The data business in the oil & gas market is anticipated to expand its roots at a steady CAGR of 16.7% during the forecast period. The market is likely to hold a revenue of USD 36.43 billion in 2023 while it is anticipated to cross a value of USD 171.18 billion by 2033.
Oil and gas companies have been able to operate efficiently in a low-cost environment by implementing and utilizing real-time analytics and predictive analytics systems. This has allowed them to focus on operating costs and capital expenditure.
The rise in popularity of real-time analysis and predictive analytics solutions, and the spike in several cyber-attacks and data breaches are among the key factors driving the data business in oil & gas market growth.
| Attributes | Details |
|---|---|
| Data Business in Oil & Gas Market CAGR (2023 to 2033) | 16.7% |
| Data Business in Oil & Gas Market Size (2023) | USD 36.43 billion |
| Data Business in Oil & Gas Market Size (2033) | USD 171.18 billion |
In the data business in oil & gas market, big data refers to a vast volume of data generated at a high rate in a variety of formats, including structured and unstructured data generated by various operations and financial activities.
The demand for data business in oil & gas market is anticipated to rise as by using diverse analytical tools and approaches, big data is used to generate useful information for better decision making.
A key factor propelling the adoption of data business in oil & gas industry includes the ability of big data to make efficient and better judgments, which can lead to enhanced operational efficiency, reduced risk, and cost savings. Oil and gas companies can move away from traditional real-time monitoring and toward faster real-time predictions with the best technology solutions.
The adoption of data business in oil & gas industry is significantly expanding. This growth can be attributed to factors such as:
The demand for data business in oil & gas market is rising due to technological advancements and innovations, and the introduction of new products in this field to improve data management efficiency.
Several new oil and gas companies are entering the global market to provide niche solutions at competitive prices, which is expected to accelerate data business in oil & gas market growth. However, certain factors are limiting the growth of the global data business in oil & gas market, which include:
A lack of understanding of the benefits of adoption of data business in oil & gas industry.
A high initial investment is required to implement a data management solution.
An increasing level of challenges arises from the growing volume and velocity of data, and the high time, costs, and risks associated with managing and moving data. To close the gap between supply and demand, oil exploration companies are looking for oilfields in remote and harsh environments.
Most oil and gas companies are following the trend of exploitation of offshore deep-water reserves and developing unconventional reserves. To optimize performance and maintain safety standards, this is anticipated to boost the demand for data business in oil & gas market, IT infrastructure, data analysis, and consultation services.
A significant drop in the oil price index has an impact on companies' return on investment (ROI), resulting in a continuous reduction in headcount and capital expenditure. As a result, the demand for effective and efficient use of large amounts of data to make technical decisions has grown. Due to this, the demand for data business in oil & gas market is increased.
Market players are likely to have new opportunities, as pervasive computing devices, advanced storage capabilities, and new analytic tools become widely adopted,
Oil and gas producers can now obtain real-time data from previously inaccessible areas at low costs to improve the performance of their oil fields and plants. For example, key players combine nearby good production with real-time down-hole drilling data to help them adapt their drilling strategy, particularly in unconventional fields. As a result of these factors, the adoption of the data business in oil & gas industry is anticipated to grow notably during the forecast period.
| Countries | Revenue Share % (2023) |
|---|---|
| The United States | 19.7% |
| Germany | 6.3% |
| Japan | 4.3% |
| Australia | 3.3% |
| Countries | CAGR % (2023 to 2033) |
|---|---|
| China | 18.6% |
| India | 18.3% |
| The United Kingdom | 16.4% |
North America region is expected to dominate the data business in oil & gas market, accounting for USD 40.9 billion with a CAGR of 16.1% during the forecast period. This growth is due to an increase in production and drilling activities in the oil and gas sector. North America held a market share of 34.2% in 2022.
Europe, followed by Asia Pacific, is expected to see increased demand over the forecast period as a result of increased focus on operational efficiency and increased usage. This region is also likely to dominate the market in the near future.
Asia Pacific is expected to see healthy growth in countries such as India and China over the forecast period, which is expected to switch to big data for making any kind of strategic decisions, as well as growth opportunities in other Asia Pacific countries.
India’s data business in oil & gas market is anticipated to expand at a CAGR of 18.3%, while China’s market is projected to expand at a CAGR of 18.6%. The above-mentioned factors are anticipated to drive the demand for market growth.
