DUBLIN--(BUSINESS WIRE)--The "Global Offshore Oil & Gas Communications Market - Segmented by Solutions, Communication Network Technology, and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The offshore oil & gas communications market is projected to grow at a CAGR of 7.2% over the forecast period 2018-2023.
Offshore communications have come a long way. Now the real-time communication networks not only allow for personal cell phone use and Wi-Fi connectivity, but also provide real-time transfer of offshore data to onshore offices. Allowing for totally subsea developments and remote unmanned, offshore industry works have been transformed by improved communication systems. There are several communication technologies that can now work singly or in a system to solve offshore communications challenges. The most commonly chosen solution for offshore communications are satellite communications, which require a VSAT at the offshore site and are used many times for vessels that may be in extremely remote locations or on the move.
North America is expected to be most attractive region and will hold largest market share in the offshore oil & gas communications market over the forecast period. This region is said to be the pioneer in this market as it is also the largest oil & gas producer, with companies seeking advanced digital solutions for offshore field operations. The US accounts for largest market share in this region.
Companies Mentioned
- ABB Ltd.
- Alcatel Lucent S.A.
- Baker Hughes Incorporated
- CommScope Inc.
- Rignet Inc.
- AT&T Inc.
- ERF Wireless Inc.
- Redline Communications Inc.
- ITC Global Inc.
- Harris CapRock Communications Inc.
- Hughes Network Systems LLC
- Huawei Technologies Co. Ltd
- SpeedCast International Limited
- Tait Communications
- Airspan Networks Inc.
- Commtel Networks Inc.
Key Topics Covered:
1. Introduction
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Global Offshore Oil & Gas Communication Market
6. Competitive Intelligence - Company Profiles
7. Investment Analysis
8. Outlook of Offshore Oil & Gas Communication Market
For more information about this report visit https://www.researchandmarkets.com/research/2vnf57/global_offshore?w=4
