Key Manufacturers Operating in Internet of Things (IoT) in Oil and Gas Market to Hit Lucrative Growth Objectives

 

Market Insights

As per recent research by MarkNtel Advisors, The Global Internet of Things (IoT) in Oil and Gas Market is likely to grow at around 23% CAGR during the forecast period, i.e., 2023-28.

Growth Opportunities: Introduction of DDS (Data Distribution Service) For Remote Access

Companies working with IoT devices are required to choose a storage solution for remote access. The proposed DDS (Data Distribution Service) is capable of handling massive amounts of data from many sources. It can be used to store data from a remote location and has the ability to deal with historical data. The storage can be designed to support various data kinds and offer various storage levels. Additionally, it manages high-rate data streams from a variety of IoT objects. By calling particular data flow processing within the DDS, it may adjust to this high-velocity input. Thus, organizations must develop their data management plan in order to fully benefit from cloud-based data storage. While some data may need to be preserved for regulatory considerations, some data needs to be kept locally. Backed by the unparalleled benefits, the industry players are largely leaning towards these solutions.

“In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecasts for years 2024 to 2030, including market size, industry trends, and competitive analysis. It wouldn't take long for the team to deliver the most recent version of the report.”

Request Free Sample Report: https://www.marknteladvisors.com/query/request-sample/global-iot-in-oil-and-gas-market.html

Market Segmentation and Consumer Behavior:

By Solution

• Communication
• Sensing
• Data Management
• Cloud and Edge Computing

By Industry Stream

• Upstream
• Downstream
• Midstream

By Application

• Preventive Maintenance
• Pipeline & Equipment Monitoring
• Fleet and Asset Management
• Security Management
• Asset Management
• Others (Data Management and Hazardous Management)

Read Full Report: https://www.marknteladvisors.com/research-library/global-iot-in-oil-and-gas-market.html

Internet of Things (IoT) in Oil and Gas Market Geographical Analysis:

By Region:

• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa

Key Players and Competitive Strategies in the Internet of Things (IoT) in Oil and Gas Market

Several prominent players dominate the Internet of Things (IoT) in Oil and Gas Market, including:

• Intel Corporation
• Amazon Web Services, Inc.
• IBM Corporation
• Microsoft Corporation
• Alphabet Inc.
• Cognizant
• Siemens AG
• Rockwell Automation Inc.
• General Electric Company
• Wipro Limited
• SAP SE
• Cisco Systems, Inc.
• HCL Technologies Ltd.
• Telit Communications PLC
• PTC Inc.

Report Delivery - MarkNtel Advisors offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.

Questions Addressed in this Study

1.What factors are driving the Internet of Things (IoT) in Oil and Gas Market growth?

2.How is the Internet of Things (IoT) in Oil and Gas Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Internet of Things (IoT) in Oil and Gas Market?

4.What is the current size of the Internet of Things (IoT) in Oil and Gas Market, and how is it projected to change in the future?

5.What is the future outlook for the Internet of Things (IoT) in Oil and Gas Market in terms of technological advancements and market expansion?

Request Customization - https://www.marknteladvisors.com/query/request-customization/global-iot-in-oil-and-gas-market.html

Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

For Media Inquiries, Please Contact:

Call: +1 628 895 8081 | +91 120 4278433

Email: sales@marknteladvisors.com

Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511

Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India