Market Research Report IT Spending in Energy Sector Market Trends Report

Global IT Spending in Energy Sector - Driven by the Digital Transformation & Automation of Energy Sector

Global IT Spending in Energy Sector - Driven by the Digital Transformation & Automation of Energy Sector

IT spending comprises the spending of the enterprise on the procurement of IT solutions and services in the energy sector . Energy firms like the oil and gas companies along with the power companies require IT solutions such as on-premises of @ cloud-based software solutions , networking devices , equipment , and IT support services . The global IT spending in energy sector to grow at a CAGR of 3.18 % during the period 2016-2020 .
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Report covers the present scenario and the growth prospects of the global IT spending in energy sector for 2016-2020 . To calculate the market size , the report considers the revenue generated by vendors providing IT products , solutions , and services for energy firms operating businesses in the oil and gas and the power sectors .
The market is divided into the following segments based on geography : Americas APAC EMEA
Global IT Spending in Energy Sector 2016-2020 , has been prepared based on an in-depth market analysis with inputs from industry experts . The report covers the market landscape and its growth prospects over the coming years . The report also includes a discussion of the key vendors operating in this market .
Key vendors Dell IBM Infosys SAP
Other prominent vendors ABB Limited Alcatel-Lucent Capgemini Cisco Systems GE Oil and Gas Hitachi Huawei Technologies HCL Technologies