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Global IT Spending in Oil and Gas Market Size By Segmentations, Top Key Players, Trend, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 11/23/2022
  • NO OF PAGES
  • 217
  • CATEGORY
  • Information Technology
The competitive landscape analysis of IT Spending in Oil and Gas Market uncovers detailed company profiles, revenue shares, portfolio innovations, regional product footprint, key developmental strategies, pricing structure, target markets, and near-term plans of market leaders. This entire section helps readers gain an essence of what is driving competition and what would help them stand out to win new target markets.

Market estimates and forecast are backed by an extensive primary research, further complemented by on-point secondary research of IT Spending in Oil and Gas Market. The research analysts have invested significant time and effort in gathering critical industry information from KIPs such as OEMs, top suppliers and distributors, and government bodies.

Market Segmentations:
Global IT Spending in Oil and Gas Market: Top Key Players
GE Oil and Gas
SAP
IBM
Microsoft
Oracle
Dell
ABB
Hitachi
Huawei Technologies
Indra Sistemas
Siemens
TCS
Capgemini
Tech Mahindra
Wipro
HCL Technologies
Infosys
DXC Technology
CGI Group
Cisco Systems
Alcatel-Lucent
IT Spending in Oil and Gas Breakdown Data by Type
Hardware
Software
Services
Software types have the largest market share segment at 40% and are the fastest growing segment
IT Spending in Oil and Gas Breakdown Data by Application
Upstream
Midstream
Downstream
Upstream is the area with the most applications and the fastest growth


Global IT Spending in Oil and Gas Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

Reasons to Purchase IT Spending in Oil and Gas Market Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come

Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by IT Spending in Oil and Gas Revenue
1.4 Market Analysis by Type
1.4.1 Global IT Spending in Oil and Gas Market Size Growth Rate by Type: 2022 VS 2030
1.4.2 Hardware
1.4.3 Software
1.4.4 Services
1.5 Market by Application
1.5.1 Global IT Spending in Oil and Gas Market Share by Application: 2022 VS 2030
1.5.2 Upstream
1.5.3 Midstream
1.5.4 Downstream
1.6 Coronavirus Disease 2019 (Covid-19): IT Spending in Oil and Gas Industry Impact
1.6.1 How the Covid-19 is Affecting the IT Spending in Oil and Gas Industry
1.6.1.1 IT Spending in Oil and Gas Business Impact Assessment - Covid-19
1.6.1.2 Supply Chain Challenges
1.6.1.3 COVID-19’s Impact On Crude Oil and Refined Products
1.6.2 Market Trends and IT Spending in Oil and Gas Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.6.3.2 Proposal for IT Spending in Oil and Gas Players to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered

2 Global Growth Trends by Regions
2.1 IT Spending in Oil and Gas Market Perspective (2016-2030)
2.2 IT Spending in Oil and Gas Growth Trends by Regions
2.2.1 IT Spending in Oil and Gas Market Size by Regions: 2016 VS 2022 VS 2030
2.2.2 IT Spending in Oil and Gas Historic Market Share by Regions (2016-2021)
2.2.3 IT Spending in Oil and Gas Forecasted Market Size by Regions (2022-2030)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porter’s Five Forces Analysis
2.3.5 IT Spending in Oil and Gas Market Growth Strategy
2.3.6 Primary Interviews with Key IT Spending in Oil and Gas Players (Opinion Leaders)

3 Competition Landscape by Key Players
3.1 Global Top IT Spending in Oil and Gas Players by Market Size
3.1.1 Global Top IT Spending in Oil and Gas Players by Revenue (2016-2021)
3.1.2 Global IT Spending in Oil and Gas Revenue Market Share by Players (2016-2021)
3.1.3 Global IT Spending in Oil and Gas Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global IT Spending in Oil and Gas Market Concentration Ratio
3.2.1 Global IT Spending in Oil and Gas Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by IT Spending in Oil and Gas Revenue in 2021
3.3 IT Spending in Oil and Gas Key Players Head office and Area Served
3.4 Key Players IT Spending in Oil and Gas Product Solution and Service
3.5 Date of Enter into IT Spending in Oil and Gas Market
3.6 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type (2016-2030)
4.1 Global IT Spending in Oil and Gas Historic Market Size by Type (2016-2021)
4.2 Global IT Spending in Oil and Gas Forecasted Market Size by Type (2022-2030)

5 IT Spending in Oil and Gas Breakdown Data by Application (2016-2030)
5.1 Global IT Spending in Oil and Gas Market Size by Application (2016-2021)
5.2 Global IT Spending in Oil and Gas Forecasted Market Size by Application (2022-2030)

6 North America
6.1 North America IT Spending in Oil and Gas Market Size (2016-2021)
6.2 IT Spending in Oil and Gas Key Players in North America (2016-2021)
6.3 North America IT Spending in Oil and Gas Market Size by Type (2016-2021)
6.4 North America IT Spending in Oil and Gas Market Size by Application (2016-2021)

