Sep 26, 2017   SOURCE: BusinessWire

Global Oilfield Communication Market - Research Insights, Analysis & Forecasts to 2023 - Research and Markets

The "Global Oilfield Communication Market Research Report Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023" report has been added to Research and Markets' offering.

The global oilfield communications market is expected to have a CAGR of 7.9% during the forecast period.

The market is driven by factors like the increase in global demand for the oil & gas as a result of industrialization, globalization and brisk rise in the per capita oil consumption; new projects in drilling for oil in extreme conditions, the demand for robust communication technologies to explore oil & gas trapped in remote locations and deeper basins, advanced oilfield communication solutions significantly reduce the overall costs to oil companies, mounting information and communication technology expenditure, and increased demand for offshore oil field communication solutions.

The development of new subsea and discovering new subsea help to meet the demand and supply. And there is a new opportunity to develop the oilfield communication market. Increasing in deep water exploration and drilling activity provides new opportunity in oilfield communication market.

Companies Mentioned

  • ABB Ltd.(Switzerlend.)
  • Airspan Networks, Inc (U.S.)
  • Alcatel-Lucent S.A. (France)
  • Baker Hughes Incorporated (U.S.)
  • Ceragon Networks Ltd. (Israel.)
  • Commscope, in (U.S )
  • Commtel Network (U.S.)
  • Huawei Technologies Co. Ltd. (China)
  • Hughes Network Systems Llc (U.S.)
  • Inmarsat Plc (U.K.)
  • Rad Data Communications, Inc. (Israel)
  • Rignet, Inc. (U.S)
  • Siemens Ag (India)
  • Speedcast International Limited (Australia)
  • Tait Communications (New Zealand)

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Geographical Analysis

7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/f7tkm2/global_oilfield