DUBLIN--(BUSINESS WIRE)--The "Oil and Gas Analytics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024" report has been added to ResearchAndMarkets.com's offering.
The report predicts the global oil and gas analytics market to grow with a CAGR of 20% over the forecast period of 2018-2024.
Untapped value of big data in the oil and gas industry is the factor driving the growth of the oil and gas analytics market. In addition, increase in demand for oil & gas, and advancements in technology to lower the operation and maintenance cost are the factors fueling the growth of the oil and gas analytics market.
Strict government regulation to ensure safety during operation will further complement the industry growth. However, harsh climatic conditions, and communication links and price volatility in oil and gas market is likely to restrain the growth of the oil and gas analytics market.
Furthermore, the evolution of digital oilfields and cloud analytics are anticipated to create immense growth opportunities for the key players in the oil and gas analytics market.
The continuous adoption of advanced analytics solutions among energy companies has helped the key production. This is a key factor boosting the uptake of oil and gas analytics.
Among the geographies, North America dominated the oil and gas analytics market .The majority of share is held by U.S. owing to the high process rate of oil and gas exploration and production.
Key Topics Covered
2. Executive Summary
3. Global Oil and Gas Analytics Market Overview
4. Oil and Gas Analytics Market Macro Indicator Analysis
5. Global Oil and Gas Analytics Market by Services
6. Global Oil and Gas Analytics Market by Deployment
7. Global Oil and Gas Analytics Market by Application
8. Global Oil and Gas Analytics Market by Region 2018-2024
9. Company Profiles and Competitive Landscape
- Hewlett Packard Enterprise Development LP
- SAS Institute Inc.
- Cisco Systems, Inc.
- Drillinginfo Inc.
For more information about this report visit https://www.researchandmarkets.com/research/8vglhf/the_oil_and_gas?w=4