Market Overview:
The global oil and gas project management software 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 oil and gas across the globe, coupled with the rising adoption of project management software in various applications such as onshore oil and gas, marine oil and gas, among others. The global oil and gas project management software market is segmented on the basis of type into asset management, scheduling, inventory management, costing analytics, contract management maintenance others). The asset management segment is expected to hold a major share in terms of revenue in 2018 owing to its ability to manage all types of assets related to an organization’s projects. Furthermore, this segment is also projected witness highest growth rate during the forecast period from 2018-2030 due its growing demand from various end-use industries.
Product Definition:
Oil and gas project management software is used to manage projects in the oil and gas industry. This type of software can help companies track expenses, schedule tasks, and keep track of resources. The importance of using this type of software depends on the company's needs. For some companies, it may be critical to have a system in place that helps them manage their projects effectively.
Asset Management:
Asset management is the process of tracking and controlling the physical assets of an organization. It helps to minimize operating expenses, increase profitability, and improve service quality. Asset management software is used in oil & gas industry for various applications such as maintenance scheduling, field inventory control system (FICS), project portfolio management (PPM), facility maintenance planning (FMP) among others.
The global asset management software market size was valued at USD 1.91 billion in 2016.
Scheduling:
Scheduling is the process of determining when work should be done and by who. It includes planning, execution, control, and monitoring of resource or task scheduling in any project management software.
Application Insights:
Onshore oil and gas application segment dominated the global oil and gas project management software market in 2017. This is attributed to the growing demand for onshore projects, especially in North America. The growth of this segment can be attributed to factors such as increasing number of shalegas reserves in North America, which has led to an increase in drilling activities over the past few years.
The marine oil and gas application segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to rising offshore developments across the Asia Pacific region coupled with strong demand for refined products such as diesel and gasoline from China, India & Australia regions respectively.
Regional Analysis:
North America was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region has a well-established oilfield services industry, which offers lucrative opportunities for vendors operating in this space. Furthermore, North America is one of the most active regions across all major project types globally owing to ongoing developments and new field discoveries.
Asia Pacific is estimated to be the fastest-growing regional market from 2018 to 2030 due to increasing government investments in infrastructure development coupled with rising demand for energy resources from emerging economies such as China and India. In addition, growing industrialization coupled with rapidly expanding downstream sector will drive growth further on account of rising need for cost effective solutions that can help manage large scale data efficiently while maintaining high performance standards required by end users throughout life cycle of an asset (development, production). This factor will also contribute toward rapid adoption of O&G project management software solutions across Asia Pacific region over next eight years or so until 2030 ADP horizon.
Growth Factors:
- Increasing demand for oil and gas due to population growth and industrialization
- Rising investment in oil and gas projects by private and public sector organizations
- Emergence of new technologies and exploration methods for oil and gas reserves
- Stringent government regulations for safety in oil and gas operations
- Growing need to optimize production from existing fields
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil and Gas Project Management Software Market Research Report
By Type
Asset Management, Scheduling, Inventory Management, Costing, Analytics, Contract Management, Maintenance, Others
By Application
Onshore Oil and Gas, Marine Oil and Gas
By Companies
Deltek, EcoSys Management, Oracle Corporation, LiquidFrameworks, SAP, Penta Technologies, Siemens, IBM Corporation, InEight
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Oil and Gas Project Management Software Market Report Segments:
The global Oil and Gas Project Management Software market is segmented on the basis of:
Types
Asset Management, Scheduling, Inventory Management, Costing, Analytics, Contract Management, Maintenance, Others
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
Onshore Oil and Gas, Marine Oil and Gas
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:
- Deltek
- EcoSys Management
- Oracle Corporation
- LiquidFrameworks
- SAP
- Penta Technologies
- Siemens
- IBM Corporation
- InEight
Highlights of The Oil and Gas Project Management 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:
- Asset Management
- Scheduling
- Inventory Management
- Costing
- Analytics
- Contract Management
- Maintenance
- Others
- By Application:
- Onshore Oil and Gas
- Marine Oil and Gas
- 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 Oil and Gas Project Management 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.
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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?
Oil and gas project management software is a computer application used to manage oil and gas projects. It includes features such as scheduling, budgeting, resource allocation, risk assessment, communication planning and execution, quality control/assurance, and reporting.
