Global Oil and Gas Cloud Applications Market is expected to reach USD 6.02 Billion by 2025, from USD 4.09 Billion in 2017 growing at a CAGR of 9.9% during the forecast period of 2018 to 2025
Pune, India -- (SBWIRE) -- 06/20/2018 --
Global Oil and Gas Cloud Applications Market Report is a compilation of the several factors driving and restraining this market along with a thorough run-down of the sales volume of each product within carefully categorized sub-segments of the market
Global Oil and Gas Cloud Applications Market, By Application Type (Customer Relationship Management, Enterprise Content Management and Collaboration, Enterprise Resource Planning, Supply Chain Management, Human Capital Management, Data Analytics, Project and Portfolio Management, Governance, Risk), By Major Sector, By Deployment Model, By Organization Size, By Business Function, By Geography– Industry Trends and Forecast to 2025
Oil and gas sector deals with a large volume of data, which is very sensitive and play a major part in the national income of many countries. The oil and gas industry use various technologies to improve operational and infrastructural costs, which include usage of cloud technologies profusely. Now days all oil and gas companies' produces large unstructured data that needs to be piled together. Oil and gas companies require access to real-time data from oil fields and drilling platforms, so that workers can team up and comprehend the data to make them informed regarding production decisions.
Market Analysis
The Global Oil and Gas Cloud Applications Market is expected to reach USD 6.02 Billion by 2025, from USD 4.09 Billion in 2017 growing at a CAGR of 9.9% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2018 to 2025.
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Market Segmentation: Global Oil and Gas Cloud Applications Market
The global oil and gas cloud applications market is segmented into application, major sector, deployment model, organization size, business function and by geography.
Based on application, the global oil and gas cloud applications market is segmented into
customer relationship management, enterprise content management and collaboration, enterprise resource planning,
- supply chain management,
- human capital management,
- data analytics,
- project and portfolio management,
- governance,
- risk, & compliance
On the basis of major sector, the global oil and gas cloud applications market is segmented into
- upstream,
- midstream,
- downstream
On the basis of deployment model, the global oil and gas cloud applications market is segmented into
- public cloud,
- private cloud and
- hybrid cloud
On the basis of organization size, the global oil and gas cloud applications market is segmented into
- small and medium-sized enterprises and
- large enterprises
On the basis of business function, the global oil and gas cloud applications market is segmented into
- marketing,
- sales,
- finance,
- operations
Based on geography, the global oil and gas cloud applications market report covers data points for 28 countries across multiple geographies namely
- north America & south America,
- Europe,
- Asia-Pacific And,
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
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TABLE OF CONTENTS
- Introduction
- MARKET SEGMENTATION
- Market Overview
- Drivers
- Restraints
- OPPORTUNITIES
- CHALLENGES
- EXECUTIVE SUMMARY
- premium insights
- Global Oil and Gas Cloud Applications Market, by Type
- Global Oil and Gas Cloud Applications Market, by Major Sector
- Global Oil and Gas Cloud Applications Market, By Deployment Model
- Global Oil and Gas Cloud Applications Market, by geography
- Overview
- North America
- Europe
- Asia-Pacific
- south America
- Middle East and Africa
- Global Oil and Gas Cloud Applications Market, Competitive Analysis
- company profiles
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Major Market Drivers & Restraints
- Nature of operations in the oil and gas industry is complex
- Competition between companies to adopt cost-effective cloud solutions
- Evolution of new technologies increased the growth of cloud applications
- Data security concerns are increased
- Government regulations and compliance challenges
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Top Competitors of Market: Global Oil and Gas Cloud Applications Market
- Microsoft,
- Capgemini
- IBM,
- Oracle,
- SAP SE,
- Microsoft,
- SAS Institute Inc,
- Hewlett Packard Enterprise Development LP,
- TIBCO Software Inc.,
- TABLEAU SOFTWARE.,
- Seven Lakes Technologies.,
- PetroCloud,
- LLC,
- Accenture
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Competitive Analysis: Global Oil and Gas Cloud Applications Market
The global oil and gas cloud applications market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of oil and gas cloud applications market for global, Europe, North America, Asia pacific and South America.
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