Oil & Gas Analytics Market Size, Share, Analysis Report

Oil & Gas Analytics Market By Application (Upstream, Midstream, Downstream) - Global Industry Analysis and Forecast

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

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MARKET SNAPSHOT

Major Players

  • Wave Power Ltd
  • Ocean Power Technologies, Inc
  • Carnegie Wave Energy Ltd
  • Ocean Renewable Power Company LLC
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    19

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    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.
     
    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 restraining 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 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
    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.
     
    REPORT SCOPE: 
    The scope of the report includes a detailed study of global and regional markets Oil & Gas Analytical Market with the reasons given for variations in the growth of the industry in certain regions.
     
    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. 
     
    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
     
    The Oil & Gas Analytics Market has been segmented as below:
     
    By Application Analysis

    Upstream
    Midstream
    Downstream
     
    By Regional Analysis

    North America
    Europe
    Asia-Pacific
    Rest of the World
     
    Reasons to Buy this Report:
     
    1) Obtain the most up to date information available on all Oil & Gas Analytics Market.
    2) Identify growth segments and opportunities in the industry.
    3) Facilitate decision making on the basis of strong historic and forecast of home healthcare market data.
    4) Assess your competitor’s refining portfolio and its evolution.
     
    Customization: 
    We can offer you custom research reports as per client’s special requirements.

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    1    INTRODUCTION    
        1.1    Key Take Aways    
        1.2    Report Description    
        1.3    Markets Covered    
        1.4    Stakeholders    
        1.5    Research Methodology    
            1.5.1    Market Size    
            1.5.2    Market Share    
            1.5.3    Key Data Points From Secondary Sources    
            1.5.4    Key Data Points From Primary Sources
     

     

    2 Research Methodology
      2.1 Market Size Estimation
      2.2 Market Share Estimation
          2.2.1 Key Data Points Taken From Secondary Sources
          2.2.2 Key Data Points from Primary Sources
          2.2.3 Key Industry Insights
          2.2.4 Assumptions

    3 Executive Summary

    4 Premium Insights
      4.1 Attractive Market Opportunities In Oil And Gas Analytics Market
      4.2 Oil and Gas Analytics Market – Top Three Analytics Software Used In Upstream Operations
      4.3 Oil and Gas Analytics Market across Various Regions
      4.4 Oil and Gas Analytics Software Type Market across Various Regions
      4.5 Life Cycle Analysis, By Geography

    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
      6.1 Value Chain Analysis
      6.2 Porter’s Five Forces Analysis
          6.2.1 Threat from New Entrants
          6.2.2 Threat of Substitutes
          6.2.3 Bargaining Power of Suppliers
          6.2.4 Bargaining Power of Buyers
          6.2.5 Intensity of Competitive Rivalry

    7 Oil And Gas Analytics Market, By Software Used In Upstream Operations
      7.1 Introduction
      7.2 Exploration and Drilling Analytics
      7.3 Production Planning and Forecasting Analytics
      7.4 Field Surveillance and Monitoring Analytics
      7.5 Equipment Maintenance Management Analytics  
      7.6 Workforce Management Analytics
      7.7 Asset Performance Analytics

    8 Oil And Gas Analytics, By Software Used In Midstream Operations
      8.1 Introduction
      8.2 Fleet Analytics
      8.3 Pipeline SCADA Analytics
      8.4 Storage Optimization Analytics

    9 Oil and Gas Analytics, By Software Used In Downstream Operations
      9.1 Introduction
      9.2 Pricing Analytics
      9.3 Commodity Trading Analytics
      9.4 Refining Analytics
      9.5 Demand Forecasting Analytics

    10 Oil And Gas Analytics, By Deployment Platform
       10.1 Introduction
       10.2 On-Premise
       10.3 Hosted

    11 Oil And Gas Analytics, By Services
       11.1 Introduction
       11.2 Professional Services
       11.3 Integration Services
       11.4 Cloud Services

    12 Geographical Analysis
       12.1 Introduction
            12.1.1 Oil And Gas Analytics, By Region
       12.2 North America
            12.2.1 Type Market
            12.2.2 Software Market
            12.2.3 Software Used In Upstream Operations Market
            12.2.4 Software Used In Midstream Operations Market
            12.2.5 Software Used In Downstream Operations Market
            12.2.6 Deployment Platform Market
            12.2.7 Services Market
       12.3 Europe
            12.3.1 Type Market
            12.3.2 Software Market
            12.3.3 Software Used In Upstream Operations Market
            12.3.4 Software Used In Midstream Operations Market
            12.3.5 Software Used In Downstream Operations Market
            12.3.6 Deployment Platform Market
            12.3.7 Services Market
       12.4APAC
            12.4.1 Type Market
            12.4.2 Software Market
            12.4.3 Software Used In Upstream Operations Market
            12.4.4 Software Used In Midstream Operations Market
            12.4.5 Software Used In Downstream Operations Market
            12.4.6 Deployment Platform Market
            12.4.7 Services Market
       12.5 MEA
            12.5.1 Type Market
            12.5.2 Software Market
            12.5.3 Software Used In Upstream Operations Market
            12.5.4 Software Used In Midstream Operations Market
            12.5.5 Software Used In Downstream Operations Market
            12.5.6 Deployment Platform Market
            12.5.7 Services Market
       12.6 Latin America
            12.6.1 Type Market
            12.6.2 Software Market
            12.6.3 Software Used In Upstream Operations Market
            12.6.4 Software Used In Midstream Operations Market
            12.6.5 Software Used In Downstream Operations Market
            12.6.6 Deployment Platform Market
            12.6.7 Services Market

    13 Competitive Landscape
       13.1 Overview
       13.2 Market Share Analysis, Oil and Gas Analytics Market
       13.3 Competitive Situation and Trends
            13.3.1 New Product Launches
            13.3.2 Agreements, Partnerships, Collaborations, & Joint Ventures
            13.3.3 Mergers and Acquisitions

    The Oil & Gas Analytics Market has been segmented as below:
     
    By Application Analysis

    Upstream
    Midstream
    Downstream
     
    By Regional Analysis

    North America
    Europe
    Asia-Pacific
    Rest of the World

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    The market is expected to grow at a CAGR of 25% during the study period (2022-2027)
    The segment included in Oil & Gas Analytics Market is Application and region.
    Some key players operating in the Oil & Gas Analytics Market 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
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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