Press release
Global Smart Oilfield IT Services Market to grow at a CAGR of 5.93% over the period 2015-2019: Key Vendors such as Accenture, IBM, TCS, Wipro
ResearchMoz added Latest Research Report titled " Global Smart Oilfield IT Services Market 2015-2019 " to it's Large Report database.About Smart Oilfield IT Services
With the presence of volatile market conditions, global energy requirements are continuing to rise, creating challenging competitive environment for companies in the O&G sector. Forecasting and budgeting have become extremely difficult in the face of ongoing price volatility and many other uncertainties in the oil sector. The challenging environment has forced companies to look for innovative, upstream oil technologies. Furthermore, the volume and detail of data generated in exploration and production need to be put into better use so that the O&G companies can gain value from the same and act upon the insights generated by data produced during exploration and production.
Smart oilfield services comprise IT services, including IT consulting, business consulting, integrating services, and outsourcing services. The implementation of these services enables companies to increase production, improve recovery rates, and cut capital and operating expenses. In addition, the time-to-value also gets enhanced with the implementation of these services.
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Technavio's analysts forecast the global smart oilfield IT services market to grow at a CAGR of 5.93% over the period 2014-2019.
Covered in this Report
The global smart oilfield IT services market is segmented on the basis of geography.
Technavio's report, Global Smart Oilfield IT Services Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
Key Vendors
Accenture
IBM
Tata Consultancy Services
Wipro
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Table of Content
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Services Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Situation Overview
06.1.1 Introduction to Digital Oil Field
06.1.2 Market Size and Forecast
06.2 Five Forces Analysis
07. Impact of Government Regulations on Oil and Gas Drilling Sector
07.1 Example
08. Geographical Segmentation
08.1 Global Smart Oilfield IT Services Market by Geographical Segmentation 2014
09. Buying Criteria
10. Market Growth Drivers
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