The Oil And Gas Security Market Perspective, Comprehensive Analysis along with Major Segments and Forecast, 2019-2025. The report provides information and the advancing Oil And Gas Security business series information in the sector to the exchange. The Oil And Gas Security report provides a notion connected to the progress of this market movement of significant players of this industry. An examination of this Oil And Gas Security market relies upon aims, which are of coordinated into Oil And Gas Security analysis, is incorporated into the reports.
The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Oil And Gas Security Market: Cisco Systems, Siemens, Symantec, Honeywell, Parsons, Intel, General Electric, Microsoft, ABB, Lockheed Martin.
The global Oil And Gas Security Market is expected to reach US$ 39.10 Billion by 2025 growing at a CAGR of 6.15% from 2018 to 2025.
Oil & gas security and services are used to shield a natural gas industrial plant or oil exploration site. These ensure shielding of the technological implementations, which include distributed control systems, supervisory control, and data acquisition system (SCADA), OPC servers, and other operational technologies. Oil & gas security serves network as well as physical security across offshore and onshore operations. The increase in high-profile cyber-attacks, strict government regulation generates the acute necessity for oil & gas security services. To overcome these problems, oil & gas security services offer protection against cyber threats and security breaches. Furthermore, technologically advanced security solutions provide numerous benefits together with real time incidents alerts, directly to the concerned person within the organization. It helps scale back interruptions and reduces the danger from security breaches. However, high cost of implementation and slow adoption of network security solutions are some of the major disadvantages of the oil & gas security solutions.
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During the past decade, electronic-based utility platforms have been adopted by many oil and gas energy companies, to ease the services. With an increase in cyber terrorism, security of oil and gas transportation has become vulnerable. As per various white paper reports, the cyber breaches in oil and gas sectors are significantly impacting the government and private institutions’ confidence. Oceanic rims such as the Pacific, Atlantic and Indian Ocean, have become pivotal points of global world trade and have raised the geostrategic importance; maritime terrorism against ships, vessels and oil rigs have been on the rise in recent times. 80% and 60% of Japan and China’s oil supplies, respectively, are shipped through the Straits of Malacca, every year. Around USD 70 billion worth of oil passes through these straits, along with Straits of Hormuz, anually. These pirate attacks are causing huge loses to the oil and gas companies. Whereas, lack of awareness about the advanced security services market is restraining the growth of the market.
The Oil And Gas Security market can be devided based on product types and It’s sub-type, major applications and Third Party usage area, and important regions.
This report segments the global Oil And Gas Security Market on the basis of Types are:
Command & Control
Screening & Detection
On The basis Of Application, the Global Oil And Gas Security Market is Segmented into:
Exploring and Drilling
Distribution and Retail Services
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Regions Are covered By Oil And Gas Security Market Report 2019 To 2025.
North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia).
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Oil And Gas Security Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Oil And Gas Security Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
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