The Oil and Gas Data Monetization Market is Anticipated to Reach US$ 161.6 Billion in 2032
In addition, the recent advent of the technological advancements in Big Data and analytics is one of the key factors driving the growth of oil and gas data monetization market during the forecast period. Moreover, the adoption of IoT solutions built around the applications such as factory optimization, predictive maintenance, and supply chain automation is creating potential growth opportunities for the oil and gas data monetization market.
Request For Report Sample - https://www.persistencemarketresearch.com/samples/33070
The increase in the number of oil and gas companies across the globe acts as one of the major factors driving the growth of oil and gas data monetization market. The increase in the adoption of the big data technologies to collect, manage, and increase new insights, and increase in demand for data monetization technologies that can assist key players in optimizing their business operations, and improving their competitive edge accelerate the market growth.
On the basis of component, oil & gas data monetization software/platform to grow at a CAGR of 14.9%
Indirect data monetization is expected to grow at a high rate, with a CAGR of 14.0% during the forecast period.
The oil and gas data monetization market in Japan is expected to be worth US$ 37.0 Million by 2032
China is expected to reach US $20.6 Billion by 2032, growing at a CAGR of 17.9% during the research period.
The US is expected to reach a market size of US$ 41.0 Billion by 2032, with a CAGR of 14.4% during the research period
U.K to accumulate a market size of US$ 2.61 billion by 2032, with a CAGR of 15.1% during the research period.
By 2032, Australia to reach a market size of US$ 1.5 Billion, with a CAGR of 17.5% during the research period.
For in-depth competitive analysis, buy now - https://www.persistencemarketresearch.com/checkout/33070
Major players such as Halliburton, Schlumberger Limited, Informatica Corporation, SAP SE, Oracle Corporation, IBM Corporation, EMC Corporation, Microsoft Corporation, Tata Consultancy Services Ltd., Datawatch, Drilling info, Hitachi Vantara Corporation, Hortonworks, Inc., Capgemini SE, Newgen Software, Inc., Cloudera, Inc., Cisco Software, Inc., SAS Institute, Inc., MapR Technologies, Inc., Palantir Solutions, OSIsoft LLC, Infosys Limited, and NETSCOUT, among others are expected to dominate the market share in terms of revenue.
In November 2019, Oracle announced a new cloud-native deployment option for BRM. The enhanced deployment model provides a modern monetization solution to capture opportunities. The latest version of the BRM solution is introduced to support emerging 5G-enabled use cases for CSPs.
In July 2019, Microsoft introduced a new Microsoft Azure service. The new Azure Data Share service is a cloud service. It will help organizations in sharing their internal data. The company focuses on providing the service for its customers to share data to comply with regulations and privacy policies.
In June 2019, Salesforce announced the acquisition of Tableau, a leading provider of the analytics platform. This acquisition would provide Salesforce customers with a full view of their consumers across touchpoints by combining the CRM platform of Salesforce with Tableau's data.
Request For Report Customization - https://www.persistencemarketresearch.com/request-customization/33070
Find More Valuable Insights on Oil and Gas Data Monetization Market
Persistence Market Research (PMR) published a detailed study on the oil and gas data monetization market, which includes global industry analysis for 2015-2021 and forecasts for 2022-2032. The report provides an insightful analysis of the market concentration across five different regions, through three different segments - method, component, application, E&P lifecycle, and oil companies. The report titled - 'Oil and Gas Data Monetization' deliberates current installed base, product usage in various applications from domestic to industrial, as well as prevailing trends and technologies. Along with this, detailed value chain analysis pertaining procurement and aftermarket services has been presented in the report.
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - email@example.com
Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
This release was published on openPR.
Permanent link to this press release:
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 The Oil and Gas Data Monetization Market is Anticipated to Reach US$ 161.6 Billion in 2032 here
News-ID: 2664913 • Views: 140
More Releases from Persistence Market Research
Integrated Facility Management (IFM) Market to register steady growth at 4.2% CA …
Demand for integrated facility management (IFM) is expected to close in on US$ 730 Bn in 2021. As per Persistence Market Research analysis, the market will register steady growth at 4.2% CAGR from 2022 to 2031. According to the International Facility Management Association (IFMA), facility managers, must, in their capacity, "ensure functionality, comfort, safety, and efficiency of the built environment by integrating people, place, process, and technology." Advanced organizations are getting advisory
Virtual Care To Take Diagnostic Imaging Devices Market By Storm At A CAGR Of 5.2 …
According to a new market report published by Persistence Market Research "Global Market Study on Diagnostic Imaging Devices: Asia-Pacific to Witness Highest Growth by 2020," the global diagnostic imaging devices market was valued at USD 26,477.1 million in 2014 and is expected to grow at a CAGR of 5.2% from 2014 to 2020, to reach an estimated value of USD 35,793.4 million in 2020. The global diagnostic imaging devices market is
The Digital Games Market To Stall Monotony With Innovation
A video game is an electronic game that includes a video device for human interaction with the user interface of the game. PC monitor, mobile display and TV are used as a video device. The electronic systems used to play video games are known as platforms. Different platforms include PCs, consoles, TVs, mobile devices and others. Different types of games are available for different gaming platforms. Request For Free Sample Report
Diabetic Nephropathy Market To Revolve Around Home-Based Care At A CAGR Of 5.6%
According to a new market report published by Persistence Market Research "Global Market Study on Diabetic Nephropathy Market - Asia to Witness Highest Growth by 2020,".The global diabetic nephropathy market was valued at USD 2,262.2 million in 2014 and is expected to grow at a CAGR of 5.6% from 2014 to 2020, to reach an expected value of USD 3,145.9 million in 2020. Get Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/3594 Diabetic nephropathy