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Geomechanics Software And Services Market By Component, By Solution, By Application - Growth, Future Prospects And Competitive Analysis, 2020 - 2028

  • ID: 5148425
  • Report
  • September 2020
  • Region: Global
  • 105 pages
  • Acute Market Reports
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FEATURED COMPANIES

  • Baker Hughes
  • CGG
  • Geosteering Technologies
  • HXR Drilling Services
  • Ikon Science Ltd.
  • Itasca Consulting Group
  • MORE
The Increasing Demand Among Oil & Gas Industry to Enhance the Performance is Driving the Growth of Geomechanics Software & Services Market

Globally, the geomechanics software & services market is expected to grow with a CAGR of 15.7% during the forecast period from 2020 to 2028. The market is driven by the growing demand among the oil & gas industry to enhance the performance of the drilling, reduce non productive time, and optimize wellbore contact. Due to the uncertain prices of the oil & gas commodities and increasing competition, the oil & gas companies are looking for more advance ways to reduce the cost of operation and gain operational efficiency. This is augmenting the demand of geomechanics software and services among the organizations to provide advance tools and service for optimizing the operational performance.

The geomechanics software and services enables organization to analyze the subsurface pressure, optimize refinement of fluids, and casing of fracture design. Furthermore, the solutions allow the geoscientists and engineers to enhance the operational safety, increase drilling efficiency and complete the design. These are the major factors that are augmenting the demand for geomechanics software and solutions among the organizations. However, the lack of skilled professionals in the oil & gas industry is acting as a major inhibitor for the growth of the market.

Services is Estimated to Grow Significantly During the Forecast Period

The geomechanics software & services market is categorized based on the component into software and services. The software segment accounted for more than 65% share in the revenue in 2019. The growth of the market is attributed to the wide-scale adoption of the standalone software solution among the oil & gas industry. Furthermore, the growing demand among the oil & gas industry for real-time analytics is also accelerating the adoption of the software solutions. On the other hand, services are estimated to grow significantly during the forecast period. The growing demand of third party service provider is driving the services market.

North America is Leading the Geomechanics Software & Services Market

North America led the global geomechanics software & services market in 2019 with a market share of more than 35%. The growth of the market is driven by the growing shale gas exploration activities in the region. Furthermore, the growing adoption of the advance technologies among the oil & gas industry is further accelerating the market growth. Additionally, the presence of the major market player in the region is also fostering the market growth.

The major vendors in the geomechanics software & services market are CGG, Baker Hughes, Geosteering Technologies, Ikon Science Ltd., HXR Drilling Services, Itasca Consulting Group, Schlumberger Limited, Landmark Solutions (Halliburton), and Rockfield Global Technologies.

Historical & Forecast Period

This research report presents the analysis of each segment from 2018 to 2028 considering 2019 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2020 to 2028.

Key questions answered in this report
  • What was the market size of geomechanics software & services in 2019 and forecast up to 2028?
  • Which is the largest regional market for geomechanics software & services?
  • What are the major trends followed in geomechanics software & services market across different regions?
  • Who are the key companies in the geomechanics software & services market?
  • What are the key strategies adopted by the leading geomechanics software & services companies in market?
Unique data points of this report
  • Statistics on geomechanics software & services and spending worldwide
  • Recent trends across different regions in terms of adoption of geomechanics software & services across applications
  • Notable developments going on in the industry
  • Attractive investment proposition for segments as well as geography
  • Comparative scenario for all the segments for years 2019 (actual) and 2028 (forecast)
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Baker Hughes
  • CGG
  • Geosteering Technologies
  • HXR Drilling Services
  • Ikon Science Ltd.
  • Itasca Consulting Group
  • MORE
Chapter 1 Preface
1.1 Report Scope and Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Approach Adopted
1.3.4 Top-Down Approach
1.3.5 Bottom-Up Approach
1.3.6 Phase III – Expert Panel Review
1.3.7 Assumptions
1.4 Market Segmentation

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Geomechanics Software and Services Market
2.1.1 Global Geomechanics Software and Services Market, by Component, 2019, 2019 (US$ Mn)
2.1.2 Global Geomechanics Software and Services Market, by Solution, 2019, 2019 (US$ Mn)
2.1.3 Global Geomechanics Software and Services Market, by Application, 2019, 2019 (US$ Mn)
2.1.4 Global Geomechanics Software and Services Market, by Geography, 2019, 2019 (US$ Mn)

Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraint
3.3 Attractive Investment Proposition, by Geography, 2019
3.4 Market Positioning of Key GSS Vendors, 2019

