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Global Big Data Market in the Oil and Gas Sector 2019-2023 - Product Image

Global Big Data Market in the Oil and Gas Sector 2019-2023

  • ID: 4772990
  • Report
  • Region: Global
  • 126 pages
  • TechNavio
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FEATURED COMPANIES

  • GENERAL ELECTRIC
  • IBM Corp.
  • Oracle Corp.
  • SAP SE
  • Teradata Corp.
  • MORE
About this market

Health, safety, and environmental concerns in the oil and gas sector are one of the key factors that will trigger the growth of the market in the oil and gas sector during the forecast period. The presence of government regulations related to environmental protection, workers protection, cultural protection, and public health and safety is enforcing the companies in the oil and gas sector to take effective measures. Therefore, vendors in the market are opting big data solutions, as it helps enterprises to tackle this challenge efficiently. The need to safeguard the health and safety of the workforce and address environmental concerns will increase the adoption of big data solutions in the oil and gas sector. Analysts have predicted that the big data market in the oil and gas sector will register a CAGR of over 15% by 2023.

Market Overview

Exploration of oil and gas

Vendors in the global big data market in the oil and gas sector offer different solutions to help enterprises make precise and well-informed oil and gas explorations. The solution is designed to reduce cost by improving modeling for exploration and analyzing drilling and completion operations data for real-time optimization.

Lack of professional expertise

The oil and gas sectors are currently facing a shortage of data scientists who possess both the industry knowledge and technical skills. Such a shortage is a challenge for the growth of the global big data market in the oil and gas sector.

Competitive Landscape

The market in the oil and gas sector appears to be fragmented and with the presence of several companies including GENERAL ELECTRIC and IBM Corp., the competitive environment is quite intense. Vendors and enterprises in the global big data market in the oil and gas sector had made significant efforts to harness the power of blockchain in the oil and gas sector. Oracle Corp., SAP SE, and Teradata Corp. are some of the major companies covered in this report.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • GENERAL ELECTRIC
  • IBM Corp.
  • Oracle Corp.
  • SAP SE
  • Teradata Corp.
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY TYPE
  • Market segmentation by type
  • Comparison by type
  • Services - Market size and forecast 2018-2023
  • Software - Market size and forecast 2018-2023
  • Market opportunity by type
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Use of blockchain solutions to improve big data security
  • Use of big data by AI and ML tool
  • Oil and gas IoT data adding value to big data analytics
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • GENERAL ELECTRIC
  • IBM Corp.
  • Oracle Corp.
  • SAP SE
  • Teradata Corp.
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
PART 15: EXPLORE

List of Exhibits:
Exhibit 01: Global information technology (IT) spending market
Exhibit 02: Segments of global information technology (IT) spending market
Exhibit 03: Market characteristics
Exhibit 04: Market characteristics analysis
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Type - Market share 2018-2023 (%)
Exhibit 19: Comparison by type
Exhibit 20: Services - Market size and forecast 2018-2023 ($ millions)
Exhibit 21: Services - Year-over-year growth 2019-2023 (%)
Exhibit 22: Software - Market size and forecast 2018-2023 ($ millions)
Exhibit 23: Software - Year-over-year growth 2019-2023 (%)
Exhibit 24: Market opportunity by type
Exhibit 25: Customer landscape
Exhibit 26: Customer landscape analysis
Exhibit 27: Market share by geography 2018-2023 (%)
Exhibit 28: Geographic comparison
Exhibit 29: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 30: North America - Year-over-year growth 2019-2023 (%)
Exhibit 31: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 32: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 33: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 34: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 35: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 36: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 37: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 38: South America - Year-over-year growth 2019-2023 (%)
Exhibit 39: Key leading countries
Exhibit 40: Market opportunity
Exhibit 41: Impact of drivers and challenges
Exhibit 42: Vendor landscape
Exhibit 43: Landscape disruption
Exhibit 44: Vendor landscape analysis
Exhibit 45: Vendors covered
Exhibit 46: Vendor classification
Exhibit 47: Market positioning of vendors
Exhibit 48: GENERAL ELECTRIC - Vendor overview
Exhibit 49: GENERAL ELECTRIC - Business segments
Exhibit 50: GENERAL ELECTRIC - Organizational developments
Exhibit 51: GENERAL ELECTRIC - Geographic focus
Exhibit 52: GENERAL ELECTRIC - Segment focus
Exhibit 53: GENERAL ELECTRIC - Key offerings
Exhibit 54: IBM Corp. - Vendor overview
Exhibit 55: IBM Corp. - Business segments
Exhibit 56: IBM Corp. - Organizational developments
Exhibit 57: IBM Corp. - Geographic focus
Exhibit 58: IBM Corp. - Segment focus
Exhibit 59: IBM Corp. - Key offerings
Exhibit 60: Oracle Corp. - Vendor overview
Exhibit 61: Oracle Corp. - Business segments
Exhibit 62: Oracle Corp. - Organizational developments
Exhibit 63: Oracle Corp. - Geographic focus
Exhibit 64: Oracle Corp. - Segment focus
Exhibit 65: Oracle Corp. - Key offerings
Exhibit 66: SAP SE - Vendor overview
Exhibit 67: SAP SE - Business segments
Exhibit 68: SAP SE - Organizational developments
Exhibit 69: SAP SE - Geographic focus
Exhibit 70: SAP SE - Segment focus
Exhibit 71: SAP SE - Key offerings
Exhibit 72: Teradata Corp. - Vendor overview
Exhibit 73: Teradata Corp. - Business segments
Exhibit 74: Teradata Corp. - Organizational developments
Exhibit 75: Teradata Corp. - Geographic focus
Exhibit 76: Teradata Corp. - Segment focus
Exhibit 77: Teradata Corp. - Key offerings
Exhibit 78: Validation techniques employed for market sizing
Exhibit 79: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • GENERAL ELECTRIC
  • IBM Corp.
  • Oracle Corp.
  • SAP SE
  • Teradata Corp.
  • MORE
The analyst recognizes the following companies as the key players in the global big data market in the oil and gas sector: GENERAL ELECTRIC, IBM Corp., Oracle Corp., SAP SE, and Teradata Corp.

Commenting on the report, an analyst from the team said: “The latest trend gaining momentum in the market in the oil and gas sector is the use of blockchain solutions to improve big data security.”

According to the report, one of the major drivers for this market in the oil and gas sector is the necessity to optimize production.

Further, the report states that one of the major factors hindering the growth of this market in the oil and gas sector is the lack of professional expertise.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market in the oil and gas sector and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • GENERAL ELECTRIC
  • IBM Corp.
  • Oracle Corp.
  • SAP SE
  • Teradata Corp.
Note: Product cover images may vary from those shown
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