SlideShare a Scribd company logo
1 of 6
Download to read offline
M2M Applications in the Oil and Gas Industry
Berg Insight
Report Highlight
M2M Applications in the Oil and Gas Industry
Highlights from this report:
360-degree overview of the M2M ecosystem in the oil & gas industry.
Insights from 30 new executive interviews with market leading companies.
Comprehensive overview of the value chain and key applications.
In-depth analysis of market trends and key developments.
Updated profiles of 42 key players in this market.
Market forecasts lasting until 2016.
This report answers the following questions:
•Which are the leading wireless M2M solution providers for oil and gas applications?
•What offerings are available from device vendors and service providers?
•What impact will new regulations have on the market?
•What are the key drivers behind the adoption of M2M applications?
•What impact will technology advancements have on the market?
•What is the split between cellular and satellite based M2M devices?
•What impact will the exploration of unconventional resources have on the market?
•How will the oil & gas M2M market evolve in the future?
M2M Applications in the Oil and Gas Industry
Executive summary
M2M is an abbreviation for machine-to-machine, or technology that supports wired or wireless communication
between devices. M2M technology has evolved from telemetry which is a technology that allows the remote
measurement and reporting of information of interest to the system operator. Supervisory Control And Data
Acquisition (SCADA) systems are centralized systems that utilize telemetry to monitor and control remote facilities.
SCADA, telemetry and M2M solutions can be found throughout the oil & gas value chain including applications such
as drill and well monitoring, fiscal metering and pipeline monitoring.
The oil & gas industry is characterized by remote and inaccessible facilities where wireless communication in many
cases is the only viable option for transferring M2M data. Wireless technologies such as private radio, cellular and
satellite communication can provide ubiquitous online connectivity at reasonable cost and deliver very high
performance, as well as excellent availability. All of these components combined enable the delivery of operations
management, equipment management and regulatory compliance applications linking remote equipment and
enterprise IT systems.
Berg Insight is of the opinion that the market for wireless M2M applications in the oil & gas industry has entered a
growth phase that will last for several years to come. Berg Insight estimates that the shipments of oil & gas M2M
devices with cellular or satellite communication capabilities reached 33,000 worldwide in 2011. Growing at a
compound annual growth rate of 30.7 percent, the shipments are expected to reach 126,000 in 2016. Compound
annual growth rates for cellular and satellite based devices will be 32.5 percent and 26.8 percent respectively during
the same period. The installed base of active oil & gas M2M devices is forecasted to grow at a compound annual
growth rate of 21.5 percent from 164,000 units at the end of 2011 to 435,000 units by 2016. The installed base of
cellular and satellite based M2M devices in 2016 are forecasted to be 275,000 units and 160,000 units respectively.
Berg Insight anticipates that on-shore well field equipment monitoring and in-land pipeline monitoring will be the top
two applications for wireless M2M in the oil & gas industry.
About the Publisher
View More Reports from this Publisher
View This Report
Berg Insight offers premier business intelligence to the telecom industry. We
produce concise reports providing key facts and strategic insights about pivotal
developments in our focus areas. Our vision is to be the most valuable source
of intelligence for our customers. Berg Insight was founded in 2004 by Johan
Fagerberg and Tobias Ryberg. Berg Insight has its headquarters in Gothenburg,
Sweden and serves clients around the world.
MarketResearch.com provides market research solutions to business professionals
seeking to enhance their business goals. We provide a number of business intelligence
solutions, from individual market research reports from over 700 leading global
publishers, to Knowledge Centers where clients can discover deeper business insight
products into a topic over time. Or perhaps your business needs a much wider view across
multiple industries and topics, if so, our Profound solution allows you to select specific
parts (graphs, tables, charts or sections) from different market research reports.
Our Account Managers have in-depth knowledge of the publishers and the various types
of reports in their respective industries. They give you unbiased and qualitative insights on
which reports will best meet your needs.
If you are interested in expanding your business or growing your market share, contact us
to get a free Consultation to Assess your Market Research Needs. We can help tailor a
solution that suits your unique business goals. One of our Account Managers will get right
back in touch with you.
About Us
For More on this Report and Additional Research
Visit MarketResearch.com
Or call
1-800-298-5699