Chapter 4 Global Geomechanics Software & Service (GSS) Market, By Component
4.1 Overview
4.1.1 Global Geomechanics Software and Services Market Value Share, by Component, 2019 & 2028 (Value, %)
4.2 Software
4.2.1 Global Geomechanics Software and Services Market Value from Software, 2018 – 2028(US$ Mn)
4.2.2 Standalone
4.2.2.1 Global Geomechanics Software and Services Market Value from Standalone, 2018 – 2028(US$ Mn)
4.2.3 Integrated
4.2.3.1 Global Geomechanics Software and Services Market Value from Integrated, 2018 – 2028(US$ Mn)
4.3 Service
4.3.1 Global Geomechanics Software and Services Market Value from Service, 2018 – 2028(US$ Mn)
4.3.2 Integration & Implementation
4.3.2.1 Global Geomechanics Software and Services Market Value from Integration & Implementation, 2018 – 2028(US$ Mn)
4.3.3 Consulting
4.3.3.1 Global Geomechanics Software and Services Market Value from Consulting, 2018 – 2028(US$ Mn)
4.3.4 Support & Maintenance
4.3.4.1 Global Geomechanics Software and Services Market Value from Support & Maintenance, 2018 – 2028(US$ Mn)

Chapter 5 Global Geomechanics Software & Service (GSS) Market, by Solution
5.1 Overview
5.1.1 Global Geomechanics Software and Services Market Value Share, by Solution, 2019 & 2028 (Value, %)
5.2 Oil & Gas Solution
5.2.1 Global Geomechanics Software and Services Market Value from Oil & Gas Solution, 2018 – 2028(US$ Mn)
5.2.2 Reservoir Characterization
5.2.2.1 Global Geomechanics Software and Services Market Value from Reservoir Characterization, 2018 – 2028(US$ Mn)
5.2.3 Reservoir Simulation
5.2.3.1 Global Geomechanics Software and Services Market Value from Reservoir Simulation, 2018 – 2028(US$ Mn)
5.2.4 Drilling
5.2.4.1 Global Geomechanics Software and Services Market Value from Drilling, 2018 – 2028(US$ Mn)
5.2.5 Production
5.2.5.1 Global Geomechanics Software and Services Market Value from Production, 2018 – 2028(US$ Mn)
5.3 Mining
5.3.1 Global Geomechanics Software and Services Market Value from Mining, 2018 – 2028(US$ Mn)
5.3.2 Subsidence Prediction
5.3.2.1 Global Geomechanics Software and Services Market Value from Subsidence Prediction, 2018 – 2028(US$ Mn)
5.3.3 Mine DeWatering Pore Pressure Analysis
5.3.3.1 Global Geomechanics Software and Services Market Value from Mine DeWatering Pore Pressure Analysis, 2018 – 2028(US$ Mn)
5.3.4 Excavation Design and Analysis
5.3.4.1 Global Geomechanics Software and Services Market Value from Excavation Design and Analysis, 2018 – 2028(US$ Mn)
5.3.5 Slope Stability
5.3.5.1 Global Geomechanics Software and Services Market Value from Slope Stability, 2018 – 2028(US$ Mn)
5.3.6 Others
5.3.6.1 Global Geomechanics Software and Services Market Value from Others, 2018 – 2028(US$ Mn)
5.4 Civil Construction
5.4.1 Global Geomechanics Software and Services Market Value from Civil Construction, 2018 – 2028(US$ Mn)
5.4.2 Rock Mechanics
5.4.2.1 Global Geomechanics Software and Services Market Value from Rock Mechanics, 2018 – 2028(US$ Mn)
5.4.3 Tunnel Design and Support Analysis
5.4.3.1 Global Geomechanics Software and Services Market Value from Tunnel Design and Support Analysis, 2018 – 2028(US$ Mn)
5.4.4 Soil & Rock Structure Interaction
5.4.4.1 Global Geomechanics Software and Services Market Value from Soil & Rock Structure Interaction, 2018 – 2028(US$ Mn)
5.4.5 Slope Stability
5.4.5.1 Global Geomechanics Software and Services Market Value from Slope Stability, 2018 – 2028(US$ Mn)
5.4.6 Others
5.4.6.1 Global Geomechanics Software and Services Market Value from Others, 2018 – 2028(US$ Mn)
5.5 Nuclear Waste Disposable
5.5.1 Global Geomechanics Software and Services Market Value from Nuclear Waste Disposable, 2018 – 2028(US$ Mn)
5.5.2 Rock Characterization
5.5.2.1 Global Geomechanics Software and Services Market Value from Rock Characterization, 2018 – 2028(US$ Mn)
5.5.3 Acoustic Emission Monitoring
5.5.3.1 Global Geomechanics Software and Services Market Value from Acoustic Emission Monitoring, 2018 – 2028(US$ Mn)
5.5.4 Geomechanical Modeling
5.5.4.1 Global Geomechanics Software and Services Market Value from Geomechanical Modeling, 2018 – 2028(US$ Mn)
5.5.5 Ultrasonic Surveys
5.5.5.1 Global Geomechanics Software and Services Market Ultrasonic Surveys, 2018 – 2028(US$ Mn)
5.5.6 Others
5.5.6.1 Global Geomechanics Software and Services Market Value from Others, 2018 – 2028(US$ Mn)

