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Upstream Oil & Gas Analytics Market Share

Report ID: GMI5788
Published Date: May 2023
Report Format: PDF

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Upstream Oil & Gas Analytics Market Share

Some of the key players operating across the upstream oil & gas analytics industry 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 upstream oil & gas analytics surpassed USD 3.6 billion during 2023 and will register 24.1% CAGR during 2024-2032, with increasing acceptance of digitalization trend and the focus on optimizing production.

Upstream oil & gas analytics industry size from on-premises deployment model will record 22% growth rate from 2023 to 2032, with a higher focus on data privacy and a surge in cyber-attack risks.

Exploration and drilling applications held over 29% of the industry share in 2022, due to requirements for monitoring, planning and maintenance across the various stages.

North America upstream oil & gas analytics industry is expected to witness significant growth by 2032 due to increased penetration of shale reserves, development of Lower-48 blocks, and the demand for cost-effective analytical products to monitor mature & abandoned oilfields.

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., and IBM are the leading industry participants.