Press release
Big Data in the Oil and Gas Sector 2017 Global Market Expected to Grow at CAGR 30.67% and Forecast to 2020
Big Data in the Oil and Gas Sector 2017
The 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.
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. 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.
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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 2016−2020. 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
The 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.
Market driver
• Huge amounts of data
• For a full, detailed list, view our report
Market challenge
• Lack of awareness
• For a full, detailed list, view our report
Market trend
• Adoption of user-friendly predictive modeling
• 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?
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Table Of Contents – Major Key Points
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Big data overview
• Definition of Big data
• Big Data in oil and gas sector
• Industry dynamics
PART 06: Market landscape
• Market overview
• Market size and forecast
• Big data in oil and gas sector as segment of big data in all sectors
• Five forces analysis
PART 07: Market segmentation by product
• Services
• Software
PART 08: Geographical segmentation
PART 09: Market drivers
• Huge amounts of data
• Increased demand for enhanced BI solutions
• Need to improve productivity in oil and gas sector
• Demand for easy data access
PART 10: Impact of drivers
PART 11: Market challenges
• Lack of awareness
• Lack of talented professionals
• Industry barriers
• Data security and privacy issues
PART 12: Impact of drivers and challenges
PART 13: Market trends
• Adoption of user-friendly predictive modeling
• Increased demand for advanced analytics
• Emergence of cloud computing technology
PART 14: Vendor landscape
• Vendor analysis
• Promising pure players of big data market
• Other prominent vendors
PART 15: Key vendor analysis
• HP
• IBM
• Oracle
• Teradata
Continue…….
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