About Global IT Spending in the Oil and Gas Industry
The oil and gas industry includes processes of hydrocarbon exploration, extraction, refining, and transportation. The finished product is transported by tankers and pipelines and is subsequently marketed. The industry's largest volume products are fuel oil and gasoline. Products such as petroleum are often used as the raw material to manufacture fertilizers, solvents, pharmaceuticals, plastics, and pesticides. The overall industry is divided into three major components, upstream, midstream, and downstream operations.
The oil and gas industry has exerted significant efforts to boost operational ef?ciency and reduce costs. To that end, information technologies have emerged as a core component of almost all industry operations, from extraction to logistics and sales.
Technavio’s analysts forecast the Global IT Spending in Oil and Gas Industry to generate revenues of USD 48.54 billion 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 Oil and Gas Industry for 2016-2020.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global IT Spending in Oil and Gas Industry 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
• Alcatel-Lucent
• Capgemini
• CGI Group
• Cisco Systems
• CSC
• GE Oil and Gas
• Hitachi
• Huawei Technologies
• Indra Sistemas
• HCL Technologies
• Oracle
• Siemens
• TCS
• Tech Mahindra
• Wipro
Market driver
• Enhances resource efficiency
• For a full, detailed list, view our report
Market challenge
• Increased complexity of operation process
• For a full, detailed list, view our report
Market trend
• Digital oil field framework
• 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.
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Economic overview
PART 06: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 07: Market segmentation by category
• Segmentation of global IT spending in oil and gas industry by category
• Hardware
• Software
• Services
PART 08: Geographical segmentation
• Segmentation of global IT spending in oil and gas industry by geography
• Americas
• EMEA
• APAC
PART 09: Market drivers
• Aids in optimizing production
• Enable cost-effective inspections
• Enhances efficiency of resources
• Provision of security solutions
PART 10: Impact of drivers
PART 11: Market challenges
• Need for quick building of multidisciplinary technical expertise in workforce
• Increased complexity of operation process
• Reduced profitability of oil and gas providers
• Compliance with regulations and guidelines
PART 12: Impact of drivers and challenges
PART 13: Market trends
• Digital oil field framework
• Big data analytics
• Wireless technologies
• Mobility management
PART 14: Vendor landscape
• Competitive landscape
• Major vendors
• Other prominent vendors
PART 15: Key vendor analysis
• Dell
• IBM
• Infosys
• SAP
PART 16: Appendix
• List of abbreviations
PART 17: Explore Technavio
Exhibit 01: Countries covered for market analysis
Exhibit 02: Product offerings
Exhibit 03: IT solutions offered in oil and gas industry
Exhibit 04: Global IT spending in oil and gas industry ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Segmentation of global IT spending by category in oil and gas industry 2015
Exhibit 07: Segmentation of global IT spending by category in oil and gas industry 2020
Exhibit 08: Segmentation of global IT spending in oil and gas industry by category 2015-2020 ($ billions)
Exhibit 09: Segmentation of global IT spending in oil and gas industry by category 2015-2020
Exhibit 10: Global IT spending on hardware in oil and gas industry 2015-2020 ($ billions)
Exhibit 11: Global IT spending on software in oil and gas industry 2015-2020 ($ billions)
Exhibit 12: Global IT spending in oil and gas industry on services 2015-2020 ($ billions)
Exhibit 13: Segmentation of global IT spending in oil and gas industry by geography 2015
Exhibit 14: Impact of drivers
Exhibit 15: Impact of drivers and challenges
Exhibit 16: Service map of digital oilfield services offered by prevalent vendors
Exhibit 17: Dell: Energy industry service offerings
Exhibit 18: IBM: Oil and gas industry service offerings
Exhibit 19: Infosys: Service offerings
Exhibit 20: Infosys: Oil and gas industry offerings
Exhibit 21: SAP: Oil and gas solutions
