Global IoT(Internet of Things) in Oil and Gas Market

Focus on Solutions (Sensing, Communication, Cloud Computing, Data Management), Applications (Fleet and Asset Management, Pipeline Monitoring, Preventive Maintenance), Industry Stream - Analysis and Forecast, 2019-2024

Published Year: 2020
SKU: SE026C

5000

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A quick peek into the report

Report Description

Base Year : 2018
Market Size by 2019: $ 13.35 billion
CAGR: 21.86%

Market Report Coverage - Global IoT (Internet of Things) in Oil and Gas Market

Base Year

2018

Market Size by 2019

$ 13.35 billion

Forecast Period

2019-2024

Value Estimation by 2024

$ XX billion

CAGR During Forecast Period

21.86%

Number of Tables

72

Number of Pages

349

Number of Figures

202

Market Segmentation

•    Solution – Sensing, Communication, Cloud and Edge Computing, Data Management

•    Industry Stream – Upstream, Midstream, Downstream

•    Application – Fleet and Asset Management, Preventive Maintenance, Pipeline Monitoring, Security Management, and Others

Regional Segmentation

•    North America – U.S., Canada, Mexico, Rest-of-North America

•    South America – Brazil, Argentina, Rest-of-South America

•    Europe – Norway, Netherlands, France, Germany, Denmark, Sweden, Rest-of-Europe

•    U.K.

•    China

•    Asia-Pacific Japan – Japan, South Korea, India, Thailand, Malaysia, Singapore, Vietnam, Rest-of-Asia-Pacific Japan

•    Middle East Africa – Saudi Arabia, U.A.E, South Africa, Rest-of-Middle East Africa

Key Companies Profiled

IBM Corporation, Wipro Ltd., Cisco Systems, Microsoft Corporation, HCL Technologies, SAP SE, Intel Corporation, Kelltontech, Telit Communication, Amazon Web Services, C3.ai, ABB Ltd, Honeywell International, Eaton Corporation, Rockwell Automation, Emerson Electric. British Petroleum, Royal Dutch Shell, General Electric, Siemens AG, Schneider Electric, Sensirion AG, Saudi Arabian Oil Company (Saudi Aramco), ENGIE, and Yokogawa Electric Corporation, among others.

Market Segmentation  

Market Outlook by Solution

The IoT in oil and gas market encompasses a wide array of solutions such as sensing, communication, cloud and edge computing, and data management. Sensing systems encompass a broad range of systems including different sensors, GPS devices, and Radio Frequency Identification (RFID). Addition of sensing and navigation capabilities makes it even more promising. Site-specific monitoring and preventive maintenance are two of the major applications of IoT based solutions; and sensing and navigation components are two of the most critical contributors for its execution.

IOT in Oil and Gas Market

By Application

Major application areas of IoT in oil and gas technologies include fleet and asset management, pipeline monitoring, security management, and safety management among others. Fleet and asset management represents the most significant application in the market for IoT based technologies. Pipeline monitoring application also present colossal market growth opportunities. The deployment of IoT sensors in the pipeline helps oil and gas companies to monitor and inspect pipelines.

Earlier, instead of IoT sensors pipeline inspection was done manually which has drawbacks related to incorrect recording of data and no recording in case of remote pipelines. Therefore, the use of IoT for pipeline monitoring becomes more accurate, as it is being used to reduce risks and environmental concerns. During the forecast period, application areas, such pipeline monitoring and preventive maintenance are expected to display the maximum growth, owing to the high possibilities of value addition in these application areas.

By Region

The trends of the IoT in oil and gas market vary across different geographical regions. The IoT in oil and gas market holds a prominent share in various countries of North America, Europe, Asia-Pacific (APAC), and Rest-of-the-World (RoW). North America is at the forefront of the global IoT in oil and gas market, with high market penetration rate in the U.S., Mexico, and others, which are expected to display robust market growth in the coming five years.

North America, followed by the Europe region, generated the highest revenue in the IoT in oil and gas market in 2017. The Europe market for IoT in oil and gas technologies is quite developed with major growth opportunities arising from countries in the Eastern Europe region. The fastest growth rate is expected from the Asia-Pacific and Rest of the world regions. Presence of key oil and gas producing countries, such as Brazil, Saudi Arabia, UAE and South Africa is estimated to boost the market for advanced techniques.

Key Questions Answered in this Report:

What is the estimated global IoT in oil and gas market size during 2018-2024, in terms of revenue, and what is the expected growth

Key Questions Answered:

•    What is the estimated global IoT in oil and gas market size during 2018-2024, in terms of revenue, and what is the expected growth rate during the forecasted period 2019-2024? 
•    What is the expected future outlook and revenue generated by the different types of IoT solutions including sensing, communication, cloud and edge computing, and data management?
•    What is the revenue generated by IoT in oil and gas market in different industry streams such as upstream, midstream, and downstream? 
•    What is the revenue generated by IoT in oil and gas in different applications including fleet and asset management, preventive maintenance, pipeline monitoring, and security management, among others?  
•    What are the major driving forces and retraining factors  that are expected to increase the demand and restrict the market growth respectively, for the IoT in oil and gas market during the forecast period?
•    What are the key trends and opportunities in the market pertaining to IoT in oil and gas market?
•    What kind of new strategies are being adopted by the existing market players to expand their market position in the industry?
•    What is the competitive strength of the key players in the IoT in oil and gas market on the basis of analysis of their market coverage and market potential, in a competitive benchmarking?
•    How is the funding and investment landscape in the IoT in oil and gas market?
•    Which are the leading consortiums and associations in the IoT in oil and gas market and what is their role in the market?
•    Which type of players and stakeholders operate in the market ecosystem of IoT in oil and gas, and what are their significance in the global market?

