Fairfield Market Research Big Data Analytics in Oil & Gas Market Size, Share, Growth 2030

Big Data Analytics in Oil & Gas Market

Global Big Data Analytics in Oil & Gas Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Application, By Sector, By Component, By Geographic Coverage and By Company)

Published Date: Jul 2023 | Format: | No. of Pages: 250

Industry: Energy & Natural Resources | Author Name: Harshad

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FAQ : Big Data Analytics in Oil & Gas Market

Global big data analytics market in oil & gas is anticipated to reach US$12.6 Bn in revenue by 2030-end.

During the COVID-19 pandemic, the crude oil prices had collapsed owing to plunged demand from the industrial and automotive sectors. This impacted the investments of oil & gas companies in big data analytics investments in the oil & gas business across the globe.

In terms of application, the cybersecurity segment dominated the market and constituted 26.6% share in 2022. In terms of sector, the upstream segment constituted more than 46.5% share of the global big data analytics market in oil & gas in 2022. In terms of component, services segment constituted more than 39.3% share of the global big data analytics market in oil & gas in 2022.

In 2022, North America constituted 44.3% of the global big data analytics market in oil & gas.

Global top 5 players include SAS, SAP, IBM, CISCO, and Microsoft.
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