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Big Data Market in the Oil and Gas Sector by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR70671
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The big data market in the oil and gas sector has the potential to grow by USD 8.37 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 19.40%. This big data market in the oil and gas sector research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The big data market in the oil and gas sector report also offers information on several market vendors, including Accenture Plc, Alphabet Inc., Amazon Web Services Inc., BigPanda Inc., Capgemini SE, General Electric Co., International Business Machines Corp., Microsoft Corp., Oracle Corp., and SAP SE among others. Furthermore, this report extensively covers market segmentation by type (services and software) and geography (North America, APAC, MEA, Europe, and South America).

What will the Big Data Market Size in the Oil and Gas Sector be in 2021?

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Big Data Market in the Oil and Gas Sector: Key Drivers and Trends

The need to optimize production is notably driving the big data market growth in the oil and gas sector, although factors such as concerns about big data security may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the big data market in the oil and gas sector market get your FREE report sample now.

This big data market in the oil and gas sector analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Big Data Market Vendors in the Oil and Gas Sector?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Accenture Plc
  • Alphabet Inc.
  • Amazon Web Services Inc.
  • BigPanda Inc.
  • Capgemini SE
  • General Electric Co.
  • International Business Machines Corp.
  • Microsoft Corp.
  • Oracle Corp.
  • SAP SE

 

The big data market in the oil and gas sector is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the big data market in the oil and gas sector forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Big Data Market in the Oil and Gas Sector?

Big-Data-Market-In-The-Oil-And-Gas-Sector-Market-Market-Share-by-Region-2020-2025

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28% of the market’s growth will originate from North America during the forecast period. The US is the key market for big data market in the oil and gas sector market in North America. 

The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Exploration of oil and gas will facilitate the big data market growth in the oil and gas sector in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Type Segments in the Big Data Market in the Oil and Gas Sector?

Big-Data-Market-In-The-Oil-And-Gas-Sector-Market-Market-Share-by-Type-2020-2025

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The big data market in the oil and gas sector share growth by the services segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the big data market size in the oil and gas sector.

 

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What are the Key Factors Covered in this Big Data Market in the Oil and Gas Sector Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive big data market growth in the oil and gas sector during the next five years
  • Precise estimation of the big data market size in the oil and gas sector and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the big data market in the oil and gas sector across North America, APAC, MEA, Europe, and South America 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of big data market vendors in the oil and gas sector

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Big Data Market In The Oil And Gas Sector Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 19.40%

Market growth 2021-2025

USD 8.37 billion

Market structure

Fragmented

YoY growth (%)

22.44

Regional analysis

North America, APAC, MEA, Europe, and South America

Performing market contribution

North America at 28%

Key consumer countries

US, Russian Federation, China, Saudi Arabia, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Accenture Plc, Alphabet Inc., Amazon Web Services Inc., BigPanda Inc., Capgemini SE, General Electric Co., International Business Machines Corp., Microsoft Corp., Oracle Corp., and SAP SE

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five Forces Summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Services - Market size and forecast 2020-2025
    • Software - Market size and forecast 2020-2025
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption
      • Competitive scenario

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Accenture Plc
      • Alphabet Inc.
      • Amazon Web Services Inc.
      • BigPanda Inc.
      • Capgemini SE
      • General Electric Co.
      • International Business Machines Corp.
      • Microsoft Corp.
      • Oracle Corp.
      • SAP SE

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      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
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your sample now!
      Big Data Market in the Oil and Gas Sector market growth will increase by $8378.20 million during 2020-2025.
      The big data market in the oil and gas sector market is expected to grow at a CAGR of 19.40% during 2020-2025.
      Technavio has segmented the big data market in the oil and gas sector market by type (Services and Software) and geographic (North America, APAC, MEA, Europe, and South America).
      Accenture Plc, Alphabet Inc., Amazon Web Services Inc., BigPanda Inc., Capgemini SE, General Electric Co., International Business Machines Corp., Microsoft Corp., Oracle Corp., SAP SE are a few of the key vendors in the big data market in the oil and gas sector market.
      North America will register the highest growth rate of 28.46% among the other regions. Therefore, the big data market in the oil and gas sector market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      • US
      • Russian Federation
      • China
      • Saudi Arabia
      • India
      The key factors driving the big data market in the oil and gas sector market growth are:
      • Need to optimize production
      The big data market in the oil and gas sector market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?
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      • Covid-19 impact and recovery analysis
      • Data on revenue-generating market segments
      • Details on the market shares of various regions
      • Five-force market analysis

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