Market Overview

Internet of Things (IoT), which integrates sensing, communication and analytics dimensions has shown improvement as the core techn

Market Overview – Global IoT (Internet of Things) in Oil and Gas Market

Internet of Things (IoT), which integrates sensing, communication and analytics dimensions has shown improvement as the core technologies have enhanced. The possibility of IoT technologies in the oil and gas industry lies in helping the oil and gas companies create new asset information about the elements of their businesses.

The three main advantages that the deployment of IoT in the oil and gas industry will bring to the industry are improved reliability, enhanced business operations and added value in the business. Each of the industry stream (Upstream, Midstream, and Downstream) can be benefitted from the use of IoT in the above-mentioned categories.

Upstream companies which deals in the exploration and production of the oil and gas can gain operational insights by analyzing huge set of data. Midstream companies which deals in the transportation such as pipelines and storage will be benefited by building a data enabled infrastructure, which will further enhance the business considerably. Downstream companies dealing with the petroleum products, refiners and retailers will witness new opportunities of revenue generation, expanding their presence across the supply chain and targeting digital consumers with the help of IoT.

Companies operating in the oil and gas industry can obtain significant value by developing integrated IoT strategies with the focus on transforming the business. The increasing use of IoT for data capturing and further analysis can help companies save millions of dollars by reducing the company’s pipeline/well and equipment failure and further improving the output. The use of IoT solutions in the oil and gas industry can also help in influencing the global GDP. According to the market intelligence by BIS Research, the Global IoT in Oil and Gas Market was estimated at $13.35 billion in the year 2018.

IOT in Oil and Gas Industry

Market Dynamics

Growth Drivers

•    Demand for Operational Efficiency to Fulfil Energy Requirement

•    Rising Cyber Attacks

•    Scarcity of Skilled Expertise

Market Challenges

•    Lack of Communication Infrastructure

•    High Initial Investment

Market Opportunities

•    Introduction of Next Generation Sensors

•    Rising Deployment of Data Analytics

•    Advent of UAVs/Drones in Oil and Gas Industry

Growth Factors

Increasing cyberattacks: Oil and gas industry is highly prone to cyber-attacks due to an increasing number of entry points in the value chain. The industry is witnessing cyber-attacks since the year 2008 when the first attack took place and bid-lease data, seismic mark-ups, and intellectual properties were being hacked. After that a series of cyber-attacks have taken place which have raised serious concerns about the security in the oil and gas industry. Cyber-attacks may cause serious issues such as machine malfunction and loss of tangible asset which often results in financial loss to the oil and gas company and also to the economy.

Increasing demand for operational efficiency: The oil and gas industry operates in a volatile environment. A recent boom in the industry has increased the need for innovation and investment in the digitization process to address certain issues such as cost, pressure and optimized performance. With the stabilizing prices, the oil and gas industry is now moving towards the use of technological investments and is aware about the further consequences. IoT is an extended form of automation and connectivity, which helps in providing higher operational efficiencies to new business models. IoT has the potential to enhance productivity and improve operating costs across several industries including oil and gas. IoT is not only helping in improving operational and asset efficiency, in some cases an increased output is also being witnessed.

Scarcity of skilled labor: Oil and gas industry globally is experiencing the scarcity of skilled labor which will continue to increase in the coming decade. This is mainly due to the fact that most of the employees are on the verge of retiring. The workforce has huge area of experience and domain knowledge and it is evident that oil and gas industry relies entirely on them. The oil and gas industry is currently facing an increasing gap in the age group of the workforce. The industry is currently focusing on recruiting talent which focuses not only on the replacement of experienced workers for several roles but also to assign jobs which are useful in the digital era such as data scientists and business analysts.

Table of Contents

1 Market Dynamics

      1.1   Market Drivers
              1.1.1   Demand for Operational Efficiency to Fulfil Energy Requirement
              1.1.2   Rising Cyber Attacks
              1.1.3   Scarcity of Skilled Expertise
      1.2   Market Restraints
              1.2.1   Lack of Communication Infrastructure
              1.2.2   High Initial Investment
      1.3   Market Opportunities
              1.3.1   Introduction of Next Generation Sensors
              1.3.2   Rising Deployment of Data Analytics
              1.3.3   Advent of UAVs/Drones in Oil and Gas Industry

2 Competitive Landscape

      2.1   Key Market Developments and Strategies
              2.1.1   Partnerships, Collaborations, and Joint Ventures
              2.1.2   Product Launches and Developments
              2.1.3   Mergers and Acquisitions
              2.1.4   Business Expansions and Contracts
              2.1.5   Others (Awards and Recognitions)
      2.2   Competitive Benchmarking of Key Players in IoT in Oil and Gas Market

3 Industry Analysis

      3.1   Stakeholder Analysis
              3.1.1   IoT Impact Matrix and Analysis
              3.1.2   Oil and Gas Companies
              3.1.3   Information and Communication Technology Providers
              3.1.4   Energy Management and Automation Companies
      3.2   Emerging Trends in the Internet of Things in the Oil and Gas Market
              3.2.1   Artificial Intelligence
              3.2.2   Blockchain
              3.2.3   Market Consolidation
      3.3   Key Consortiums and Associations
      3.4   Investment and Funding Landscape

4 Global IoT in Oil and Gas Market (by Solution)

      4.1   Market Overview
      4.2   Sensing
      4.3   Communication
      4.4   Cloud and Edge Computing
      4.5   Data Management

5 Global Internet of Things (IoT) in Oil and Gas Market (by Industry Stream)

      5.1   Market Overview
      5.2   Upstream
      5.3   Midstream
      5.4   Downstream

6 Global IoT in Oil and Gas Market (by Application)

      6.1   Market Overview
      6.2   Fleet and Asset Management
      6.3   Preventive Maintenance
      6.4   Pipeline Monitoring
      6.5   Security Management
      6.6   Others

