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Midstream Oil & Gas Analytics Market Share

Report ID: GMI6174
Published Date: Jul 2023
Report Format: PDF

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Midstream Oil & Gas Analytics Market Share

Some of the key players operating across the midstream oil & gas analytics market are:

Tableau Software
TIBCO Software Inc
Teradata
Cisco Systems, Inc
Accenture
Cognizant
Oracle
Microsoft Corporation
SAP SE
Deloitte
Hewlett Packard Enterprise Company
Capgemini
SAS Institute Inc
Hitachi Ltd
IBM

Increasing focus on the deployment of analytics software across the industry along with various technological innovations by these players will enhance the overall market scenario.

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of Midstream oil & gas analytics was worth over USD 1.5 billion in 2023 and is projected to record 25.4% CAGR from 2024 to 2032 due to the rising need for cost savings, increased workforce productivity, optimized operations, and enhanced decision-making capabilities.

The on-premise deployed midstream oil & gas analytics is set to observe over 22% CAGR through 2032 owing to the surging emphasis on data privacy and the rise in the number of cyber-attacks.

The pipeline SCADA application held more than 52% share of the midstream oil & gas analytics industry in 2022 and will grow at a lucrative pace by 2032 due to the growing focus on leveraging data analytics and machine learning techniques.

Asia Pacific market for midstream oil & gas analytics is set to witness over 24.5% CAGR from 2023-2032 driven by the thriving need for leveraging analytics solutions for optimizing operations and improving efficiency in the region.