Report forecast the Global Oilfield Communications market to grow at a
CAGR of 5.7 percent over the period 2014-2019.
Oilfield communication comprises all communication technologies used
in oilfields. These communication technologies provide support to the oil and
gas companies that require advanced automation, monitoring, and reporting
technology. Oilfield communications need a reliable and efficient wireless
network that is able to function over long distances and under harsh weather
conditions. Oilfield communication networks and technologies provide lightning
broadband speeds, thereby supporting multiple applications that ultimately
improve the operational efficiency and safety of the oilfield operations in a
cost-effective manner.
According to the report, the implementation of smart and efficient
digital oilfields is one key factor driving market growth. There has been an
increased focus on the implementation of smart digital oilfields, which is more
robust and reliable compared to existing oilfields in communication
infrastructures and in other operational areas.
Further, the report states that cyber security threats to oilfield
communication networks are a serious concern. The oilfield is connected to
various networks because of the need to integrate different technologies, which
exposes it to virus attacks and potential mishandling of software or hardware
by engineers or operators.
Global Oilfield Communications Market 2015-2019, has been prepared
based on an in-depth market analysis with inputs from industry experts. The
report covers the Global Oilfield Communications market landscape and its
growth prospects over the coming years. The report also includes the
segmentation of Global Oilfield Communications market on the basis of
technology. The report also includes the geographical segmentation of the
Global Oilfield Communications market. The report includes a discussion of the
key vendors operating in this market.
key players in the Global Oilfield Communications Market:
Alcatel-Lucent International, ERF Wireless, Inc., Harris CapRock
Communications, Inc., Hermes Datacommunications International Ltd. and Huawei
Technologies Co. Ltd.
Other Prominent Vendors in the market are: Hughes Network Systems,
Inmarsat, Itc Global and Rignet.
Market Driver
- Increased Implementation of Digital Oilfields
- For a full, detailed list, view our report
Market Challenge
- Cyber Security Threat to Oilfield Communication Networks
- For a full, detailed list, view our report
Market Trend
- Increased Investment by Market Vendors
- For a full, detailed list, view our report
Key Questions Answered in this
Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 70 pages “Global
Oilfield Communications Market 2015-2019” report covers the Executive
Summary, List of Abbreviations, Scope of the Report, Market Research
Methodology, Introduction, Market Landscape, Market Segmentation by Technology,
Geographical Segmentation, Key Leading Countries, Buying Criteria, Market
Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers
and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key
Vendor Analysis.
For
further information on this report, please visit- http://mrr.cm/4xw
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