7 Global IoT in Oil and Gas Market (by Region)

      7.1   North America
              7.1.1   North America (by Application)
              7.1.2   North America (by Industry Stream)
              7.1.3   North America (by Country)
                         7.1.3.1   U.S.
                         7.1.3.2   Canada
                         7.1.3.3   Mexico
                         7.1.3.4   Rest-of-North America
      7.2   South America
              7.2.1   South America (by Application)
              7.2.2   South America (by Industry Stream)
              7.2.3   South America (by Country)
                         7.2.3.1   Brazil
                         7.2.3.2   Argentina
                         7.2.3.3   Rest-of-South America
      7.3   Europe
              7.3.1   Europe (by Application)
              7.3.2   Europe (by Industry Stream)
              7.3.3   Europe (by Country)
                         7.3.3.1   Norway
                         7.3.3.2   The Netherlands
                         7.3.3.3   France
                         7.3.3.4   Germany
                         7.3.3.5   Denmark
                         7.3.3.6   Sweden
                         7.3.3.7   Rest-of-Europe
      7.4   U.K.
              7.4.1   U.K. (by Application)
              7.4.2   U.K. (by Industry Stream)
      7.5   China
              7.5.1   China (by Application)
              7.5.2   China (by Industry Stream)
      7.6   Asia-Pacific and Japan
              7.6.1   Asia-Pacific Japan (by Application)
              7.6.2   Asia-Pacific Japan (by Industry Stream)
              7.6.3   Asia-Pacific Japan (by Country)
                        7.6.3.1   Japan
                        7.6.3.2   South Korea
                        7.6.3.3   India
                        7.6.3.4   Thailand
                        7.6.3.5   Malaysia
                        7.6.3.6   Singapore
                        7.6.3.7   Vietnam
                        7.6.3.8   Rest of Asia-Pacific and Japan
      7.7   Middle East and Africa
              7.7.1   Middle East Africa (by Application)
              7.7.2   Middle East Africa (by Industry Stream)
              7.7.3   Middle East Africa (by Country)
                         7.7.3.1   Saudi Arabia
                         7.7.3.2   United Arab Emirates (UAE)
                         7.7.3.3   South Africa
                         7.7.3.4   Rest-of-Middle East Africa

