2017 Forecast – Oil & Gas Data Management Global Market, Industry Size, Share, Analysis and Opportunities to 2023
Latest industry research report on Oil & Gas Data Management Market. Technology that processes complicated and intensive data for oil & gas segment is termed as oil & gas data management system. For profitable operation under changing policies, regulations and trends, oil & gas sector are expected to manage such data processes well. The oil & gas companies are focusing on exploiting offshore reserves, that requires data analysis and consulting services to optimize business performance and adhere to safety standards.
Increased adoption of information technology to increase oilfield recovery, avoid non-productive time and garner huge profits through the development and installation of highly integrated workflow have contributed to the growth of the oil & gas data management market.
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However, lacks of awareness about the advantages of the data management systems have hampered the growth of the market to a greater extent. On the other hand, the advent of cutting edge technology in the oil & gas sector for constant geophysical assessment, refining, distribution, transportation and others are anticipated to create opportunities in the future.
Oil & gas data management market is segmented based on type and geography.
Oil & Gas Data Management Market By Type
- Information Technology Infrastructure
- Services
- Data Organization
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Oil & Gas Data Management Market Geography
- North America
- Europe
- Asia -Pacific
- LAMEA
Key Players
- Oracle
- IBM
- SAP
- NetApp
- Wipro
- DataCo
- Infosys
- Teradata
- TCS
- Capgemini
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