Oil And Gas Data Management Market Technology market explores new international markets
Data management is a consolidated approach that is used to obtain, store, analyze, aggregate, and deploy various types of structured and unstructured upstream data for strategy formulation, support operations, and decision making by various business domains.
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The oil & gas industry implements data management solutions to restructure bulk quantity of data generated for various operations such as real-time down-hole drilling, reservoir performance, minimizing downtime, enhancing recovery, and ensuring higher safety, and others. Data management solutions are used by oil and gas companies to enhance their production capabilities and reduce operational costs to gain a competitive edge in the market.
The global oil and gas data management market is segmented on the basis of type and geography. Based on type, the market is subsegmented into data analysis, IT infrastructure, and services.
Furthermore, the IT infrastructure segment dominated the global oil and gas data management market in 2015, owing to various factors such as deployment of advanced networking and computing systems by end users, especially in the developing markets. The geographical analysis of the global oil and gas data management market is based on four regions, namely North America, Europe, Asia-Pacific, and LAMEA.
The Asia-Pacific region is expected to register the highest CAGR of over 15% due to the factors such as digital transformation in oil and gas companies operating in the region.
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Prominent companies operating in this industry have adopted product launch, partnership, geographical expansion, and acquisition strategies to facilitate business growth and expand in the untapped regions. The key players profiled in the report are EMC Corporation, Cisco Systems, Inc., Hitachi, Ltd., NetApp, Inc., Hewlett-Packard Enterprise Company, SAP SE, Infosys Limited, Wipro Limited, Oracle Corporation, and IBM Corporation.
Table of Content:
SECTION 1 EXECUTIVE SUMMARY
1.1. KEY FINDINGS
1.2. MARKET ATTRACTIVENESS AND TREND ANALYSIS
1.3. COMPETITIVE LANDSCAPE AND RECENT INDUSTRY DEVELOPMENT ANALYSIS
SECTION 2 INTRODUCTION
2.1. REPORT DESCRIPTION
2.2. SCOPE AND DEFINITIONS
2.3. RESEARCH METHODOLOGY
SECTION 3 MARKET LANDSCAPE
3.1. GROWTH DRIVERS
3.1.1. Enhancement of performance and operational efficiency in long run
3.1.2. Growing adoption of predictive and real-time analytical tools and solutions in Oil & Gas industry
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