8 Company Profiles

      8.1   Overview
      8.2   Intel Corporation
              8.2.1   Company Overview
              8.2.2   Role of Intel Corporation in Internet of Things in Oil and Gas Market
              8.2.3   Financials
              8.2.4   Key Insights About the Financial Health of the Company
              8.2.5   SWOT Analysis
      8.3   Kellton Tech Solutions Ltd.
              8.3.1   Company Overview
              8.3.2   Role of Kellton Tech Solutions Ltd. in Internet of Things in Oil and Gas Market
              8.3.3   Financials
              8.3.4   SWOT ANALYSIS
      8.4   Telit Communications PLC
              8.4.1   Company Overview
              8.4.2   Role of Telit Communications PLC in Internet of Things in Oil and Gas Market
              8.4.3   Product Portfolio
              8.4.4   Financials
              8.4.5   Key Insights About the Financial Health of the Company
              8.4.6   SWOT ANALYSIS
      8.5   Amazon Web Services, Inc.
              8.5.1   Company Overview
              8.5.2   Role of Amazon Web Services, Inc. in Internet of Things in Oil and Gas Market
              8.5.3   Financials
              8.5.4   SWOT Analysis
      8.6   Wipro Limited
              8.6.1   Company Overview
              8.6.2   Role of Wipro Limited in Internet of Things in Oil and Gas Market
              8.6.3   Financials
              8.6.4   SWOT Analysis
     8.7   CISCO Systems Inc.
              8.7.1   Company Overview
              8.7.2   Role of Cisco Systems Inc. in Internet of Things in Oil and Gas Market
              8.7.3   Financials
              8.7.4   SWOT Analysis
      8.8   C3 IoT, Inc.
              8.8.1   Company Overview
              8.8.2   Role of C3 IoT, Inc. in Internet of Things in Oil and Gas Market
              8.8.3   SWOT ANALYSIS
      8.9   IBM Corporation
              8.9.1   Company Overview
              8.9.2   Role of IBM Corporation in Internet of Things in Oil and Gas Market
              8.9.3   Financials
              8.9.4   Key Insights About the Financial Health of the Company
              8.9.5   SWOT ANALYSIS
    8.10   Microsoft Corporation
              8.10.1   Company Overview
              8.10.2   Role of Microsoft Corporation in Internet of Things in Oil and Gas Market
              8.10.3   Financials
              8.10.4   Key Insights About the Financial Health of the Company
              8.10.5   SWOT Analysis
    8.11   HCL Technologies Ltd.
              8.11.1   Company Overview
              8.11.2   Role of HCL Technologies Ltd. In Internet of Things in Oil and Gas Market
              8.11.3   Financials
              8.11.4   SWOT ANALYSIS
    8.12   SAP SE
              8.12.1   Company Overview
              8.12.2   Role of SAP SE in Internet of Things in Oil and Gas Market
              8.12.3   Financials
              8.12.4   SWOT Analysis
    8.13   Alphabet Inc.
              8.13.1   Company Overview
              8.13.2   Role of Alphabet Inc. in Global IoT in Oil & Gas Market
              8.13.3   Product Portfolio
              8.13.4   Financials
              8.13.5   SWOT Analysis
    8.14   Cognizant
              8.14.1   Company Overview
              8.14.2   Role of Cognizant in Global IoT in Oil & Gas Market
              8.14.3   Product Portfolio
              8.14.4   Financials
              8.14.5   SWOT ANALYSIS
    8.15   PTC
              8.15.1   Company Overview
              8.15.2   Role of PTC in Global IoT Oil and Gas Market
              8.15.3   Product Portfolio
              8.15.4   Financials
              8.15.5   SWOT Analysis
    8.16   Sierra Wireless
              8.16.1   Company Overview
              8.16.2   Role of Sierra Wireless in Global IoT in Oil & Gas Market
              8.16.3   Product Portfolio
              8.16.4   Financials
              8.16.5   SWOT Analysis
    8.17   General Electric
              8.17.1   Company Overview
              8.17.2   Role of General Electric in Internet of Things in Oil and Gas Market
              8.17.3   Financials
              8.17.4   Key Insights About the Financial Health of the Company
              8.17.5   SWOT ANALYSIS
    8.18   Rockwell Automation Inc.
              8.18.1   Company Overview
              8.18.2   Role of Rockwell Automation Inc. in Internet of Things in Oil and Gas Market
              8.18.3   Financials
              8.18.4   Key Insights About the Financial Health of the Company
              8.18.5   SWOT ANALYSIS
   8.19   Siemens AG
              8.19.1   Company Overview
              8.19.2   Role of Siemens AG in Internet of Things in Oil and Gas Market
              8.19.3   Financials
              8.19.4   SWOT ANALYSIS
    8.20   Schneider Electric
              8.20.1   Company Overview
              8.20.2   Role of Schneider Electric in Internet of Things in Oil and Gas Market
              8.20.3   Financials
              8.20.4   SWOT Analysis
    8.21   ABB Ltd.
              8.21.1   Company Overview
              8.21.2   Role of ABB Ltd. In Internet of Things in Oil and Gas Market
              8.21.3   Financials
              8.21.4   SWOT ANALYSIS
    8.22   Eaton Corporation Plc
              8.22.1   Company Overview
              8.22.2   Role of Eaton Corporation Plc in Internet of Things in Oil and Gas Market
              8.22.3   Financials
              8.22.4   Key Insights About the Financials Health of the Company
              8.22.5   SWOT Analysis
    8.23   Emerson Electric Co.
              8.23.1   Company Overview
              8.23.2   Role of Emerson Electric in IoT in Oil and Gas Market
              8.23.3   Financials
              8.23.4   Key Insights About the Financial Health of the Company
              8.23.5   SWOT Analysis
    8.24   Honeywell International Inc.
              8.24.1   Company Overview
              8.24.2   Role of Honeywell International Inc. in IoT in Oil and Gas Market
              8.24.3   Financials
              8.24.4   SWOT ANALYSIS
    8.25   ENGIE
              8.25.1   Company Overview
              8.25.2   Role of Engie in Global IoT in Oil and Gas Market
              8.25.3   Financials
              8.25.4   SWOT ANALYSIS
    8.26   Yokogawa Electric Corporation
              8.26.1   Company Overview
              8.26.2   Role of Yokogawa Electric Corporation in Global IoT in Oil and Gas Market
              8.26.3   Financials
              8.26.4   SWOT Analysis
    8.27   Equinor ASA
              8.27.1   Company Overview
              8.27.2   Role of Equinor ASA in IoT in Oil and Gas Market
              8.27.3   Product Portfolio
              8.27.4   Financials
              8.27.5   Key Insights About the Financial Health of the Company
              8.27.6   SWOT ANALYSIS
    8.28   Royal Dutch Shell PLC
              8.28.1   Company Overview
              8.28.2   Role of Royal Dutch Shell PLC in IoT in Oil and Gas Market
              8.28.3   Product Portfolio
              8.28.4   Financials
              8.28.5   Key Insights About the Financial Health of the Company
              8.28.6   SWOT ANALYSIS
    8.29   Schlumberger Limited
              8.29.1   Company Overview
              8.29.2   Role of Schlumberger Limited in IoT in Oil and Gas Market
              8.29.3   Product Portfolio
              8.29.4   Financials 
              8.29.5   SWOT ANALYSIS
    8.30   BP p.l.c.
              8.30.1   Company Overview
              8.30.2   Role of BP p.l.c. in IoT in Oil and Gas Market
              8.30.3   Financials
              8.30.4   Key Insights About the Financial Health of the company
              8.30.5   SWOT ANALYSIS
    8.31   Total S.A.
              8.31.1   Company Overview
              8.31.2   Role of Total S.A. in IoT in Oil and Gas Market
              8.31.3   Product Portfolio
              8.31.4   Financials
              8.31.5   SWOT ANALYSIS
    8.32   Saudi Arabian Oil Co.
              8.32.1   Company Overview
              8.32.2   Role of Saudi Arabia Oil Co. in Global IoT in Oil & Gas Market
              8.32.3   Financials
              8.32.4   SWOT Analysis
    8.33   NXP Semiconductors N.V.
              8.33.1   Company Overview
              8.33.2   Role of NXP Semiconductors N.V. in IoT in Oil and Gas Market
    8.34   Infineon Technologies AG
              8.34.1   Company Overview
              8.34.2   Role of Infineon Technologies AG in IoT in Oil and Gas Market
    8.35   Analog Device, Inc.
              8.35.1   Company Overview
              8.35.2   Role of Analog Devices, Inc. in IoT in Oil and Gas Market
    8.36   Robert Bosch GmbH
              8.36.1   Company Overview
              8.36.2   Role of Robert Bosch GmbH in IoT in Oil and Gas Market
    8.37   Texas Instruments Incorporated
              8.37.1   Company Overview
              8.37.2   Role of Texas Instruments in IoT in Oil and Gas Market
    8.38   Revvo Technologies Inc.
              8.38.1   Company Overview
              8.38.2   Role of Revvo Technologies Inc. in IoT in Oil and Gas Market
    8.39   STMicroelectronics
              8.39.1   Company Overview
              8.39.2   Role of STMicroelectronics in Global IoT in Oil & Gas Market
   8.40   OMRON Corporation
              8.40.1   Company Overview
              8.40.2   Role of Omron Corporation in Global IoT in Oil & Gas Market
    8.41   Broadcom Inc.
              8.41.1   Company Overview
              8.41.2   Role of Broadcom Inc. in Global IoT in Oil & Gas Market
    8.42   TE connectivity Ltd.
              8.42.1   Company Overview
              8.42.2   Role of TE Connectivity Ltd. in Global IoT in Oil & Gas Market
    8.43   TDK Corporation
              8.43.1   Company Overview
              8.43.2   Role of TDK Corporation in Global IoT in Oil & Gas Market
    8.44   Sensirion AG
              8.44.1   Company Overview
              8.44.2   Role of Sensirion AG in Global IoT in Oil & Gas Market

