About IT Spending in Energy Sector
IT spending comprises the spending of the enterprise on the procurement of IT solutions and services in the energy sector. Energy firms like the oil and gas companies along with the power companies require IT solutions such as on-premises of cloud-based software solutions, networking devices, equipment, and IT support services.
Technavio’s analysts forecast the global IT spending in energy sector to grow at a CAGR of 3.18% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global IT spending in energy sector for 2016-2020. To calculate the market size, the report considers the revenue generated by vendors providing IT products, solutions, and services for energy firms operating businesses in the oil and gas and the power sectors.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global IT Spending in Energy Sector 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Dell
• IBM
• Infosys
• SAP
Other prominent vendors
• ABB Limited
• Alcatel-Lucent
• Capgemini
• Cisco
• Systems
• GE Oil and Gas
• Hitachi
• Huawei Technologies
• HCL Technologies
• Oracle
• Siemens
• TCS
Market driver
• Digital transformation and automation of energy sector.
• For a full, detailed list, view our report
Market challenge
• System integration and interoperability issues.
• For a full, detailed list, view our report
Market trend
• Energy analytics spending is on the rise.
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Countries covered
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
• Economic overview
PART 05: Market landscape
• Market overview
• Five forces analysis
PART 06: Market segmentation by technology spending
• Global IT spending in energy sector by technology spending
• IT services
• Software
• Hardware
PART 07: Geographical segmentation
• Global IT spending in energy sector by geography
• Americas
• EMEA
• APAC
PART 08: Market drivers
• Emergence of industry 4.0 technologies
• Need to comply with regulations and guidelines
• Increased spending in public sector projects
• Digital transformation and automation of energy sector
PART 09: Impact of drivers
PART 10: Market challenges
• High cost of upgrading smart grids
• Data privacy and security risks
• System integration and interoperability issues
• Increasing operational complexities
PART 11: Impact of drivers and challenges
PART 12: Market trends
• Energy analytics spending is on the rise
• Emergence of cloud computing
• Advent of Internet of Things
• Proliferation of smart grids
• Evolution of digital oil field framework
PART 13: Vendor landscape
• Competitive landscape
• Other prominent vendors
PART 14: Key vendor profile
• Dell
• IBM
• Infosys
• SAP
PART 15: Appendix
• List of abbreviations
PART 16: Explore Technavio
List of Exhibits
Exhibit 01: IT spending in energy sector market segmentation by technology spending
Exhibit 02: Countries covered for market analysis
Exhibit 03: Product offerings
Exhibit 04: Global IT spending in energy sector market 2015-2020 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Global IT spending in energy sector by IT solution
Exhibit 07: Global IT services spending in energy sector market 2015-2020 ($ billions)
Exhibit 08: Global IT services spending in energy sector market 2015-2020 ($ billions)
Exhibit 09: Global IT services spending in energy sector market 2015-2020 ($ billions)
Exhibit 10: Global IT spending in energy sector by geography
Exhibit 11: Impact of drivers
Exhibit 12: Impact of drivers and challenges
Exhibit 13: Competitive factors among IT vendors in energy sector
Exhibit 14: Other prominent vendors
Exhibit 15: Dell: Energy industry service offerings
Exhibit 16: Recent developments
Exhibit 17: IBM: Oil and gas industry service offerings
Exhibit 18: Recent developments
Exhibit 19: Infosys: Service offerings
Exhibit 20: Infosys: Oil and gas industry offerings
Exhibit 21: SAP: Oil and gas solutions
Exhibit 22: Recent developments
