Navigation Links
North America Oilfield Communication Market is Expected to Reach $933.2 Million in 2019 - New Report by MicroMarket Monitor
Date:8/15/2014

(PRWEB) August 15, 2014

In recent years, there has been enormous development in various regional economies worldwide. This progress has led to more investments in infrastructure and higher deployment of technology. Due to this, the overall demand for oil has surged globally. Thus, the need for a higher number of oilfields and efficient communications with them has increased. This trend is expected to continue in the near future; therefore, the demand for the oilfield communication market is poised to remain high.

The overall revenue of the global oilfield communications market is estimated at $2,366.5 million as of 2014 and this market is poised to be worth $3,183.9 million by the end of the year 2019, at a CAGR of 6.1% between 2014 and 2019.
http://www.micromarketmonitor.com/market-report/oilfield-communication-reports-9289063833.html

North America consists of some of the most developed nations. This has led to a greater need for oilfield communication solutions. Also, oil companies require real-time data. This has fueled the demand for efficient oilfield communication solutions.

Early buyers will receive 10% customization on this report.
http://www.micromarketmonitor.com/contact/1041883871-request_for_customization.html

The overall revenue of the North American oilfield communications market is estimated at $658.8 million as of 2014, and this market is poised to be worth $933.2 million by the end of the year 2019, at a CAGR of 7.2% during the forecast period.

Get a copy of PDF Brochure @ http://www.micromarketmonitor.com/contact/1041883871-download_pdf_brochure.html.

The top players that lead the North American market are Harris CapRock communications with 34% followed by RigNet with a market share of 27%. Other enterprises providing services in the North American oilfield communication market are ITC Global, Hughes Network Systems, and others.

Browse through the market data tables, figures and detailed ToC on the “North America Oilfield Communication Market”.
http://www.micromarketmonitor.com/market/north-america-oilfield-communication-1041883871.html    

Related Reports:

Europe Oilfield Communication Market
The oilfield communications market in the European region is has currently been valued at $454.1. This market is projected to reach a value of $545.7 million by the end of 2019, at a CAGR of 3.7% between the 2014 and 2019. Hermes Datacommunications International Ltd., Harris CapRock Communications, and RigNet are some of the prominent companies delivering oilfield communication services in this region. The driving force behind the rising demand of this market is the growing exploration and extraction of crude oil, thus requiring higher-quality oilfield communication solutions. Also, the economic growth in the region has fueled this demand in the region.
http://www.micromarketmonitor.com/market/europe-oilfield-communication-1342630266.html

Asia-Pacific Oilfield Communication Market
The Asia-Pacific region is closer to water bodies. Hence, persisting rough weather conditions make communication difficult. Also, there is a tremendous requirement of oil. These factors in turn boost the demand in the oilfield communications market. The oilfield communications market in the Asia-Pacific region has been estimated at $349.8 million as of 2014 and is poised to reach $448.0 million by the end of the year 2019, at a CAGR of 5.1% from 2014 to 2019. Major vendors in the APAC market are RigNet, Huawei Technologies, Hughes Network Systems, Harris CapRock Communications, and others.
http://www.micromarketmonitor.com/market/asia-pacific-oilfield-communication-6135143134.html

About MicroMarket Monitor:

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

Contact:
Mr. Chandrasekhar K.
5601 Bridge Street
Suite 300
Fort Worth, TX 76112
Tel: +1-888-502-0539
Email: sales(at)micromarketmonitor(dot)com
Connect with us on LinkedIn at http://www.linkedin.com/company/micromarketmonitor.

Read the full story at http://www.prweb.com/releases/oilfield-communication/market/prweb12085615.htm.


'/>"/>
Source: PRWeb
Copyright©2014 Vocus, Inc.
All rights reserved

Related medicine news :

1. New online portal, app provide information on tsunami zones in the Northwest
2. A North American first at the Montreal Heart Institute
3. Symtrex Inc. Signs Up with ImmuneSecurity to Launch LogInspect to the North American Market
4. Northwestern launches comprehensive program for patients with bicuspid aortic valve disease
5. Northwestern Medicine hosts the National Marfan Foundations Annual Conference
6. Northwestern researchers investigate treatment for tumor cells in spinal fluid
7. North Texas Cities to Start West Nile Spraying Thursday
8. Northeasterns Barnett Institute announces formation of leading analytics company, BioAnalytix, LLC
9. Power Slowly Returns to Much of Northeast After Sandy
10. Kessler awarded $2 million federal grant for Northern NJ Traumatic Brain Injury System
11. Heart Health Worst in the South, Best in Northeast
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/2/2016)... ... December 02, 2016 , ... ... Area in Alabama are expected to attend the UNCF Dothan-Wiregrass Mayor’s Luncheon Dec. ... scholarship funds for area students and operating support to UNCF-member institutions, including Miles ...
(Date:12/2/2016)... ... December 02, 2016 , ... Center for Autism and ... of those affected by autism spectrum disorder (ASD) and other developmental disabilities. The group, ... will give parents and other caregivers the opportunity to share stories and advice, seek ...
(Date:12/2/2016)... ... , ... With the number of pain management programs available for people suffering ... one that works for them. When an inventor from Suisun City, Calif., was unsuccessful ... to share it with others. , He developed a prototype for PRO GO MASSAGE ...
(Date:12/2/2016)... ... 02, 2016 , ... More than half of American teens report losing their ... speaking with their child about sex related topics, less than 60 percent spoke about ... to announce the launch of its second edition of the “Sexual Wellness” campaign, aiming ...
(Date:12/2/2016)... Honolulu, Hawaii (PRWEB) , ... December 02, 2016 ... ... 3, 2016 at the Hyatt Regency Waikiki Beach Resort and Spa in Honolulu, ... (CME) in the field of pain management. , The demand for supplemental ...
Breaking Medicine News(10 mins):
(Date:12/2/2016)... DUBLIN , Dec 2, 2016 Research ... Pipeline Database" newsletter to their offering. ... , , ... La Merie Publishing,s proprietary R&D Drug Pipeline Database provides 24/7 online ... therapeutic drugs on the market and on investigational drug candidates in ...
(Date:12/2/2016)... the largest share in the ECG Cables And ECG Leadwires ... remote monitoring ECG devices. On the other hand, the ... the highest growth rate during the forecast period. ... Company (U.S.), Medtronic plc ( Ireland ), Koninklijke ... Medical International Limited ( China ), held major ...
(Date:12/2/2016)... Quantum Radiology,s Mobile Breast Center (QR MBC) brings cutting-edge ... at the workplace, thereby maximizing convenience and compliance.  QR ... and SunTrust Bank, and community health groups to provide ... "I think it,s a great service for ... a mammogram without taking a large amount of time ...
Breaking Medicine Technology: