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Nov 9, 2017 4:34 PM ET

Smart Oilfield IT Services 2017 Global Market Expected to Grow at CAGR 5.93 % and Forecast to 2019

Legal Newswire iCrowdNewswire - Nov 9, 2017

Smart Oilfield IT Services  Market Analysis And Forecast

About Smart Oilfield IT Services 
With the presence of volatile market conditions, global energy requirements are continuing to rise, creating challenging competitive environment for companies in the O&G sector. Forecasting and budgeting have become extremely difficult in the face of ongoing price volatility and many other uncertainties in the oil sector. The challenging environment has forced companies to look for innovative, upstream oil technologies. Furthermore, the volume and detail of data generated in exploration and production need to be put into better use so that the O&G companies can gain value from the same and act upon the insights generated by data produced during exploration and production.
Smart oilfield services comprise IT services, including IT consulting, business consulting, integrating services, and outsourcing services. The implementation of these services enables companies to increase production, improve recovery rates, and cut capital and operating expenses. In addition, the time-to-value also gets enhanced with the implementation of these services.
Technavio’s analysts forecast the global smart oilfield IT services market to grow at a CAGR of 5.93% over the period 2014-2019.
Covered in this Report
The global smart oilfield IT services market is segmented on the basis of geography.
Technavio’s report, Global Smart Oilfield IT Services Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
Key Vendors
• Accenture
• Tata Consultancy Services
• Wipro
Other Prominent Vendors

• Capgemini
• Cisco
• Deolitte
• Energistics
• Huabei
• Infosys
• L&T Infotech
• Microsoft
• PwC
• Schlumberger
• TechMahindra
• Wipro
Market Driver
• Cost Reduction
• For a full, detailed list, view our report
Market Challenge
• Security Concerns
• For a full, detailed list, view our report
Market Trend
• Big Data Analytics
• For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?


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Table of Contents:

  1. Executive Summary
    02. List of Abbreviations
    03. Scope of the Report
    03.1 Market Overview
    03.2 Services Offerings
    04. Market Research Methodology
    04.1 Market Research Process
    04.2 Research Methodology
    05. Introduction
    06. Market Landscape
        06.1 Situation Overview
    06.1.1 Introduction to Digital Oil Field
    06.1.2 Market Size and Forecast
    06.2 Five Forces Analysis
    07. Impact of Government Regulations on Oil and Gas Drilling Sector
        07.1 Example
    08. Geographical Segmentation
        08.1 Global Smart Oilfield IT Services Market by Geographical Segmentation 2014
    09. Buying Criteria
    10. Market Growth Drivers
    11. Drivers and their Impact
    12. Market Challenges
    13. Impact of Drivers and Challenges
    14. Market Trends
    15. Trends and their Impact
    16. Vendor Landscape
        16.1 Competitive Scenario
    16.2 Key Vendor Analysis 2013
    16.3 Other Prominent Vendors
    17. Key Vendor Analysis
    17.1 Accenture
          17.1.1 Key Facts
    17.1.2 Business Overview
    17.1.3 Business Segmentation by Revenue 2013
    17.1.4 Business Segmentation by Revenue 2012 and 2013
    17.1.5 Geographical Segmentation by Revenue 2013
    17.1.6 Business Strategy
    17.1.7 Key Information
    17.1.8 SWOT Analysis
        17.2 IBM
          17.2.1 Key Facts
    17.2.2 Business Description
    17.2.3 Business Segmentation
    17.2.4 Revenue Segmentation by Business Segment
    17.2.5 Revenue Segmentation by Business Operation
    17.2.6 Revenue Comparison of Business Segments 2012 and 2013
    17.2.7 Revenue Segmentation by Geography
    17.2.8 Business Strategy
    17.2.9 Key Developments
    17.2.10 SWOT Analysis
        17.3 TCS
          17.3.1 Key facts
    17.3.2 Business overview
    17.3.3 Business segmentation by revenue 2013
    17.3.4 Business segmentation by revenue 2012 and 2013
    17.3.5 Geographical segmentation by revenue 2013
    17.3.6 Business Strategy
    17.3.7 Recent developments
    17.3.8 SWOT Analysis
        17.4 Wipro
          17.4.1 Key Facts
    17.4.2 Business Overview
    17.4.3 Revenue by Business Segmentation 2014
    17.4.4 Revenue by Business Segmentation 2013 and 2014
    17.4.5 Revenue by Geographical Segmentation 2014
    17.4.6 Business Strategy
    17.4.7 Recent Developments
    17.4.8 SWOT Analysis
    18. Other Reports in this Series


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