Research and Markets: Big Data in Global Oil & Gas Market: Key Trends, Market Opportunities and Industry Forecast 2015-2020
Research and Markets (http://www.researchandmarkets.com/research/cvnmhm/big_data_in)
has announced the addition of the "Big
Data in Global Oil & Gas Market: Key Trends, Market Opportunities and
Industry Forecast 2015-2020" report to their offering.
Big Data in Global Oil & Gas market is expected to grow at a CAGR of 30%
representing huge opportunities in this sector. This growth is driven by
increasing penetration of big data, increase in analytics services and
availability of affordable big data solutions and services to end users.
Big Data in the Oil & Gas Industry controls 10% market share in terms of
revenue in the Global Big Data market. It is expected to become the
fifth largest industry in terms of its market share position in 2020.
Organizations worldwide are turning their attention to Big Data as a
useful means to derive insights from the huge amount of data generated
from various sources. Technologies such as NoSQL databases and
MapReduce/Hadoop frameworks are at the core of the solutions heralding a
This research found that high investment costs, lack of awareness and
novelty have been the main threats for new entrants in the Big Data
space. There are a few major players who control the entire value chain.
However, many smaller players have mushroomed who provide consulting in
the Analytics space. This research also found that most organizations
misunderstand Big Data and it is important to educate the end users
through face to face interactions.
Key Topics Covered:
1. Executive Summary
2. Global Big Data Market - Overview
3. Need for Big Data in Oil & Gas Sector
4. Forecast for Big Data in Global Oil & Gas Market 2015-2020
5. Growth Drivers and Inhibitors for Big Data in Global Oil & Gas Market
6. Big Data Industry Value Chain
7. Profile of Key Players in Global Big Data Market
8. Case Study for Big Data in Oil & Gas
9. Analysis Models
10. Strategic Recommendations
VIS Networks Pvt. Ltd.
For more information visit http://www.researchandmarkets.com/research/cvnmhm/big_data_in
View source version on businesswire.com: http://www.businesswire.com/news/home/20151021005742/en/
Copyright Business Wire 2015
Source: Business Wire
(October 21, 2015 - 8:02 AM EDT)
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