Oilfield Communications Market Worth $3.18 Billion by 2019 - PowerPoint PPT Presentation

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Oilfield Communications Market Worth $3.18 Billion by 2019

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The global market of oilfield communications is estimated to grow from $2.37 billion in 2014 to $3.18 billion in 2019, at a compound annual growth rate (CAGR) of 6.1% during the forecast period of 2014-2019 – PowerPoint PPT presentation

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Title: Oilfield Communications Market Worth $3.18 Billion by 2019


1
MarketsandMarkets Presents
Oilfield Communications Market worth 3.18
Billion by 2019
http//www.marketsandmarkets.com/Market-Reports/oi
lfield-communications-market-247995454.html
2
The report Oilfield Communications Market
Upstream and Midstream Communications, Unified
Communications, M2M Communications, Video
Conferencing, WiMax, VSAT, Onshore and Offshore
Communications - Worldwide Market Forecast and
Analysis (2014 - 2019) defines and segments the
oilfield communications market into various sub
segments of technologies, solutions, services,
and regions with in-depth analysis and
forecasting of revenues. It also identifies
drivers and restraints of this market with
insights on trends, opportunities, and
challenges. Browse more than 89 market data
tables with 48 figures spread through 197 pages
and in-depth TOC on "Oilfield Communications
Market Upstream and Midstream Communications,
Unified Communications, M2M Communications, Video
Conferencing, WiMax, VSAT, Onshore and Offshore
Communications - Worldwide Market Forecast and
Analysis (2014 - 2019)"http//www.marketsandmarke
ts.com/Market-Reports/oilfield-communications-mark
et-247995454.html Early buyers will receive 10
customization on this report.
3
The complex field operations and data
requirements coupled with highly collaborative
work processes between multiple onshore and
offshore sites are increasingly relying on a
robust communication network. This communication
challenge is compounded by the variety of
different operational domains to be supported by
exploration, production, and downstream
operations. Many of these are often situated in
challenging and rugged regions around the
globe. Very small aperture terminal (VSAT) and
fiber-optic communication networks are highly
used across the entire value chain of the oil and
gas sector for voice and data communication. The
emergence of cloud services, video conferencing,
and cyber security has increased the burden on
fast and reliable communication infrastructure on
the field site. The concept of digital oilfield
hugely relies on robust IT infrastructure,
automation, and communication network. The
oilfield communications market will remain
lucrative in the long term as the global demand
for bandwidth requirement continues to increase.
This demand also includes the rising requirements
from the emerging energy markets such as Middle
East and Africa (MEA) and Latin America (LA).
http//www.marketsandmarkets.com/Market-Reports/oi
lfield-communications-market-247995454.html
4
This oilfield communications market research
report analyzes global adoption trends, future
growth potential, competitive outlook, market
ecosystem, and the value chain of this market.
The report analyzes market sizes and revenue
forecasts across different regions such as North
America (NA), Europe (EU), LA, Asia Pacific
(APAC), and MEA.
http//www.marketsandmarkets.com/Market-Reports/oi
lfield-communications-market-247995454.html
5
About MarketsandMarkets
MarketsandMarkets is a global market research and
consulting company based in the U.S. We publish
strategically analyzed market research reports
and serve as a business intelligence partner to
Fortune 500 companies across the
world. MarketsandMarkets also provides
multi-client reports, company profiles,
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cover thirteen industry verticals, including
advanced materials, automotives and
transportation, banking and financial services,
biotechnology, chemicals, consumer goods, energy
and power, food and beverages, industrial
automation, medical devices, pharmaceuticals,
semiconductor and electronics, and
telecommunications and IT. We at
MarketsandMarkets are inspired to help our
clients grow by providing apt business insight
with our huge market intelligence repository.
http//www.marketsandmarkets.com/Market-Reports/oi
lfield-communications-market-247995454.html
6
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it
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