Internet of Things (IoT) Oil & Gas Market estimated to progress at a CAGR of 23 percent during the forecast period, Technological Advancements, Market Size and Share

Internet of Things (IoT) Oil & Gas Market estimated to progress at a CAGR of 23 percent during the forecast period, Technological Advancements, Market Size and Share

Pune, 27, Feb, 2023: The total market opportunity for Internet of Things (IoT) Oil & Gas was USD 10.59 Bn in 2021 and is expected to grow at 23 percent CAGR through the forecast period to reach USD 55.48 Bn by 2029. Maximize Market research, an Information Technology & Telecommunication business research firm has published a report on the "Internet of Things (IoT) Oil & Gas Market", which is a combination of primary and secondary data.

Global Internet of Things (IoT) Oil & Gas Market Report Scope and Research Methodology

The key objective of the report is to provide a comprehensive assessment of the global market, including major leading stakeholders in the Internet of Things (IoT) Oil & Gas industry. The analysis clearly shows the current and historical status of the Global Internet of Things (IoT) Oil & Gas Market, as well as forecasted market size and trends. The report also provides the competitive information, which includes market's volume, share, production, revenue and sales.

MMR's Global Internet of Things (IoT) Oil & Gas Market report is the result of a study that used various methodologies such as the PESTEL, PORTER, and SWOT analysis. These models were used for the market research, which helps to shed light on the key financial considerations that key players must focus on when identifying competition and developing marketing strategies for both consumer and industrial markets. To analyse consumer behaviour in its entirety, the Global Internet of Things (IoT) Oil & Gas Market report employs a wide range of research methods, including surveys, interviews, and social media listening.

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Global Internet of Things (IoT) Oil & Gas Market Regional Insights

In 2021, the Global Internet of Things (IoT) Oil & Gas Market was dominated by the North American region. This growth of the market is majorly due to the increasing production rate of tight oil and shale oil. The market in the US is expected to be driven by offshore shipping to transport oil and expansion of pipelines.

Global Internet of Things (IoT) Oil & Gas Market Segmentation

By Solution

Platforms
Analytics
In 2021, the Analytics segment held the largest Internet of Things (IoT) Oil & Gas Market share of around 76 percent. During the forecast period, the Analytics and platforms segments are expected to grow at a high rate due to the increasing use of devices and sensors that are expected to drive the need for data analytics and device management.

By Application

Upstream,
Midstream,
Downstream
In 2021, the upstream segment held the largest Internet of Things (IoT) Oil & Gas Market share and during the forecast period, the segment is expected to grow due to the use of new technologies during drilling and exploration phase.

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Global Internet of Things (IoT) Oil & Gas Market Key Competitors include:

ABB Ltd
AGT INTERNATIONAL
CARRIOTS S.L
C3 IoT
CISCO SYSTEMS
PARAMETRIC TECHNOLOGY (PTC)
SAP SE
DAVRA NETWORKS
EUROTECH SPA
GENERAL ELECTRIC COMPANY
HONEYWELL INTERNATIONAL INC
INTEL CORPORATION
INTERNATIONAL BUSINESS MACHINES CORPORATION
KORE TELEMATICS
MICROSOFT CORPORATION
SIEMENS AG
TELIT
WIND RIVER
PERTEX MANAGEMENT AND TECHNOLOGY CONSULTING LLC
SCHNEIDER ELECTRIC
EMBITEL TECHNOLOGIES INC
SIGFOX
TOTAL ENERGY VENTURES INTERNATIONAL'S
PELOTON Technology

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Table of Content for Global Internet of Things (IoT) Oil & Gas Market:

Global Internet of Things (IoT) Oil & Gas Market: Research Methodology
Global Internet of Things (IoT) Oil & Gas Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Internet of Things (IoT) Oil & Gas Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Internet of Things (IoT) Oil & Gas Market Segmentation
Global Market, by Solution (2021-2029)
Global Market, by Application (2021-2029)
Regional Internet of Things (IoT) Oil & Gas Market (2021-2029)
Regional Market, by Solution (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

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Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Internet of Things (IoT) Oil & Gas Market Size, Share, Size & Forecast by different segment | 2022-2029
Internet of Things (IoT) Oil & Gas Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Internet of Things (IoT) Oil & Gas Market Segmentation - A detailed analysis by Solution, Application and Region
Competitive Landscape - Profiles of selected key players by region in a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

Maximize Market Research is leading Information Technology & Telecommunication research firm, has also published the following reports:

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https://www.maximizemarketresearch.com/market-report/iot-in-warehouse-management-market/125887/

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https://www.maximizemarketresearch.com/market-report/global-iot-in-construction-market/100864/

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https://www.maximizemarketresearch.com/market-report/global-iot-professional-services-market/107415/

IoT in Utilities Market - Global Industry Analysis And Forecast (2022-2029)

https://www.maximizemarketresearch.com/market-report/global-iot-in-utilities-market/97603/

Solar Based Internet of Things (IoT) Market : Global Industry Analysis and Forecast (2022-2029)

https://www.maximizemarketresearch.com/market-report/global-solar-based-internet-of-things-iot-market/92188/

Satellite enabled IoT Software Market- Global Industry Analysis and forecast (2022-2029)

https://www.maximizemarketresearch.com/market-report/global-satellite-enabled-iot-software-market/66740/

IoT Cloud Platform Market: Industry Forecast (2021-2029) by Offerings, Deployment Type, Application Area, and Region

https://www.maximizemarketresearch.com/market-report/global-iot-cloud-platform-market/65046/

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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