By Component (Software and Services), By Solution type (Civil construction solution, Oil and gas solution, Nuclear waste disposal solution and Mining solution), By End-use Industry (Civil construction, Oil and gas, Nuclear waste disposal and Mining), By Region (North America, Europe, APAC and Rest of the World)
Drilling activities disturb the equilibrium of rock and soil and the geomechanics software and service helps in studying the effects of such industrial activities on earth and rock structures and help the industries to identify risks. There is a high demand to understand the behavior of rock and soil formation by construction, oil and gas industries and to know the further consequences on the soil. This is expected to support the geomechanics software and services market growth. The rapid development of the oil and gas, mining and construction industries and ongoing technological advancements in the infrastructure industries will increase the geomechanics software and services market sales significantly. With the increasing use of the Internet of Things all over the world, this technology has been able to add on several new features to these services and software.
Geo-mechanics software and services market revenue shall reach a value of $4,623 Million in 2031, growing with a CAGR of 17.6% during the forecast period of 2022 to 2031.
This technology has been used widely in the oil and gas exploration industries to enhance work performance and efficient operation. Further, the waste disposal sector also contributes substantially to the growth of geomechanics software and services market shares. The rising concern about the safety of the workers working in the industries such as mining, civil construction and oil, and gas exploration is also expected to expand the market size. Consequently, the government of several countries has taken suitable measures to enhance the adoption of geo-mechanics software and services to ensure the safety of the workers.
REGIONAL ANALYSIS
North America contributed the most to the industry development in 2022. The rising number of service providers is driving the revenue of the market in North America. Further, this region is expected to attain more than 50% of the overall revenue during the forecast period. Asia Pacific region is anticipated to fuel up the market revenue significantly over the forecast period owing to rising investment for IT solutions in the region. Moreover, the Europe region is also anticipated to grow significantly over the forecast period due to the rising investment in the cloud-based services by the government of the region.
SEGMENT ANALYSIS
Based on solution type, the bifurcation has been done as a civil construction solution, oil and gas solution, nuclear waste disposal solution and mining solution. Out of which, the nuclear waste disposal solution segment has dominated in terms of revenue in 2022. By component, the market has been segmented as software and services. Further, the software has been bifurcated as standalone and integrated.
Based on services, the market has been divided as implementation and integration, consulting and support and maintenance. By the end-use industry, the recent geomechanics software and services market research report provides an in-depth analysis of civil construction, oil, and gas, nuclear waste disposal, and mining. Out of which, the oil and gas segment dominated the market revenue.
INDUSTRY PLAYER ANALYSIS
Major industry players have been analyzed with coverage on their operating areas, revenues, and other strategic aspects. These industry players include Schlumberger Limited, Rockfield Global Technologies, Itasca Consulting Group, Ikon Science Limited, Baker Hughes Global, CGG, Landmark Solutions, Geosteering Technologies, and HXR Drilling Services. However, fluctuations in the prices of the commodities and a sharp decline in the CAPEX are the factors limiting the growth of the market. Other industries in this domain that are growing at a high CAGR include Data Erasure Solutions Market and Semiconductor Intellectual Property Market.
