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Oil and Gas Mobility Market

Oil & Gas Mobility Market Analysis - By Oil & Gas Sector (Upstream, Midstream), By Application (Field Service Automation, Asset Management), By Region (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) – Global Industry Size, Share, Growth, Trends and Forecast to 2023.

  • ID : 14810830  |  
  • Published : Feb-2019  |  
  • Region : Global  |  
  • Pages : 150   |  
  • Publisher : Mordor Intelligence

Oil & Gas Mobility Market Size and Growth Rate:

According to our research report, the Oil & Gas Mobility Market Size was capitalized at USD XX Million in 2018. The Oil & Gas Mobility Market is expected to exceed USD XX million by 2023 and grow at a compound annual rate of XX% from 2018 to 2023.

The combination of offline access, high-volume data, and complex business files or data processing is a growing challenge in the oil & gas industry. Developing an enterprise mobility strategy can procure significant value in renovating the oil and gas business. It can reduce the time spent on mundane tasks and upsurge the overall productivity in the industry. Enterprise mobility solutions can lead to superior strategic achievements, enhanced recovery, and improved cost savings. Increasing usage of smartphones across the globe and developments of oil & gas specific mobile applications by various software giants are enabling is expected to solve the efficiency problems of oil & gas companies in coming years. In the upstream business, oil & gas companies can relish the ability to make better and quick decisions while far away from the fields.

Oil & Gas Mobility Market Growth Drivers and Restraints:

Since 2015, low oil prices have forced many oil & gas companies to work their respective assets harder in order to maximize oil and gas output, without necessarily developing new capital projects. Such a difficult business environment is highlighting the importance of implementing smart strategies and innovation such as mobility solutions to continuously maintain or increase oil & gas production. Various existing oil & gas fields across the globe are depleting and has raised concerns among the oil & gas companies regarding the optimum production. Various oilfield service providers are developing software to tackle the lower production by oilfields. In early 2018, Weatherford International released a new software for its ForeSite production optimization platform, which combines physics-based models with advanced machine-learning data analytics to improve performance across conventional and unconventional oil and gas assets. The software integrates with the CygNet SCADA platform to create an end-to-end production optimization solution. Hence, increasing need for production optimization is considered to be one of the major drivers for the oil & gas mobility market. Ability to visualize data. It helps them extend their value beyond the oil and gas refineries by real-time optimization of varied processes. Further, in order to continue surviving and thriving in the uncertainty environment, oil & gas producers are now transforming their operating and business models with urgency to reduce production costs by improving production efficiency in existing and new oil fields.

Oil & Gas Mobility Market Regional Analysis

Drilling activities in North America have been increasing amidst rising oil & gas prices. The North American rig count reached 1118 in the first week of May 2018. The US accounted for 1032 rigs while Canada and Gulf of Mexico had 86 rigs and 19 rigs operating respectively. The figure was up by 114 from the 974 rig counts recorded in the first week of May 2017. This surge in drilling activities has created optimism in the North American Oil & gas market. North America is the region which has benefited the most from the shale business in past few years. Further, the shift from vertical to horizontal wells is the most important change to occur over the last decade in the region, allowing for greater formation access, while only incrementally increasing the cost of the well. Within a few years, North American nonconventional production has also exploded and has raised demand for data management obtained in huge numbers at production sites. With rising shale developments in the region, the amount of data produced from oilfields are only expected to rise and if properly managed, may prove to be a significant cost optimizer for the shale industry in the region.

Some of the promising companies leading the Oil & Gas Mobility Market

  • Accenture Plc
  • Infosys Ltd.
  • Microsoft Corporation
  • Oracle Corporation
  • Hewlett Packard Enterprise Co
  • IBM Corporation Company
  • Wipro Ltd.
  • SAP SE

This research report includes following segmentation for the Oil & Gas Mobility Market Size and forecast until 2023

Oil & Gas Mobility Market - By Oil & Gas Sector

  • Upstream
  • Midstream
  • Downstream

Oil & Gas Mobility Market - By Application

  • Field Service Automation
  • Asset Management
  • Materials Management
  • Inspections and Assesment
  • Risk and Regulatory Compliance
  • Sales Enablement
  • Fuel Management
  • Others

Oil & Gas Mobility Market– By Geographical Segmentation:

  • Asia-Pacific

    • China
    • India
    • Japan
    • South Korea
    • ASEAN Countries
    • Rest of Asia-Pacific

  • North America

    • United States
    • Canada
    • Mexico
    • Rest of North America

  • Europe

    • Germany
    • United Kingdom
    • France
    • Italy
    • Spain
    • Rest of Europe

