Oil & Gas Analytics Software Market By Operation (Upstream, Midstream, Downstream), By Deployment Type (On-premise, Hosted) - Growth, Share, Opportunities & Competitive Analysis, 2018 – 2026
"Oil & Gas Companies Relying on Data Analytics in Order to Generate Growth"
The oil & gas analytics software market was valued at US$ 2.34 Bn in 2017 and expected to be growing at a compounded annual growth rate (CAGR) of 17.5% from 2018 to 2026. Just like other industries, the oil and gas industry needs to understand how big data can be optimally used and what applications are possible. Data will continue to be a booming business considering the fact that C-level executives are focusing on recognizing the value of data and trend like real-time analytics gaining in prominence. As per recent findings, an increasing number of oil and gas companies are relying on data analytics in order to generate growth. The benefit of data analytics software is evident from the fact that oil & gas companies adopting it are outpacing its peers. These companies are focusing on how to efficiently utilize data and using it in a greater number of ways in order to create value for the business. Moreover, it also helps oil & gas companies to understand various parameters such as market demand and regulation existing in the field. These software caters to the need of upstream, midstream and downstream applications. It helps a great deal to enhance the productivity by improvising operations and at the same time find out the core reason for production loss. Therefore, a huge amount of data can be analyzed by using these analytics software and the market expected to witness a significant growth during the forecast period.
"Generation of Humongous Data by Companies Aiding the Oil & Gas Analytics Software Market Growth"
Increase in data volume generated across the oil & gas industry is one of the most prominent factor aiding the oil & gas analytics software market growth. Moreover, the fact that the methods to collect a wide range of data types have also improved over the years is further complimenting towards market growth. Companies usually have access to a large amount and variety of data. There has been an increasing focus on the part of oil & gas companies on how to efficiently utilize these data and improve the business processes and at the same time identify or estimate future trends. Moreover, oil & gas companies are also adopting analytics software considering the fact that it is helpful in reducing costs. In addition, the oil & gas analytics software market growth expected to be positively influenced as a result of a large number of companies adopting it to expand market reach and attain enhanced customer experience. However, despite the numerous benefits offered by data analytics software, it introduces challenges that businesses cannot ignore. One of the challenges being, businesses required to comply with legal and regulatory regulations when indulging analysis of data. Moreover, data privacy and ownership are other major factors influencing the large-scale implementation of oil & gas analytics software.
"Technological Advancements in Big Data & Analytics Solutions"
With data occupying the center stage in terms of most prized asset for an organization, the vendors in the oil & gas analytics software market are utilizing technologies such as big data in order to derive meaningful insights from data. Data such as seismic, drilling logs, operational parameters such as drill bit RPMs and weight on bit, frack performance data and production rates when integrated with advanced big data technologies can be a source of profitable revenue earner. The advent of the Big Data has made companies realize how important a role data can play for the development of their businesses. Thus, with increasing amount of data awareness, the popularity of big data has increased across the oil & gas industry.
"Upsurge in the Exploration and Production of Unconventional Oil and Shale Gas in North America Supporting Market Growth"
North America represents the largest regional market for oil & gas analytics software worldwide. The value share of North America in the global oil & gas analytics software market stood at more than 35% in the year 2017. High progress rate in oil and gas exploration and production in the region is one of the most prominent factors contributing to the increasing adoption of oil & gas analytics software. In recent years, the region has witnessed an upsurge in the exploration and production of unconventional oil and shale gas. Moreover, few years back North America was severely hit by the oil price slump, a factor further leading to the increasing implementation of analytics software.
Historical & Forecast Period
This research report presents the analysis of each segment from 2016 to 2026 considering 2017 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments are calculated for the forecast period from 2018 to 2026.
Key players profiled in the report include Hitachi, Hewlett-Packard, IBM, Oracle, Northwest Analytics, SAS Institute, SAP AG, Tibco Software, Teradata and Cisco Systems among others.
Key questions answered in this report
- What was the global oil & gas analytics software market size in 2017 and forecast for 2026?
- What are the current trends in the oil & gas analytics software market?
- What are the various valuable opportunities for the players in the market?
- Which is the largest regional market for oil & gas analytics software?
- Which region expected to be the fastest growing and why?
- What are the future prospects for the oil & gas analytics software market?
- What are the major drivers and restraints influencing the market growth?
- What are the key strategies adopted by the leading players in market?
