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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
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