Global Oil and Gas Data Management Market Growth (Status and Outlook) 2023-2029
Oil and Gas companies, typically, have numerous information systems laboring through abundant data that form the backbone for a number of business decisions. Moreover, there is an explosive increase in the volume of data that has become available and it continues to grow exponentially. The fundamental responsibilities of data management include overseeing data through program coordination, integration across systems, establishing quality processes, developing new systems and support operations.
LPI (LP Information)' newest research report, the “Oil and Gas Data Management Industry Forecast” looks at past sales and reviews total world Oil and Gas Data Management sales in 2022, providing a comprehensive analysis by region and market sector of projected Oil and Gas Data Management sales for 2023 through 2029. With Oil and Gas Data Management sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Oil and Gas Data Management industry.
This Insight Report provides a comprehensive analysis of the global Oil and Gas Data Management landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Oil and Gas Data Management portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Oil and Gas Data Management market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Oil and Gas Data Management and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Oil and Gas Data Management.
The global Oil and Gas Data Management market size is projected to grow from US$ 1653.3 million in 2022 to US$ 3129.4 million in 2029; it is expected to grow at a CAGR of 9.5% from 2023 to 2029.
The oil and gas data management market has been broadly segmented into three main categories which includes IT infrastructure, Data management and Services. The rising trend of adoption of modern technologies and solutions in the entire value chain of oil and gas sector is playing huge role for companies to achieve the best operational efficiency targets set by oil and gas companies.
This report presents a comprehensive overview, market shares, and growth opportunities of Oil and Gas Data Management market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Hardware
Software
Segmentation by application
Upstream
Midstream
Downstream
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
SAP
IBM
Wipro
Netapp
Oracle
Hitachi
EMC
Hewlett-Packard
Cisco Systems
SAS
Please note: The report will take approximately 2 business days to prepare and deliver.