The market in Latin America, the Middle East, and Africa are set for expansion. This is due to an increase in oil production, which has been accompanied by increased drilling activity in countries such as Saudi Arabia, Iran, and Israel, which are expected to dominate the market.
| Category | By Component Type |
|---|---|
| Leading Segment | Data Management |
| Market Share (2022) | 45.4% |
| Category | By oil companies Type |
|---|---|
| Leading Segment | Independent Oil Companies |
| Market Share (2022) | 40.3% |
Based on components, the data management segment is anticipated to dominate the data business in oil & gas market as it held a market share of 45.4% in 2022. The data management segment is expected to be driven by the rising trend of cloud adoption in the coming years.
Data breaches are becoming common around the world, necessitating the modernization of existing enterprise infrastructure. As a result, global enterprise data management infrastructure modernization is expected to boost the demand for data business solutions in oil & gas in the forthcoming years.
The lack of complete data security assurance and misuse of collected data are stifling the adoption of data business in oil & gas industry in both international and domestic markets.
Based on the application, the upstream segment is anticipated to dominate the data business in oil & gas market with a CAGR of 16.8%. The demand for data business in oil & gas solutions is rising due to various services and maintenance activities requiring data analysis in various natural gas and oil-producing companies.
The key strategy used by industry players to achieve growth in the data business in oil & gas market is new product launches. This growth strategy accounted for 42.86 percent of all market players' growth strategies.
Market players are concentrating their efforts on expanding into new markets by launching technologically advanced and innovative oil and gas data management solutions and services in both established and emerging markets. The leading companies that have adopted this strategy are those developed innovative solutions for business needs.
Market Developments
The key strategy used by industry players to achieve growth in the data business in oil & gas market is new product launches. This growth strategy accounted for 42.86 percent of all market players' growth strategies.
Market players are concentrating their efforts on expanding into new markets by launching technologically advanced and innovative oil and gas data management solutions and services in both established and emerging markets. The leading companies that have adopted this strategy are those developed innovative solutions for business needs.
Market Developments
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Oil Companies, 2018 to 2033
Table 4: Global Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 5: Global Market Value (US$ Million) Forecast by E&P Lifecycle, 2018 to 2033
Table 6: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 7: North America Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 8: North America Market Value (US$ Million) Forecast by Oil Companies, 2018 to 2033
Table 9: North America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 10: North America Market Value (US$ Million) Forecast by E&P Lifecycle, 2018 to 2033
Table 11: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 12: Latin America Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 13: Latin America Market Value (US$ Million) Forecast by Oil Companies, 2018 to 2033
Table 14: Latin America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 15: Latin America Market Value (US$ Million) Forecast by E&P Lifecycle, 2018 to 2033
Table 16: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 17: Europe Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 18: Europe Market Value (US$ Million) Forecast by Oil Companies, 2018 to 2033
Table 19: Europe Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 20: Europe Market Value (US$ Million) Forecast by E&P Lifecycle, 2018 to 2033
Table 21: South Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 22: South Asia Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 23: South Asia Market Value (US$ Million) Forecast by Oil Companies, 2018 to 2033
Table 24: South Asia Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 25: South Asia Market Value (US$ Million) Forecast by E&P Lifecycle, 2018 to 2033
Table 26: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 27: East Asia Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 28: East Asia Market Value (US$ Million) Forecast by Oil Companies, 2018 to 2033
Table 29: East Asia Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 30: East Asia Market Value (US$ Million) Forecast by E&P Lifecycle, 2018 to 2033
Table 31: Oceania Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 32: Oceania Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 33: Oceania Market Value (US$ Million) Forecast by Oil Companies, 2018 to 2033
Table 34: Oceania Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 35: Oceania Market Value (US$ Million) Forecast by E&P Lifecycle, 2018 to 2033
