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:2/12/2016)... Opelousas, LA (PRWEB) , ... February 12, 2016 , ... ... of St. Landry and Evangeline Parishes. The purpose of these scholarships is to ... to encourage those individuals to seek employment within these two parishes. , “We ...
(Date:2/12/2016)... Boca Raton, FL (PRWEB) , ... February 12, ... ... nation’s largest non-profit organization devoted exclusively to funding innovative lymphoma research and serving ... patient services – hosted over 250 members of South Florida’s philanthropic community at ...
(Date:2/12/2016)... (PRWEB) , ... February 12, 2016 , ... ... 29, 2016 — 1:30 p.m. – 3:00 p.m. EST, http://www.fdanews.com/fixeddosecombination ... the life cycle of pharmaceutical products, garnering increased attention from all stakeholders in ...
(Date:2/12/2016)... ... 2016 , ... As a former television executive, owner Tal Rabinowitz knows how ... to decompress, Rabinowitz found herself drawn to a casual meditation class while working at ... life, implementing a 20-minute-per-day meditation practice with her team. After her tenure at NBC, ...
(Date:2/12/2016)... ... February 12, 2016 , ... T.E.N., a technology and ... the ISE Southeast Awards 2016. Finalists and winners of the ISE® Awards for ... Forum and Awards Gala on March 15, 2016 at the Westin Peachtree Plaza, ...
Breaking Medicine News(10 mins):
(Date:2/11/2016)... -- The primary goal of this research is to ... usage of liquid biopsy. Key information the survey seeks ... of liquid biopsy adoption amidst future users - Predominantly ... - Sample inflow to conduct liquid biopsy tests - ... so on. - Correlation analysis of sample type and ...
(Date:2/11/2016)... Calif. , Feb. 11, 2016  Walgreens has ... across 39 states and Washington, D.C. ... a move that was commended by shareholder advocacy organization As ... at As You Sow. "Many people hold on to unneeded ... which can have tragic consequences." --> Conrad ...
(Date:2/11/2016)... -- MiMedx Group, Inc. (NASDAQ: MDXG ), the leading ... birth tissues, human skin and bone, and patent-protected processes ... and therapies, announced today that it will present at ... New York , NY.  Parker H. ... , Chief Financial Officer and Chris Cashman , ...
Breaking Medicine Technology: