Exploration and Production (E&P) Software Market
Exploration and Production (E&P) Software Market Global Industry Assessment & Forecast
Segments Covered
- By Component Solutions, Services
- By Operation Type On-shore, Off-shore
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 4.4 Billion |
Revenue 2028: | 13 Billion |
Revenue CAGR (2021 - 2028): | 14.5 |
Fastest Growing Region (2022 - 2028) | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Sr. No. | Offering | Report Coverage |
1. | Market Size | In terms of Revenue (USD Million) |
2. | Historic Data | 2015 to 2019 |
3. | Forecast Data | 2021 to 2028 |
4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
5. | Market Attractiveness Analysis | Yes |
6. | Segment Analysis | Maximum Segments |
7. | Regional Coverage | 5 Regions |
8. | Country Coverage | Top 22 Countries |
9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
10. | Porter’s Five Forces Analysis | Yes. |
11. | Value Chain Analysis | Yes |
12. | PEST Analysis | Yes |
13. | Regulatory Landscape | Yes |
14. | Technology Landscape | Yes |
15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
16. | Top startups to watch out for | Yes |
17. | Top 3 Trends to Watch | Yes |
18. | Top 3 Strategies Followed by Major Players | Yes |
19. | Top 3 Predictions by Vantage Market Research | Yes |
20. | Discussion Guide | Yes |
21. | Key Primary Respondents - VERBATIM | Yes |
22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
23. | Others/Miscellaneous |
FAQ
Frequently Asked Question
What is the global demand for Exploration and Production (E&P) Software in terms of revenue?
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The global Exploration and Production (E&P) Software valued at 4.4 Billion in 2020 and is expected to reach 13 Billion in 2028 growing at a CAGR of 14.5%.
Which are the prominent players in the market?
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The prominent players in the market are IHS Inc., Landmark Solutions, Ikon Science Limited, Emerson Electric Co., GE Oil & Gas, ION Geophysical Corporation, TDE Group GmbH, GEPlan Consulting Srl, ETL Solutions Ltd., Petroleum Experts Ltd., RockFlow Dynamics LLC, Petrolink Services Inc., Interactive Network Technologies Inc., Exprodat Consulting Ltd., Computer Modelling Group Ltd, Paradigm B.V., EDrilling AS, Schlumberger Limited, Pason Systems Corp., Peloton, Baker Hughes Incorporated, Kongsberg Gruppen ASA, P2 Energy Solutions, OVS Group LLC..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 14.5% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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The driving factors of the Exploration and Production (E&P) Software include
- The growing digitalization in the oil & gas and energy sectors is driving the demand for E&P software market. Digitalization has paved the way for sophisticated platforms in the energy sector to increase mobility, surveillance, connectivity, and storage technologies, processing and analyzing data rapidly, enhance agility, and to support real-time decision making.
- The high labor requirements and advanced technological development is anticipated to augment the growth of the market over the forecast period.
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Exploration and Production (E&P) Software in 2020.