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Global Internet of Things (IOT) In Oil and Gas (O&G) Market Analysis And Forecast 2017-2026 - Research and MarketsThe "Global Internet of Things (IOT) In Oil and Gas (O&G) Market - Analysis And Forecast: 2017-2026 (Focus on: IoT solutions such as platforms and analytics, Applications such as Upstream, Midstream and Downstream)" report has been added to Research and Markets' offering. Global IoT in O&G market is anticipated to grow to $30.57 billion by 2026 It is expected to be mainly driven by shortage of skilled labor, increasing number of cyber-attacks, aging infrastructure, and need to increase operational efficiency, which will act as key drivers for the growth of this market. Prices of crude oil and gas are fluctuating constantly owing to which, the oil and gas industry is currently facing a challenging environment. To predict their future business plan precisely and improve profitability, O&G companies need to improve their operational efficiencies across all the different segments of value chain. This has led to the adoption of IoT solutions by oil and gas industry. In addition to that, factors such as aging inrastructure and manpower will also be a major contributor to the increase in IoT use. Companies such as British Petroleum (BP), Apache Corporation, and Saudi Aramco among others have started leveraging on IoT solutions such as platforms and analytics. Recent numerous partnerships between IoT and O&G companies along with several product launches of IoT solutions for oil and gas industries is a clear indicator that there will be an increase in demand for IoT solutions by O&G industry. Key Topics Covered: Executive Summary 1 Research Scope and Methodology 2 Market Dynamics 3 Competitive Insights 4 Industry Attractiveness 5 Industry Analysis 7 Global IoT in oil and gas Industry by Solutions 8 Global IoT in oil and gas Industry by Application 9 Global IoT in oil and gas Industry by Region 10 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/ms2jxq/global_internet
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