Press release
Exploration and Production (E&P) Software Market Outlook to 2025 - P2 Energy, EKA Software, Landmark, ETL, Computer Modelling, Schlumberger, Interactive Network Technologies
Exploration & production software refers to set of software solutions designed for overall oil & gas industry. This software permits the user to understand and interpret seismic data, carry out well interaction, build reservoir models that are suitable for simulation. It also visualizes and provides simulation output, generate maps, evaluate volumes, and design advance strategies to expand reservoir exploitation.Diminishing oil & gas resources is a major factor that is driving the overall growth of the E&P software market. The key players influencing the market are Schlumberger, Paradigm, Baker Hughes Incorporated, Interactive Network Technologies, Landmark Solution, ETL Solutions, Computer Modelling Group Ltd., P2 Energy Solutions, Pason Systems Corp and EKA Software Solutions among others.
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The "Global Exploration and Production (E&P) Software Market Analysis to 2025" is a specialized and in-depth study of the exploration and production (E&P) software industry with a focus on the global market trend. The report aims to provide an overview of global exploration and production (E&P) software market with detailed market segmentation by deployment type, operation type, software type, and geography. The global exploration and production (E&P) software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
Key Benefits-
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Exploration and Production (E&P) Software Market.
- To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
The need for finding new resources for extracting oil & gas products has emerged owing to the rapidly exhausting resources. Technological advancements in E&P and use of E&P software in a great extent are anticipated to increase the demand of the E&P software market. However, lack of technical skill and high investment cost are likely to hinder the growth of E&P software industry.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global exploration and production (E&P) software market based on deployment type, operation type, and software type. It also provides market size and forecast till 2025 for overall exploration and production (E&P) software market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 countries globally along with current trend and opportunities prevailing in the region.
Key Vision of Exploration and Production (E&P) Software Market
- Historical and Future Market
- Supply and Demand
- Price and Cost
- Drivers and Challenges
- Key Vendors
- Market Strategies
- Industry Value Chain
- Regions
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
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