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global OGAS Market
2.2 Global OGAS Market, By Operation, 2017
2.3 Global OGAS Market, By Deployment Type, 2017
2.4 Global OGAS Market, By Geography, 2017
Chapter 3 Market Dynamics
3.1 Market Overview
3.1.1 Global OGAS Market Value, 2016 – 2026, (US$ Bn)
3.2 Market Drivers
3.3 Market Restraints
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends and Future Outlook
3.5 Attractive Investment Proposition, By Geography
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Vendors
3.6.2 Key Strategies Adopted by the Leading Players
Chapter 4 Global Oil & Gas Analytics Software (OGAS) Market Analysis, By Operation, 2016 – 2026
4.1 Market Analysis
4.2 Upstream
4.2.1 Exploration and Drilling Analytics
4.2.2 Production Planning and Forecasting Analytics
4.2.3 Field Surveillance and Monitoring Analytics
4.2.4 Equipment Maintenance Management Analytics
4.2.5 Workforce Management Analytics
4.2.6 Asset Performance Analytics
4.3 Midstream
4.3.1 Fleet Analytics
4.3.2 Pipeline SCADA Analytics
4.3.3 Storage Optimization Analytics
4.4 Downstream
4.4.1 Pricing Analytics
4.4.2 Commodity Trading Analytics
4.4.3 Refining Analytics
4.4.4 Demand Forecasting Analytics
Chapter 5 Global Oil & Gas Analytics Software (OGAS) Market Analysis, By Deployment Type, 2016 – 2026
5.1 Market Analysis
5.2 On-premise
5.3 Hosted
Chapter 6 North America Oil & Gas Analytics Software (OGAS) Market Analysis, 2016 – 2026
6.1 Overview
6.2 North America OGAS Market Analysis, By Operation, 2016 – 2026
6.2.1 Market Analysis
6.3 North America OGAS Market Analysis, By Deployment Type, 2016 – 2026
6.3.1 Market Analysis
6.4 North America OGAS Market Analysis, By Country, 2016 – 2026
6.4.1 U.S.
6.4.2 Canada
Chapter 7 Europe Oil & Gas Analytics Software (OGAS) Market Analysis, 2016 – 2026
7.1 Overview
7.2 Europe OGAS Market Analysis, By Operation, 2016 – 2026
7.2.1 Market Analysis
7.3 Europe OGAS Market Analysis, By Deployment Type, 2016 – 2026
7.3.1 Market Analysis
7.4 Europe OGAS Market Analysis, By Country/Region, 2016 – 2026
7.4.1 U.K.
7.4.2 Germany
7.4.3 France
7.4.4 Rest of Europe
Chapter 8 Asia Pacific Oil & Gas Analytics Software (OGAS) Market Analysis, 2016 – 2026
8.1 Overview
8.2 Asia Pacific OGAS Market Analysis, By Operation, 2016 – 2026
8.2.1 Market Analysis
8.3 Asia Pacific OGAS Market Analysis, By Deployment Type, 2016 – 2026
8.3.1 Market Analysis
8.4 Asia Pacific OGAS Market Analysis, By Country/Region, 2014 – 2024
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
Chapter 9 Rest of the World Oil & Gas Analytics Software (OGAS) Market Analysis, 2016 – 2026
9.1 Overview
9.2 Rest of the World OGAS Market Analysis, By Operation, 2016 – 2026
9.2.1 Market Analysis
9.3 Rest of the World OGAS Market Analysis, By Deployment Type, 2016 – 2026
9.3.1 Market Analysis
9.4 Rest of the World OGAS Market Analysis, By Region, 2014 – 2024
9.4.1 Latin America
9.4.2 Middle East & Africa
Chapter 10 Company Profiles
10.1 Hitachi
10.2 Hewlett-Packard
10.3 IBM
10.4 Oracle
10.5 Northwest Analytics
10.6 SAS Institute
10.7 SAP AG
10.8 Tibco Software
10.9 Teradata
10.10 Cisco Systems
* OGAS - Oil & Gas Analytics Software
TABLE 1 Market Snapshot: Global Oil & Gas Analytics Software (OGAS) Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America OGAS Market Value, By Operation, 2016 – 2026 (US$ Bn)
TABLE 5 North America OGAS Market Value, By Deployment Type, 2016 – 2026 (US$ Bn)
TABLE 6 North America OGAS Market Value, By Country, 2016 – 2026 (US$ Bn)
TABLE 7 Europe OGAS Market Value, By Operation, 2016 – 2026 (US$ Bn)
TABLE 8 Europe OGAS Market Value, By Deployment Type, 2016 – 2026 (US$ Bn)
