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Oilfield Communications Market to Reach USD 3.52 billion with 7.17% CAGR Forecast to 2020

Oilfield Communications Market 2016 Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast to 2020

PUNE, INDIA, March 20, 2017 /EINPresswire.com/ -- The oilfield communications market estimated at USD 2.49 billion in 2015 is forecasted to grow at a CAGR of 7.17% over the forecast period to reach a projected worth of USD 3.52 billion by 2020. Oilfield communications are inclusive of all the communication technologies providing support to oil & gas companies that need real time data for production processes, advanced monitoring, oil exploration, automation, secure end-to-end data transfer services and reporting technology. Complex data requirements and operations coupled with collaborative work processes between multiple offshore and onshore locations rely on these robust communication systems.

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Market Dynamics


The market is driven by factors like the increase in global demand for the oil & gas as a result of industrialization, globalization and brisk rise in the per capita oil consumption; new projects in drilling for oil in extreme conditions, the demand for robust communication technologies to explore oil & gas trapped in remote locations and deeper basins, advanced oilfield communication solutions significantly reduce the overall costs to oil companies, mounting information and communication technology expenditure, and increased demand for offshore oil field communication solutions. Market restraints include deciding the suitable technology, which delivers optimum solutions for all communication-related needs, most suited to the geography or domain, possible risk in data and asset security, and stringent regulatory norms.


Market Segmentation


Upstream, midstream, and downstream are divisions under oilfield communication solutions, wherein the upstream communication solution includes operational data communication solution, integrated communication technology solution, and on-site network connectivity solutions. Integrated communication technology solutions include unified communication, VoIP solutions, video conferencing, two-way radio communication, wireless intercom system. On-site network connectivity solutions include WiMAX, Wi-Fi hotspot, remote field WAN, and LAN. Professional, cloud hosting and system integration are classified under the oilfield communication services segment. Network technologies segment includes cellular communication network, VSAT communication network, fiber-optic-based communication network, microwave communication network, tetra network and different band types (L-band, HTS, KU band, C band). Field site segment includes onshore and offshore communications.


Trends suggest that the oilfield communication markets shall show tremendous growth in the Middle East and North America regions.


Key Industry Players


The key global market players of oilfield communications market are:



Alcatel-Lucent International


ERF Wireless Inc.


Harris Caprock Communications Inc.


Hermes Data Communications International Ltd.


Huawei Technologies Co Ltd.


Hughes Network Systems Llc


Inmarsat PLC


ITC Global


Redline Communications Inc.


Rignet Inc.



Trends like improved communication solutions being able to manage fragmented business processes with greater efficiency, improvements in higher bandwidth capabilities and resolved latency issues boost the demand for satellite services, wireless and fixed fiber technologies, adoption of SCADA systems for integrated safety mechanisms etc. are quite promising for the growth in the oilfield communication technologies.


Key Deliverables in the Study



Market definition of oilfield communications in the global markets along with drivers and restraints.


Global and region specific competitive market analysis of oilfield communications markets.


Analysis of the key factors which influence the market scenario along with their growth opportunities.


Identifying the market leaders and analyzing their strategic moves and market shares.


Key trends and industry related updates.


Covers the market landscape with the geographical footprint, key growth strategies, and competitive market share analysis.

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Key points in table of content

1. Introduction


1.1 Study Deliverables


1.2 Market Definition


1.3 Study Assumptions


2. Research Methodology


3. Executive Summary


4. Market Dynamics & Trends


4.1 Market Overview


4.2 Market Drivers


4.3 Market Restraints


4.4 Market Opportunities


4.5 Industry value chain analysis


4.6 Industry Attractiveness - Porter's Five Force Model


4.6.1 Bargaining Power of Suppliers


4.6.2 Bargaining Power of Consumers


4.6.3 Threat from New Entrants


4.6.4 Threat from Substitute Product Types


4.6.5 Competition Rivalary within the Industry


5. Technology Snapshot


6. Market Segmentation


7. By Oilfield Communication Solutions


7.1 Upstream Communication Solutions


7.1.1 Operational Data Communication Solution


7.1.2 Integrated Communcation Technology Solution


7.1.2.1 Unified Communication


7.1.2.2 VoIP Solutions


7.1.2.3 Video Conferencing


7.1.2.4 Two-Way Radio Communication


7.1.2.5 Wireless Intercom System


7.1.3 On-Site Network Connectivity Solutions


7.1.3.1 Wimax


7.1.3.2 Wi-Fi Hotspot


7.1.3.3 Remote Field WAN and LAN


7.1.4 Midstream Communication Solutions


7.1.5 Downstream Communication Solutions


8. By Oilfield Communication Services


8.1 Professional


8.2 Cloud Hosting


8.3 System Intgration


9. By Communication Network Technologies


9.1 Cellular Communication Network


9.2 VSAT Communication Network


9.3 Fiber Optic Based Communication Network


9.4 Microwave communication network


9.5 Tetra Network


9.6 Differnet Band Types (L-Band, HTS, KU Band, C Band)


10. By Field Site


10.1 Onshore Communications


10.2 Offshore Communications


11. By Geography


11.1 North America


11.2 Europe


11.3 Asia-Pacific


11.4 Latin America


11.5 Middle East and Africa


12. Vendor Market Share


13. Key Vendor Profiles


13.1 Alcatel-Lucent International


13.2 ERF Wireless Inc.


13.3 Harris Caprock Communications Inc.


13.4 Hermes Data Communications International Ltd.


13.5 Huawei Technologies Co Ltd.


13.6 Hughes Network Systems Llc


13.7 Inmarsat PLC


13.8 ITC Global


13.9 Redline Communications Inc.


13.10 Rignet Inc.


14. Investment Outlook


15. Future of Oilfield Communications Market

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