COVERAGE HIGHLIGHTS
• Revenue Estimation and Forecast (2022 – 2031)
• Sales Estimation and Forecast (2022 – 2031)
• Breakdown of Revenue by Segments (2022 – 2031)
• Breakdown of Sales by Segments (2022 – 2031)
• Gross Margin and Profitability Analysis of Companies
• Business Trend and Expansion Analysis
• Regional Analysis and Data Breakdown
SEGMENTAL ANALYSIS:
By Solution Type Outlook ($Revenue, 2022-2031)
· Civil construction solution
· Oil and gas solution
· Nuclear waste disposal solution
· Mining solution
By Component Outlook ($Revenue, 2022-2031)
• Services
• Implementation and integration
• Consulting
• Support and maintenance
• Software
• Standalone
• Integrated
By End-use Industry Outlook ($Revenue, 2022-2031)
· Civil construction
· Oil and gas
· Nuclear waste disposal
· Mining
By Regional Outlook ($Revenue and Unit Sales, 2022-2031)
• North America
• Canada
• U.S
• Mexico
• Europe
• Germany
• U.K
• France
• Netherlands
• Austria
• Rest of Europe
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of Asia Pacific
• The Middle East and Africa
• Saudi Arabia
• United Arab Emirates
• Rest of Middle East
• Africa
• South America
• Brazil
• Argentina
• Rest of South America
INDUSTRY PLAYERS ANALYSIS:
