Increasing shift towards an online platform to fuel demand in the global Exploration and Production Software market. The market has been witnessing the development of new technology. Fortune Business Insights has announced publishing of a report, titled “Exploration and Production Software Market Size, Share and Global Trend By Technology (Premise, Cloud-based, Managed) Software, By Applications (Risk Management Mapping, Seismic Amplitude Analysis, Portfolio Aggregation, others), By Industry Vertical (Oil & Gas, Mine & Metallurgy, Other) and Geography Forecast till 2025”.
Key players are expected to emphasize integrating Artificial Intelligence in the system. This is anticipated to propel the growth in the global Exploration and Production Software market, said a lead analyst at Fortune Business Insights.
Top Players List:
- Schlumberger Limited
- Paradigm B.V.
- ION Geophysical Corporation
- ETL Solutions Ltd.
- Exprodat Consulting Ltd.
- Landmark Solutions
- Baker Hughes Incorporated
- IHS Inc.
- Emerson Electric Co.
- Computer Modelling Group Ltd.
- Kongsberg Gruppen ASA
- GE Oil & Gas
- Pason Systems Corp.
- Ikon Science Limited.
The integration of the internet of things with the system is a major factor anticipated to fuel the demand in the market during the forecast period 2018-2025. Additionally, the rising adoption of e-financial services is expected to boost the global market.
Major Segments Mentioned:
- By Applications
- By End User Types
- By Geography
On the contrary, the high cost associated with upgraded technology is a factor that may restrain the global Exploration and Production Software market.
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
As stated in the report, North America held a significant share in the market in 2017. The region is expected to witness impressive growth during the forecast period. Owing to intense research and development taking place in the region for IoT integration in the system is likely to enable the growth in the region. Besides this, Asia Pacific is expected to witness promising growth owing to the rising adoption of a sedentary lifestyle in nations such as India and China.
The report also offers insights on the key players operating in the global Exploration and Production Software market.
Major Table of Content for Exploration and Production Software Market:
- Executive Summary
- Market Dynamics
- Key Insights
- Global Exploration and Production Software Market Analysis, Insights and Forecast, 2014-2025
- North America Exploration and Production Software Market Analysis, Insights and Forecast, 2014-2025
- Europe Exploration and Production Software Market Analysis, Insights and Forecast, 2014-2025
- Asia Pacific Exploration and Production Software Market Analysis, Insights and Forecast, 2014-2025
- Middle East and Africa Exploration and Production Software Market Analysis, Insights and Forecast, 2014-2025
- Latin America Exploration and Production Software Market Analysis, Insights and Forecast, 2014-2025
- Competitive Landscape
- Company Profile
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