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IT Spending Market in Oil and Gas Industry 2024-2028

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    Report

  • 176 Pages
  • February 2024
  • Region: Global
  • TechNavio
  • ID: 5941993
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The IT spending market in oil and gas industry is forecasted to grow by USD 5.25 bn during 2023-2028, accelerating at a CAGR of 5.06% during the forecast period. The report on the IT spending market in oil and gas industry provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The 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 driven by the increasing adoption of digital technologies to enhance operational efficiency and productivity, the rise of cloud computing and digital transformation initiatives, and the increasing adoption of cost-effective IT spending technologies.

The IT spending market in oil and gas industry is segmented as below:

By Component

  • Hardware
  • Services
  • Software

By Application

  • Upstream
  • Downstream
  • Midstream

By Geographical Landscape

  • North America
  • APAC
  • Middle East and Africa
  • Europe
  • South America
This study identifies the increasing need for asset optimization and predictive maintenance as one of the prime reasons driving the IT spending market in oil and gas industry growth during the next few years. Also, increasing focus on sustainability and environmental stewardship in oil and gas industry and growing focus on data-driven insights and analytics will lead to sizable demand in the market.

The report on the IT spending market in oil and gas industry covers the following areas:

  • It spending market in oil and gas industry sizing
  • It spending market in oil and gas industry forecast
  • It spending market in oil and gas industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading IT spending market in oil and gas industry vendors that include ABB Ltd., Accenture Plc, ALE International, Capgemini Service SAS, CGI Inc., Cisco Systems Inc., Dell Technologies Inc., General Electric Co., HCL Technologies Ltd., Huawei Technologies Co. Ltd., Indra Sistemas SA, Infosys Ltd., International Business Machines Corp., Microsoft Corp., Oracle Corp., SAP SE, Siemens AG, Tata Consultancy Services Ltd., Tech Mahindra Ltd., and Wipro Ltd.. Also, the IT spending market in oil and gas industry analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Component
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global IT spending market in oil and gas industry 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global it spending market in oil and gas industry 2018 - 2022 ($ billion)
4.2 Component Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Component Segment 2018 - 2022 ($ billion)
4.3 Application Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Component
6.1 Market segments
Exhibit 30: Chart on Component - Market share 2023-2028 (%)
Exhibit 31: Data Table on Component - Market share 2023-2028 (%)
6.2 Comparison by Component
Exhibit 32: Chart on Comparison by Component
Exhibit 33: Data Table on Comparison by Component
6.3 Hardware - Market size and forecast 2023-2028
Exhibit 34: Chart on Hardware - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Hardware - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Hardware - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Hardware - Year-over-year growth 2023-2028 (%)
6.4 Services - Market size and forecast 2023-2028
Exhibit 38: Chart on Services - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Services - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Services - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Services - Year-over-year growth 2023-2028 (%)
6.5 Software - Market size and forecast 2023-2028
Exhibit 42: Chart on Software - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Data Table on Software - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Chart on Software - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Software - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Component
Exhibit 46: Market opportunity by Component ($ billion)
Exhibit 47: Data Table on Market opportunity by Component ($ billion)
7 Market Segmentation by Application