Table 36: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 37: MEA Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 38: MEA Market Value (US$ Million) Forecast by Oil Companies, 2018 to 2033
Table 39: MEA Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 40: MEA Market Value (US$ Million) Forecast by E&P Lifecycle, 2018 to 2033
Figure 1: Global Market Value (US$ Million) by Component, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Oil Companies, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Application, 2023 to 2033
Figure 4: Global Market Value (US$ Million) by E&P Lifecycle, 2023 to 2033
Figure 5: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 6: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 9: Global Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 10: Global Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 11: Global Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 12: Global Market Value (US$ Million) Analysis by Oil Companies, 2018 to 2033
Figure 13: Global Market Value Share (%) and BPS Analysis by Oil Companies, 2023 to 2033
Figure 14: Global Market Y-o-Y Growth (%) Projections by Oil Companies, 2023 to 2033
Figure 15: Global Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 16: Global Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 17: Global Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 18: Global Market Value (US$ Million) Analysis by E&P Lifecycle, 2018 to 2033
Figure 19: Global Market Value Share (%) and BPS Analysis by E&P Lifecycle, 2023 to 2033
Figure 20: Global Market Y-o-Y Growth (%) Projections by E&P Lifecycle, 2023 to 2033
Figure 21: Global Market Attractiveness by Component, 2023 to 2033
Figure 22: Global Market Attractiveness by Oil Companies, 2023 to 2033
Figure 23: Global Market Attractiveness by Application, 2023 to 2033
Figure 24: Global Market Attractiveness by E&P Lifecycle, 2023 to 2033
Figure 25: Global Market Attractiveness by Region, 2023 to 2033
Figure 26: North America Market Value (US$ Million) by Component, 2023 to 2033
Figure 27: North America Market Value (US$ Million) by Oil Companies, 2023 to 2033
Figure 28: North America Market Value (US$ Million) by Application, 2023 to 2033
Figure 29: North America Market Value (US$ Million) by E&P Lifecycle, 2023 to 2033
Figure 30: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 31: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 32: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 33: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 34: North America Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 35: North America Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 36: North America Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 37: North America Market Value (US$ Million) Analysis by Oil Companies, 2018 to 2033
Figure 38: North America Market Value Share (%) and BPS Analysis by Oil Companies, 2023 to 2033
Figure 39: North America Market Y-o-Y Growth (%) Projections by Oil Companies, 2023 to 2033
Figure 40: North America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 41: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 42: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 43: North America Market Value (US$ Million) Analysis by E&P Lifecycle, 2018 to 2033
Figure 44: North America Market Value Share (%) and BPS Analysis by E&P Lifecycle, 2023 to 2033
Figure 45: North America Market Y-o-Y Growth (%) Projections by E&P Lifecycle, 2023 to 2033
Figure 46: North America Market Attractiveness by Component, 2023 to 2033
Figure 47: North America Market Attractiveness by Oil Companies, 2023 to 2033
Figure 48: North America Market Attractiveness by Application, 2023 to 2033
Figure 49: North America Market Attractiveness by E&P Lifecycle, 2023 to 2033
Figure 50: North America Market Attractiveness by Country, 2023 to 2033
Figure 51: Latin America Market Value (US$ Million) by Component, 2023 to 2033
Figure 52: Latin America Market Value (US$ Million) by Oil Companies, 2023 to 2033
Figure 53: Latin America Market Value (US$ Million) by Application, 2023 to 2033
Figure 54: Latin America Market Value (US$ Million) by E&P Lifecycle, 2023 to 2033
Figure 55: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 56: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 57: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 58: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 59: Latin America Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 60: Latin America Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 61: Latin America Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 62: Latin America Market Value (US$ Million) Analysis by Oil Companies, 2018 to 2033
Figure 63: Latin America Market Value Share (%) and BPS Analysis by Oil Companies, 2023 to 2033
Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Oil Companies, 2023 to 2033
Figure 65: Latin America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 66: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 67: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 68: Latin America Market Value (US$ Million) Analysis by E&P Lifecycle, 2018 to 2033
