB, GE Oil and Gas, Indra Sistemas, SAP, Dell, Huawei Technologies, HCL Technologies, DXC Technology, Infosys, Siemens, Tech Mahindra, Capgemini, Cisco Systems,
IT Spending in Oil and Gas Market
According to this study, over the next five years the IT Spending in Oil and Gas market will register a 4.7% CAGR in terms of revenue, the global market size will reach US$ 17600 million by 2024, from US$ 14620 million in 2019.
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The key manufacturers covered in this report:
o GE Oil and Gas
o Indra Sistemas
o SAP
o Microsoft
o Oracle
o IBM
o Hitachi
o Dell
o Huawei Technologies
o ABB
o HCL Technologies
o DXC Technology
o Infosys
o Siemens
o Tech Mahindra
o Capgemini
o Cisco Systems
o Wipro
o TCS
o CGI Group
o Alcatel-Lucent
In particular, this report presents the global revenue market share of key companies in IT Spending in Oil and Gas business. This report presents a comprehensive overview, market shares and growth opportunities of IT Spending in Oil and Gas market by product type, application, key companies and key regions. This study considers the IT Spending in Oil and Gas value generated from the sales of the following segments:
A brief overview of how the IT Spending in Oil and Gas market will perform over the projected timeframe has been given in the report. Also, details about the driving aspects influencing the market dynamics as well as the growth rate that the industry is expected to register over the forecast duration have been delivered. Additionally, the IT Spending in Oil and Gas market report also delivers a brief of the challenges that this vertical is defined by, in conjunction with the growth opportunities that this business space is remnant of.
The latest report on the IT Spending in Oil and Gas market is a depiction of the end-to-end analysis of this business vertical, and includes quite some information about the industry, with respect to pivotal parameters such as the most recent market tendencies, present revenue, market share, market size, periodic deliverables, and profits estimations for the forecast period.
Segmentation by product type:
Hardware
Software
Services
Software types have the largest market share segment at 40% and are the fastest growing segment
Segmentation by application:
Upstream
Midstream
Downstream
Upstream is the area with the most applications and the fastest growth
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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Research objectives
To study and analyze the global IT Spending in Oil and Gas market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of IT Spending in Oil and Gas market by identifying its various subsegments.
Focuses on the key global IT Spending in Oil and Gas players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the IT Spending in Oil and Gas with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of IT Spending in Oil and Gas submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
Global IT Spending in Oil and Gas Market Growth (Status and Outlook) 2019-2024
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global IT Spending in Oil and Gas Market Size 2014-2024
2.1.2 IT Spending in Oil and Gas Market Size CAGR by Region
2.2 IT Spending in Oil and Gas Segment by Type
2.2.1 Hardware
2.2.2 Hardware
2.2.3 Services
2.3 IT Spending in Oil and Gas Market Size by Type
2.3.1 Global IT Spending in Oil and Gas Market Size Market Share by Type (2014-2019)
2.3.2 Global IT Spending in Oil and Gas Market Size Growth Rate by Type (2014-2019)
2.4 IT Spending in Oil and Gas Segment by Application
2.4.1 Upstream
2.4.2 Midstream
2.4.3 Downstream
2.5 IT Spending in Oil and Gas Market Size by Application
2.5.1 Global IT Spending in Oil and Gas Market Size Market Share by Application (2014-2019)
2.5.2 Global IT Spending in Oil and Gas Market Size Growth Rate by Application (2014-2019)
3 Global IT Spending in Oil and Gas by Players
3.1 Global IT Spending in Oil and Gas Market Size Market Share by Players
3.1.1 Global IT Spending in Oil and Gas Market Size by Players (2017-2019)
3.1.2 Global IT Spending in Oil and Gas Market Size Market Share by Players (2017-2019)
3.2 Global IT Spending in Oil and Gas Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 IT Spending in Oil and Gas by Regions
4.1 IT Spending in Oil and Gas Market Size by Regions
4.2 Americas IT Spending in Oil and Gas Market Size Growth
4.3 APAC IT Spending in Oil and Gas Market Size Growth
4.4 Europe IT Spending in Oil and Gas Market Size Growth
4.5 Middle East & Africa IT Spending in Oil and Gas Market Size Growth
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