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Forecast the Global Big Data Market in the Oil and Gas Sector to Grow at a CAGR of 30.67% by Revenue During the Period 2016-2020

08-24-2016 09:25 AM CET | IT, New Media & Software

Press release from: Market Research Moz

About Big Data in Oil and Gas sector

Big data solutions are the wide range of solutions required for processing and analyzing enterprise data, which are too large for traditional data processing tools to manage.

To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=S&repid=517605

The oil and gas sector generates various types of structured and unstructured data.

The type of data ranges from terabytes (10^12 bytes) to zettabytes (10^21 bytes) in size. Big data solutions are used in the oil and gas sector to provide a fast consolidated view of organization-wide information. Big data solutions also help organizations to improve their operational performance and maximize profitability.

Technavios analysts forecast the global big data market in the oil and gas sector to grow at a CAGR of 30.67% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global big data market in the oil and gas sector for the period 20162020. To calculate the market size, the report considers the revenue generated from the sales of big data solutions in the oil and gas sector from the following:
Software licenses and subscriptions
Software implementation costs
Technical support and maintenance costs

Technavio's report, Global Big Data in Oil and Gas sector 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
HP
IBM
Oracle
Teradata

Other prominent vendors
Actian
Alteryx
Basho
Cloudera
Datameer
Digital Reasoning
DataStax
Guavus
Kognitio
MapR
Opera Solutions
Splunk.

Make an Enquiry of this report @ http://www.researchmoz.us/enquiry.php?type=E&repid=517605

About ResearchMoz

ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.

ResearchMoz
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