Research scope of the global mobility management by oil and gas industry
Research analysts predict the global mobility management by oil and gas industry to grow at a CAGR of over 23% during the forecast period. This research report considers the sales of mobility solutions in the oil and gas sector. The mobility solutions used in the industry include:
Software (revenue generated through licensing and subscription of mobile-based software and analytical tools)
Services (revenue generated through consulting services, custom application development services, integration, and managed services)
Falling oil prices and stringent rules and regulations in this sector create a challenging environment for oil and gas companies. Companies are facing diminishing profit margins due to the high cost of operations.
To control costs, Oil and gas companies are investing in mobile solutions to manage their globally stationed workforce, assets, and compliance requirements. Mobile technologies are continuously evolving, and the proliferation of mobile devices has increased the adoption of IT. The increasing usage of devices such as smartphones and tablets will continue to propel the growth of this market until 2019.
Emergence of analytics in the oil and gas industry
Data volumes generated in the oil and gas sector is likely to increase exponentially over the next few years, and smart oil fields are expected to drive the use of big data analytics solutions in this sector.
With advances in technology, geophones installed in the oilfields help monitor and observe hydraulic fracture flow backs. Smart oilfields also measure and store data using installed fiber. The measurement includes different flow rates, pressures, temperatures, and other data such as electrical submersible pump parameters, and power usage. Considering the huge volumes of data generated, service providers are coming up with sophisticated algorithms and software tools to enhance decision-making and optimize productivity.
Technavio estimates that over the next four years, different types of data measurement systems will be developed to measure, automate, and assist drilling on the rig floor.
Geographical segmentation of global mobility management by oil and gas industry
Data security is a rising concern for oil and gas refineries in the Middle East region. The need for threat management is predicted to significantly drive analytics spending in this region. Increased investments by the region on mobile analytics for visualizing data patterns will continue to drive this market over the next four years.
Competitive analysis of global mobility management by oil and gas industry
Key questions answered in the report
What are the key factors driving the global mobility management by oil and gas industry?
What are the key market trends impacting the growth of the global mobility management by oil and gas industry??
What are the various opportunities and threats faced by the vendors in the global mobility management by oil and gas industry?
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Technavio also offers customization on reports based on specific client requirement.
Table of Contents:
PART 01: Executive summary
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: Market landscape
• Market overview
• Five forces analysis
PART 06: Geographical segmentation
• Geographical segmentation
PART 07: Market drivers
• Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
• Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
• Vendor analysis
• Other prominent vendors
PART 13: Key vendor analysis
• Cisco Systems
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