Oilfield Communications Market Analysis 2020-2025 With Impact Analysis of COVID-19, Rising Demand From Telecom Sector, Leading 10 Companies, Future Growth Opportunities, Latest Technology

The Global Oilfield Communications Market was valued at USD 2.91 billion in 2016 and is projected to reach USD 5.87 billion by 2025, growing at a CAGR of 8.1% from 2017 to 2025.

Oilfield Communication refers to communication solutions that provide support to the oil and gas companies that need continuous information about production processes, advanced monitoring, oil exploration, automation, and reporting technology. Communication infrastructure in remote and harsh oilfields enables better informed decision making between offshore and onshore operations. It creates a virtual environment where effective communication and collaboration among experts can occur.

Download Sample of This Strategic Report: https://www.kennethresearch.com/sample-request-10059523

Sample Infographics:

Market Dynamics:

1. Market Drivers
1.1 Growth of New Subsea Oilfields
1.2 Cost Effective Solutions in Oil and Gas Industry
1.3 Oil and Gas industry Integration
1.4 Increasing Cyber security Threats for Oil and Gas Industry

2. Market Restraints
2.1 Data Security , Asset Security, Monitoring and Maintenance Concerns
2.2 Downturn of the Oil and Gas Industry

Market Segmentation:

The Global Oilfield Communications Market is segmented on the basis of communication network technology, component, deployment model, verticals, and region.
1. By Communication Network Technology:

1.1 Cellular Communication Network
1.2 VSAT Communication Network
1.3 Fiber Optic Based Communication Network
1.4 Microwave communication network
1.5 Tetra Network
1.6 Different Band Types (L-Band, HTS, KU Band, C Band)
1.7 Live Streaming
1.8 Others

2. By Component:

2.1 Solutions
2.1.1 VoIP Solutions
2.1.2 Oilfield to Control Center Data Communication
2.1.3 M2M Communication
2.1.4 Unified Communications
2.1.5 Pipeline Supervisory Control And Data Acquisition
2.1.6 Fleet Management Communication
2.1.7 Asset Performance Communications
2.1.8 Video Conferencing
2.1.9 Wi-Fi Hotspot
2.1.10 Others

2.2 Services
2.2.1 Managed Services
2.2.2 Professional Services
2.2.3 Others

3. By Field Site:

3.1 Onshore Communications
3.2 Offshore Communication

4. By Region:

4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Siemens AG
2. Alcatel-Lucent S.A.
3. Speedcast International Limited
4. Ceragon Networks Ltd.
5. Huawei Technologies Co. Ltd.
6. Rad Data Communications, Inc.
7. ABB Ltd
8. Rignet, Inc.
9. Commscope, Inc.
10. Hughes Network Systems LLC
11. Inmarsat PLC
12. Airspan Networks, Inc.
13. Tait Communications
14. Commtel Networks Pvt. Ltd
15. Baker Hughes Incorporated

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Request For Full Report: https://www.kennethresearch.com/sample-request-10059523

RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Global Oilfield Communications Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the research methodology of verified market research and other aspects of the research study, kindly get in touch with our sales team.

About Kenneth Research:

Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

Contact Us

Kenneth Research

Email:  Sales@kennethresearch.com

Phone: +1 313 462 0609

Darlene Dooley is a research expert and freelance writer. She is very dedicated towards her work and writing. She enjoys to write on current news on any industry and conclude the news with highly professional report. She has almost 8 years of experience in the same field. She has strong professional skill in Market research, Business Strategies, online marketing, Industry analysis interested in innovative and trending technologies.

Leave a Reply