openPR Logo
Press release

Global Oil and Gas Analytics Market Size to Grow at a CAGR of 14.80% in the Forecast Period of 2023-2028

01-09-2023 09:35 AM CET | Energy & Environment

Press release from: Expert Market Research

Global Oil and Gas Analytics Market Size to Grow at a CAGR of 14.80%

The 'Global Oil and Gas Analytics Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028' by Expert Market Research gives an extensive outlook of the global oil and gas analytics market, assessing the market on the basis of its segments like components, deployment models, organisation sizes, and major regions.

Oil and Gas Analytics Market Size, Share, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Forecast CAGR (2023-2028): 14.80%

Oil and gas firms are working to switch from conventional to mobility-based approaches in order to perform better and increase operational efficiency, which is driving up the demand for oil and gas analytics. The oil and gas analytics market is also expanding due to emerging technologies like seismic data. Oil drilling analytics can analyse seismic data to provide risk insights, boosting success rates while minimising time and resource waste. They can also aid in determining the amount of oil in the reservoir when combined with past data.

Get a Free Sample Report with Table of Contents@ https://www.expertmarketresearch.com/reports/oil-and-gas-analytics-market/requestsample

The demand for data management in the oil and gas industry has increased due to the use of unconventional drilling techniques and production processes. Rising operational activity and increasing data quantities are driving up demand for oil and gas analytics thereby propelling the overall market growth.

Cloud-based deployment models are accounting for a rapidly expanding share of the oil and gas analytics market due to the increased demand for data collection at remote work locations and subsequent transmission to secure repositories. Cloud-based oil and gas analytics is frequently simpler to set up, especially in remote areas because of the lack of specialised gear needed. Additionally, cloud-based deployments make it simpler to integrate software updates and sophisticated customisations.

Oil and Gas Analytics Industry Definition and Major Segments

The applications of big data analytical techniques to activities in the oil and gas industry is known as oil and gas analytics, commonly referred to as oilfield analytics. The use of oil and gas analytics help to enhance offshore operation forecasting, minimise maintenance costs, increase asset management, and reduce downtimes.

Based on component, the market can be bifurcated into:

• Software
• Service

On the basis of deployment model, the market can be segmented into:

• Cloud-based
• On-premises

Based on organisation size, the market is divided into:

• Small and Medium Businesses
• Large Enterprises

On the basis ofregion, themarket is segmentedinto:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Read Full Report with Table of Contents@ https://www.expertmarketresearch.com/reports/oil-and-gas-analytics-market

Oil and Gas Analytics Market Trends

With firms resolving to achieve lower maintenance and operational expenses, the oil and gas analytics market is anticipated to have significant growth during the forecast period. The use of analytical services in the sector has expanded as a result of strict mandates by various governments and regulations that are intended to promote safety during operations in the upstream, middle, and downstream sectors.

The market has noticed a considerable change in favour of the implementation of hosted services for real-time data collection at a reduced cost for improving production efficiency. Leading companies are heavily spending in research and development to enhance the level of digitisation in their operations, which will lead to the development of the best exploration and production techniques.

Large enterprises hold a significant portion of the oil and gas analytics market due to the fact that they produce a vast volume of data that can be analysed. These enterprises are often more inclined to invest in cutting-edge analytics tools in order to enhance overall operations. Large enterprises also frequently have more developed infrastructure, a larger workforce, and other resources that can be connected and integrated with oil and gas analytics programmes.

Key Market Players

The major players in the global oil and gas analytics market report are:

• SAS Institute Inc.
• Oracle Corporation
• IBM Corporation
• SAP SE
• TIBCO Software Inc.
• Northwest Analytics Inc.
• Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter's Five Forces Models.

Read More Reports:

Oil and Gas Analytics Market: https://www.digitaljournal.com/pr/global-oil-and-gas-analytics-market-size-to-grow-at-a-cagr-of-14-80-in-the-forecast-period-of-2023-2028

Integrated Bridge Systems Market: https://www.einpresswire.com/shareable-preview/DbO-ZYFCEhyq3NCJr8vVpA

Laboratory Furniture Market: https://www.einpresswire.com/shareable-preview/KqegtuasVOQtNA6Oo9ROOg

Sun Care Products Market: https://www.einpresswire.com/shareable-preview/slTfLlPU_eVX9zaw1M5aFw

RO Membrane Cleaning Chemicals Market: https://www.openpr.com/news/2851769/global-ro-membrane-cleaning-chemicals-market-size-to-grow-at

Tax Management Software Market: https://www.openpr.com/news/2851775/global-tax-management-software-market-size-to-grow-at-a-cagr

Teledermatology Market: https://www.openpr.com/news/2851787/global-teledermatology-market-size-to-grow-at-a-cagr-of-22-4

Rheumatoid Arthritis Therapeutics Market: https://www.marketwatch.com/press-release/global-rheumatoid-arthritis-therapeutics-market-size-to-grow-at-a-cagr-of-270-in-the-forecast-period-of-2023-2028-2022-12-28?mod=search_headline

Organic Meat Products Market: https://www.marketwatch.com/press-release/global-organic-meat-products-market-size-to-grow-at-a-cagr-of-840-in-the-forecast-period-of-2023-2028-2022-12-28?mod=search_headline

Oil and Gas Analytics Market: https://www.marketwatch.com/press-release/global-oil-and-gas-analytics-market-size-to-grow-at-a-cagr-of-1480-in-the-forecast-period-of-2023-2028-2022-12-28?mod=search_headline

Media Contact:

Company Name: Claight Corporation
Contact Person: Alex, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com
LinkedIn: https://www.linkedin.com/company/expert-market-research

About Us:

Expert Market Research (EMR) is a leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium-scale enterprises.

