The advent of technological developments paired with the ongoing demand for exploring as well as producing oil & gas efficiently is influencing the market growth. Furthermore, identifying the best ways to create resources including technology, data and affordable procedures are the most important factors driving the oil & gas mobility market.
Lack of awareness about the benefits of mobility application has hampered the growth of the market to a greater extent. On the other hand, the growing need for relevant ground-based data strategically to lower the turnaround time, operating costs and boost the complete landscape of the industrial lifecycle is likely to create greater opportunities.
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The oil & gas mobility market is segmented based on software, deployment model, services, user type and geography. The software discussed in the market research report consists of material management, asset management, data management, mobile analytics and more. Moreover, the deployment model covered during the study includes on premise and hosted.
Services analysed in the market research report are integration services, professional services and cloud services. User types examined in the report includes small and medium businesses and enterprises. Regions such as North America, Europe, Asia -Pacific and LAMEA are anticipated to witness tremendous growth.
A closer look at the competitive landscape reveals that major IT brands are busy launching solutions and generating clients in the same month itself. Prominent market players are also seen acquiring new companies or local market players to maintain their competitive edge.
Other business strategies favored by the companies include constant upgradation, joint ventures and collaborations. The key market players active in the oil & gas mobility market include HP, SAP SE, Oracle, IBM, Cisco, Wipro, Infosys, Microsoft and Cognizant Technology Solutions.
KEY BENEFITS FOR STAKEHOLDERS
1. The market research report provides integrated information on the major drivers, restraints and opportunities influencing the industry growth from 2014 to 2020.
2. The study further drills down to produce data volume by components, end customers and demography.
3. SWOT analysis of major brands, highlights weaknesses, strengths, opportunities and threats. The data proves effective for business owners planning on designing their marketing and branding strategies.
4. Region wise business performance discussed in the market research report would be valuable for enterprises planning to explore new areas.
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