Big Data in Oil and Gas Market Size, Share & Forecast 2025

North America big data market is anticipated to become the dominant region accounting for more than a quarter of total share over the forecast period. Europe is also expected to see substantial demand over the forecast period as the administrative and government sectors increasingly focus on intensifying operational efficiency along with increasing usage. Asia Pacific is expected to be one of the fastest growing markets for big data over the forecast period in light of various developments in emerging economies including India and China which are anticipated to switch to big data for making any kind of strategic decisions.


This report studies the global Big Data in Oil and Gas market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Big Data in Oil and Gas market by companies, region, type and end-use industry.

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Big data refers to information that is complex and large in size such that traditional data process applications are incompetent. The concept of big data and analytics is fairly new to a few industries, but the oil & gas sector has been one of the major consumers of this service as the industry deals with a large volume of data to formulate several technical decisions.



The growing need to improve productivity to be one of the primary growth drivers for the global big data market in the oil and gas sector till 2022. Companies are highly benefited from the application of big data solutions to understand and leverage the data in upstream oil and gas as it enables them to remain competitive during exploration, planning, and field development.

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This report focuses on the global top players, covered
HPE
IBM
Oracle
Teradata

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


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


Market segment by Application, split into
Oil
Gas


The study objectives of this report are:

To study and forecast the market size of Big Data in Oil and Gas in the global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
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.


In this study, the years considered to estimate the market size of Big Data in Oil and Gas are as follows:

History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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Key Stakeholders

Big Data in Oil and Gas Manufacturers
Big Data in Oil and Gas Distributors/Traders/Wholesalers
Big Data in Oil and Gas Subcomponent Manufacturers
Industry Association
Downstream Vendors
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