Press release
Global IT Spending in Energy Sector Expected To Grow At CAGR Of 3.18% Between Years 2016-2020
About IT Spending in Energy Sector Market
IT spending comprises the spending of the enterprise on the procurement of IT solutions and services in the energy sector. Energy firms like the oil and gas companies along with the power companies require IT solutions such as on-premises of cloud-based software solutions, networking devices, equipment, and IT support services.
Get Sample copy of this Report @ https://www.marketresearchreports.biz/sample/sample/892995
Technavios analysts forecast the global IT spending in energy sector to grow at a CAGR of 3.18% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global IT spending in energy sector for 2016-2020. To calculate the market size, the report considers the revenue generated by vendors providing IT products, solutions, and services for energy firms operating businesses in the oil and gas and the power sectors.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global IT Spending in Energy Sector 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Dell
IBM
Infosys
SAP
View Sample PDF @ https://www.marketresearchreports.biz/reports/892995/global-it-spending-in-energy-sector-2016-2020-market-research-reports.pdf
Other prominent vendors
ABB Limited
Alcatel-Lucent
Capgemini
Cisco
Systems
GE Oil and Gas
Hitachi
Huawei Technologies
HCL Technologies
Oracle
Siemens
TCS
Market driver
Digital transformation and automation of energy sector.
For a full, detailed list, view our report
Market challenge
System integration and interoperability issues.
For a full, detailed list, view our report
Market trend
Energy analytics spending is on the rise.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 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?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
View Report @
https://www.marketresearchreports.biz/reports/892995/global-it-spending-in-energy-sector-2016-2020-market-research-reports
Table of Contents
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Countries covered
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Economic overview
PART 05: Market landscape
Market overview
Five forces analysis
PART 06: Market segmentation by technology spending
Global IT spending in energy sector by technology spending
IT services
Software
Hardware
PART 07: Geographical segmentation
Global IT spending in energy sector by geography
Americas
EMEA
APAC
PART 08: Market drivers
Emergence of industry 4.0 technologies
Need to comply with regulations and guidelines
Increased spending in public sector projects
Digital transformation and automation of energy sector
PART 09: Impact of drivers
PART 10: Market challenges
High cost of upgrading smart grids
Data privacy and security risks
System integration and interoperability issues
Increasing operational complexities
PART 11: Impact of drivers and challenges
PART 12: Market trends
Energy analytics spending is on the rise
Emergence of cloud computing
Advent of Internet of Things
Proliferation of smart grids
Evolution of digital oil field framework
PART 13: Vendor landscape
Competitive landscape
Other prominent vendors
PART 14: Key vendor profile
Dell
IBM
Infosys
SAP
PART 15: Appendix
List of abbreviations
PART 16: Explore Technavio
Send An Enquiry Request @ https://www.marketresearchreports.biz/sample/enquiry/892995
About us
MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.
Contact
Mr. Nachiket
State Tower
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-621-2074
Website: http://www.marketresearchreports.biz/
E: sales@marketresearchreports.biz
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global IT Spending in Energy Sector Expected To Grow At CAGR Of 3.18% Between Years 2016-2020 here
News-ID: 719129 • Views: …
More Releases from MarketResearchReports.biz
Hydro-flyers Market: Moving Towards a Brighter Future
A hydro-flyer is an adventure sporting device which uses the propulsion of water jet technology to create continuous flight movement, where the lift and movement are controlled by the flyer. Hydro-flyers sporting devices make use of the flow of water power to drive the flyer to reach soaring heights. The rise in water sporting facilities is one of the major factors that promote the growth and demand for hydro-flyers in…
Outdoor Floodlights: Technology and Market Dynamics
Outdoor floodlights is a reliable, highly efficient, and economical solution for a wide range of outdoor applications. These lights are resistant to temperature fluctuations and they remain stable even in extreme climatic conditions. Unlike the traditional lights, floodlights remain stable and functional even in harsh climatic conditions. This makes them ideal for use in any climate and any outdoor application. Outdoor floodlights save a significant amount of energy and consume…
Snow Helmets Market Future Prospects and Regional Outlook
Riders are riding faster and getting bolder day by day. Hence, safety equipment need to be updated as per the requirement and changing time. Earlier, helmets were primarily used by extreme skiers and racers. They were used only on slopes. However, later, the use of helmets was made compulsory. Earlier, bulky black helmets were used by riders, which are outdated at present. Currently, new stylish helmets that can match with…
Predictions for 2019: Global Sparkling Water Dispensers Industry Is Set to Boom
Sparkling water dispensers are equipment used for dispensing carbonated water. These dispensers mix the still, filtered water with carbon dioxide before dispensing. Sparkling water dispensers are mostly used in households and commercial establishments such as amusement parks, hotels, restaurants, and sports arenas. A sparkling water dispenser has separate outlets for hot water and cold water. The hot water outlet does not require a separate filtration process. However, cold water is…
More Releases for Energy
Green Renewable Energy Market Next Big Thing: Enphase Energy, Bloom Energy, Clea …
Advance Market Analytics published a new research publication on "Green Renewable Energy Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Green Renewable Energy market was mainly driven by the increasing R&D spending across the world.
Get inside Scoop of the…
Business Energy Solution Market Size in 2023 To 2029 | SSE Energy Solutions, BES …
The large-scale Business Energy Solution market report provides valuable insights for clients looking to forecast investments in emerging markets, expand market share, or launch new products. The report presents multifaceted Business Energy Solution market insights that are simplified using established tools and techniques, making it a credible marketing report. Data is presented in a clear and easy-to-understand manner, with graphs and charts to aid comprehension. The report employs integrated approaches…
Decentralized Energy Storage Market Is Booming Worldwide | Fuelcell Energy, Enph …
A new business intelligence report released by AMA with title "Decentralized Energy Storage Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Decentralized Energy Storage Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics…
Waste-To-Energy Technologies Market Top Growing Companies: Xcel Energy, Novo Ene …
Qurate Business Intelligence’s up-to-date research study on Waste-To-Energy Technologies was performed by highly qualified research professionals and industry experts. This is to provide an in-depth analysis on the Waste-To-Energy Technologies. The report is comprehensive and includes over 120 pages. The global energy market is witnessing a shift toward waste to energy technologies due to growing energy demands worldwide, the rapid depletion of conventional sources of energy, and concerns over…
Waste To Energy Market ||Novo Energy Ltd., Hitachi Zosen, Foster Wheeler A.G., S …
Zion Market Research published a new 110+ pages industry research "Global Waste to Energy Market Set For Rapid Growth, To Reach Value Around USD 42.74 Billion By 2024" is exhaustively researched and analyzed in the report to help market players to improve their business tactics and ensure long-term success. The authors of the report have used easy-to-understand language and uncomplicated statistical images but provided thorough information and detailed data on…
In-Pipe Hydro Systems Market | key player - Lucid Energy, Rentricity, Tecnoturbi …
Looking at the current market trends as well as the promising demand status of the “In-Pipe Hydro Systems Market” it can be projected that the future years will bring out positive outcomes. This research report added by MRRSE on its online portal delivers clear insight about the changing tendencies across the global market. Readers can gather prime facets connected to the target market which includes product, end-use and application; assisting…
