"Actionable Insights to Fuel Your Growth"

Oil and Gas Analytics Market Size, Share and Global Trend By Services(Professional, Integration, Cloud), By Deployment Platform(On Premise & Hosted), By Application(Upstream, Midstream, Downstream), and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI100435 | Status : Ongoing

 

KEY MARKET INSIGHTS

Introducing new technologies and identifying the root cause which stands as a barrier in obtaining good profits, are the two important factors for any company to grow. As companies involved in exploration, supply chain and delivery of hydrocarbons want solutions to avoid the operational and maintenance cost. Oil and gas analytics provide solutions based on the history and recent trends which helps in reducing errors and increasing efficiency. Analytics also helps in integrating the workforce and data which can be accessed to predict further actions to be taken.


On the basis of their services, the oil and gas analytics market can be segmented into professional, integration and cloud services. On the basis of the deployment platform, global oil and gas analytics can be segmented into on-premise and hosted. Hosted analytics has grown in recent years as compared to on-premise. On the basis of its application, oil and gas analytics market can be segmented into upstream, downstream and downstream. Oil and gas analytics have been most used in upstream applications that involve exploration activities.

To gain extensive insights into the market, Request for Customization


The major market driver for the Global Oil and Gas Analytics Market is the ever increasing demand for energy all over the world. Lowering of the crude oil price in recent years has also helped the oil and gas analytics market to grow. Companies aiming to reduce the operation and maintenance cost take the help of analytics which also acts as a market driver for the oil and gas analytics market.

The factor which stands as a restraint for the global oil and gas analytics market is the volatility in the price of crude oil which is unpredictable. Also, the stringent regulations and compliances over the oil and gas industry act as market restraint for global oil and gas analytics market.

KEY PLAYERS COVERED


Some of the major companies that are present in the market for oil and gas analytics are Accenture, KPMG, IBM, Infosys, L&T InfoTech(LTI), TCS, Tech Mahindra, Wipro, Capgemini, EY, CGI, Deloitte, PwC, Rolta, TIBCO, and SAS.

SEGMENTATION


























 Segmentation

 Details

By Services

·      Professional

·      Integration

·      Cloud

By Deployment Platform

·      On Premise

·      Hosted

By Application

·      Upstream

·      Midstream

·      Downstream

By Geography

·      North America (The USA and Canada)

·      Europe (UK, Germany, France, Russia, Italy and Rest of Europe)

·      Asia Pacific (China, Japan, Korea India, and Southeast Asia)

·      Latin America (Brazil, Argentina, Mexico and Rest of Latin America America)

·      Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

REGIONAL ANALYSIS


The global oil and gas analytics market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Middle East region is rich in oil deposits and oil and gas analytics finds a huge opportunity in this region. The USA has the maximum strategic oil storage reserves, and now it is involved in exporting these strategic reserves to other countries. This requires a good analytical study, therefore, the oil and gas analytical market is expected to grow in this region. In Europe countries like the UK, France, Italy, Germany, and Russia are the leaders in oil and gas analytics market. In the Asia Pacific as the energy demand is increasing mainly in countries like China and Japan and India, Asia Pacific Region is set to see a growth in oil and gas analytics market in the coming years.

KEY INDUSTRY DEVELOPMENTS



  • In April 2019, Universal mCloud announced about its acquisitions of Fulcrum Automation Technologies and Autopro Automation which will help oil and gas providers all over the world use AI and analytics to tap into large volumes of data in the cloud at a fraction of current IT costs.

  • In April 2019, Mi4 corporation became the first oil and gas software company to have a Power BI application featured in Microsoft’s Power BI App Source marketplace. This will allow oil and gas companies to capture and analyze field data efficiently.

  • In April 2019, KnowledgeNet a software from Tunisia based operation objects, which is used to extract, clean, transform, and analyze operational and manufacturing data was acquired by Emerson.





Key Questions Answer REQUEST SAMPLE
Why to Choose Fortune Business Insights SPEAK TO ANALYST
Oil and Gas Analytics Market Report
  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Energy & Power Clients
Schlumberger
Itic
Nikon
Abb
Ntt
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X