• Schlumberger Limited
• Rockfield Global Technologies
• Itasca Consulting Group
• Ikon Science Limited
• Baker Hughes Global
• CGG
• Landmark Solutions
• Geosteering Technologies
• HXR Drilling Services
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CHAPTER 1. INTRODUCTION
1.1. RESEARCH METHODOLOGY
1.1.1. Data Collection
1.1.2. Data Modeling
1.1.3. Historical Revenue and Sales Estimation
1.1.4. Data Triangulation
1.2. RESEARCH PROCESS
1.2.1. Primary Research
1.2.2. Secondary Research
1.2.3. Survey Data
1.2.4. Validation by In-House Expert
1.3. GEO-MECHANICS SOFTWARE AND SERVICES MARKET OVERVIEW
1.3.1. Research Scope and Market Definition
1.3.2. Executive Summary
CHAPTER 2. GLOBAL GEO-MECHANICS SOFTWARE AND SERVICES MARKET DEMAND SIDE ANALYSIS
2.1. GEO-MECHANICS SOFTWARE AND SERVICES MARKET CONSUMPTION VOLUME (MILLION UNITS), 2018 – 2025
2.2. MARKET CONSUMPTION VOLUME SPLIT BY REGION (MILLION UNITS), 2018 – 2025
2.3. MARKET CONSUMPTION VOLUME SPLIT BY COUNTRIES (MILLION UNITS), 2018 – 2025
2.4. MARKET REVENUE (MILLION USD), 2018-2025
2.5. MARKET REVENUE SPLIT BY REGION (MILLION UNITS), 2018 – 2025
2.6. GEO-MECHANICS SOFTWARE AND SERVICES MARKET REVENUE SPLIT BY COUNTRIES (MILLION UNITS), 2018 – 2025
CHAPTER 3. GLOBAL GEO-MECHANICS SOFTWARE AND SERVICES MARKET SUPPLY SIDE ANALYSIS
3.1. GEO-MECHANICS SOFTWARE AND SERVICES MARKET PRODUCTION VOLUME (MILLION UNITS), 2018 – 2025
3.2. MARKET PRODUCTION VOLUME SPLIT BY REGION (MILLION UNITS), 2018-2025
3.3. MARKET PRODUCTION VOLUME SPLIT/RANKING BY COUNTRIES (MILLION UNITS), 2018 – 2025
CHAPTER 4. GLOBAL GEO-MECHANICS SOFTWARE AND SERVICES MARKET COMPETITIVE SCENARIO & BUSINESS OPPORTUNITY ANALYSIS
4.1. COMPETITIVE STRENGTH RANKING BY MAJOR COUNTRIES, 2018
4.2. MARKET ATTRACTIVENESS RANKING BY MAJOR COUNTRIES, 2018 - 2025
4.3. EMERGING BUSINESS OPPORTUNITIES AND GROWTH PROSPECTS
4.3.1. Growth Drivers
4.3.2. Market Restraints
4.3.2. Opportunities
CHAPTER 5. GLOBAL GEO-MECHANICS SOFTWARE AND SERVICES MARKET ENTRY STRATEGIES
5.1. ENTRY STRATEGIES IN DEVELOPING MARKETS
5.2. ENTRY STRATEGIES IN DEVELOPED MARKETS
CHAPTER 6. GLOBAL GEO-MECHANICS SOFTWARE AND SERVICES MARKET BY SOLUTION TYPE
6.1. SEGMENT OUTLINE
6.2. REVENUE SHARE BY SOLUTION TYPE, $MILLION, 2018 – 2025
6.2. CONSUMPTION SHARE BY SOLUTION TYPE, MILLION UNITS, 2018 - 2025
6.3. PRODUCTION SHARE BY SOLUTION TYPE, MILLION UNITS, 2018 – 2025
6.4. CIVIL CONSTRUCTION SOLUTION
6.4.1. Market determinants and trend analysis
6.4.2. Market revenue, sales and production volume, 2018 – 2025
6.5. OIL AND GAS SOLUTION
6.5.1. Market determinants and trend analysis
6.5.2. Market revenue, sales and production volume, 2018 – 2025
6.6. NUCLEAR WASTE DISPOSAL SOLUTION
6.6.1. Market determinants and trend analysis
6.6.2. Market revenue, sales and production volume, 2018 – 2025
6.7. MINING SOLUTION
6.7.1. Market determinants and trend analysis
6.7.2. Market revenue, sales and production volume, 2018 – 2025
CHAPTER 7. GLOBAL GEO-MECHANICS SOFTWARE AND SERVICES MARKET BY COMPONENT
7.1. SEGMENT OUTLINE
7.2. REVENUE SHARE BY COMPONENT, $MILLION, 2018 – 2025
7.2. CONSUMPTION SHARE BY COMPONENT, MILLION UNITS, 2018 - 2025
7.3. PRODUCTION SHARE BY COMPONENT, MILLION UNITS, 2018 – 2025
7.4. SERVICES
7.4.1. Market determinants and trend analysis
7.4.2. Market revenue, sales and production volume, 2018 – 2025
7.4.3. Implementation and integration
7.4.3.1. Market revenue, sales and production volume, 2018 – 2025
7.4.4. Consulting
7.4.4.1. Market revenue, sales and production volume, 2018 – 2025
7.4.5. Support and maintenance
7.4.5.1. Market revenue, sales and production volume, 2018 – 2025
7.5. SOFTWARE
7.5.1. Market determinants and trend analysis
7.5.2. Market revenue, sales and production volume, 2018 – 2025
7.5.3. Standalone
7.4.3.1. Market revenue, sales and production volume, 2018 – 2025
7.5.4. Integrated
7.4.4.1. Market revenue, sales and production volume, 2018 – 2025
CHAPTER 8. GLOBAL GEO-MECHANICS SOFTWARE AND SERVICES MARKET BY END-USE INDUSTRY
8.1. SEGMENT OUTLINE
