Oilfield Communications Market by Technologies, Solutions and Services Expected to Reach $3.18 Billion by 2019 - Report by MarketsandMarkets

Oilfield Communications Market majorly focuses on technologies, solutions, services, and regions with in-depth analysis and forecasting of revenues. (http://www.marketsandmarkets.com/Market-Reports/oilfield-communications-market-247995454.html)

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Major Key players are Alcatel-Lucent International, Erf Wireless, Inc., Harris Caprock Communications, Inc., Hermes Datacommunications International Ltd., Huawei Technologies Co., Ltd., Hughes Network Systems LLC, Inmarsat PLC, and many more.

(PRWEB) July 30, 2014

The report “Oilfield Communications Market Upstream and Midstream Communications, Unified Communications, M2M Communications, Video Conferencing, WiMax, VSAT, Onshore and Offshore Communications - Worldwide Market Forecast and Analysis (2014 - 2019)”, defines and segments the oilfield communications market into various sub-segments of technologies, solutions, services, and regions with in-depth analysis and forecasting of revenues. It also identifies drivers and restraints of this market with insights on trends, opportunities, and challenges.

Browse more than 89 market data tables with 48 figures spread through 197 pages and in-depth TOC on Oilfield Communications Market.

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Lack of proper communication infrastructure on oilfield is a major problem for most of the oil exploration companies. The oil exploration companies are adopting advanced technologies to access their reserves and extract data from their fields. Since oil exploration is a complex process and is spread across miles in remote areas, a reliable and robust communication network has become the utmost priority. The basic obstacle for oil exploration companies is to get proper information from their oilfields for better decision making. This obstacle can be solved by the utilization of intelligent communication networks and best-in-class communication equipment, which enable seamless transfer of data from the exploration site to the control centers.

As networks become a mix of terrestrial and non-terrestrial wireless technologies to meet an expanding set of end-user demands, satellite IP communications have to play a vital role. Satellites overcome distance and environmental challenges, taking broadband to any location as part of an integrated network. The other types of potential communication network technologies, which can be used for connectivity, include microwave and cellular technologies. A few rig operators successfully deployed microwave networks beyond the fiber network.

With the adoption of fast and reliable communication infrastructure, the overall efficiency of upstream and midstream operations can be improved. An intelligent communication network will facilitate the seamless integration of data, information, and work processes across the oilfield and the control center. The major oilfield solution vendors have shifted their focus to the emerging markets, which are growing at a rapid speed. Some of the major oilfield communication solution vendors include Alcatel-Lucent International, ERF Wireless, Harris CapRock Communications, Hermes Data communications International, Huawei Technologies, Hughes Network Systems, Inmarsat, ITC Global, Redline Communications, and RigNet, among various others.

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