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 December 14, 2015 - 5:31 AM EST
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Research and Markets: Global Mobility Management Market by Oil and Gas Industry 2015-2019 - Diminishing Profits Due To Cost Of Operations

Research and Markets (http://www.researchandmarkets.com/research/k5t4hn/global_mobility) has announced the addition of the "Global Mobility Management Market by Oil and Gas Industry 2015-2019" report to their offering.

The report predicts 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.

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.

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.

Companies Profiled:

  • Accenture
  • Cisco Systems
  • IBM
  • Microsoft
  • Oracle
  • SAP
  • CSC
  • Dell
  • Fujitsu
  • HCL
  • Mobisoft
  • TCS

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Geographical segmentation

PART 07: Market drivers

PART 08: Impact of drivers

PART 09: Market challenges

PART 10: Impact of drivers and challenges

PART 11: Market trends

PART 12: Vendor landscape

PART 13: Key vendor analysis

For more information visit http://www.researchandmarkets.com/research/k5t4hn/global_mobility

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Gas, Oil


Source: Business Wire (December 14, 2015 - 5:31 AM EST)

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