9 Report Scope and Methodology

      9.1   Report Scope
      9.2   Market Research Methodology
              9.2.1   Assumptions
              9.2.2   Limitations
              9.2.3   Primary Data Sources
              9.2.4   Secondary Data Sources
              9.2.5   Data Triangulation
              9.2.6   Market Estimation and Forecast

10 Annexure

       10.1   Annexure A: List of Key Strategies and Developments in IoT in Oil and Gas Market (Jan 2017- Dec 2019)

List of Tables

Table 1.1:    Impact Analysis of Drivers
Table 1.2:    Impact Analysis of Restraints
Table 3.1:    Recent Developments by the Oil and Gas Companies in the IoT in Oil and Gas Market
Table 3.2:    Recent Developments by the ICT Solution Providers in the IoT in Oil and Gas Market
Table 3.3:    Recent Developments by the Energy Management and Automation Companies in IoT in Oil and Gas Market
Table 3.4:    Recent Consolidations/Partnerships in the IoT in Oil and Gas Market
Table 3.5:    Key Consortiums and Associations in Global IoT in Oil and Gas Market
Table 4.1:    Global IoT in Oil and Gas Market (by Solutions), 2018-2024 ($Billion)
Table 4.2:    Key Players Offerings Sensing System in IoT in Oil and Gas Market
Table 4.3:    Key Players Offerings Communication System in IoT in Oil and Gas Market
Table 4.4:    Key Players Offerings Cloud and Edge Computing Solutions in IoT in Oil and Gas Market
Table 4.5:    Key Players Offerings Data Management Solutions in IoT in Oil and Gas Market
Table 5.1:    Global IoT in Oil and Gas Market (by Industry Stream), 2018-2024, ($Billion)
Table 5.2:    Key IoT Solution Providers in the Upstream Sector
Table 5.3:    Some of the IoT Solution Providers in the Downstream Sector
Table 6.1:    Global IoT in Oil and Gas Market (by Application), 2018-2024 ($Billion)
Table 6.2:    Key Companies providing IoT Solutions for Fleet and Asset Management in Global IoT in Oil and Gas Market
Table 6.3:    Key Companies providing IoT Solutions for Preventive Maintenance in Global IoT in Oil and Gas Market
Table 6.4:    Key Companies Providing IoT Solutions for Pipeline Monitoring in Global IoT in Oil and Gas Market
Table 6.5:    Key Companies providing IoT Solutions for Security Management in Global IoT in Oil and Gas Market
Table 7.1:    Global IoT in Oil and Gas Market (by Region), $Million, 2018-2024
Table 7.2:    Recent Developments in the North America IoT in Oil and Gas Industry
Table 7.3:    North America IoT in Oil and Gas Market (by Application), 2018-2024
Table 7.4:    North America IoT in Oil and Gas Market (by Industry Stream), 2018-2024
Table 7.5:    North America in IoT in Oil and Gas Market (by Country), 2018-2024, $Billion
Table 7.6:    Recent Developments in the Canadian IoT in Oil and Gas Industry
Table 7.7:    Capital Expenditure Spending by Leading Oil and Gas Companies in Canada, $Billion
Table 7.8:    South America IoT in Oil and Gas Market (by Application), 2018-2024
Table 7.9:    South America IoT in Oil and Gas Market (by Industry Stream), 2018-2024
Table 7.10:    South America in IoT in Oil and Gas Market (by Country), 2018-2024, $Billion
Table 7.11:    Europe IoT in Oil and Gas Market (by Application), 2018-2024
Table 7.12:    Europe IoT in Oil and Gas Market (by Industry Stream), 2018-2024
Table 7.13:    Europe IoT in Oil and Gas Market (by Country), 2018-2024
Table 7.14:    U.K. IoT in Oil and Gas Market (by Application), 2018-2024
Table 7.15:    U.K. IoT in Oil and Gas Market (by Industry Stream), 2018-2024
Table 7.16:    China IoT in Oil and Gas Market (by Application), 2018-2024
Table 7.17:    China IoT in Oil and Gas Market (by Industry Stream), 2018-2024
Table 7.18:    Asia-Pacific Japan IoT in Oil and Gas Market (by Application), 2018-2024
Table 7.19:    Asia-Pacific Japan IoT in Oil and Gas Market (by Industry Stream), 2018-2024
Table 7.20:    Asia-Pacific and Japan IoT in Oil and Gas Market (by Country), 2018-2024
Table 7.21:    Middle East Africa IoT in Oil and Gas Market (by Application), 2018-2024
Table 7.22:    Middle East Africa IoT in Oil and Gas Market (by Industry Stream), 2018-2024
Table 7.23:    Middle East Africa IoT in Oil and Gas Market (by Country), 2018-2024
Table 8.1:    Intel Corporation: Product Portfolio
Table 8.2:    Kellton Tech Solutions Ltd: Product Portfolio
Table 8.3:    Telit Communications PLC: Product Portfolio
Table 8.4:    Amazon Web Services, Inc.: Product Portfolio
Table 8.5:    Wipro Limited: Product Portfolio
Table 8.6:    Cisco Systems Inc.: Product Portfolio
Table 8.7:    C3IoT: Product Portfolio
Table 8.8:    IBM Corporation: Product Portfolio
Table 8.9:    Microsoft Corporation: Product Portfolio
Table 8.10:    HCL Technologies Ltd.: Product Portfolio
Table 8.11:    SAP SE: Product Portfolio
Table 8.12:    Alphabet Inc. Product Portfolio
Table 8.13:    Cognizant Product Portfolio
Table 8.14:    PTC: Product Portfolio
Table 8.15:    Sierra Wireless Product Portfolio
Table 8.16:    General Electric: Product Portfolio
Table 8.17:    Rockwell Automation Inc.: Product Portfolio
Table 8.18:    Siemens AG: Product Portfolio
Table 8.19:    Schneider Electric: Product Portfolio
Table 8.20:    ABB Ltd.: Product Portfolio
Table 8.21:    Eaton Corporation Plc: Product Portfolio
Table 8.22:    Emerson Electric: Product Portfolio
Table 8.23:    Honeywell International: Product Portfolio
Table 8.24:    ENGIE: Product Portfolio
Table 8.25:    Yokogawa Electric Corporation: Product Portfolio
Table 8.26:    Equinor ASA: Product Portfolio
Table 8.28:    Royal Dutch Shell PLC: Product Portfolio
Table 8.29:    Schlumberger Limited: Product Portfolio
Table 8.30:    Saudi Arabia Oil Co.: Product Portfolio