TABLE 9 Europe OGAS Market Value, By Country/Region, 2016 – 2026 (US$ Bn)
TABLE 10 Asia Pacific OGAS Market Value, By Operation, 2016 – 2026 (US$ Bn)
TABLE 11 Asia Pacific OGAS Market Value, By Deployment Type, 2016 – 2026 (US$ Bn)
TABLE 12 Asia Pacific OGAS Market Value, By Country/Region, 2016 – 2026 (US$ Bn)
TABLE 13 RoW OGAS Market Value, By Operation, 2016 – 2026 (US$ Bn)
TABLE 14 RoW OGAS Market Value, By Deployment Type, 2016 – 2026 (US$ Bn)
TABLE 15 RoW OGAS Market Value, By Country/Region, 2016 – 2026 (US$ Bn)
TABLE 16 Hitachi: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 17 Hewlett-Packard: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 18 IBM: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 19 Oracle: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 20 Northwest Analytics: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 21 SAS Institute: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 22 SAP AG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 23 Tibco Software: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 24 Teradata: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 25 Cisco Systems: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
FIG. 1 Global Oil & Gas Analytics Software (OGAS) Market Segmentation
FIG. 2 Global OGAS Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global OGAS Market, By Operation, 2017 (US$ Bn)
FIG. 5 Global OGAS Market, By Deployment Type, 2017 (US$ Bn)
FIG. 6 Global OGAS Market, By Geography, 2017 (US$ Bn)
FIG. 7 Global OGAS Market Value, 2016 – 2026, (US$ Bn)
FIG. 8 Attractive Investment Proposition, by Geography
FIG. 9 Market Positioning of Key Oil & Gas Analytics Players, 2017
FIG. 10 Global OGAS Market Value Contribution, By Operation, 2017 & 2026 (%)
FIG. 11 Global OGAS Market Value from Upstream, 2016 – 2026, (US$ Bn)
FIG. 12 Global OGAS Market Value from Exploration and Drilling Analytics, 2016 – 2026, (US$ Bn)
FIG. 11 Global OGAS Market Value from Production Planning and Forecasting Analytics, 2016 – 2026, (US$ Bn)
FIG. 12 Global OGAS Market Value from Field Surveillance and Monitoring Analytics, 2016 – 2026, (US$ Bn)
FIG. 13 Global OGAS Market Value from Equipment Maintenance Management Analytics, 2016 – 2026, (US$ Bn)
FIG. 14 Global OGAS Market Value from Workforce Management Analytics, 2016 – 2026, (US$ Bn)
FIG. 15 Global OGAS Market Value from Asset Performance Analytics, 2016 – 2026, (US$ Bn)
FIG. 16 Global OGAS Market Value from Midstream, 2016 – 2026, (US$ Bn)
FIG. 17 Global OGAS Market Value from Fleet Analytics, 2016 – 2026, (US$ Bn)
FIG. 18 Global OGAS Market Value from Pipeline SCADA Analytics, 2016 – 2026, (US$ Bn)
FIG. 19 Global OGAS Market Value from Storage Optimization Analytics, 2016 – 2026, (US$ Bn)
FIG. 20 Global OGAS Market Value from Downstream, 2016 – 2026, (US$ Bn)
FIG. 21 Global OGAS Market Value from Pricing Analytics, 2016 – 2026, (US$ Bn)
FIG. 22 Global OGAS Market Value from Commodity Trading Analytics, 2016 – 2026, (US$ Bn)
FIG. 23 Global OGAS Market Value from Refining Analytics, 2016 – 2026, (US$ Bn)
FIG. 24 Global OGAS Market Value from Demand Forecasting Analytics, 2016 – 2026, (US$ Bn)
FIG. 25 Global OGAS Market Value Contribution, By Deployment Type, 2017 & 2026 (%)
FIG. 26 Global OGAS Market Value from On-premise, 2016 – 2026, (US$ Bn)
FIG. 27 Global OGAS Market Value from Hosted, 2016 – 2026, (US$ Bn)
FIG. 28 North America OGAS Market Value, 2016 – 2026, (US$ Bn)
FIG. 29 Europe OGAS Market Value, 2016 – 2026, (US$ Bn)
FIG. 30 Asia Pacific OGAS Market Value, 2016 – 2026, (US$ Bn)
FIG. 31 RoW OGAS Market Value, 2016 – 2026, (US$ Bn)
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