Some of the major players in the oil and gas project management software market are Deltek, EcoSys Management, Oracle Corporation, LiquidFrameworks, SAP, Penta Technologies, Siemens, IBM Corporation, InEight.
The oil and gas project management software 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 Oil and Gas Project Management 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 Oil and Gas Project Management Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Oil and Gas Project Management 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 Oil and Gas Project Management 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 Oil and Gas Project Management Software Market Size & Forecast, 2018-2028
4.5.1 Oil and Gas Project Management Software Market Size and Y-o-Y Growth
4.5.2 Oil and Gas Project Management Software Market Absolute $ Opportunity
Chapter 5 Global Oil and Gas Project Management 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 Oil and Gas Project Management Software Market Size Forecast by Type
5.2.1 Asset Management
5.2.2 Scheduling
5.2.3 Inventory Management
5.2.4 Costing
5.2.5 Analytics
5.2.6 Contract Management
5.2.7 Maintenance
5.2.8 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Oil and Gas Project Management 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 Oil and Gas Project Management Software Market Size Forecast by Applications
6.2.1 Onshore Oil and Gas
6.2.2 Marine Oil and Gas
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Oil and Gas Project Management 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 Oil and Gas Project Management 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 Oil and Gas Project Management Software Analysis and Forecast
9.1 Introduction
9.2 North America Oil and Gas Project Management 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 Oil and Gas Project Management Software Market Size Forecast by Type
9.6.1 Asset Management
9.6.2 Scheduling
9.6.3 Inventory Management
9.6.4 Costing
9.6.5 Analytics
9.6.6 Contract Management
9.6.7 Maintenance
9.6.8 Others
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 Oil and Gas Project Management Software Market Size Forecast by Applications
9.10.1 Onshore Oil and Gas
9.10.2 Marine Oil and Gas
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 Oil and Gas Project Management Software Analysis and Forecast
10.1 Introduction
10.2 Europe Oil and Gas Project Management 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 Oil and Gas Project Management Software Market Size Forecast by Type
10.6.1 Asset Management
10.6.2 Scheduling
10.6.3 Inventory Management
10.6.4 Costing
10.6.5 Analytics
10.6.6 Contract Management
10.6.7 Maintenance
10.6.8 Others
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 Oil and Gas Project Management Software Market Size Forecast by Applications
10.10.1 Onshore Oil and Gas
10.10.2 Marine Oil and Gas
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 Oil and Gas Project Management Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Oil and Gas Project Management 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 Oil and Gas Project Management Software Market Size Forecast by Type
11.6.1 Asset Management
11.6.2 Scheduling
11.6.3 Inventory Management
11.6.4 Costing
11.6.5 Analytics
11.6.6 Contract Management
11.6.7 Maintenance
11.6.8 Others
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 Oil and Gas Project Management Software Market Size Forecast by Applications
11.10.1 Onshore Oil and Gas
11.10.2 Marine Oil and Gas
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 Oil and Gas Project Management Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Oil and Gas Project Management 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 Oil and Gas Project Management Software Market Size Forecast by Type
12.6.1 Asset Management
12.6.2 Scheduling
12.6.3 Inventory Management
12.6.4 Costing
12.6.5 Analytics
12.6.6 Contract Management
12.6.7 Maintenance
12.6.8 Others
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 Oil and Gas Project Management Software Market Size Forecast by Applications
12.10.1 Onshore Oil and Gas
12.10.2 Marine Oil and Gas
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) Oil and Gas Project Management Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Oil and Gas Project Management 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) Oil and Gas Project Management Software Market Size Forecast by Type
13.6.1 Asset Management
13.6.2 Scheduling
13.6.3 Inventory Management
13.6.4 Costing
13.6.5 Analytics
13.6.6 Contract Management
13.6.7 Maintenance
13.6.8 Others
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) Oil and Gas Project Management Software Market Size Forecast by Applications
13.10.1 Onshore Oil and Gas
13.10.2 Marine Oil and Gas
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 Oil and Gas Project Management Software Market: Competitive Dashboard
14.2 Global Oil and Gas Project Management Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Deltek
14.3.2 EcoSys Management
14.3.3 Oracle Corporation
14.3.4 LiquidFrameworks
14.3.5 SAP
14.3.6 Penta Technologies
14.3.7 Siemens
14.3.8 IBM Corporation
14.3.9 InEight