  • Latin America

    • Brazil
    • Argentina
    • Rest of South America

  • Middle East & Africa

    • Saudi Arabia
    • South Africa
    • Rest of Middle East & Africa

Reasons to Purchase Oil & Gas Mobility Market Report

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  1. Introduction                                                                       
  2. Research Methodology                                                                     

    1. Analysis Design                                               
    2. Research Phases                                                             

      1. Secondary Research                                    
      2. Primary Research                                        
      3. Expert Validation                                         

    3. Study Timeline                                                

  3. Overview                                                                           

    1. Executive Summary                                                        
    2. Key Inferences                                                 
    3. New Developments                                                        

  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                              

    1.  Oil & Gas Mobility Market Drivers                                                
    2.  Oil & Gas Mobility Market Restraints                                                           
    3. Key Challenges                                                

  5. Current Opportunities in the  Oil & Gas Mobility Market
  6.  Oil & Gas Mobility Market Segmentation    

    1. By Oil & Gas Sector

      1. Upstream
      2. Midstream
      3. Downstream
      4. Oil & Gas Mobility Market Estimates & Forecasts, by Function,2018-2023
      5. Year on Year Growth Rates, by Type,2018-2023
      6.  Oil & Gas Mobility Market Attractiveness Index, by Function,2018-2023

    2. By Application

      1. Field Service Automation
      2. Asset Management
      3. Materials Management
      4. Inspections and Assesment
      5. Risk and Regulatory Compliance
      6. Sales Enablement
      7. Fuel Management
      8. Others
      9. Oil & Gas Mobility Market Estimates & Forecasts, by Function,2018-2023
      10. Year on Year Growth Rates, by Type,2018-2023
      11.  Oil & Gas Mobility Market Attractiveness Index, by Function,2018-2023

  7. Geographical Analysis

    1. North America   Oil & Gas Mobility Market

      1.  Introduction                                
      2.  United States   Oil & Gas Mobility Market
      3.  Canada   Oil & Gas Mobility Market

    2. Europe   Oil & Gas Mobility Market

      1.  Introduction                                
      2.  United Kingdom   Oil & Gas Mobility Market
      3.  Germany   Oil & Gas Mobility Market
      4.  France   Oil & Gas Mobility Market
      5.  Italy   Oil & Gas Mobility Market
      6.  Spain   Oil & Gas Mobility Market

    3. Asia-Pacific   Oil & Gas Mobility Market

      1.  Introduction                                
      2.  China   Oil & Gas Mobility Market
      3.  India   Oil & Gas Mobility Market
      4.  Japan   Oil & Gas Mobility Market
      5.  South Korea   Oil & Gas Mobility Market

    4. Latin America   Oil & Gas Mobility Market

      1.  Introduction                                
      2.  Brazil   Oil & Gas Mobility Market
      3.  Argentina   Oil & Gas Mobility Market
      4.  Mexico   Oil & Gas Mobility Market

    5. Middle-East & Africa   Oil & Gas Mobility Market

      1.  Introduction                                
      2.  Middle-East   Oil & Gas Mobility Market
      3.  Africa   Oil & Gas Mobility Market

  8. Strategic Analysis                                                              

    1. PESTLE analysis                                               

      1. Political                                         
      2. Economic                                     
      3. Social                                           
      4. Technological                               
      5. Legal                                            
      6. Environmental                                              

    2. Porter’s Five analysis                                                      

      1. Bargaining Power of Suppliers                                    
      2. Bargaining Power of Consumers                                 
      3. Threat of New Entrants                               
      4. Threat of Substitute Products and Services                                
      5. Competitive Rivalry within the Industry            

    3. Supply Chain Analysis

      1. Raw Material Suppliers
      2. Manufacturers/Producers
      3. Distributors/Retailers/Wholesalers/E-Commerce
      4. End Users      

  9.  Oil & Gas Mobility Market Leaders' Analysis                                                                  

    1. Accenture Plc
    2. Infosys Ltd.
    3. Microsoft Corporation
    4. Oracle Corporation
    5. Hewlett Packard Enterprise Co
    6. IBM Corporation Company
    7. Wipro Ltd.
    8. SAP SE

  10. Competitive Landscape                                                                     

    1. Oil & Gas Mobility Market share analysis                                                     
    2. Merger and Acquisition Analysis                                                    
    3. Agreements, collaborations and Joint Ventures                                                            
    4. New Product Launches                                                    

  11. Expert Opinions                                                               

    1. Oil & Gas Mobility Market Outlook                                                             
    2. Investment Opportunities                                                            

  12. Appendix                                                               

    1. List of Tables                                                     
    2. List of Figures                         

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