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Oil and Gas Mobility Market


Information & Communications Technology
Mobility & Telecom

Mobility solutions are been specifically used for transferring field data to the downstream office for analysis. Despite the omnipresence and reliability of network coverage, oil and gas activities are frequently outside the service range available from most of the wireless providers. Thus, there is an increasing need to develop and deploy mobility solutions across the oil and gas industry to increase operational effectiveness. Comprehensive mobility solutions make it easier to extend support to drilling and production locations, even in geographically challenging or remote areas. These enhanced functionalities enable mobility solutions to function in a bidirectional manner improving efficiency as well as managing resources optimally.

Mobile workforce solutions are supported by real-time infrastructures that can drive significant improvements in operational efficiency when working in challenging areas such as offshore locations or remote mountain ranges. The workforce solutions capture augmented field data and facilitate communications that are important to support complex operational processes and activities required due to topography, geological formations, or oil density. Equipped with their mobility solutions, oil and gas field staff is able to perform processes like managing work schedules, remote management, prompt guidance and problem-solving, decision-making with real-time data and environmental, health, and safety data.

This study is done to understand the structure of the oil and gas mobility market and is intended to help the oil and gas upstream firms, midstream and downstream firms to better serve its clients, government refineries and enterprises. The overall market size in this study has been defined by considering the revenues generated by the vendors which offer global mobility applications, and services. Various software applications which have been considered while deriving the software market size are Asset Management, Materials Management, Mobile Analytics, Risk and Regulatory Compliance, Workforce Automation and, Others. Additionally, various deployment types which have been considered while deriving the market size include on-premises and hosted type. Further, the various services which have been considered while deriving the application market size include professional services, integration services, and cloud services. The overall oil and gas mobility market size has been further segmented into user types which include enterprises and SMBs providers present across all the regions, namely North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America.

The oil and gas mobility application market size is expected to grow from $7,007.5 million in 2015 to $18,693.9 million in 2020, at an estimated CAGR of 21.7%. The oil and gas mobility software market size is expected to grow from $5,986.12 million in 2015 to $16,634.88 million in 2020, at an estimated CAGR of 22.7%. The services market size is expected to grow from $1,021.4 million in 2015 to $2,059.0 million in 2020, at an estimated CAGR of 15.1%.

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