Oil and Gas Security and Service Market was valued at USD 27.34 billion in 2019 which is expected to reach USD 36.39 billion by 2030 at a CAGR 5.65%.
Oil and gas security and services include various processes in oil and gas industry such as upstream, midstream, and downstream, that are secured with the help of stiff network and physical security measures. Oil and gas security and services will help to ensure operational efficiency and curtails losses associated with security breaches. Also, these are used to protect a natural gas refinery or oil exploration site.
Increase in expenditure by oil and gas companies on network and physical security is the key driving factor which is expected to boost the Oil and Gas Security and Service Market growth. Furthermore, increase in government regulations to ensure security in all stages of oil and gas exploration, transportation, processing, and storage will positively contribute the market growth. Many governments have crafted numerous cyber security strategies and developed related rules and regulations and framework to ensure optimum security in the oil and gas industry will fuel the market growth over the forecast period. Moreover, increase in energy demand and depletion of energy resources in past few years have put pressure on companies and governments to develop plans for oil and gas security system measures will drive the market growth.
However, lack of awareness and security training within oil and gas industry is the major restraining factor which is expected to hinder the global oil and gas security and services market growth. Also, difficulty in implementation of compressive security solutions in multisite facilities will affect the market growth.
Oil and Gas Security and Service Market is segmented into Component such as Solution, and Services, by services such as Risk Management services, System Design, Integration, and Consulting, and Managed Services, by security type such as Physical Security, and Network Security. Further, market is segmented into operation such as Upstream, Midstream, and Downstream.
Also, Oil and Gas Security and Service Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as CISCO, HONEYWELL, SIEMENS, MICROSOFT, NORTONLIFELOCK, LOCKHEED MARTIN, ABB, PARSONS, FORTINET, and TREND MICRO
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5.1 Y-o-Y Growth Comparison, By Component
5.2 Global Oil and Gas Security and Service Market Share Analysis, By Component
5.3 Global Oil and Gas Security and Service Market Size and Forecast, By Component
5.3.1 Solution
5.3.2 Services
6.1 Y-o-Y Growth Comparison, By Service
6.2 Global Oil and Gas Security and Service Market Share Analysis, By Service
6.3 Global Oil and Gas Security and Service Market Size and Forecast, By Service
6.3.1 Risk Management services
6.3.2 System design, integration, Consulting
6.3.3.Managed Services
7.1 Y-o-Y Growth Comparison, By Security Type
7.2 Global Oil and Gas Security and Service Market Share Analysis, By Security Type
7.3 Global Oil and Gas Security and Service Market Size and Forecast, By Security Type
7.3.1 Physical security
7.3.2 Network Security
8.1 Y-o-Y Growth Comparison, By Operation
8.2 Global Oil and Gas Security and Service Market Share Analysis, By Operation
8.3 Global Oil and Gas Security and Service Market Size and Forecast, By Operation
8.3.1 Upstream
8.3.2 Midstream
8.3.3 Down Stream
9.1 Global Oil and Gas Security and Service Market Share Analysis, By Region
9.2 Global Oil and Gas Security and Service Market Share Analysis, By Region
9.3 Global Oil and Gas Security and Service Market Size and Forecast, By Region
10.1 Introduction
10.2 North America Oil and Gas Security and Service Product Market Share Analysis, By Component
10.3 North America Oil and Gas Security and Service Product Market Size and Forecast, By Service
10.4 North America Oil and Gas Security and Service Product Market Size and Forecast, By Security Type
10.5 North America Oil and Gas Security and Service Product Market Size and Forecast, By Operation
10.6 North America Oil and Gas Security and Service Product Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11.1 Introduction
11.2 Europe Oil and Gas Security and Service Product Market Share Analysis, By Component
11.3 Europe Oil and Gas Security and Service Product Market Size and Forecast, By Service
11.4 Europe Oil and Gas Security and Service Product Market Size and Forecast, By Security Type
11.5 Europe Oil and Gas Security and Service Product Market Size and Forecast, By Operation
11.6 Europe Oil and Gas Security and Service Product Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.64. Rest of Europe
12.1 Introduction
12.2 Asia Pacific Oil and Gas Security and Service Product Market Share Analysis, By Component
12.3 Asia Pacific Oil and Gas Security and Service Product Market Size and Forecast, By Service
12.4 Asia Pacific Oil and Gas Security and Service Product Market Size and Forecast, By Security Type
12.5 Asia Pacific Oil and Gas Security and Service Product Market Size and Forecast, By Operation
12.6 Asia Pacific Oil and Gas Security and Service Product Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13.1 Introduction
13.2 Latin America Oil and Gas Security and Service Product Market Share Analysis, By Component
13.3 Latin America Oil and Gas Security and Service Product Market Size and Forecast, By Service
13.4 Latin America Oil and Gas Security and Service Product Market Size and Forecast, By Security Type
13.5 Latin America Oil and Gas Security and Service Product Market Size and Forecast, By Operation
13.6 Latin America Oil and Gas Security and Service Product Market Size and Forecast, By Country
14.1 Introduction
14.2 Middle East Oil and Gas Security and Service Product Market Share Analysis, By Component
14.3 Middle East Oil and Gas Security and Service Product Market Size and Forecast, By Service
14.4 Middle East Oil and Gas Security and Service Product Market Size and Forecast, By Security Type
14.5 Middle East Oil and Gas Security and Service Product Market Size and Forecast, By Operation
14.6 Middle East Oil and Gas Security and Service Product Market Size and Forecast, By Country
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies