Oil and Gas Cloud Applications Market by Type of Application (CRM, ECM and Collaboration, ERP, GRC, Data Analytics, HCM, PPM, SCM), Major Sector (Upstream, Midstream, Downstream), Deployment Model, Business Function - Global Forecast to 2022

  • ID: 4432204
  • Report
  • Region: Global
  • 144 Pages
  • Markets and Markets
1 of 6
Oil and Gas Cloud Applications Market worth 5.68 Billion USD by 2022

FEATURED COMPANIES

  • Cisco
  • IBM
  • Oracle
  • SAP
  • Seven Lakes Technologies
  • Tibco
  • MORE

“Major slump in oil prices forcing companies to adopt cost-effective cloud solutions is one of the major drivers of the oil and gas cloud applications market”

The oil and gas cloud applications market size is expected to grow from USD 3.33 billion in 2017 to USD 5.68 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 11.3% during the forecast period. Major slump in oil prices forcing companies to adopt cost-effective cloud solutions and the emergence of big data and advanced analytics are major factors driving the oil and gas cloud applications market. However, increasing data security concerns and regulatory and compliance challenges are major restraints for the growth of oil and gas cloud applications market.

“CRM application type is estimated to hold the largest market size in 2017 in the oil and gas cloud applications market”

The CRM application type has always been one of the highest deployed tools by any industry, as the software facilitates businesses to increase their sales, automate marketing processes, and offer unparalleled customer services. In the oil and gas industry, the application is deployed intensively, and thus, has a very high market share. The need for real-time access to data is rapidly driving the market for cloud CRM applications. Along with the traditional applications for marketing, and sales intelligence and automation, cloud CRM applications also include advanced applications, such as social media and customer engagement management, and collaborative CRM applications.

“Asia Pacific (APAC) is expected to grow at the highest CAGR in the oil and gas cloud applications market by region”

Major countries contributing to the growth of the oil and gas cloud applications market in APAC are China, India, Malaysia, Australia, Thailand, Singapore, Japan, and Vietnam. APAC continues to witness rampant urbanization and industrialization, which has significantly increased the overall oil and gas consumption. Home to over 60% of the total global population, APAC is estimated to be consuming approximately 25% of the global oil supply. The region is expected to record the highest growth rate in the oil and gas cloud applications market, as organizations in APAC are looking for new ways to incorporate cloud applications, mostly in upstream and midstream sectors.

The overall trend witnessed in the APAC region is quite favorable for the digitalization of technologies, adoption of IoT, and other smart city projects. Cloud adoption has witnessed an ultra-growth, embraced by diverse verticals, such as BFSI, healthcare, telecommunications, and oil and gas. For instance, Microsoft witnessed a triple-digit Y-o-Y growth for its cloud platform, Azure, in the first 10 months of 2016.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The break-up of profile of primary participants is as follows:

  • By Company: Tier 1 - 20%, Tier 2 -10%, and Tier 3 -70%
  • By Designation: C level - 20%, Director level - 19%, and Others - 61%
  • By Region: North America - 20%, Europe - 10%, and APAC - 70%

The global oil and gas cloud applications market comprises the following major vendors:

  • IBM (US)
  • Oracle (US)
  • SAP (Germany)
  • Microsoft (US)
  • SAS Institute (US)
  • HPE (US)
  • TIBCO (US)
  • Tableau (US)
  • Cisco (US)
  • Seven Lake Technologies (US)
  • PetroCloud (US)
  • WellEz (US)

Research Report:

The report segments the oil and gas cloud applications market on the basis of types of applications (customer relationship management [CRM], enterprise content management [ECM] and collaboration, enterprise resource planning [ERP], supply chain management [SCM], human capital management [HCM], data analytics, project and portfolio management, governance, risk, and compliance [GRC], and others); major sector (upstream, midstream, and downstream); deployment model (public cloud, private cloud, and hybrid cloud); organization size (small and medium-sized enterprises [SMEs], and large enterprises); business function (marketing, sales, finance, operations, and others); and regions (North America, Europe, APAC, Middle East and Africa [MEA], and Latin America).

