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Oilfield Communications Market to 2020 - The Market is set to Grow at a Compound Annual Growth Rate (CAGR) of 7.4% During 2015-2020

20:00 EDT 9 Aug 2015 | Globe Newswire

Dublin, Aug. 10, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/jl4lch/oilfield) has announced the addition of the "Oilfield Communications Market by Communication Technologies (Cellular Network, VoIP, Unified Communications, M2M, Microwave Communication, WiMax, VSAT, TETRA, Fiber Optics, WAN, LAN), Band Type (L Band, Ku Band, HTS) - Global Forecast to 2020" report to their offering.

The deployment of advanced oilfield communication technologies and solutions such as VSAT, WiMax, TETRA networks enable oil and gas companies to reduce their overall costs significantly. Various other factors such as increasing demand for offshore oilfield communication solutions, increasing ICT expenditure, and telecom-based technological growth are catalyzing the overall growth of the oilfield communications market globally.

Alcatel-Lucent, Huawei Technologies, Harris CapRock, Inmarsat, and ERF Wireless are some of the prominent players which are providing reliable oilfield communication solutions and services. It is forecast that the global oilfield communications market to grow from USD 2.6 Billion in 2015 to USD 3.7 Billion in 2020, at a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period of 2015-2020. Over the next 5 years, this market is expected to experience high traction in North America (NA), and the Middle East and Africa (MEA) regions.

Companies Mentioned

  • Alcatel-Lucent International
  • ERF Wireless, Inc.
  • Harris Caprock Communications Inc.
  • Hermes Datacommunications International Ltd.
  • Huawei Technologies Co., Ltd.
  • Hughes Network Systems Llc
  • ITC Global
  • Inmarsat PLC
  • Redline Communications Inc.
  • Rignet Inc.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Oilfield Communications Market Analysis, By Solution

8 Oilfield Communications Market Analysis, By Communication Network Technology

9 Oilfield Communications Market Analysis, By Field Site

10 Oilfield Communications Market Analysis, By Service

11 Geographic Analysis

12 Competitive Landscape

13 Company Profiles

14 Appendix

For more information visit http://www.researchandmarkets.com/research/jl4lch/oilfield



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