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PDF Oil And Gas Analytics Market .pdf



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Oil And Gas Analytics Market – Global Industry Analysis Report,
Share, Size, Growth, Price Trends and Forecast 2016 – 2024
The report on “Oil And Gas Analytics Market Size By Deployment (On Premise,
Hosted), By Service (Professional, Cloud, Integration), By Application
(Upstream [Exploration and Drilling, Field Surveillance and Monitoring,
Production Planning and Forecasting], Midstream [Pipeline SCADA, Fleet,
Storage Optimization], Downstream [Commodity Trading, Demand Forecasting,
Pricing, Refining]), Industry Analysis Report, Regional Outlook (U.S., Norway,
UK, France, Italy, China, India, Brazil, Venezuela), Price Trends, Growth
Potential, Competitive Market Share & Forecast, 2016 – 2024””, Oil and Gas
Analytics market size estimated at USD 4 billion in 2015, is expected to be driven by
its wide applications in exploration & drilling, storage optimization, asset performance,
refining, and fleet.

Moreover, rise in the number of oil and gas exploration activities across the globe will boost
the global market trends over the coming years. Furthermore, the growing popularity of digital
technology among the oil & gas firms has enhanced the workforce & cost efficiency and this
in turn has fueled the oil& gas analytics industry size. Oil and gas analytics market growth is
expected to be catalyzed by the firms which are expanding their refining capacities to fulfill the
heavy demand for petroleum. For instance, ExxonMobil has decided to expand the refining
capacity of its refinery at Texas in U.S. to 40,000 barrels by 2018. As per Global Market
Insights, Inc., research study “Oil and Gas Analytics Industry share is expected to hit USD 21
billion by 2024.”
Oil and gas analytics help the industries in real-time decision making process, improves
productivity, and minimizes operation costs. It also assists the industries in finding the root
cause of the production loss through data analysis. Furthermore, the availability of huge
volumes of data in oil & gas industry is expected to boost the oil and gas analytics industry
size over the coming seven years. In addition to this, oil & gas analytics market share will also
witness a considerable surge, owing to the high drilling as well as lower crude oil costs globally.
Hosted oil & gas analytics market is projected to gain significant popularity over 20162024

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Taking into consideration the deployment trends, oil and gas analytics are installed via on
premise and hosted deployments. On premise oil & gas analytics deployment industry size is
expected to witness a substantial growth over the next few years. Hosted deployment will grow
at a rate of 20% over the coming seven years, driven by increased productivity and cost
efficiency. Bakken Shale exploration & production unit has deployed hosting for oil & gas
sector.

Oil and gas analytics market research report includes in-depth coverage of the
industry with estimates & forecast in terms of revenue in USD million from 2013 to
2024, for the following segments:
Global Oil And Gas Analytics Market By Deployment



On-Premise
Hosted

Global Oil And Gas Analytics Market By Services




Professional
Cloud
Integration

Global Oil And Gas Analytics Market By Application


Upstream
o Exploration and Drilling Analytics
o Field Surveillance and Monitoring Analytics
o Production Planning and Forecasting Analytics
o Equipment Maintenance Management Analytics

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Asset Performance Analytics
Workforce Management Analytics
Midstream
o Pipeline SCADA Analytics
o Fleet Analytics
o Storage Optimization Analytics
o
o



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