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Global Exploration & Production (E&P) Software Market Projected to Reach a CAGR of 18.9% By 2024

Press release Description

Albany, New York, July 28, 2017: The exploration & production (E&P) software market is all geared up to witness new developments powered by the oil and gas sectors. To look into this big potential, a new study has been included into the vast online repository of Market Research Reports Search Engine (MRRSE), with the title ‘’Exploration & Production (E&P) Software Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024‘’. The study aims to give honest guidelines with regards to the most useful market features such as the leading business schemes, forecasts and players.

According to this report, the global exploration and production software market is estimated to reach a CAGR of 18.9 % during the forecast period from 2016 to 2024, to reach the value of US$ 14.7 Billion in 2024. Firstly the report begins with clear market definition and scope, together with a market segmentation and the key research objectives. In this part, a straight forward overview of the research highlights, assumptions and research methodology, as well as the executive summary of the market is enclosed carefully. Similarly, a neat market overview, introduction to the industry, together with the data on the definitions and industry evolution or developments are all well-evaluated in this descriptive synopsis.

This study has an extensive number of market segments that are evaluated, where in the beginning considering the deployment type the market is split into on premise software and cloud-based software, whereas in terms of the operation type the market is divided into onshore and offshore. Similarly, in relation to the software type some of the chief market segments from the exhaustive list are risk management mapping, seismic amplitude analysis, portfolio aggregation, performance tracking, navigation system, resource valuation; reservoir characterization- reservoir imaging, reservoir monitoring, sub surface evaluation, pressure & flow-rate measurement; reservoir simulation – black oil simulator, compositional simulator, thermal compositional simulator; production – production engineering (flow assurance engineering, production analytics), production operations, production data management systems (PDMS) and digital oilfield.

Within this premium report, there is the highly beneficial analysis in terms of the country or regions focused in this research. These exclusive regions are North America – the U.S. Canada and the Rest of North America; Europe-Germany, France, the U.K., Italy, Spain and the Rest of Europe; Asia Pacific-China, Japan, India, Australia and the Rest of Asia Pacific; Middle East & Africa-The UAE, Saudi Arabia, South Africa, Rest of the Middle East & Africa; South America – Brazil and the Rest of South America. Extremely beneficial information about the market analysis and forecasts, for the period between 2014 and 2024 is also enclosed in this study.

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