Oilfield Communications Market Trends & Growth Forecasts to 2026

Oilfield Communications Market to 2026 - Global Analysis and Forecasts by Service (Managed Services and Professional Services); Communication Network Technology (Tetra Network, Fiber-Optic based Communication Network, Microwave Communication Network, Cellular Communication Network, and VSAT Communication Network); Field Sit (Onshore Communications and Offshore Communications); and Solution (Midstream Communication Solutions, Downstream Communication Solutions, and Upstream Communication Solutions)

Publication Month : May 2019

  • Report Code : TIPRE00004489
  • Category : Technology, Media and Telecommunications
  • Status : Published
  • No. of Pages : 168
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The oilfield communications market was valued at US$ 4111.4 million in 2019 and is projected to reach US$ 6812.8 million by 2026. The Oilfield communications market is expected to grow at a CAGR of 8.74% during the forecast period of 2020 to 2025.

The oil and gas industry is accelerating rapidly in terms of technology adoption as well as better user expectations for reliable, high-performance connectivity. The network users working at offshore/onshore expect fast and uninterrupted internet connectivity across the area. Although IoT is not new to the oil & gas industry, the firms associated with the energy sector are always looking for new techniques to increase efficiency and create competitive advantages through automation and real-time data analysis. Satellite communications technology is highly available, providing coverage ubiquitously. Rising demand for offshore oil field communication solutions, new projects in drilling for oil in extreme conditions and rising implication of cyber security are some of the key factors fuelling the market growth. However, factors such as strict government regulatory norms and probable risk in data and asset security are hindering the market. Growing demand for cost-effective solutions in the oil and gas industry provides ample of opportunities for the Oilfield Communications market growth. The growth is due to the need for cyber security in the oil & gas industry. Asia Pacific is anticipated to grow highest CAGR during the forecast period due to the high investing R&D activities and rapidly increasing oilfield excavation activities in this region.

The market for Location of Things globally has been segmented into service, communication network technologies, field site, solution and geography. The service segment is fragmented by managed services and professional services. Whereas the solutions is segmented into midstream communication solutions, downstream communication solutions, and upstream communication solutions. By field sit market is segmented into onshore communications and offshore communications. The communication Network technology is segmented into tetra network, fiber-optic based communication network, microwave communication network, cellular communication network, and VSAT communication network.

Lucrative Regions in Oilfield communications Market

Lucrative Regions in Oilfield communications Market
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Oilfield communications Market Insights

Increasing demand for reliable technologies

There is a rising necessity for reliable and high-speed communications technology in both onshore as well as offshore locations. Steadfast communication is required for supporting mission critical operations in the oilfields. It is also required that the infrastructure supports the welfare of the crew, thereby enabling the workers in accessing the desired internet services. Further it also aids in the enhancement of health and safety policies. Satellite connectivity plays a vital role in remote environments. It is used both as a primary communication source and as an independent link for back-up for the sites that are deploy terrestrial connectivity. The emergence of satellites with high throughput help in extending automation to all the operations in the filed including supply, remote maintenance, live data processing, and decision making.

Service -Based Market Insights

Rapid technology advancements have stressed the necessity to comprehend the complexities of the IT environment and assure that the technology is synchronized with the business objectives of oil companies. Integrating multiple IT systems that serve different departments, functions, and stages in product lifecycles have been a key challenge faced by organizations today on their growth path. Thus, organizations are seeking for implementing technology-driven business models to attain a competitive advantage. On the basis of service, the global oilfield communications market is categorized into managed services and professional services.

Oilfield communications Market, by Service – 2019 and 2026

Oilfield communications Market, by Service – 2019 and 2026
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FIELD SITE -Based Market Insights

The Global oilfield communications market is segmented on basis of field site into onshore and offshore communications. Robust and reliable communications in one of the most crucial aspects in the oil market in both offshore and onshore locations. The demand for communications services have increased significantly in the oil market in the past few years. With ever increasing complexity in operations, rising data requirements, collaborative work processes between various onshore and offshore locations, the need for robust telecommunications is constantly growing.

