Global Oil & Gas Analytics Market Size, Share, Opportunities, And Trends By Service (Professional, Cloud, Integration), By deployment mode (On-premises, Hosted), By Application (Upstream, Midstream, Downstream), And By Geography - Forecasts From 2025 To 2030

Oil & Gas Analytics Market Size:

The global oil and gas analytics market is expected to grow from USD 9.027 billion in 2025 to USD 15.830 billion in 2030, at a CAGR of 11.89%.

Oil & Gas Analytics Market Overview:

Oil and gas analytics enable companies operating in this field to create scenario-based decisions relating to oil exploration and production. The field is highly data-driven and uses methods such as statistical analysis, machine learning algorithms, and predictive modeling techniques for accuracy. Booming oil & gas demand, coupled with growing technological advancements in oil & gas exploration, is expected to propel the global oil and gas analytics market.

The oil and gas market is undergoing a transformative shift, driven by the integration of Big Data Analytics and AI, enhancing operational efficiency and decision-making. Machine Learning Oil & Gas and Predictive Analytics O&G enable proactive maintenance and optimized drilling, while Prescriptive Analytics O&G recommends actionable strategies. Digital Twin Oil & Gas models assets for real-time optimization, and IoT in Oil & Gas delivers continuous monitoring. Cloud Computing Energy supports scalable data processing, and Advanced Analytics Oilfield refines exploration and production. 

Oil & Gas Analytics Market Trends:

The oil and gas analytics market is advancing with Digital Oilfield technologies, integrating AI and IoT for real-time asset optimization. Energy Transition Analytics supports the shift to sustainable practices, while Decarbonization O&G leverages data to reduce emissions and align with ESG Reporting Oil & Gas standards. Smart Wells enhance production efficiency through automated monitoring and control. Hydrocarbon Accounting improves accuracy in resource tracking, ensuring compliance and profitability. These trends reflect the industry’s focus on digitalization, sustainability, and operational excellence, driving data-driven strategies to navigate environmental regulations and market demands while optimizing exploration and production in a dynamic energy landscape.

Oil & Gas Analytics Market Growth Drivers:

• Increasing demand for oil and gas

The global oil and gas analytics market expansion is primarily propelled by several key factors, including the increasing need for oil and gas, heightened competition within the sector, financial resources, and heightened public oversight. According to the International Energy Agency (IEA), the oil demand in 2023 is anticipated to reach 101.2 million barrels per day, and in 2024, it is expected to reach 102.3 million barrels per day. But on the contrary, the supply is expected to remain less, signifying a demand-to-supply gap in the supply chain. According to the IEA, the supply in 2021 was 63.9 million barrels per day, and a similar trend is anticipated to continue. Furthermore, ongoing investment in oil & exploration activities and project establishments has provided a positive scope for the global oil and gas analytics market growth.

• Advancement in technology

The global oil and gas analytics market growth is expected to be driven by the escalating exploration efforts in oil and gas, as well as the global rise in oil and gas prices. The adoption of analytics-powered applications in the industry can additionally aid companies in acquiring valuable insights for investment choices and other critical aspects. The utilization of artificial intelligence and the Internet of Things (IoT) in the global oil and gas analytics industry is seen as a major catalyst for the market's expansion. Numerous oil and gas firms are prioritizing the enhancement of efficiency and productivity through comprehensive data analysis, a need that is met by oil and gas analytics solutions.

Oil & Gas Analytics Market Geographical Outlook:

• The United States is anticipated to be the fastest-growing country in the North American region

The rising focus on improving the exploration of unconventional wells is expected to impact the oil and gas analytics market growth. The oil and gas industry in the country has witnessed an upward trend with a transformation in digitalization over the past few years, where the focus on analytics has increased manifold. Further, the increasing levels of awareness related to digital oilfields and the transformation of drilling, exploration, and transportation will drive the United States oil and gas analytics industry during the forecast period.

