Global Oil and Gas Analytics Market Report and Forecast 2024-2032

Global Oil and Gas Analytics Market Report and Forecast 2024-2032



Global Oil and Gas Analytics Market Report and Forecast 2024-2032

Market Outlook

According to the report by Expert Market Research (EMR), the global oil and gas analytics market is projected to grow at a CAGR of 14.80% between 2024 and 2032. Aided by the increasing complexity of hydrocarbon exploration and the growing necessity for optimising operational performance, the market is expected to grow significantly by 2032.

Oil and gas analytics encompass the utilisation of data analytics solutions for deriving actionable insights from the massive data volumes generated in the oil and gas sector. These insights aid companies in enhancing exploration, drilling efficiency, production, and distribution. The analytics solutions range from descriptive analytics that give an overview of past operations to predictive analytics that forecast future trends, and prescriptive analytics that offer specific recommendations for ways to handle potential future scenarios.

The burgeoning need for efficiency and sustainability in the oil and gas sector acts as the primary catalyst for the oil and gas analytics market growth. As the world grapples with volatile oil prices, political instability in key oil-producing regions, and growing environmental concerns, oil and gas companies are increasingly turning to analytics to optimise exploration, reduce operational costs, improve asset management, and ensure safety and compliance.

The evolution of digital technology and the advent of the Industrial Internet of Things (IoT) have significantly impacted the oil and gas analytics market demand. Advanced sensors and data connectivity now allow real-time monitoring and analytics of drilling operations and machinery health. The resultant data analytics can prevent costly machinery failures, reduce downtime, and improve the allocation of human and capital resources.

Additionally, the analytics solutions are increasingly being utilised in supply chain and inventory management. As per the oil and gas analytics market analysis, accurate forecasting and inventory optimisation through analytics reduce waste and storage costs, enhancing the overall profitability and efficiency of operations. This is especially crucial in the context of the complex and often global supply chains that characterise the oil and gas industry.

The integration of artificial intelligence (AI) and machine learning technologies with analytics solutions is another factor that increases the oil and gas analytics market size. These technologies offer advanced pattern recognition and predictive capabilities that can identify new exploration opportunities or potential risks, thus driving informed decision-making.

Market Segmentation

The market can be divided based on component, deployment model, organisation size, and region.

Market Breakup by Component
  • Software
  • Service
Market Breakup by Deployment Model
  • Cloud-based
  • On-premises
Market Breakup by Organisation Size
  • Small and Medium Businesses
  • Large Enterprises
Market Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global oil and gas analytics market. Some of the major players explored in the report by Expert Market Research are as follows:
  • SAS Institute Inc.
  • Oracle Corporation
  • Accenture Plc
  • IBM Corporation
  • SAP SE
  • TIBCO Software Inc.
  • Northwest Analytics, Inc.
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Oil and Gas Analytics Market Analysis
8.1 Key Industry Highlights
8.2 Global Oil and Gas Analytics Historical Market (2018-2023)
8.3 Global Oil and Gas Analytics Market Forecast (2024-2032)
8.4 Global Oil and Gas Analytics Market by Component
8.4.1 Software
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Service
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.5 Global Oil and Gas Analytics Market by Deployment Model
8.5.1 Cloud-based
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 On-premises
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.6 Global Oil and Gas Analytics Market by Organisation Size
8.6.1 Small and Medium Businesses
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Large Enterprises
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.7 Global Oil and Gas Analytics Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2023)
8.7.4.3 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2023)
8.7.5.3 Forecast Trend (2024-2032)
9 North America Oil and Gas Analytics Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Oil and Gas Analytics Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Oil and Gas Analytics Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Oil and Gas Analytics Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Oil and Gas Analytics Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 SAS Institute Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Oracle Corporation
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Accenture Plc
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 IBM Corporation
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 SAP SE
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 TIBCO Software Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Northwest Analytics, Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Oil and Gas Analytics Market: Key Industry Highlights, 2017 and 2027
2. Global Oil and Gas Analytics Historical Market: Breakup by Component (USD Million), 2018-2023
3. Global Oil and Gas Analytics Market Forecast: Breakup by Component (USD Million), 2024-2032
4. Global Oil and Gas Analytics Historical Market: Breakup by Deployment Model (USD Million), 2018-2023
5. Global Oil and Gas Analytics Market Forecast: Breakup by Deployment Model (USD Million), 2024-2032
6. Global Oil and Gas Analytics Historical Market: Breakup by Organisaton Size (USD Million), 2018-2023
7. Global Oil and Gas Analytics Market Forecast: Breakup by Organisaton Size (USD Million), 2024-2032
8. Global Oil and Gas Analytics Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Oil and Gas Analytics Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Oil and Gas Analytics Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Oil and Gas Analytics Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Oil and Gas Analytics Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Oil and Gas Analytics Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Oil and Gas Analytics Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Oil and Gas Analytics Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Oil and Gas Analytics Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Oil and Gas Analytics Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Oil and Gas Analytics Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Oil and Gas Analytics Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Oil and Gas Analytics Market Structure

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