Published By: Syndicate Market Research
Exploration and Production Software Market size in terms
of volume and value 2020 by SMR Estimate
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Exploration and Production Software Market
The E&P software market is mainly driven by the wide range of growth in energy expenditure in the emerging markets
such as India and China. In addition, due to implementation of E&P software, repeatable workflows can be easily
functionalized. Advancements in technology in E&P and increased use of E&P software in a large extent are expected
boost the demand of the E&P software market. However, high investment cost and lack of technical skill are expected to
hamper growth of E&P software industry.
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The report provides a comprehensive view on the E&P software market we have included a detailed company market
share analysis, product portfolio of the major industry participants. To understand the competitive landscape in the market,
an analysis of Porter’s Five Forces model for the E&P software market has also been included. The study encompasses a
market attractiveness analysis, wherein component, software type and deployment type segments are benchmarked
based on their market size, growth rate and general attractiveness.
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Some of the key players for global E&P software market include Schlumberger Limited, Paradigm B.V, ETL Solutions Ltd,
ION Geophysical Corporation, Interactive Network Technologies, Inc., Hue AS and Aconex Ltd.
Global Exploration and Production (E&P) Software Market: Component Segment Analysis