Oil and Gas Companies Look for High-efficiency Oil and Gas Analytics Amid Falling Crude Prices

Transparency Market
Research
Oil & Gas Analytics Market - Global Industry Analysis, Size,
Share, Growth Trends and Forecast 2016 - 2024
Published Date
1-June-2016
126 Page Report
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Press Release
Oil & Gas Analytics Market to Reach US$35.78 bn by 2024
as Companies Strive to Optimize Operations:TMR
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Oil & Gas Analytics Market
REPORT DESCRIPTION
Oil & Gas Analytics Market - Global Industry Analysis, Size, Share, Growth Trends and Forecast
2016 - 2024
Transparency Market Research has released a new market report titled Oil & Gas Analytics Market - Global
Industry Analysis, Size, Share, Growth Trends and Forecast 2016 - 2024.The report defines and segments
the oil & gas analytics market, providing analysis and forecasts of the global revenue. According to the
report, the global oil & gas analytics market stood at US$6,924.4 Mn in 2015 and is likely to reach
US$35,786.2 Mn by 2024, expanding at a CAGR of 19.3% between 2016 and 2024.
Complete Report with TOC : http://www.transparencymarketresearch.com/oil-gas-analytics-market.html
Analytics services utilized in the oil & gas industry are termed as oil & gas analytics services. Oil & gas
analytics services include software programs, hardware, sensing and monitoring equipment, and others.
Oil & gas analytics services are vital in the present day scenario. Currently, oil & gas players are looking
out for new technologies and processes to cut down production costs and optimize operations to increase
profit margins. Oil & gas analytics services provide best solutions to tackle these challenges that are
currently faced by the oil & gas industry.
Oil & gas analytics services aid in minimizing the risks and improving safety across all the processes in the
oil & gas industry. Oil & gas production output can also be enhanced with the assistance of oil & gas
analytics services. Oil & gas analytics can also be used for assessing risky operations, and preventive
measures can be undertaken to avoid accidents. Oil & gas analytics provides insights into logistics and
supply chain and optimizes processes with integration of data across the entire supply chain. Oil & gas
analytics also aids in monitoring of market sentiment, including potential opportunities, brand health, and
competitor information. Declining oil & gas prices have encouraged adoption of oil & gas analytics services
in the oil & gas industry. Increasing production from unconventional oil & gas resources has also boosted
the adoption of oil & gas analytics services.
The global oil & gas analytics market has been broadly segmented on the basis of application into
upstream, midstream, and downstream.
Upstream application was the largest application segment of the global oil & gas analytics market,
accounting for more than 50% of the global share in 2015. Upstream application segment includes oil &
gas analytics services such as asset maintenance, exploration and production optimization, risk and
Health, Safety & Environment (H&SE) management, drilling optimization, and finance commissioning
assessment. Adoption of oil & gas analytics services in upstream application has increased owing to rising
drilling and production costs and associated risks.
Midstream application accounted for around 20% of the global oil & gas analytics market share in 2015.
Midstream application segment includes oil & gas analytics services such as transportation optimization
(vessels and ships), supply chain management, pipeline risk assessment, and storage optimization.
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Oil & Gas Analytics Market
Downstream application accounted for around 30% of the global oil & gas analytics market share in 2015.
Downstream application segment includes oil & gas analytics services such as refining and separation
processes optimization, 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 downstream application segment is expected to grow at a fast rate
during the forecast period owing to increasing utilization of oil & gas analytics for refining processes and
corporate functions.
The global market for oil & gas analytics has been segmented on the basis of geography into North
America, Europe, Asia Pacific, Middle East & Africa (MEA), and South & Central America. North America
accounted for more than 40% of the global market share in 2015. However, the Middle East and Africa
(MEA) oil & gas analytics market is expected to grow at the fastest rate during the forecast period. Asia
Pacific is anticipated to be the second-fastest growing market for oil & gas analytics services.
Some of the leading companies in the global oil & gas analytics market include SAP SE, Oracle Corporation,
IBM Analytics, Drillinginfo Inc., Accenture Plc, Microsoft Corporation, SAS Institute Inc., Deloitte
Development LLC, KPMG International Cooperative, Teradata Corporation, Capgemini S.A., Hitachi Data
Systems Corporation, Cognizant Technology Solution Corporation, TIBCO Software Inc., and Tableau
Software Inc. The report provides an overview of these companies, followed by their financial revenues (on
availability), business strategies, and recent developments. The global oil & gas analytics market has been
segmented as follows:
Global Oil & Gas Analytics Market: Application Analysis
•
Upstream
•
Midstream
•
Downstream
Global Oil & Gas Analytics Market: Regional Analysis
North America
U.S.
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Oil & Gas Analytics Market
Rest of North America
Europe
France
Germany
U.K.