Chapter 6 Global Geomechanics Software & Service (GSS) Market, by Application
6.1 Overview
6.1.1 Global Geomechanics Software and Services Market Value Share, by Application, 2019 & 2028 (Value, %)
6.2 Oil & Gas
6.2.1 Global Geomechanics Software and Services Market Value from Oil & Gas, 2018 – 2028(US$ Mn)
6.3 Mining
6.3.1 Global Geomechanics Software and Services Market Value from Mining, 2018 – 2028(US$ Mn)
6.4 Civil Construction
6.4.1 Global Geomechanics Software and Services Market Value from Civil Construction, 2018 – 2028(US$ Mn)
6.5 Nuclear Waste Disposable
6.5.1 Global Geomechanics Software and Services Market Value from Nuclear Waste Disposable, 2018 – 2028(US$ Mn)

Chapter 7 North America Geomechanics Software & Service (GSS) Market Analysis, 2018 – 2028 (US$ Mn)
7.1 Overview
7.2 North America GSS Market Analysis, by Component, 2018 – 2028 (US$ Mn)
7.2.1 Market Analysis
7.3 North America GSS Market Analysis, by Solution, 2018 – 2028 (US$ Mn)
7.3.1 Market Analysis
7.4 North America GSS Market Analysis, by Application, 2018 – 2028 (US$ Mn)
7.4.1 Market Analysis
7.5 North America GSS Market, by Country, 2018 – 2028 (US$ Mn)
7.5.1 Market Analysis
7.5.2 U.S.
7.5.2.1 U.S. GSS Market Value, by Component, 2018 – 2028 (US$ Mn)
7.5.2.2 U.S. GSS Market Value, by Solution, 2018 – 2028 (US$ Mn)
7.5.2.3 U.S. GSS Market Value, by Application, 2018 – 2028 (US$ Mn)
7.5.3 Canada
7.5.3.1 Canada GSS Market Value, by Component, 2018 – 2028 (US$ Mn)
7.5.3.2 Canada GSS Market Value, by Solution, 2018 – 2028 (US$ Mn)
7.5.3.3 Canada GSS Market Value, by Application, 2018 – 2028 (US$ Mn)

Chapter 8 Europe Geomechanics Software & Service (GSS) Market Analysis, 2018 – 2028 (US$ Mn)
8.1 Overview
8.2 Europe GSS Market Analysis, by Component, 2018 – 2028 (US$ Mn)
8.2.1 Market Analysis
8.3 Europe GSS Market Analysis, by Solution, 2018 – 2028 (US$ Mn)
8.3.1 Market Analysis
8.4 Europe GSS Market Analysis, by Application, 2018 – 2028 (US$ Mn)
8.4.1 Market Analysis
8.5 Europe GSS Market, by Country, 2018 – 2028 (US$ Mn)
8.5.1 Market Analysis
8.5.2 U.K.
8.5.2.1 U.K. GSS Market Value, by Component, 2018 – 2028 (US$ Mn)
8.5.2.2 U.K. GSS Market Value, by Solution, 2018 – 2028 (US$ Mn)
8.5.2.3 U.K. GSS Market Value, by Application, 2018 – 2028 (US$ Mn)
8.5.3 Germany
8.5.3.1 Germany GSS Market Value, by Component, 2018 – 2028 (US$ Mn)
8.5.3.2 Germany GSS Market Value, by Solution, 2018 – 2028 (US$ Mn)
8.5.3.3 Germany GSS Market Value, by Application, 2018 – 2028 (US$ Mn)
8.5.4 France
8.5.4.1 France GSS Market Value, by Component, 2018 – 2028 (US$ Mn)
8.5.4.2 France GSS Market Value, by Solution, 2018 – 2028 (US$ Mn)
8.5.4.3 France GSS Market Value, by Application, 2018 – 2028 (US$ Mn)
8.5.5 Rest of Europe
8.5.5.1 Rest of Europe GSS Market Value, by Component, 2018 – 2028 (US$ Mn)
8.5.5.2 Rest of Europe GSS Market Value, by Solution, 2018 – 2028 (US$ Mn)
8.5.5.3 Rest of Europe GSS Market Value, by Application, 2018 – 2028 (US$ Mn)