7.1 Market segments
Exhibit 48: Chart on Application - Market share 2023-2028 (%)
Exhibit 49: Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Exhibit 50: Chart on Comparison by Application
Exhibit 51: Data Table on Comparison by Application
7.3 Upstream - Market size and forecast 2023-2028
Exhibit 52: Chart on Upstream - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Upstream - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Upstream - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Upstream - Year-over-year growth 2023-2028 (%)
7.4 Downstream - Market size and forecast 2023-2028
Exhibit 56: Chart on Downstream - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Downstream - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Downstream - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Downstream - Year-over-year growth 2023-2028 (%)
7.5 Midstream - Market size and forecast 2023-2028
Exhibit 60: Chart on Midstream - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on Midstream - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on Midstream - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Midstream - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Application
Exhibit 64: Market opportunity by Application ($ billion)
Exhibit 65: Data Table on Market opportunity by Application ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 67: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 68: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 APAC - Market size and forecast 2023-2028
Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.5 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.6 Europe - Market size and forecast 2023-2028
Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Russia - Market size and forecast 2023-2028
Exhibit 99: Chart on Russia - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on Russia - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on Russia - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Russia - Year-over-year growth 2023-2028 (%)
9.11 Saudi Arabia - Market size and forecast 2023-2028
Exhibit 103: Chart on Saudi Arabia - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on Saudi Arabia - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on Saudi Arabia - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Saudi Arabia - Year-over-year growth 2023-2028 (%)
9.12 India - Market size and forecast 2023-2028
Exhibit 107: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 108: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 109: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on India - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 111: Market opportunity By Geographical Landscape ($ billion)
Exhibit 112: Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 ABB Ltd.
Exhibit 119: ABB Ltd. - Overview
Exhibit 120: ABB Ltd. - Business segments
Exhibit 121: ABB Ltd. - Key news
Exhibit 122: ABB Ltd. - Key offerings
Exhibit 123: ABB Ltd. - Segment focus
12.4 Capgemini Service SAS
Exhibit 124: Capgemini Service SAS - Overview
Exhibit 125: Capgemini Service SAS - Business segments
Exhibit 126: Capgemini Service SAS - Key news
Exhibit 127: Capgemini Service SAS - Key offerings
Exhibit 128: Capgemini Service SAS - Segment focus
12.5 CGI Inc.
Exhibit 129: CGI Inc. - Overview
Exhibit 130: CGI Inc. - Business segments
Exhibit 131: CGI Inc. - Key news
Exhibit 132: CGI Inc. - Key offerings
Exhibit 133: CGI Inc. - Segment focus
12.6 Cisco Systems Inc.
Exhibit 134: Cisco Systems Inc. - Overview
Exhibit 135: Cisco Systems Inc. - Business segments
Exhibit 136: Cisco Systems Inc. - Key news
Exhibit 137: Cisco Systems Inc. - Key offerings
Exhibit 138: Cisco Systems Inc. - Segment focus
12.7 Dell Technologies Inc.
Exhibit 139: Dell Technologies Inc. - Overview
Exhibit 140: Dell Technologies Inc. - Business segments
Exhibit 141: Dell Technologies Inc. - Key offerings
Exhibit 142: Dell Technologies Inc. - Segment focus
12.8 General Electric Co.
Exhibit 143: General Electric Co. - Overview
Exhibit 144: General Electric Co. - Business segments
Exhibit 145: General Electric Co. - Key offerings
Exhibit 146: General Electric Co. - Segment focus
12.9 HCL Technologies Ltd.
Exhibit 147: HCL Technologies Ltd. - Overview
