Oil & Gas Analytics Market: Introduction
The global oil & gas analytics market was valued at US$ 13 Bn in 2019 and is anticipated to expand at a CAGR of ~15% during the forecast period. Based on service, the professional segment held a prominent share of the global oil & gas analytics market in 2019, as professional service provides the choice of personalized advisory services for solutions by using case definition, planning, and build activities through analytics expertise and methodology and tools.
In terms of deployment, the hosted segment accounted for a major share of the global oil & gas analytics market in 2019. Based on application, the upstream segment constituted significant share of the global oil & gas analytics market in 2019. The demand for upstream services is high among oil & gas companies.
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New Discoveries in Oil & Gas and Other Fuels, and Shale Gas Boom to Boost Oil & Gas Analytics Market
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North America Leads Oil & Gas Analytics Market
Major Developments in Oil & Gas Analytics Market
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Competition Landscape of Oil & Gas Analytics Market
The oil & gas analytics market is dominated by multinational players operating across the globe. Prominent players operating in the global oil & gas analytics are IBM Analytics, Accenture, Oracle Corporation, SAP SE, Microsoft Corporation, Hewlett Packard Enterprise Development LP, Northwest Analytics, Inc. ,and TABLEAU SOFTWARE, LLC
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