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Global IT Spending in Oil and Gas Market Research Report 2024
Synopsis
Information technology refers to all the technology used to handle telecommunications, broadcast media, intelligent building management systems, audiovisual processing and transmission systems, and network-based control and monitoring functions. The information revolution and the extraordinary increase in the spread of knowledge has given birth to a new era-one of knowledge and information which affects directly economic, social, cultural and political activities of all regions of the world.
The global IT Spending in Oil and Gas market was valued at US$ 17050 million in 2023 and is anticipated to reach US$ 23450 million by 2030, witnessing a CAGR of 4.6% during the forecast period 2024-2030.
North America is the largest IT Spending in Oil and Gas market with about 36% market share. Middle East is follower, accounting for about 15% market share.The market for IT Spending in Oil and Gas is fragmented with players such as 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 and Alcatel-Lucent, Top five players account for 34% market share.
This report aims to provide a comprehensive presentation of the global market for IT Spending in Oil and Gas, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IT Spending in Oil and Gas.
Report Scope
The IT Spending in Oil and Gas market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global IT Spending in Oil and Gas market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the IT Spending in Oil and Gas companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Hardware
Software
Services
Segment by Application
Upstream
Midstream
Downstream
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of IT Spending in Oil and Gas companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Information technology refers to all the technology used to handle telecommunications, broadcast media, intelligent building management systems, audiovisual processing and transmission systems, and network-based control and monitoring functions. The information revolution and the extraordinary increase in the spread of knowledge has given birth to a new era-one of knowledge and information which affects directly economic, social, cultural and political activities of all regions of the world.
The global IT Spending in Oil and Gas market was valued at US$ 17050 million in 2023 and is anticipated to reach US$ 23450 million by 2030, witnessing a CAGR of 4.6% during the forecast period 2024-2030.
North America is the largest IT Spending in Oil and Gas market with about 36% market share. Middle East is follower, accounting for about 15% market share.The market for IT Spending in Oil and Gas is fragmented with players such as 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 and Alcatel-Lucent, Top five players account for 34% market share.
This report aims to provide a comprehensive presentation of the global market for IT Spending in Oil and Gas, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IT Spending in Oil and Gas.
Report Scope
The IT Spending in Oil and Gas market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global IT Spending in Oil and Gas market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the IT Spending in Oil and Gas companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Hardware
Software
Services
Segment by Application
Upstream
Midstream
Downstream
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of IT Spending in Oil and Gas companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global IT Spending in Oil and Gas Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Hardware
1.2.3 Software
1.2.4 Services
1.3 Market by Application
1.3.1 Global IT Spending in Oil and Gas Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Upstream
1.3.3 Midstream
1.3.4 Downstream
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global IT Spending in Oil and Gas Market Perspective (2019-2030)
2.2 IT Spending in Oil and Gas Growth Trends by Region
2.2.1 Global IT Spending in Oil and Gas Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 IT Spending in Oil and Gas Historic Market Size by Region (2019-2024)
2.2.3 IT Spending in Oil and Gas Forecasted Market Size by Region (2025-2030)