Reasons to Buy the Report:

  • To get a comprehensive overview of the global oil and gas cloud applications market
  • To gain wide-ranging information about the top players in this market, their product portfolios, and the key strategies adopted by them
  • To gain insights into the major countries/regions, in which the oil and gas cloud applications market is flourishing across industry verticals
READ MORE
Note: Product cover images may vary from those shown
2 of 6

FEATURED COMPANIES

  • Cisco
  • IBM
  • Oracle
  • SAP
  • Seven Lakes Technologies
  • Tibco
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.1.1 Key Industry Insights
2.2 Market Size Estimation
2.3 Research Assumptions
2.4 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Oil and Gas Cloud Applications Market
4.2 Market, By Region
4.3 Market, By Type of Application and Region
4.4 Best Market to Invest In, By Region, 2017

5 Market Overview and Industry Trends
5.1 Market Overview
5.1.1 Introduction
5.1.2 Market Dynamics
5.1.2.1 Drivers
5.1.2.1.1 Major Slump in Oil Prices Forcing Companies to Adopt Cost-Effective Cloud Solutions
5.1.2.1.2 Emergence of Technologies Such as Big Data and Advanced Analytics is Fostering the Growth of Cloud Applications
5.1.2.1.3 Complex Nature of Operations in the Oil and Gas Industry
5.1.2.2 Restraints
5.1.2.2.1 Regulatory and Compliance Challenges
5.1.2.2.2 Increasing Data Security Concerns
5.1.2.3 Opportunities
5.1.2.3.1 Growing Trend of Mobile Computing
5.1.2.3.2 Rapidly Increasing Adoption of Hybrid Cloud
5.1.2.4 Challenges
5.1.2.4.1 Trends Toward Alternative Fuels and Electric Vehicles Could Further Affect Oil and Gas Companies’ Profitability
5.1.2.4.2 Lack of Skilled Workforce
5.2 Industry Trends
5.2.1 Cloud Applications in the Oil and Gas Industry: Use Cases
5.2.1.1 Use Case #1: Predicting Crude Oil Prices
5.2.1.2 Use Case #2: Hedge Optimization
5.2.1.3 Use Case #3: Profit and Loss Simulation
5.2.1.4 Use Case #4: Pipeline Geotechnical Monitoring
5.3 Oil and Gas Cloud Applications: Ecosystem

6 Oil and Gas Cloud Applications Market, By Type of Application
6.1 Introduction
6.2 Customer Relationship Management
6.3 Enterprise Content Management and Collaboration
6.4 Enterprise Resource Planning
6.5 Supply Chain Management
6.6 Human Capital Management
6.7 Data Analytics
6.8 Project and Portfolio Management
6.9 Governance, Risk, and Compliance
6.10 Others

7 Oil and Gas Cloud Applications Market, By Major Sector
7.1 Introduction
7.1.1 Upstream
7.1.2 Midstream
7.1.3 Downstream

8 Market By Deployment Model
8.1 Introduction
8.2 Public Cloud
8.3 Private Cloud
8.4 Hybrid Cloud

9 Oil and Gas Cloud Applications Market, By Organization Size
9.1 Introduction
9.2 Small and Medium-Sized Enterprises
9.3 Large Enterprises

10 Market, By Business Function
10.1 Introduction
10.2 Marketing
10.3 Sales
10.4 Finance
10.5 Operations
10.6 Others

11 Oil and Gas Cloud Applications Market, By Region
11.1 Introduction
11.2 North America
11.2.1 By Type of Application
11.2.2 By Major Sector
11.2.3 By Deployment Model
11.2.4 By Organization Size
11.2.5 By Business Function
11.2.6 By Country
11.2.6.1 United States
11.2.6.2 Canada
11.3 Europe
11.3.1 By Type of Application
11.3.2 By Major Sector
11.3.3 By Deployment Model
11.3.4 By Organization Size
11.3.5 By Business Function
11.3.6 By Country
11.3.6.1 Norway
11.3.6.2 Russia
11.3.6.3 Rest of Europe
11.4 Asia Pacific
11.4.1 By Type of Application
11.4.2 By Major Sector
11.4.3 By Deployment Model
11.4.4 By Organization Size
11.4.5 By Business Function
11.4.6 By Country
11.4.6.1 China
11.4.6.2 India
11.4.6.3 Rest of Asia Pacific
11.5 Latin America
11.5.1 By Type of Application
11.5.2 By Major Sector
11.5.3 By Deployment Model
11.5.4 By Organization Size
11.5.5 By Business Function
11.5.6 By Country
11.5.6.1 Brazil
11.5.6.2 Rest of Latin America
11.6 Middle East and Africa
11.6.1 By Type of Application
11.6.2 By Major Sector
11.6.3 By Deployment Model
11.6.4 By Organization Size
11.6.5 By Business Function
11.6.6 By Country
11.6.6.1 Middle East
11.6.6.2 Africa

