The oil and gas data management market has been broadly segmented into three main categories which includes IT infrastructure, Data management and Services. The Oil and Gas industry requires complex technical data to be deployed in diverse ways. However, the costs, time and risks associated with managing and moving this data are high. The rising trend of adoption of modern technologies and solutions in the entire value chain of oil and gas sector is playing huge role for companies to achieve the best operational efficiency targets set by oil and gas companies. The energy sector produces vast and varied amounts of information: raw exploration data, real-time production data, refinery process-related data, and trading and retail information.

The oil and gas data management market research report emphasizes on key adoption trends, evolution of data centers, future opportunities, and business cases in this innovative market. MarketsandMarkets expects an increasing adoption of IT solutions in Oil and Gas vertical, as major vendors are aggressively investing and rigorously working towards building cost effective infrastructure solutions, in an effort to reduce the overall cost incurred by oil producers.

The global market has been broadly classified into solutions, i.e. IT infrastructure, data organization and services. The data organization market is estimated to account for the largest share of the global market in 2015. The Data organization market is expected to register highest CAGR for the forecast period of 2015-2020. This report also gives detailed insights into the global market split across various regions.

On the basis of region, this market is classified into five regions, namely, North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. In 2015, the oil and gas data management market is estimated to be dominated by North America with a 38.51% share followed by the APAC. The adoption of oil and gas data management solution is expected to gain traction in MEA region due to highest proven oil and gas reserves. Over the last twelve months, many new enterprises have started showing interest in these solutions indicating widespread adoption in this region.

As of 2014, North America is estimated to hold the largest share of the global Oil and Gas Data Management market, followed by MEA. However, the APAC market is expected to grow at the highest CAGR of 34.3% from 2014 to 2019. The oil and gas industry is rapidly shifting from traditional processes to smarter operations for deploy minimum workforce over remote and offshore exploration sites. SAP, IBM, Wipro, NetApp and Oracle and VMware Inc. are some of the key players in the global software defined data center market.