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
South Africa
Rest of Middle East & Africa
South & Central America
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Oil & Gas Analytics Market
Brazil
Rest of South & Central America
View exclusive Global strategic Business report :
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TABLE OF CONTENT
Table of Content
Chapter 1 Preface
Report Description
Market Segmentation
Research Scope and Methodology
Chapter 2 Executive Summary
Global Oil & Gas Analytics Market: Snapshot
Chapter 3 Global Oil & Gas Analytics Market- Industry Analysis
Introduction
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Oil & Gas Analytics Market
Value Chain Analysis
Market Drivers
Declining crude oil & natural gas prices create need for making oil & gas operations more
economically viable
Growing exploration and production activities in unconventional resources of oil & gas
Increasing need to manage safety and risks in oil & gas industry
Market Restraints
Poor quality of data and resistance toward data integration
Market Opportunities
Demand for analytics is limited in oil & gas industry
Porter’s Five Forces Analysis
Bargaining Power of Suppliers
Bargaining Power of Buyers
Threat from new entrants
Threat of Substitutes
Degree of Competition
Market Attractiveness Analysis of Oil & Gas Analytics Market, by Region 2015
Company Market Share Analysis, Global Oil & Gas Analytics Market, (%) 2014
Chapter 4 Global Oil & Gas Analytics Market – Application Segment Analysis
Global Oil & Gas Analytics Market: Application Segment Overview
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Oil & Gas Analytics Market
Global Oil & Gas Analytics Revenue Share, by Application Segment, 2015 & 2024
Upstream Application Segment
Global Upstream Oil & Gas Analytics Market - Types of Services
Global Upstream Oil & Gas Analytics Market, by Revenue (US$ Mn), 2014–2024
Midstream Application Segment
Global Midstream Oil & Gas Analytics Market - Types of Services
Global Midstream Oil & Gas Analytics Market, by Revenue (US$ Mn), 2014–2024
Downstream Application Segment
Global Downstream Oil & Gas Analytics Market - Types of Services
Global Downstream Oil & Gas Analytics Market, by Revenue (US$ Mn), 2014–2024
Chapter 5 Global Oil & Gas Analytics Market – Regional Segment Analysis
Global Oil & Gas Analytics Market: Regional Segment Overview
North America
North America Oil & Gas Analytics Market, By Revenue, (US$ Mn), 2014–2024
North America Oil & Gas Analytics Market, By Country, By Revenue (US$ Mn), 2014–2024
North America Oil & Gas Analytics Market, By Application, By Revenue (US$ Mn), 2014–2024
U.S. Oil & Gas Analytics Market, By Revenue (US$ Mn), 2014–2024
U.S. Oil & Gas Analytics Market, By Application, By Revenue (US$ Mn), 2014–2024
Rest of North America Oil & Gas Analytics Market, By Revenue (US$ Mn), 2014–2024
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Oil & Gas Analytics Market
Rest of North America Oil & Gas Analytics Market, By Application, By Revenue (US$ Mn), 2014–2024
Europe
Europe Oil & Gas Analytics Market, By Revenue, (US$ Mn), 2014–2024
Europe Oil & Gas Analytics Market, By Country, By Revenue (US$ Mn), 2014–2024
Europe Oil & Gas Analytics Market, By Application, By Revenue (US$ Mn), 2014–2024
France Oil & Gas Analytics Market, By Revenue (US$ Mn), 2014–2024
France Oil & Gas Analytics Market, By Application, By Revenue (US$ Mn), 2014–2024
Germany Oil & Gas Analytics Market, By Revenue (US$ Mn), 2014–2024
Germany Oil & Gas Analytics Market, By Application, By Revenue (US$ Mn), 2014–2024
U.K Oil & Gas Analytics Market, By Revenue (US$ Mn), 2014–2024
U.K Oil & Gas Analytics Market, By Application, By Revenue (US$ Mn), 2014–2024
Rest of Europe Oil & Gas Analytics Market, By Revenue (US$ Mn), 2014–2024
Rest of Europe Oil & Gas Analytics Market, By Application, By Revenue (US$ Mn), 2014–2024
Asia Pacific
Asia Pacific Oil & Gas Analytics Market, By Revenue, (US$ Mn), 2014–2024
Asia Pacific Oil & Gas Analytics Market, By Country, By Revenue (US$ Mn), 2014–2024
Asia Pacific Oil & Gas Analytics Market, By Application, By Revenue (US$ Mn), 2014–2024
China Oil & Gas Analytics Market, By Revenue (US$ Mn), 2014–2024
China Oil & Gas Analytics Market, By Application, By Revenue (US$ Mn), 2014–2024
India Oil & Gas Analytics Market, By Revenue (US$ Mn), 2014–2024
India Oil & Gas Analytics Market, By Application, By Revenue (US$ Mn), 2014–2024
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Oil & Gas Analytics Market
Japan Oil & Gas Analytics Market, By Revenue (US$ Mn), 2014–2024
Japan Oil & Gas Analytics Market, By Application, By Revenue (US$ Mn), 2014–2024
Rest of Asia Pacific Oil & Gas Analytics Market, By Revenue (US$ Mn), 2014–2024
Rest of Asia Pacific Oil & Gas Analytics Market, By Application, By Revenue (US$ Mn), 2014–2024