12 Competitive Landscape
12.1 Overview
12.2 Competitive Scenario
12.2.1 Partnerships, Collaborations, and Agreements
12.2.2 New Product Launches
12.2.3 Mergers and Acquisitions

13 Company Profiles
(Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments)*
13.1 IBM
13.2 Oracle
13.3 SAP
13.4 Microsoft
13.5 SAS Institute
13.6 HPE
13.7 Tibco
13.8 Tableau
13.9 Cisco
13.10 Seven Lakes Technologies
13.11 Petrocloud
13.12 Wellez

14 Appendix
14.1 Discussion Guide

List of Tables:
Table 1 United States Dollar Exchange Rate, 2014–2016
Table 2 Oil and Gas Cloud Applications Market Size, By Type of Application, 2015–2022 (USD Million)
Table 3 Customer Relationship Management: Market Size, By Region, 2015–2022 (USD Million)
Table 4 Enterprise Content Management and Collaboration: Market Size, By Region, 2015–2022 (USD Million)
Table 5 Enterprise Resource Planning: Market Size, By Region, 2015–2022 (USD Million)
Table 6 Supply Chain Management: Market Size, By Region, 2015–2022 (USD Million)
Table 7 Human Capital Management: Market Size, By Region, 2015–2022 (USD Million)
Table 8 Data Analytics: Market Size, By Region, 2015–2022 (USD Million)
Table 9 Project and Portfolio Management: Market Size, By Region, 2015–2022 (USD Million)
Table 10 Governance, Risk, and Compliance: Market Size, By Region, 2015–2022 (USD Million)
Table 11 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 12 Oil and Gas Cloud Applications Market Size, By Major Sector, 2015–2022 (USD Million)
Table 13 Upstream: Market Size, By Region, 2015–2022 (USD Million)
Table 14 Midstream: Market Size, By Region, 2015–2022 (USD Million)
Table 15 Downstream: Market Size, By Region, 2015–2022 (USD Million)
Table 16 Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 17 Public Cloud: Market Size, By Region, 2015–2022 (USD Million)
Table 18 Private Cloud: Market Size, By Region, 2015–2022 (USD Million)
Table 19 Hybrid Cloud: Market Size, By Region, 2015–2022 (USD Million)
Table 20 Oil and Gas Cloud Applications Market Size, By Organization Size, 2015–2022 (USD Million)
Table 21 Small and Medium-Sized Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 22 Small and Medium-Sized Enterprises: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 23 Large Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 24 Large Enterprises: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 25 Market Size, By Business Function, 2015–2022 (USD Million)
Table 26 Marketing: Market Size, By Region, 2015–2022 (USD Million)
Table 27 Sales: Market Size, By Region, 2015–2022 (USD Million)
Table 28 Finance: Market Size, By Region, 2015–2022 (USD Million)
Table 29 Operations: Market Size, By Region, 2015–2022 (USD Million)
Table 30 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 31 Oil and Gas Cloud Applications Market Size, By Region, 2015–2022 (USD Million)
Table 32 North America: Market Size, By Type of Application, 2015–2022 (USD Million)
Table 33 North America: Market Size, By Major Sector, 2015–2022 (USD Million)
Table 34 North America: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 35 North America: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 36 North America: Small and Medium-Sized Enterprises Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 37 North America: Large Enterprises Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 38 North America: Market Size, By Business Function, 2015–2022 (USD Million)
Table 39 Europe: Oil and Gas Cloud Applications Market Size, By Type of Application, 2015–2022 (USD Million)
Table 40 Europe: Market Size, By Major Sector, 2015–2022 (USD Million)
Table 41 Europe: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 42 Europe: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 43 Europe: Small and Medium-Sized Enterprises Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 44 Europe: Large Enterprises Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 45 Europe: Market Size, By Business Function, 2015–2022 (USD Million)
Table 46 Asia Pacific: Oil and Gas Cloud Applications Market Size, By Type of Application, 2015–2022 (USD Million)
Table 47 Asia Pacific: Market Size, By Major Sector, 2015–2022 (USD Million)
Table 48 Asia Pacific: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 49 Asia Pacific: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 50 Asia Pacific: Small and Medium-Sized Enterprises Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 51 Asia Pacific: Large Enterprises Market Size, By Deployment Model, 2015–2022 (USD Million
Table 52 Asia Pacific: Market Size, By Business Function, 2015–2022 (USD Million)
Table 53 Latin America: Oil and Gas Cloud Applications Market Size, By Type of Application, 2015–2022 (USD Million)
Table 54 Latin America: Market Size, By Major Sector, 2015–2022 (USD Million)
Table 55 Latin America: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 56 Latin America: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 57 Latin America: Small and Medium-Sized Enterprises Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 58 Latin America: Large Enterprises Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 59 Latin America: Market Size, By Business Function, 2015–2022 (USD Million)
Table 60 Middle East and Africa: Oil and Gas Cloud Applications Market Size, By Type of Application, 2015–2022 (USD Million)
Table 61 Middle East and Africa: Market Size, By Major Sector, 2015–2022 (USD Million)
Table 62 Middle East and Africa: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 63 Middle East and Africa: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 64 Middle East and Africa: Small and Medium-Sized Enterprises Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 65 Middle East and Africa: Large Enterprises Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 66 Middle East and Africa: Market Size, By Business Function, 2015–2022 (USD Million)
Table 67 Market Ranking for the Oil and Gas Cloud Applications Market, 2017
Table 68 Partnerships, Collaborations, and Agreements, 2016–2017
Table 69 New Product Launches, 2014–2017
Table 70 Mergers and Acquisitions, 2014–2017