7 Europe
7.1 Europe IT Spending in Oil and Gas Market Size (2016-2021)
7.2 IT Spending in Oil and Gas Key Players in Europe (2016-2021)
7.3 Europe IT Spending in Oil and Gas Market Size by Type (2016-2021)
7.4 Europe IT Spending in Oil and Gas Market Size by Application (2016-2021)

8 China
8.1 China IT Spending in Oil and Gas Market Size (2016-2021)
8.2 IT Spending in Oil and Gas Key Players in China (2016-2021)
8.3 China IT Spending in Oil and Gas Market Size by Type (2016-2021)
8.4 China IT Spending in Oil and Gas Market Size by Application (2016-2021)

9 Japan
9.1 Japan IT Spending in Oil and Gas Market Size (2016-2021)
9.2 IT Spending in Oil and Gas Key Players in Japan (2016-2021)
9.3 Japan IT Spending in Oil and Gas Market Size by Type (2016-2021)
9.4 Japan IT Spending in Oil and Gas Market Size by Application (2016-2021)

10 Southeast Asia
10.1 Southeast Asia IT Spending in Oil and Gas Market Size (2016-2021)
10.2 IT Spending in Oil and Gas Key Players in Southeast Asia (2016-2021)
10.3 Southeast Asia IT Spending in Oil and Gas Market Size by Type (2016-2021)
10.4 Southeast Asia IT Spending in Oil and Gas Market Size by Application (2016-2021)

11 India
11.1 India IT Spending in Oil and Gas Market Size (2016-2021)
11.2 IT Spending in Oil and Gas Key Players in India (2016-2021)
11.3 India IT Spending in Oil and Gas Market Size by Type (2016-2021)
11.4 India IT Spending in Oil and Gas Market Size by Application (2016-2021)

12 Central & South America
12.1 Central & South America IT Spending in Oil and Gas Market Size (2016-2021)
12.2 IT Spending in Oil and Gas Key Players in Central & South America (2016-2021)
12.3 Central & South America IT Spending in Oil and Gas Market Size by Type (2016-2021)
12.4 Central & South America IT Spending in Oil and Gas Market Size by Application (2016-2021)

13 Middle East & Africa
13.1 Middle East & Africa IT Spending in Oil and Gas Market Size (2016-2021)
13.2 IT Spending in Oil and Gas Key Players in Middle East & Africa (2016-2021)
13.3 Middle East & Africa IT Spending in Oil and Gas Market Size by Type (2016-2021)

