Oil and Gas Data Monetization Market: By Method, By Type, By Application, Oil and Gas Service Companies, National Oil Companies and National Data Repositories, and Region Forecast 2019-2030

Oil and Gas Data Monetization Market Size, Share, Growth, Trends, and Global Industry Analysis: By Method (Direct Data Monetization and Indirect Data Monetization), By Type (Professional Services, Software/Platform, and Data-as-a-Service), By Application (Independent Oil Companies (IOCs), Oil and Gas Service Companies, National Oil Companies (NOCs) and National Data Repositories (NDRs), and Region Forecast 2019-2030

Oil and Gas Data Monetization Market size was valued at US$ 46.9 billion in 2023 and is poised to grow at a significant CAGR 19.7% from 2024-2030. Factors that are propelling the market are the rising adoption of data management and data analytics solutions in the oil and gas sector and increasing demand for this market from emerging countries such as North America and Asia Pacific. In addition, the huge presence of large proven oil reserves in Venezuela, Saudi Arabia, Canada, the U.S. China, etc. acts as a major opportunity for market growth. In addition, the global market report includes human demographics; regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition.  

Global Oil And Gas Data Monetization Market Summary

Study Period

2025-2031

Base Year

2024

CAGR

19.7%

Largest Market

Asia-Pacific

Fastest Growing Market

Asia-Pacific

Oil and Gas Data Monetization Market Dynamics

Rising adoption of advanced technological solutions in the oil and gas industry across GCC countries drives the market growth. U.S is expected to be one of the emerging region fuelling the growth of this market. Advanced analytics help oil and gas companies make data-driven decisions and solve issues across the value chain from portfolio management, development and operations all the way to commercialization that have long been considered unsolvable. Advanced analytics can make an integrated and efficient approach to field development possible by pinpointing optimal well locations, informing design decisions, and identifying and remediating project risks.

Global Oil And Gas Data Monetization Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2025-2031

Market Size in 2023

US$ 46.9 billion

Market CAGR

19.7%

By Method

  • Direct Data Monetization
  • Indirect Data Monetization

By Type

  • Professional Services
  • Software/Platform
  • Data-as-a-service

By Application

  • Independent Oil Companies (IOCs)
  • Oil and Gas Service Companies
  • National Oil Companies (NOCs)
  • National Data Repositories (NDRs)

By Region

  • North America (USA, Canada)
  • Europe (Germany, UK, France, Spain, Italy , Rest of Europe)
  • The Asia Pacific (China, India, Japan, Australia, South Korea, Rest of Asia- Pacific)
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
  • MEA (Saudi Arabia, UAE, South Africa, Rest of MEA)

Key Features of the Report

  • The oil and gas data monetization market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis 

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Frequently Asked Questions

The global oil and gas data monetization market size was valued at US$ 46.9 billion in 2023 and is projected to grow at a CAGR of 19.7% from 2024 to 2030.

The market key players are: Schlumberger SAP SE Oracle Corporation Informatica Corporation IBM Corporation Microsoft Corporation Tata Consultancy Services Cisco Software Capgemini Hitachi Vantara Corporation

The market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

Author image

Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1. Executive Summary
2. Global Oil And Gas Data Monetization Market Introduction 
2.1.Global Oil And Gas Data Monetization Market  - Taxonomy
2.2.Global Oil And Gas Data Monetization Market  - Definitions
2.2.1.Method
2.2.2.Type
2.2.3.Application
2.2.4.Region
3. Global Oil And Gas Data Monetization Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Oil And Gas Data Monetization Market Analysis, 2020 - 2024 and Forecast 2025 - 2031
4.1.  Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Oil And Gas Data Monetization Market  By Method, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
5.1. Direct Data Monetization
5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Indirect Data Monetization
5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6. Global Oil And Gas Data Monetization Market  By Type, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
6.1. Professional Services
6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Software/Platform
6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Data-as-a-service
6.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7. Global Oil And Gas Data Monetization Market  By Application, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
7.1. Independent Oil Companies (IOCs)
7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Oil and Gas Service Companies
7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. National Oil Companies (NOCs)
7.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. National Data Repositories (NDRs)
7.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
8. Global Oil And Gas Data Monetization Market  By Region, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9. North America Oil And Gas Data Monetization Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
9.1. Method Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Direct Data Monetization
9.1.2.Indirect Data Monetization
9.2.  Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Professional Services
9.2.2.Software/Platform
9.2.3.Data-as-a-service
9.3.  Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Independent Oil Companies (IOCs)
9.3.2.Oil and Gas Service Companies
9.3.3.National Oil Companies (NOCs)
9.3.4.National Data Repositories (NDRs)
9.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10. Europe Oil And Gas Data Monetization Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
10.1. Method Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Direct Data Monetization
10.1.2.Indirect Data Monetization
10.2.  Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Professional Services
10.2.2.Software/Platform
10.2.3.Data-as-a-service
10.3.  Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Independent Oil Companies (IOCs)
10.3.2.Oil and Gas Service Companies
10.3.3.National Oil Companies (NOCs)
10.3.4.National Data Repositories (NDRs)
10.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
11. Asia Pacific (APAC) Oil And Gas Data Monetization Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
11.1. Method Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Direct Data Monetization
11.1.2.Indirect Data Monetization
11.2.  Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Professional Services
11.2.2.Software/Platform
11.2.3.Data-as-a-service
11.3.  Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Independent Oil Companies (IOCs)
11.3.2.Oil and Gas Service Companies
11.3.3.National Oil Companies (NOCs)
11.3.4.National Data Repositories (NDRs)
11.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12. Middle East and Africa (MEA) Oil And Gas Data Monetization Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
12.1. Method Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Direct Data Monetization
12.1.2.Indirect Data Monetization
12.2.  Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Professional Services
12.2.2.Software/Platform
12.2.3.Data-as-a-service
12.3.  Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Independent Oil Companies (IOCs)
12.3.2.Oil and Gas Service Companies
12.3.3.National Oil Companies (NOCs)
12.3.4.National Data Repositories (NDRs)
12.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13. Latin America Oil And Gas Data Monetization Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
13.1. Method Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Direct Data Monetization
13.1.2.Indirect Data Monetization
13.2.  Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Professional Services
13.2.2.Software/Platform
13.2.3.Data-as-a-service
13.3.  Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Independent Oil Companies (IOCs)
13.3.2.Oil and Gas Service Companies
13.3.3.National Oil Companies (NOCs)
13.3.4.National Data Repositories (NDRs)
13.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Schlumberger
14.2.2.SAP SE
14.2.3.Oracle Corporation
14.2.4.Informatica Corporation
14.2.5.IBM Corporation
14.2.6.Microsoft Corporation
14.2.7.Tata Consultancy Services
14.2.8.Cisco Software
14.2.9.Capgemini
14.2.10.Hitachi Vantara Corporation
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Schlumberger
  • SAP SE
  • Oracle Corporation
  • Informatica Corporation
  • IBM Corporation
  • Microsoft Corporation
  • Tata Consultancy Services
  • Cisco Software
  • Capgemini
  • Hitachi Vantara Corporation

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