More Related Content

More from MarketResearch.com

Circulating Tumor Cell, Cell Free DNA, Exosome and Vesicle Cancer Diagnostic ...
Circulating Tumor Cell, Cell Free DNA, Exosome and Vesicle Cancer Diagnostic ...Circulating Tumor Cell, Cell Free DNA, Exosome and Vesicle Cancer Diagnostic ...
Circulating Tumor Cell, Cell Free DNA, Exosome and Vesicle Cancer Diagnostic ...MarketResearch.com
 
Global Connected Car Market (2016 - 2022)
Global Connected Car Market (2016 - 2022)Global Connected Car Market (2016 - 2022)
Global Connected Car Market (2016 - 2022)MarketResearch.com
 
Global In-flight Wifi Market Outlook 2021
Global In-flight Wifi Market Outlook 2021Global In-flight Wifi Market Outlook 2021
Global In-flight Wifi Market Outlook 2021MarketResearch.com
 
Global Internet of Nano Things Market 2016-2020
Global Internet of Nano Things Market 2016-2020Global Internet of Nano Things Market 2016-2020
Global Internet of Nano Things Market 2016-2020MarketResearch.com
 
Customer Experience (CX) in Physician and HCP Engagement
Customer Experience (CX) in Physician and HCP EngagementCustomer Experience (CX) in Physician and HCP Engagement
Customer Experience (CX) in Physician and HCP EngagementMarketResearch.com
 
Global Open Loop Prepaid Cards Market Intelligence, Innovation, Strategy, and...
Global Open Loop Prepaid Cards Market Intelligence, Innovation, Strategy, and...Global Open Loop Prepaid Cards Market Intelligence, Innovation, Strategy, and...
Global Open Loop Prepaid Cards Market Intelligence, Innovation, Strategy, and...MarketResearch.com
 
Smart Clothing and Body Sensors
Smart Clothing and Body SensorsSmart Clothing and Body Sensors
Smart Clothing and Body SensorsMarketResearch.com
 
Global Telecoms - The Big Picture 2016 and Key Industry Statistics
Global Telecoms - The Big Picture 2016 and Key Industry StatisticsGlobal Telecoms - The Big Picture 2016 and Key Industry Statistics
Global Telecoms - The Big Picture 2016 and Key Industry StatisticsMarketResearch.com
 
Investigator Initiated Trial Management Expedite Approval Timelines and Estab...
Investigator Initiated Trial Management Expedite Approval Timelines and Estab...Investigator Initiated Trial Management Expedite Approval Timelines and Estab...
Investigator Initiated Trial Management Expedite Approval Timelines and Estab...MarketResearch.com
 
Green Household Cleaning and Laundry Products
Green Household Cleaning and Laundry ProductsGreen Household Cleaning and Laundry Products
Green Household Cleaning and Laundry ProductsMarketResearch.com
 
Functional Foods: Key Trends by Product Categories and Benefits
Functional Foods: Key Trends by Product Categories and BenefitsFunctional Foods: Key Trends by Product Categories and Benefits
Functional Foods: Key Trends by Product Categories and BenefitsMarketResearch.com
 
Human Capital Management Market by Solution
Human Capital Management Market by SolutionHuman Capital Management Market by Solution
Human Capital Management Market by SolutionMarketResearch.com
 
Power Packaging Technology Trends and Market Expectations
Power Packaging Technology Trends and Market ExpectationsPower Packaging Technology Trends and Market Expectations
Power Packaging Technology Trends and Market ExpectationsMarketResearch.com
 
Natural and Organic Foods and Beverages in the U.S., 4th Edition
Natural and Organic Foods and Beverages in the U.S., 4th EditionNatural and Organic Foods and Beverages in the U.S., 4th Edition
Natural and Organic Foods and Beverages in the U.S., 4th EditionMarketResearch.com
 
Weight Management: U.S. Consumer Mindsets by Packaged Facts
Weight Management: U.S. Consumer Mindsets by Packaged FactsWeight Management: U.S. Consumer Mindsets by Packaged Facts
Weight Management: U.S. Consumer Mindsets by Packaged FactsMarketResearch.com
 
Coffee and Ready-to-Drink Coffee in the U.S.: Retail & Food Service, 8th Edit...
Coffee and Ready-to-Drink Coffee in the U.S.: Retail & Food Service, 8th Edit...Coffee and Ready-to-Drink Coffee in the U.S.: Retail & Food Service, 8th Edit...
Coffee and Ready-to-Drink Coffee in the U.S.: Retail & Food Service, 8th Edit...MarketResearch.com
 
Sizzlin' Stats Pet Industry Trends
Sizzlin' Stats Pet Industry TrendsSizzlin' Stats Pet Industry Trends
Sizzlin' Stats Pet Industry TrendsMarketResearch.com
 