Exhibit 148: HCL Technologies Ltd. - Business segments
Exhibit 149: HCL Technologies Ltd. - Key news
Exhibit 150: HCL Technologies Ltd. - Key offerings
Exhibit 151: HCL Technologies Ltd. - Segment focus
12.10 Huawei Technologies Co. Ltd.
Exhibit 152: Huawei Technologies Co. Ltd. - Overview
Exhibit 153: Huawei Technologies Co. Ltd. - Business segments
Exhibit 154: Huawei Technologies Co. Ltd. - Key news
Exhibit 155: Huawei Technologies Co. Ltd. - Key offerings
Exhibit 156: Huawei Technologies Co. Ltd. - Segment focus
12.11 Indra Sistemas SA
Exhibit 157: Indra Sistemas SA - Overview
Exhibit 158: Indra Sistemas SA - Business segments
Exhibit 159: Indra Sistemas SA - Key offerings
Exhibit 160: Indra Sistemas SA - Segment focus
12.12 International Business Machines Corp.
Exhibit 161: International Business Machines Corp. - Overview
Exhibit 162: International Business Machines Corp. - Business segments
Exhibit 163: International Business Machines Corp. - Key news
Exhibit 164: International Business Machines Corp. - Key offerings
Exhibit 165: International Business Machines Corp. - Segment focus
12.13 Oracle Corp.
Exhibit 166: Oracle Corp. - Overview
Exhibit 167: Oracle Corp. - Business segments
Exhibit 168: Oracle Corp. - Key news
Exhibit 169: Oracle Corp. - Key offerings
Exhibit 170: Oracle Corp. - Segment focus
12.14 SAP SE
Exhibit 171: SAP SE - Overview
Exhibit 172: SAP SE - Business segments
Exhibit 173: SAP SE - Key news
Exhibit 174: SAP SE - Key offerings
Exhibit 175: SAP SE - Segment focus
12.15 Siemens AG
Exhibit 176: Siemens AG - Overview
Exhibit 177: Siemens AG - Business segments
Exhibit 178: Siemens AG - Key news
Exhibit 179: Siemens AG - Key offerings
Exhibit 180: Siemens AG - Segment focus
12.16 Tata Consultancy Services Ltd.
Exhibit 181: Tata Consultancy Services Ltd. - Overview
Exhibit 182: Tata Consultancy Services Ltd. - Business segments
Exhibit 183: Tata Consultancy Services Ltd. - Key news
Exhibit 184: Tata Consultancy Services Ltd. - Key offerings
Exhibit 185: Tata Consultancy Services Ltd. - Segment focus
12.17 Tech Mahindra Ltd.
Exhibit 186: Tech Mahindra Ltd. - Overview
Exhibit 187: Tech Mahindra Ltd. - Business segments
Exhibit 188: Tech Mahindra Ltd. - Key offerings
Exhibit 189: Tech Mahindra Ltd. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 190: Inclusions checklist
Exhibit 191: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 192: Currency conversion rates for US$
13.4 Research methodology
Exhibit 193: Research methodology
Exhibit 194: Validation techniques employed for market sizing
Exhibit 195: Information sources
13.5 List of abbreviations
Exhibit 196: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Component
Exhibits 6: Executive Summary - Chart on Market Segmentation by Application
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Historic Market Size - Data Table on global it spending market in oil and gas industry 2018 - 2022 ($ billion)
Exhibits 19: Historic Market Size - Component Segment 2018 - 2022 ($ billion)
Exhibits 20: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on Component - Market share 2023-2028 (%)
Exhibits 31: Data Table on Component - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by Component
Exhibits 33: Data Table on Comparison by Component
Exhibits 34: Chart on Hardware - Market size and forecast 2023-2028 ($ billion)
Exhibits 35: Data Table on Hardware - Market size and forecast 2023-2028 ($ billion)
Exhibits 36: Chart on Hardware - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Hardware - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on Services - Market size and forecast 2023-2028 ($ billion)
Exhibits 39: Data Table on Services - Market size and forecast 2023-2028 ($ billion)
Exhibits 40: Chart on Services - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on Services - Year-over-year growth 2023-2028 (%)
Exhibits 42: Chart on Software - Market size and forecast 2023-2028 ($ billion)
Exhibits 43: Data Table on Software - Market size and forecast 2023-2028 ($ billion)
Exhibits 44: Chart on Software - Year-over-year growth 2023-2028 (%)
Exhibits 45: Data Table on Software - Year-over-year growth 2023-2028 (%)
Exhibits 46: Market opportunity by Component ($ billion)
