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Oil & Gas Analytics Market Global Industry Demand, Size, Growth Report By 2022

03-07-2018 08:22 AM CET | Energy & Environment

Press release from: (MRE) Report

Oil & Gas Analytics Market

Oil & Gas Analytics Market

New York, March 07, 2018: Advanced change is a worldwide marvel, which can have a positive effect on oil and gas organizations when efficiencies and cost decreases are fundamental. Oil and gas associations should change their IT foundation into an advanced stage that incorporates social, portable, examination, and cloud, and additionally undertaking content administration and process instruments. Oil and gas investigation administrations help in minimizing the dangers and enhancing security over every one of the procedures in the oil and gas industry. Oil and gas generation yield can likewise be upgraded with the help of oil and gas investigation administrations. Oil and gas examination can likewise be utilized for evaluating hazardous operations, and preventive measures can be attempted to keep away from mischances. Oil and gas examination gives bits of knowledge into coordinations and production network and streamlines forms with reconciliation of information over the whole inventory network. Oil and gas investigation likewise helps in observing of market feeling, including potential open doors, mark well being, and contender data. Declining oil and gas costs have empowered appropriation of oil and gas investigation benefits in the oil and gas industry. Expanding creation from capricious oil and gas assets has likewise supported the reception of oil and gas investigation administrations.

The Global Oil & Gas Analytics Market is expected to grow at a CAGR of more than 19% in the given forecast period.

Browse Full Report: https://www.marketresearchengine.com/reportdetails/oil-and-gas-analytics-market

The major driving factors of Oil & Gas Analytics Market are as follows:

• Due to a rapid increase in exploration and production of unconventional oil and shale gas.
• Declining crude oil & natural gas prices create need for making oil & gas operations more economically viable.
• Improvements in Environmental and safety regulations.
• These include exploration operations optimization, asset maintenance, drilling optimization, and risk assessment.
• High priority in improving the exploration and extraction of oil and gas.

The restraints factors of Oil & Gas Analytics Market are as follows:

• Tight regulations regarding renewable energy reforms.
• Poor quality of data and resistance toward data integration.

The Oil & Gas Analytical Market is segmented on the lines of its product, service, software, type and regional. Based on segmentation it is broadly segmented on the basis of application into upstream, midstream, and downstream. In 2015 upstream application contributed 50% of the global share. Upstream application has increased due to increase in drilling and production costs and associated risks. Midstream application includes transportation of ships and vessels, pipeline risk assessment, supply chain management and storage solutions. Downstream application includes separation and refining process, liquefaction and regasification assessment, demand and supply optimization, trade optimization, price optimization, risk management, personnel safety assessment, market analysis, and marketing and sales assessment. The Oil & Gas Analytical Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:

1) An overview of the global market for Oil & Gas Analytical Market and related technologies.
2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for home healthcare.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Capgemini S.A., Deloitte Development LLC, Oracle Corporation, IBM Analytics, Drillinginfo Inc., Accenture Plc, Microsoft Corporation, SAS Institute Inc., Tableau Software IncSAP SE, KPMG International Cooperative, Teradata Corporation, Hitachi Data Systems Corporation, TIBCO Software Inc., and Cognizant Technology Solution Corporation. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

Request Sample Report: https://www.marketresearchengine.com/reportdetails/oil-and-gas-analytics-market

Table of Contents
1. INTRODUCTION
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
5.1 Introduction
5.2 Evolution
5.3 Market Segmentation
5.3.1 Oil and Gas Analytics Market By Software
5.3.2 Oil and Gas Analytics Market By Deployment Platform
5.3.3 Oil and Gas Analytics Market By Services
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Global Demand for Oil And Gas
5.4.1.2 Untapped Value of Big Data In The Oil And Gas Industry
5.4.1.3 Asset-Intensive Oil and Gas Industry
5.4.2 Restraints
5.4.2.1 Price Volatility in The Oil And Gas Market
5.4.2.2 Harsh Climatic Conditions and Communication Links
5.4.2.3 Stringent Regulations and Compliances over The Oil And Gas Industry
5.4.3 Opportunities
5.4.3.1 Cloud Analytics
5.4.3.2 Evolutions of Digital Oilfields
5.4.4 Challenges
5.4.4.1 Depleting Oil and Gas Reserves
5.4.4.2 Aging Workforce In The Oil And Gas Industry
6 Industry Trends
7 Oil And Gas Analytics Market, By Software Used In Upstream Operations
8 Oil And Gas Analytics, By Software Used In Midstream Operations
9 Oil and Gas Analytics, By Software Used In Downstream Operations
10 Oil And Gas Analytics, By Deployment Platform
11 Oil And Gas Analytics, By Services
12 Geographical Analysis
13 Competitive Landscape
14 Company Profiles
14.1 Introduction
14.2 Hewlett-Packard
14.3 Hitachi
14.4 IBM
14.5 Northwest Analytics
14.6 Oracle
14.7 Sap Ag
14.8 SAS Institute
14.9 Tableau Software
14.10 Teradata
14.11 Tibco Software

About Us

Market Research Engine (MRE) is a next-generation provider of syndicated research, customized research, and consulting services. MRE’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each Market Research Engine’s research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

Media Contact

Company Name: Market Research Engine
Contact Person: John Bay
Email: john@marketresearchengine.com
Phone: +1-855-984-1862
Country: United States
Website: https://www.marketresearchengine.com/

Address: 3422 SW 15 Street, Suite #8942, Deerfield Beach, FL 33442, United States

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