Frozen Food Markets in China By Asia Market Information & Development Company
Frozen Food Markets in China By Asia Market Information & Development CompanyFrozen Food Markets in China By Asia Market Information & Development Company
Frozen Food Markets in China By Asia Market Information & Development CompanyMarketResearch.com
 

More from MarketResearch.com (20)

Circulating Tumor Cell, Cell Free DNA, Exosome and Vesicle Cancer Diagnostic ...
Circulating Tumor Cell, Cell Free DNA, Exosome and Vesicle Cancer Diagnostic ...Circulating Tumor Cell, Cell Free DNA, Exosome and Vesicle Cancer Diagnostic ...
Circulating Tumor Cell, Cell Free DNA, Exosome and Vesicle Cancer Diagnostic ...
 
Global Connected Car Market (2016 - 2022)
Global Connected Car Market (2016 - 2022)Global Connected Car Market (2016 - 2022)
Global Connected Car Market (2016 - 2022)
 
Global In-flight Wifi Market Outlook 2021
Global In-flight Wifi Market Outlook 2021Global In-flight Wifi Market Outlook 2021
Global In-flight Wifi Market Outlook 2021
 
Global Internet of Nano Things Market 2016-2020
Global Internet of Nano Things Market 2016-2020Global Internet of Nano Things Market 2016-2020
Global Internet of Nano Things Market 2016-2020
 
Customer Experience (CX) in Physician and HCP Engagement
Customer Experience (CX) in Physician and HCP EngagementCustomer Experience (CX) in Physician and HCP Engagement
Customer Experience (CX) in Physician and HCP Engagement
 
Global Open Loop Prepaid Cards Market Intelligence, Innovation, Strategy, and...
Global Open Loop Prepaid Cards Market Intelligence, Innovation, Strategy, and...Global Open Loop Prepaid Cards Market Intelligence, Innovation, Strategy, and...
Global Open Loop Prepaid Cards Market Intelligence, Innovation, Strategy, and...
 
Smart Clothing and Body Sensors
Smart Clothing and Body SensorsSmart Clothing and Body Sensors
Smart Clothing and Body Sensors
 
Global Telecoms - The Big Picture 2016 and Key Industry Statistics
Global Telecoms - The Big Picture 2016 and Key Industry StatisticsGlobal Telecoms - The Big Picture 2016 and Key Industry Statistics
Global Telecoms - The Big Picture 2016 and Key Industry Statistics
 
Computer Software
Computer SoftwareComputer Software
Computer Software
 
Investigator Initiated Trial Management Expedite Approval Timelines and Estab...
Investigator Initiated Trial Management Expedite Approval Timelines and Estab...Investigator Initiated Trial Management Expedite Approval Timelines and Estab...
Investigator Initiated Trial Management Expedite Approval Timelines and Estab...
 
Green Household Cleaning and Laundry Products
Green Household Cleaning and Laundry ProductsGreen Household Cleaning and Laundry Products
Green Household Cleaning and Laundry Products
 
Functional Foods: Key Trends by Product Categories and Benefits
Functional Foods: Key Trends by Product Categories and BenefitsFunctional Foods: Key Trends by Product Categories and Benefits
Functional Foods: Key Trends by Product Categories and Benefits
 
Human Capital Management Market by Solution
Human Capital Management Market by SolutionHuman Capital Management Market by Solution
Human Capital Management Market by Solution
 
Power Packaging Technology Trends and Market Expectations
Power Packaging Technology Trends and Market ExpectationsPower Packaging Technology Trends and Market Expectations
Power Packaging Technology Trends and Market Expectations
 
Natural and Organic Foods and Beverages in the U.S., 4th Edition
Natural and Organic Foods and Beverages in the U.S., 4th EditionNatural and Organic Foods and Beverages in the U.S., 4th Edition
Natural and Organic Foods and Beverages in the U.S., 4th Edition
 
Weight Management: U.S. Consumer Mindsets by Packaged Facts
Weight Management: U.S. Consumer Mindsets by Packaged FactsWeight Management: U.S. Consumer Mindsets by Packaged Facts
Weight Management: U.S. Consumer Mindsets by Packaged Facts
 
Coffee and Ready-to-Drink Coffee in the U.S.: Retail & Food Service, 8th Edit...
Coffee and Ready-to-Drink Coffee in the U.S.: Retail & Food Service, 8th Edit...Coffee and Ready-to-Drink Coffee in the U.S.: Retail & Food Service, 8th Edit...
Coffee and Ready-to-Drink Coffee in the U.S.: Retail & Food Service, 8th Edit...
 
