Press release
Global IT spending in Energy Sector set to grow at a CAGR of 3.18% during the period 2016-2020
IT spending comprises the spending of the enterprise on the procurement of IT solutions and services in the energy sector. Energy firms like the oil and gas companies along with the power companies require IT solutions such as on-premises of cloud-based software solutions, networking devices, equipment, and IT support services.Technavios analysts forecast the global IT spending in energy sector to grow at a CAGR of 3.18% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global IT spending in energy sector for 2016-2020. To calculate the market size, the report considers the revenue generated by vendors providing IT products, solutions, and services for energy firms operating businesses in the oil and gas and the power sectors.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Request For Sample Copy: http://www.marketresearchreports.biz/sample/sample/892995
Technavio's report, Global IT Spending in Energy 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
Dell
IBM
Infosys
SAP
Other prominent vendors
ABB Limited
Alcatel-Lucent
Capgemini
Cisco
Systems
GE Oil and Gas
Hitachi
Huawei Technologies
HCL Technologies
Oracle
Siemens
TCS
Market driver
Digital transformation and automation of energy sector.
For a full, detailed list, view our report
Market challenge
System integration and interoperability issues.
For a full, detailed list, view our report
Market trend
Energy analytics spending is on the rise.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
MarketResearchReports.biz supports your business intelligence needs with over 100,000 market research reports, company profiles, data books, and regional market data sheets in its repository. Our document database is updated by the hour, which means that you always have access to fresh data spanning over 300 industries and their sub-segments.
State Tower
90 State Street, Suite 700
Albany, NY 12207
United States
Toll Free: 866-997-4948
(USA-CANADA)
Tel: +1-518-621-2074
E: sales@marketresearchreports.biz
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 IT spending in Energy Sector set to grow at a CAGR of 3.18% during the period 2016-2020 here
News-ID: 394676 • Views: …
More Releases from IT spending in Energy Sector
Global IT Spending In Energy Sector to grow at a CAGR of 3.18% during 2016-2020
About IT Spending in Energy Sector
IT spending comprises the spending of the enterprise on the procurement of IT solutions and services in the energy sector. Energy firms like the oil and gas companies along with the power companies require IT solutions such as on-premises of cloud-based software solutions, networking devices, equipment, and IT support services.
Technavios analysts forecast the global IT spending in energy sector to grow at a CAGR…
More Releases for Technavio
Dual Lens Camera Smartphone Market - Technavio
The "Global Dual Lens Camera Smartphone Market by Price (premium range, medium range, and low range) and Geography (APAC, North America, Europe, South America, and MEA) - Forecast and Analysis 2021-2025" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The dual-lens camera smartphone market share is expected to increase by USD 462.03…
Technavio: Global Automotive Start-stop System Market
June 15, 2017 - Technavio’s latest report on the global automotive start-stop system market provides an analysis of the most important trends, drivers, and challenges expected to impact the market outlook from 2017-2021. This market research report includes up to date analysis, share breakdown, and projections for various application, end-user, product, distribution, and geographical segments. The report also provides an in-depth vendor landscape, covering various large and small stakeholders in…
Fiber Channel over Ethernet (FCoE) Market Booming: TechNavio Report
TechNavio, the independent tech-focused global research firm, has published their report on the Global Fiber Channel over Ethernet (FCoE) Market. The market is growing at a CAGR of 37.73 percent from 2013-2018.
An FCoE is a storage protocol that enables fiber channel communications over Ethernet. The use of FCoE consolidates network data transmission and reduces the complexity of data centers. FCoE transmission condenses fiber channel frames into Ethernet frames, which can…
TechNavio Publishes Global Metal Organic Chemical Vapor Deposition (MOCVD) Equip …
TechNavio, the independent tech-focused global research firm, has announced the publication of its report on the Global Metal Organic Chemical Vapor Deposition Equipment Market, which is posting a CAGR of 14.13 percent from 2013-2018.
Market growth in this area is being attributed to high demand for LED lighting, as MOCVD equipment is used in the production of LEDs. As this technology is used more and more frequently in consumer electronics…
TechNavio Publishes Global Metal Organic Chemical Vapor Deposition (MOCVD) Equip …
TechNavio, the independent tech-focused global research firm, has announced the publication of its report on the Global Metal Organic Chemical Vapor Deposition Equipment Market, which is posting a CAGR of 14.13 percent from 2013-2018.
Market growth in this area is being attributed to high demand for LED lighting, as MOCVD equipment is used in the production of LEDs. As this technology is used more and more frequently in consumer electronics…
Global Hard Disk Drive Market Struggling for Growth: TechNavio Report
A recent report by TechNavio, the independent tech-focused global research firm, shows the Global Hard Disk Drive (HDD) Market is faltering in the presence of newer technologies like solid state drives (SSDs) and cloud storage. The market is only expecting growth of 0.13 percent CAGR through 2018.
HDDs are comprised of one or more rotating disks, covered in magnetic material. While they are able to store a lot of data…
