Press release
Oil and Gas Data Management Market - Global Industry Analysis and Market Forecast From 2014 to 2025
Oil and Gas Data Management Market
Data management is a consolidated approach that is used to obtain, store, analyze, aggregate, and deploy various types of structured and unstructured upstream data for strategy formulation, support operations, and decision making by various business domains. The oil & gas industry implements data management solutions to restructure bulk quantity of data generated for various operations such as real-time down-hole drilling, reservoir performance, minimizing downtime, enhancing recovery, and ensuring higher safety, and others.
Data management solutions are used by oil and gas companies to enhance their production capabilities and reduce operational costs to gain a competitive edge in the market.
The global oil and gas data management market is segmented on the basis of type and geography.
The Asia-Pacific region is expected to register the highest CAGR of over 15% due to the factors such as digital transformation in oil and gas companies operating in the region.
Oil and Gas Data Management Market By Type
• Data Analysis
• IT Infrastructure
• Services
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Oil and Gas Data Management Market Dynamics
Drivers
• Enhancement of performance and operational efficiency in long run
• Growing adoption of predictive and real-time analytical tools and solutions in Oil & Gas industry
• Increasing awareness regarding benefits of data management solutions among end users
Restraints and Challenges
• Growing number of data breaches and cyber-attacks worldwide
• Lack of skilled workforce
• High deployment cost
Oil and Gas Data Management Market Players
Prominent companies operating in this industry have adopted product launch, partnership, geographical expansion, and acquisition strategies to facilitate business growth and expand in the untapped regions. The key players profiled in the report are EMC Corporation, Cisco Systems, Inc., Hitachi, Ltd., NetApp, Inc., Hewlett-Packard Enterprise Company, SAP SE, Infosys Limited, Wipro Limited, Oracle Corporation, and IBM Corporation.
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KEY TAKEAWAYS
• This report entails the detailed quantitative analysis of the current market for the period of 2014-2025 to identify the prevailing market opportunities.
• In-depth analyses of the drivers, restraints, and opportunities are provided to understand the market dynamics.
• The report includes the key strategies adopted by the key players in the market.
• Porters Five Forces analysis determines the competitive structure of the market to assist in strategy formulation.
• The regional and country-level analyses of the market are provided in the report.
• Competitive intelligence of leading players assists in understanding the competitive scenario across geographies.
• The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.
Oil and Gas Data Management Market By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Russia
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Australia
o Rest of Asia-Pacific
• LAMEA
o Latin America
o Middle East
o Africa
Table of Content for Oil and Gas Data Management Market
SECTION 1 EXECUTIVE SUMMARY for Oil and Gas Data Management Industry
1.1. KEY FINDINGS
1.2. MARKET ATTRACTIVENESS AND TREND ANALYSIS
1.3. COMPETITIVE LANDSCAPE AND RECENT INDUSTRY DEVELOPMENT ANALYSIS
SECTION 2 INTRODUCTION for Oil and Gas Data Management Industry
2.1. REPORT DESCRIPTION
2.2. SCOPE AND DEFINITIONS
2.3. RESEARCH METHODOLOGY
2.3.1. Secondary research
2.3.2. Primary research
2.3.3. Analyst tools and models
SECTION 3 MARKET LANDSCAPE for Oil and Gas Data Management Industry
3.1. GROWTH DRIVERS
3.1.1. Enhancement of performance and operational efficiency in long run
3.1.2. Growing adoption of predictive and real-time analytical tools and solutions in Oil & Gas industry
3.1.3. Increasing awareness regarding benefits of data management solutions among end users
3.2. RESTRAINTS AND CHALLENGES
3.2.1. Growing number of data breaches and cyber-attacks worldwide
3.2.2. Lack of skilled workforce
3.2.3. High deployment cost
3.3. PORTER’S FIVE FORCES ANALYSIS
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Degree of competition
3.3.4. Threat of substitutes
3.3.5. Threat of new entrants
3.4. GLOBAL OIL AND GAS DATA MANAGEMENT MARKET SHARE ANALYSIS, 2014-2025
Continue to Full ToC: https://www.progressivemarkets.com/industry-research/oil-and-gas-data-management-market
List of Tables for Oil and Gas Data Management Industry
Contain 23 Tables
List of Figures for Oil and Gas Data Management Industry
Contain 48 Figures
Discount on Full Report for Oil and Gas Data Management Industry: https://www.progressivemarkets.com/get-discount/oil-and-gas-data-management-market
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