.4 Middle East & Africa IT Spending in Oil and Gas Market Size by Application (2016-2021)
14 Key Players Profiles
14.1 GE Oil and Gas
14.1.1 GE Oil and Gas Company Details
14.1.2 GE Oil and Gas Business Overview and Its Total Revenue
14.1.3 GE Oil and Gas IT Spending in Oil and Gas Introduction
14.1.4 GE Oil and Gas Revenue in IT Spending in Oil and Gas Business (2016-2021)
14.1.5 GE Oil and Gas Recent Development
14.2 SAP
14.2.1 SAP Company Details
14.2.2 SAP Business Overview and Its Total Revenue
14.2.3 SAP IT Spending in Oil and Gas Introduction
14.2.4 SAP Revenue in IT Spending in Oil and Gas Business (2016-2021)
14.2.5 SAP Recent Development
14.3 IBM
14.3.1 IBM Company Details
14.3.2 IBM Business Overview and Its Total Revenue
14.3.3 IBM IT Spending in Oil and Gas Introduction
14.3.4 IBM Revenue in IT Spending in Oil and Gas Business (2016-2021)
14.3.5 IBM Recent Development
14.4 Microsoft
14.4.1 Microsoft Company Details
14.4.2 Microsoft Business Overview and Its Total Revenue
14.4.3 Microsoft IT Spending in Oil and Gas Introduction
14.4.4 Microsoft Revenue in IT Spending in Oil and Gas Business (2016-2021)
14.4.5 Microsoft Recent Development
14.5 Oracle
14.5.1 Oracle Company Details
14.5.2 Oracle Business Overview and Its Total Revenue
14.5.3 Oracle IT Spending in Oil and Gas Introduction
14.5.4 Oracle Revenue in IT Spending in Oil and Gas Business (2016-2021)
14.5.5 Oracle Recent Development
14.6 Dell
14.6.1 Dell Company Details
14.6.2 Dell Business Overview and Its Total Revenue
14.6.3 Dell IT Spending in Oil and Gas Introduction
14.6.4 Dell Revenue in IT Spending in Oil and Gas Business (2016-2021)
14.6.5 Dell Recent Development
14.7 ABB
14.7.1 ABB Company Details
14.7.2 ABB Business Overview and Its Total Revenue
14.7.3 ABB IT Spending in Oil and Gas Introduction
14.7.4 ABB Revenue in IT Spending in Oil and Gas Business (2016-2021)
14.7.5 ABB Recent Development
14.8 Hitachi
14.8.1 Hitachi Company Details
14.8.2 Hitachi Business Overview and Its Total Revenue
14.8.3 Hitachi IT Spending in Oil and Gas Introduction
14.8.4 Hitachi Revenue in IT Spending in Oil and Gas Business (2016-2021)
14.8.5 Hitachi Recent Development
14.9 Huawei Technologies
14.9.1 Huawei Technologies Company Details
14.9.2 Huawei Technologies Business Overview and Its Total Revenue
14.9.3 Huawei Technologies IT Spending in Oil and Gas Introduction
14.9.4 Huawei Technologies Revenue in IT Spending in Oil and Gas Business (2016-2021)
14.9.5 Huawei Technologies Recent Development
14.10 Indra Sistemas
14.10.1 Indra Sistemas Company Details
14.10.2 Indra Sistemas Business Overview and Its Total Revenue
14.10.3 Indra Sistemas IT Spending in Oil and Gas Introduction
14.10.4 Indra Sistemas Revenue in IT Spending in Oil and Gas Business (2016-2021)
14.10.5 Indra Sistemas Recent Development
14.11 Siemens
10.11.1 Siemens Company Details
10.11.2 Siemens Business Overview and Its Total Revenue
10.11.3 Siemens IT Spending in Oil and Gas Introduction
10.11.4 Siemens Revenue in IT Spending in Oil and Gas Business (2016-2021)
10.11.5 Siemens Recent Development
14.12 TCS
10.12.1 TCS Company Details
10.12.2 TCS Business Overview and Its Total Revenue
10.12.3 TCS IT Spending in Oil and Gas Introduction
10.12.4 TCS Revenue in IT Spending in Oil and Gas Business (2016-2021)
10.12.5 TCS Recent Development
14.13 Capgemini
10.13.1 Capgemini Company Details
10.13.2 Capgemini Business Overview and Its Total Revenue
10.13.3 Capgemini IT Spending in Oil and Gas Introduction
10.13.4 Capgemini Revenue in IT Spending in Oil and Gas Business (2016-2021)
10.13.5 Capgemini Recent Development
14.14 Tech Mahindra
10.14.1 Tech Mahindra Company Details
10.14.2 Tech Mahindra Business Overview and Its Total Revenue
10.14.3 Tech Mahindra IT Spending in Oil and Gas Introduction
10.14.4 Tech Mahindra Revenue in IT Spending in Oil and Gas Business (2016-2021)
10.14.5 Tech Mahindra Recent Development
14.15 Wipro
10.15.1 Wipro Company Details
10.15.2 Wipro Business Overview and Its Total Revenue
10.15.3 Wipro IT Spending in Oil and Gas Introduction
10.15.4 Wipro Revenue in IT Spending in Oil and Gas Business (2016-2021)
10.15.5 Wipro Recent Development
14.16 HCL Technologies
10.16.1 HCL Technologies Company Details
10.16.2 HCL Technologies Business Overview and Its Total Revenue
10.16.3 HCL Technologies IT Spending in Oil and Gas Introduction
10.16.4 HCL Technologies Revenue in IT Spending in Oil and Gas Business (2016-2021)
10.16.5 HCL Technologies Recent Development
14.17 Infosys
10.17.1 Infosys Company Details
10.17.2 Infosys Business Overview and Its Total Revenue
10.17.3 Infosys IT Spending in Oil and Gas Introduction
10.17.4 Infosys Revenue in IT Spending in Oil and Gas Business (2016-2021)
10.17.5 Infosys Recent Development
14.18 DXC Technology
10.18.1 DXC Technology Company Details
10.18.2 DXC Technology Business Overview and Its Total Revenue
10.18.3 DXC Technology IT Spending in Oil and Gas Introduction
10.18.4 DXC Technology Revenue in IT Spending in Oil and Gas Business (2016-2021)
10.18.5 DXC Technology Recent Development
14.19 CGI Group
10.19.1 CGI Group Company Details
10.19.2 CGI Group Business Overview and Its Total Revenue
10.19.3 CGI Group IT Spending in Oil and Gas Introduction
10.19.4 CGI Group Revenue in IT Spending in Oil and Gas Business (2016-2021)
10.19.5 CGI Group Recent Development
14.20 Cisco Systems
10.20.1 Cisco Systems Company Details
10.20.2 Cisco Systems Business Overview and Its Total Revenue
10.20.3 Cisco Systems IT Spending in Oil and Gas Introduction
10.20.4 Cisco Systems Revenue in IT Spending in Oil and Gas Business (2016-2021)
10.20.5 Cisco Systems Recent Development
14.21 Alcatel-Lucent
10.21.1 Alcatel-Lucent Company Details
10.21.2 Alcatel-Lucent Business Overview and Its Total Revenue
10.21.3 Alcatel-Lucent IT Spending in Oil and Gas Introduction
10.21.4 Alcatel-Lucent Revenue in IT Spending in Oil and Gas Business (2016-2021)
10.21.5 Alcatel-Lucent Recent Development

15 Analyst's Viewpoints/Conclusions

16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.2 Data Source
16.2 Disclaimer
16.3 Author Details

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We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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