2016-2020 Global IT Spending in Energy Sector – Driven by the Digital Transformation & Automation of Energy Sector

Albany, New York, March 08, 2017: IT spending comprises the spending of the enterprise on the procurement of IT solutions and services in the energy sector. Energy firms like the oil and gas companies along with the power companies require IT solutions such as on-premises of @cloud-based software solutions, networking devices, equipment, and IT support services. The global IT spending in energy sector to grow at a CAGR of 3.18% during the period 2016-2020.

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Report covers the present scenario and the growth prospects of the global IT spending in energy sector for 2016-2020. To calculate the market size, the report considers the revenue generated by vendors providing IT products, solutions, and services for energy firms operating businesses in the oil and gas and the power sectors.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Global IT Spending in Energy Sector 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Dell
IBM
Infosys
SAP

Other prominent vendors
ABB Limited
Alcatel-Lucent
Capgemini
Cisco
Systems
GE Oil and Gas
Hitachi
Huawei Technologies
HCL Technologies
Oracle
Siemens
TCS

Market driver
Digital transformation and automation of energy sector.
For a full, detailed list, view our report

Market challenge
System integration and interoperability issues.
For a full, detailed list, view our report

Market trend
Energy analytics spending is on the rise.
For a full, detailed list, view our report

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