List of Figures

Figure 1:    IoT Building Block
Figure 2:    Factors Affecting the Global IoT in Oil and Gas Market
Figure 3:    Global IoT in Oil and Gas Market Snapshot
Figure 4:    Global IoT in Oil and Gas Market (by Solutions), 2019 and 2024
Figure 5:    Global IoT in Oil and Gas Market (by Application), $Billion, 2019 and 2024
Figure 6:    Global IoT in Oil and Gas Market (by Industry Stream), 2019-2024
Figure 7:    Regional IoT in Oil and Gas Market Snapshot
Figure 1.1:    Market Dynamics
Figure 1.2:    U.S. Oil and Gas Industry Workforce: Facts
Figure 2.1:    Strategies Adopted by the Key Players (January 2017-December 2019)
Figure 2.2:    Share of Key Market Strategies and Developments (January 2017- December 2019)
Figure 2.3:    Partnerships, Collaborations, and Joint Venture Shares (by Company)
Figure 2.4:    Product Launches and Developments Share (by Company)
Figure 2.5:    Mergers and Acquisitions Share (by Company)
Figure 2.6:    Business Expansion and Contract Share (by Company)
Figure 2.7:    Competitive Benchmarking Matrix
Figure 3.1:    IoT in Oil and Gas Ecosystem Stakeholders
Figure 3.2:    Impact Analysis Matrix – IoT in Oil and Gas
Figure 3.3:    IoT in Oil and Gas, Investment and Funding, January 2017- December 2019
Figure 3.4:    Investment and Funding Landscape Share (by Round), $Million
Figure 4.1:    IoT Solutions for Oil and Gas Industry
Figure 4.2:    Sensing Systems in IoT in Oil and Gas Market, 2018-2024
Figure 4.3:    Major Applications of Wireless Sensors in Oil and Gas Industry
Figure 4.4:    Communication in IoT in Oil and Gas Market, 2018-2024
Figure 4.5:    Cloud and Edge Computing Systems in IoT in Oil and Gas Market, 2018-2024
Figure 4.6:    Data Management in IoT in Oil and Gas Market, 2018-2024
Figure 5.1:    Industry Streams in Global IoT in Oil and Gas Market
Figure 5.2:    Sub-Segments of Upstream Segment of Oil and Gas Industry
Figure 5.3:    Product Offering of PTC Inc. and Rockwell Automation
Figure 5.4:    Upstream Segment in IoT in Oil and Gas Market, 2018-2024
Figure 5.5:    Major Activities in the Midstream Sector
Figure 5.6:    Midstream Segment in IoT in Oil and Gas Market, 2018-2024
Figure 5.7:    Major Activities in the Downstream Sector
Figure 5.8:    Downstream Segment in IoT in Oil and Gas Market, 2018-2024
Figure 6.1:    Key Application Areas of IoT in Oil and Gas Industry
Figure 6.2:    Fleet and Asset Management in IoT in Oil and Gas Market, 2018-2024
Figure 6.3:    Preventive Maintenance in IoT in Oil and Gas Market, 2018-2024
Figure 6.4:    Pipeline Monitoring in IoT in Oil and Gas Market, 2018-2024
Figure 6.5:    Security Management in IoT in Oil and Gas Market, 2018-2024
Figure 6.6:    Others in IoT in Oil and Gas Market, 2018-2024
Figure 7.1:    Global IoT in Oil and Gas: Regional Market Snapshot
Figure 7.2:    North America IoT in Oil and Gas Market, 2018-2024, $Billion
Figure 7.3:    Expected Percentage Share of Oil and Natural Gas Production, 2020-2029
Figure 7.4:    The U.S. IoT in Oil and Gas Market, 2018-2024
Figure 7.5:    Canada IoT in Oil and Gas Market, 2018-2024
Figure 7.6:    Mexico IoT in Oil and Gas Market, 2018-2024
Figure 7.7:    Rest-of-North America IoT in Oil and Gas Market, $Billion, 2018-2024
Figure 7.8:    South America IoT in Oil and Gas Market, 2018-2024, $Billion
Figure 7.9:    Brazil IoT in Oil and Gas Market, 2018-2024
Figure 7.10:    Argentina IoT in Oil and Gas Market, 2018-2024
Figure 7.11:    Rest-of-South America IoT in Oil and Gas Market, $Million, 2018-2024
Figure 7.12:    Europe IoT in Oil and Gas Market, 2018-2024
Figure 7.13:    Norway IoT in Oil and Gas Market, 2018-2024, $Billion
Figure 7.14:    The Netherlands IoT in Oil and Gas Market, 2018-2024
Figure 7.15:    France IoT in Oil and Gas Market, 2018-2024
Figure 7.16:    Germany IoT in Oil and Gas Market, 2018-2024
Figure 7.17:    Denmark IoT in Oil and Gas Market, 2018-2024
Figure 7.18:    Sweden IoT in Oil and Gas Market, 2018-2024
Figure 7.19:    Rest-of-Europe IoT in Oil and Gas Market, 2018-2024
Figure 7.20:    The U.K. IoT in Oil and Gas Market, 2018-2024
Figure 7.21:    China IoT in Oil and Gas Market, 2018-2024
Figure 7.22:    Asia-Pacific Japan IoT in Oil and Gas Market, 2018-2024
Figure 7.26:    Thailand IoT in Oil and Gas Market, 2018-2024
Figure 7.27:    Malaysia IoT in Oil and Gas Market, 2018-2024
Figure 7.28:    Singapore IoT in Oil and Gas Market, 2018-2024
Figure 7.29:    Vietnam IoT in Oil and Gas Market, 2018-2024