Sizzlin Stats Food & Beverage
Sizzlin Stats Food & BeverageSizzlin Stats Food & Beverage
Sizzlin Stats Food & Beverage
 
Sizzlin' Stats Pet Industry Trends
Sizzlin' Stats Pet Industry TrendsSizzlin' Stats Pet Industry Trends
Sizzlin' Stats Pet Industry Trends
 
Frozen Food Markets in China By Asia Market Information & Development Company
Frozen Food Markets in China By Asia Market Information & Development CompanyFrozen Food Markets in China By Asia Market Information & Development Company
Frozen Food Markets in China By Asia Market Information & Development Company
 

Recently uploaded

Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve Decarbonization
Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve DecarbonizationUsing IESVE for Loads, Sizing and Heat Pump Modeling to Achieve Decarbonization
Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve DecarbonizationIES VE
 
Basic Building Blocks of Internet of Things.
Basic Building Blocks of Internet of Things.Basic Building Blocks of Internet of Things.
Basic Building Blocks of Internet of Things.YounusS2
 
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdf
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdf
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdfJamie (Taka) Wang
 
Comparing Sidecar-less Service Mesh from Cilium and Istio
Comparing Sidecar-less Service Mesh from Cilium and IstioComparing Sidecar-less Service Mesh from Cilium and Istio
Comparing Sidecar-less Service Mesh from Cilium and IstioChristian Posta
 
UiPath Platform: The Backend Engine Powering Your Automation - Session 1
UiPath Platform: The Backend Engine Powering Your Automation - Session 1UiPath Platform: The Backend Engine Powering Your Automation - Session 1
UiPath Platform: The Backend Engine Powering Your Automation - Session 1DianaGray10
 
AI You Can Trust - Ensuring Success with Data Integrity Webinar
AI You Can Trust - Ensuring Success with Data Integrity WebinarAI You Can Trust - Ensuring Success with Data Integrity Webinar
AI You Can Trust - Ensuring Success with Data Integrity WebinarPrecisely
 
KubeConEU24-Monitoring Kubernetes and Cloud Spend with OpenCost
KubeConEU24-Monitoring Kubernetes and Cloud Spend with OpenCostKubeConEU24-Monitoring Kubernetes and Cloud Spend with OpenCost
KubeConEU24-Monitoring Kubernetes and Cloud Spend with OpenCostMatt Ray
 
IaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdf
IaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdfIaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdf
IaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdfDaniel Santiago Silva Capera
 
Cybersecurity Workshop #1.pptx
Cybersecurity Workshop #1.pptxCybersecurity Workshop #1.pptx
Cybersecurity Workshop #1.pptxGDSC PJATK
 
Computer 10: Lesson 10 - Online Crimes and Hazards
Computer 10: Lesson 10 - Online Crimes and HazardsComputer 10: Lesson 10 - Online Crimes and Hazards
Computer 10: Lesson 10 - Online Crimes and HazardsSeth Reyes
 
Building Your Own AI Instance (TBLC AI )
Building Your Own AI Instance (TBLC AI )Building Your Own AI Instance (TBLC AI )
Building Your Own AI Instance (TBLC AI )Brian Pichman
 
Empowering Africa's Next Generation: The AI Leadership Blueprint
Empowering Africa's Next Generation: The AI Leadership BlueprintEmpowering Africa's Next Generation: The AI Leadership Blueprint
Empowering Africa's Next Generation: The AI Leadership BlueprintMahmoud Rabie
 
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdf
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdfUiPath Solutions Management Preview - Northern CA Chapter - March 22.pdf
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdfDianaGray10
 
Videogame localization & technology_ how to enhance the power of translation.pdf
Videogame localization & technology_ how to enhance the power of translation.pdfVideogame localization & technology_ how to enhance the power of translation.pdf
Videogame localization & technology_ how to enhance the power of translation.pdfinfogdgmi
 
UiPath Studio Web workshop series - Day 8
UiPath Studio Web workshop series - Day 8UiPath Studio Web workshop series - Day 8
UiPath Studio Web workshop series - Day 8DianaGray10
 
Salesforce Miami User Group Event - 1st Quarter 2024
Salesforce Miami User Group Event - 1st Quarter 2024Salesforce Miami User Group Event - 1st Quarter 2024
Salesforce Miami User Group Event - 1st Quarter 2024SkyPlanner
 
