Press release
Oilfield Communications Market Size 2014, Share, Trends and Forecast 2024 Report by Acumen Research and Consulting
India, Pune, Dec.14, 2017 (GLOBE NEWSWIRE) - Oilfield communications mainly focuses on all communication techniques providing support to companies that need real time data of oil and gas for production procedure and also secure transmission of end-to-end data services. Oil and gas field communications demand wireless networks with high capacity which can operate in any extreme environmental conditions. Therefore, wireless oil and gas communication networks deliver great broadband speed and form an efficient foundation to enhance the security to multiple applications that increase operational efficiency and safety.
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Market Dynamics
Market is driven by continuous rise in energy demand, and new projects based on oil drilling in tedious environment. As oil and gas sector is spread over large number of offshore and onshore locations, the demand for unique communication techniques remains robust. Possibility of risk in data transfer is acting as restraint in growth of market. In addition, the demand for cost effective solutions and advancement in communication technologies can result in quick growth rate in future.
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Market Classification
The market can be classified on the basis of application, service type, communication network technology, solution, and geography. By applications, the oilfield communications market can be segmented into onshore and offshore. By service type, the oilfield communications market can be segmented into pressure pumping services, wireline service, coiled tubing services and others. By communication network technology,cellular communication network, VSAT communication network, fiber optic-based communication network, microwave communication network, tetra network. By solution, M2M communication, unified communications, asset performance communications, video conferencing, VOIP solutions, pipeline supervisory control and data acquisition (SCADA), oilfield to control center data communication, Wi-Fi hotspot, and fleet management communication. On the basis of geography, the oilfield communicationmarket can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.
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Report Coverage
Market: Oilfield Communications Market
Analysis Period: 2014 – 2024
Historic Data: 2014 – 2015
Base Year: 2016
Forecast Data: 2017 – 2024
Market Stratification: Applications, Service Type, Communication Network Technology, Solution, Geography, Regional Scope, North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)
Report Coverage Market: Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis
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Market Participants
Some of the key players in oilfield communication market are Alcatel-Lucent International, ERF Wireless Inc., Harris CapRock Communications Inc., Hermes Data Communications International Ltd., Huawei Technologies Co Ltd., Hughes Network Systems LLC, Inmarsat PLC, ITC Global, Redline Communications Inc., and Rignet Inc. among others. All these players integrate communication technologies and supply them to end use utilities to cater to their unique requirements.
Market Segmentation
Market By Application
o Onshore communication
o Offshore communication
Market By Service Type
o Pressure-pumping services
o Oil country tubular goods
o Seismic services
o Wireline services
o Well completion equipment & services
o Production
o Well intervention services
o Coiled tubing services
o Drilling, workover & completion services
Market By Communication Network Technology
o Cellular communication network
o Fiber optic-based communication network
o VSAT communication network
o Tetra network
o Microwave communication network
Market By Solution
o M2M Communication
o Unified Communications
o Asset Performance Communications
o Video Conferencing
o VoIP Solutions
o Pipeline Supervisory Control And Data Acquisition (SCADA)
o Oilfield to Control Center Data Communication
o Wi-Fi Hotspot
o Fleet Management Communication
Market By Geography
North America
o U.S.
o Canada
o Mexico
Europe
o UK
o France
o Germany
o Rest of Europe
Asia-Pacific
o China
o Japan
o India
o Australia
o Rest of Asia-Pacific
Latin America
o Brazil
o Chile
o Rest of LATAM
Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o Rest of MEA
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About Us
Acumen Research and Consulting (ARC) is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.
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Email: frank@acumenresearchandconsulting.com
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