Additionally, stringent regulatory guidelines from the government, such as the US Commercial Building Initiative (CBI) are expected to compel the producers to bring technological advancement and reduce greenhouse gas emissions. This will result in a shift towards the use of analytical platforms and Artificial intelligence tools for better management and analysis of generated data.

• Increased natural gas production in the United States

As estimated by the U.S. Energy Information Administration, U.S. natural gas production increased in 2022 by around 4% compared to the previous year, amounting to 4.9 billion cubic feet per day. This highlights favorable prospects for increasing demand for oil and gas analytics in the upcoming years, as increased production will require real-time data insights for the optimization of operations. Moreover, the demand for data analysis reduces operational costs and enhances labor productivity, coupled with customizable security protocols. These factors are anticipated to boost the oil and gas analytics market in the long term.

Oil & Gas Analytics Market Key Developments:

• In  August 2025, Blackstone announced a deal to acquire Enverus (August 6, 2025): Blackstone confirmed its acquisition of Enverus, a leading energy-data and analytics platform, for $6.5 billion. This acquisition further establishes Enverus as an AI-driven, real-time energy intelligence platform. The deal is expected to close in late 2025.
• In June 2025, Novi Labs raised $35 million from Invictus Growth (June 25, 2025): Official press release from Novi Labs: The AI-first energy analytics platform raised $35 million to grow its product and go-to-market strategies. Its platform currently provides access to predictive insights that inform over $50 billion of energy investment decisions annually.
• In June 2025, Morgan Stanley’s 1GT climate fund leads $30 million Series E in Insight M (June 20, 2025): Morgan Stanley Investment Management's 1GT fund officially led a $30 million growth equity round for Insight M, which focuses on aerial methane detection and analytics. Insight M utilises its platform to provide high-resolution methane data to operators, enabling quick responses to methane leaks.

List of Top Oil & Gas Analytics Companies:

• Cognizant
• Rolta India Limited.
• Quantzig
• Alteryx
• IBM

Oil & Gas Analytics Market Scope:

Oil & Gas Analytics Market Segmentation:

• By Service
  • Professional
  • Cloud
  • Integration
• By Deployment Mode
  • On-premises
  • Hosted
• By Application
  • Upstream
  • Midstream
  • Downstream
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Thailand
    • Others

1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. GLOBAL OIL & GAS ANALYTICS MARKET BY SERVICE

5.1. Introduction

5.2. Professional

5.3. Cloud

5.4. Integration

6. GLOBAL OIL & GAS ANALYTICS MARKET BY DEPLOYMENT MODE

6.1. Introduction

6.2. On-premises

6.3. Hosted

7. GLOBAL OIL & GAS ANALYTICS MARKET BY APPLICATION

7.1. Introduction

7.2. Upstream

7.3. Midstream

7.4. Downstream

8. GLOBAL OIL & GAS ANALYTICS MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. Germany

8.4.2. France

8.4.3. United Kingdom

8.4.4. Spain

8.4.5. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. India

8.6.3. Japan

8.6.4. South Korea

8.6.5. Indonesia

8.6.6. Thailand

8.6.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. Cognizant

10.2. Rolta India Limited.

10.3. Quantzig

10.4. Alteryx

10.5. IBM

10.6. Northwest Analytics, Inc.

10.7. Teradata

10.8. SAP

10.9. SAS Institue Inc.

10.10. Cloud Software Group, Inc. (TIBCO Software Inc.)

11. APPENDIX

11.1. Currency 

11.2. Assumptions

11.3. Base and Forecast Years Timeline

11.4. Key benefits for the stakeholders

11.5. Research Methodology 

11.6. Abbreviations 

LIST OF FIGURES

LIST OF TABLES

Cognizant

Rolta India Limited.

Quantzig

Alteryx

IBM

Northwest Analytics, Inc.

Teradata

SAP

SAS Institue Inc.

Cloud Software Group, Inc. (TIBCO Software Inc.)