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Global Big Data market in the Oil and Gas sector to grow at a CAGR of 56.45 percent by 2018

Global Big Data Market in the Oil and Gas Sector 2014-2018 is a new market research publication announced by Reportstack. Big data solutions are a wide range of solutions required for processing and analyzing enterprise data that are too large for traditional data processing tools to manage. The Oil and Gas sector generates various types of structured and unstructured data. These types of data range from terabytes (1012 bytes) to petabytes (1015 bytes) and even to exabytes (1018 bytes) in size. Big data solutions are used in the Oil and Gas sector to provide a faster consolidated view of organization-wide information. They also help in improving operational performance and maximizing profitability.

The analysts forecast that the Global Big Data market in the Oil and Gas sector to grow at a CAGR of 56.45 percent over the period 2013-2018. This report covers the present scenario and the growth prospects of the Global Big Data market in the Oil and Gas sector for the upstream market during the period 2014-2018. To calculate the market size, the report considers revenue generated from sales of big data solutions in the Oil and Gas sector for upstream market. The revenue generated from sales of big data-related hardware, software, and services is taken into consideration to calculate the market size. The report also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the Global Big Data market in the Oil and Gas sector for upstream market. In addition, it discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Key Regions

• Americas

• APAC

• EMEA

Key Vendors

• Hewlett-Packard

• Hitachi Data Systems

• IBM

• Oracle

Other Prominent Vendors

• Cloudera

• EMC

• MapR Technologies

• SAP

To access full report with TOC, please visit Global Big Data Market in the Oil and Gas Sector 2014-2018.