DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/n32sq6/oil_and_gas) has announced the addition of the "Oil and Gas Analytics Market by Software, by Deployment Model, by Services, and by Regions - Forecasts and Analysis (2014 - 2019)" report to their offering.
It is forecasted that the global oil and gas analytics market is to grow from $4.29 in 2014 to $19.65 by 2019.
The maintenance costs of the oil companies are sky rocketing in order to sustain environmental challenges. Billions of dollars are spent annually over the repairs and maintenance of offshore and deepwater oilrigs. The aging production infrastructure often results in oil explosions and oil spills which are responsible for hazardous ecological consequences like loss of marine wealth and acid rains.
The global production of oil and gas swings across every day and it is under heavy political scrutiny and influence. The oil and gas market is an oligopoly where a few strong market players control the entire market space. The rising oil demand and the fluctuating supply have made the crude oil prices very volatile. The heavy rise and fall in the oil market has kept away hefty investments for the technological advancements of the oil fields. The oil industry thus operates inefficiently with low oil production by conventional techniques resulting in heavy operational losses.
World economy is driven by the exchange of goods and services. Exchange of goods heavily depends on the intermodal transportation service. The immense growth in the transportation sector is an outcome of the expanding world economies. The global transportation machinery and fleet urges for a colossal demand for oil and gas.
The global oil demand is on an exponential rise due to rapid globalization and industrial growth. The developed economies in the west show very high per capita oil consumptions. The BRICS economies excluding Russia import large quantities of crude oil due to low domestic oil and gas production and huge demand in the country. The exhausting oil and gas reserves have aggravated the oil demands forcing oil companies to maintain higher production volumes from aging oil fields. This fact drives solutions and systems available in the market on a global level.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
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
- Northwest Analytics
- SAS Institute
- Sap Ag
- Tableau Software
- Tibco Software
For more information visit http://www.researchandmarkets.com/research/n32sq6/oil_and_gas