The article cited AMA's Global Oilfield Services in E-Commerce Market Study explored substantial growth with CAGR of %. According the report, Rising Technological Advancement across the Globe
is one of the primary growth factors for the market. Increasing Demand from Transportation, Power Plants, and Other Industries
is also expected to contribute significantly to the Oilfield Services in E-Commerce market. Overall, applications of Oilfield Services in E-Commerce, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as OFS Portal (United States), Halliburton (United States), Oilfield Marketplace (OFMP) (United States), Tradequip International (United States), PetroRigs.com (United States), Run In All (United States), Energy Dais (India), Superior Energy Services (United States), National Oilwell Varco (United States) and China Oilfield Services Limited (China) may see astonishing sales in this Market and certainly improve revenue growth.
The Category, such as Business-to-business (B2B), is boosting the Oilfield Services in E-Commerce market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The End Use Industries, such as Energy, is boosting the Oilfield Services in E-Commerce market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Oilfield Services in E-Commerce market identified that the demand is rising in many different parts of the world as "The energy industry is on the cusp of the e-commerce revolution". One of the challenges that industry facing is "The oil and gas industry are still based on traditional culture"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Oilfield Services in E-Commerce market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Oilfield Services in E-Commerce market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Oilfield Services in E-Commerce market tight? Which application/end-user category or Product Type [Analytical Services, Field Operation, Drill Hole, Equipment Rental and Other] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Oilfield Services in E-Commerce market and other related sub-markets covered in the study.
o Key & emerging players in the Oilfield Services in E-Commerce market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Oilfield Services in E-Commerce market size is calculated using market estimation process, the Oilfield Services in E-Commerce market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Oilfield Services in E-Commerce market size has been validated using both top-down and bottom-up approaches.