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Oil and Gas Analytics Market Worth $19.65 Billion by 2019


News provided by

MarketsandMarkets

04 Sep, 2014, 12:30 BST

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DALLAS, September 4, 2014 /PRNewswire/ --

According to new research "Oil and Gas Analytics Market by Software (Upstream, Midstream, and Downstream), by Deployment Model, by Services, and by Regions - Forecasts and Analysis (2014 - 2019)", by MarketsandMarkets defines and divides the computer graphics market into several sub-segments along with a detailed analysis and forecasting of revenues generated from each division. It also provides a detailed insight into the drivers and restraints for the market and identifies the opportunities, challenges and ongoing market trends.

Browse 75 market data tables and 39 figures spread through 139 pages and in-depth TOC on "Oil and Gas Analytics Market- Forecasts and Analysis (2014-2019)"

http://www.marketsandmarkets.com/Market-Reports/oil-and-gas-analytics-market-147668082.html

Early buyers will receive 10% customization on this report. 

Analytics solution for the oil and gas industry helps to gain a holistic view of the operations; helps to keep pace with vibrant markets, customer needs, and regulations. Oil and gas analytics software allows companies to understand the dependencies, objectives and meet the target by analyzing the complete project lifecycle. Moreover, improve operation and enhance productivity, examine supply chain performance and verify the root cause of production loss. These graphics software are being employed by businesses around the world to improve efficiencies of their business processes along with enhancing and innovating product design and features.

The drivers, restraints and opportunities along with the time-impact analysis have been identified in the report. The drivers for this market are listed as global demand for oil and gas, untapped value of big data in oil and gas industry, and asset-intensive oil and gas industry. The restraint for this market is the price volatility in oil and gas market, stringent regulations and compliances over the oil and gas industry, harsh climatic conditions and communication links. Cloud analytics, and evolutions of digital oilfields have been acknowledged as the opportunities in this market. Whereas, depleting oil and gas reserves, aging workforce in the oil and gas industry are the major challenges.

Speak to Analyst:http://www.marketsandmarkets.com/speaktoanalyst.asp?id=147668082

MarketsandMarkets has extensively divided the Oil And Gas Analytics Market by software: software used in upstream, midstream and downstream; by deployment platform: on-premise, and hosted; by services: professional services, integration services, and cloud services; by regions: North America (NA), Europe (EU), Asia Pacific (APAC), Latin America (LA) and Middle-East and Africa (MEA).

The Oil and Gas Analytics Market is estimated to grow from $4.29 billion in 2014 to $19.65 billion in 2019 at a Compound Annual Growth Rate (CAGR) of 35.5% from 2014 to 2019. On geographical grounds, Middle-East and Africa (MEA) is forecasted to be the biggest market for Oil and Gas Analytics Market followed by North America (NA) and Asia Pacific (APAC).

Browse Related Reports 

Utility Analytics Market & Energy Analytics Market (Solar Analytics, Oil & Gas Analytics, Water analytics, Waste analytics): Global Advancements, Business Models, Worldwide Market Forecasts and Analysis (2013 - 2018)
http://www.marketsandmarkets.com/Market-Reports/energy-analytics-utility-market-993.html

Oil and Gas Security Market [by Applications (Exploration and Drilling, Refining and Storage, Pipeline, Transportation and Distribution), by Technologies (Physical Security, Network Security)] - Global Advancements, Forecasts & Analysis (2013 - 2018)

http://www.marketsandmarkets.com/Market-Reports/oil-gas-security-market-1183.html

About MarketsandMarkets 

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza
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Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it

SOURCE MarketsandMarkets

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