Dublin, Aug. 22, 2023 (GLOBE NEWSWIRE) -- The "Global Big Data in the Oil and Gas Sector Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.
The market is projected to witness significant growth during 2022-2027, with a staggering CAGR of 22.47%. This report offers a comprehensive analysis of the market size, trends, growth drivers, and challenges, as well as a vendor analysis covering around 25 industry-leading vendors.
Key Highlights:
- Projected growth of USD 14,192.72 mn during 2022-2027, with a CAGR of 22.47%
- Holistic analysis, market size, and forecast provided, with an in-depth study of the current market scenario, trends, and drivers
- The market is driven by:
- Growing need to optimize production in the oil and gas sector
- Increasing exploration activities in the oil and gas industry
- Rising health, safety, and environmental concerns
Segmentation:
- Application:
- Upstream
- Midstream
- Downstream
- Type:
- Services
- Software
- Geographical Landscape:
- North America
- APAC
- Middle East and Africa
- Europe
- South America
Reasons to Purchase:
- Growing demand for big data solutions in the oil and gas sector for efficient production optimization
- Increased exploration activities in the industry, leading to higher adoption of big data analytics
- Rising awareness about health, safety, and environmental concerns driving the demand for data-driven solutions
- Adoption of blockchain solutions to enhance big data security
- Utilization of big data by AI and ML tools for better insights and decision-making
- Rising popularity of oil and gas IoT data, adding value to big data analytics
The report includes an in-depth vendor analysis, showcasing prominent market players like Accenture Plc, Alphabet Inc., Altair Engineering Inc., Alteryx Inc., Amazon.com Inc., BigPanda Inc., and others.
This report presents a comprehensive view of the market, incorporating insights from primary and secondary sources. It covers a detailed analysis of key parameters such as profit, pricing, competition, and promotions.
To leverage forthcoming growth opportunities, companies can strategize and enhance their market position using the valuable information on upcoming trends and challenges in the report.
A selection of Companies mentioned in this report includes
- Accenture Plc
- Alphabet Inc.
- Altair Engineering Inc.
- Alteryx Inc.
- Amazon.com Inc.
- BigPanda Inc.
- Capgemini Service SAS
- Cloudera Inc.
- Datameer Inc.
- Dell Technologies Inc.
- DXC Technology Co.
- General Electric Co.
- HCL Technologies Ltd.
- Hewlett Packard Enterprise Co.
- International Business Machines Corp.
- Microsoft Corp.
- Oracle Corp.
- Quorum Business Solutions Inc.
- SAP SE
- Hitachi Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/ifdk5e
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