Exhibits 47: Data Table on Market opportunity by Component ($ billion)
Exhibits 48: Chart on Application - Market share 2023-2028 (%)
Exhibits 49: Data Table on Application - Market share 2023-2028 (%)
Exhibits 50: Chart on Comparison by Application
Exhibits 51: Data Table on Comparison by Application
Exhibits 52: Chart on Upstream - Market size and forecast 2023-2028 ($ billion)
Exhibits 53: Data Table on Upstream - Market size and forecast 2023-2028 ($ billion)
Exhibits 54: Chart on Upstream - Year-over-year growth 2023-2028 (%)
Exhibits 55: Data Table on Upstream - Year-over-year growth 2023-2028 (%)
Exhibits 56: Chart on Downstream - Market size and forecast 2023-2028 ($ billion)
Exhibits 57: Data Table on Downstream - Market size and forecast 2023-2028 ($ billion)
Exhibits 58: Chart on Downstream - Year-over-year growth 2023-2028 (%)
Exhibits 59: Data Table on Downstream - Year-over-year growth 2023-2028 (%)
Exhibits 60: Chart on Midstream - Market size and forecast 2023-2028 ($ billion)
Exhibits 61: Data Table on Midstream - Market size and forecast 2023-2028 ($ billion)
Exhibits 62: Chart on Midstream - Year-over-year growth 2023-2028 (%)
Exhibits 63: Data Table on Midstream - Year-over-year growth 2023-2028 (%)
Exhibits 64: Market opportunity by Application ($ billion)
Exhibits 65: Data Table on Market opportunity by Application ($ billion)
Exhibits 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 67: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 68: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 69: Chart on Geographic comparison
Exhibits 70: Data Table on Geographic comparison
Exhibits 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 73: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 83: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 84: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 89: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 93: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 94: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 95: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 97: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 98: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 99: Chart on Russia - Market size and forecast 2023-2028 ($ billion)
Exhibits 100: Data Table on Russia - Market size and forecast 2023-2028 ($ billion)
Exhibits 101: Chart on Russia - Year-over-year growth 2023-2028 (%)
Exhibits 102: Data Table on Russia - Year-over-year growth 2023-2028 (%)
Exhibits 103: Chart on Saudi Arabia - Market size and forecast 2023-2028 ($ billion)
Exhibits 104: Data Table on Saudi Arabia - Market size and forecast 2023-2028 ($ billion)
Exhibits 105: Chart on Saudi Arabia - Year-over-year growth 2023-2028 (%)
Exhibits 106: Data Table on Saudi Arabia - Year-over-year growth 2023-2028 (%)
Exhibits 107: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibits 108: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibits 109: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibits 110: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibits 111: Market opportunity By Geographical Landscape ($ billion)
Exhibits 112: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits 113: Impact of drivers and challenges in 2023 and 2028
Exhibits 114: Overview on Criticality of inputs and Factors of differentiation
Exhibits 115: Overview on factors of disruption
Exhibits 116: Impact of key risks on business
Exhibits 117: Vendors covered
Exhibits 118: Matrix on vendor position and classification
Exhibits 119: ABB Ltd. - Overview
Exhibits 120: ABB Ltd. - Business segments
Exhibits 121: ABB Ltd. - Key news
Exhibits 122: ABB Ltd. - Key offerings
Exhibits 123: ABB Ltd. - Segment focus
Exhibits 124: Capgemini Service SAS - Overview
Exhibits 125: Capgemini Service SAS - Business segments
Exhibits 126: Capgemini Service SAS - Key news
Exhibits 127: Capgemini Service SAS - Key offerings
Exhibits 128: Capgemini Service SAS - Segment focus
Exhibits 129: CGI Inc. - Overview
Exhibits 130: CGI Inc. - Business segments
Exhibits 131: CGI Inc. - Key news
Exhibits 132: CGI Inc. - Key offerings
Exhibits 133: CGI Inc. - Segment focus
Exhibits 134: Cisco Systems Inc. - Overview
Exhibits 135: Cisco Systems Inc. - Business segments
Exhibits 136: Cisco Systems Inc. - Key news
