Big Data to see 56.45% CAGR in Oil and Gas Market Till 2018

DALLAS, November 24, 2014 /PRNewswire/ --

ReportsnReports.com adds Global Big Data Market in the Oil and Gas Sector 2014-2018 research report of 70 pages and published in November 2014 to the industry intelligence collection on IT as well as energy and power categories of its online market research reports library. According to this report, the Global Big Data market in the Oil and Gas sector is forecast to grow at a CAGR of 56.45% over the period 2013-2018.

One major trend upcoming in the oil and gas big data market is the adoption of user-friendly predictive modeling. Using a predictive modeling tool, oil and gas companies can predict future development strategies based on historical results. According to the report (http://www.reportsnreports.com/reports/318301-global-big-data-market-in-the-oil-and-gas-sector-2014-2018.html ), one of the major drivers of the market is the huge data explosion. With the presence of a large amount of data, enterprises need big data solutions to automatically track the performance and behavior of the information stored in their IT systems.

Further, this big data market in oil and gas sector report states that lack of awareness is one of the major challenges confronting this industry. Enterprises in the Oil and Gas sector lack understanding of the importance of big data and are unaware of the ways to decode it, which is affecting investment in big data. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

The Oil and Gas sector generates various types of structured and unstructured data. These types of data range from terabytes (1012 bytes) to petabytes (1015 bytes) and even to exabytes (1018 bytes) in size. Big data solutions are used in the Oil and Gas sector to provide a faster consolidated view of organization-wide information. They also help in improving operational performance and maximizing profitability. This report covers the present scenario and the growth prospects of the Global Big Data market in the Oil and Gas sector for the upstream market during the period 2014-2018. To calculate the market size, the report considers revenue generated from sales of big data solutions in the Oil and Gas sector for upstream market. The revenue generated from sales of big data-related hardware, software, and services is taken into consideration to calculate the market size. The report also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the Global Big Data market in the Oil and Gas sector for upstream market. In addition, it discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Companies like Hewlett-Packard, Hitachi Data Systems, IBM, Oracle, Cloudera, EMC, MapR Technologies and SAP are discussed in this oil and gas big data market report available for purchase at http://www.reportsnreports.com/Purchase.aspx?name=318301 . Data and Information Exhibits provided in Global Big Data Market in the Oil and Gas Sector 2014-2018 research report include:

Market Research Methodology

Big Data Initiatives in the Oil and Gas Sector

Global Big Data Market in the Oil and Gas Sector 2014-2018 (US$ million)

Oil and Gas Sector as a Segment of the Global Big Data Market 2013

Oil and Gas Sector as a Segment of the Global Big Data Market 2014-2018

Global Big Data Market in the Oil and Gas Sector by Revenue Segmentation 2013

Global Big Data Market in the Oil and Gas Sector by Services Revenue 2014-2018 (US$ million)

Global Big Data Market in the Oil and Gas Sector by Hardware Revenue 2014-2018 (US$ million)

Global Big Data Market in the Oil and Gas Sector by Software Revenue 2013-2016 (US$ million)

Global Big Data Market in the Oil and Gas Sector by Geographical Segmentation 2013

Reasons for Low Investments in Big Data by Oil and Gas Companies

HP: Business Segmentation by Revenue 2013

HP: Business Segmentation by Revenue 2012 and 2013 (US$ million)

HP: Geographical Segmentation by Revenue 2013

Hitachi: Business Segmentation 2014

Hitachi: Business Segmentation by Revenue 2014

Hitachi: Business Segmentation by Revenue 2013 and 2014 (US$ million)

Hitachi: Geographical Segmentation by Revenue 2014

IBM: Business Segmentation

IBM: Revenue Segmentation by Business 2013

IBM: Revenue Segmentation 2013

IBM: Revenue Comparison of Business Segments 2012 and 2013 (US$ million)

IBM: Revenue Segmentation by Geography 2013

Oracle: Business Segmentation by Revenue 2013

Oracle: Business Segmentation by Revenue 2012 and 2013 (US$ billion)

Oracle: Geographical Segmentation by Revenue 2013

The Big Data for Telcos market research report is dedicated to the analysis of Big Data opportunities for telecom operators: - What applications can be developed with telcos data? - What kind of new revenues can be generated? - What cost savings can be done thanks to Big Data techniques? This study provides business cases for each application of analytics that can be done by telcos, for internal and external purposes. Specific figures are provided to estimate the financial benefits of each big data application on the global telecom services market and the report especially ranks the most valuable opportunities for telcos. Companies examined in this research include Acxiom, Aito, Allot Communications, Amazon, Apache Software Foundation, AT&T, Barclays, BT, Cedexis, Cloudera, ComScore, Cvidya, Deutsche Telekom, EMC / Greenplum, Everything Everywhere, Experian, Facebook, Google, Hortonworks, IBM, Informatica, Karmasphere, MapR, Microsoft, Nielsen, NTT docomo, O2, Oracle, Orange, Rentrak, SAP, SAS, SingTel, Software AG, Swisscom, Talend, Telefónica, Tesco, T-Mobile, Turkcell, Verizon, Vertica Systems and Yahoo! Order a copy of this research at http://www.reportsnreports.com/Purchase.aspx?name=297885 .

The overall big data market, across industry verticals, is covered in detail under the research titled The Big Data Market: 2014 - 2020 - Opportunities, Challenges, Strategies, Industry Verticals and Forecasts. This research estimates that Big Data investments will account for nearly $30 Billion in 2014 alone. These investments are further expected to grow at a CAGR of 17% over the next 6 years. The report presents market size forecasts for Big Data hardware, software and professional services from 2014 through to 2020. Historical figures are also presented for 2010, 2011, 2012 and 2013. The forecasts are further segmented for 8 horizontal submarkets, 15 vertical markets, 6 regions and 34 countries. The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.

Explore more reports on the IT & Telecommunications market at http://www.reportsnreports.com/market-research/information-technology/ .

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