NIST Cybersecurity Framework (CSF) 2.0 Workshop
NIST Cybersecurity Framework (CSF) 2.0 WorkshopNIST Cybersecurity Framework (CSF) 2.0 Workshop
NIST Cybersecurity Framework (CSF) 2.0 WorkshopBachir Benyammi
 
Nanopower In Semiconductor Industry.pdf
Nanopower  In Semiconductor Industry.pdfNanopower  In Semiconductor Industry.pdf
Nanopower In Semiconductor Industry.pdfPedro Manuel
 

Recently uploaded (20)

Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve Decarbonization
Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve DecarbonizationUsing IESVE for Loads, Sizing and Heat Pump Modeling to Achieve Decarbonization
Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve Decarbonization
 
Basic Building Blocks of Internet of Things.
Basic Building Blocks of Internet of Things.Basic Building Blocks of Internet of Things.
Basic Building Blocks of Internet of Things.
 
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdf
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdf
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdf
 
Comparing Sidecar-less Service Mesh from Cilium and Istio
Comparing Sidecar-less Service Mesh from Cilium and IstioComparing Sidecar-less Service Mesh from Cilium and Istio
Comparing Sidecar-less Service Mesh from Cilium and Istio
 
UiPath Platform: The Backend Engine Powering Your Automation - Session 1
UiPath Platform: The Backend Engine Powering Your Automation - Session 1UiPath Platform: The Backend Engine Powering Your Automation - Session 1
UiPath Platform: The Backend Engine Powering Your Automation - Session 1
 
AI You Can Trust - Ensuring Success with Data Integrity Webinar
AI You Can Trust - Ensuring Success with Data Integrity WebinarAI You Can Trust - Ensuring Success with Data Integrity Webinar
AI You Can Trust - Ensuring Success with Data Integrity Webinar
 
KubeConEU24-Monitoring Kubernetes and Cloud Spend with OpenCost
KubeConEU24-Monitoring Kubernetes and Cloud Spend with OpenCostKubeConEU24-Monitoring Kubernetes and Cloud Spend with OpenCost
KubeConEU24-Monitoring Kubernetes and Cloud Spend with OpenCost
 
IaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdf
IaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdfIaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdf
IaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdf
 
Cybersecurity Workshop #1.pptx
Cybersecurity Workshop #1.pptxCybersecurity Workshop #1.pptx
Cybersecurity Workshop #1.pptx
 
Computer 10: Lesson 10 - Online Crimes and Hazards
Computer 10: Lesson 10 - Online Crimes and HazardsComputer 10: Lesson 10 - Online Crimes and Hazards
Computer 10: Lesson 10 - Online Crimes and Hazards
 
Building Your Own AI Instance (TBLC AI )
Building Your Own AI Instance (TBLC AI )Building Your Own AI Instance (TBLC AI )
Building Your Own AI Instance (TBLC AI )
 
Empowering Africa's Next Generation: The AI Leadership Blueprint
Empowering Africa's Next Generation: The AI Leadership BlueprintEmpowering Africa's Next Generation: The AI Leadership Blueprint
Empowering Africa's Next Generation: The AI Leadership Blueprint
 
20230104 - machine vision
20230104 - machine vision20230104 - machine vision
20230104 - machine vision
 
201610817 - edge part1
201610817 - edge part1201610817 - edge part1
201610817 - edge part1
 
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdf
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdfUiPath Solutions Management Preview - Northern CA Chapter - March 22.pdf
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdf
 
Videogame localization & technology_ how to enhance the power of translation.pdf
Videogame localization & technology_ how to enhance the power of translation.pdfVideogame localization & technology_ how to enhance the power of translation.pdf
Videogame localization & technology_ how to enhance the power of translation.pdf
 
UiPath Studio Web workshop series - Day 8
UiPath Studio Web workshop series - Day 8UiPath Studio Web workshop series - Day 8
UiPath Studio Web workshop series - Day 8
 
Salesforce Miami User Group Event - 1st Quarter 2024
Salesforce Miami User Group Event - 1st Quarter 2024Salesforce Miami User Group Event - 1st Quarter 2024
Salesforce Miami User Group Event - 1st Quarter 2024
 
NIST Cybersecurity Framework (CSF) 2.0 Workshop
NIST Cybersecurity Framework (CSF) 2.0 WorkshopNIST Cybersecurity Framework (CSF) 2.0 Workshop
NIST Cybersecurity Framework (CSF) 2.0 Workshop
 