Middle East and Africa
Middle East and Africa Oil & Gas Analytics Market, By Revenue, (US$ Mn), 2014–2024
Middle East and Africa Oil & Gas Analytics Market, By Country, By Revenue (US$ Mn), 2014–2024
Middle East and Africa Oil & Gas Analytics Market, By Application, By Revenue (US$ Mn), 2014–2024
Saudi Arabia Oil & Gas Analytics Market, By Revenue (US$ Mn), 2014–2024
Saudi Arabia Oil & Gas Analytics Market, By Application, By Revenue (US$ Mn), 2014–2024
UAE Oil & Gas Analytics Market, By Revenue (US$ Mn), 2014–2024
UAE Oil & Gas Analytics Market, By Application, By Revenue (US$ Mn), 2014–2024
South Africa Oil & Gas Analytics Market, By Revenue (US$ Mn), 2014–2024
South Africa Oil & Gas Analytics Market, By Application, By Revenue (US$ Mn), 2014–2024
Rest of Middle East and Africa Oil & Gas Analytics Market, By Revenue (US$ Mn), 2014–2024
Rest of Middle East and Africa Oil & Gas Analytics Market, By Application, By Revenue (US$ Mn),
2014–2024
South and Central America
South and Central America Oil & Gas Analytics Market, By Revenue, (US$ Mn), 2014–2024
South and Central America Oil & Gas Analytics Market, By Country, By Revenue (US$ Mn), 2014–2024
South and Central America Oil & Gas Analytics Market, By Application, By Revenue (US$ Mn), 2014–
2024
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Oil & Gas Analytics Market
Brazil Oil & Gas Analytics Market, By Revenue (US$ Mn), 2014–2024
Brazil Oil & Gas Analytics Market, By Application, By Revenue (US$ Mn), 2014–2024
Rest of South and Central America Oil & Gas Analytics Market, By Revenue (US$ Mn), 2014–2024
Rest of South and Central America Oil & Gas Analytics Market, By Application, By Revenue (US$
Mn), 2014–2024
Chapter 6 Company Profiles
Accenture
Company overview
Financial overview
Business strategy
Recent developments
Capgemini S.A.
Company overview
Financial overview
Business strategy
Recent developments
Cognizant Technology Solution Corporation
Company overview
Financial overview
Business strategy
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Oil & Gas Analytics Market
Recent developments
Deloitte Development LLC.
Company overview
Financial overview
Business strategy
Recent developments
Drillinginfo Inc.
Company overview
Financial overview
Business strategy
Recent developments
Hitachi Data Systems Corporation
Company Overview
Financial overview
Business Strategy
Recent developments
IBM Analytics
Company overview
Financial overview
Business strategy
Recent developments
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Oil & Gas Analytics Market
KPMG International Cooperative
Company overview
Financial overview
Business strategy
Recent developments
Microsoft Corporation Company overview
Financial overview
Business strategy
Recent developments
Oracle Corporation
Company overview
Financial overview
Business strategy
Recent developments
SAP SE
Company overview
Financial overview
Business strategy
Recent developments
SAS Institute Inc.
Company overview
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Oil & Gas Analytics Market
Financial overview
Business strategy
Recent developments
Tableau Software Inc.
Company overview
Financial overview
Business strategy
Recent developments
Teradata Corporation
Company overview
Financial overview
Business strategy
Recent developments
TIBCO Software Inc.
Company overview
Financial overview
Business strategy
Recent developments
Complete Report with TOC : http://www.transparencymarketresearch.com/oil-gas-analytics-market.html
About Us
Transparency Market Research
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Oil & Gas Analytics Market
Transparency Market Research is a market intelligence company providing global business information
reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use
proprietary data sources and various tools and techniques to gather, and analyze information. Our
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sustain a competitive edge.
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Oil and gas companies are moving through a phase that could prove to be highly beneficial to the global oil and gas analytics market. With the current oil prices slump showing very few signs of relief, crude extractors and refineries are looking to resolve their cost issues through optimizing their processes and increasing their production efficiencies. The global oil and gas analytics companies can help crude players do just that; the companies can improve their ROI though making decisions and strategies based on these analytics, says Transparency Market Research. Interpret a Competitive outlook Analysis Report with free PDF Brochure : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=11747 TMR’s new study reveals that the key players in the global oil and gas analytics market are highly oriented towards providing software services.