2.3 IT Spending in Oil and Gas Market Dynamics
2.3.1 IT Spending in Oil and Gas Industry Trends
2.3.2 IT Spending in Oil and Gas Market Drivers
2.3.3 IT Spending in Oil and Gas Market Challenges
2.3.4 IT Spending in Oil and Gas Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top IT Spending in Oil and Gas Players by Revenue
3.1.1 Global Top IT Spending in Oil and Gas Players by Revenue (2019-2024)
3.1.2 Global IT Spending in Oil and Gas Revenue Market Share by Players (2019-2024)
3.2 Global IT Spending in Oil and Gas Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by IT Spending in Oil and Gas Revenue
3.4 Global IT Spending in Oil and Gas Market Concentration Ratio
3.4.1 Global IT Spending in Oil and Gas Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by IT Spending in Oil and Gas Revenue in 2023
3.5 IT Spending in Oil and Gas Key Players Head office and Area Served
3.6 Key Players IT Spending in Oil and Gas Product Solution and Service
3.7 Date of Enter into IT Spending in Oil and Gas Market
3.8 Mergers & Acquisitions, Expansion Plans
4 IT Spending in Oil and Gas Breakdown Data by Type
4.1 Global IT Spending in Oil and Gas Historic Market Size by Type (2019-2024)
4.2 Global IT Spending in Oil and Gas Forecasted Market Size by Type (2025-2030)
5 IT Spending in Oil and Gas Breakdown Data by Application
5.1 Global IT Spending in Oil and Gas Historic Market Size by Application (2019-2024)
5.2 Global IT Spending in Oil and Gas Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America IT Spending in Oil and Gas Market Size (2019-2030)
6.2 North America IT Spending in Oil and Gas Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America IT Spending in Oil and Gas Market Size by Country (2019-2024)
6.4 North America IT Spending in Oil and Gas Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe IT Spending in Oil and Gas Market Size (2019-2030)
7.2 Europe IT Spending in Oil and Gas Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe IT Spending in Oil and Gas Market Size by Country (2019-2024)
7.4 Europe IT Spending in Oil and Gas Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific IT Spending in Oil and Gas Market Size (2019-2030)
8.2 Asia-Pacific IT Spending in Oil and Gas Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific IT Spending in Oil and Gas Market Size by Region (2019-2024)
8.4 Asia-Pacific IT Spending in Oil and Gas Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America IT Spending in Oil and Gas Market Size (2019-2030)
9.2 Latin America IT Spending in Oil and Gas Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America IT Spending in Oil and Gas Market Size by Country (2019-2024)
9.4 Latin America IT Spending in Oil and Gas Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa IT Spending in Oil and Gas Market Size (2019-2030)
10.2 Middle East & Africa IT Spending in Oil and Gas Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa IT Spending in Oil and Gas Market Size by Country (2019-2024)
10.4 Middle East & Africa IT Spending in Oil and Gas Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 GE Oil and Gas
11.1.1 GE Oil and Gas Company Detail
11.1.2 GE Oil and Gas Business Overview
11.1.3 GE Oil and Gas IT Spending in Oil and Gas Introduction
11.1.4 GE Oil and Gas Revenue in IT Spending in Oil and Gas Business (2019-2024)
11.1.5 GE Oil and Gas Recent Development
11.2 SAP
11.2.1 SAP Company Detail
11.2.2 SAP Business Overview
11.2.3 SAP IT Spending in Oil and Gas Introduction
11.2.4 SAP Revenue in IT Spending in Oil and Gas Business (2019-2024)
11.2.5 SAP Recent Development
11.3 IBM
11.3.1 IBM Company Detail
11.3.2 IBM Business Overview
11.3.3 IBM IT Spending in Oil and Gas Introduction
11.3.4 IBM Revenue in IT Spending in Oil and Gas Business (2019-2024)
11.3.5 IBM Recent Development
11.4 Microsoft
11.4.1 Microsoft Company Detail
11.4.2 Microsoft Business Overview
11.4.3 Microsoft IT Spending in Oil and Gas Introduction
11.4.4 Microsoft Revenue in IT Spending in Oil and Gas Business (2019-2024)
11.4.5 Microsoft Recent Development
11.5 Oracle
11.5.1 Oracle Company Detail
11.5.2 Oracle Business Overview
11.5.3 Oracle IT Spending in Oil and Gas Introduction
11.5.4 Oracle Revenue in IT Spending in Oil and Gas Business (2019-2024)
