ReleaseWire

Smart Oilfield IT Services 2017 Global Market Expected to Grow at CAGR 5.93% and Forecast to 2021

The analysts forecast the global smart oilfield IT services market to grow at a CAGR of 5.93% over the period 2014-2019.

Posted: Friday, December 01, 2017 at 7:56 AM CST

New York, NY -- (SBWire) -- 12/01/2017 --Global Smart Oilfield IT Services Market

Description

WiseGuyReports.Com adds" Global Smart Oilfield IT Services Market 2015-2019 "Research To Its Database.

With the presence of volatile market conditions, global energy requirements are continuing to rise, creating challenging competitive environment for companies in the O&G sector. Forecasting and budgeting have become extremely difficult in the face of ongoing price volatility and many other uncertainties in the oil sector. The challenging environment has forced companies to look for innovative, upstream oil technologies. Furthermore, the volume and detail of data generated in exploration and production need to be put into better use so that the O&G companies can gain value from the same and act upon the insights generated by data produced during exploration and production.

Smart oilfield services comprise IT services, including IT consulting, business consulting, integrating services, and outsourcing services. The implementation of these services enables companies to increase production, improve recovery rates, and cut capital and operating expenses. In addition, the time-to-value also gets enhanced with the implementation of these services.

The analysts forecast the global smart oilfield IT services market to grow at a CAGR of 5.93% over the period 2014-2019.

Covered in this Report
The global smart oilfield IT services market is segmented on the basis of geography.

The Global Smart Oilfield IT Services Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.

 

Get sample Report @  https://www.wiseguyreports.com/sample-request/59941-global-smart-oilfield-it-services-market-2015-2019

 

Key Vendors
- Accenture
- IBM
- Tata Consultancy Services
- Wipro

Other Prominent Vendors
- Capgemini
- CGI
- Cisco
- Deolitte
- EDS
- EMC
- Energistics
- Huabei
- Infosys
- KPMG
- L&T Infotech
- Microsoft
- PwC
- SAS
- Schlumberger
- TCS
- TechMahindra
- Wipro

Market Driver
- Cost Reduction
- For a full, detailed list, view our report

Market Challenge
- Security Concerns
- For a full, detailed list, view our report

Market Trend
- Big Data Analytics
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

 

Enquiry About Report @ https://www.wiseguyreports.com/enquiry/59941-global-smart-oilfield-it-services-market-2015-2019

 

Table of Contents -Major Key Points

Executive Summary 
List of Abbreviations 
Scope of the Report
03.1 Market Overview
03.2 Services Offerings
Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
Introduction 
Market Landscape
06.1 Situation Overview
06.1.1 Introduction to Digital Oil Field
06.1.2 Market Size and Forecast
06.2 Five Forces Analysis
Impact of Government Regulations on Oil and Gas Drilling Sector
07.1 Example
Geographical Segmentation
08.1 Global Smart Oilfield IT Services Market by Geographical Segmentation 2014
Buying Criteria 
Market Growth Drivers
Drivers and their Impact 
Market Challenges 
Impact of Drivers and Challenges 
Market Trends 
Trends and their Impact 
………..CONTINUED