EMR customises syndicated reports according to client's requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate, and actionable industry intelligence so that they may formulate informed, effective, and intelligent business strategies and ensure their leadership in the market.

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 Global Oil and Gas Analytics Market Size to Grow at a CAGR of 14.80% in the Forecast Period of 2023-2028 here

News-ID: 2875368 • Views:

More Releases from Expert Market Research

Smart Shelves Market Size To Grow At A CAGR Of 23.1% In The Forecast Period Of 2024-2032
Smart Shelves Market Size To Grow At A CAGR Of 23.1% In The Forecast Period Of 2 …
According to a new report by Expert Market Research titled, "Global Smart Shelves Market Share, Size, Report and Forecast 2024-2032″, the global smart shelves market size reached a value of USD 3.97 billion in 2023. Aided by the enhanced inventory management and efficient space utilisation, the market is projected to further grow at a CAGR of 23.1% between 2024 and 2032 to reach a value of USD 25.78 billion by
Global Clay Market Size, Share, Industry Growth, Analysis, Report and Forecast 2024-2032
Global Clay Market Size, Share, Industry Growth, Analysis, Report and Forecast 2 …
According to the report by Expert Market Research (EMR), the global clay market is projected to grow at a CAGR of 4.20% between 2024 and 2032. The market is driven by the rapid urbanisation, growing infrastructure development, and technological advancements. Clay is a naturally occurring material composed of fine-grained minerals, primarily used in the production of ceramics, bricks, tiles, and pottery. It is also widely used as a raw material in
IoT in Healthcare Market Challenges and Opportunities, Regional Analysis, Key Industry Players and Market Forecast | 2032
IoT in Healthcare Market Challenges and Opportunities, Regional Analysis, Key In …
The Internet of Things (IoT) has revolutionized numerous industries, and healthcare is no exception. By integrating IoT technology, healthcare providers can offer more efficient, patient-centric services. The global IoT in healthcare market was valued at USD 222.24 billion in 2023, driven by factors such as rising disposable income, increased healthcare expenditure, growing health awareness, and the widespread adoption of smart devices. This market is projected to grow at a compound
Australia Oilseed Market Size, Share, Trends Report and Forecast 2024-2032
Australia Oilseed Market Size, Share, Trends Report and Forecast 2024-2032
Australia Oilseed Market Outlook According to the report by Expert Market Research (EMR), the Australia oilseed market is projected to grow at a CAGR of 5.5% between 2024 and 2032. Aided by the Australia's favourable climate, innovative farming practices, and strategic market positioning, the market is expected to grow significantly by 2032. Australia specialises in the cultivation of a variety of oilseeds, including canola, soybeans, sunflowers, and cottonseed, among others. Canola, in

All 5 Releases


More Releases for Oil

Transformer Oil Market, Transformer Oil Market Size, Transformer Oil Market Shar …
The Transformer Oil Market research report consists of a detailed study of the market and the market dynamics that are related to the same. The in-depth data on the development of the market is presented in the Research report. Not only this but also the detailed data on the performance of the market for the forecast period are presented in the Transformer Oil Market research report. The performance analysis is
Apricot Oil, Apricot Kernel Oil Supplier, Co2 Apricot Oil Manufacturer
The seed inside every apricot contains thin oil, which is extracted from the kernel of the seed after eating the delectable fruit. Apricot oil is also known as apricot kernel oil. This oil has been the interest of many experts for research purposes due to its infinite health benefits. It has been found that the oil could cure some serious health conditions (like cancer). Apricot oil has a profound nutty
Cooking Oil Market by Region - North America,Latin America,Europe,Japan,APEJ,MEA …
According to Fact.MR, the sales of cooking oils are expected to increase at a steady pace during the forecast period. The global cooking oil market is projected to expand at a value CAGR of 5.5% during the period of assessment (2017-2026). Also, Fact.MR analysis has revealed that the volume sales of cooking oils is estimated to surpass 250,000,000 tons by the end of the year of assessment (2026). Health advantages associated with
Cooking Oil Market by Region - North America,Latin America,Europe,Japan,APEJ,MEA …
Since several years, cooking oil section in supermarkets and hypermarkets has been a crowded spot, where individuals keep choosing on several cooking oil options available that are healthy to consume. Cooking oil is an essential component in daily cooking activity, be it a restaurant or home. This, in combination with increasing population percentage, especially in emerging economies, is expected to fuel the consumption of cooking oils. However, aspects related to
Specialty Fats and Oils Market (Product Type - Specialty Oils (Corn Oil, Sun Flo …
The global Specialty fats and Oils Market expected to reach a value of US$ 142.1 Bn by 2026. The market projected to grow at a CAGR of 6.6 % in terms of revenue during the forecast period from 2018 to 2026, according to a new research report by Transparency Market Research (TMR). The product manufactured may vary according to the end use application of processing by specialty fats and oils.
Europe Mosquito Repellent Candles Market by Raw Material Type : Citronella Oil, …
Albany, New York, July 17, 2017 : Recent research and the current scenario as well as future market potential of "Mosquito Repellent Candles Market - Europe Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021" globally. Mosquito repellent candles are having huge untapped potential for growth. In contrast to the other categories of mosquito repellent products that are available in the market such as mosquito creams, liquids, coils, and