11.5.5 Oracle Recent Development
11.6 Dell
11.6.1 Dell Company Detail
11.6.2 Dell Business Overview
11.6.3 Dell IT Spending in Oil and Gas Introduction
11.6.4 Dell Revenue in IT Spending in Oil and Gas Business (2019-2024)
11.6.5 Dell Recent Development
11.7 ABB
11.7.1 ABB Company Detail
11.7.2 ABB Business Overview
11.7.3 ABB IT Spending in Oil and Gas Introduction
11.7.4 ABB Revenue in IT Spending in Oil and Gas Business (2019-2024)
11.7.5 ABB Recent Development
11.8 Hitachi
11.8.1 Hitachi Company Detail
11.8.2 Hitachi Business Overview
11.8.3 Hitachi IT Spending in Oil and Gas Introduction
11.8.4 Hitachi Revenue in IT Spending in Oil and Gas Business (2019-2024)
11.8.5 Hitachi Recent Development
11.9 Huawei Technologies
11.9.1 Huawei Technologies Company Detail
11.9.2 Huawei Technologies Business Overview
11.9.3 Huawei Technologies IT Spending in Oil and Gas Introduction
11.9.4 Huawei Technologies Revenue in IT Spending in Oil and Gas Business (2019-2024)
11.9.5 Huawei Technologies Recent Development
11.10 Indra Sistemas
11.10.1 Indra Sistemas Company Detail
11.10.2 Indra Sistemas Business Overview
11.10.3 Indra Sistemas IT Spending in Oil and Gas Introduction
11.10.4 Indra Sistemas Revenue in IT Spending in Oil and Gas Business (2019-2024)
11.10.5 Indra Sistemas Recent Development
11.11 Siemens
11.11.1 Siemens Company Detail
11.11.2 Siemens Business Overview
11.11.3 Siemens IT Spending in Oil and Gas Introduction
11.11.4 Siemens Revenue in IT Spending in Oil and Gas Business (2019-2024)
11.11.5 Siemens Recent Development
11.12 TCS
11.12.1 TCS Company Detail
11.12.2 TCS Business Overview
11.12.3 TCS IT Spending in Oil and Gas Introduction
11.12.4 TCS Revenue in IT Spending in Oil and Gas Business (2019-2024)
11.12.5 TCS Recent Development
11.13 Capgemini
11.13.1 Capgemini Company Detail
11.13.2 Capgemini Business Overview
11.13.3 Capgemini IT Spending in Oil and Gas Introduction
11.13.4 Capgemini Revenue in IT Spending in Oil and Gas Business (2019-2024)
11.13.5 Capgemini Recent Development
11.14 Tech Mahindra
11.14.1 Tech Mahindra Company Detail
11.14.2 Tech Mahindra Business Overview
11.14.3 Tech Mahindra IT Spending in Oil and Gas Introduction
11.14.4 Tech Mahindra Revenue in IT Spending in Oil and Gas Business (2019-2024)
11.14.5 Tech Mahindra Recent Development
11.15 Wipro
11.15.1 Wipro Company Detail
11.15.2 Wipro Business Overview
11.15.3 Wipro IT Spending in Oil and Gas Introduction
11.15.4 Wipro Revenue in IT Spending in Oil and Gas Business (2019-2024)
11.15.5 Wipro Recent Development
11.16 HCL Technologies
11.16.1 HCL Technologies Company Detail
11.16.2 HCL Technologies Business Overview
11.16.3 HCL Technologies IT Spending in Oil and Gas Introduction
11.16.4 HCL Technologies Revenue in IT Spending in Oil and Gas Business (2019-2024)
11.16.5 HCL Technologies Recent Development
11.17 Infosys
11.17.1 Infosys Company Detail
11.17.2 Infosys Business Overview
11.17.3 Infosys IT Spending in Oil and Gas Introduction
11.17.4 Infosys Revenue in IT Spending in Oil and Gas Business (2019-2024)
11.17.5 Infosys Recent Development
11.18 DXC Technology
11.18.1 DXC Technology Company Detail
11.18.2 DXC Technology Business Overview
11.18.3 DXC Technology IT Spending in Oil and Gas Introduction
11.18.4 DXC Technology Revenue in IT Spending in Oil and Gas Business (2019-2024)
11.18.5 DXC Technology Recent Development
11.19 CGI Group
11.19.1 CGI Group Company Detail
11.19.2 CGI Group Business Overview
11.19.3 CGI Group IT Spending in Oil and Gas Introduction
11.19.4 CGI Group Revenue in IT Spending in Oil and Gas Business (2019-2024)
11.19.5 CGI Group Recent Development
11.20 Cisco Systems
11.20.1 Cisco Systems Company Detail
11.20.2 Cisco Systems Business Overview
11.20.3 Cisco Systems IT Spending in Oil and Gas Introduction
11.20.4 Cisco Systems Revenue in IT Spending in Oil and Gas Business (2019-2024)
11.20.5 Cisco Systems Recent Development
11.21 Alcatel-Lucent
11.21.1 Alcatel-Lucent Company Detail
11.21.2 Alcatel-Lucent Business Overview
11.21.3 Alcatel-Lucent IT Spending in Oil and Gas Introduction
11.21.4 Alcatel-Lucent Revenue in IT Spending in Oil and Gas Business (2019-2024)
11.21.5 Alcatel-Lucent Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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