Chapter 9 Asia Pacific Geomechanics Software & Service (GSS) Market Analysis, 2018 – 2028 (US$ Mn)
9.1 Overview
9.2 Asia Pacific GSS Market Analysis, by Component, 2018 – 2028 (US$ Mn)
9.2.1 Market Analysis
9.3 Asia Pacific GSS Market Analysis, by Solution, 2018 – 2028 (US$ Mn)
9.3.1 Market Analysis
9.4 Asia Pacific GSS Market Analysis, by Application, 2018 – 2028 (US$ Mn)
9.4.1 Market Analysis
9.5 Asia Pacific GSS Market, by Country, 2018 – 2028 (US$ Mn)
9.5.1 Market Analysis
9.5.2 China
9.5.2.1 China GSS Market Value, by Component, 2018 – 2028 (US$ Mn)
9.5.2.2 China GSS Market Value, by Solution, 2018 – 2028 (US$ Mn)
9.5.2.3 China GSS Market Value, by Application, 2018 – 2028 (US$ Mn)
9.5.3 Japan
9.5.3.1 Japan GSS Market Value, by Component, 2018 – 2028 (US$ Mn)
9.5.3.2 Japan GSS Market Value, by Solution, 2018 – 2028 (US$ Mn)
9.5.3.3 Japan GSS Market Value, by Application, 2018 – 2028 (US$ Mn)
9.5.4 India
9.5.4.1 India GSS Market Value, by Component, 2018 – 2028 (US$ Mn)
9.5.4.2 India GSS Market Value, by Solution, 2018 – 2028 (US$ Mn)
9.5.4.3 India GSS Market Value, by Application, 2018 – 2028 (US$ Mn)
9.5.5 Rest of Asia Pacific
9.5.5.1 Rest of Asia Pacific GSS Market Value, by Component, 2018 – 2028 (US$ Mn)
9.5.5.2 Rest of Asia Pacific GSS Market Value, by Solution, 2018 – 2028 (US$ Mn)
9.5.5.3 Rest of Asia Pacific GSS Market Value, by Application, 2018 – 2028 (US$ Mn)

Chapter 10 Rest of the World (RoW) Geomechanics Software & Service (GSS) Market Analysis, 2018 – 2028 (US$ Mn)
10.1 Overview
10.2 RoW GSS Market Analysis, by Component, 2018 – 2028 (US$ Mn)
10.2.1 Market Analysis
10.3 RoW GSS Market Analysis, by Solution, 2018 – 2028 (US$ Mn)
10.3.1 Market Analysis
10.4 RoW GSS Market Analysis, by Application, 2018 – 2028 (US$ Mn)
10.4.1 Market Analysis
10.5 RoW GSS Market, by Country, 2018 – 2028 (US$ Mn)
10.5.1 Market Analysis
10.6 RoW GSS Market, by Country (US$ Mn)
10.6.1 Market Analysis
10.6.2 Middle East & Africa (MEA)
10.6.2.1 MEA GSS Market Value, by Component, 2018 – 2028 (US$ Mn)
10.6.2.2 MEA GSS Market Value, by Solution, 2018 – 2028 (US$ Mn)
10.6.2.3 MEA GSS Market Value, by Application, 2018 – 2028 (US$ Mn)
10.6.3 Latin America
10.6.3.1 Latin America GSS Market Value, by Component, 2018 – 2028 (US$ Mn)
10.6.3.2 Latin America GSS Market Value, by Solution, 2018 – 2028 (US$ Mn)
10.6.3.3 Latin America GSS Market Value, by Application, 2018 – 2028 (US$ Mn)

Chapter 11 Company Profiles
11.1 Baker Hughes
11.2 CGG
11.3 Geosteering Technologies
11.4 HXR Drilling Services
11.5 IKON Science Ltd.
11.6 Itasca Consulting Group
11.7 Landmark Solutions (Halliburton)
11.8 Schlumberger Limited
11.9 Rockfield Global Technologies
Note: Product cover images may vary from those shown
3 of 3
  • CGG
  • Baker Hughes
  • Geosteering Technologies
  • Ikon Science Ltd.
  • HXR Drilling Services
  • Itasca Consulting Group
  • Schlumberger Limited
  • Landmark Solutions (Halliburton)
  • Rockfield Global Technologies.
Note: Product cover images may vary from those shown
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