Global Internet of Things (IOT) In Oil and Gas (O&G) Market Analysis And Forecast 2017-2026 – Research and Markets

August 18, 2017

DUBLIN–(BUSINESS WIRE)–The “Global
Internet of Things (IOT) In Oil and Gas (O&G) Market – Analysis And
Forecast: 2017-2026 (Focus on: IoT solutions such as platforms and
analytics, Applications such as Upstream, Midstream and Downstream)”
report has been added to Research and Markets’ offering.

Global IoT in O&G market is anticipated to grow to $30.57 billion by 2026

It is expected to be mainly driven by shortage of skilled labor,
increasing number of cyber-attacks, aging infrastructure, and need to
increase operational efficiency, which will act as key drivers for the
growth of this market.

Prices of crude oil and gas are fluctuating constantly owing to which,
the oil and gas industry is currently facing a challenging environment.
To predict their future business plan precisely and improve
profitability, O&G companies need to improve their operational
efficiencies across all the different segments of value chain. This has
led to the adoption of IoT solutions by oil and gas industry. In
addition to that, factors such as aging infrastructure and manpower will
also be a major contributor to the increase in IoT use.

Companies such as British Petroleum (BP), Apache Corporation, and Saudi
Aramco among others have started leveraging on IoT solutions such as
platforms and analytics. Recent numerous partnerships between IoT and
O&G companies along with several product launches of IoT solutions for
oil and gas industries is a clear indicator that there will be an
increase in demand for IoT solutions by O&G industry.

Key Topics Covered:

Executive Summary

1 Research Scope and Methodology

2 Market Dynamics

3 Competitive Insights

4 Industry Attractiveness

5 Industry Analysis

7 Global IoT in oil and gas Industry by Solutions

8 Global IoT in oil and gas Industry by Application

9 Global IoT in oil and gas Industry by Region

10 Company Profiles

  • ABB Ltd.
  • AGT International
  • C3 IoT
  • Carriots S.L.
  • Cisco Systems
  • Davra Networks
  • Eurotech SpA
  • General Electric Company
  • Honeywell International Inc.
  • Intel Corporation
  • International Business Machines Corporation
  • Kore Telematics
  • Microsoft Corporation
  • Numerex Corp.
  • Parametric Technology (PTC)
  • Pertex Management and Technology Consulting LLC
  • SAP SE
  • Schneider Electric
  • Siemens AG
  • Telit
  • Wind River

For more information about this report visit https://www.researchandmarkets.com/research/ms2jxq/global_internet

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Related
Topics: Gas,
Oil
and Gas Exploration and Production, Internet
of Things and M2M