Market Overview:
The global geology and seismic software market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for geology and seismic software from large enterprises and SMEs across different regions. Additionally, the growing adoption of cloud-based and web-based geology and seismic software is also contributing to the growth of this market. North America dominates the global geology and seismic software market, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
Geology is the scientific study of the Earth, its rocks, minerals, and fossils. Seismic software is used to study earthquakes and their effects. It can help predict where they might occur and how strong they might be.
Cloud Based:
Cloud-based software is a type of software service that provides functionality to the end-users through the internet. It helps in storing data on digital media for easy access and retrieval. The main advantage of cloud based software is that it allows remote access to data from any location, thereby saving both time & money in terms of infrastructure costs and maintenance fees.
The global market for cloud based services was valued at USD 4,65 billion in 2015.
Web Based:
Geology and Seismic Software Market Size, Share & Trends Analysis Report By Type (Web Based, On-premise), By Deployment (Cloud Based, On-premise), And Segment Forecasts, 2019 - 2025 -> The global Geology and seismic software market size was valued at USD 4.5 billion in 2018 and is expected to register a CAGR of XX% from 2019 to 2025.
Application Insights:
The large enterprises segment held the largest market share in 2017. This is attributed to the presence of a large number of medium and small scale enterprises as well as government initiatives that support the growth of small businesses. The web based application is expected to be the fastest-growing segment over the forecast period owing to its ease of use, installation and maintenance. It also has an easy-to-understand interface which makes it suitable for both technical as well as non-technical people.
The SMEs segment is expected to grow at a significant rate over the forecast period owing to increasing penetration geology software in this sector due largely on account of its growing demand from oil & gas companies for exploration activities, mineral prospecting etc. Furthermore, increasing R&D activities by major players such Geologix Ltd., SEG Software Solutions GmbH & Co., Ltd., MicroStax Inc., etc are further anticipated fuel industry growth during next eight years or so (2030).
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing adoption of geology and seismic software by oil and gas companies for exploration, development, and production (E&P) activities. In addition, growing offshore E&P activities in U.S., Canada, Mexico is expected to drive regional demand over the forecast period.
Growth Factors:
- Increasing demand for oil and gas due to population growth and industrialization
- Rising awareness about the benefits of using geology and seismic software for exploration and production activities
- Growing investments in oil and gas sector by governments across the globe
- Proliferation of new technologies that can help improve the accuracy of geological data interpretation
- Emergence of shale gas as a potential source of energy
Scope Of The Report
Report Attributes
Report Details
Report Title
Geology and Seismic Software Market Research Report
By Type
Cloud Based, Web Based
By Application
Large Enterprises, SMEs
By Companies
Golden Software, gINT, Petrel E&P, OpendTect, SeisEarth, GeoThrust, Dassault Systemes, InSite Seismic Processor, LEASSV Seismic Vectorising, RockWorks
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Geology and Seismic Software Market Report Segments:
The global Geology and Seismic Software market is segmented on the basis of:
Types
Cloud Based, Web Based
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:
- Golden Software
- gINT
- Petrel E&P
- OpendTect
- SeisEarth
- GeoThrust
- Dassault Systemes
- InSite Seismic Processor
- LEASSV Seismic Vectorising
- RockWorks
Highlights of The Geology and Seismic Software 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
- Web Based
- 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 Geology and Seismic Software 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
- Channel & Customer Management
- 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?
Geology is the study of the Earth and its rocks, minerals, and fossils. Seismic software is used to detect earthquakes and monitor their effects.
Some of the major players in the geology and seismic software market are Golden Software, gINT, Petrel E&P, OpendTect, SeisEarth, GeoThrust, Dassault Systemes, InSite Seismic Processor, LEASSV Seismic Vectorising, RockWorks.
The geology and seismic software market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Geology and Seismic Software 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 Geology and Seismic Software Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Geology and Seismic Software 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 Geology and Seismic Software 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 Geology and Seismic Software Market Size & Forecast, 2018-2028 4.5.1 Geology and Seismic Software Market Size and Y-o-Y Growth 4.5.2 Geology and Seismic Software Market Absolute $ Opportunity
Chapter 5 Global Geology and Seismic Software 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 Geology and Seismic Software Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 Web Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Geology and Seismic Software 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 Geology and Seismic Software Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Geology and Seismic Software 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 Geology and Seismic Software 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 Geology and Seismic Software Analysis and Forecast
9.1 Introduction
9.2 North America Geology and Seismic Software 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 Geology and Seismic Software Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 Web Based
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 Geology and Seismic Software 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 Geology and Seismic Software Analysis and Forecast
10.1 Introduction
10.2 Europe Geology and Seismic Software 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 Geology and Seismic Software Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 Web Based
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 Geology and Seismic Software 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 Geology and Seismic Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Geology and Seismic Software 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 Geology and Seismic Software Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 Web Based
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 Geology and Seismic Software 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 Geology and Seismic Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Geology and Seismic Software 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 Geology and Seismic Software Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 Web Based
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 Geology and Seismic Software 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) Geology and Seismic Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Geology and Seismic Software 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) Geology and Seismic Software Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 Web Based
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) Geology and Seismic Software 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 Geology and Seismic Software Market: Competitive Dashboard
14.2 Global Geology and Seismic Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Golden Software
14.3.2 gINT
14.3.3 Petrel E&P
14.3.4 OpendTect
14.3.5 SeisEarth
14.3.6 GeoThrust
14.3.7 Dassault Systemes
14.3.8 InSite Seismic Processor
14.3.9 LEASSV Seismic Vectorising
14.3.10 RockWorks