Communication Network Technology -Based Market Insights

The oilfield communications market by communication network technology is segmented into Tetra Network, Fiber Optic-Based Communication Network, Microwave Communication Network, Cellular Communication Network, and VSAT Communication Network. The VSAT Communication Network is further bifurcated into various band types such as C-Band, L-Band, Ku-Band, and High Throughput Satellite (HTS); and by network type into Mobile VSAT Network, Managed VSAT Network, and Fixed VSAT Network.

Solution -Based Market Insights

The oilfield communications market by solution is segmented into Midstream Communication Solutions, Downstream Communication Solutions, and Upstream Communication Solutions. The market by solution is further segmented onto On-Site Network Connectivity Solutions (Wi-Fi Hotspot, WiMAX, Remote Field WAN and LAN), Integrated Communication Technology Solution (Wireless Intercom System, Unified Communication, Two-Way Radio Communication, VoIP Solutions, Video Conferencing), and Operational Data Communication Solution.

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Oilfield Communications Market: Strategic Insights

oilfield-communications-market
Market Size Value inUS$ 4111.4 Million in 2019
Market Size Value byUS$ 6812.8 Million by 2026
Growth rateCAGR of 8.74% from 2020-2026
Forecast Period2020-2026
Base Year2020
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Players operating in the Oilfield communications market focus on strategies, such as market initiatives, acquisitions, and product launches, to maintain their positions in the oilfield communications market. A few developments by key players of the oilfield communications market are:

In April 2019, CommScope completed its acquisition of ARRIS International plc. Through this acquisition, CommScope is anticipated to drive profitable growth in new markets and shape the future of wired and wireless communications.

In March 2019, Airspan’s partnered with Google’s SAS to provide a full suite of CBRS services to the WISP market. Through this partnership Airspan has the opportunity to expand its customer base in WISP market.

Oilfield communications Market – by Services

  • Managed Services
  • Professional Services


Oilfield communications Market – by Communication Network Technologies

  • Tetra Network
  • Fiber Optic-Based Communication Network
  • Microwave Communication Network
  • Cellular Communication Network
  • VSAT Communication Network


Oilfield communications Market – by Field Site

  • Onshore Communications
  • Offshore Communications


Oilfield communications Market – by Solution

  • Midstream Communication Solutions
  • Downstream Communication Solutions
  • Upstream Communication Solutions


Oilfield communications Market – by Geography

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Spain
    • UK
    • Italy
    • Rest of Europe
  • Asia Pacific (APAC)

    • South Korea
    • China
    • India
    • Australia
    • Japan
    • New Zealand
    • Rest of Asia Pacific
  • MEA

    • South Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • Rest of MEA
  • SAM

    • Argentina
    • Brazil
    • Chile
    • Rest of South America

Oilfield communications Market – Company Profiles

  • ABB Ltd.
  • Airspan Networks Inc.
  • BAKER HUGES INCORPORated
  • Ceragon Networks Ltd.
  • CommScope Holding Company, Inc.
  • Commtel Networks Pvt. Ltd.
  • Huawei Technologies Co. Ltd.
  • Hughes Network Systems LLC
  • Inmarsat plc
  • RAD Data Communications
  • Rignet, Inc.
  • Speedcast International Limited
  • Tait Communications
  • NOKIA COrporation (ALCATEL-LUCENT)
  • Siemens AG
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Service ; Communication Network Technology ; Field Sit ; and Solution

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina

The List of Companies

  1. ABB Ltd.
  2. Airspan Networks Inc.
  3. Baker Huges Incorporated
  4. Ceragon Networks Ltd.
  5. Commscope Holding Company, Inc.
  6. Commtel Networks Pvt. Ltd.
  7. Huawei Technologies Co. Ltd.
  8. Hughes Network Systems LLC
  9. Inmarsat plc
  10. Rad Data Communications
  11. RigNet, Inc.
  12. Speedcast International Limited
  13. Tait Communications
  14. Nokia Corporation (Alcatel-Lucent)
  15. Siemens AG

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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