Wednesday 18 March 2015

Global Oilfield Communications market to grow at a CAGR of 5.7 percent by 2019

Reportstack has announced a new market research report on the Global Oilfield Communications Market 2015-2019.   Increased investments in oilfield communication technologies such as VSAT, fiber optic communications, and cloud services by market vendors will improve the efficiency of oil and gas facilities. It is expected that with increased investments, technology will improve, thereby reducing the scope of challenges and problems. The Global Oilfield Communications market is expected to grow at a CAGR of 5.7 percent during the period 2014-2019. 

“With the implementation of VSATs, WiMAX, M2M, and unified communications, the operational efficiency of the oilfields is expected to rise,”.

To view the table of contents and know more details please visit  Global Oilfield Communications Market 2015-2019.

“The offshore and onshore oil and gas markets are expected to witness a steady growth in North America and Europe, while Latin American countries such as Argentina and Brazil are huge markets for oilfield communication systems.” 

To define the market conditions in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.  

About Reportstack:
Reportstack  is one of the leading distributors of market research reports in the world today. We host more than 200,000 research products from the world's top publication houses. These publications are distributed amongst 12 top industry verticals and 62 sub verticals, which are then further classified into 257 business categories and 5000 micro markets. The vast selection criterion provides granular data from the length and breadth of all these industries delivering Reportstack  members with cutting edge research products to facilitate strategic business decisions.
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