Figure 7.30:    Rest of Asia-Pacific IoT in Oil and Gas Market, 2018-2024
Figure 7.31:    Middle East Africa IoT in Oil and Gas Market, 2018-2024
Figure 7.32:    Saudi Arabia IoT in Oil and Gas Market, 2018-2024
Figure 7.33:    UAE IoT in Oil and Gas Market, 2018-2024
Figure 7.34:    South Africa Crude Oil Imports, 2018
Figure 7.35:    South Africa IoT in Oil and Gas Market, 2018-2024
Figure 7.36:    Rest-of-Middle East Africa IoT in Oil and Gas Market, 2018-2024, $Billion
Figure 8.1:    Segmentation of Key Companies Profiled by Type of Company
Figure 8.2:    Intel Corporation: Overall Financials, 2016-2018
Figure 8.3:    Intel Corporation: Net Revenue (by Business Segment), 2016-2018
Figure 8.4:    Intel Corporation: Net Revenue (by Regional Segment), 2016-2018
Figure 8.5:    Research and Development: Intel Corporation – 2016 to 2018
Figure 8.6:    Intel Corporation: SWOT Analysis
Figure 8.7:    Kellton Tech Solutions Ltd: Overall Financials, 2017-2019
Figure 8.8:    Kellton Tech Solutions Ltd: Net Revenue (by Business Segment), 2017-2019
Figure 8.9:    Kellton Tech: Net Revenue (by Region), 2017 and 2019
Figure 8.10:    Kellton Tech: SWOT Analysis
Figure 8.11:    Telit Communications PLC: Overall Financials, 2016-2018
Figure 8.12:    Telit: Net Revenue (by Business Segment), 2017-2018
Figure 8.13:    Telit Communications PLC: Net Revenue (by Regional Segment), 2016-2018
Figure 8.14:    Research and Development: Telit Communications PLC – 2016 to 2018
Figure 8.15:    Telit Communications PLC: SWOT Analysis
Figure 8.16:    Amazon.com, Inc.: Net Revenue (by Business Segment), 2016-2018
Figure 8.17:    Amazon.com, Inc.: SWOT Analysis
Figure 8.18:    Wipro Limited: Overall Financials, 2017-2019
Figure 8.19:    Wipro Limited: Net Revenue (by Business Segment), 2018-2019
Figure 8.20:    Wipro Limited: Net Revenue by Regional Segment, 2018-2019
Figure 8.21:    Wipro Limited: SWOT Analysis
Figure 8.22:    Cisco Systems Inc.: Overall Financials, 2016-2018
Figure 8.23:    Cisco Systems Inc.: Net Revenue (by Business Segment), 2016-2018
Figure 8.24:    Cisco Systems: Net Revenue (by Region), 2016-2018
Figure 8.25:    Cisco Systems Inc.: SWOT Analysis
Figure 8.26:    C3 IoT: SWOT Analysis
Figure 8.27:    IBM Corporation: Overall Financials, 2017-2019
Figure 8.28:    IBM Corporation: Net Revenue (by Business Segment), 2017-2019
Figure 8.29:    IBM Corporation: Net Revenue (by Regional Segment), 2016-2018
Figure 8.30:    IBM Corporation: R&D Expenditure, 2017-2019
Figure 8.31:    IBM Corporation: SWOT Analysis
Figure 8.32:    Microsoft Corporation: Overall Financials, 2017-2019
Figure 8.33:    Microsoft Corporation: Net Revenue (by Business Segment), 2017-2019
Figure 8.34:    Microsoft Corporation: Net Revenue (by Regional Segment), 2017-2019
Figure 8.35:    Research and Development: Microsoft Corporation – 2017 to 2019
Figure 8.36:    Microsoft Corporation: SWOT Analysis
Figure 8.37:    HCL Technologies Ltd.: Overall Financials, 2017-2019
Figure 8.38:    HCL Technologies Ltd.: Net Revenue (by Business Segment), 2017-2019
Figure 8.39:    HCL Technologies Ltd.: Net Revenue (by Regional Segment), 2017-2019
Figure 8.40:    HCL Technologies Ltd.: SWOT Analysis
Figure 8.41:    SAP SE: Overall Financials, 2016-2018
Figure 8.42:    SAP SE: Net Revenue by Business Segment, 2016-2018
Figure 8.43:    SAP SE: Net Revenue by Regional Segment, 2016-2018
Figure 8.44:    SAP SE: SWOT Analysis
Figure 8.45:    Alphabet Inc. Overall Financials, 2017-2019
Figure 8.46:    Alphabet Inc. Net Revenue by Business Segment, 2017-2019
Figure 8.47:    Alphabet Inc.: Net Revenue by Regional Segment, 2018-2019
Figure 8.48:    Alphabet Inc. SWOT Analysis
Figure 8.49:    Cognizant: Overall Financials, 2016-2018
Figure 8.50:    Cognizant: Net Revenue by Business Segment, 2016-2018
Figure 8.51:    Cognizant: Net Revenue by Regional Segment, 2016-2018
Figure 8.52:    Cognizant: SWOT Analysis
Figure 8.53:    PTC: Overall Financials, 2017-2019
Figure 8.54:    PTC: Net Revenue by Business Segment, 2017-2019
Figure 8.55:    PTC: Net Revenue by Regional Segment, 2016-2018
Figure 8.56:    PTC: SWOT Analysis
Figure 8.57:    Sierra Wireless: Overall Financials, 2017-2019
Figure 8.58:    Sierra Wireless: Net Revenue by Business Segment, 2017-2019
Figure 8.59:    Sierra Wireless: Net Revenue by Regional Segment, 2016-2018
Figure 8.61:    General Electric: Overall Financials, 2016-2018
Figure 8.62:    General Electric: Net Revenue (by Business Segment), 2016-2018
