Category Archives: OIL&GAS

Oil & Gas security market to reach $33B

Offshore oil and gas platformThe oil and gas security and service market size is estimated to grow from USD 26.34 Billion in 2015 to USD 33.90 Billion by 2020, at an estimated Compound Annual Growth Rate (CAGR) of 5.2% from 2015 to 2020.

These figures are according to Marketsandmarkets researchers from the company’s recently published report entitled, the “Oil and Gas Security and Service Market by Application (Exploration and Drilling, Refining and storage area, pipeline, transportation and distribution), Security type, Service type, Region – Global Forecast & Analysis to 2020”, The report segments the oil and gas security and services market into various subsegments with in-depth analysis and forecasting of revenues.

 

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