Albany, NY -- (SBWire) -- 05/21/2019 --Big data offers a wide range of solutions required for processing and analysing enterprise data that are too large for traditional data processing tools to manage. The oil and gas sector generates various types of structured and unstructured data.
Big data solutions are used in the oil and gas sector to provide a faster consolidated view of organisation-wide information. They also help in improving operational performance and maximising profitability.
North America big data market is anticipated to become the dominant region accounting for more than a quarter of total share over the forecast period. Europe is also expected to see substantial demand over the forecast period as the administrative and government sectors increasingly focus on intensifying operational efficiency along with increasing usage. Asia Pacific is expected to be one of the fastest growing markets for big data over the forecast period in light of various developments in emerging economies including India and China which are anticipated to switch to big data for making any kind of strategic decisions.
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In 2018, the global Big Data in the Oil and Gas Sector, market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Big Data in the Oil and Gas Sector, status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Big Data in the Oil and Gas Sector, development in United States, Europe and China.
The key players covered in this study
Accenture
Cisco Systems
CSC
Dell
Deloitte
EMC
Hitachi
HP
IBM
Microsoft
NetApp
Oracle
PwC
SAP
SAS Institute
Splunk
Teradata
Market segment by Type, the product can be split into
Visualization Tools
Seismic Software
Other Digital Technologie
Market segment by Application, split into
The Oil Industry
Natural Gas Industry
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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The study objectives of this report are:
To analyze global Big Data in the Oil and Gas Sector, status, future forecast, growth opportunity, key market and key players.
To present the Big Data in the Oil and Gas Sector, development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Big Data in the Oil and Gas Sector, are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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Global Big Data Energy Market Detailed in New Research Report by Top Most Key Players - Accenture, Cisco Systems, CSC, Dell, Deloitte
Researchmoz include new market research report "Global Big Data in the Oil and Gas Sector, Market Size, Status and Forecast 2019-2025" to its huge collection of research reports.