Figure 8.63:    General Electric: Net Revenue (by Regional Segment), 2016-2018
Figure 8.64:    General Electric: Research and Development: 2016-2018
Figure 8.65:    General Electric: SWOT Analysis
Figure 8.66:    Rockwell Automation Inc.: Overall Financials, 2017-2019
Figure 8.67:    Rockwell Automation Inc.: Net Revenue (by Business Segment), 2017-2019
Figure 8.68:    Rockwell Automation Inc.: Net Revenue (by Regional Segment), 2018-2019
Figure 8.69:    Research and Development: Rockwell Automation – 2017-2019
Figure 8.70:    Rockwell Automation Inc.: SWOT Analysis
Figure 8.71:    Siemens AG: Overall Financials, 2016-2018
Figure 8.72:    Siemens AG: SWOT Analysis
Figure 8.73:    Schneider Electric: Overall Financials, 2016-2018
Figure 8.74:    Schneider Electric: Net Revenue (by Business Segment), 2016-2018
Figure 8.75:    Schneider Electric: Net Revenue by Regional Segment, 2016-2018
Figure 8.76:    Schneider Electric: SWOT Analysis
Figure 8.77:    ABB Ltd.: Overall Financials, 2017-2019
Figure 8.78:    ABB Ltd.: Net Revenue (by Operating Segment), 2016-2018
Figure 8.79:    ABB Ltd.: Net Revenue (by Regional Segment), 2017-2019
Figure 8.80:    ABB Ltd.: SWOT Analysis
Figure 8.81:    Eaton Corporation Plc: Overall Financials, 2017-2019
Figure 8.82:    Eaton Corporation Plc: Net Revenue by Business Segment 2016-2018
Figure 8.83:    Eaton Corporation Plc: Net Revenue by Regional Segment 2016-2018
Figure 8.84:    Research and Development Investment -2016 to 2018
Figure 8.85:    Eaton Corporation Plc: SWOT Analysis
Figure 8.86:    Emerson Electric: Overall Financials, 2017-2019
Figure 8.87:    Emerson Electric: Net Revenue by Business Segment, 2017-2019
Figure 8.88:    Emerson Electric: Net Revenue by Regional Segment, 2017-2019
Figure 8.89:    Emerson Electric: Research and Development: 2017-2019
Figure 8.90:    Emerson Electric: SWOT Analysis
Figure 8.91:    Honeywell International: Overall Financials, 2017-2019
Figure 8.92:    Honeywell International: Net Revenue (by Business Segment), 2017-2019
Figure 8.93:    Honeywell International: SWOT Analysis
Figure 8.94:    ENGIE: Overall Financials, 2016-2018
Figure 8.95:    ENGIE: Net Revenue by Regional Segment, 2016-2018
Figure 8.96:    ENGIE: SWOT Analysis
Figure 8.97:    Yokogawa Electric Corporation: Overall Financials, 2016-2018
Figure 8.98:    Yokogawa Electric Corporation: Net Revenue by Business Segment,  2017-2019
Figure 8.99:    Yokogawa Electric Corporation: Net Revenue by Regional Segment,  2018-2019
Figure 8.100:    Microsoft Corporation: SWOT Analysis
Figure 8.101:    Equinor ASA: Overall Financials, 2017-2019
Figure 8.102:    Equinor ASA: Net Revenue by Business Segment, 2017-2019
Figure 8.103:    Research and Development: Equinor ASA – 2017 to 2019
Figure 8.104:    Equinor ASA: SWOT Analysis
Figure 8.105:    Royal Dutch Shell PLC: Overall Financials, 2016-2018
Figure 8.106:    Royal Dutch Shell PLC: Net Revenue (by Business Segment), 2016-2018
Figure 8.107:    Royal Dutch Shell PLC: Net Revenue (by Regional Segment), 2016-2018
Figure 8.108:    Research and Development: Royal Dutch Shell PLC – 2016 to 2018
Figure 8.109:    Royal Dutch Shell PLC: SWOT Analysis
Figure 8.110:    Schlumberger Limited: Overall Financials, 2017-2019
Figure 8.111:    Schlumberger Limited: Net Revenue (by Business Segment), 2017-2019
Figure 8.112:    Schlumberger Limited: Net Revenue (by Regional Segment), 2017-2019
Figure 8.113:    Schlumberger Limited: SWOT Analysis
Figure 8.114:    BP p.l.c.: Overall Financials, 2017-2019
Figure 8.115:    BP p.l.c.: Net Revenue by Business Segment, 2017-2019
Figure 8.116:    Research and Development: BP p.l.c.– 2017 to 2019
Figure 8.117:    10.5: BP p.l.c.: SWOT Analysis
Figure 8.118:    Total S.A.: Overall Financials, 2017-2019
Figure 8.119:    Total S.A.: Net Revenue by Business Segment, 2017-2019
Figure 8.120:    Total S.A.: SWOT Analysis
Figure 8.121:    Saudi Arabia Oil Co. Overall Financials, 2017-2019
Figure 8.122:    Saudi Arabian Oil Co. Net Revenue by Business Segment, 2018-2019
Figure 8.123:    Saudi Arabian Oil Co.: Net Revenue by Regional Segment, 2017-2019
Figure 8.124:    Saudi Arabian oil Co.: SWOT Analysis
Figure 9.1:    IoT in Oil and Gas Market Scope
Figure 9.2:    Report Methodology
Figure 9.3:    Primary Interviews Breakdown, by Company, Designation, and Region
Figure 9.4:    Sources of Secondary Research
Figure 9.5:    Data Triangulation
Figure 9.6:    Top Down-Bottom-Up Approach for Market Estimation

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