Research & Markets: Global Oilfield Communications Market 2015-2019 with Erf Wireless, Alcatel-Lucent, Harris Caprock Communi...
28 March 2015 - 2:28AM
Business Wire
Research and Markets
(http://www.researchandmarkets.com/research/3sr3sl/global_oilfield)
has announced the addition of the "Global Oilfield Communications
Market 2015-2019" report to their offering.
The Global Oilfield Communications market to grow at a CAGR of
5.7% 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.
The report, 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.
Increased investments in oilfield communication technologies
such as VSAT, fiber optic communications, and cloud services by
market vendors are expected to improve the efficiency of oil and
gas facilities. It is expected that with increased investments,
technology will improve, thereby reducing the scope of challenges
and problems.
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.
Key Vendors
- Alcatel-Lucent International
- Erf Wireless
- Harris Caprock Communications
- Hermes Datacommunications International
- Huawei Technologies
Other Prominent Vendors
- Hughes Network Systems
- Inmarsat
- Itc Global
- Rignet
Key Topics Covered:
- 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 more information visit
http://www.researchandmarkets.com/research/3sr3sl/global_oilfield
Research and MarketsLaura Wood, Senior
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U.S.): +353-1-481-1716Sector: Energy and Natural Resources