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EXPLORATION AND PRODUCTION (E&P) SOFTWARE

Global Market Trajectory & Analytics

MCP16373

VALIDATED EXECUTIVE ENGAGEMENTS

Number of executives repeatedly engaged by snail & email outreach*

POOL + OUTREACH

1379

Interactions with Platform & by Email *

INTERACTIONS

248

Unique # Participated *

PARTICIPANTS

55

Responses Validated *

VALIDATIONS

25

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  •  DATE

    JUNE 2020

  •  TABLES

    123

  •  PAGES

    195

  •  EDITION

    7

  •  PRICE

    US$4950


COVID-19 IMPACT SURVEY MAY 2020

Amid the COVID-19 crisis and the looming economic recession, the Exploration and Production (E&P) Software market worldwide will grow by a projected US$13.8 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 18.6%. On-Premise, one of the segments analyzed and sized in this study, is forecast to grow at over 17.1% and reach a market size of US$12.8 Billion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The On-Premise market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 20.6% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$497.7 Million to the region's size over the next 7 to 8 years. In addition, over US$628.4 Million worth of projected demand in the region will come from Rest of European markets. In Japan, the On-Premise segment will reach a market size of US$671.1 Million by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Exploration and Production (E&P) Software market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 18.7% over the next couple of years and add approximately US$1.8 Billion in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Exploration and Production (E&P) Software market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others, Baker Hughes, a GE company; Computer Modelling Group Ltd.; eDrilling AS; Emerson Paradigm Holding LLC; E-Tech International; ETL Solutions Ltd.; Exprodat Consulting Ltd.; G.E.Plan Consulting Srl; GE Oil & Gas; Halliburton; Ihs Markit Ltd.; Ikon Science Ltd.; Interactive Network Technologies, Inc.; Ion Geophysical Corporation; Kongsberg Gruppen ASA; OVS Group LLC; P2 Energy Solutions; Pason Systems Corp.; Peloton Interactive, Inc.; Petroleum Experts Ltd.; Petrolink Services Inc.; RockFlow Dynamics; Schlumberger Ltd.; TDE Group Limited

SEGMENTS

» Deployment (On-Premise, Cloud-based) » Software (Risk Management Mapping, Seismic Amplitude Analysis, Portfolio Aggregation, Performance Tracking, Navigation System, Resource Valuation, Reservoir Characterization, Reservoir Simulation, Drilling, Production)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

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