List of Figures:
Figure 1 Oil and Gas Cloud Applications Market: Market Segmentation
Figure 2 Market: Research Design
Figure 3 Data Triangulation
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Market: Assumptions
Figure 7 The Evolution of Cloud Computing
Figure 8 Market is Expected to Witness Significant Growth During the Forecast Period
Figure 9 Market Size, By Type of Application, 2022 (USD Million)
Figure 10 Market Snapshot, By Major Sector , 2017
Figure 11 Market Snapshot, By Business Function (2017–2022)
Figure 12 Rapidly Increasing Adoption of Hybrid Cloud is Expected to Provide Growth Opportunities in the Oil and Gas Cloud Applications Market During the Forecast Period
Figure 13 North America is Estimated to Dominate the Global Oil and Gas Cloud Applications Market in 2017
Figure 14 Customer Relationship Management Application, and North America are Estimated to Have the Largest Market Shares in 2017
Figure 15 Market: Drivers, Restraints, Opportunities, and Challenges
Figure 16 Oil and Gas Cloud Applications Ecosystem
Figure 17 Data Analytics Application is Expected to Have the Highest CAGR During the Forecast Period
Figure 18 Upstream Sector is Expected to Have the Largest Market Size During the Forecast Period
Figure 19 Public Cloud Deployment Model is Expected to Have the Highest CAGR During the Forecast Period
Figure 20 Large Enterprises Segment is Expected to Have the Larger Market Size During the Forecast Period
Figure 21 Operations Business Function is Expected to Witness the Highest CAGR During the Forecast Period
Figure 22 North America is Expected to Have the Largest Market Size in the Oil and Gas Cloud Applications Market During the Forecast Period
Figure 23 North America: Market Snapshot
Figure 24 Asia Pacific: Market Snapshot
Figure 25 Companies Have Adopted Partnerships, Agreements, and Collaborations as the Key Growth Strategies From 2014–2017
Figure 26 IBM: Company Snapshot
Figure 27 Oracle: Company Snapshot
Figure 28 SAP: Company Snapshot
Figure 29 Microsoft: Company Snapshot
Figure 30 SAS Institute: Company Snapshot
Figure 31 HPE: Company Snapshot
Figure 32 Tableau: Company Snapshot
Figure 33 Cisco: Company Snapshot

Note: Product cover images may vary from those shown
3 of 6

Loading
LOADING...

4 of 6
5 of 6
  • Cisco
  • HPE
  • IBM
  • Microsoft
  • Oracle
  • Petrocloud
  • SAP
  • SAS Institute
  • Seven Lakes Technologies
  • Tableau
  • Tibco
  • Wellez
Note: Product cover images may vary from those shown
6 of 6
Note: Product cover images may vary from those shown
Adroll
adroll