Exhibits 137: Cisco Systems Inc. - Key offerings
Exhibits 138: Cisco Systems Inc. - Segment focus
Exhibits 139: Dell Technologies Inc. - Overview
Exhibits 140: Dell Technologies Inc. - Business segments
Exhibits 141: Dell Technologies Inc. - Key offerings
Exhibits 142: Dell Technologies Inc. - Segment focus
Exhibits 143: General Electric Co. - Overview
Exhibits 144: General Electric Co. - Business segments
Exhibits 145: General Electric Co. - Key offerings
Exhibits 146: General Electric Co. - Segment focus
Exhibits 147: HCL Technologies Ltd. - Overview
Exhibits 148: HCL Technologies Ltd. - Business segments
Exhibits 149: HCL Technologies Ltd. - Key news
Exhibits 150: HCL Technologies Ltd. - Key offerings
Exhibits 151: HCL Technologies Ltd. - Segment focus
Exhibits 152: Huawei Technologies Co. Ltd. - Overview
Exhibits 153: Huawei Technologies Co. Ltd. - Business segments
Exhibits 154: Huawei Technologies Co. Ltd. - Key news
Exhibits 155: Huawei Technologies Co. Ltd. - Key offerings
Exhibits 156: Huawei Technologies Co. Ltd. - Segment focus
Exhibits 157: Indra Sistemas SA - Overview
Exhibits 158: Indra Sistemas SA - Business segments
Exhibits 159: Indra Sistemas SA - Key offerings
Exhibits 160: Indra Sistemas SA - Segment focus
Exhibits 161: International Business Machines Corp. - Overview
Exhibits 162: International Business Machines Corp. - Business segments
Exhibits 163: International Business Machines Corp. - Key news
Exhibits 164: International Business Machines Corp. - Key offerings
Exhibits 165: International Business Machines Corp. - Segment focus
Exhibits 166: Oracle Corp. - Overview
Exhibits 167: Oracle Corp. - Business segments
Exhibits 168: Oracle Corp. - Key news
Exhibits 169: Oracle Corp. - Key offerings
Exhibits 170: Oracle Corp. - Segment focus
Exhibits 171: SAP SE - Overview
Exhibits 172: SAP SE - Business segments
Exhibits 173: SAP SE - Key news
Exhibits 174: SAP SE - Key offerings
Exhibits 175: SAP SE - Segment focus
Exhibits 176: Siemens AG - Overview
Exhibits 177: Siemens AG - Business segments
Exhibits 178: Siemens AG - Key news
Exhibits 179: Siemens AG - Key offerings
Exhibits 180: Siemens AG - Segment focus
Exhibits 181: Tata Consultancy Services Ltd. - Overview
Exhibits 182: Tata Consultancy Services Ltd. - Business segments
Exhibits 183: Tata Consultancy Services Ltd. - Key news
Exhibits 184: Tata Consultancy Services Ltd. - Key offerings
Exhibits 185: Tata Consultancy Services Ltd. - Segment focus
Exhibits 186: Tech Mahindra Ltd. - Overview
Exhibits 187: Tech Mahindra Ltd. - Business segments
Exhibits 188: Tech Mahindra Ltd. - Key offerings
Exhibits 189: Tech Mahindra Ltd. - Segment focus
Exhibits 190: Inclusions checklist
Exhibits 191: Exclusions checklist
Exhibits 192: Currency conversion rates for US$
Exhibits 193: Research methodology
Exhibits 194: Validation techniques employed for market sizing
Exhibits 195: Information sources
Exhibits 196: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global IT spending market in oil and gas industry: ABB Ltd., Accenture Plc, ALE International, Capgemini Service SAS, CGI Inc., Cisco Systems Inc., Dell Technologies Inc., General Electric Co., HCL Technologies Ltd., Huawei Technologies Co. Ltd., Indra Sistemas SA, Infosys Ltd., International Business Machines Corp., Microsoft Corp., Oracle Corp., SAP SE, Siemens AG, Tata Consultancy Services Ltd., Tech Mahindra Ltd., and Wipro Ltd.

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increasing need for asset optimization and predictive maintenance.'

According to the report, one of the major drivers for this market is the increasing adoption of digital technologies to enhance operational efficiency and productivity.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB Ltd.
  • Accenture Plc
  • ALE International
  • Capgemini Service SAS
  • CGI Inc.
  • Cisco Systems Inc.
  • Dell Technologies Inc.
  • General Electric Co.
  • HCL Technologies Ltd.
  • Huawei Technologies Co. Ltd.
  • Indra Sistemas SA
  • Infosys Ltd.
  • International Business Machines Corp.
  • Microsoft Corp.
  • Oracle Corp.
  • SAP SE
  • Siemens AG
  • Tata Consultancy Services Ltd.
  • Tech Mahindra Ltd.
  • Wipro Ltd.

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