Global Hydrocarbons Accounting Solution Market 2023-2029

Global Hydrocarbons Accounting Solution Market 2023-2029

Hydrocarbons accounting solution helps companies accurately measure their hydrocarbon production, optimize the efficiency of their hydrocarbon management processes, reduce costs, and minimize regulatory compliance risks. It enables companies to manage their production and inventory in real-time, ensuring accurate tracking of their resources from well to meter, and improving the reliability and consistency of their hydrocarbon management processes. The global hydrocarbons accounting solution market is projected to rise by USD 192.3 million by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 5.58 percent during the forecast period.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global hydrocarbons accounting solution market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the deployment mode, application type, and region. The global market for hydrocarbons accounting solution can be segmented by deployment mode: on-premises, cloud-based. The cloud-based segment was the largest contributor to the global hydrocarbons accounting solution market in 2022. Hydrocarbons accounting solution market is further segmented by application type: oil, natural gas, water. According to the research, the oil segment had the largest share in the global hydrocarbons accounting solution market. Based on region, the hydrocarbons accounting solution market is segmented into: North America, Europe, Asia-Pacific, Rest of the World (RoW). Rest of the World (RoW) held the largest revenue share in 2022.

Market Segmentation

By deployment mode: on-premises, cloud-based

By application type: oil, natural gas, water

By region: North America, Europe, Asia-Pacific, Rest of the World (RoW)

The report explores the recent developments and profiles of key vendors in the Global Hydrocarbons Accounting Solution Market, including SAP SE, P2 Energy Solutions, Inc., Tietoevry Oyj, Quorum Business Solutions, Inc., Schlumberger Limited, CGI Inc., Wipro Limited, Infosys Limited, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.



Scope of the Report

• To analyze and forecast the market size of the global hydrocarbons accounting solution market.
• To classify and forecast the global hydrocarbons accounting solution market based on deployment mode, application type, region.
• To identify drivers and challenges for the global hydrocarbons accounting solution market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global hydrocarbons accounting solution market.
• To identify and analyze the profile of leading players operating in the global hydrocarbons accounting solution market.

• Gain a reliable outlook of the global hydrocarbons accounting solution market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.