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Upstream Oil & Gas Analytics Market Share

Report ID: GMI5788
Published Date: Dec 2024
Report Format: PDF

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Upstream Oil & Gas Analytics Market Share

Global Upstream Oil & Gas Analytics Company Market Share Analysis, 2024

Accenture has established itself as a key player in the upstream oil and gas analytics market, providing a wide range of services, including on-premise and cloud-based solutions. The growing adoption of analytics software across the sector, combined with ongoing technological advancements by market leaders, is expected to significantly improve the industry's outlook.

Upstream Oil & Gas Analytics Market Companies

Some of the key players operating across the upstream oil & gas analytics industry are:

Accenture
Capgemini
Cisco Systems
Cognizant
Deloitte
Hewlett Packard Enterprise
Hitachi
IBM
Microsoft
Oracle
SAP
SAS Institute
Tableau Software
Teradata
TIBCO Software

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The global market for upstream oil & gas analytics was reached USD 4.4 billion in 2024 and is expected to grow at a 24.2% CAGR from 2025 to 2034, driven by the shift toward cloud-based analytics platforms.

The on-premise segment is set to reach over USD 7.3 billion by 2034, as it provides greater control over data, addressing critical security and confidentiality concerns.

The cloud segment is expected to expand at a CAGR of more than 23.3% through 2034, offering a cost-effective alternative to traditional on-premise systems and optimizing operational costs.

The U.S. upstream oil & gas analytics market is projected to exceed USD 9.5 billion by 2034, led by the optimization of hydraulic fracturing and well completion processes through advanced analytics.

Key players in the upstream oil & gas analytics industry include Accenture, Capgemini, Cisco Systems, Cognizant, Deloitte, Hewlett Packard Enterprise, Hitachi, IBM, Microsoft, Oracle, SAP, SAS Institute, Tableau Software, Teradata, and TIBCO Software.