8.2. REVENUE SHARE BY END-USE INDUSTRY, $MILLION, 2018 – 2025
8.2. CONSUMPTION SHARE BY END-USE INDUSTRY, MILLION UNITS, 2018 - 2025
8.3. PRODUCTION SHARE BY END-USE INDUSTRY, MILLION UNITS, 2018 – 2025
8.4. CIVIL CONSTRUCTION
8.4.1. Market determinants and trend analysis
8.4.2. Market revenue, sales and production volume, 2018 – 2025
8.5. OIL AND GAS
8.5.1. Market determinants and trend analysis
8.5.2. Market revenue, sales and production volume, 2018 – 2025
8.6. NUCLEAR WASTE DISPOSAL
8.6.1. Market determinants and trend analysis
8.6.2. Market revenue, sales and production volume, 2018 – 2025
8.7. MINING
8.7.1. Market determinants and trend analysis
8.7.2. Market revenue, sales and production volume, 2018 – 2025
CHAPTER 9. GLOBAL GEO-MECHANICS SOFTWARE AND SERVICES MARKET BY REGIONS
9.1. REGIONAL OUTLOOK
9.2. MARKET PRODUCTION, CONSUMPTION & REVENUE BY REGION, 2018-2025
9.3. NORTH AMERICA
9.3.1. Current Trends and Future Prospects
9.3.2. North America market revenue, sales and production volume, 2018 – 2025
9.3.3. U.S.
9.3.3.1. Geo-Mechanics Software and Services Market Revenue $Million (2018 – 2025)
9.3.3.2. Geo-Mechanics Software and Services Market Consumption Million Units (2018 – 2025)
9.3.3.3. Geo-Mechanics Software and Services Market Production Million Units (2018 – 2025)
9.3.4. Canada
9.3.4.1. Geo-Mechanics Software and Services Market Revenue $Million (2018 – 2025)
9.3.4.2. Geo-Mechanics Software and Services Market Consumption Million Units (2018 – 2025)
9.3.4.3. Geo-Mechanics Software and Services Market Production Million Units (2018 – 2025)
9.3.5. Mexico
9.3.5.1. Geo-Mechanics Software and Services Market Revenue $Million (2018 – 2025)
9.3.5.2. Geo-Mechanics Software and Services Market Consumption Million Units (2018 – 2025)
9.3.5.3. Geo-Mechanics Software and Services Market Production Million Units (2018 – 2025)
9.4. EUROPE
9.4.1. Current Trends and Future Prospects
9.4.2. Europe market revenue, sales and production volume, 2018 – 2025
9.4.3. U.K
9.4.3.1. Geo-Mechanics Software and Services Market Revenue $Million (2018 – 2025)
9.4.3.2. Geo-Mechanics Software and Services Market Consumption Million Units (2018 – 2025)
9.4.3.3. Geo-Mechanics Software and Services Market Production Million Units (2018 – 2025)
9.4.4. Germany
9.4.4.1. Geo-Mechanics Software and Services Market Revenue $Million (2018 – 2025)
9.4.4.2. Geo-Mechanics Software and Services Market Consumption Million Units (2018 – 2025)
9.4.4.3. Geo-Mechanics Software and Services Market Production Million Units (2018 – 2025)
9.4.5. France
9.4.5.1. Geo-Mechanics Software and Services Market Revenue $Million (2018 – 2025)
9.4.5.2. Geo-Mechanics Software and Services Market Consumption Million Units (2018 – 2025)
9.4.5.3. Geo-Mechanics Software and Services Market Production Million Units (2018 – 2025)
9.4.6. Italy
9.4.6.1. Geo-Mechanics Software and Services Market Revenue $Million (2018 – 2025)
9.4.6.2. Geo-Mechanics Software and Services Market Consumption Million Units (2018 – 2025)
9.4.6.3. Geo-Mechanics Software and Services Market Production Million Units (2018 – 2025)
9.4.7. Rest of Europe
9.4.7.1. Geo-Mechanics Software and Services Market Revenue $Million (2018 – 2025)
9.4.7.2. Geo-Mechanics Software and Services Market Consumption Million Units (2018 – 2025)
9.4.7.3. Geo-Mechanics Software and Services Market Production Million Units (2018 – 2025)
9.5. ASIA PACIFIC
9.5.1. Current Trends and Future Prospects
9.5.2. Europe market revenue, sales and production volume, 2018 – 2025
9.5.3. India
9.5.3.1. Geo-Mechanics Software and Services Market Revenue $Million (2018 – 2025)
9.5.3.2. Geo-Mechanics Software and Services Market Consumption Million Units (2018 – 2025)
9.5.3.3. Geo-Mechanics Software and Services Market Production Million Units (2018 – 2025)
9.5.4. Japan
9.5.4.1. Geo-Mechanics Software and Services Market Revenue $Million (2018 – 2025)
9.5.4.2. Geo-Mechanics Software and Services Market Consumption Million Units (2018 – 2025)
