Friday 23 February 2018

Need for Efficient Extraction of Oil and Gas Strengthens Global Hydrocarbons Accounting Solutions Market

Qyresearchreports include new market research report Global Hydrocarbons Accounting Solution Market Size, Status and Forecast 2022 to its huge collection of research reports.
The global market for hydrocarbons accounting solutions is riding along the growth of the oil and gas industry. It is imperative for market entities in the oil and gas industry to ensure that the extraction of hydrocarbons is viable. The implementation of hydrocarbons accounting solutions eases the entire process from extraction to distribution of oil and gas. This has created tremendous room for the market to grow because oil and gas companies have endorsed hydrocarbon accounting solutions within their framework. Some of the key applications of these solutions include sales management, production management, transport management, reporting and allocation, and other applications that add to the agility of the supply chain. QY Research added a report to its repository that gives a comprehensive outlook on the market for hydrocarbon accounting solutions. The report titled “lobal Hydrocarbons Accounting Solution Market Size, Status and Forecast 2022” delves in to the knit and grit of the market to obtain key insights about market drivers, restraints, and regional scenarios. The report can be used as a barometer to gauge the lucrativeness of the market and getting a peek into the opportunities that float in it. The researchers of the report have employed pragmatic approaches and methodologies to estimate key figures such as market value, regional market share, growth rate, and revenue.
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This report focuses on the top players in global market, like
Tieto
SAP
Adept Solutions
P2 Energy Solutions (Formerly Merrick Systems)
Wipro Limited
Quorum Business Solutions
Market segment by Type, Hydrocarbons Accounting Solution can be split into
Software Solution
Services Solution
Market segment by Application, Hydrocarbons Accounting Solution can be split into
Small and Medium Enterprises
Big Enterprise
Other
In the contemporary times, cloud computing has become the watchword across several industrial longitudes. Data analytics has also attained a high level of importance for a number of operations in private and public sectors. The dual effects of these developments ensure that the hydrocarbons accounting software can be accurately employed, thus, driving demand within the market. The upstream industry has come under the ambit of government regulations, and there is now an obligation upon the companies to employ intelligent solutions within this industry. Hydrocarbon accounting solutions assist in several processes within the industry such as lease and land management, reserve management, environmental resource management, and well management; this propels demand within the market and offers growth spaces to market players. The aforementioned drivers have been detailed within the report in order to highlight the prospects of the market.
Despite the abundance of demand within the market, a number of factors are anticipated to hamper growth. The report elucidates each of these obstructions as a cautionary sign to the market players. One of the restraints for the market is the demand for customization from oil and gas operators. It is difficult to cater to the specific needs of each of the operators, thus, hindering the progress of the market. Nevertheless, the pursuit for better extraction mechanism will keep bolstering the market demand.
The market for hydrocarbon accounting solutions can be regionally segmented into Europe, India, China, Japan, and Southeast Asia. The report analyses the various factors that contribute to the market growth within these regions. Furthermore, the regional market share has also been estimated by the researchers of the report. The oil and gas operators are concentrated in a single regional pocket, which is reason behind regional market disparities.
In order to give a purview of the competitive landscape, the report analyses the growth trajectory of several market players. Furthermore, the report has also ascertained the scale of competitiveness prevalent in the market. The key market players include P2 Energy Solutions (Formerly Merrick Systems), Quorum Business Solutions, Wipro Limited, Tieto, Adept Solutions, and SAP.
Table of Contents
Global Hydrocarbons Accounting Solution Market Size, Status and Forecast 2022
1 Industry Overview of Hydrocarbons Accounting Solution
1.1 Hydrocarbons Accounting Solution Market Overview
1.1.1 Hydrocarbons Accounting Solution Product Scope
1.1.2 Market Status and Outlook
1.2 Global Hydrocarbons Accounting Solution Market Size and Analysis by Regions
1.2.1 United States
1.2.2 EU
1.2.3 Japan
1.2.4 China
1.2.5 India
1.2.6 Southeast Asia
1.3 Hydrocarbons Accounting Solution Market by Type
1.3.1 Software Solution
1.3.2 Services Solution
1.4 Hydrocarbons Accounting Solution Market by End Users/Application
1.4.1 Small and Medium Enterprises
1.4.2 Big Enterprise
1.4.3 Other
2 Global Hydrocarbons Accounting Solution Competition Analysis by Players
2.1 Hydrocarbons Accounting Solution Market Size (Value) by Players (2016 and 2017)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future
3 Company (Top Players) Profiles
3.1 Tieto
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Hydrocarbons Accounting Solution Revenue (Value) (2012-2017)
3.1.5 Recent Developments
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