Big data market in the oil and gas sector to register a CAGR of 19.40%. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by the way of synthesis and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Accenture Plc, Alphabet Inc., Amazon Web Services Inc., BigPanda Inc., Capgemini SE, General Electric Co., International Business Machines Corp., Microsoft Corp., Oracle Corp., and SAP SE are some of the major market participants. The need to optimize production will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help businesses improve their market position, the big data market in the oil and gas sector market provides a detailed analysis of vendors operating in the market. Some of these vendors include Accenture Plc, Alphabet Inc., Amazon Web Services Inc., BigPanda Inc., Capgemini SE, General Electric Co., International Business Machines Corp., Microsoft Corp., Oracle Corp., and SAP SE.