Figure 69: Latin America Market Value Share (%) and BPS Analysis by E&P Lifecycle, 2023 to 2033
Figure 70: Latin America Market Y-o-Y Growth (%) Projections by E&P Lifecycle, 2023 to 2033
Figure 71: Latin America Market Attractiveness by Component, 2023 to 2033
Figure 72: Latin America Market Attractiveness by Oil Companies, 2023 to 2033
Figure 73: Latin America Market Attractiveness by Application, 2023 to 2033
Figure 74: Latin America Market Attractiveness by E&P Lifecycle, 2023 to 2033
Figure 75: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 76: Europe Market Value (US$ Million) by Component, 2023 to 2033
Figure 77: Europe Market Value (US$ Million) by Oil Companies, 2023 to 2033
Figure 78: Europe Market Value (US$ Million) by Application, 2023 to 2033
Figure 79: Europe Market Value (US$ Million) by E&P Lifecycle, 2023 to 2033
Figure 80: Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 81: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 82: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 83: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 84: Europe Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 85: Europe Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 86: Europe Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 87: Europe Market Value (US$ Million) Analysis by Oil Companies, 2018 to 2033
Figure 88: Europe Market Value Share (%) and BPS Analysis by Oil Companies, 2023 to 2033
Figure 89: Europe Market Y-o-Y Growth (%) Projections by Oil Companies, 2023 to 2033
Figure 90: Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 91: Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 92: Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 93: Europe Market Value (US$ Million) Analysis by E&P Lifecycle, 2018 to 2033
Figure 94: Europe Market Value Share (%) and BPS Analysis by E&P Lifecycle, 2023 to 2033
Figure 95: Europe Market Y-o-Y Growth (%) Projections by E&P Lifecycle, 2023 to 2033
Figure 96: Europe Market Attractiveness by Component, 2023 to 2033
Figure 97: Europe Market Attractiveness by Oil Companies, 2023 to 2033
Figure 98: Europe Market Attractiveness by Application, 2023 to 2033
Figure 99: Europe Market Attractiveness by E&P Lifecycle, 2023 to 2033
Figure 100: Europe Market Attractiveness by Country, 2023 to 2033
Figure 101: South Asia Market Value (US$ Million) by Component, 2023 to 2033
Figure 102: South Asia Market Value (US$ Million) by Oil Companies, 2023 to 2033
Figure 103: South Asia Market Value (US$ Million) by Application, 2023 to 2033
Figure 104: South Asia Market Value (US$ Million) by E&P Lifecycle, 2023 to 2033
Figure 105: South Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 106: South Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 107: South Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 108: South Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 109: South Asia Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 110: South Asia Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 111: South Asia Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 112: South Asia Market Value (US$ Million) Analysis by Oil Companies, 2018 to 2033
Figure 113: South Asia Market Value Share (%) and BPS Analysis by Oil Companies, 2023 to 2033
Figure 114: South Asia Market Y-o-Y Growth (%) Projections by Oil Companies, 2023 to 2033
Figure 115: South Asia Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 116: South Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 117: South Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 118: South Asia Market Value (US$ Million) Analysis by E&P Lifecycle, 2018 to 2033
Figure 119: South Asia Market Value Share (%) and BPS Analysis by E&P Lifecycle, 2023 to 2033
Figure 120: South Asia Market Y-o-Y Growth (%) Projections by E&P Lifecycle, 2023 to 2033
Figure 121: South Asia Market Attractiveness by Component, 2023 to 2033
Figure 122: South Asia Market Attractiveness by Oil Companies, 2023 to 2033
Figure 123: South Asia Market Attractiveness by Application, 2023 to 2033
Figure 124: South Asia Market Attractiveness by E&P Lifecycle, 2023 to 2033
Figure 125: South Asia Market Attractiveness by Country, 2023 to 2033
Figure 126: East Asia Market Value (US$ Million) by Component, 2023 to 2033
Figure 127: East Asia Market Value (US$ Million) by Oil Companies, 2023 to 2033
Figure 128: East Asia Market Value (US$ Million) by Application, 2023 to 2033
Figure 129: East Asia Market Value (US$ Million) by E&P Lifecycle, 2023 to 2033
Figure 130: East Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 131: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 132: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 133: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 134: East Asia Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 135: East Asia Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 136: East Asia Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 137: East Asia Market Value (US$ Million) Analysis by Oil Companies, 2018 to 2033
Figure 138: East Asia Market Value Share (%) and BPS Analysis by Oil Companies, 2023 to 2033
