Oilfield Communications Market (2019-2026) Size, Share, Trends and Forecast by Top Companies: Reinste, Meliorum Technologies, NanoComposix

A closer look at the overall Oilfield Communications business scenario presented through self-explanatory charts, tables, and graphics images add greater value to the study.

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New York, NY -- (SBWire) -- 02/21/2019 --The world demand for oil has increased exponentially over the years ergo leading many companies to invest in research and development. These companies are investing more and more in new oilfield exploration, especially in the Asia Pacific. These increasing exploration has risen the need for reliable and secure communication method. Quick and secure communication empowers oil companies to discover more onshore and offshore fields. Communications between onshore and remote offshore locations have always been an issue as companies generally search for oilfields in harsh and secluded places.

The robust condition presents an operational challenge that can be solved by oilfield communication solutions. Deployment of communication solutions with higher bandwidth can significantly reduce the cost borne by the oil companies. The major concern of oil and gas companies is to establish communication that can stand harsh weather condition and can be effective even under ocean water and deserts.

North America already has a widespread implication in the oil and gas industry. However, the regions to look out for is the Asia Pacific which is expected to have a monumental impact in the oilfield communication market over the years. Availability of skilled labor and increasing investment in the region will supposedly boost the market in this region. Some of the major key players are Siemens AG (Germany), CommScope (US), Huawei Technologies Co. Ltd. (China), Tait Communications (New Zealand), Ceragon Networks Ltd. (US), RAD Data Communications, Inc. (Israel), Airspan Networks (US), ABB Ltd. (Switzerland), SpeedCast International Limited (China) and Inmarsat Plc (UK) among many others.

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In market segmentation by manufacturers, the Oilfield Communications report covers the following
- Siemens AG (Germany)
- CommScope (US)
- Huawei Technologies Co. Ltd. (China)
- Tait Communications (New Zealand)
- Ceragon Networks Ltd. (US)
- RAD Data Communications, Inc. (Israel) Airspan Networks (US)
- ABB Ltd. (Switzerland)
- SpeedCast International Limited (China) Inmarsat Plc (UK)
- Others

Market split by Type, can be divided into:
- Onshore Communications
- Offshore Communications
- Midstream communications
- Upstream communications
- M2M communication
- unified communications
- WiMax
- VSAT
- video conferencing

Market split by Services, can be divided into:
- Professional Services
- Managed Services

Growth in cloud-based services has also led onshore and offshore sites to stay connected which helps to manage and improve supply chain management. The smooth flow of materials is crucial for oil companies in order to avoid downtime. With pros in the technology comes the cons. The oil companies spend millions on these rigging expedition and are not likely to take kindly to cyber thefts. Increase in cybersecurity has also been a driving factor for the oil communication market. The different oilfield communication used by the oil companies is midstream and upstream communications, M2M communication, unified communications, WiMax, VSAT, video conferencing and onshore and offshore communication among others.

Oilfield operators are paying more for advanced technologies so that they don't need to have many people on their site. Sometimes, on deepwater platform, drilling companies have to invest million dollars, in addition to equipment for remote management capability. Fiber optics communication networks and very small aperture terminals are used across the value chain of entire oil and gas for data and voice communication. Companies are increasingly making use of video conferencing to maintain contact and RigNet provides a program that aids the needs for all other companies.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India

We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

In this study, the years considered to estimate the market size of Oilfield Communications are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2019 to 2026

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The Oilfield Communications research provides answers to the following key questions:
- What will be the growth rate and the market size of the Oilfield Communications industry for the forecast period 2019-2026?
- What are the major driving forces expected to impact the development of the Oilfield Communications across different regions?
- Who are the major driving forces expected to decide the fate of the industry worldwide?
- Who are the prominent market players making a mark in the Oilfield Communications with their winning strategies?
- Which industry trends are likely to shape the future of the industry during the forecast period 2019-2026?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Oilfield Communications?

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