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Oil and Gas Data Management Market worth $21.22 Billion by 2020 !!

09-01-2017 12:32 PM CET | IT, New Media & Software

Press release from: MarketsandMarkets

Oil and Gas Data Management Market worth $21.22 Billion by 2020 !!

The report “Oil and Gas Data Management Market by Type (Information technology infrastructure, Data organization, and Service), and by Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Global Forecast to 2020” analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.
Browse 75 market data tables and 45 figures spread through 129 pages and in-depth TOC on “ Oil and Gas Data Management Market by Type (Information technology infrastructure, Data organization, and Service), and by Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Global Forecast to 2020"
Early buyers will receive 10% customization on reports.
This report studies the global Oil and Gas Data Management market during the forecast period from 2015 to 2020. The market is expected to expected to grow from $6.08 Billion in 2015 to $21.22 Billion, at a Compound Annual Growth Rate (CAGR) of 28.4% from 2015 to 2020.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=85567816

MarketsandMarkets broadly segments the Oil and Gas Data Management market by solution (IT infrastructure, data organization, and services, and byregion (North America (NA), Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America (LA).
The oil and gas data management includes the full life cycle of exploration, refining, storage and transportation data in the Oil and Gas industry from production to end user distribution. These solutions and strategies are state of the art technology specifically for the oil and gas industry to empower clients to better understand access and manage their data assets. The challenges involved in data management increases with growing volume and velocity of the storage requirements.

The purpose of the IT technology adoption is to maximize oilfield recovery, eliminate non-productive time, and increase profitability through the design and deployment of integrated workflows. Digital oilfield workflows combine business process management with advanced information technology and engineering expertise. The evolution of advanced technology in the oil & gas industry will continue to enable geophysical assessment, drilling, exploration & production, refining, transportation and distribution. The Oil and Gas Data Management market research report analyzes market dynamics, future roadmaps and global trends, and also provides competitive intelligence and forecasts over the next five years.
As of 2014, North America is estimated to hold the largest share of the global Oil and Gas Data Management market, followed by MEA. However, the APAC market is expected to grow at the highest CAGR of 34.3% from 2014 to 2019. The oil and gas industry is rapidly shifting from traditional processes to smarter operations for deploy minimum workforce over remote and offshore exploration sites. SAP, IBM, Wipro, NetApp and Oracle and VMware Inc. are some of the key players in the global software defined data center market.

For More Details @ http://www.prnewswire.com/news-releases/oil-and-gas-data-management-market-worth-2122-billion-by-2020-504703111.html

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Rohan
MarketsandMarkets™
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441
Email: sales@marketsandmarkets.com

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