Figure 139: East Asia Market Y-o-Y Growth (%) Projections by Oil Companies, 2023 to 2033
Figure 140: East Asia Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 141: East Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 142: East Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 143: East Asia Market Value (US$ Million) Analysis by E&P Lifecycle, 2018 to 2033
Figure 144: East Asia Market Value Share (%) and BPS Analysis by E&P Lifecycle, 2023 to 2033
Figure 145: East Asia Market Y-o-Y Growth (%) Projections by E&P Lifecycle, 2023 to 2033
Figure 146: East Asia Market Attractiveness by Component, 2023 to 2033
Figure 147: East Asia Market Attractiveness by Oil Companies, 2023 to 2033
Figure 148: East Asia Market Attractiveness by Application, 2023 to 2033
Figure 149: East Asia Market Attractiveness by E&P Lifecycle, 2023 to 2033
Figure 150: East Asia Market Attractiveness by Country, 2023 to 2033
Figure 151: Oceania Market Value (US$ Million) by Component, 2023 to 2033
Figure 152: Oceania Market Value (US$ Million) by Oil Companies, 2023 to 2033
Figure 153: Oceania Market Value (US$ Million) by Application, 2023 to 2033
Figure 154: Oceania Market Value (US$ Million) by E&P Lifecycle, 2023 to 2033
Figure 155: Oceania Market Value (US$ Million) by Country, 2023 to 2033
Figure 156: Oceania Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 157: Oceania Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 158: Oceania Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 159: Oceania Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 160: Oceania Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 161: Oceania Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 162: Oceania Market Value (US$ Million) Analysis by Oil Companies, 2018 to 2033
Figure 163: Oceania Market Value Share (%) and BPS Analysis by Oil Companies, 2023 to 2033
Figure 164: Oceania Market Y-o-Y Growth (%) Projections by Oil Companies, 2023 to 2033
Figure 165: Oceania Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 166: Oceania Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 167: Oceania Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 168: Oceania Market Value (US$ Million) Analysis by E&P Lifecycle, 2018 to 2033
Figure 169: Oceania Market Value Share (%) and BPS Analysis by E&P Lifecycle, 2023 to 2033
Figure 170: Oceania Market Y-o-Y Growth (%) Projections by E&P Lifecycle, 2023 to 2033
Figure 171: Oceania Market Attractiveness by Component, 2023 to 2033
Figure 172: Oceania Market Attractiveness by Oil Companies, 2023 to 2033
Figure 173: Oceania Market Attractiveness by Application, 2023 to 2033
Figure 174: Oceania Market Attractiveness by E&P Lifecycle, 2023 to 2033
Figure 175: Oceania Market Attractiveness by Country, 2023 to 2033
Figure 176: MEA Market Value (US$ Million) by Component, 2023 to 2033
Figure 177: MEA Market Value (US$ Million) by Oil Companies, 2023 to 2033
Figure 178: MEA Market Value (US$ Million) by Application, 2023 to 2033
Figure 179: MEA Market Value (US$ Million) by E&P Lifecycle, 2023 to 2033
Figure 180: MEA Market Value (US$ Million) by Country, 2023 to 2033
Figure 181: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 182: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 183: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 184: MEA Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 185: MEA Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 186: MEA Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 187: MEA Market Value (US$ Million) Analysis by Oil Companies, 2018 to 2033
Figure 188: MEA Market Value Share (%) and BPS Analysis by Oil Companies, 2023 to 2033
Figure 189: MEA Market Y-o-Y Growth (%) Projections by Oil Companies, 2023 to 2033
Figure 190: MEA Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 191: MEA Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 192: MEA Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 193: MEA Market Value (US$ Million) Analysis by E&P Lifecycle, 2018 to 2033
Figure 194: MEA Market Value Share (%) and BPS Analysis by E&P Lifecycle, 2023 to 2033
Figure 195: MEA Market Y-o-Y Growth (%) Projections by E&P Lifecycle, 2023 to 2033
Figure 196: MEA Market Attractiveness by Component, 2023 to 2033
Figure 197: MEA Market Attractiveness by Oil Companies, 2023 to 2033
Figure 198: MEA Market Attractiveness by Application, 2023 to 2033
Figure 199: MEA Market Attractiveness by E&P Lifecycle, 2023 to 2033
Figure 200: MEA Market Attractiveness by Country, 2023 to 2033
The data business in oil & gas market value reaches USD 36.43 billion in 2023.
The data business in oil & gas market is anticipated to surpass USD 171.18 billion by 2033, recording a CAGR of 16.7%.
The data management segment, with a 45.4% market share in 2022, is set to lead in the data business in oil & gas market.
With a market share of 34.2% in 2022, North America remains the focal hub of the data business in oil & gas market.
Key data business in oil & gas market players are Accenture, Datameer, Datawatch, General Electric, and Hitachi Vantara Corporation.
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Data Business in Oil & Gas Market
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