9.5.4.3. Geo-Mechanics Software and Services Market Production Million Units (2018 – 2025)
9.5.5. China
9.5.5.1. Geo-Mechanics Software and Services Market Revenue $Million (2018 – 2025)
9.5.5.2. Geo-Mechanics Software and Services Market Consumption Million Units (2018 – 2025)
9.5.5.3. Geo-Mechanics Software and Services Market Production Million Units (2018 – 2025)
9.5.6. South Korea
9.5.6.1. Geo-Mechanics Software and Services Market Revenue $Million (2018 – 2025)
9.5.6.2. Geo-Mechanics Software and Services Market Consumption Million Units (2018 – 2025)
9.5.6.3. Geo-Mechanics Software and Services Market Production Million Units (2018 – 2025)
9.5.7. Rest of APAC
9.5.7.1. Geo-Mechanics Software and Services Market Revenue $Million (2018 – 2025)
9.5.7.2. Geo-Mechanics Software and Services Market Consumption Million Units (2018 – 2025)
9.5.7.3. Geo-Mechanics Software and Services Market Production Million Units (2018 – 2025)
9.6. REST OF THE WORLD
9.6.1. Current Trends and Future Prospects
9.6.2. Europe market revenue, sales and production volume, 2018 – 2025
9.6.3. Latin America
9.6.3.1. Geo-Mechanics Software and Services Market Revenue $Million (2018 – 2025)
9.6.3.2. Geo-Mechanics Software and Services Market Consumption Million Units (2018 – 2025)
9.6.3.3. Geo-Mechanics Software and Services Market Production Million Units (2018 – 2025)
9.6.4. Middle East
9.6.4.1. Geo-Mechanics Software and Services Market Revenue $Million (2018 – 2025)
9.6.4.2. Geo-Mechanics Software and Services Market Consumption Million Units (2018 – 2025)
9.6.4.3. Geo-Mechanics Software and Services Market Production Million Units (2018 – 2025)
9.6.5. Africa
9.6.5.1. Geo-Mechanics Software and Services Market Revenue $Million (2018 – 2025)
9.6.5.2. Geo-Mechanics Software and Services Market Consumption Million Units (2018 – 2025)
9.6.5.3. Geo-Mechanics Software and Services Market Production Million Units (2018 – 2025)
CHAPTER 10. KEY VENDOR PROFILES
10.1. Schlumberger Limited
10.1.1. Company overview
10.1.2. Portfolio Analysis
10.1.3. Estimated revenue from geo-mechanics software and services business and market share
10.1.4. Regional & business segment Revenue Analysis
10.2. Rockfield Global Technologies
10.2.1. Company overview
10.2.2. Portfolio Analysis
10.2.3. Estimated revenue from geo-mechanics software and services business and market share
10.2.4. Regional & business segment Revenue Analysis
10.3. Itasca Consulting Group
10.3.1. Company overview
10.3.2. Portfolio Analysis
10.3.3. Estimated revenue from geo-mechanics software and services business and market share
10.3.4. Regional & business segment Revenue Analysis
10.4. Ikon Science Limited
10.4.1. Company overview
10.4.2. Portfolio Analysis
10.4.3. Estimated revenue from geo-mechanics software and services business and market share
10.4.4. Regional & business segment Revenue Analysis
10.5. Baker Hughes Global
10.5.1. Company overview
10.5.2. Portfolio Analysis
10.5.3. Estimated revenue from geo-mechanics software and services business and market share
10.5.4. Regional & business segment Revenue Analysis
10.6. CGG
10.6.1. Company overview
10.6.2. Portfolio Analysis
10.6.3. Estimated revenue from geo-mechanics software and services business and market share
10.6.4. Regional & business segment Revenue Analysis
10.7. Landmark Solutions
10.7.1. Company overview
10.7.2. Portfolio Analysis
10.7.3. Estimated revenue from geo-mechanics software and services business and market share
10.7.4. Regional & business segment Revenue Analysis
10.8. Geosteering Technologies
10.8.1. Company overview
10.8.2. Portfolio Analysis
10.8.3. Estimated revenue from geo-mechanics software and services business and market share
10.8.4. Regional & business segment Revenue Analysis
10.9. HXR Drilling Services
10.9.1. Company overview
10.9.2. Portfolio Analysis
10.9.3. Estimated revenue from geo-mechanics software and services business and market share
10.9.4. Regional & business segment Revenue Analysis
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