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Oilfield Communications Market Overview - Technologies and Solutions
With the ever-increasing demand for oil and the challenge of maintaining higher production volumes from older fields, oil exploration companies are being forced to search for oilfields in more remote and often inhospitable frontier environments. Complex operations and ever-increasing data requirement have created a demand for robust and reliable communication infrastructure.
The intelligent use and integration of telecommunication networks are critical factors for establishing and developing efficient and dynamic communication network infrastructure. An intelligent communication network will facilitate the seamless integration of data, information, and work processes across the oilfield and the control center.
Oilfield operators are employing more advanced technologies on the rigs; these new technological applications require high bandwidth. Very small aperture terminal (VSAT) and fiber-optic communication networks are highly used across the entire value chain of the oil and gas sector for voice and data communication. The emergence of cloud services, video conferencing, and cyber security has increased the burden on fast and reliable communication infrastructure on the field site. Some of the potential and emerging technologies and solutions for oilfield communication include machine to machine (M2M) communication, unified communication, video conferencing, and WiMAX.
By 2021, it is estimated that the increase in investment throughout Middle East and Africa (MEA), Asia-Pacific (APAC), and Latin America (LA) would drive these regions to generate more revenue in oilfield communications market than that of North America (NA). Terrestrial penetration, both offshore and onshore, continues in NA and Europe. The MEA, APAC, and LA markets provide future growth opportunities for satellite and cellular communication solutions market. In regions such as MEA and LA, the higher refining capacity, increasing discovery of offshore oilfield and the largest pipeline networks; will drive the demand for operational data communication, integrated communication, remote site network connectivity, pipeline and storage communication, and downstream communication solutions.
Related Reports: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)
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