Lewes, DE -- (SBWire) -- 08/19/2015 --Companies are having a hard time in regulating the supply of oil and gas over the globe due to the increasing global order for fuel, the global oil and gas mobility market is expected to grow at a compound annual growth rate (CAGR) of 17.47% and reach US$25.99 billion by 2022 from $7.17 billion in 2014.
Since, oil and gas industry involves complex data, there is an improved need of considerable amount of investment in mobility sector. Thus many oil companies are transforming their traditional practices into a mobile performance-powered approach, which acts as a key driver for the Global oil and gas mobility market. However, optimum utilization of resources such as human, technology, processes and financial data is the critical challenge for this market.
The global Oil and Gas Mobility market is categorized into four segments — applications, service, end user, deployment type and geography. Based on application type, the global Oil and Gas Mobility market is segmented into Asset Management, Data Management, Materials Management, Mobile Analytics Risk and Regulatory Compliance, Workforce Automation and others. By end user, the global Oil and Gas Mobility market is divided into SMB's, Enterprises. By service, the global Oil and Gas Mobility market is segregated into Professional Services, Integration Services and Cloud Services. By deployment type, market is categorized into On-premise and Hosted. By geography, the global Oil and Gas Mobility market is segmented into North America, Europe, Asia Pacific and Rest of the World. North America is expected to be the biggest market in terms of market size, while Europe and Asia-Pacific (APAC) are expected to experience increased market trend, during the forecast period.
The major players in the global Oil and Gas Mobility market include Oracle Corporation, SAP SE, Microsoft, CISCO Corporation, Hewlett-Packard, Wipro, Accenture, IBM Corporation, and Infosys.
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