Market Overview:
The global geologic modelling solutions market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for geologic modelling solutions from large enterprises and SMEs across different regions. In addition, the growing adoption of cloud-based geologic modelling solutions is also contributing to the growth of this market. North America dominates the global geologic modelling solutions market, followed by Europe and Asia Pacific.
Product Definition:
Geologic modelling solutions are programs used to create or modify digital representations of the earth's subsurface. They can be used to help plan oil and gas exploration, identify mineral deposits, or predict how groundwater will flow in an area. Geologic modelling solutions are important for helping planners understand the geology of an area and make informed decisions about where to drill for resources or build infrastructure.
Cloud-based:
Cloud-based GMS is a software-as-a-service (SaaS) based on the service model that provides a platform for geoscientists to store, share, and analyze data. It also helps in storing data on remote servers for easy access by multiple users from any location. The primary benefits of cloud computing are cost efficiency and ease of use; it also offers flexibility to the scientists as well as organizations.
On-premise:
On-premise software is a type of software that is installed and used in an organization's own data centers or servers. The term on-premise can be used for different types of software such as GIS, CAD, database management systems, etc. which are mainly used by the organizations to maintain their data and files.
Application Insights:
The large enterprises segment held the largest market share in 2017. This is attributed to the presence of a strong institutional framework for geologic modeling in developed economies such as U.S., Canada, and Germany which support the adoption of GIS for various applications including exploration, mining and minerals processing, environmental impact assessment, etc. Furthermore, growing demand from oil & gas companies for accurate 3D models of shale basins to explore new drilling locations is expected to drive growth over the forecast period.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The growth can be attributed to the presence of key companies such as DigitalGlobe, Trimble Navigation Ltd., and Keyhole Inc. Moreover, increasing demand for high-quality images from various government organizations and defense agencies is expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness significant growth over a CAGR exceeding 18% during the forecast period owing to rapid developments across several sectors including mining, oil & gas exploration & production (E&P), power generation, water management etc.
The European region accounted for more than 15% share in 2017 owing to increased adoption across industries such as civil engineering.
Growth Factors:
- Increasing demand for oil and gas due to population growth and industrialization
- Rising awareness about the benefits of geologic modelling solutions among oil and gas companies
- Technological advancements in geologic modelling software that make it more user-friendly and efficient
- Growing number of start-ups offering innovative geologic modelling solutions
- Increased spending on exploration and production activities by oil and gas companies
Scope Of The Report
Report Attributes
Report Details
Report Title
Geologic Modelling Solutions Market Research Report
By Type
Cloud-based, On-premise
By Application
Large Enterprises, SMEs
By Companies
IBM Corp., InEight, Inc., Intergraph, Oracle Corp., LiquidFrameworks, Inc., AVEVA Group PLC (Schneider Electric), SAP SE, Penta Technologies, Inc., Siemens AG, Microsoft Corp., Coreworx Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Geologic Modelling Solutions Market Report Segments:
The global Geologic Modelling Solutions market is segmented on the basis of:
Types
Cloud-based, On-premise
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprises, SMEs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM Corp.
- InEight, Inc.
- Intergraph
- Oracle Corp.
- LiquidFrameworks, Inc.
- AVEVA Group PLC (Schneider Electric)
- SAP SE
- Penta Technologies, Inc.
- Siemens AG
- Microsoft Corp.
- Coreworx Inc.
Highlights of The Geologic Modelling Solutions Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-based
- On-premise
- By Application:
- Large Enterprises
- SMEs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Geologic Modelling Solutions Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Geologic modelling solutions is a company that provides geological modeling services to clients in the oil and gas, mining, and environmental industries. The company's services include creating 3D models of subsurface geology, predicting how an excavation will affect the environment, and assessing potential risks associated with proposed projects.
Some of the major companies in the geologic modelling solutions market are IBM Corp., InEight, Inc., Intergraph, Oracle Corp., LiquidFrameworks, Inc., AVEVA Group PLC (Schneider Electric), SAP SE, Penta Technologies, Inc., Siemens AG, Microsoft Corp., Coreworx Inc..
The geologic modelling solutions market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Geologic Modelling Solutions Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Geologic Modelling Solutions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Geologic Modelling Solutions Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Geologic Modelling Solutions Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Geologic Modelling Solutions Market Size & Forecast, 2018-2028
4.5.1 Geologic Modelling Solutions Market Size and Y-o-Y Growth
4.5.2 Geologic Modelling Solutions Market Absolute $ Opportunity
Chapter 5 Global Geologic Modelling Solutions Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Geologic Modelling Solutions Market Size Forecast by Type
5.2.1 Cloud-based
5.2.2 On-premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Geologic Modelling Solutions Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Geologic Modelling Solutions Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Geologic Modelling Solutions Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Geologic Modelling Solutions Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Geologic Modelling Solutions Analysis and Forecast
9.1 Introduction
9.2 North America Geologic Modelling Solutions Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Geologic Modelling Solutions Market Size Forecast by Type
9.6.1 Cloud-based
9.6.2 On-premise
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Geologic Modelling Solutions Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 SMEs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Geologic Modelling Solutions Analysis and Forecast
10.1 Introduction
10.2 Europe Geologic Modelling Solutions Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Geologic Modelling Solutions Market Size Forecast by Type
10.6.1 Cloud-based
10.6.2 On-premise
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Geologic Modelling Solutions Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 SMEs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Geologic Modelling Solutions Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Geologic Modelling Solutions Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Geologic Modelling Solutions Market Size Forecast by Type
11.6.1 Cloud-based
11.6.2 On-premise
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Geologic Modelling Solutions Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 SMEs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Geologic Modelling Solutions Analysis and Forecast
12.1 Introduction
12.2 Latin America Geologic Modelling Solutions Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Geologic Modelling Solutions Market Size Forecast by Type
12.6.1 Cloud-based
12.6.2 On-premise
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Geologic Modelling Solutions Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 SMEs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Geologic Modelling Solutions Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Geologic Modelling Solutions Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Geologic Modelling Solutions Market Size Forecast by Type
13.6.1 Cloud-based
13.6.2 On-premise
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Geologic Modelling Solutions Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 SMEs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Geologic Modelling Solutions Market: Competitive Dashboard
14.2 Global Geologic Modelling Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM Corp.
14.3.2 InEight, Inc.
14.3.3 Intergraph
14.3.4 Oracle Corp.
14.3.5 LiquidFrameworks, Inc.
14.3.6 AVEVA Group PLC (Schneider Electric)
14.3.7 SAP SE
14.3.8 Penta Technologies, Inc.
14.3.9 Siemens AG
14.3.10 Microsoft Corp.
14.3.11 Coreworx Inc.
