LONDON, April 28, 2015 /PRNewswire/ -- With the advent of
technological innovations, coupled with the ever increasing need of
exploring and producing oil and gas more competently, continues to
transform the way the oil and gas industry functions. The most
critical challenge is to locate the best ways to make resources
such as data, technology, people, and processes more cost-efficient
thereby ensuring optimum utilization of resources. The coupling of
data with information management and mobility solutions is the
crucial means to enable oil and gas firms to use this actual
ground-based information strategically to reduce turnaround time,
lower the operating costs, and improve overall landscape of the oil
and gas lifecycle.
Many oil and gas enterprises are looking forward to embed mobility
applications into their fold. In this scenario, the most important
thing for enterprises is to maximize their turnover from resources
and reduce cycle times. Introduction of mobility into day to day
operations will help enterprises to enhance their effectiveness and
efficiency. It will ensure greater data integrity, reduce
redundancy and optimize the usage of resources.
The overall oil and gas mobility market in this report has been
defined as the sum of revenues generated by the oil and gas
mobility firms along with various software and services provided by
the vendors to oil and gas companies.
North America, and Europe have the highest adoption of oil and
gas mobility applications in the oil and gas vertical ecosystem,
and regions such as APAC, Middle
East and Africa along with
Latin America offers a lot of
opportunities for the vendors where majority of the countries are
yet to expansively adopt oil and gas mobility applications.
This report primarily includes oil and gas mobility vendors
providing application software for Asset Management, Materials
Management, Mobile Analytics, Risk and Regulatory Compliance,
Workforce Automation, and Others. Also, in this fast changing
economic scope, companies need to introspect and analyze their
internal operational process flow. Thus, employment of mobility in
operational processes helps in quick decision making and enhanced
connectivity among different geographical locations.
There are various assumptions that have been taken into
consideration for the market sizing and forecasting exercise. A few
of the global assumptions include political, social, economic, and
technological factors. For instance, exchange rates are some of the
factors which are expected to have an impact on this market.
Therefore, the dollar fluctuations are expected to not seriously
affect the forecasts in the emerging Asia-Pacific regions.
This report will help the oil and gas mobility vendors in the
following ways:
1. This report segments the overall oil and gas mobility market on
the basis of the revenues generated by oil and gas mobility
software vendors and service providers. The report provides the
closest approximations of the revenue numbers for the overall
market and the sub-segments. The market numbers are further split
into geographical regions.
2. The report will help oil and gas mobility vendors to better
understand their competitors and gain more insights for better
positioning of their business. There is a separate section on
competitive landscape, which includes key developments of market
leaders, mergers and acquisitions, and venture capital funding.
This report also covers company profiles of major players in this
market.
3. The report will help vendors to understand the pulse of the
market and provide information on key market drivers, restraints,
opportunities and challenges.
Download the full report:
https://www.reportbuyer.com/product/2885178/
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