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U.S. Oil & Gas Analytics Market Share

Report ID: GMI4418
Published Date: May 2023
Report Format: PDF

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U.S. Oil & Gas Analytics Market Share

Some of the major market players operating across the U.S. oil & gas analytics market are :

SAP SE
Microsoft
Oracle
Cognizant
Accenture
Cisco Systems Inc.
TABLEAU SOFTWARE LLC
Cloud Software Group, Inc
Teradata,IBM
IBM
Hitachi ,Ltd.
SAS Institute Inc.
Capgemini
Hewlett Packard Enterprise Development LP
Deloitte
Enverus.

These players focus on mergers and strategic partnerships for business expansion. Morover, these players are increasingly investing in research & development activities, which enable them to introduce innovative services and garner maximum revenue in the market.

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of U.S. oil & gas analytics exceeded USD 1.8 billion in 2023 and is projected to expand at 24.9% CAGR from 2024 to 2032 due to rapid integration of advanced technologies such as AI and ML in oil and gas analytics platforms and subsequent improvement in operational efficiency.

Hosted oil & gas analytics industry in U.S. crossed USD 800 billion in revenue in 2022 and is estimated to accumulate a decent market share by 2032 led by an extensive utilization of big data resulting in improved worker safety and better management of manufacturing, operations, and assets.

The cloud segment accumulated 30% of the industry share in 2022, owing to the increased emphasis on analytical services across the industrial space to gather and interpret insights to make informed investment decisions.

Key players in the U.S. oil & gas analytics industry are SAP SE, Microsoft, Oracle, Cognizant, Accenture, Cisco Systems, Inc., TABLEAU SOFTWARE, LLC, Cloud Software Group, Inc., Teradata, IBM, Hitachi, Ltd., SAS Institute Inc., Capgemini, Hewlett Packard Enterprise Development LP, Deloitte, and Enverus.