Hydrocarbons Accounting Solution Market (Updated Version Available)

The report offers detailed coverage of Hydrocarbons Accounting Solution industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Hydrocarbons Accounting Solution by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Hydrocarbon accounting (HCA), is defined as \"the system by which ownership of oil, gas, gas liquids and produced water is determined and tracked from the point of production to a point of sale or discharge\". The terms allocation and production reporting are also commonly used to refer to this function.
It has two essential elements. Firstly, gathering and validating flow measurement data in order to establish the definitive record of production from a facility. Secondly, it involves carrying out allocation calculations on the flow measurements to derive quantities that are not measured directly.

Hydrocarbons Accounting Solution includes two essential elements. Firstly, gathering and validating flow measurement data in order to establish the definitive record of production from a facility. Secondly, it involves carrying out allocation calculations on the flow measurements to derive quantities that are not measured directly. And the Hydrocarbons Accounting Software can be classified to cloud-based and on-promise type, and the cloud-based type is leading the growing market at present.
Hydrocarbons Accounting Solution is mainly used for three applications: Oil, Natural Gas and Water. And Oil & Gas was the most widely used area which took up about 98% of the global total in 2016.
North America is the largest consumption countries of Hydrocarbons Accounting Solution in the world in the past few years and it will keep increasing in the next few years. USA market took up about 30% the global market in 2016, while Europe was about 23%.

The report forecast global Hydrocarbons Accounting Solution market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Hydrocarbons Accounting Solution market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
SAP
Adept Solutions
P2 Energy Solutions
Tieto
Quorum Business Solutions
EnergySys
Schlumberger
JPL
Pansoft
CGI Group
Wipro Limited
Infosys


At the same time, we classify Hydrocarbons Accounting Solution according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
On-premises
Cloud-based
Market by Application
Oil
Natural Gas
Water

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Hydrocarbons Accounting Solution market for the forecast period 2021 - 2025?
• What are the driving forces in the Hydrocarbons Accounting Solution market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Hydrocarbons Accounting Solution industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?