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Dec 8, 2019 10:41 AM ET

Digital Transformation Market in Technology Hardware & Equipment,Technology Hardware, Storage & Peripherals sector Expected To Grow At A CAGR of 17.58% For The Period 2019-2023


Digital Transformation Market in Technology Hardware & Equipment,Technology Hardware, Storage & Peripherals sector Expected To Grow At A CAGR of 17.58% For The Period 2019-2023

iCrowd Newswire - Dec 8, 2019

Industry Research Report On-Digital Transformation Market in the Oil and Gas Industry by Technology and Geography – Forecast and Analysis 2019-2023, will use to

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“The latest trend gaining momentum in the market is the implementation of mobility solutions in oil and gas sector.”

According to the report, one of the major drivers for this market is the growing need for advanced technologies in exploration activities.

Further, the report states that one of the major factors hindering the growth of this market is the increasing data quality and management challenges.

Global Digital Transformation Market in the Oil and Gas Industry: About this market

The digital transformation market in the oil and gas industry analysis considers sales from IoT, EandP software, big data, cloud computing, HPC, AI, AR/VR, and data monetization technologies. Our report also considers the sales of the digital transformation market in the oil and gas industry in APAC, Europe, North America, South America, and MEA. In 2018, the IoT segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as creating a safe work environment throughout the value chain will play a significant role in the IoT segment to maintain its market position. Also, our global digital transformation market in the oil and gas industry looks at factors such as a rise in investments and partnerships, rising pressure to improve operational efficiency, and growing need for advanced technologies in exploration activities. However, lack of skilled labor, increasing threat of cyberattacks, and increasing data quality and management challenges may hamper the growth of the digital transformation market in the oil and gas industry over the forecast period.

Global Digital Transformation Market in the Oil and Gas Industry: Overview

Competitive Landscape

Porter’s five forces analysis included in the report educates the buyer on the current situations along with anticipated future Digital Transformation market size.

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The report splits the global Digital Transformation market intothe Americas, Asia-Pacific, Europe, the Middle East, and Africa Region. The Digital Transformation Market report provides a detailed analysis of the key players in the market which provides a company overview,financial overview, service offering, different strategies used by them, and comprehensive SWOT analysis of –

The CAGR of each segment in the Digital Transformation market along with the global market (as a whole) is explained with great ease. Also, global and regional Digital Transformation market supply chain analysis provides vital info about producers, distributers and key end-users in the market. It also explains import-export situations, affecting factors etc. to fully and deeply reveal market situations.

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Influencing Factors of Market:

This Digital Transformation market research is the result of

  • Quantitative analysis:-Digital TransformationMarket size and forecast, Market segmentation, Geographical insights, Competitive landscape.
  • Qualitative analysis:-Digital TransformationMarket drivers, Market challenges, Market trends, Five forces analysis.
  • Primary research:- Digital Transformation Industry journals and periodicals, Government bodies, Annual reports of key stakeholders.
  • Secondary research:-Digital TransformationManufacturers/Suppliers, Channel partners, Industry experts, Strategic decision-makers.
  • Data synthesis:-Collation of data, Estimation of key figures, Analysis of derived insights.
  • Data validation:-Triangulation with data models, Reference against proprietary, databases, Corroboration with industry experts.
  • Other Analyses:- Apart from The Aforementioned Information, Trade and Distribution Analysis for The Manufactured Industry, SWOT Analysis for New Projects and Feasibility Analysis for New Investment Are Included.

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    CONTACT US

    Name: Mr. Ajay More

    Email: [email protected]

    Organization: 360 Market Updates

    Phone: +1 424 253 0807 / + 44 203 239 8187

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    Press Release Distributed by The Express Wire

    To view the original version on The Express Wire visit Digital Transformation Market in Technology Hardware and Equipment,Technology Hardware, Storage and Peripherals sector Expected To Grow At A CAGR of 17.58% For The Period 2019-2023






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