Lewes, DE -- (SBWIRE) -- 03/24/2015 -- Report forecast the Global Oilfield Communications market to grow at a CAGR of 5.7 percent 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.

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.

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.

key players in the Global Oilfield Communications Market: Alcatel-Lucent International, ERF Wireless, Inc., Harris CapRock Communications, Inc., Hermes Datacommunications International Ltd. and Huawei Technologies Co. Ltd.

Other Prominent Vendors in the market are: Hughes Network Systems, Inmarsat, Itc Global and Rignet.

Market Driver
- Increased Implementation of Digital Oilfields
- For a full, detailed list, view our report

Market Challenge
- Cyber Security Threat to Oilfield Communication Networks
- For a full, detailed list, view our report

Market Trend
- Increased Investment by Market Vendors
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 70 pages "Global Oilfield Communications Market 2015-2019" report covers the 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 further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-oilfield-communications-market-2015-2019

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