There are several drivers, restraints and opportunities shaping the future of cloud application in oil and gas industry. Adoption rate of cloud across oil and gas industry, which is continuously accelerating is expected to drive the market in years to come. In addition, the rising need for cost optimization also fosters the market growth. However, rising concerns over data security raised by several enterprises active in the oil and gas sector has hindered the market growth. On the other hand, the rising demands in regions such as North America and Europe would create greater opportunities for the market.
The world oil and gas cloud applications market is segmented by solution, deployment model, end-customers and geography. The deployment model covered in the market research report consists of hybrid, private and public. Solution type discussed during the study are CRM, ERP, HCM, project management, data analytics and others. Major end-customers served by the oil and gas cloud- based applications include small and medium business enterprises and large enterprises. On the basis of geography, the market is segmented into North America, Asia-Pacific, Europe, and LAMEA. Key players discussed in the report includes Tableau Software, Oracle, IBM, Microsoft Corporation among others.
KEY BENEFITS FOR STAKEHOLDERS
Comprehensive analysis of the current and future trends in the world oil and gas cloud applications market have been provided in this report
The report provides a competitive scenario of the world oil and gas cloud applications market with current and future growth trends, structure, driving factors, scope, opportunities and challenges
The report includes a comprehensive analysis of market segments to provide insights on the market dynamics
Porters Five Forces analysis highlights the potential of buyers and suppliers as well as provides insights on the competitive structure of the market to devise effective growth strategies and facilitate better decision-making
Value chain analysis provides key inputs on the role of stakeholders involved at various stages of the value chain
SWOT analysis of the key market players highlights their strengths and weaknesses along with potential opportunities present in the market
OIL AND GAS CLOUD APPLICATION MARKET KEY SEGMENTS
Oil and Gas Cloud Applications Market By Deployment Model
Hybrid
Private
Public
Oil and Gas Cloud Applications Market By Solution
ERP (Enterprise Resource Planning)
HCM (Human Capital Management)
CRM (Customer Relationship Management)
Project Management
Data Analytics
Others
Oil and Gas Cloud Applications Market By End-Customers
Small & Medium Business Enterprises
Large Enterprises
Oil and Gas Cloud Applications Market By Geography
North America
Europe
Asia Pacific
LAMEA
KEY MARKET PLAYERS
Oracle Corporation
Microsoft Corporation
Tableau Software
SAP SE
Capgemini S.A.
Accenture PLC
Citrix Systems
Hewlett-Packard Company
Cisco Systems Inc.
IBM Corporation
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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