Information technology refers to all the technology used to handle telecommunications, broadcast media, intelligent building management systems, audiovisual processing and transmission systems, and network-based control and monitoring functions. The information revolution and the extraordinary increase in the spread of knowledge has given birth to a new era-one of knowledge and information which affects directly economic, social, cultural and political activities of all regions of the world. This report aims to provide a comprehensive presentation of the global market for IT Spending in Oil and Gas, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IT Spending in Oil and Gas. This report contains market size and forecasts of IT Spending in Oil and Gas in global, including the following market information: Global IT Spending in Oil and Gas Market Revenue, 2018-2023, 2024-2029, ($ millions) Global top five companies in 2022 (%) The global IT Spending in Oil and Gas market was valued at US$ 17540 million in 2022 and is projected to reach US$ 23720 million by 2029, at a CAGR of 4.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. North America is the largest IT Spending in Oil and Gas market with about 36% market share. Middle East is follower, accounting for about 15% market share.The market for IT Spending in Oil and Gas is fragmented with players such as GE Oil and Gas, SAP, IBM, Microsoft, Oracle, Dell, ABB, Hitachi, Huawei Technologies, Indra Sistemas, Siemens, TCS, Capgemini, Tech Mahindra, Wipro, HCL Technologies, Infosys, DXC Technology, CGI Group, Cisco Systems and Alcatel-Lucent, Top five players account for 34% market share. MARKET MONITOR GLOBAL, INC (MMG) has surveyed the IT Spending in Oil and Gas companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks. Total Market by Segment: Global IT Spending in Oil and Gas Market, by Type, 2018-2023, 2024-2029 ($ millions) Global IT Spending in Oil and Gas Market Segment Percentages, by Type, 2022 (%) Hardware Software Services Global IT Spending in Oil and Gas Market, by Application, 2018-2023, 2024-2029 ($ millions) Global IT Spending in Oil and Gas Market Segment Percentages, by Application, 2022 (%) Upstream Midstream Downstream Global IT Spending in Oil and Gas Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) Global IT Spending in Oil and Gas Market Segment Percentages, By Region and Country, 2022 (%) North America US Canada Mexico Europe Germany France U.K. Italy Russia Nordic Countries Benelux Rest of Europe Asia China Japan South Korea Southeast Asia India Rest of Asia South America Brazil Argentina Rest of South America Middle East & Africa Turkey Israel Saudi Arabia UAE Rest of Middle East & Africa Competitor Analysis The report also provides analysis of leading market participants including: Key companies IT Spending in Oil and Gas revenues in global market, 2018-2023 (estimated), ($ millions) Key companies IT Spending in Oil and Gas revenues share in global market, 2022 (%) Further, the report presents profiles of competitors in the market, key players include: GE Oil and Gas SAP IBM Microsoft Oracle Dell ABB Hitachi Huawei Technologies Indra Sistemas Siemens TCS Capgemini Tech Mahindra Wipro HCL Technologies Infosys DXC Technology CGI Group Cisco Systems Alcatel-Lucent Outline of Major Chapters: Chapter 1: Introduces the definition of IT Spending in Oil and Gas, market overview. Chapter 2: Global IT Spending in Oil and Gas market size in revenue. Chapter 3: Detailed analysis of IT Spending in Oil and Gas company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc. Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. Chapter 6: Sales of IT Spending in Oil and Gas in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world. Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. Chapter 8: The main points and conclusions of the report.
1 Introduction to Research & Analysis Reports 1.1 IT Spending in Oil and Gas Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global IT Spending in Oil and Gas Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process