Nanopower In Semiconductor Industry.pdf
Nanopower  In Semiconductor Industry.pdfNanopower  In Semiconductor Industry.pdf
Nanopower In Semiconductor Industry.pdf
 

M2M Applications in the Oil and Gas Industry By Berg Insight

  • 1. M2M Applications in the Oil and Gas Industry Berg Insight Report Highlight
  • 2. M2M Applications in the Oil and Gas Industry Highlights from this report: 360-degree overview of the M2M ecosystem in the oil & gas industry. Insights from 30 new executive interviews with market leading companies. Comprehensive overview of the value chain and key applications. In-depth analysis of market trends and key developments. Updated profiles of 42 key players in this market. Market forecasts lasting until 2016. This report answers the following questions: •Which are the leading wireless M2M solution providers for oil and gas applications? •What offerings are available from device vendors and service providers? •What impact will new regulations have on the market? •What are the key drivers behind the adoption of M2M applications? •What impact will technology advancements have on the market? •What is the split between cellular and satellite based M2M devices? •What impact will the exploration of unconventional resources have on the market? •How will the oil & gas M2M market evolve in the future?
  • 3. M2M Applications in the Oil and Gas Industry Executive summary M2M is an abbreviation for machine-to-machine, or technology that supports wired or wireless communication between devices. M2M technology has evolved from telemetry which is a technology that allows the remote measurement and reporting of information of interest to the system operator. Supervisory Control And Data Acquisition (SCADA) systems are centralized systems that utilize telemetry to monitor and control remote facilities. SCADA, telemetry and M2M solutions can be found throughout the oil & gas value chain including applications such as drill and well monitoring, fiscal metering and pipeline monitoring. The oil & gas industry is characterized by remote and inaccessible facilities where wireless communication in many cases is the only viable option for transferring M2M data. Wireless technologies such as private radio, cellular and satellite communication can provide ubiquitous online connectivity at reasonable cost and deliver very high performance, as well as excellent availability. All of these components combined enable the delivery of operations management, equipment management and regulatory compliance applications linking remote equipment and enterprise IT systems. Berg Insight is of the opinion that the market for wireless M2M applications in the oil & gas industry has entered a growth phase that will last for several years to come. Berg Insight estimates that the shipments of oil & gas M2M devices with cellular or satellite communication capabilities reached 33,000 worldwide in 2011. Growing at a compound annual growth rate of 30.7 percent, the shipments are expected to reach 126,000 in 2016. Compound annual growth rates for cellular and satellite based devices will be 32.5 percent and 26.8 percent respectively during the same period. The installed base of active oil & gas M2M devices is forecasted to grow at a compound annual growth rate of 21.5 percent from 164,000 units at the end of 2011 to 435,000 units by 2016. The installed base of cellular and satellite based M2M devices in 2016 are forecasted to be 275,000 units and 160,000 units respectively. Berg Insight anticipates that on-shore well field equipment monitoring and in-land pipeline monitoring will be the top two applications for wireless M2M in the oil & gas industry.
  • 4. About the Publisher View More Reports from this Publisher View This Report Berg Insight offers premier business intelligence to the telecom industry. We produce concise reports providing key facts and strategic insights about pivotal developments in our focus areas. Our vision is to be the most valuable source of intelligence for our customers. Berg Insight was founded in 2004 by Johan Fagerberg and Tobias Ryberg. Berg Insight has its headquarters in Gothenburg, Sweden and serves clients around the world.
  • 5. MarketResearch.com provides market research solutions to business professionals seeking to enhance their business goals. We provide a number of business intelligence solutions, from individual market research reports from over 700 leading global publishers, to Knowledge Centers where clients can discover deeper business insight products into a topic over time. Or perhaps your business needs a much wider view across multiple industries and topics, if so, our Profound solution allows you to select specific parts (graphs, tables, charts or sections) from different market research reports. Our Account Managers have in-depth knowledge of the publishers and the various types of reports in their respective industries. They give you unbiased and qualitative insights on which reports will best meet your needs. If you are interested in expanding your business or growing your market share, contact us to get a free Consultation to Assess your Market Research Needs. We can help tailor a solution that suits your unique business goals. One of our Account Managers will get right back in touch with you. About Us
  • 6. For More on this Report and Additional Research Visit MarketResearch.com Or call 1-800-298-5699